ACeLaw: 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.
ACeLaw
Largest movements
- Receivables within one year +€20,331
up €20,331 (+18.3%), from €111,154 to €131,485
of which Other amounts receivable: +€19,651
- Cash -€3,838
down €3,838 (-90.3%), from €4,251 to €413
mainly Receivables within one year (-€20,331) and Contributions, distributions and other (-€12,000)
- Profit (loss) carried forward -€17,323
down €17,323 (-19.0%), from €91,124 to €73,801
- Tax, wage and social debts +€12,807
up €12,807 (+55.9%), from €22,921 to €35,728
- Other debts +€12,000
up €12,000 (+600%), from €2,000 to €14,000
- Reserves +€10,000
new in 2025: €10,000
- Turnover -€101,524
no longer reported in 2025 (was €101,524)
- Purchases and services -€50,013
no longer reported in 2025 (was €50,013)
- Other operating charges +€13,481
up €13,481 (+11,621%), from €116 to €13,597
- Gross operating margin -€8,389
down €8,389 (-16.3%), from €51,511 to €43,122
- Taxes +€5,139
up €5,139 (+26.2%), from €19,621 to €24,760
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.
Derived cash bridge
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 | €117,405 | €133,998 | +€16,593 | +14.1% |
| Current assets | 29/58 | €117,405 | €133,998 | +€16,593 | +14.1% |
| Amounts receivable within one year | 40/41 | €111,154 | €131,485 | +€20,331 | +18.3% |
| Trade receivables | 40 | €2,372 | €3,052 | +€680 | +28.7% |
| Other amounts receivable | 41 | €108,782 | €128,433 | +€19,651 | +18.1% |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,251 | €413 | -€3,838 | -90.3% |
| Deferred charges and accrued income | 490/1 | - | €100 | +€100 | |
| Total equity and liabilities | 10/49 | €117,405 | €133,998 | +€16,593 | +14.1% |
| Equity | 10/15 | €91,125 | €83,802 | -€7,323 | -8.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Contributions outside capital | 11 | €1 | - | -€1 | |
| Other | 1109/19 | €1 | - | -€1 | |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | €91,124 | €73,801 | -€17,323 | -19.0% |
| Amounts payable | 17/49 | €26,280 | €50,196 | +€23,916 | +91.0% |
| Amounts payable within one year | 42/48 | €26,280 | €50,196 | +€23,916 | +91.0% |
| Trade debts | 44 | €1,359 | €468 | -€891 | -65.6% |
| Suppliers | 440/4 | €1,359 | €468 | -€891 | -65.6% |
| Taxes, remuneration and social security | 45 | €22,921 | €35,728 | +€12,807 | +55.9% |
| Taxes | 450/3 | €22,921 | €35,728 | +€12,807 | +55.9% |
| Other amounts payable | 47/48 | €2,000 | €14,000 | +€12,000 | +600% |
| Turnover | 70 | €101,524 | - | -€101,524 | |
| Goods, raw materials, services and sundry goods | 60/61 | €50,013 | - | -€50,013 | |
| Remuneration, social security and pensions | 62 | €2,000 | - | -€2,000 | |
| Other operating charges | 640/8 | €116 | €13,597 | +€13,481 | +11,621% |
| Gross operating margin | 9900 | €51,511 | €43,122 | -€8,389 | -16.3% |
| Operating profit (loss) | 9901 | €49,395 | €29,525 | -€19,870 | -40.2% |
| Financial charges | 65/66B | €194 | €88 | -€106 | -54.7% |
| Recurring financial charges | 65 | €194 | €88 | -€106 | -54.7% |
| Profit (loss) for the period before taxes | 9903 | €49,201 | €29,437 | -€19,764 | -40.2% |
| Income taxes | 67/77 | €19,621 | €24,760 | +€5,139 | +26.2% |
| Profit (loss) for the period | 9904 | €29,580 | €4,677 | -€24,903 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,580 | €4,677 | -€24,903 | -84.2% |
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 20 October 2026 via checked.be.