ACMP: 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.
ACMP
Largest movements
- Current investments -€1.4m
down €1.4m (-100%), from €1.4m to €0
- Cash +€784,975
up €784,975 (+172%), from €455,794 to €1.2m
- Receivables within one year +€481,513
up €481,513 (+55.3%), from €871,134 to €1.4m
of which Trade receivables: +€497,452
- Stocks and contracts -€113,862
down €113,862 (-82.9%), from €137,347 to €23,486
- Other debts -€305,332
down €305,332 (-65.8%), from €464,058 to €158,726
- Trade debts +€162,696
up €162,696 (+267%), from €60,990 to €223,686
- Accrued charges and deferred income -€36,534
down €36,534 (-51.8%), from €70,480 to €33,946
- Gross operating margin -€300,306
down €300,306 (-39.9%), from €753,324 to €453,019
- Financial income +€190,326
up €190,326 (+4,311%), from €4,415 to €194,741
- Staff costs +€168,858
up €168,858 (+138%), from €121,988 to €290,847
- Financial charges +€46,712
up €46,712 (+52.8%), from €88,536 to €135,248
of which Financial charges: +€47,055
- Taxes -€39,278
down €39,278 (-62.2%), from €63,161 to €23,883
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,837,301 | €2,650,201 | -€187,100 | -6.6% |
| Fixed assets | 21/28 | €4,466 | €27,647 | +€23,181 | +519% |
| Tangible fixed assets | 22/27 | €4,466 | €27,647 | +€23,181 | +519% |
| Plant, machinery and equipment | 23 | €663 | €0 | -€663 | -100% |
| Furniture and vehicles | 24 | €3,803 | €27,647 | +€23,844 | +627% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €2,832,835 | €2,622,554 | -€210,281 | -7.4% |
| Stocks and contracts in progress | 3 | €137,347 | €23,486 | -€113,862 | -82.9% |
| Stocks | 30/36 | €137,347 | €23,486 | -€113,862 | -82.9% |
| Amounts receivable within one year | 40/41 | €871,134 | €1,352,647 | +€481,513 | +55.3% |
| Trade receivables | 40 | €846,862 | €1,344,315 | +€497,452 | +58.7% |
| Other amounts receivable | 41 | €24,272 | €8,332 | -€15,940 | -65.7% |
| Current investments | 50/53 | €1,362,240 | €0 | -€1.4m | -100% |
| Cash at bank and in hand | 54/58 | €455,794 | €1,240,769 | +€784,975 | +172% |
| Deferred charges and accrued income | 490/1 | €6,320 | €5,652 | -€668 | -10.6% |
| Total equity and liabilities | 10/49 | €2,837,301 | €2,650,201 | -€187,100 | -6.6% |
| Equity | 10/15 | €2,223,883 | €2,223,883 | = | 0.0% |
| Contributions | 10/11 | €63,213 | €63,213 | = | 0.0% |
| Capital | 10 | €63,213 | €63,213 | = | 0.0% |
| Issued capital | 100 | €63,213 | €63,213 | = | 0.0% |
| Reserves | 13 | €2,055,416 | €2,055,416 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,321 | €6,321 | = | 0.0% |
| Legal reserve | 130 | €6,321 | €6,321 | = | 0.0% |
| Distributable reserves | 133 | €2,049,095 | €2,049,095 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,254 | €105,254 | = | 0.0% |
| Amounts payable | 17/49 | €613,419 | €426,318 | -€187,100 | -30.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €542,939 | €392,372 | -€150,566 | -27.7% |
| Current portion of amounts payable after more than one year | 42 | €3,931 | €0 | -€3,931 | -100% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €60,990 | €223,686 | +€162,696 | +267% |
| Suppliers | 440/4 | €60,990 | €223,686 | +€162,696 | +267% |
| Taxes, remuneration and social security | 45 | €13,959 | €9,960 | -€3,999 | -28.6% |
| Taxes | 450/3 | €17 | €8 | -€10 | -56.0% |
| Remuneration and social security | 454/9 | €13,942 | €9,953 | -€3,989 | -28.6% |
| Other amounts payable | 47/48 | €464,058 | €158,726 | -€305,332 | -65.8% |
| Accrued charges and deferred income | 492/3 | €70,480 | €33,946 | -€36,534 | -51.8% |
| Non-recurring operating income | 76A | €842 | €14,050 | +€13,207 | +1,568% |
| Remuneration, social security and pensions | 62 | €121,988 | €290,847 | +€168,858 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,350 | €14,346 | +€5,996 | +71.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €22,806 | +€22,806 | |
| Other operating charges | 640/8 | €11,645 | €14,694 | +€3,049 | +26.2% |
| Non-recurring operating charges | 66A | - | €702 | +€702 | |
| Gross operating margin | 9900 | €753,324 | €453,019 | -€300,306 | -39.9% |
| Operating profit (loss) | 9901 | €611,341 | €109,624 | -€501,717 | -82.1% |
| Financial income | 75/76B | €4,415 | €194,741 | +€190,326 | +4,311% |
| Recurring financial income | 75 | €4,415 | €194,741 | +€190,326 | +4,311% |
| Financial charges | 65/66B | €88,536 | €135,248 | +€46,712 | +52.8% |
| Recurring financial charges | 65 | €88,193 | €135,248 | +€47,055 | +53.4% |
| Non-recurring financial charges | 66B | €343 | €0 | -€343 | -100% |
| Profit (loss) for the period before taxes | 9903 | €527,220 | €169,116 | -€358,103 | -67.9% |
| Income taxes | 67/77 | €63,161 | €23,883 | -€39,278 | -62.2% |
| Profit (loss) for the period | 9904 | €464,058 | €145,233 | -€318,825 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €464,058 | €145,233 | -€318,825 | -68.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.