ACC Invest: 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.
ACC Invest
Largest movements
- Cash +€15,932
up €15,932 (+317%), from €5,029 to €20,961
mainly Other debts (+€13,563) and Depreciation (+€11,817)
- Tangible fixed assets -€11,817
down €11,817 (-4.8%), from €244,059 to €232,242
of which Land and buildings: -€6,610
- Receivables within one year -€5,981
down €5,981 (-46.0%), from €13,005 to €7,024
- Deferred charges and accrued income -€3,024
down €3,024 (-74.5%), from €4,062 to €1,038
- Tax, wage and social debts -€13,904
down €13,904 (-64.1%), from €21,705 to €7,800
of which Remuneration and social security: -€13,750
- Other debts +€13,563
up €13,563 (+89.7%), from €15,127 to €28,690
- Debts after one year -€11,973
down €11,973 (-32.7%), from €36,622 to €24,649
- Profit (loss) carried forward +€10,214
up €10,214 (+77.5%), from €13,171 to €23,385
- Current portion of long-term debt -€2,679
down €2,679 (-18.0%), from €14,885 to €12,206
- Gross operating margin +€24,248
up €24,248 (+84.8%), from €28,585 to €52,833
- Financial charges +€3,318
up €3,318 (+7,604%), from €44 to €3,361
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 | €266,155 | €261,265 | -€4,890 | -1.8% |
| Fixed assets | 21/28 | €244,059 | €232,242 | -€11,817 | -4.8% |
| Tangible fixed assets | 22/27 | €244,059 | €232,242 | -€11,817 | -4.8% |
| Land and buildings | 22 | €225,847 | €219,237 | -€6,610 | -2.9% |
| Furniture and vehicles | 24 | €18,211 | €13,005 | -€5,207 | -28.6% |
| Current assets | 29/58 | €22,096 | €29,023 | +€6,926 | +31.3% |
| Amounts receivable within one year | 40/41 | €13,005 | €7,024 | -€5,981 | -46.0% |
| Trade receivables | 40 | €13,005 | €7,024 | -€5,981 | -46.0% |
| Cash at bank and in hand | 54/58 | €5,029 | €20,961 | +€15,932 | +317% |
| Deferred charges and accrued income | 490/1 | €4,062 | €1,038 | -€3,024 | -74.5% |
| Total equity and liabilities | 10/49 | €266,155 | €261,265 | -€4,890 | -1.8% |
| Equity | 10/15 | €163,444 | €173,659 | +€10,214 | +6.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €273 | €273 | = | 0.0% |
| Distributable reserves | 133 | €273 | €273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,171 | €23,385 | +€10,214 | +77.5% |
| Amounts payable | 17/49 | €102,710 | €87,606 | -€15,104 | -14.7% |
| Amounts payable after more than one year | 17 | €36,622 | €24,649 | -€11,973 | -32.7% |
| Other amounts payable | 178/9 | €36,622 | €24,649 | -€11,973 | -32.7% |
| Amounts payable within one year | 42/48 | €66,088 | €62,957 | -€3,131 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €14,885 | €12,206 | -€2,679 | -18.0% |
| Trade debts | 44 | €14,371 | €14,260 | -€111 | -0.8% |
| Suppliers | 440/4 | €14,371 | €14,260 | -€111 | -0.8% |
| Taxes, remuneration and social security | 45 | €21,705 | €7,800 | -€13,904 | -64.1% |
| Taxes | 450/3 | €7,955 | €7,800 | -€154 | -1.9% |
| Remuneration and social security | 454/9 | €13,750 | - | -€13,750 | |
| Other amounts payable | 47/48 | €15,127 | €28,690 | +€13,563 | +89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,562 | €11,817 | +€255 | +2.2% |
| Other operating charges | 640/8 | €4,972 | €5,219 | +€247 | +5.0% |
| Non-recurring operating charges | 66A | €920 | €17,473 | +€16,553 | +1,799% |
| Gross operating margin | 9900 | €28,585 | €52,833 | +€24,248 | +84.8% |
| Operating profit (loss) | 9901 | €11,131 | €18,324 | +€7,193 | +64.6% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €44 | €3,361 | +€3,318 | +7,604% |
| Recurring financial charges | 65 | €44 | €3,361 | +€3,318 | +7,604% |
| Profit (loss) for the period before taxes | 9903 | €11,093 | €14,962 | +€3,869 | +34.9% |
| Income taxes | 67/77 | €4,368 | €4,748 | +€381 | +8.7% |
| Profit (loss) for the period | 9904 | €6,725 | €10,214 | +€3,489 | +51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,725 | €10,214 | +€3,489 | +51.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.