ACG Deinze: 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 Deinze
Largest movements
- Cash +€642,322
up €642,322 (+495%), from €129,888 to €772,210
mainly Trade debts (+€894,624) and Net result for the year (+€261,262)
- Receivables within one year +€255,527
up €255,527 (+148%), from €172,647 to €428,174
of which Trade receivables: +€255,353
- Stocks and contracts +€149,151
up €149,151 (+14.0%), from €1.1m to €1.2m
of which Stocks: +€120,870
- Tangible fixed assets -€133,537
down €133,537 (-19.5%), from €683,959 to €550,422
of which Furniture and vehicles: -€97,482
- Trade debts +€894,624
up €894,624 (+191%), from €468,193 to €1.4m
- Reserves +€485,467
up €485,467 (+113%), from €429,068 to €914,535
of which Distributable reserves: +€485,467
- Profit (loss) carried forward -€374,205
down €374,205 (-57.8%), from €647,260 to €273,055
- Other debts -€150,000
down €150,000 (-50.0%), from €300,000 to €150,000
- Tax, wage and social debts +€46,625
up €46,625 (+63.3%), from €73,670 to €120,295
of which Taxes: +€46,788
- Gross operating margin -€74,607
down €74,607 (-6.2%), from €1.2m to €1.1m
- Depreciation +€55,164
up €55,164 (+41.8%), from €132,035 to €187,199
- Taxes -€27,645
down €27,645 (-23.6%), from €117,334 to €89,690
- Staff costs -€18,205
down €18,205 (-3.0%), from €603,260 to €585,055
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 | €2,073,743 | €2,981,679 | +€907,935 | +43.8% |
| Fixed assets | 21/28 | €684,827 | €551,289 | -€133,537 | -19.5% |
| Tangible fixed assets | 22/27 | €683,959 | €550,422 | -€133,537 | -19.5% |
| Plant, machinery and equipment | 23 | €401,593 | €365,538 | -€36,055 | -9.0% |
| Furniture and vehicles | 24 | €282,367 | €184,884 | -€97,482 | -34.5% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €1,388,917 | €2,430,389 | +€1.0m | +75.0% |
| Stocks and contracts in progress | 3 | €1,068,421 | €1,217,572 | +€149,151 | +14.0% |
| Stocks | 30/36 | €1,052,716 | €1,173,586 | +€120,870 | +11.5% |
| Contracts in progress | 37 | €15,705 | €43,986 | +€28,282 | +180% |
| Amounts receivable within one year | 40/41 | €172,647 | €428,174 | +€255,527 | +148% |
| Trade receivables | 40 | €159,982 | €415,334 | +€255,353 | +160% |
| Other amounts receivable | 41 | €12,666 | €12,840 | +€175 | +1.4% |
| Cash at bank and in hand | 54/58 | €129,888 | €772,210 | +€642,322 | +495% |
| Deferred charges and accrued income | 490/1 | €17,960 | €12,432 | -€5,528 | -30.8% |
| Total equity and liabilities | 10/49 | €2,073,743 | €2,981,679 | +€907,935 | +43.8% |
| Equity | 10/15 | €1,221,678 | €1,332,939 | +€111,262 | +9.1% |
| Contributions | 10/11 | €145,349 | €145,349 | = | 0.0% |
| Capital | 10 | €145,349 | €145,349 | = | 0.0% |
| Issued capital | 100 | €145,349 | €145,349 | = | 0.0% |
| Reserves | 13 | €429,068 | €914,535 | +€485,467 | +113% |
| Non-distributable reserves | 130/1 | €14,535 | €14,535 | = | 0.0% |
| Legal reserve | 130 | €14,535 | €14,535 | = | 0.0% |
| Distributable reserves | 133 | €414,533 | €900,000 | +€485,467 | +117% |
| Profit (loss) carried forward | 14 | €647,260 | €273,055 | -€374,205 | -57.8% |
| Amounts payable | 17/49 | €852,066 | €1,648,739 | +€796,674 | +93.5% |
| Amounts payable within one year | 42/48 | €850,862 | €1,637,739 | +€786,877 | +92.5% |
| Trade debts | 44 | €468,193 | €1,362,816 | +€894,624 | +191% |
| Suppliers | 440/4 | €468,193 | €1,362,816 | +€894,624 | +191% |
| Advances received on contracts in progress | 46 | €9,000 | €4,628 | -€4,372 | -48.6% |
| Taxes, remuneration and social security | 45 | €73,670 | €120,295 | +€46,625 | +63.3% |
| Taxes | 450/3 | €11,390 | €58,178 | +€46,788 | +411% |
| Remuneration and social security | 454/9 | €62,280 | €62,117 | -€163 | -0.3% |
| Other amounts payable | 47/48 | €300,000 | €150,000 | -€150,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | €1,203 | €11,000 | +€9,797 | +814% |
| Remuneration, social security and pensions | 62 | €603,260 | €585,055 | -€18,205 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,035 | €187,199 | +€55,164 | +41.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €228 | -€733 | -€961 | |
| Other operating charges | 640/8 | €14,423 | €13,855 | -€568 | -3.9% |
| Gross operating margin | 9900 | €1,212,440 | €1,137,834 | -€74,607 | -6.2% |
| Operating profit (loss) | 9901 | €462,494 | €352,458 | -€110,036 | -23.8% |
| Financial income | 75/76B | €65 | €203 | +€138 | +211% |
| Recurring financial income | 75 | €65 | €203 | +€138 | +211% |
| Financial charges | 65/66B | €1,713 | €1,710 | -€3 | -0.2% |
| Recurring financial charges | 65 | €1,713 | €1,710 | -€3 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €460,847 | €350,951 | -€109,895 | -23.8% |
| Income taxes | 67/77 | €117,334 | €89,690 | -€27,645 | -23.6% |
| Profit (loss) for the period | 9904 | €343,512 | €261,262 | -€82,251 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €343,512 | €261,262 | -€82,251 | -23.9% |
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 17 October 2026 via checked.be.