ACKED: 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.
ACKED
Largest movements
- Cash +€33,501
up €33,501 (+26.4%), from €127,020 to €160,521
mainly Net result for the year (+€95,372) and Tax, wage and social debts (+€11,795)
- Receivables within one year +€30,796
up €30,796 (+107.1%), from €28,765 to €59,561
of which Trade receivables: +€17,440
- Tangible fixed assets +€13,296
up €13,296 (+134.2%), from €9,908 to €23,203
- Current investments +€12,000
up €12,000 (+61.2%), from €19,611 to €31,611
- Reserves +€95,372
up €95,372 (+65.3%), from €145,955 to €241,326
- Other debts -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Tax, wage and social debts +€11,795
up €11,795 (+39.3%), from €29,987 to €41,782
- Financial income +€16,663
up €16,663 (+1198.9%), from €1,390 to €18,053
- Gross operating margin -€7,112
down €7,112 (-6.3%), from €112,062 to €104,950
- Depreciation +€3,640
up €3,640 (+216.5%), from €1,681 to €5,322
- Taxes -€2,672
down €2,672 (-11.8%), from €22,658 to €19,985
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 | €200,425 | €290,274 | +€89,849 | +44.8% |
| Fixed assets | 21/28 | €24,908 | €38,203 | +€13,296 | +53.4% |
| Tangible fixed assets | 22/27 | €9,908 | €23,203 | +€13,296 | +134.2% |
| Plant, machinery and equipment | 23 | €2,274 | €5,320 | +€3,046 | +134.0% |
| Furniture and vehicles | 24 | €7,634 | €12,550 | +€4,916 | +64.4% |
| Other tangible fixed assets | 26 | - | €5,333 | +€5,333 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €175,518 | €252,071 | +€76,553 | +43.6% |
| Amounts receivable within one year | 40/41 | €28,765 | €59,561 | +€30,796 | +107.1% |
| Trade receivables | 40 | €15,246 | €32,686 | +€17,440 | +114.4% |
| Other amounts receivable | 41 | €13,519 | €26,875 | +€13,356 | +98.8% |
| Current investments | 50/53 | €19,611 | €31,611 | +€12,000 | +61.2% |
| Cash at bank and in hand | 54/58 | €127,020 | €160,521 | +€33,501 | +26.4% |
| Deferred charges and accrued income | 490/1 | €121 | €377 | +€256 | +211.1% |
| Total equity and liabilities | 10/49 | €200,425 | €290,274 | +€89,849 | +44.8% |
| Equity | 10/15 | €151,955 | €247,326 | +€95,372 | +62.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €145,955 | €241,326 | +€95,372 | +65.3% |
| Distributable reserves | 133 | €145,955 | €241,326 | +€95,372 | +65.3% |
| Amounts payable | 17/49 | €48,471 | €42,948 | -€5,523 | -11.4% |
| Amounts payable within one year | 42/48 | €48,471 | €42,948 | -€5,523 | -11.4% |
| Financial debts | 43 | €86 | €218 | +€132 | +154.2% |
| Credit institutions | 430/8 | €86 | €218 | +€132 | +154.2% |
| Trade debts | 44 | €3,398 | €947 | -€2,450 | -72.1% |
| Suppliers | 440/4 | €3,398 | €947 | -€2,450 | -72.1% |
| Taxes, remuneration and social security | 45 | €29,987 | €41,782 | +€11,795 | +39.3% |
| Taxes | 450/3 | €29,987 | €41,782 | +€11,795 | +39.3% |
| Other amounts payable | 47/48 | €15,000 | €0 | -€15,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,681 | €5,322 | +€3,640 | +216.5% |
| Other operating charges | 640/8 | €741 | €714 | -€27 | -3.6% |
| Gross operating margin | 9900 | €112,062 | €104,950 | -€7,112 | -6.3% |
| Operating profit (loss) | 9901 | €109,640 | €98,914 | -€10,726 | -9.8% |
| Financial income | 75/76B | €1,390 | €18,053 | +€16,663 | +1198.9% |
| Recurring financial income | 75 | €1,390 | €18,053 | +€16,663 | +1198.9% |
| Financial charges | 65/66B | €1,994 | €1,610 | -€384 | -19.3% |
| Recurring financial charges | 65 | €1,994 | €1,610 | -€384 | -19.3% |
| Profit (loss) for the period before taxes | 9903 | €109,035 | €115,357 | +€6,322 | +5.8% |
| Income taxes | 67/77 | €22,658 | €19,985 | -€2,672 | -11.8% |
| Profit (loss) for the period | 9904 | €86,378 | €95,372 | +€8,994 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €86,378 | €95,372 | +€8,994 | +10.4% |
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 3 October 2026 via checked.be.