ACLAGRO: 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.
What changed
ACLAGRO
NACE 43.110, Demolition
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €715,142+€1.3m
Equity
€11.3m
2024 · €9.8m+€1.5m
Cash
€3.0m
2024 · €2.1m+€947,614
Balance sheet total
€42.6m
2024 · €50.0m-€7.4m
Largest movements
Assets
- Receivables within one year -€7.7m
down €7.7m (-20.6%), from €37.5m to €29.8m
of which Trade receivables: -€6.8m
- Cash +€947,614
up €947,614 (+45.9%), from €2.1m to €3.0m
mainly Receivables within one year (+€7.7m) and Net result for the year (+€2.0m)
- Tangible fixed assets -€555,041
down €555,041 (-24.2%), from €2.3m to €1.7m
of which Plant, machinery and equipment: -€366,320
Equity and liabilities
- Trade debts -€3.2m
down €3.2m (-16.1%), from €19.7m to €16.5m
- Advances received -€2.4m
down €2.4m (-61.3%), from €3.9m to €1.5m
- Short-term financial debts -€2.1m
down €2.1m (-20.4%), from €10.1m to €8.0m
- Profit (loss) carried forward +€1.5m
up €1.5m, from -€428,407 to €1.1m
- Other debts -€890,356
down €890,356 (-37.5%), from €2.4m to €1.5m
Income statement
- Goods and materials -€5.6m
down €5.6m (-8.9%), from €63.3m to €57.6m
of which Purchases: -€5.3m
- Turnover -€5.3m
down €5.3m (-5.4%), from €99.4m to €94.1m
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.
Result 2024
€715,142
Turnover
-€5.3m
Other operating income
+€587,076
Goods and materials
+€5.6m
Services and other goods
-€239,537
Staff costs
+€823,344
Depreciation
-€201,279
Write-downs
-€150,947
Provisions
+€168,302
Other operating charges
-€157,339
Other operating items
+€613,075
Financial income
+€185,554
Financial charges
+€83,123
Taxes
-€724,425
Deferred taxes and other
-€3,082
Result 2025
€2.0m
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.
From operations
+€4.3m
Investment
-€493,706
Financing
-€2.8m
Cash 2024
€2.1m
From operations (derived)
+€4.3m
Net result for the year
+€2.0m
Depreciation
+€980,247
Stocks and contracts
-€98,366
Receivables within one year
+€7.7m
Deferred charges and accrued income
+€216,721
Provisions
-€177,182
Trade debts
-€3.2m
Tax, wage and social debts
+€88,446
Advances received
-€2.4m
Other debts
-€890,356
Accrued charges and deferred income
-€43,505
Investment (derived)
-€493,706
Investment in fixed assets (net)
-€493,706
Financing
-€2.8m
Debts after one year
-€276,525
Current portion of long-term debt
+€9,511
Short-term financial debts
-€2.1m
Contributions, distributions and other
-€503,989
Cash 2025
€3.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,985,433 | €42,598,795 | -€7.4m | -14.8% |
| Fixed assets | 21/28 | €8,616,260 | €8,129,719 | -€486,541 | -5.6% |
| Intangible fixed assets | 21 | €462,500 | €412,500 | -€50,000 | -10.8% |
| Tangible fixed assets | 22/27 | €2,294,185 | €1,739,144 | -€555,041 | -24.2% |
| Plant, machinery and equipment | 23 | €883,467 | €517,147 | -€366,320 | -41.5% |
| Furniture and vehicles | 24 | €74,426 | €46,444 | -€27,982 | -37.6% |
| Leasing and similar rights | 25 | €870,255 | €579,904 | -€290,350 | -33.4% |
| Other tangible fixed assets | 26 | €315,430 | €595,649 | +€280,220 | +88.8% |
| Assets under construction and advance payments | 27 | €150,609 | - | -€150,609 | |
| Financial fixed assets | 28 | €5,859,575 | €5,978,075 | +€118,500 | +2.0% |
