ACDlec: 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.
ACDlec
Largest movements
- Tangible fixed assets +€19,001
up €19,001 (+7.6%), from €251,075 to €270,077
of which Furniture and vehicles: +€27,085
- Stocks and contracts -€11,887
down €11,887 (-28.3%), from €41,979 to €30,092
- Receivables within one year -€8,458
down €8,458 (-28.3%), from €29,879 to €21,421
of which Trade receivables: -€18,997
- Trade debts -€13,639
down €13,639 (-50.9%), from €26,821 to €13,182
- Advances received -€12,500
no longer reported in 2025 (was €12,500)
- Profit (loss) carried forward +€11,359
up €11,359 (+86.8%), from €13,082 to €24,441
- Debts after one year +€9,496
up €9,496 (+4.0%), from €237,915 to €247,411
of which Financial debts: +€9,496
- Other debts -€4,558
no longer reported in 2025 (was €4,558)
- Staff costs -€8,648
down €8,648 (-75.4%), from €11,468 to €2,820
- Gross operating margin +€5,114
up €5,114 (+12.5%), from €40,845 to €45,958
- Taxes -€2,292
no longer reported in 2025 (was €2,292)
- Depreciation +€1,764
up €1,764 (+12.5%), from €14,124 to €15,887
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 | €332,884 | €330,707 | -€2,176 | -0.7% |
| Fixed assets | 21/28 | €251,075 | €270,077 | +€19,001 | +7.6% |
| Tangible fixed assets | 22/27 | €251,075 | €270,077 | +€19,001 | +7.6% |
| Land and buildings | 22 | €250,833 | €237,249 | -€13,584 | -5.4% |
| Plant, machinery and equipment | 23 | €242 | €5,743 | +€5,501 | +2269.3% |
| Furniture and vehicles | 24 | - | €27,085 | +€27,085 | |
| Current assets | 29/58 | €81,808 | €60,631 | -€21,178 | -25.9% |
| Stocks and contracts in progress | 3 | €41,979 | €30,092 | -€11,887 | -28.3% |
| Stocks | 30/36 | €41,979 | €30,092 | -€11,887 | -28.3% |
| Amounts receivable within one year | 40/41 | €29,879 | €21,421 | -€8,458 | -28.3% |
| Trade receivables | 40 | €23,583 | €4,585 | -€18,997 | -80.6% |
| Other amounts receivable | 41 | €6,297 | €16,836 | +€10,539 | +167.4% |
| Cash at bank and in hand | 54/58 | €2,057 | €1,564 | -€494 | -24.0% |
| Deferred charges and accrued income | 490/1 | €7,893 | €7,555 | -€339 | -4.3% |
| Total equity and liabilities | 10/49 | €332,884 | €330,707 | -€2,176 | -0.7% |
| Equity | 10/15 | €33,542 | €44,901 | +€11,359 | +33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,082 | €24,441 | +€11,359 | +86.8% |
| Amounts payable | 17/49 | €299,342 | €285,807 | -€13,535 | -4.5% |
| Amounts payable after more than one year | 17 | €237,915 | €247,411 | +€9,496 | +4.0% |
| Financial debts | 170/4 | €205,415 | €214,911 | +€9,496 | +4.6% |
| Other amounts payable | 178/9 | €32,500 | €32,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €61,427 | €38,395 | -€23,031 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €13,655 | €17,509 | +€3,853 | +28.2% |
| Trade debts | 44 | €26,821 | €13,182 | -€13,639 | -50.9% |
| Suppliers | 440/4 | €26,821 | €13,182 | -€13,639 | -50.9% |
| Advances received on contracts in progress | 46 | €12,500 | - | -€12,500 | |
| Taxes, remuneration and social security | 45 | €3,893 | €7,705 | +€3,812 | +97.9% |
| Taxes | 450/3 | €2,292 | €6,781 | +€4,489 | +195.9% |
| Remuneration and social security | 454/9 | €1,601 | €924 | -€677 | -42.3% |
| Other amounts payable | 47/48 | €4,558 | - | -€4,558 | |
| Remuneration, social security and pensions | 62 | €11,468 | €2,820 | -€8,648 | -75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,124 | €15,887 | +€1,764 | +12.5% |
| Other operating charges | 640/8 | €3,105 | €3,278 | +€173 | +5.6% |
| Gross operating margin | 9900 | €40,845 | €45,958 | +€5,114 | +12.5% |
| Operating profit (loss) | 9901 | €12,148 | €23,974 | +€11,826 | +97.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €7,966 | €8,171 | +€205 | +2.6% |
| Recurring financial charges | 65 | €7,966 | €8,171 | +€205 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €4,182 | €15,803 | +€11,621 | +277.9% |
| Transfer to deferred taxes | 680 | - | €4,444 | +€4,444 | |
| Income taxes | 67/77 | €2,292 | - | -€2,292 | |
| Profit (loss) for the period | 9904 | €1,890 | €11,359 | +€9,469 | +501.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,890 | €11,359 | +€9,469 | +501.0% |
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 9 October 2026 via checked.be.