ACG Groep: 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.
What changed
ACG Groep
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.3m
2024 · €2.0m+€1.4m
Equity
€7.7m
2024 · €5.6m+€2.1m
Cash
€289,585
2024 · €78,653+€210,932
Balance sheet total
€21.7m
2024 · €10.7m+€11.0m
Largest movements
Assets
- Financial fixed assets +€10.8m
up €10.8m (+107%), from €10.1m to €20.9m
of which Affiliated companies: +€10.8m
Equity and liabilities
- Debts after one year +€6.4m
up €6.4m (+256%), from €2.5m to €8.9m
of which Financial debts: +€6.4m
- Reserves +€2.0m
up €2.0m (+295%), from €678,500 to €2.7m
of which Distributable reserves: +€2.0m
- Other debts +€1.8m
up €1.8m (+70.5%), from €2.5m to €4.3m
- Current portion of long-term debt +€482,533
new in 2025: €482,533
Income statement
- Financial income +€1.8m
up €1.8m (+91.0%), from €2.0m to €3.8m
of which Financial income: +€1.8m
- Financial charges +€261,679
up €261,679 (+456%), from €57,402 to €319,081
- Turnover -€138,686
down €138,686 (-18.2%), from €760,140 to €621,455
- Services and other goods +€41,291
up €41,291 (+57.7%), from €71,512 to €112,803
- Goods and materials +€15,600
up €15,600 (+4.3%), from €358,800 to €374,400
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.
Result 2024
€2.0m
Turnover
-€138,686
Other operating income
-€1,661
Goods and materials
-€15,600
Services and other goods
-€41,291
Staff costs
-€6,147
Other operating charges
-€135
Financial income
+€1.8m
Financial charges
-€261,679
Taxes
+€49
Result 2025
€3.3m
raises the resultlowers the result
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.
From operations
+€5.3m
Investment
-€10.8m
Financing
+€5.7m
Cash 2024
€78,653
From operations (derived)
+€5.3m
Net result for the year
+€3.3m
Smaller working-capital items
+€14,070
Trade debts
+€101,489
Other debts
+€1.8m
Accrued charges and deferred income
+€141,116
Investment (derived)
-€10.8m
Investment in fixed assets (net)
-€10.8m
Financing
+€5.7m
Debts after one year
+€6.4m
Current portion of long-term debt
+€482,533
Contributions, distributions and other
-€1.2m
Cash 2025
€289,585
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,697,401 | €21,714,926 | +€11.0m | +103% |
| Fixed assets | 21/28 | €10,081,762 | €20,909,029 | +€10.8m | +107% |
| Financial fixed assets | 28 | €10,081,762 | €20,909,029 | +€10.8m | +107% |
| Affiliated companies | 280/1 | €10,081,715 | €20,908,983 | +€10.8m | +107% |
| Participating interests | 280 | €10,081,715 | €20,908,983 | +€10.8m | +107% |
| Other financial fixed assets | 284/8 | €46 | €46 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €46 | €46 | = | 0.0% |
| Current assets | 29/58 | €615,639 | €805,897 | +€190,257 | +30.9% |
| Amounts receivable within one year | 40/41 | €31,989 | €12,568 | -€19,421 | -60.7% |
| Trade receivables | 40 | €5,428 | €5,765 | +€337 | +6.2% |
| Other amounts receivable | 41 | €26,561 | €6,803 | -€19,758 | -74.4% |
| Current investments | 50/53 | €500,000 | €500,000 | = | 0.0% |
| Own shares | 50 | €500,000 | €500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,653 | €289,585 | +€210,932 | +268% |
| Deferred charges and accrued income | 490/1 | €4,997 | €3,744 | -€1,253 | -25.1% |
| Total equity and liabilities | 10/49 | €10,697,401 | €21,714,926 | +€11.0m | +103% |
| Equity | 10/15 | €5,570,612 | €7,714,791 | +€2.1m | +38.5% |
