ACFISCO: 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.
ACFISCO
Largest movements
- Deferred charges and accrued income +€7,500
new in 2025: €7,500
- Receivables within one year -€5,516
down €5,516 (-1.7%), from €318,354 to €312,838
of which Other amounts receivable: -€5,080
- Profit (loss) carried forward +€4,990
up €4,990 (+24.7%), from -€20,213 to -€15,223
- Gross operating margin +€1,208
up €1,208 (+31.4%), from -€3,851 to -€2,643
- Other operating charges -€821
down €821 (-52.9%), from €1,552 to €731
- Financial income -€622
down €622 (-6.7%), from €9,295 to €8,673
- Taxes -€372
down €372, from €314 to -€58
- Financial charges -€222
down €222 (-37.7%), from €588 to €366
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 | €489,390 | €494,449 | +€5,059 | +1.0% |
| Current assets | 29/58 | €489,390 | €494,449 | +€5,059 | +1.0% |
| Amounts receivable within one year | 40/41 | €318,354 | €312,838 | -€5,516 | -1.7% |
| Trade receivables | 40 | €12,864 | €12,428 | -€436 | -3.4% |
| Other amounts receivable | 41 | €305,490 | €300,410 | -€5,080 | -1.7% |
| Current investments | 50/53 | €34,559 | €34,468 | -€90 | -0.3% |
| Cash at bank and in hand | 54/58 | €136,477 | €139,642 | +€3,165 | +2.3% |
| Deferred charges and accrued income | 490/1 | - | €7,500 | +€7,500 | |
| Total equity and liabilities | 10/49 | €489,390 | €494,449 | +€5,059 | +1.0% |
| Equity | 10/15 | €487,381 | €492,371 | +€4,990 | +1.0% |
| Contributions | 10/11 | €291,292 | €291,292 | = | 0.0% |
| Capital | 10 | €291,292 | €291,292 | = | 0.0% |
| Issued capital | 100 | €291,292 | €291,292 | = | 0.0% |
| Reserves | 13 | €216,302 | €216,302 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,877 | €11,877 | = | 0.0% |
| Legal reserve | 130 | €11,877 | €11,877 | = | 0.0% |
| Distributable reserves | 133 | €204,425 | €204,425 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,213 | -€15,223 | +€4,990 | +24.7% |
| Amounts payable | 17/49 | €2,009 | €2,078 | +€68 | +3.4% |
| Amounts payable within one year | 42/48 | €2,009 | €2,078 | +€68 | +3.4% |
| Trade debts | 44 | - | €1,084 | +€1,084 | |
| Suppliers | 440/4 | - | €1,084 | +€1,084 | |
| Other amounts payable | 47/48 | €2,009 | €994 | -€1,016 | -50.6% |
| Other operating charges | 640/8 | €1,552 | €731 | -€821 | -52.9% |
| Gross operating margin | 9900 | -€3,851 | -€2,643 | +€1,208 | +31.4% |
| Operating profit (loss) | 9901 | -€5,403 | -€3,374 | +€2,029 | +37.6% |
| Financial income | 75/76B | €9,295 | €8,673 | -€622 | -6.7% |
| Recurring financial income | 75 | €9,295 | €8,673 | -€622 | -6.7% |
| Financial charges | 65/66B | €588 | €366 | -€222 | -37.7% |
| Recurring financial charges | 65 | €588 | €366 | -€222 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €3,304 | €4,932 | +€1,629 | +49.3% |
| Income taxes | 67/77 | €314 | -€58 | -€372 | |
| Profit (loss) for the period | 9904 | €2,989 | €4,990 | +€2,001 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,989 | €4,990 | +€2,001 | +66.9% |
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 8 October 2026 via checked.be.