ACKX: 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
ACKX
NACE 01.110, Growing of cereals (except rice), leguminous crops and oil seeds
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€120,525
2023 · €1.1m-€945,066
Equity
€6.1m
2023 · €6.0m+€120,525
Cash
€3,406
2023 · €67,967-€64,561
Balance sheet total
€7.5m
2023 · €6.7m+€727,787
Largest movements
Assets
- Receivables within one year +€904,274
up €904,274 (+37.7%), from €2.4m to €3.3m
of which Other amounts receivable: +€733,516
- Tangible fixed assets -€111,794
down €111,794 (-2.6%), from €4.3m to €4.2m
of which Furniture and vehicles: -€291,668
Equity and liabilities
- Advances received +€380,000
new in 2024: €380,000
- Debts after one year +€136,293
up €136,293 (+57.1%), from €238,657 to €374,950
- Reserves +€120,525
up €120,525 (+2.0%), from €5.9m to €6.0m
of which Distributable reserves: +€183,073
Income statement
- Gross operating margin -€1.5m
down €1.5m (-72.8%), from €2.0m to €555,441
- Other operating charges -€170,468
down €170,468 (-91.1%), from €187,031 to €16,563
- Depreciation +€82,535
up €82,535 (+26.8%), from €307,677 to €390,212
- Financial charges -€65,085
down €65,085 (-81.0%), from €80,348 to €15,263
- Taxes +€58,078
up €58,078 (+644%), from €9,021 to €67,099
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.
Result 2023
€1.1m
Gross operating margin
-€1.5m
Staff costs
+€9,721
Depreciation
-€82,535
Other operating charges
+€170,468
Other operating items
+€11,313
Financial income
+€29,453
Financial charges
+€65,085
Taxes
-€58,078
Deferred taxes and other
+€392,648
Result 2024
€120,525
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€63,940
Investment
-€278,417
Financing
+€149,916
Cash 2023
€67,967
From operations (derived)
+€63,940
Net result for the year
+€120,525
Depreciation
+€390,212
Receivables within one year
-€904,274
Deferred charges and accrued income
+€131
Provisions
-€20,850
Trade debts
+€37,918
Tax, wage and social debts
+€53,229
Advances received
+€380,000
Other debts
+€7,049
Investment (derived)
-€278,417
Investment in fixed assets (net)
-€278,417
Financing
+€149,916
Debts after one year
+€136,293
Current portion of long-term debt
+€13,624
Cash 2024
€3,406
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,744,886 | €7,472,673 | +€727,787 | +10.8% |
| Fixed assets | 21/28 | €4,275,846 | €4,164,052 | -€111,794 | -2.6% |
| Tangible fixed assets | 22/27 | €4,275,036 | €4,163,242 | -€111,794 | -2.6% |
| Land and buildings | 22 | €2,499,455 | €2,826,464 | +€327,008 | +13.1% |
| Plant, machinery and equipment | 23 | €826,989 | €747,234 | -€79,756 | -9.6% |
| Furniture and vehicles | 24 | €493,820 | €202,152 | -€291,668 | -59.1% |
| Leasing and similar rights | 25 | €454,771 | €387,393 | -€67,379 | -14.8% |
| Financial fixed assets | 28 | €810 | €810 | = | 0.0% |
| Current assets | 29/58 | €2,469,039 | €3,308,621 | +€839,581 | +34.0% |
| Amounts receivable within one year | 40/41 | €2,400,941 | €3,305,215 | +€904,274 | +37.7% |
| Trade receivables | 40 | €199,235 | €369,993 | +€170,758 | +85.7% |
| Other amounts receivable | 41 | €2,201,706 | €2,935,222 | +€733,516 | +33.3% |
| Cash at bank and in hand | 54/58 | €67,967 | €3,406 | -€64,561 | -95.0% |
| Deferred charges and accrued income | 490/1 | €131 | - | -€131 | |
| Total equity and liabilities | 10/49 | €6,744,886 | €7,472,673 | +€727,787 | +10.8% |
| Equity | 10/15 | €5,999,453 | €6,119,978 | +€120,525 | +2.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €5,924,453 | €6,044,978 | +€120,525 | +2.0% |
| Non-distributable reserves | 130/1 | €7,506 | €7,506 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Other | 1319 | €6 | €6 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,168,894 | €1,106,345 | -€62,549 | -5.4% |
| Distributable reserves | 133 | €4,748,053 | €4,931,126 | +€183,073 | +3.9% |
| Provisions and deferred taxes | 16 | €381,593 | €360,743 | -€20,850 | -5.5% |
| Deferred taxes | 168 | €381,593 | €360,743 | -€20,850 | -5.5% |
| Amounts payable | 17/49 | €363,840 | €991,952 | +€628,112 | +173% |
| Amounts payable after more than one year | 17 | €238,657 | €374,950 | +€136,293 | +57.1% |
| Financial debts | 170/4 | €238,657 | €374,950 | +€136,293 | +57.1% |
| Amounts payable within one year | 42/48 | €125,183 | €617,002 | +€491,820 | +393% |
| Current portion of amounts payable after more than one year | 42 | €96,046 | €109,670 | +€13,624 | +14.2% |
| Trade debts | 44 | €15,492 | €53,409 | +€37,918 | +245% |
| Suppliers | 440/4 | €15,492 | €53,409 | +€37,918 | +245% |
| Advances received on contracts in progress | 46 | - | €380,000 | +€380,000 | |
| Taxes, remuneration and social security | 45 | €762 | €53,991 | +€53,229 | +6,985% |
| Taxes | 450/3 | - | €53,991 | +€53,991 | |
| Remuneration and social security | 454/9 | €762 | - | -€762 | |
| Other amounts payable | 47/48 | €12,883 | €19,932 | +€7,049 | +54.7% |
| Non-recurring operating income | 76A | €2,029,293 | - | -€2.0m | |
| Remuneration, social security and pensions | 62 | €9,825 | €104 | -€9,721 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €307,677 | €390,212 | +€82,535 | +26.8% |
| Other operating charges | 640/8 | €187,031 | €16,563 | -€170,468 | -91.1% |
| Non-recurring operating charges | 66A | €11,313 | - | -€11,313 | |
| Gross operating margin | 9900 | €2,038,582 | €555,441 | -€1.5m | -72.8% |
| Operating profit (loss) | 9901 | €1,522,737 | €148,564 | -€1.4m | -90.2% |
| Financial income | 75/76B | €4,020 | €33,473 | +€29,453 | +733% |
| Recurring financial income | 75 | €4,020 | €33,473 | +€29,453 | +733% |
| Financial charges | 65/66B | €80,348 | €15,263 | -€65,085 | -81.0% |
| Recurring financial charges | 65 | €80,348 | €15,263 | -€65,085 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €1,446,410 | €166,774 | -€1.3m | -88.5% |
| Transfer from deferred taxes | 780 | €30,331 | €87,242 | +€56,911 | +188% |
| Transfer to deferred taxes | 680 | €402,129 | €66,393 | -€335,736 | -83.5% |
| Income taxes | 67/77 | €9,021 | €67,099 | +€58,078 | +644% |
| Profit (loss) for the period | 9904 | €1,065,591 | €120,525 | -€945,066 | -88.7% |
| Transfer from tax-exempt reserves | 789 | €90,992 | €261,726 | +€170,734 | +188% |
| Transfer to tax-exempt reserves | 689 | €1,206,387 | €199,178 | -€1.0m | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,804 | €183,073 | +€232,877 |
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 18 October 2026 via checked.be.