ACGT17: 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.
ACGT17
Largest movements
- Stocks and contracts +€186,498
up €186,498 (+158.8%), from €117,408 to €303,907
- Receivables within one year +€63,708
up €63,708 (+44.3%), from €143,909 to €207,617
of which Trade receivables: +€45,184
- Cash +€47,395
new in 2024: €47,395
mainly Trade debts (+€165,432) and Debts after one year (+€150,000)
- Trade debts +€165,432
up €165,432 (+80.9%), from €204,440 to €369,872
- Debts after one year +€150,000
new in 2024: €150,000
- Tax, wage and social debts -€17,635
down €17,635 (-95.7%), from €18,435 to €800
- Profit (loss) carried forward -€15,591
down €15,591, from €5,611 to -€9,980
- Other debts +€12,065
up €12,065 (+220.0%), from €5,485 to €17,549
- Gross operating margin -€23,078
down €23,078, from €17,677 to -€5,402
- Other operating charges -€4,651
down €4,651 (-70.7%), from €6,576 to €1,926
- Taxes -€3,908
no longer reported in 2024 (was €3,908)
- Financial charges +€2,122
up €2,122 (+107.6%), from €1,972 to €4,095
- Depreciation +€570
up €570 (+15.8%), from €3,602 to €4,172
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,813 | €578,242 | +€293,429 | +103.0% |
| Fixed assets | 21/28 | €21,412 | €17,240 | -€4,172 | -19.5% |
| Tangible fixed assets | 22/27 | €19,412 | €15,240 | -€4,172 | -21.5% |
| Land and buildings | 22 | €10,075 | €8,952 | -€1,123 | -11.1% |
| Plant, machinery and equipment | 23 | €1,069 | €471 | -€598 | -55.9% |
| Furniture and vehicles | 24 | €8,268 | €5,816 | -€2,452 | -29.7% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €263,401 | €561,002 | +€297,601 | +113.0% |
| Stocks and contracts in progress | 3 | €117,408 | €303,907 | +€186,498 | +158.8% |
| Stocks | 30/36 | €117,408 | €303,907 | +€186,498 | +158.8% |
| Amounts receivable within one year | 40/41 | €143,909 | €207,617 | +€63,708 | +44.3% |
| Trade receivables | 40 | €140,301 | €185,485 | +€45,184 | +32.2% |
| Other amounts receivable | 41 | €3,609 | €22,132 | +€18,524 | +513.3% |
| Cash at bank and in hand | 54/58 | - | €47,395 | +€47,395 | |
| Deferred charges and accrued income | 490/1 | €2,083 | €2,083 | = | 0.0% |
| Total equity and liabilities | 10/49 | €284,813 | €578,242 | +€293,429 | +103.0% |
| Equity | 10/15 | €55,611 | €40,020 | -€15,591 | -28.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,611 | -€9,980 | -€15,591 | |
| Amounts payable | 17/49 | €229,202 | €538,221 | +€309,019 | +134.8% |
| Amounts payable after more than one year | 17 | - | €150,000 | +€150,000 | |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €229,202 | €388,221 | +€159,019 | +69.4% |
| Financial debts | 43 | €842 | - | -€842 | |
| Credit institutions | 430/8 | €842 | - | -€842 | |
| Trade debts | 44 | €204,440 | €369,872 | +€165,432 | +80.9% |
| Suppliers | 440/4 | €204,440 | €369,872 | +€165,432 | +80.9% |
| Taxes, remuneration and social security | 45 | €18,435 | €800 | -€17,635 | -95.7% |
| Taxes | 450/3 | €18,435 | €800 | -€17,635 | -95.7% |
| Other amounts payable | 47/48 | €5,485 | €17,549 | +€12,065 | +220.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,602 | €4,172 | +€570 | +15.8% |
| Other operating charges | 640/8 | €6,576 | €1,926 | -€4,651 | -70.7% |
| Gross operating margin | 9900 | €17,677 | -€5,402 | -€23,078 | |
| Operating profit (loss) | 9901 | €7,498 | -€11,500 | -€18,998 | |
| Financial income | 75/76B | €296 | €4 | -€292 | -98.8% |
| Recurring financial income | 75 | €296 | €4 | -€292 | -98.8% |
| Financial charges | 65/66B | €1,972 | €4,095 | +€2,122 | +107.6% |
| Recurring financial charges | 65 | €1,972 | €4,095 | +€2,122 | +107.6% |
| Profit (loss) for the period before taxes | 9903 | €5,822 | -€15,591 | -€21,413 | |
| Income taxes | 67/77 | €3,908 | - | -€3,908 | |
| Profit (loss) for the period | 9904 | €1,914 | -€15,591 | -€17,505 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,914 | -€15,591 | -€17,505 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.