ACIKO: 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.
ACIKO
Largest movements
- Cash +€100,220
up €100,220 (+15.7%), from €640,240 to €740,460
mainly Receivables within one year (+€70,235) and Other debts (+€48,000)
- Receivables within one year -€70,235
down €70,235 (-24.9%), from €282,221 to €211,986
of which Trade receivables: -€118,710
- Reserves -€48,000
down €48,000 (-11.1%), from €430,763 to €382,763
of which Tax-exempt reserves: -€98,935
- Other debts +€48,000
new in 2025: €48,000
- Profit (loss) carried forward +€43,570
up €43,570 (+11.0%), from €396,413 to €439,983
- Tax, wage and social debts -€24,207
down €24,207 (-88.9%), from €27,221 to €3,014
of which Taxes: -€24,323
- Trade debts +€11,830
up €11,830 (+18.8%), from €62,925 to €74,755
- Gross operating margin -€87,469
down €87,469 (-56.8%), from €154,092 to €66,623
- Taxes -€18,932
down €18,932 (-50.3%), from €37,675 to €18,743
- Financial income -€4,400
down €4,400 (-42.5%), from €10,363 to €5,963
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 | €947,358 | €978,580 | +€31,222 | +3.3% |
| Fixed assets | 21/28 | €7,343 | €5,670 | -€1,673 | -22.8% |
| Tangible fixed assets | 22/27 | €7,293 | €5,620 | -€1,673 | -22.9% |
| Land and buildings | 22 | €5,337 | €4,184 | -€1,153 | -21.6% |
| Plant, machinery and equipment | 23 | €1,589 | €1,192 | -€397 | -25.0% |
| Furniture and vehicles | 24 | €367 | €244 | -€123 | -33.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €940,015 | €972,910 | +€32,895 | +3.5% |
| Stocks and contracts in progress | 3 | €17,054 | €20,464 | +€3,410 | +20.0% |
| Stocks | 30/36 | €17,054 | €20,464 | +€3,410 | +20.0% |
| Amounts receivable within one year | 40/41 | €282,221 | €211,986 | -€70,235 | -24.9% |
| Trade receivables | 40 | €185,126 | €66,416 | -€118,710 | -64.1% |
| Other amounts receivable | 41 | €97,095 | €145,570 | +€48,475 | +49.9% |
| Cash at bank and in hand | 54/58 | €640,240 | €740,460 | +€100,220 | +15.7% |
| Deferred charges and accrued income | 490/1 | €500 | - | -€500 | |
| Total equity and liabilities | 10/49 | €947,358 | €978,580 | +€31,222 | +3.3% |
| Equity | 10/15 | €847,176 | €842,746 | -€4,430 | -0.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €430,763 | €382,763 | -€48,000 | -11.1% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Tax-exempt reserves | 132 | €98,935 | - | -€98,935 | |
| Distributable reserves | 133 | €329,828 | €382,763 | +€52,935 | +16.0% |
| Profit (loss) carried forward | 14 | €396,413 | €439,983 | +€43,570 | +11.0% |
| Amounts payable | 17/49 | €100,182 | €135,834 | +€35,652 | +35.6% |
| Amounts payable within one year | 42/48 | €100,182 | €135,834 | +€35,652 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €10,036 | €10,065 | +€29 | +0.3% |
| Trade debts | 44 | €62,925 | €74,755 | +€11,830 | +18.8% |
| Suppliers | 440/4 | €62,925 | €74,755 | +€11,830 | +18.8% |
| Taxes, remuneration and social security | 45 | €27,221 | €3,014 | -€24,207 | -88.9% |
| Taxes | 450/3 | €26,850 | €2,527 | -€24,323 | -90.6% |
| Remuneration and social security | 454/9 | €371 | €487 | +€116 | +31.3% |
| Other amounts payable | 47/48 | - | €48,000 | +€48,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,286 | €1,673 | -€613 | -26.8% |
| Other operating charges | 640/8 | €3,537 | €4,470 | +€933 | +26.4% |
| Gross operating margin | 9900 | €154,092 | €66,623 | -€87,469 | -56.8% |
| Operating profit (loss) | 9901 | €148,269 | €60,480 | -€87,789 | -59.2% |
| Financial income | 75/76B | €10,363 | €5,963 | -€4,400 | -42.5% |
| Recurring financial income | 75 | €10,363 | €5,963 | -€4,400 | -42.5% |
| Financial charges | 65/66B | €2,901 | €4,130 | +€1,229 | +42.4% |
| Recurring financial charges | 65 | €2,901 | €4,130 | +€1,229 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €155,731 | €62,313 | -€93,418 | -60.0% |
| Income taxes | 67/77 | €37,675 | €18,743 | -€18,932 | -50.3% |
| Profit (loss) for the period | 9904 | €118,056 | €43,570 | -€74,486 | -63.1% |
| Transfer from tax-exempt reserves | 789 | - | €98,935 | +€98,935 | |
| Profit (loss) for the period to be appropriated | 9905 | €118,056 | €142,505 | +€24,449 | +20.7% |
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.