ACD BOIS: 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.
ACD BOIS
Largest movements
- Intangible fixed assets +€88,323
new in 2025: €88,323
- Trade debts +€39,998
up €39,998 (+585.5%), from €6,831 to €46,829
- Reserves +€16,577
up €16,577 (+90.3%), from €18,363 to €34,940
- Debts after one year +€14,715
up €14,715 (+16.4%), from €89,763 to €104,478
- Current portion of long-term debt +€12,112
up €12,112 (+50.4%), from €24,010 to €36,122
- Other debts +€7,076
up €7,076 (+69.3%), from €10,212 to €17,289
- Gross operating margin +€15,069
up €15,069 (+46.0%), from €32,732 to €47,801
- Taxes +€5,985
up €5,985 (+74.2%), from €8,071 to €14,056
- Staff costs +€1,991
new in 2025: €1,991
- Depreciation +€1,677
up €1,677 (+955.7%), from €175 to €1,852
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 | €181,682 | €272,590 | +€90,908 | +50.0% |
| Fixed assets | 21/28 | €170,260 | €260,018 | +€89,758 | +52.7% |
| Intangible fixed assets | 21 | - | €88,323 | +€88,323 | |
| Tangible fixed assets | 22/27 | €260 | €85 | -€175 | -67.4% |
| Furniture and vehicles | 24 | €260 | €85 | -€175 | -67.4% |
| Financial fixed assets | 28 | €170,000 | €171,610 | +€1,610 | +0.9% |
| Current assets | 29/58 | €11,421 | €12,571 | +€1,150 | +10.1% |
| Stocks and contracts in progress | 3 | - | €2,300 | +€2,300 | |
| Stocks | 30/36 | - | €2,300 | +€2,300 | |
| Amounts receivable within one year | 40/41 | €116 | - | -€116 | |
| Trade receivables | 40 | €116 | - | -€116 | |
| Cash at bank and in hand | 54/58 | €9,443 | €7,921 | -€1,522 | -16.1% |
| Deferred charges and accrued income | 490/1 | €1,863 | €2,350 | +€487 | +26.2% |
| Total equity and liabilities | 10/49 | €181,682 | €272,590 | +€90,908 | +50.0% |
| Equity | 10/15 | €31,398 | €47,976 | +€16,577 | +52.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,363 | €34,940 | +€16,577 | +90.3% |
| Distributable reserves | 133 | €18,363 | €34,940 | +€16,577 | +90.3% |
| Profit (loss) carried forward | 14 | €10,536 | €10,536 | = | 0.0% |
| Amounts payable | 17/49 | €150,283 | €224,614 | +€74,331 | +49.5% |
| Amounts payable after more than one year | 17 | €89,763 | €104,478 | +€14,715 | +16.4% |
| Financial debts | 170/4 | €89,763 | €104,478 | +€14,715 | +16.4% |
| Amounts payable within one year | 42/48 | €60,125 | €120,136 | +€60,011 | +99.8% |
| Current portion of amounts payable after more than one year | 42 | €24,010 | €36,122 | +€12,112 | +50.4% |
| Trade debts | 44 | €6,831 | €46,829 | +€39,998 | +585.5% |
| Suppliers | 440/4 | €6,831 | €46,829 | +€39,998 | +585.5% |
| Taxes, remuneration and social security | 45 | €19,072 | €19,896 | +€825 | +4.3% |
| Taxes | 450/3 | €16,772 | €19,896 | +€3,125 | +18.6% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €10,212 | €17,289 | +€7,076 | +69.3% |
| Accrued charges and deferred income | 492/3 | €396 | - | -€396 | |
| Remuneration, social security and pensions | 62 | - | €1,991 | +€1,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €1,852 | +€1,677 | +955.7% |
| Other operating charges | 640/8 | €789 | €502 | -€287 | -36.4% |
| Gross operating margin | 9900 | €32,732 | €47,801 | +€15,069 | +46.0% |
| Operating profit (loss) | 9901 | €31,768 | €43,456 | +€11,689 | +36.8% |
| Financial income | 75/76B | €0 | €244 | +€244 | +610900.0% |
| Recurring financial income | 75 | €0 | €244 | +€244 | +610900.0% |
| Financial charges | 65/66B | €3,161 | €3,256 | +€95 | +3.0% |
| Recurring financial charges | 65 | €3,161 | €3,256 | +€95 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €28,607 | €40,445 | +€11,838 | +41.4% |
| Income taxes | 67/77 | €8,071 | €14,056 | +€5,985 | +74.2% |
| Profit (loss) for the period | 9904 | €20,536 | €26,389 | +€5,853 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,536 | €26,389 | +€5,853 | +28.5% |
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 9 October 2026 via checked.be.