ACER: 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.
ACER
Largest movements
- Tangible fixed assets -€21,607
down €21,607 (-5.1%), from €421,083 to €399,476
- Cash +€10,854
up €10,854 (+11.1%), from €97,377 to €108,231
mainly Depreciation (+€21,607) and Net result for the year (+€9,162)
- Other debts -€10,127
down €10,127 (-11.7%), from €86,426 to €76,299
- Debts after one year -€9,800
down €9,800 (-10.6%), from €92,335 to €82,535
- Profit (loss) carried forward +€8,704
up €8,704 (+17.1%), from €50,822 to €59,526
- Depreciation -€2,668
down €2,668 (-11.0%), from €24,275 to €21,607
- Other operating charges +€1,294
up €1,294 (+22.4%), from €5,780 to €7,074
- Financial charges -€598
down €598 (-10.0%), from €5,970 to €5,372
- Taxes +€539
up €539 (+18.6%), from €2,893 to €3,432
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 | €518,636 | €508,355 | -€10,281 | -2.0% |
| Fixed assets | 21/28 | €421,259 | €399,476 | -€21,783 | -5.2% |
| Tangible fixed assets | 22/27 | €421,083 | €399,476 | -€21,607 | -5.1% |
| Land and buildings | 22 | €421,083 | €399,476 | -€21,607 | -5.1% |
| Financial fixed assets | 28 | €176 | - | -€176 | |
| Current assets | 29/58 | €97,377 | €108,879 | +€11,502 | +11.8% |
| Amounts receivable within one year | 40/41 | - | €648 | +€648 | |
| Trade receivables | 40 | - | €648 | +€648 | |
| Cash at bank and in hand | 54/58 | €97,377 | €108,231 | +€10,854 | +11.1% |
| Total equity and liabilities | 10/49 | €518,636 | €508,355 | -€10,281 | -2.0% |
| Equity | 10/15 | €336,927 | €346,089 | +€9,162 | +2.7% |
| Contributions | 10/11 | €285,078 | €285,078 | = | 0.0% |
| Capital | 10 | €285,078 | €285,078 | = | 0.0% |
| Issued capital | 100 | €285,078 | €285,078 | = | 0.0% |
| Reserves | 13 | €1,027 | €1,485 | +€458 | +44.6% |
| Non-distributable reserves | 130/1 | €1,027 | €1,485 | +€458 | +44.6% |
| Legal reserve | 130 | €1,027 | €1,485 | +€458 | +44.6% |
| Profit (loss) carried forward | 14 | €50,822 | €59,526 | +€8,704 | +17.1% |
| Amounts payable | 17/49 | €181,709 | €162,266 | -€19,443 | -10.7% |
| Amounts payable after more than one year | 17 | €92,335 | €82,535 | -€9,800 | -10.6% |
| Financial debts | 170/4 | €92,335 | €82,535 | -€9,800 | -10.6% |
| Amounts payable within one year | 42/48 | €89,374 | €79,731 | -€9,643 | -10.8% |
| Trade debts | 44 | €55 | - | -€55 | |
| Suppliers | 440/4 | €55 | - | -€55 | |
| Taxes, remuneration and social security | 45 | €2,893 | €3,432 | +€539 | +18.6% |
| Taxes | 450/3 | €2,893 | €3,432 | +€539 | +18.6% |
| Other amounts payable | 47/48 | €86,426 | €76,299 | -€10,127 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,275 | €21,607 | -€2,668 | -11.0% |
| Other operating charges | 640/8 | €5,780 | €7,074 | +€1,294 | +22.4% |
| Gross operating margin | 9900 | €46,859 | €46,647 | -€212 | -0.5% |
| Operating profit (loss) | 9901 | €16,804 | €17,966 | +€1,162 | +6.9% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €5,970 | €5,372 | -€598 | -10.0% |
| Recurring financial charges | 65 | €5,970 | €5,372 | -€598 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €10,841 | €12,594 | +€1,753 | +16.2% |
| Income taxes | 67/77 | €2,893 | €3,432 | +€539 | +18.6% |
| Profit (loss) for the period | 9904 | €7,948 | €9,162 | +€1,214 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,948 | €9,162 | +€1,214 | +15.3% |
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 3 October 2026 via checked.be.