ACEG: 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.
What changed
ACEG
NACE 71.209, Other technical testing and analysis
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4.4m
2023 · €3.0m-€7.4m
Equity
€1.8m
2023 · €6.2m-€4.4m
Cash
€64,081
2023 · €488,351-€424,269
Balance sheet total
€22.1m
2023 · €13.7m+€8.4m
Largest movements
Assets
- Receivables within one year +€8.4m
up €8.4m (+69.5%), from €12.0m to €20.4m
of which Other amounts receivable: +€9.6m
- Cash -€424,269
down €424,269 (-86.9%), from €488,351 to €64,081
mainly Receivables within one year (-€8.4m) and Net result for the year (-€4.4m)
- Deferred charges and accrued income +€370,160
up €370,160 (+172.4%), from €214,753 to €584,913
Equity and liabilities
- Trade debts +€11.2m
up €11.2m (+1222.8%), from €917,455 to €12.1m
- Profit (loss) carried forward -€4.4m
down €4.4m, from €4,905 to -€4.4m
- Short-term financial debts +€672,259
up €672,259 (+32.4%), from €2.1m to €2.7m
of which Credit institutions: +€672,259
- Other debts +€529,673
up €529,673 (+13.0%), from €4.1m to €4.6m
- Advances received +€328,384
up €328,384, from €0 to €328,384
Income statement
- Goods and materials +€3.4m
up €3.4m (+13.6%), from €25.1m to €28.5m
- Turnover -€2.7m
down €2.7m (-7.0%), from €38.6m to €36.0m
- Services and other goods +€2.6m
up €2.6m (+31.8%), from €8.1m to €10.7m
- Taxes -€1.1m
down €1.1m, from €1.1m to -€12,389
of which Taxes: -€1.1m
From the 2023 result to the 2024 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.
Result 2023
€3.0m
Turnover
-€2.7m
Other operating income
-€31,285
Goods and materials
-€3.4m
Services and other goods
-€2.6m
Staff costs
+€125,117
Depreciation
-€24,206
Write-downs
-€141,512
Other operating charges
+€22,472
Other operating items
+€42,599
Financial income
+€174,980
Financial charges
-€14,351
Taxes
+€1.1m
Result 2024
-€4.4m
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€1.0m
Investment
-€221,218
Financing
+€845,084
Cash 2023
€488,351
From operations (derived)
-€1.0m
Net result for the year
-€4.4m
Depreciation
+€115,786
Receivables within one year
-€8.4m
Deferred charges and accrued income
-€370,160
Trade debts
+€11.2m
Tax, wage and social debts
-€322
Advances received
+€328,384
Other debts
+€529,673
Accrued charges and deferred income
-€120,105
Investment (derived)
-€221,218
Investment in fixed assets (net)
-€221,218
Financing
+€845,084
Debts after one year
+€135,116
Current portion of long-term debt
+€37,708
Short-term financial debts
+€672,259
Cash 2024
€64,081
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,729,884 | €22,147,161 | +€8.4m | +61.3% |
| Fixed assets | 21/28 | €984,313 | €1,089,745 | +€105,432 | +10.7% |
| Intangible fixed assets | 21 | €112,128 | €93,078 | -€19,051 | -17.0% |
| Tangible fixed assets | 22/27 | €869,685 | €996,668 | +€126,983 | +14.6% |
| Land and buildings | 22 | €840,337 | €927,171 | +€86,834 | +10.3% |
| Plant, machinery and equipment | 23 | €2,316 | €1,784 | -€532 | -23.0% |
| Furniture and vehicles | 24 | €27,032 | €67,713 | +€40,681 | +150.5% |
| Financial fixed assets | 28 | €2,500 | €0 | -€2,500 | -100.0% |
| Affiliated companies | 280/1 | €2,500 | €0 | -€2,500 | -100.0% |
| Participating interests | 280 | €2,500 | €0 | -€2,500 | -100.0% |
| Current assets | 29/58 | €12,745,571 | €21,057,416 | +€8.3m | +65.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €12,042,467 | €20,408,421 | +€8.4m | +69.5% |
| Trade receivables | 40 | €6,808,910 | €5,596,857 | -€1.2m | -17.8% |
| Other amounts receivable | 41 | €5,233,557 | €14,811,565 | +€9.6m | +183.0% |
| Cash at bank and in hand | 54/58 | €488,351 | €64,081 | -€424,269 | -86.9% |
| Deferred charges and accrued income | 490/1 | €214,753 | €584,913 | +€370,160 | +172.4% |
| Total equity and liabilities | 10/49 | €13,729,884 | €22,147,161 | +€8.4m | +61.3% |
