ACB AGENCIES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ACB AGENCIES
Largest movements
- Receivables within one year +€789,495
up €789,495 (+48.0%), from €1.6m to €2.4m
of which Trade receivables: +€786,496
- Deferred charges and accrued income +€44,533
up €44,533 (+1,499%), from €2,971 to €47,505
- Trade debts +€708,698
up €708,698 (+39.9%), from €1.8m to €2.5m
- Tax, wage and social debts -€96,438
down €96,438 (-62.5%), from €154,356 to €57,917
of which Taxes: -€99,474
- Reserves +€83,236
up €83,236 (+17.7%), from €470,590 to €553,826
- Other debts +€52,001
up €52,001 (+20.9%), from €248,453 to €300,453
- Financial charges +€263,787
up €263,787 (+233%), from €113,157 to €376,944
- Financial income +€254,321
up €254,321 (+216%), from €117,548 to €371,869
- Gross operating margin +€55,692
up €55,692 (+6.3%), from €885,479 to €941,170
- Staff costs +€19,233
up €19,233 (+5.1%), from €376,101 to €395,335
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,689,220 | €3,477,188 | +€787,968 | +29.3% |
| Fixed assets | 21/28 | €59,472 | €46,659 | -€12,814 | -21.5% |
| Tangible fixed assets | 22/27 | €59,432 | €46,619 | -€12,814 | -21.6% |
| Plant, machinery and equipment | 23 | €27,664 | €19,799 | -€7,864 | -28.4% |
| Furniture and vehicles | 24 | €4,322 | €2,470 | -€1,852 | -42.8% |
| Other tangible fixed assets | 26 | €27,446 | €24,349 | -€3,097 | -11.3% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €2,629,748 | €3,430,529 | +€800,782 | +30.5% |
| Stocks and contracts in progress | 3 | €28,500 | €13,500 | -€15,000 | -52.6% |
| Stocks | 30/36 | €28,500 | €13,500 | -€15,000 | -52.6% |
| Amounts receivable within one year | 40/41 | €1,643,184 | €2,432,679 | +€789,495 | +48.0% |
| Trade receivables | 40 | €1,636,276 | €2,422,772 | +€786,496 | +48.1% |
| Other amounts receivable | 41 | €6,908 | €9,907 | +€2,999 | +43.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €955,092 | €936,845 | -€18,247 | -1.9% |
| Deferred charges and accrued income | 490/1 | €2,971 | €47,505 | +€44,533 | +1,499% |
| Total equity and liabilities | 10/49 | €2,689,220 | €3,477,188 | +€787,968 | +29.3% |
| Equity | 10/15 | €489,182 | €572,418 | +€83,236 | +17.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €470,590 | €553,826 | +€83,236 | +17.7% |
| Distributable reserves | 133 | €470,590 | €553,826 | +€83,236 | +17.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,200,038 | €2,904,770 | +€704,732 | +32.0% |
| Amounts payable after more than one year | 17 | €9,916 | €9,916 | = | 0.0% |
| Other amounts payable | 178/9 | €9,916 | €9,916 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,177,698 | €2,875,619 | +€697,922 | +32.0% |
| Financial debts | 43 | €0 | €33,661 | +€33,661 | |
| Credit institutions | 430/8 | €0 | €33,661 | +€33,661 | |
| Trade debts | 44 | €1,774,889 | €2,483,588 | +€708,698 | +39.9% |
| Suppliers | 440/4 | €1,774,889 | €2,483,588 | +€708,698 | +39.9% |
| Taxes, remuneration and social security | 45 | €154,356 | €57,917 | -€96,438 | -62.5% |
| Taxes | 450/3 | €113,755 | €14,281 | -€99,474 | -87.4% |
| Remuneration and social security | 454/9 | €40,600 | €43,636 | +€3,036 | +7.5% |
| Other amounts payable | 47/48 | €248,453 | €300,453 | +€52,001 | +20.9% |
| Accrued charges and deferred income | 492/3 | €12,425 | €19,235 | +€6,810 | +54.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €376,101 | €395,335 | +€19,233 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,892 | €20,591 | -€4,300 | -17.3% |
| Other operating charges | 640/8 | €9,706 | €2,638 | -€7,068 | -72.8% |
| Gross operating margin | 9900 | €885,479 | €941,170 | +€55,692 | +6.3% |
| Operating profit (loss) | 9901 | €474,780 | €522,606 | +€47,826 | +10.1% |
| Financial income | 75/76B | €117,548 | €371,869 | +€254,321 | +216% |
| Recurring financial income | 75 | €117,548 | €371,869 | +€254,321 | +216% |
| Financial charges | 65/66B | €113,157 | €376,944 | +€263,787 | +233% |
| Recurring financial charges | 65 | €113,157 | €376,944 | +€263,787 | +233% |
| Profit (loss) for the period before taxes | 9903 | €479,171 | €517,530 | +€38,360 | +8.0% |
| Income taxes | 67/77 | €130,172 | €134,294 | +€4,122 | +3.2% |
| Profit (loss) for the period | 9904 | €348,998 | €383,236 | +€34,238 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €348,998 | €383,236 | +€34,238 | +9.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.