ACF AUDIT BELGIUM: 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.
ACF AUDIT BELGIUM
Largest movements
- Stocks and contracts -€277,199
down €277,199 (-100%), from €277,199 to €0
- Receivables within one year +€172,244
up €172,244 (+83.1%), from €207,179 to €379,423
of which Trade receivables: +€229,406
- Cash -€76,860
down €76,860 (-59.2%), from €129,908 to €53,048
mainly Receivables within one year (-€172,244) and Advances received (-€125,229)
- Advances received -€125,229
down €125,229 (-72.6%), from €172,404 to €47,175
- Other debts -€50,218
down €50,218 (-75.2%), from €66,782 to €16,564
- Debts after one year -€25,374
down €25,374 (-66.4%), from €38,202 to €12,828
- Profit (loss) carried forward +€14,209
up €14,209 (+13.6%), from €104,580 to €118,789
- Trade debts +€12,550
up €12,550 (+10.1%), from €124,625 to €137,175
- Gross operating margin +€20,704
up €20,704 (+68.9%), from €30,064 to €50,768
- Staff costs +€6,395
up €6,395 (+43.3%), from €14,772 to €21,167
- Depreciation +€3,317
up €3,317 (+151%), from €2,194 to €5,510
- Taxes +€3,068
up €3,068 (+102%), from €3,012 to €6,080
- Financial charges +€972
up €972 (+60.7%), from €1,601 to €2,573
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.
Derived cash bridge
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 | €649,728 | €464,704 | -€185,024 | -28.5% |
| Fixed assets | 21/28 | €21,692 | €19,331 | -€2,361 | -10.9% |
| Intangible fixed assets | 21 | €1,291 | €3,313 | +€2,022 | +157% |
| Tangible fixed assets | 22/27 | €20,401 | €16,018 | -€4,383 | -21.5% |
| Land and buildings | 22 | €1,110 | €900 | -€210 | -18.9% |
| Plant, machinery and equipment | 23 | €3,247 | €2,613 | -€634 | -19.5% |
| Other tangible fixed assets | 26 | €16,044 | €12,505 | -€3,539 | -22.1% |
| Current assets | 29/58 | €628,036 | €445,373 | -€182,662 | -29.1% |
| Stocks and contracts in progress | 3 | €277,199 | €0 | -€277,199 | -100% |
| Stocks | 30/36 | €277,199 | €0 | -€277,199 | -100% |
| Amounts receivable within one year | 40/41 | €207,179 | €379,423 | +€172,244 | +83.1% |
| Trade receivables | 40 | €148,911 | €378,318 | +€229,406 | +154% |
| Other amounts receivable | 41 | €58,268 | €1,105 | -€57,163 | -98.1% |
| Cash at bank and in hand | 54/58 | €129,908 | €53,048 | -€76,860 | -59.2% |
| Deferred charges and accrued income | 490/1 | €13,749 | €12,902 | -€847 | -6.2% |
| Total equity and liabilities | 10/49 | €649,728 | €464,704 | -€185,024 | -28.5% |
| Equity | 10/15 | €172,780 | €186,989 | +€14,209 | +8.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,580 | €118,789 | +€14,209 | +13.6% |
| Amounts payable | 17/49 | €476,948 | €277,715 | -€199,232 | -41.8% |
| Amounts payable after more than one year | 17 | €38,202 | €12,828 | -€25,374 | -66.4% |
| Financial debts | 170/4 | €38,202 | €12,828 | -€25,374 | -66.4% |
| Amounts payable within one year | 42/48 | €438,554 | €264,887 | -€173,666 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €26,372 | €25,374 | -€998 | -3.8% |
| Trade debts | 44 | €124,625 | €137,175 | +€12,550 | +10.1% |
| Suppliers | 440/4 | €124,625 | €137,175 | +€12,550 | +10.1% |
| Advances received on contracts in progress | 46 | €172,404 | €47,175 | -€125,229 | -72.6% |
| Taxes, remuneration and social security | 45 | €48,371 | €38,599 | -€9,772 | -20.2% |
| Taxes | 450/3 | €47,068 | €35,681 | -€11,387 | -24.2% |
| Remuneration and social security | 454/9 | €1,303 | €2,919 | +€1,616 | +124% |
| Other amounts payable | 47/48 | €66,782 | €16,564 | -€50,218 | -75.2% |
| Accrued charges and deferred income | 492/3 | €192 | €0 | -€192 | -100% |
| Remuneration, social security and pensions | 62 | €14,772 | €21,167 | +€6,395 | +43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,194 | €5,510 | +€3,317 | +151% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €650 | +€650 | |
| Other operating charges | 640/8 | €412 | €579 | +€167 | +40.4% |
| Gross operating margin | 9900 | €30,064 | €50,768 | +€20,704 | +68.9% |
| Operating profit (loss) | 9901 | €12,685 | €22,862 | +€10,177 | +80.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,601 | €2,573 | +€972 | +60.7% |
| Recurring financial charges | 65 | €1,601 | €2,573 | +€972 | +60.7% |
| Profit (loss) for the period before taxes | 9903 | €11,085 | €20,289 | +€9,204 | +83.0% |
| Income taxes | 67/77 | €3,012 | €6,080 | +€3,068 | +102% |
| Profit (loss) for the period | 9904 | €8,073 | €14,209 | +€6,136 | +76.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,073 | €14,209 | +€6,136 | +76.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.