| Equity | 10/15 | €6,162,965 | €1,779,026 | -€4.4m | -71.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,151,860 | €6,151,860 | = | 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% |
| Tax-exempt reserves | 132 | €1,000,000 | €1,000,000 | = | 0.0% |
| Distributable reserves | 133 | €5,150,000 | €5,150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,905 | -€4,379,034 | -€4.4m | |
| Amounts payable | 17/49 | €7,566,919 | €20,368,135 | +€12.8m | +169.2% |
| Amounts payable after more than one year | 17 | - | €135,116 | +€135,116 | |
| Financial debts | 170/4 | - | €135,116 | +€135,116 | |
| Credit institutions | 173 | - | €135,116 | +€135,116 | |
| Amounts payable within one year | 42/48 | €7,358,576 | €20,144,782 | +€12.8m | +173.8% |
| Current portion of amounts payable after more than one year | 42 | - | €37,708 | +€37,708 | |
| Financial debts | 43 | €2,072,802 | €2,745,061 | +€672,259 | +32.4% |
| Credit institutions | 430/8 | €2,072,802 | €2,745,061 | +€672,259 | +32.4% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €917,455 | €12,135,958 | +€11.2m | +1222.8% |
| Suppliers | 440/4 | €917,455 | €12,135,958 | +€11.2m | +1222.8% |
| Advances received on contracts in progress | 46 | €0 | €328,384 | +€328,384 | |
| Taxes, remuneration and social security | 45 | €303,254 | €302,932 | -€322 | -0.1% |
| Taxes | 450/3 | €223,265 | €208,762 | -€14,503 | -6.5% |
| Remuneration and social security | 454/9 | €79,989 | €94,170 | +€14,181 | +17.7% |
| Other amounts payable | 47/48 | €4,065,066 | €4,594,739 | +€529,673 | +13.0% |
| Accrued charges and deferred income | 492/3 | €208,343 | €88,238 | -€120,105 | -57.6% |
| Operating income | 70/76A | €38,757,509 | €36,099,958 | -€2.7m | -6.9% |
| Turnover | 70 | €38,646,918 | €35,953,654 | -€2.7m | -7.0% |
| Other operating income | 74 | €110,590 | €79,305 | -€31,285 | -28.3% |
| Non-recurring operating income | 76A | - | €67,000 | +€67,000 | |
| Operating charges | 60/66A | €34,555,927 | €40,575,287 | +€6.0m | +17.4% |
| Goods for resale, raw materials and consumables | 60 | €25,117,324 | €28,523,239 | +€3.4m | +13.6% |
| Purchases | 600/8 | €25,117,324 | €28,523,239 | +€3.4m | +13.6% |
| Services and other goods | 61 | €8,087,878 | €10,658,793 | +€2.6m | +31.8% |
| Remuneration, social security and pensions | 62 | €1,024,289 | €899,171 | -€125,117 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,580 | €115,786 | +€24,206 | +26.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €187,672 | €329,184 | +€141,512 | +75.4% |
| Other operating charges | 640/8 | €36,517 | €14,045 | -€22,472 | -61.5% |
| Non-recurring operating charges | 66A | €10,667 | €35,068 | +€24,401 | +228.8% |
| Operating profit (loss) | 9901 | €4,201,581 | -€4,475,328 | -€8.7m | |
| Financial income | 75/76B | €212,931 | €387,911 | +€174,980 | +82.2% |
| Recurring financial income | 75 | €212,931 | €387,911 | +€174,980 | +82.2% |
| Income from current assets | 751 | €179,958 | €377,096 | +€197,138 | +109.5% |
| Other financial income | 752/9 | €32,973 | €10,815 | -€22,158 | -67.2% |
| Financial charges | 65/66B | €294,560 | €308,911 | +€14,351 | +4.9% |
| Recurring financial charges | 65 | €294,560 | €306,412 | +€11,852 | +4.0% |
| Debt charges | 650 | €239,357 | €271,115 | +€31,758 | +13.3% |
| Other financial charges | 652/9 | €55,202 | €35,297 | -€19,906 | -36.1% |
| Non-recurring financial charges | 66B | - | €2,499 | +€2,499 | |
| Profit (loss) for the period before taxes | 9903 | €4,119,952 | -€4,396,328 | -€8.5m | |
| Income taxes | 67/77 | €1,111,789 | -€12,389 | -€1.1m | |
| Taxes | 670/3 | €1,111,789 | €11,388 | -€1.1m | -99.0% |
| Tax adjustments and reversals of tax provisions | 77 | - | €23,776 | +€23,776 | |
| Profit (loss) for the period | 9904 | €3,008,163 | -€4,383,939 | -€7.4m | |
| Transfer to tax-exempt reserves | 689 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,008,163 | -€4,383,939 | -€6.4m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.