ACEBA: 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.
ACEBA
Largest movements
- Tangible fixed assets -€591
down €591 (-12.0%), from €4,907 to €4,316
- Cash -€493
down €493 (-33.7%), from €1,465 to €971
mainly Net result for the year (-€1,085)
- Profit (loss) carried forward -€1,085
down €1,085 (-7.5%), from -€14,492 to -€15,577
- Other operating charges +€806
up €806 (+184.4%), from €437 to €1,243
- Depreciation -€586
down €586 (-49.8%), from €1,177 to €591
- Gross operating margin +€95
up €95 (+12.8%), from €745 to €840
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 | €6,372 | €5,287 | -€1,085 | -17.0% |
| Fixed assets | 21/28 | €4,907 | €4,316 | -€591 | -12.0% |
| Tangible fixed assets | 22/27 | €4,907 | €4,316 | -€591 | -12.0% |
| Land and buildings | 22 | €4,907 | €4,316 | -€591 | -12.0% |
| Current assets | 29/58 | €1,465 | €971 | -€493 | -33.7% |
| Cash at bank and in hand | 54/58 | €1,465 | €971 | -€493 | -33.7% |
| Total equity and liabilities | 10/49 | €6,372 | €5,287 | -€1,085 | -17.0% |
| Equity | 10/15 | -€8,173 | -€9,258 | -€1,085 | -13.3% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Capital | 10 | €6,205 | €6,205 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €114 | €114 | = | 0.0% |
| Non-distributable reserves | 130/1 | €114 | €114 | = | 0.0% |
| Legal reserve | 130 | €114 | €114 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,492 | -€15,577 | -€1,085 | -7.5% |
| Amounts payable | 17/49 | €14,545 | €14,545 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,435 | €14,435 | = | 0.0% |
| Other amounts payable | 47/48 | €14,435 | €14,435 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €110 | €110 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,177 | €591 | -€586 | -49.8% |
| Other operating charges | 640/8 | €437 | €1,243 | +€806 | +184.4% |
| Gross operating margin | 9900 | €745 | €840 | +€95 | +12.8% |
| Operating profit (loss) | 9901 | -€869 | -€995 | -€125 | -14.4% |
| Financial charges | 65/66B | €92 | €90 | -€2 | -1.6% |
| Recurring financial charges | 65 | €92 | €90 | -€2 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | -€961 | -€1,085 | -€124 | -12.9% |
| Profit (loss) for the period | 9904 | -€961 | -€1,085 | -€124 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€961 | -€1,085 | -€124 | -12.9% |
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 29 September 2026 via checked.be.