ACEM Logistics: 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.
ACEM Logistics
Largest movements
- Financial fixed assets +€104,800
new in 2025: €104,800
- Receivables within one year +€2,805
up €2,805 (+33.1%), from €8,470 to €11,275
of which Other amounts receivable: +€4,440
- Stocks and contracts +€2,269
new in 2025: €2,269
- Debts after one year +€94,524
new in 2025: €94,524
- Current portion of long-term debt +€15,723
new in 2025: €15,723
- Tax, wage and social debts -€6,248
down €6,248 (-50.5%), from €12,363 to €6,116
- Other debts +€4,563
up €4,563 (+745.5%), from €612 to €5,175
- Other operating charges -€2,340
down €2,340 (-46.5%), from €5,031 to €2,691
- Financial charges +€2,176
up €2,176 (+107.8%), from €2,019 to €4,195
- Gross operating margin -€1,514
down €1,514 (-10.8%), from €14,076 to €12,562
- Depreciation +€1,237
up €1,237 (+48.8%), from €2,538 to €3,776
- Financial income +€505
up €505 (+22441.8%), from €2 to €507
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 | €19,940 | €129,921 | +€109,981 | +551.6% |
| Fixed assets | 21/28 | €10,337 | €114,400 | +€104,062 | +1006.7% |
| Tangible fixed assets | 22/27 | €10,337 | €9,600 | -€738 | -7.1% |
| Furniture and vehicles | 24 | €6,673 | €3,886 | -€2,787 | -41.8% |
| Other tangible fixed assets | 26 | €3,664 | €5,714 | +€2,050 | +55.9% |
| Financial fixed assets | 28 | - | €104,800 | +€104,800 | |
| Current assets | 29/58 | €9,602 | €15,521 | +€5,919 | +61.6% |
| Stocks and contracts in progress | 3 | - | €2,269 | +€2,269 | |
| Stocks | 30/36 | - | €2,269 | +€2,269 | |
| Amounts receivable within one year | 40/41 | €8,470 | €11,275 | +€2,805 | +33.1% |
| Trade receivables | 40 | €8,470 | €6,835 | -€1,635 | -19.3% |
| Other amounts receivable | 41 | - | €4,440 | +€4,440 | |
| Cash at bank and in hand | 54/58 | €566 | €458 | -€107 | -19.0% |
| Deferred charges and accrued income | 490/1 | €566 | €1,519 | +€952 | +168.2% |
| Total equity and liabilities | 10/49 | €19,940 | €129,921 | +€109,981 | +551.6% |
| Equity | 10/15 | €5,021 | €5,839 | +€818 | +16.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,021 | €3,839 | +€818 | +27.1% |
| Amounts payable | 17/49 | €14,919 | €124,082 | +€109,163 | +731.7% |
| Amounts payable after more than one year | 17 | - | €94,524 | +€94,524 | |
| Financial debts | 170/4 | - | €94,524 | +€94,524 | |
| Amounts payable within one year | 42/48 | €14,919 | €29,558 | +€14,639 | +98.1% |
| Current portion of amounts payable after more than one year | 42 | - | €15,723 | +€15,723 | |
| Financial debts | 43 | €165 | €183 | +€18 | +10.8% |
| Credit institutions | 430/8 | €165 | €183 | +€18 | +10.8% |
| Trade debts | 44 | €1,778 | €2,362 | +€584 | +32.8% |
| Suppliers | 440/4 | €1,778 | €2,362 | +€584 | +32.8% |
| Taxes, remuneration and social security | 45 | €12,363 | €6,116 | -€6,248 | -50.5% |
| Taxes | 450/3 | €12,363 | €6,116 | -€6,248 | -50.5% |
| Other amounts payable | 47/48 | €612 | €5,175 | +€4,563 | +745.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,538 | €3,776 | +€1,237 | +48.8% |
| Other operating charges | 640/8 | €5,031 | €2,691 | -€2,340 | -46.5% |
| Gross operating margin | 9900 | €14,076 | €12,562 | -€1,514 | -10.8% |
| Operating profit (loss) | 9901 | €6,508 | €6,096 | -€412 | -6.3% |
| Financial income | 75/76B | €2 | €507 | +€505 | +22441.8% |
| Recurring financial income | 75 | €2 | €507 | +€505 | +22441.8% |
| Financial charges | 65/66B | €2,019 | €4,195 | +€2,176 | +107.8% |
| Recurring financial charges | 65 | €2,019 | €4,195 | +€2,176 | +107.8% |
| Profit (loss) for the period before taxes | 9903 | €4,491 | €2,408 | -€2,083 | -46.4% |
| Income taxes | 67/77 | €1,470 | €1,590 | +€120 | +8.1% |
| Profit (loss) for the period | 9904 | €3,021 | €818 | -€2,203 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,021 | €818 | -€2,203 | -72.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.