ACD VET: 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 VET
Largest movements
- Financial fixed assets +€321,250
new in 2025: €321,250
- Receivables within one year -€7,828
down €7,828 (-39.5%), from €19,823 to €11,994
of which Trade receivables: -€4,215
- Deferred charges and accrued income +€6,994
up €6,994 (+1,609%), from €435 to €7,429
- Tangible fixed assets +€5,661
up €5,661 (+29.2%), from €19,398 to €25,060
of which Plant, machinery and equipment: +€7,836
- Debts after one year +€337,369
up €337,369 (+2,606%), from €12,946 to €350,315
of which Other amounts payable: +€342,207
- Profit (loss) carried forward -€12,245
down €12,245 (-91.0%), from €13,461 to €1,217
- Other debts -€9,056
down €9,056 (-50.2%), from €18,056 to €9,000
- Tax, wage and social debts +€8,623
up €8,623 (+154%), from €5,602 to €14,225
- Gross operating margin +€36,638
up €36,638 (+150%), from €24,379 to €61,017
- Taxes +€8,974
up €8,974 (+167%), from €5,386 to €14,360
- Other operating charges -€887
down €887 (-34.0%), from €2,609 to €1,722
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 | €58,271 | €383,487 | +€325,216 | +558% |
| Fixed assets | 21/28 | €19,398 | €346,310 | +€326,911 | +1,685% |
| Tangible fixed assets | 22/27 | €19,398 | €25,060 | +€5,661 | +29.2% |
| Plant, machinery and equipment | 23 | - | €7,836 | +€7,836 | |
| Furniture and vehicles | 24 | €0 | €3,238 | +€3,238 | |
| Leasing and similar rights | 25 | €19,398 | €13,985 | -€5,413 | -27.9% |
| Financial fixed assets | 28 | - | €321,250 | +€321,250 | |
| Current assets | 29/58 | €38,873 | €37,177 | -€1,696 | -4.4% |
| Amounts receivable within one year | 40/41 | €19,823 | €11,994 | -€7,828 | -39.5% |
| Trade receivables | 40 | €16,209 | €11,994 | -€4,215 | -26.0% |
| Other amounts receivable | 41 | €3,614 | €0 | -€3,614 | -100% |
| Cash at bank and in hand | 54/58 | €18,616 | €17,754 | -€861 | -4.6% |
| Deferred charges and accrued income | 490/1 | €435 | €7,429 | +€6,994 | +1,609% |
| Total equity and liabilities | 10/49 | €58,271 | €383,487 | +€325,216 | +558% |
| Equity | 10/15 | €14,961 | €2,717 | -€12,245 | -81.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,461 | €1,217 | -€12,245 | -91.0% |
| Amounts payable | 17/49 | €43,310 | €380,770 | +€337,460 | +779% |
| Amounts payable after more than one year | 17 | €12,946 | €350,315 | +€337,369 | +2,606% |
| Financial debts | 170/4 | €12,946 | €8,108 | -€4,838 | -37.4% |
| Other amounts payable | 178/9 | - | €342,207 | +€342,207 | |
| Amounts payable within one year | 42/48 | €29,976 | €30,455 | +€478 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €4,630 | €4,838 | +€209 | +4.5% |
| Trade debts | 44 | €1,688 | €2,391 | +€703 | +41.6% |
| Suppliers | 440/4 | €1,688 | €2,391 | +€703 | +41.6% |
| Taxes, remuneration and social security | 45 | €5,602 | €14,225 | +€8,623 | +154% |
| Taxes | 450/3 | €5,602 | €14,225 | +€8,623 | +154% |
| Other amounts payable | 47/48 | €18,056 | €9,000 | -€9,056 | -50.2% |
| Accrued charges and deferred income | 492/3 | €387 | €0 | -€387 | -100% |
| Turnover | 70 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,413 | €5,591 | +€177 | +3.3% |
| Other operating charges | 640/8 | €2,609 | €1,722 | -€887 | -34.0% |
| Gross operating margin | 9900 | €24,379 | €61,017 | +€36,638 | +150% |
| Operating profit (loss) | 9901 | €16,357 | €53,704 | +€37,348 | +228% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,379 | €1,128 | -€251 | -18.2% |
| Recurring financial charges | 65 | €1,379 | €1,128 | -€251 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €14,978 | €52,577 | +€37,599 | +251% |
| Income taxes | 67/77 | €5,386 | €14,360 | +€8,974 | +167% |
| Profit (loss) for the period | 9904 | €9,591 | €38,217 | +€28,625 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €9,591 | €38,217 | +€28,625 | +298% |
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 28 October 2026 via checked.be.