ACNC: 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.
ACNC
Largest movements
- Cash +€99,794
up €99,794 (+373.5%), from €26,719 to €126,513
mainly Net result for the year (+€83,908) and Receivables within one year (+€31,104)
- Receivables within one year -€31,104
down €31,104 (-40.9%), from €76,015 to €44,910
of which Trade receivables: -€22,549
- Tangible fixed assets -€13,501
down €13,501 (-13.1%), from €102,849 to €89,348
of which Furniture and vehicles: -€9,701
- Reserves +€83,908
up €83,908 (+51.2%), from €163,945 to €247,853
- Other debts -€30,787
down €30,787 (-96.1%), from €32,043 to €1,257
- Trade debts +€4,673
up €4,673 (+93.8%), from €4,982 to €9,655
- Depreciation +€10,102
up €10,102 (+64.1%), from €15,753 to €25,856
- Staff costs +€5,419
up €5,419 (+11.5%), from €47,269 to €52,688
- Gross operating margin -€2,092
down €2,092 (-1.0%), from €207,645 to €205,553
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 | €361,428 | €418,447 | +€57,020 | +15.8% |
| Fixed assets | 21/28 | €103,418 | €89,917 | -€13,501 | -13.1% |
| Tangible fixed assets | 22/27 | €102,849 | €89,348 | -€13,501 | -13.1% |
| Plant, machinery and equipment | 23 | €4,593 | €3,452 | -€1,141 | -24.8% |
| Furniture and vehicles | 24 | €80,488 | €70,786 | -€9,701 | -12.1% |
| Other tangible fixed assets | 26 | €17,768 | €15,110 | -€2,658 | -15.0% |
| Financial fixed assets | 28 | €569 | €569 | = | 0.0% |
| Current assets | 29/58 | €258,010 | €328,531 | +€70,521 | +27.3% |
| Amounts receivable within one year | 40/41 | €76,015 | €44,910 | -€31,104 | -40.9% |
| Trade receivables | 40 | €67,459 | €44,910 | -€22,549 | -33.4% |
| Other amounts receivable | 41 | €8,556 | €0 | -€8,556 | -100.0% |
| Current investments | 50/53 | €152,279 | €152,655 | +€376 | +0.2% |
| Cash at bank and in hand | 54/58 | €26,719 | €126,513 | +€99,794 | +373.5% |
| Deferred charges and accrued income | 490/1 | €2,997 | €4,452 | +€1,455 | +48.5% |
| Total equity and liabilities | 10/49 | €361,428 | €418,447 | +€57,020 | +15.8% |
| Equity | 10/15 | €297,956 | €381,864 | +€83,908 | +28.2% |
| Contributions | 10/11 | €15,496 | €15,496 | = | 0.0% |
| Reserves | 13 | €163,945 | €247,853 | +€83,908 | +51.2% |
| Distributable reserves | 133 | €163,945 | €247,853 | +€83,908 | +51.2% |
| Profit (loss) carried forward | 14 | €118,515 | €118,515 | = | 0.0% |
| Amounts payable | 17/49 | €63,472 | €36,583 | -€26,888 | -42.4% |
| Amounts payable within one year | 42/48 | €63,472 | €36,583 | -€26,888 | -42.4% |
| Financial debts | 43 | €3,949 | €3,661 | -€288 | -7.3% |
| Credit institutions | 430/8 | €3,949 | €3,661 | -€288 | -7.3% |
| Trade debts | 44 | €4,982 | €9,655 | +€4,673 | +93.8% |
| Suppliers | 440/4 | €4,982 | €9,655 | +€4,673 | +93.8% |
| Taxes, remuneration and social security | 45 | €22,498 | €22,011 | -€486 | -2.2% |
| Taxes | 450/3 | €15,206 | €11,143 | -€4,063 | -26.7% |
| Remuneration and social security | 454/9 | €7,292 | €10,869 | +€3,577 | +49.1% |
| Other amounts payable | 47/48 | €32,043 | €1,257 | -€30,787 | -96.1% |
| Non-recurring operating income | 76A | €13,500 | €0 | -€13,500 | -100.0% |
| Remuneration, social security and pensions | 62 | €47,269 | €52,688 | +€5,419 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,753 | €25,856 | +€10,102 | +64.1% |
| Other operating charges | 640/8 | €417 | €591 | +€173 | +41.5% |
| Gross operating margin | 9900 | €207,645 | €205,553 | -€2,092 | -1.0% |
| Operating profit (loss) | 9901 | €144,206 | €126,419 | -€17,787 | -12.3% |
| Financial income | 75/76B | €542 | €520 | -€22 | -4.1% |
| Recurring financial income | 75 | €542 | €520 | -€22 | -4.1% |
| Financial charges | 65/66B | €960 | €1,044 | +€84 | +8.8% |
| Recurring financial charges | 65 | €960 | €1,044 | +€84 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €143,788 | €125,895 | -€17,893 | -12.4% |
| Income taxes | 67/77 | €41,773 | €41,986 | +€213 | +0.5% |
| Profit (loss) for the period | 9904 | €102,015 | €83,908 | -€18,107 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €102,015 | €83,908 | -€18,107 | -17.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.