ACK GROUP: 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.
ACK GROUP
Largest movements
- Receivables within one year +€307,427
up €307,427 (+19.9%), from €1.5m to €1.9m
of which Other amounts receivable: +€202,125
- Cash -€201,820
down €201,820 (-16.0%), from €1.3m to €1.1m
mainly Receivables within one year (-€307,427) and Debts after one year (-€143,003)
- Tangible fixed assets -€84,536
down €84,536 (-13.2%), from €642,517 to €557,981
of which Furniture and vehicles: -€51,760
- Trade debts +€255,464
up €255,464 (+41.6%), from €614,556 to €870,019
- Debts after one year -€143,003
down €143,003 (-28.0%), from €510,634 to €367,631
- Tax, wage and social debts -€100,921
down €100,921 (-39.2%), from €257,629 to €156,707
of which Remuneration and social security: -€100,970
- Short-term financial debts -€80,618
down €80,618 (-43.7%), from €184,431 to €103,812
- Current portion of long-term debt +€75,418
up €75,418 (+126.5%), from €59,621 to €135,039
- Gross operating margin -€1.3m
down €1.3m (-47.7%), from €2.6m to €1.4m
- Staff costs -€868,687
down €868,687 (-40.7%), from €2.1m to €1.3m
- Financial income +€84,267
up €84,267 (+6823.2%), from €1,235 to €85,502
of which Non-recurring financial income: +€84,782
- Depreciation -€65,603
down €65,603 (-38.6%), from €170,139 to €104,536
- Taxes -€60,974
down €60,974 (-61.4%), from €99,355 to €38,381
From the 30-06-2024 result to the 31-12-2024 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 30-06-2024 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-06-2024 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,457,145 | €3,476,131 | +€18,986 | +0.5% |
| Fixed assets | 21/28 | €643,517 | €558,981 | -€84,536 | -13.1% |
| Tangible fixed assets | 22/27 | €642,517 | €557,981 | -€84,536 | -13.2% |
| Plant, machinery and equipment | 23 | €202,488 | €169,712 | -€32,775 | -16.2% |
| Furniture and vehicles | 24 | €440,029 | €388,268 | -€51,760 | -11.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €2,813,629 | €2,917,150 | +€103,522 | +3.7% |
| Amounts receivable within one year | 40/41 | €1,544,650 | €1,852,077 | +€307,427 | +19.9% |
| Trade receivables | 40 | €1,403,256 | €1,508,558 | +€105,302 | +7.5% |
| Other amounts receivable | 41 | €141,394 | €343,519 | +€202,125 | +143.0% |
| Cash at bank and in hand | 54/58 | €1,263,468 | €1,061,647 | -€201,820 | -16.0% |
| Deferred charges and accrued income | 490/1 | €5,511 | €3,426 | -€2,085 | -37.8% |
| Total equity and liabilities | 10/49 | €3,457,145 | €3,476,131 | +€18,986 | +0.5% |
| Equity | 10/15 | €1,717,654 | €1,735,853 | +€18,198 | +1.1% |
| Contributions | 10/11 | €18,600 | €61,500 | +€42,900 | +230.6% |
| Capital | 10 | €18,600 | €61,500 | +€42,900 | +230.6% |
| Issued capital | 100 | €18,600 | €61,500 | +€42,900 | +230.6% |
| Reserves | 13 | €944,860 | €962,860 | +€18,000 | +1.9% |
| Non-distributable reserves | 130/1 | €944,860 | €1,860 | -€943,000 | -99.8% |
| Legal reserve | 130 | €944,860 | €1,860 | -€943,000 | -99.8% |
| Distributable reserves | 133 | - | €961,000 | +€961,000 | |
| Profit (loss) carried forward | 14 | €754,194 | €711,493 | -€42,702 | -5.7% |
| Amounts payable | 17/49 | €1,739,491 | €1,740,278 | +€787 | 0.0% |
| Amounts payable after more than one year | 17 | €510,634 | €367,631 | -€143,003 | -28.0% |
| Financial debts | 170/4 | €510,634 | €367,631 | -€143,003 | -28.0% |
| Amounts payable within one year | 42/48 | €1,228,857 | €1,372,647 | +€143,790 | +11.7% |
| Current portion of amounts payable after more than one year | 42 | €59,621 | €135,039 | +€75,418 | +126.5% |
| Financial debts | 43 | €184,431 | €103,812 | -€80,618 | -43.7% |
| Credit institutions | 430/8 | €184,431 | €103,812 | -€80,618 | -43.7% |
| Trade debts | 44 | €614,556 | €870,019 | +€255,464 | +41.6% |
| Suppliers | 440/4 | €614,556 | €870,019 | +€255,464 | +41.6% |
| Taxes, remuneration and social security | 45 | €257,629 | €156,707 | -€100,921 | -39.2% |
| Taxes | 450/3 | €24,457 | €24,505 | +€49 | +0.2% |
| Remuneration and social security | 454/9 | €233,172 | €132,202 | -€100,970 | -43.3% |
| Other amounts payable | 47/48 | €112,621 | €107,069 | -€5,552 | -4.9% |
| Non-recurring operating income | 76A | €41 | - | -€41 | |
| Remuneration, social security and pensions | 62 | €2,134,927 | €1,266,240 | -€868,687 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170,139 | €104,536 | -€65,603 | -38.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,968 | +€7,968 | |
| Other operating charges | 640/8 | €10,571 | €12,720 | +€2,149 | +20.3% |
| Gross operating margin | 9900 | €2,649,717 | €1,384,817 | -€1.3m | -47.7% |
| Operating profit (loss) | 9901 | €334,080 | -€6,647 | -€340,727 | |
| Financial income | 75/76B | €1,235 | €85,502 | +€84,267 | +6823.2% |
| Recurring financial income | 75 | €1,235 | €720 | -€515 | -41.7% |
| Non-recurring financial income | 76B | - | €84,782 | +€84,782 | |
| Financial charges | 65/66B | €45,808 | €22,276 | -€23,532 | -51.4% |
| Recurring financial charges | 65 | €45,808 | €22,276 | -€23,532 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €289,507 | €56,579 | -€232,927 | -80.5% |
| Income taxes | 67/77 | €99,355 | €38,381 | -€60,974 | -61.4% |
| Profit (loss) for the period | 9904 | €190,152 | €18,198 | -€171,954 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €190,152 | €18,198 | -€171,954 | -90.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.