ACDUMONT: 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.
ACDUMONT
Largest movements
- Current investments +€4.3m
new in 2025: €4.3m
- Financial fixed assets -€3.1m
no longer reported in 2025 (was €3.1m)
- Cash -€242,656
down €242,656 (-97.3%), from €249,272 to €6,616
mainly Current investments (-€4.3m) and Receivables within one year (-€59,483)
- Receivables within one year +€59,483
up €59,483 (+14.9%), from €398,333 to €457,816
- Reserves +€690,235
up €690,235 (+27.5%), from €2.5m to €3.2m
of which Distributable reserves: +€690,235
- Tax, wage and social debts +€341,476
new in 2025: €341,476
- Financial income +€1.1m
up €1.1m (+5317.7%), from €19,869 to €1.1m
- Taxes +€345,385
new in 2025: €345,385
- Financial charges +€8,892
up €8,892 (+2686.4%), from €331 to €9,223
- Gross operating margin -€6,669
down €6,669 (-33.8%), from -€19,754 to -€26,423
- Other operating charges -€1,697
down €1,697 (-24.7%), from €6,866 to €5,169
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 | €3,761,412 | €4,793,135 | +€1.0m | +27.4% |
| Fixed assets | 21/28 | €3,113,807 | - | -€3.1m | |
| Financial fixed assets | 28 | €3,113,807 | - | -€3.1m | |
| Current assets | 29/58 | €647,605 | €4,793,135 | +€4.1m | +640.1% |
| Amounts receivable within one year | 40/41 | €398,333 | €457,816 | +€59,483 | +14.9% |
| Other amounts receivable | 41 | €398,333 | €457,816 | +€59,483 | +14.9% |
| Current investments | 50/53 | - | €4,313,703 | +€4.3m | |
| Cash at bank and in hand | 54/58 | €249,272 | €6,616 | -€242,656 | -97.3% |
| Deferred charges and accrued income | 490/1 | - | €15,000 | +€15,000 | |
| Total equity and liabilities | 10/49 | €3,761,412 | €4,793,135 | +€1.0m | +27.4% |
| Equity | 10/15 | €3,755,889 | €4,446,124 | +€690,235 | +18.4% |
| Contributions | 10/11 | €1,250,230 | €1,250,230 | = | 0.0% |
| Capital | 10 | €1,250,230 | €1,250,230 | = | 0.0% |
| Issued capital | 100 | €1,250,230 | €1,250,230 | = | 0.0% |
| Reserves | 13 | €2,512,741 | €3,202,976 | +€690,235 | +27.5% |
| Non-distributable reserves | 130/1 | €125,023 | €125,023 | = | 0.0% |
| Legal reserve | 130 | €125,023 | €125,023 | = | 0.0% |
| Distributable reserves | 133 | €2,387,718 | €3,077,953 | +€690,235 | +28.9% |
| Profit (loss) carried forward | 14 | -€7,082 | -€7,082 | = | 0.0% |
| Amounts payable | 17/49 | €5,523 | €347,011 | +€341,488 | +6183.0% |
| Amounts payable within one year | 42/48 | €5,523 | €347,011 | +€341,488 | +6183.0% |
| Trade debts | 44 | €400 | €412 | +€12 | +3.0% |
| Suppliers | 440/4 | €400 | €412 | +€12 | +3.0% |
| Taxes, remuneration and social security | 45 | - | €341,476 | +€341,476 | |
| Taxes | 450/3 | - | €341,476 | +€341,476 | |
| Other amounts payable | 47/48 | €5,123 | €5,123 | = | 0.0% |
| Other operating charges | 640/8 | €6,866 | €5,169 | -€1,697 | -24.7% |
| Gross operating margin | 9900 | -€19,754 | -€26,423 | -€6,669 | -33.8% |
| Operating profit (loss) | 9901 | -€26,620 | -€31,592 | -€4,972 | -18.7% |
| Financial income | 75/76B | €19,869 | €1,076,435 | +€1.1m | +5317.7% |
| Recurring financial income | 75 | €19,869 | €1,076,435 | +€1.1m | +5317.7% |
| Financial charges | 65/66B | €331 | €9,223 | +€8,892 | +2686.4% |
| Recurring financial charges | 65 | €331 | €9,223 | +€8,892 | +2686.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,082 | €1,035,620 | +€1.0m | |
| Income taxes | 67/77 | - | €345,385 | +€345,385 | |
| Profit (loss) for the period | 9904 | -€7,082 | €690,235 | +€697,317 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,082 | €690,235 | +€697,317 |
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 10 October 2026 via checked.be.