ACEA: 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.
ACEA
Largest movements
- Cash -€9,627
no longer reported in 2025 (was €9,627)
mainly Net result for the year (-€10,038) and Receivables within one year (-€3,651)
- Receivables within one year +€3,651
up €3,651 (+804.7%), from €454 to €4,105
of which Trade receivables: +€2,220
- Current investments +€3,594
new in 2025: €3,594
- Tangible fixed assets -€1,038
down €1,038 (-32.5%), from €3,197 to €2,159
- Profit (loss) carried forward -€10,038
down €10,038 (-1367.9%), from -€734 to -€10,772
- Trade debts +€6,359
up €6,359 (+669.3%), from €950 to €7,310
- Other debts +€1,713
up €1,713 (+20.1%), from €8,506 to €10,219
- Tax, wage and social debts -€1,454
down €1,454 (-93.5%), from €1,555 to €101
- Gross operating margin -€4,383
down €4,383, from €309 to -€4,074
- Taxes +€2,152
new in 2025: €2,152
- Other operating charges +€367
up €367 (+28.3%), from €1,295 to €1,662
- Financial charges +€236
up €236 (+22.7%), from €1,040 to €1,275
- Financial income +€161
up €161 (+24403.0%), from €1 to €162
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 | €13,277 | €9,858 | -€3,419 | -25.8% |
| Fixed assets | 21/28 | €3,197 | €2,159 | -€1,038 | -32.5% |
| Tangible fixed assets | 22/27 | €3,197 | €2,159 | -€1,038 | -32.5% |
| Furniture and vehicles | 24 | €3,197 | €2,159 | -€1,038 | -32.5% |
| Current assets | 29/58 | €10,080 | €7,699 | -€2,382 | -23.6% |
| Amounts receivable within one year | 40/41 | €454 | €4,105 | +€3,651 | +804.7% |
| Trade receivables | 40 | €454 | €2,674 | +€2,220 | +489.3% |
| Other amounts receivable | 41 | - | €1,431 | +€1,431 | |
| Current investments | 50/53 | - | €3,594 | +€3,594 | |
| Cash at bank and in hand | 54/58 | €9,627 | - | -€9,627 | |
| Total equity and liabilities | 10/49 | €13,277 | €9,858 | -€3,419 | -25.8% |
| Equity | 10/15 | €2,266 | -€7,772 | -€10,038 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€734 | -€10,772 | -€10,038 | -1367.9% |
| Amounts payable | 17/49 | €11,011 | €17,630 | +€6,619 | +60.1% |
| Amounts payable within one year | 42/48 | €11,011 | €17,630 | +€6,619 | +60.1% |
| Trade debts | 44 | €950 | €7,310 | +€6,359 | +669.3% |
| Suppliers | 440/4 | €950 | €7,310 | +€6,359 | +669.3% |
| Taxes, remuneration and social security | 45 | €1,555 | €101 | -€1,454 | -93.5% |
| Taxes | 450/3 | €1,555 | €101 | -€1,454 | -93.5% |
| Other amounts payable | 47/48 | €8,506 | €10,219 | +€1,713 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,038 | €1,038 | = | 0.0% |
| Other operating charges | 640/8 | €1,295 | €1,662 | +€367 | +28.3% |
| Gross operating margin | 9900 | €309 | -€4,074 | -€4,383 | |
| Operating profit (loss) | 9901 | -€2,023 | -€6,773 | -€4,749 | -234.7% |
| Financial income | 75/76B | €1 | €162 | +€161 | +24403.0% |
| Recurring financial income | 75 | €1 | €162 | +€161 | +24403.0% |
| Financial charges | 65/66B | €1,040 | €1,275 | +€236 | +22.7% |
| Recurring financial charges | 65 | €1,040 | €1,275 | +€236 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,062 | -€7,887 | -€4,824 | -157.5% |
| Income taxes | 67/77 | - | €2,152 | +€2,152 | |
| Profit (loss) for the period | 9904 | -€3,062 | -€10,038 | -€6,976 | -227.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,062 | -€10,038 | -€6,976 | -227.8% |
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 1 October 2026 via checked.be.