ACG Car: 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.
ACG Car
Largest movements
- Current investments -€5.0m
no longer reported in 2025 (was €5.0m)
- Cash +€2.9m
up €2.9m (+135%), from €2.1m to €5.0m
mainly Current investments (+€5.0m) and Net result for the year (+€4.7m)
- Receivables within one year +€1.4m
up €1.4m (+31.7%), from €4.4m to €5.8m
- Financial fixed assets +€695,489
up €695,489 (+3.8%), from €18.5m to €19.2m
- Profit (loss) carried forward -€9.1m
down €9.1m (-72.6%), from €12.6m to €3.5m
- Reserves +€7.0m
up €7.0m (+4,368%), from €160,250 to €7.2m
of which Distributable reserves: +€7.0m
- Other debts +€3.4m
up €3.4m (+88.0%), from €3.9m to €7.3m
- Debts after one year -€1.0m
down €1.0m (-14.0%), from €7.1m to €6.1m
of which Financial debts: -€1.0m
- Short-term financial debts -€714,286
down €714,286 (-11.7%), from €6.1m to €5.4m
- Financial income -€8.8m
down €8.8m (-63.0%), from €14.0m to €5.2m
of which Non-recurring financial income: -€6.9m
- Financial charges -€165,346
down €165,346 (-24.5%), from €674,044 to €508,698
- Gross operating margin -€44,371
down €44,371 (-44.6%), from €99,421 to €55,050
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 | €32,864,576 | €32,957,004 | +€92,428 | +0.3% |
| Fixed assets | 21/28 | €18,505,256 | €19,200,745 | +€695,489 | +3.8% |
| Financial fixed assets | 28 | €18,505,256 | €19,200,745 | +€695,489 | +3.8% |
| Current assets | 29/58 | €14,359,320 | €13,756,259 | -€603,060 | -4.2% |
| Amounts receivable after more than one year | 29 | €2,500,000 | €2,500,000 | = | 0.0% |
| Other amounts receivable | 291 | €2,500,000 | €2,500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,394,833 | €5,789,939 | +€1.4m | +31.7% |
| Other amounts receivable | 41 | €4,394,833 | €5,789,939 | +€1.4m | +31.7% |
| Current investments | 50/53 | €5,013,558 | - | -€5.0m | |
| Cash at bank and in hand | 54/58 | €2,132,499 | €5,016,677 | +€2.9m | +135% |
| Deferred charges and accrued income | 490/1 | €318,430 | €449,643 | +€131,213 | +41.2% |
| Total equity and liabilities | 10/49 | €32,864,576 | €32,957,004 | +€92,428 | +0.3% |
| Equity | 10/15 | €14,361,954 | €12,219,049 | -€2.1m | -14.9% |
| Contributions | 10/11 | €1,602,501 | €1,601,362 | -€1,139 | -0.1% |
| Capital | 10 | €1,602,501 | €1,601,362 | -€1,139 | -0.1% |
| Issued capital | 100 | €1,602,501 | €1,601,362 | -€1,139 | -0.1% |
| Reserves | 13 | €160,250 | €7,160,136 | +€7.0m | +4,368% |
| Non-distributable reserves | 130/1 | €160,250 | €160,136 | -€114 | -0.1% |
| Legal reserve | 130 | €160,250 | €160,136 | -€114 | -0.1% |
| Distributable reserves | 133 | - | €7,000,000 | +€7.0m | |
| Profit (loss) carried forward | 14 | €12,599,202 | €3,457,551 | -€9.1m | -72.6% |
| Amounts payable | 17/49 | €18,502,622 | €20,737,955 | +€2.2m | +12.1% |
| Amounts payable after more than one year | 17 | €7,142,852 | €6,142,850 | -€1.0m | -14.0% |
| Financial debts | 170/4 | €4,642,852 | €3,642,850 | -€1.0m | -21.5% |
| Other amounts payable | 178/9 | €2,500,000 | €2,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,061,348 | €14,361,286 | +€3.3m | +29.8% |
| Current portion of amounts payable after more than one year | 42 | €1,000,002 | €1,000,002 | = | 0.0% |
| Financial debts | 43 | €6,085,714 | €5,371,429 | -€714,286 | -11.7% |
| Credit institutions | 430/8 | €6,085,714 | €5,371,429 | -€714,286 | -11.7% |
| Trade debts | 44 | €89,870 | €40,844 | -€49,027 | -54.6% |
| Suppliers | 440/4 | €89,870 | €40,844 | -€49,027 | -54.6% |
| Taxes, remuneration and social security | 45 | - | €642,779 | +€642,779 | |
| Taxes | 450/3 | - | €642,779 | +€642,779 | |
| Other amounts payable | 47/48 | €3,885,762 | €7,306,233 | +€3.4m | +88.0% |
| Accrued charges and deferred income | 492/3 | €298,423 | €233,819 | -€64,603 | -21.6% |
| Other operating charges | 640/8 | €1,108 | €1,243 | +€135 | +12.1% |
| Gross operating margin | 9900 | €99,421 | €55,050 | -€44,371 | -44.6% |
| Operating profit (loss) | 9901 | €98,313 | €53,807 | -€44,506 | -45.3% |
| Financial income | 75/76B | €13,980,804 | €5,175,404 | -€8.8m | -63.0% |
| Recurring financial income | 75 | €5,794,006 | €3,872,404 | -€1.9m | -33.2% |
| Non-recurring financial income | 76B | €8,186,798 | €1,303,000 | -€6.9m | -84.1% |
| Financial charges | 65/66B | €674,044 | €508,698 | -€165,346 | -24.5% |
| Recurring financial charges | 65 | €674,044 | €508,698 | -€165,346 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €13,405,073 | €4,720,514 | -€8.7m | -64.8% |
| Profit (loss) for the period | 9904 | €13,405,073 | €4,720,514 | -€8.7m | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,405,073 | €4,720,514 | -€8.7m | -64.8% |
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 19 October 2026 via checked.be.