ACLP: 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.
ACLP
Largest movements
- Receivables within one year -€165,683
down €165,683 (-88.2%), from €187,750 to €22,067
of which Trade receivables: -€84,947
- Intangible fixed assets -€86,719
down €86,719 (-11.4%), from €758,790 to €672,071
- Cash -€56,745
down €56,745 (-37.6%), from €150,942 to €94,197
mainly Debts after one year (-€391,717) and Other debts (-€78,136)
- Current investments -€37,245
no longer reported in 2025 (was €37,245)
- Tangible fixed assets -€14,396
down €14,396 (-39.8%), from €36,186 to €21,790
of which Furniture and vehicles: -€10,758
- Debts after one year -€391,717
no longer reported in 2025 (was €391,717)
- Trade debts +€140,022
up €140,022 (+126.0%), from €111,095 to €251,117
- Other debts -€78,136
down €78,136 (-18.9%), from €414,203 to €336,068
- Current portion of long-term debt -€56,696
down €56,696 (-57.6%), from €98,413 to €41,717
- Profit (loss) carried forward +€29,999
up €29,999 (+2242.1%), from €1,338 to €31,337
- Gross operating margin -€46,357
down €46,357 (-7.1%), from €652,121 to €605,764
- Staff costs +€23,897
up €23,897 (+5.7%), from €416,937 to €440,835
- Financial income +€20,476
up €20,476 (+232.5%), from €8,807 to €29,282
- Taxes +€8,432
up €8,432 (+29.6%), from €28,464 to €36,896
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 | €1,381,618 | €1,020,659 | -€360,959 | -26.1% |
| Fixed assets | 21/28 | €846,296 | €745,182 | -€101,115 | -11.9% |
| Intangible fixed assets | 21 | €758,790 | €672,071 | -€86,719 | -11.4% |
| Tangible fixed assets | 22/27 | €36,186 | €21,790 | -€14,396 | -39.8% |
| Plant, machinery and equipment | 23 | €13,978 | €15,010 | +€1,031 | +7.4% |
| Furniture and vehicles | 24 | €14,897 | €4,139 | -€10,758 | -72.2% |
| Other tangible fixed assets | 26 | €7,310 | €2,641 | -€4,669 | -63.9% |
| Financial fixed assets | 28 | €51,321 | €51,321 | = | 0.0% |
| Current assets | 29/58 | €535,322 | €275,477 | -€259,845 | -48.5% |
| Stocks and contracts in progress | 3 | €112,334 | €106,307 | -€6,027 | -5.4% |
| Stocks | 30/36 | €112,334 | €106,307 | -€6,027 | -5.4% |
| Amounts receivable within one year | 40/41 | €187,750 | €22,067 | -€165,683 | -88.2% |
| Trade receivables | 40 | €89,559 | €4,611 | -€84,947 | -94.9% |
| Other amounts receivable | 41 | €98,192 | €17,456 | -€80,736 | -82.2% |
| Current investments | 50/53 | €37,245 | - | -€37,245 | |
| Cash at bank and in hand | 54/58 | €150,942 | €94,197 | -€56,745 | -37.6% |
| Deferred charges and accrued income | 490/1 | €47,050 | €52,905 | +€5,855 | +12.4% |
| Total equity and liabilities | 10/49 | €1,381,618 | €1,020,659 | -€360,959 | -26.1% |
| Equity | 10/15 | €266,338 | €296,337 | +€29,999 | +11.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €215,000 | €215,000 | = | 0.0% |
| Distributable reserves | 133 | €215,000 | €215,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,338 | €31,337 | +€29,999 | +2242.1% |
| Amounts payable | 17/49 | €1,115,280 | €724,322 | -€390,958 | -35.1% |
| Amounts payable after more than one year | 17 | €391,717 | - | -€391,717 | |
| Financial debts | 170/4 | €391,717 | - | -€391,717 | |
| Amounts payable within one year | 42/48 | €701,604 | €716,249 | +€14,645 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €98,413 | €41,717 | -€56,696 | -57.6% |
| Trade debts | 44 | €111,095 | €251,117 | +€140,022 | +126.0% |
| Suppliers | 440/4 | €111,095 | €251,117 | +€140,022 | +126.0% |
| Taxes, remuneration and social security | 45 | €77,893 | €87,347 | +€9,455 | +12.1% |
| Taxes | 450/3 | €3,346 | €36,896 | +€33,550 | +1002.8% |
| Remuneration and social security | 454/9 | €74,547 | €50,452 | -€24,095 | -32.3% |
| Other amounts payable | 47/48 | €414,203 | €336,068 | -€78,136 | -18.9% |
| Accrued charges and deferred income | 492/3 | €21,959 | €8,073 | -€13,886 | -63.2% |
| Remuneration, social security and pensions | 62 | €416,937 | €440,835 | +€23,897 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,908 | €104,240 | -€3,669 | -3.4% |
| Other operating charges | 640/8 | €2,527 | €2,902 | +€375 | +14.8% |
| Gross operating margin | 9900 | €652,121 | €605,764 | -€46,357 | -7.1% |
| Operating profit (loss) | 9901 | €124,749 | €57,788 | -€66,961 | -53.7% |
| Financial income | 75/76B | €8,807 | €29,282 | +€20,476 | +232.5% |
| Recurring financial income | 75 | €8,807 | €29,282 | +€20,476 | +232.5% |
| Financial charges | 65/66B | €26,503 | €20,175 | -€6,328 | -23.9% |
| Recurring financial charges | 65 | €26,503 | €20,175 | -€6,328 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €107,052 | €66,895 | -€40,158 | -37.5% |
| Income taxes | 67/77 | €28,464 | €36,896 | +€8,432 | +29.6% |
| Profit (loss) for the period | 9904 | €78,589 | €29,999 | -€48,590 | -61.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,589 | €29,999 | -€48,590 | -61.8% |
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 2 October 2026 via checked.be.