| Affiliated companies | 280/1 | €4,481,500 | €4,600,000 | +€118,500 | +2.6% |
| Participating interests | 280 | €3,030,750 | €4,600,000 | +€1.6m | +51.8% |
| Amounts receivable | 281 | €1,450,750 | - | -€1.5m | |
| Other financial fixed assets | 284/8 | €1,378,075 | €1,378,075 | = | 0.0% |
| Shares | 284 | €129,525 | €129,525 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,248,550 | €1,248,550 | = | 0.0% |
| Current assets | 29/58 | €41,369,173 | €34,469,076 | -€6.9m | -16.7% |
| Stocks and contracts in progress | 3 | €1,265,412 | €1,363,778 | +€98,366 | +7.8% |
| Stocks | 30/36 | €1,214,639 | €1,363,778 | +€149,139 | +12.3% |
| Raw materials and consumables | 30/31 | €1,214,639 | €1,363,778 | +€149,139 | +12.3% |
| Contracts in progress | 37 | €50,773 | - | -€50,773 | |
| Amounts receivable within one year | 40/41 | €37,513,061 | €29,783,704 | -€7.7m | -20.6% |
| Trade receivables | 40 | €32,480,594 | €25,727,738 | -€6.8m | -20.8% |
| Other amounts receivable | 41 | €5,032,467 | €4,055,966 | -€976,502 | -19.4% |
| Cash at bank and in hand | 54/58 | €2,065,867 | €3,013,481 | +€947,614 | +45.9% |
| Deferred charges and accrued income | 490/1 | €524,833 | €308,112 | -€216,721 | -41.3% |
| Total equity and liabilities | 10/49 | €49,985,433 | €42,598,795 | -€7.4m | -14.8% |
| Equity | 10/15 | €9,836,924 | €11,341,304 | +€1.5m | +15.3% |
| Contributions | 10/11 | €590,425 | €590,425 | = | 0.0% |
| Capital | 10 | €590,425 | €590,425 | = | 0.0% |
| Issued capital | 100 | €590,425 | €590,425 | = | 0.0% |
| Reserves | 13 | €9,579,325 | €9,570,508 | -€8,817 | -0.1% |
| Non-distributable reserves | 130/1 | €208,732 | €208,732 | = | 0.0% |
| Legal reserve | 130 | €59,043 | €59,043 | = | 0.0% |
| Reserves not available under the articles | 1311 | €149,689 | €149,689 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,370,593 | €9,361,776 | -€8,817 | -0.1% |
| Profit (loss) carried forward | 14 | -€428,407 | €1,088,780 | +€1.5m | |
| Investment grants | 15 | €95,580 | €91,591 | -€3,989 | -4.2% |
| Provisions and deferred taxes | 16 | €569,375 | €392,194 | -€177,182 | -31.1% |
| Provisions for liabilities and charges | 160/5 | €564,298 | €392,194 | -€172,104 | -30.5% |
| Major repairs and maintenance | 162 | €320,901 | €231,345 | -€89,556 | -27.9% |
| Other liabilities and charges | 164/5 | €243,397 | €160,848 | -€82,549 | -33.9% |
| Deferred taxes | 168 | €5,077 | - | -€5,077 | |
| Amounts payable | 17/49 | €39,579,134 | €30,865,297 | -€8.7m | -22.0% |
| Amounts payable after more than one year | 17 | €582,203 | €305,678 | -€276,525 | -47.5% |
| Financial debts | 170/4 | €582,203 | €305,678 | -€276,525 | -47.5% |
| Leasing and similar obligations | 172 | €582,203 | €305,678 | -€276,525 | -47.5% |
| Amounts payable within one year | 42/48 | €38,549,920 | €30,156,113 | -€8.4m | -21.8% |
| Current portion of amounts payable after more than one year | 42 | €267,015 | €276,525 | +€9,511 | +3.6% |
| Financial debts | 43 | €10,101,423 | €8,043,216 | -€2.1m | -20.4% |
| Credit institutions | 430/8 | €10,101,423 | €8,043,216 | -€2.1m | -20.4% |
| Trade debts | 44 | €19,716,306 | €16,537,082 | -€3.2m | -16.1% |
| Suppliers | 440/4 | €19,716,306 | €16,537,082 | -€3.2m | -16.1% |
| Advances received on contracts in progress | 46 | €3,853,306 | €1,489,331 | -€2.4m | -61.3% |
