ACERAM: 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.
ACERAM
Largest movements
- Current assets +€70,717
up €70,717 (+109%), from €64,656 to €135,373
of which Receivables within one year: +€77,613
- Tangible fixed assets -€13,729
down €13,729 (-24.4%), from €56,157 to €42,428
- Financial fixed assets +€8,000
new in 2022: €8,000
- Intangible fixed assets -€2,432
down €2,432 (-66.7%), from €3,648 to €1,216
- Debts within one year +€60,990
up €60,990 (+99.2%), from €61,492 to €122,482
of which Other debts: +€116,717
- Accrued charges and deferred income +€6,400
new in 2022: €6,400
- Equity -€4,834
down €4,834 (-7.7%), from €62,969 to €58,135
of which Profit (loss) carried forward: -€4,834
- Turnover +€83,503
new in 2022: €83,503
- Purchases and services +€60,097
new in 2022: €60,097
- Gross operating margin -€39,019
down €39,019 (-92.0%), from €42,425 to €3,406
- Depreciation -€12,425
down €12,425 (-60.8%), from €20,449 to €8,024
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,461 | €187,017 | +€62,556 | +50.3% |
| Fixed assets | 21/28 | €59,805 | €51,644 | -€8,161 | -13.6% |
| Intangible fixed assets | 21 | €3,648 | €1,216 | -€2,432 | -66.7% |
| Tangible fixed assets | 22/27 | €56,157 | €42,428 | -€13,729 | -24.4% |
| Land and buildings | 22 | - | €41,019 | +€41,019 | |
| Plant, machinery and equipment | 23 | - | €1,409 | +€1,409 | |
| Financial fixed assets | 28 | - | €8,000 | +€8,000 | |
| Current assets | 29/58 | €64,656 | €135,373 | +€70,717 | +109% |
| Amounts receivable within one year | 40/41 | €57,683 | €135,296 | +€77,613 | +135% |
| Other amounts receivable | 41 | - | €135,296 | +€135,296 | |
| Cash at bank and in hand | 54/58 | €4,948 | €77 | -€4,871 | -98.4% |
| Total equity and liabilities | 10/49 | €124,461 | €187,017 | +€62,556 | +50.3% |
| Equity | 10/15 | €62,969 | €58,135 | -€4,834 | -7.7% |
| Contributions | 10/11 | - | €18,600 | +€18,600 | |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €42,509 | €37,675 | -€4,834 | -11.4% |
| Amounts payable | 17/49 | €61,492 | €128,882 | +€67,390 | +110% |
| Amounts payable within one year | 42/48 | €61,492 | €122,482 | +€60,990 | +99.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,618 | +€1,618 | |
| Trade debts | 44 | €7,977 | €3,500 | -€4,477 | -56.1% |
| Suppliers | 440/4 | - | €3,500 | +€3,500 | |
| Taxes, remuneration and social security | 45 | - | €647 | +€647 | |
| Remuneration and social security | 454/9 | - | €647 | +€647 | |
| Other amounts payable | 47/48 | - | €116,717 | +€116,717 | |
| Accrued charges and deferred income | 492/3 | - | €6,400 | +€6,400 | |
| Turnover | 70 | - | €83,503 | +€83,503 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €60,097 | +€60,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,449 | €8,024 | -€12,425 | -60.8% |
| Gross operating margin | 9900 | €42,425 | €3,406 | -€39,019 | -92.0% |
| Operating profit (loss) | 9901 | €21,366 | -€4,618 | -€25,984 | |
| Financial charges | 65/66B | - | €216 | +€216 | |
| Recurring financial charges | 65 | €291 | €216 | -€75 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €21,075 | -€4,834 | -€25,909 | |
| Income taxes | 67/77 | €790 | - | -€790 | |
| Profit (loss) for the period | 9904 | €20,285 | -€4,834 | -€25,119 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,553 | -€4,834 | -€25,387 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.