ACETICS: 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.
ACETICS
Largest movements
- Current investments +€99,850
new in 2025: €99,850
- Cash +€24,091
up €24,091 (+23.1%), from €104,188 to €128,279
mainly Net result for the year (+€103,934) and Other debts (+€24,044)
- Deferred charges and accrued income -€23,614
down €23,614 (-88.9%), from €26,570 to €2,956
- Receivables within one year -€20,447
down €20,447 (-31.1%), from €65,728 to €45,281
of which Trade receivables: -€20,609
- Reserves +€103,000
up €103,000 (+321.9%), from €32,000 to €135,000
- Profit (loss) carried forward -€59,066
down €59,066 (-86.5%), from €68,301 to €9,235
- Other debts +€24,044
up €24,044 (+100.2%), from €24,007 to €48,051
- Trade debts +€5,407
up €5,407 (+81.1%), from €6,665 to €12,073
- Tax, wage and social debts +€3,884
up €3,884 (+7.4%), from €52,653 to €56,537
of which Remuneration and social security: +€6,598
- Gross operating margin +€57,381
up €57,381 (+34.5%), from €166,148 to €223,530
- Staff costs +€30,817
up €30,817 (+91.8%), from €33,571 to €64,388
- Taxes +€20,780
up €20,780 (+75.8%), from €27,430 to €48,210
- Financial charges +€3,969
up €3,969 (+805.2%), from €493 to €4,462
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 | €203,626 | €280,974 | +€77,348 | +38.0% |
| Fixed assets | 21/28 | €6,557 | €4,609 | -€1,948 | -29.7% |
| Intangible fixed assets | 21 | €1,926 | €1,086 | -€840 | -43.6% |
| Tangible fixed assets | 22/27 | €4,541 | €3,432 | -€1,108 | -24.4% |
| Plant, machinery and equipment | 23 | €664 | €357 | -€307 | -46.3% |
| Furniture and vehicles | 24 | €3,128 | €2,590 | -€538 | -17.2% |
| Other tangible fixed assets | 26 | €749 | €486 | -€263 | -35.2% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €197,069 | €276,366 | +€79,297 | +40.2% |
| Stocks and contracts in progress | 3 | €583 | - | -€583 | |
| Stocks | 30/36 | €583 | - | -€583 | |
| Amounts receivable within one year | 40/41 | €65,728 | €45,281 | -€20,447 | -31.1% |
| Trade receivables | 40 | €65,728 | €45,119 | -€20,609 | -31.4% |
| Other amounts receivable | 41 | - | €162 | +€162 | |
| Current investments | 50/53 | - | €99,850 | +€99,850 | |
| Cash at bank and in hand | 54/58 | €104,188 | €128,279 | +€24,091 | +23.1% |
| Deferred charges and accrued income | 490/1 | €26,570 | €2,956 | -€23,614 | -88.9% |
| Total equity and liabilities | 10/49 | €203,626 | €280,974 | +€77,348 | +38.0% |
| Equity | 10/15 | €120,301 | €164,235 | +€43,934 | +36.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,000 | €135,000 | +€103,000 | +321.9% |
| Distributable reserves | 133 | €32,000 | €135,000 | +€103,000 | +321.9% |
| Profit (loss) carried forward | 14 | €68,301 | €9,235 | -€59,066 | -86.5% |
| Amounts payable | 17/49 | €83,326 | €116,740 | +€33,414 | +40.1% |
| Amounts payable within one year | 42/48 | €83,326 | €116,661 | +€33,336 | +40.0% |
| Trade debts | 44 | €6,665 | €12,073 | +€5,407 | +81.1% |
| Suppliers | 440/4 | €6,665 | €12,073 | +€5,407 | +81.1% |
| Taxes, remuneration and social security | 45 | €52,653 | €56,537 | +€3,884 | +7.4% |
| Taxes | 450/3 | €46,948 | €44,234 | -€2,714 | -5.8% |
| Remuneration and social security | 454/9 | €5,705 | €12,303 | +€6,598 | +115.7% |
| Other amounts payable | 47/48 | €24,007 | €48,051 | +€24,044 | +100.2% |
| Accrued charges and deferred income | 492/3 | - | €78 | +€78 | |
| Remuneration, social security and pensions | 62 | €33,571 | €64,388 | +€30,817 | +91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,241 | €3,110 | +€869 | +38.8% |
| Non-recurring operating charges | 66A | - | €53 | +€53 | |
| Gross operating margin | 9900 | €166,148 | €223,530 | +€57,381 | +34.5% |
| Operating profit (loss) | 9901 | €130,336 | €155,979 | +€25,642 | +19.7% |
| Financial income | 75/76B | €56 | €627 | +€571 | +1023.9% |
| Recurring financial income | 75 | €56 | €627 | +€571 | +1023.9% |
| Financial charges | 65/66B | €493 | €4,462 | +€3,969 | +805.2% |
| Recurring financial charges | 65 | €493 | €4,462 | +€3,969 | +805.2% |
| Profit (loss) for the period before taxes | 9903 | €129,899 | €152,144 | +€22,245 | +17.1% |
| Income taxes | 67/77 | €27,430 | €48,210 | +€20,780 | +75.8% |
| Profit (loss) for the period | 9904 | €102,469 | €103,934 | +€1,465 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €102,469 | €103,934 | +€1,465 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.