aCDI: 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.
aCDI
Largest movements
- Current investments -€23,281
down €23,281 (-9.4%), from €248,852 to €225,571
- Receivables within one year -€9,964
down €9,964 (-34.8%), from €28,666 to €18,702
of which Other amounts receivable: -€9,964
- Tangible fixed assets -€9,424
down €9,424 (-7.6%), from €123,822 to €114,398
of which Land and buildings: -€9,647
- Reserves -€89,015
down €89,015 (-25.8%), from €344,495 to €255,480
of which Distributable reserves: -€89,015
- Other debts +€43,002
new in 2025: €43,002
- Trade debts +€15,956
up €15,956 (+3652.3%), from €437 to €16,393
- Debts after one year -€15,213
down €15,213 (-45.7%), from €33,287 to €18,074
- Gross operating margin +€49,629
up €49,629 (+92.3%), from €53,779 to €103,408
- Financial charges +€32,174
up €32,174 (+1295.9%), from €2,483 to €34,657
- Taxes +€11,417
up €11,417 (+58.1%), from €19,664 to €31,081
- Financial income -€10,326
down €10,326 (-47.7%), from €21,646 to €11,320
- Other operating charges -€7,166
down €7,166 (-79.0%), from €9,073 to €1,908
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 | €426,221 | €381,737 | -€44,484 | -10.4% |
| Fixed assets | 21/28 | €123,822 | €114,398 | -€9,424 | -7.6% |
| Tangible fixed assets | 22/27 | €123,822 | €114,398 | -€9,424 | -7.6% |
| Land and buildings | 22 | €122,851 | €113,204 | -€9,647 | -7.9% |
| Plant, machinery and equipment | 23 | - | €887 | +€887 | |
| Furniture and vehicles | 24 | €972 | €308 | -€664 | -68.3% |
| Current assets | 29/58 | €302,398 | €267,339 | -€35,060 | -11.6% |
| Amounts receivable within one year | 40/41 | €28,666 | €18,702 | -€9,964 | -34.8% |
| Trade receivables | 40 | €11,410 | €11,410 | = | 0.0% |
| Other amounts receivable | 41 | €17,256 | €7,292 | -€9,964 | -57.7% |
| Current investments | 50/53 | €248,852 | €225,571 | -€23,281 | -9.4% |
| Cash at bank and in hand | 54/58 | €24,881 | €23,065 | -€1,815 | -7.3% |
| Total equity and liabilities | 10/49 | €426,221 | €381,737 | -€44,484 | -10.4% |
| Equity | 10/15 | €350,693 | €261,677 | -€89,015 | -25.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €344,495 | €255,480 | -€89,015 | -25.8% |
| Tax-exempt reserves | 132 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €343,995 | €254,980 | -€89,015 | -25.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €75,528 | €120,060 | +€44,532 | +59.0% |
| Amounts payable after more than one year | 17 | €33,287 | €18,074 | -€15,213 | -45.7% |
| Financial debts | 170/4 | €33,287 | €18,074 | -€15,213 | -45.7% |
| Amounts payable within one year | 42/48 | €42,116 | €101,985 | +€59,870 | +142.2% |
| Current portion of amounts payable after more than one year | 42 | €14,959 | €15,213 | +€254 | +1.7% |
| Trade debts | 44 | €437 | €16,393 | +€15,956 | +3652.3% |
| Suppliers | 440/4 | €437 | €16,393 | +€15,956 | +3652.3% |
| Taxes, remuneration and social security | 45 | €26,720 | €27,378 | +€658 | +2.5% |
| Taxes | 450/3 | €26,720 | €27,378 | +€658 | +2.5% |
| Other amounts payable | 47/48 | - | €43,002 | +€43,002 | |
| Accrued charges and deferred income | 492/3 | €125 | €0 | -€125 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,311 | €10,423 | +€112 | +1.1% |
| Other operating charges | 640/8 | €9,073 | €1,908 | -€7,166 | -79.0% |
| Gross operating margin | 9900 | €53,779 | €103,408 | +€49,629 | +92.3% |
| Operating profit (loss) | 9901 | €34,395 | €91,077 | +€56,683 | +164.8% |
| Financial income | 75/76B | €21,646 | €11,320 | -€10,326 | -47.7% |
| Recurring financial income | 75 | €21,646 | €11,320 | -€10,326 | -47.7% |
| Financial charges | 65/66B | €2,483 | €34,657 | +€32,174 | +1295.9% |
| Recurring financial charges | 65 | €2,483 | €34,657 | +€32,174 | +1295.9% |
| Profit (loss) for the period before taxes | 9903 | €53,558 | €67,741 | +€14,182 | +26.5% |
| Income taxes | 67/77 | €19,664 | €31,081 | +€11,417 | +58.1% |
| Profit (loss) for the period | 9904 | €33,894 | €36,660 | +€2,765 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,894 | €36,660 | +€2,765 | +8.2% |
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 6 October 2026 via checked.be.