ACLE Titres-Services: 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.
ACLE Titres-Services
Largest movements
- Cash +€63,974
up €63,974 (+20.3%), from €314,708 to €378,683
mainly Net result for the year (+€84,382) and Tax, wage and social debts (+€35,545)
- Deferred charges and accrued income +€50,758
up €50,758 (+557.4%), from €9,106 to €59,865
- Receivables within one year +€24,489
up €24,489 (+51.9%), from €47,166 to €71,655
of which Trade receivables: +€15,247
- Profit (loss) carried forward +€84,382
up €84,382, from -€50,639 to €33,743
- Tax, wage and social debts +€35,545
up €35,545 (+51.5%), from €69,052 to €104,598
of which Remuneration and social security: +€35,148
- Other debts +€29,792
up €29,792 (+235.8%), from €12,635 to €42,427
- Trade debts -€21,115
down €21,115 (-96.7%), from €21,840 to €725
- Debts after one year +€10,000
up €10,000 (+5.0%), from €200,000 to €210,000
- Gross operating margin +€413,989
up €413,989 (+53.4%), from €775,643 to €1.2m
- Staff costs +€278,328
up €278,328 (+34.2%), from €814,321 to €1.1m
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.
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 | €386,660 | €520,705 | +€134,045 | +34.7% |
| Fixed assets | 21/28 | €15,679 | €10,502 | -€5,177 | -33.0% |
| Tangible fixed assets | 22/27 | €15,316 | €10,139 | -€5,177 | -33.8% |
| Plant, machinery and equipment | 23 | €3,175 | €2,512 | -€662 | -20.9% |
| Furniture and vehicles | 24 | €12,142 | €7,627 | -€4,515 | -37.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €370,981 | €510,203 | +€139,222 | +37.5% |
| Amounts receivable within one year | 40/41 | €47,166 | €71,655 | +€24,489 | +51.9% |
| Trade receivables | 40 | €35,238 | €50,484 | +€15,247 | +43.3% |
| Other amounts receivable | 41 | €11,928 | €21,171 | +€9,243 | +77.5% |
| Cash at bank and in hand | 54/58 | €314,708 | €378,683 | +€63,974 | +20.3% |
| Deferred charges and accrued income | 490/1 | €9,106 | €59,865 | +€50,758 | +557.4% |
| Total equity and liabilities | 10/49 | €386,660 | €520,705 | +€134,045 | +34.7% |
| Equity | 10/15 | €68,560 | €152,942 | +€84,382 | +123.1% |
| Contributions | 10/11 | €103,200 | €103,200 | = | 0.0% |
| Revaluation surpluses | 12 | €11,549 | €7,099 | -€4,450 | -38.5% |
| Reserves | 13 | €4,450 | €8,900 | +€4,450 | +100.0% |
| Distributable reserves | 133 | €4,450 | €8,900 | +€4,450 | +100.0% |
| Profit (loss) carried forward | 14 | -€50,639 | €33,743 | +€84,382 | |
| Amounts payable | 17/49 | €318,100 | €367,763 | +€49,663 | +15.6% |
| Amounts payable after more than one year | 17 | €200,000 | €210,000 | +€10,000 | +5.0% |
| Other amounts payable | 178/9 | €200,000 | €210,000 | +€10,000 | +5.0% |
| Amounts payable within one year | 42/48 | €103,527 | €147,750 | +€44,222 | +42.7% |
| Trade debts | 44 | €21,840 | €725 | -€21,115 | -96.7% |
| Suppliers | 440/4 | €21,840 | €725 | -€21,115 | -96.7% |
| Taxes, remuneration and social security | 45 | €69,052 | €104,598 | +€35,545 | +51.5% |
| Taxes | 450/3 | €1,971 | €2,368 | +€397 | +20.1% |
| Remuneration and social security | 454/9 | €67,081 | €102,229 | +€35,148 | +52.4% |
| Other amounts payable | 47/48 | €12,635 | €42,427 | +€29,792 | +235.8% |
| Accrued charges and deferred income | 492/3 | €14,573 | €10,013 | -€4,559 | -31.3% |
| Remuneration, social security and pensions | 62 | €814,321 | €1,092,649 | +€278,328 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,594 | €6,356 | -€238 | -3.6% |
| Other operating charges | 640/8 | €916 | €2,717 | +€1,801 | +196.6% |
| Gross operating margin | 9900 | €775,643 | €1,189,632 | +€413,989 | +53.4% |
| Operating profit (loss) | 9901 | -€46,188 | €87,910 | +€134,098 | |
| Financial income | 75/76B | €609 | €1,776 | +€1,166 | +191.5% |
| Recurring financial income | 75 | €609 | €1,776 | +€1,166 | +191.5% |
| Financial charges | 65/66B | €5,060 | €5,304 | +€244 | +4.8% |
| Recurring financial charges | 65 | €5,060 | €5,304 | +€244 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€50,639 | €84,382 | +€135,021 | |
| Profit (loss) for the period | 9904 | -€50,639 | €84,382 | +€135,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€50,639 | €84,382 | +€135,021 |
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 30 September 2026 via checked.be.