| Taxes, remuneration and social security | 45 | €2,235,600 | €2,324,047 | +€88,446 | +4.0% |
| Taxes | 450/3 | €210,658 | €343,843 | +€133,185 | +63.2% |
| Remuneration and social security | 454/9 | €2,024,943 | €1,980,204 | -€44,738 | -2.2% |
| Other amounts payable | 47/48 | €2,376,269 | €1,485,913 | -€890,356 | -37.5% |
| Accrued charges and deferred income | 492/3 | €447,011 | €403,506 | -€43,505 | -9.7% |
| Operating income | 70/76A | €100,951,986 | €96,795,116 | -€4.2m | -4.1% |
| Turnover | 70 | €99,389,983 | €94,051,486 | -€5.3m | -5.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€1,035,226 | -€50,773 | +€984,453 | +95.1% |
| Own construction capitalised | 72 | €224,208 | €230,880 | +€6,672 | +3.0% |
| Other operating income | 74 | €1,976,446 | €2,563,522 | +€587,076 | +29.7% |
| Non-recurring operating income | 76A | €396,576 | - | -€396,576 | |
| Operating charges | 60/66A | €99,651,112 | €93,742,183 | -€5.9m | -5.9% |
| Goods for resale, raw materials and consumables | 60 | €63,268,630 | €57,620,771 | -€5.6m | -8.9% |
| Purchases | 600/8 | €63,351,693 | €58,056,844 | -€5.3m | -8.4% |
| Change in stocks: decrease (increase) | 609 | -€83,063 | -€436,073 | -€353,009 | -425.0% |
| Services and other goods | 61 | €13,406,166 | €13,645,703 | +€239,537 | +1.8% |
| Remuneration, social security and pensions | 62 | €21,922,358 | €21,099,014 | -€823,344 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778,968 | €980,247 | +€201,279 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,315 | €148,632 | +€150,947 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,802 | -€172,104 | -€168,302 | -4426.2% |
| Other operating charges | 640/8 | €262,582 | €419,920 | +€157,339 | +59.9% |
| Non-recurring operating charges | 66A | €18,526 | - | -€18,526 | |
| Operating profit (loss) | 9901 | €1,300,875 | €3,052,932 | +€1.8m | +134.7% |
| Financial income | 75/76B | €173,727 | €359,281 | +€185,554 | +106.8% |
| Recurring financial income | 75 | €173,727 | €302,760 | +€129,033 | +74.3% |
| Income from financial fixed assets | 750 | €29,094 | €14,388 | -€14,706 | -50.5% |
| Income from current assets | 751 | €60,004 | €234,288 | +€174,284 | +290.5% |
| Other financial income | 752/9 | €84,629 | €54,084 | -€30,545 | -36.1% |
| Non-recurring financial income | 76B | - | €56,521 | +€56,521 | |
| Financial charges | 65/66B | €685,718 | €602,595 | -€83,123 | -12.1% |
| Recurring financial charges | 65 | €685,718 | €602,595 | -€83,123 | -12.1% |
| Debt charges | 650 | €614,287 | €505,131 | -€109,156 | -17.8% |
| Other financial charges | 652/9 | €71,431 | €97,465 | +€26,034 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €788,884 | €2,809,619 | +€2.0m | +256.2% |
| Transfer from deferred taxes | 780 | €8,159 | €5,077 | -€3,082 | -37.8% |
| Income taxes | 67/77 | €81,901 | €806,327 | +€724,425 | +884.5% |
| Taxes | 670/3 | €81,901 | €806,327 | +€724,425 | +884.5% |
| Profit (loss) for the period | 9904 | €715,142 | €2,008,369 | +€1.3m | +180.8% |
| Transfer from tax-exempt reserves | 789 | €14,169 | €8,817 | -€5,352 | -37.8% |
| Profit (loss) for the period to be appropriated | 9905 | €729,311 | €2,017,187 | +€1.3m | +176.6% |
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.