AcB Relocations: what changed
Two fiscal 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 Relocations
Largest movements
- Receivables within one year +€161,998
up €161,998 (+44.7%), from €362,524 to €524,522
of which Trade receivables: +€168,956
- Tangible fixed assets -€17,198
down €17,198 (-12.5%), from €137,409 to €120,211
of which Land and buildings: -€16,487
- Cash -€7,316
down €7,316 (-17.8%), from €41,035 to €33,719
mainly Receivables within one year (-€161,998) and Investment in fixed assets (net) (-€18,896)
- Reserves +€71,251
up €71,251 (+16.6%), from €430,348 to €501,599
- Short-term financial debts +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€19,774
up €19,774 (+28.5%), from €69,378 to €89,152
of which Taxes: +€20,378
- Taxes +€20,534
up €20,534 (+31.9%), from €64,309 to €84,843
- Other operating charges +€8,393
up €8,393 (+36.3%), from €23,130 to €31,523
- Gross operating margin +€7,435
up €7,435 (+2.5%), from €292,218 to €299,653
- Financial income -€3,546
down €3,546 (-23.4%), from €15,133 to €11,587
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.
Cash bridge derived
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 | €548,137 | €685,433 | +€137,296 | +25.0% |
| Fixed assets | 21/28 | €142,409 | €125,211 | -€17,198 | -12.1% |
| Tangible fixed assets | 22/27 | €137,409 | €120,211 | -€17,198 | -12.5% |
| Land and buildings | 22 | €73,445 | €56,958 | -€16,487 | -22.4% |
| Plant, machinery and equipment | 23 | €22,563 | €17,065 | -€5,498 | -24.4% |
| Furniture and vehicles | 24 | €41,402 | €46,188 | +€4,787 | +11.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €405,728 | €560,222 | +€154,494 | +38.1% |
| Amounts receivable within one year | 40/41 | €362,524 | €524,522 | +€161,998 | +44.7% |
| Trade receivables | 40 | €277,629 | €446,585 | +€168,956 | +60.9% |
| Other amounts receivable | 41 | €84,894 | €77,937 | -€6,958 | -8.2% |
| Cash at bank and in hand | 54/58 | €41,035 | €33,719 | -€7,316 | -17.8% |
| Deferred charges and accrued income | 490/1 | €2,169 | €1,981 | -€188 | -8.7% |
| Total equity and liabilities | 10/49 | €548,137 | €685,433 | +€137,296 | +25.0% |
| Equity | 10/15 | €430,348 | €501,599 | +€71,251 | +16.6% |
| Reserves | 13 | €430,348 | €501,599 | +€71,251 | +16.6% |
| Distributable reserves | 133 | €430,348 | €501,599 | +€71,251 | +16.6% |
| Amounts payable | 17/49 | €117,789 | €183,834 | +€66,045 | +56.1% |
| Amounts payable within one year | 42/48 | €117,789 | €183,834 | +€66,045 | +56.1% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €48,412 | €44,593 | -€3,819 | -7.9% |
| Suppliers | 440/4 | €48,412 | €44,593 | -€3,819 | -7.9% |
| Taxes, remuneration and social security | 45 | €69,378 | €89,152 | +€19,774 | +28.5% |
| Taxes | 450/3 | €68,774 | €89,152 | +€20,378 | +29.6% |
| Remuneration and social security | 454/9 | €604 | - | -€604 | |
| Other amounts payable | 47/48 | - | €89 | +€89 | |
| Remuneration, social security and pensions | 62 | €72,931 | €74,914 | +€1,983 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,145 | €36,095 | -€50 | -0.1% |
| Other operating charges | 640/8 | €23,130 | €31,523 | +€8,393 | +36.3% |
| Non-recurring operating charges | 66A | €3,120 | - | -€3,120 | |
| Gross operating margin | 9900 | €292,218 | €299,653 | +€7,435 | +2.5% |
| Operating profit (loss) | 9901 | €156,893 | €157,121 | +€228 | +0.1% |
| Financial income | 75/76B | €15,133 | €11,587 | -€3,546 | -23.4% |
| Recurring financial income | 75 | €15,133 | €11,587 | -€3,546 | -23.4% |
| Financial charges | 65/66B | €11,353 | €11,705 | +€352 | +3.1% |
| Recurring financial charges | 65 | €11,353 | €11,705 | +€352 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €160,672 | €157,003 | -€3,669 | -2.3% |
| Income taxes | 67/77 | €64,309 | €84,843 | +€20,534 | +31.9% |
| Profit (loss) for the period | 9904 | €96,363 | €72,160 | -€24,203 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,363 | €72,160 | -€24,203 | -25.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.