ACM EUROPE: 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.
ACM EUROPE
Largest movements
- Cash +€44,682
up €44,682 (+39.6%), from €112,886 to €157,567
mainly Net result for the year (+€55,029) and Tax, wage and social debts (+€5,790)
- Receivables within one year -€5,569
down €5,569 (-21.2%), from €26,217 to €20,649
of which Trade receivables: -€5,569
- Reserves +€30,000
up €30,000 (+64.0%), from €46,855 to €76,855
of which Distributable reserves: +€30,000
- Tax, wage and social debts +€5,790
up €5,790 (+42.0%), from €13,775 to €19,565
- Trade debts +€4,429
up €4,429 (+42.9%), from €10,322 to €14,751
- Other debts -€3,386
down €3,386 (-8.6%), from €39,251 to €35,865
- Profit (loss) carried forward +€1,829
up €1,829 (+5.7%), from €31,977 to €33,807
- Gross operating margin +€8,283
up €8,283 (+13.0%), from €63,912 to €72,196
- Taxes +€7,671
up €7,671 (+137%), from €5,586 to €13,257
- Depreciation -€2,050
down €2,050 (-48.3%), from €4,248 to €2,198
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.
Derived cash bridge
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 | €142,847 | €181,043 | +€38,195 | +26.7% |
| Fixed assets | 21/28 | €3,744 | €2,827 | -€917 | -24.5% |
| Tangible fixed assets | 22/27 | €3,723 | €2,806 | -€917 | -24.6% |
| Plant, machinery and equipment | 23 | €3,305 | €1,653 | -€1,653 | -50.0% |
| Furniture and vehicles | 24 | €417 | €1,153 | +€735 | +176% |
| Financial fixed assets | 28 | €21 | €21 | = | 0.0% |
| Current assets | 29/58 | €139,103 | €178,216 | +€39,113 | +28.1% |
| Amounts receivable within one year | 40/41 | €26,217 | €20,649 | -€5,569 | -21.2% |
| Trade receivables | 40 | €26,143 | €20,574 | -€5,569 | -21.3% |
| Other amounts receivable | 41 | €74 | €74 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €112,886 | €157,567 | +€44,682 | +39.6% |
| Total equity and liabilities | 10/49 | €142,847 | €181,043 | +€38,195 | +26.7% |
| Equity | 10/15 | €79,032 | €110,862 | +€31,829 | +40.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €46,855 | €76,855 | +€30,000 | +64.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €65,000 | +€30,000 | +85.7% |
| Profit (loss) carried forward | 14 | €31,977 | €33,807 | +€1,829 | +5.7% |
| Amounts payable | 17/49 | €63,815 | €70,181 | +€6,366 | +10.0% |
| Amounts payable within one year | 42/48 | €63,348 | €70,181 | +€6,833 | +10.8% |
| Trade debts | 44 | €10,322 | €14,751 | +€4,429 | +42.9% |
| Suppliers | 440/4 | €10,322 | €14,751 | +€4,429 | +42.9% |
| Taxes, remuneration and social security | 45 | €13,775 | €19,565 | +€5,790 | +42.0% |
| Taxes | 450/3 | €13,775 | €19,565 | +€5,790 | +42.0% |
| Other amounts payable | 47/48 | €39,251 | €35,865 | -€3,386 | -8.6% |
| Accrued charges and deferred income | 492/3 | €467 | - | -€467 | |
| Remuneration, social security and pensions | 62 | - | €326 | +€326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,248 | €2,198 | -€2,050 | -48.3% |
| Other operating charges | 640/8 | €1,663 | €1,282 | -€382 | -22.9% |
| Gross operating margin | 9900 | €63,912 | €72,196 | +€8,283 | +13.0% |
| Operating profit (loss) | 9901 | €58,001 | €68,390 | +€10,389 | +17.9% |
| Financial income | 75/76B | €30 | €27 | -€3 | -9.2% |
| Recurring financial income | 75 | €30 | €27 | -€3 | -9.2% |
| Financial charges | 65/66B | €401 | €131 | -€270 | -67.3% |
| Recurring financial charges | 65 | €401 | €131 | -€270 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €57,630 | €68,286 | +€10,656 | +18.5% |
| Income taxes | 67/77 | €5,586 | €13,257 | +€7,671 | +137% |
| Profit (loss) for the period | 9904 | €52,044 | €55,029 | +€2,985 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,044 | €55,029 | +€2,985 | +5.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.