Acelek: 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.
Acelek
Largest movements
- Cash -€15,744
down €15,744 (-39.8%), from €39,554 to €23,810
mainly Net result for the year (-€16,665) and Trade debts (-€878)
- Receivables within one year -€2,815
down €2,815 (-4.3%), from €65,417 to €62,602
of which Trade receivables: -€3,201
- Profit (loss) carried forward -€16,665
down €16,665 (-18.4%), from -€90,614 to -€107,279
- Gross operating margin -€11,675
down €11,675 (-297.7%), from -€3,922 to -€15,597
- Depreciation -€331
down €331 (-46.4%), from €713 to €382
- Other operating charges +€209
up €209 (+52.5%), from €398 to €606
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 | €124,836 | €106,653 | -€18,183 | -14.6% |
| Fixed assets | 21/28 | €2,129 | €2,186 | +€57 | +2.7% |
| Tangible fixed assets | 22/27 | €488 | €545 | +€57 | +11.7% |
| Plant, machinery and equipment | 23 | €488 | €545 | +€57 | +11.7% |
| Financial fixed assets | 28 | €1,641 | €1,641 | = | 0.0% |
| Current assets | 29/58 | €122,707 | €104,467 | -€18,240 | -14.9% |
| Stocks and contracts in progress | 3 | €16,795 | €16,986 | +€191 | +1.1% |
| Stocks | 30/36 | €16,795 | €16,986 | +€191 | +1.1% |
| Amounts receivable within one year | 40/41 | €65,417 | €62,602 | -€2,815 | -4.3% |
| Trade receivables | 40 | €64,364 | €61,163 | -€3,201 | -5.0% |
| Other amounts receivable | 41 | €1,052 | €1,439 | +€386 | +36.7% |
| Cash at bank and in hand | 54/58 | €39,554 | €23,810 | -€15,744 | -39.8% |
| Deferred charges and accrued income | 490/1 | €942 | €1,070 | +€128 | +13.6% |
| Total equity and liabilities | 10/49 | €124,836 | €106,653 | -€18,183 | -14.6% |
| Equity | 10/15 | €88,709 | €72,044 | -€16,665 | -18.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €160,731 | €160,731 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €158,872 | €158,872 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,614 | -€107,279 | -€16,665 | -18.4% |
| Amounts payable | 17/49 | €36,127 | €34,609 | -€1,518 | -4.2% |
| Amounts payable within one year | 42/48 | €36,127 | €34,609 | -€1,518 | -4.2% |
| Trade debts | 44 | €3,988 | €3,110 | -€878 | -22.0% |
| Suppliers | 440/4 | €3,988 | €3,110 | -€878 | -22.0% |
| Other amounts payable | 47/48 | €32,139 | €31,499 | -€641 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713 | €382 | -€331 | -46.4% |
| Other operating charges | 640/8 | €398 | €606 | +€209 | +52.5% |
| Gross operating margin | 9900 | -€3,922 | -€15,597 | -€11,675 | -297.7% |
| Operating profit (loss) | 9901 | -€5,033 | -€16,586 | -€11,553 | -229.5% |
| Financial income | 75/76B | €61 | €97 | +€36 | +59.7% |
| Recurring financial income | 75 | €61 | €97 | +€36 | +59.7% |
| Financial charges | 65/66B | €193 | €176 | -€17 | -8.7% |
| Recurring financial charges | 65 | €193 | €176 | -€17 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,165 | -€16,665 | -€11,500 | -222.6% |
| Profit (loss) for the period | 9904 | -€5,165 | -€16,665 | -€11,500 | -222.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,165 | -€16,665 | -€11,500 | -222.6% |
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 6 October 2026 via checked.be.