| Contributions | 10/11 | €3,484,739 | €3,485,879 | +€1,139 | 0.0% |
| Reserves | 13 | €678,500 | €2,678,614 | +€2.0m | +295% |
| Non-distributable reserves | 130/1 | €500,000 | €500,084 | +€84 | 0.0% |
| Own shares acquired | 1312 | €500,000 | €500,084 | +€84 | 0.0% |
| Distributable reserves | 133 | €178,500 | €2,178,530 | +€2.0m | +1,120% |
| Profit (loss) carried forward | 14 | €1,407,372 | €1,550,299 | +€142,927 | +10.2% |
| Amounts payable | 17/49 | €5,126,789 | €14,000,135 | +€8.9m | +173% |
| Amounts payable after more than one year | 17 | €2,500,000 | €8,893,567 | +€6.4m | +256% |
| Financial debts | 170/4 | - | €6,393,567 | +€6.4m | |
| Credit institutions | 173 | - | €6,393,567 | +€6.4m | |
| Other amounts payable | 178/9 | €2,500,000 | €2,500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,612,617 | €4,951,279 | +€2.3m | +89.5% |
| Current portion of amounts payable after more than one year | 42 | - | €482,533 | +€482,533 | |
| Trade debts | 44 | €84,598 | €186,087 | +€101,489 | +120% |
| Suppliers | 440/4 | €84,598 | €186,087 | +€101,489 | +120% |
| Taxes, remuneration and social security | 45 | €28,973 | €22,368 | -€6,604 | -22.8% |
| Taxes | 450/3 | €737 | €1,475 | +€738 | +100% |
| Remuneration and social security | 454/9 | €28,236 | €20,893 | -€7,342 | -26.0% |
| Other amounts payable | 47/48 | €2,499,046 | €4,260,291 | +€1.8m | +70.5% |
| Accrued charges and deferred income | 492/3 | €14,173 | €155,289 | +€141,116 | +996% |
| Operating income | 70/76A | €768,822 | €628,475 | -€140,347 | -18.3% |
| Turnover | 70 | €760,140 | €621,455 | -€138,686 | -18.2% |
| Other operating income | 74 | €8,682 | €7,021 | -€1,661 | -19.1% |
| Operating charges | 60/66A | €735,374 | €798,546 | +€63,172 | +8.6% |
| Goods for resale, raw materials and consumables | 60 | €358,800 | €374,400 | +€15,600 | +4.3% |
| Purchases | 600/8 | €358,800 | €374,400 | +€15,600 | +4.3% |
| Services and other goods | 61 | €71,512 | €112,803 | +€41,291 | +57.7% |
| Remuneration, social security and pensions | 62 | €303,954 | €310,101 | +€6,147 | +2.0% |
| Other operating charges | 640/8 | €1,108 | €1,243 | +€135 | +12.1% |
| Operating profit (loss) | 9901 | €33,448 | -€170,071 | -€203,519 | |
| Financial income | 75/76B | €2,000,714 | €3,820,867 | +€1.8m | +91.0% |
| Recurring financial income | 75 | €2,000,062 | €3,820,867 | +€1.8m | +91.0% |
| Income from financial fixed assets | 750 | €2,000,060 | €3,820,867 | +€1.8m | +91.0% |
| Other financial income | 752/9 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €652 | - | -€652 | |
| Financial charges | 65/66B | €57,402 | €319,081 | +€261,679 | +456% |
| Recurring financial charges | 65 | €57,402 | €319,081 | +€261,679 | +456% |
| Debt charges | 650 | €56,628 | €316,738 | +€260,110 | +459% |
| Other financial charges | 652/9 | €774 | €2,343 | +€1,570 | +203% |
| Profit (loss) for the period before taxes | 9903 | €1,976,760 | €3,331,716 | +€1.4m | +68.5% |
| Income taxes | 67/77 | €787 | €738 | -€49 | -6.3% |
| Taxes | 670/3 | €787 | €738 | -€49 | -6.3% |
| Profit (loss) for the period | 9904 | €1,975,973 | €3,330,978 | +€1.4m | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,975,973 | €3,330,978 | +€1.4m | +68.6% |
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 25 October 2026 via checked.be.