Skip to content

ACD CONSULT: 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.

What changed

ACD CONSULT

BE 0473.496.590
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,736
2024 · €41,904-€32,168
Equity
€102,510
2024 · €92,775+€9,736
Cash
€92
2024 · €5,577-€5,486
Balance sheet total
€113,879
2024 · €134,367-€20,488

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€16,302

    down €16,302 (-12.7%), from €128,740 to €112,438

    of which Trade receivables: -€16,631

  • Cash -€5,486

    down €5,486 (-98.4%), from €5,577 to €92

    mainly Tax, wage and social debts (-€28,719) and Trade debts (-€1,504)

Equity and liabilities
  • Tax, wage and social debts -€28,719

    down €28,719 (-73.1%), from €39,284 to €10,565

  • Reserves +€9,736

    up €9,736 (+11.2%), from €86,577 to €96,313

    of which Distributable reserves: +€9,736

  • Trade debts -€1,504

    down €1,504 (-65.2%), from €2,308 to €804

Income statement
  • Gross operating margin -€50,081

    down €50,081 (-78.8%), from €63,566 to €13,485

  • Taxes -€16,565

    down €16,565 (-78.5%), from €21,107 to €4,542

  • Financial income +€1,300

    new in 2025: €1,300

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €41,904
Gross operating margin -€50,081
Other operating charges +€61
Financial income +€1,300
Financial charges -€13
Taxes +€16,565
Result 2025 €9,736

Cash bridge derived

cash 2024 to 2025

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.

From operations -€5,486
Investment €0
Financing €0
Cash 2024 €5,577
Net result for the year +€9,736
Receivables within one year +€16,302
Deferred charges and accrued income -€1,300
Trade debts -€1,504
Tax, wage and social debts -€28,719
Cash 2025 €92
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €134,367 €113,879 -€20,488 -15.2%
Fixed assets 21/28 €50 €50 = 0.0%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €134,317 €113,829 -€20,488 -15.3%
Amounts receivable within one year 40/41 €128,740 €112,438 -€16,302 -12.7%
Trade receivables 40 €85,044 €68,413 -€16,631 -19.6%
Other amounts receivable 41 €43,695 €44,025 +€329 +0.8%
Cash at bank and in hand 54/58 €5,577 €92 -€5,486 -98.4%
Deferred charges and accrued income 490/1 - €1,300 +€1,300
Total equity and liabilities 10/49 €134,367 €113,879 -€20,488 -15.2%
Equity 10/15 €92,775 €102,510 +€9,736 +10.5%
Contributions 10/11 €6,197 €6,197 = 0.0%
Reserves 13 €86,577 €96,313 +€9,736 +11.2%
Non-distributable reserves 130/1 €1,859 €1,859 = 0.0%
Reserves not available under the articles 1311 €1,859 €1,859 = 0.0%
Distributable reserves 133 €84,718 €94,454 +€9,736 +11.5%
Amounts payable 17/49 €41,593 €11,369 -€30,224 -72.7%
Amounts payable within one year 42/48 €41,593 €11,369 -€30,224 -72.7%
Trade debts 44 €2,308 €804 -€1,504 -65.2%
Suppliers 440/4 €2,308 €804 -€1,504 -65.2%
Taxes, remuneration and social security 45 €39,284 €10,565 -€28,719 -73.1%
Taxes 450/3 €39,284 €10,565 -€28,719 -73.1%
Other operating charges 640/8 €526 €465 -€61 -11.5%
Gross operating margin 9900 €63,566 €13,485 -€50,081 -78.8%
Operating profit (loss) 9901 €63,040 €13,020 -€50,020 -79.3%
Financial income 75/76B - €1,300 +€1,300
Recurring financial income 75 - €1,300 +€1,300
Financial charges 65/66B €29 €42 +€13 +43.6%
Recurring financial charges 65 €29 €42 +€13 +43.6%
Profit (loss) for the period before taxes 9903 €63,011 €14,278 -€48,733 -77.3%
Income taxes 67/77 €21,107 €4,542 -€16,565 -78.5%
Profit (loss) for the period 9904 €41,904 €9,736 -€32,168 -76.8%
Profit (loss) for the period to be appropriated 9905 €41,904 €9,736 -€32,168 -76.8%

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 30 September 2026 via checked.be.