AceraBulus: 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.
AceraBulus
Largest movements
- Cash +€143,519
up €143,519 (+142.9%), from €100,446 to €243,965
mainly Net result for the year (+€112,271) and Receivables within one year (+€26,652)
- Receivables within one year -€26,652
down €26,652 (-89.7%), from €29,723 to €3,071
of which Trade receivables: -€25,041
- Tangible fixed assets -€3,368
down €3,368 (-13.5%), from €24,998 to €21,630
of which Furniture and vehicles: -€2,454
- Profit (loss) carried forward +€112,271
up €112,271 (+243063.4%), from €46 to €112,317
- Gross operating margin +€21,350
up €21,350 (+16.6%), from €128,920 to €150,270
- Taxes +€5,229
up €5,229 (+18.9%), from €27,720 to €32,949
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 | €155,167 | €270,828 | +€115,660 | +74.5% |
| Fixed assets | 21/28 | €24,998 | €21,630 | -€3,368 | -13.5% |
| Tangible fixed assets | 22/27 | €24,998 | €21,630 | -€3,368 | -13.5% |
| Furniture and vehicles | 24 | €15,342 | €12,888 | -€2,454 | -16.0% |
| Other tangible fixed assets | 26 | €9,656 | €8,742 | -€914 | -9.5% |
| Current assets | 29/58 | €130,169 | €249,198 | +€119,028 | +91.4% |
| Amounts receivable within one year | 40/41 | €29,723 | €3,071 | -€26,652 | -89.7% |
| Trade receivables | 40 | €26,065 | €1,024 | -€25,041 | -96.1% |
| Other amounts receivable | 41 | €3,659 | €2,048 | -€1,611 | -44.0% |
| Cash at bank and in hand | 54/58 | €100,446 | €243,965 | +€143,519 | +142.9% |
| Deferred charges and accrued income | 490/1 | - | €2,161 | +€2,161 | |
| Total equity and liabilities | 10/49 | €155,167 | €270,828 | +€115,660 | +74.5% |
| Equity | 10/15 | €139,446 | €251,717 | +€112,271 | +80.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €138,400 | €138,400 | = | 0.0% |
| Distributable reserves | 133 | €138,400 | €138,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46 | €112,317 | +€112,271 | +243063.4% |
| Amounts payable | 17/49 | €15,721 | €19,110 | +€3,389 | +21.6% |
| Amounts payable within one year | 42/48 | €15,721 | €18,922 | +€3,201 | +20.4% |
| Trade debts | 44 | €324 | €1,336 | +€1,012 | +312.8% |
| Suppliers | 440/4 | €324 | €1,336 | +€1,012 | +312.8% |
| Taxes, remuneration and social security | 45 | €15,397 | €17,586 | +€2,189 | +14.2% |
| Taxes | 450/3 | €15,397 | €17,586 | +€2,189 | +14.2% |
| Accrued charges and deferred income | 492/3 | - | €188 | +€188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,997 | €5,234 | +€236 | +4.7% |
| Gross operating margin | 9900 | €128,920 | €150,270 | +€21,350 | +16.6% |
| Operating profit (loss) | 9901 | €123,922 | €145,036 | +€21,114 | +17.0% |
| Financial income | 75/76B | €708 | €984 | +€276 | +39.0% |
| Recurring financial income | 75 | €708 | €984 | +€276 | +39.0% |
| Financial charges | 65/66B | €75 | €800 | +€725 | +964.9% |
| Recurring financial charges | 65 | €75 | €800 | +€725 | +964.9% |
| Profit (loss) for the period before taxes | 9903 | €124,555 | €145,220 | +€20,665 | +16.6% |
| Income taxes | 67/77 | €27,720 | €32,949 | +€5,229 | +18.9% |
| Profit (loss) for the period | 9904 | €96,835 | €112,271 | +€15,436 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,835 | €112,271 | +€15,436 | +15.9% |
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 4 October 2026 via checked.be.