ACoA: 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.
ACoA
Largest movements
- Tangible fixed assets -€21,015
down €21,015 (-37.4%), from €56,199 to €35,184
of which Furniture and vehicles: -€15,392
- Cash -€12,600
down €12,600 (-99.1%), from €12,718 to €118
mainly Net result for the year (-€22,735) and Debts after one year (-€15,327)
- Receivables within one year +€4,308
up €4,308 (+21.6%), from €19,934 to €24,242
of which Trade receivables: +€5,349
- Profit (loss) carried forward -€22,735
down €22,735, from €6,941 to -€15,793
- Debts after one year -€15,327
down €15,327 (-62.5%), from €24,521 to €9,194
- Short-term financial debts +€6,315
new in 2025: €6,315
- Trade debts +€5,125
up €5,125 (+65.6%), from €7,810 to €12,935
- Tax, wage and social debts -€3,583
down €3,583 (-46.1%), from €7,775 to €4,192
of which Taxes: -€3,583
- Gross operating margin -€19,726
down €19,726 (-89.7%), from €22,000 to €2,273
- Depreciation -€1,384
down €1,384 (-8.2%), from €16,776 to €15,392
- Taxes -€1,309
down €1,309 (-80.0%), from €1,635 to €327
- Financial charges -€561
down €561 (-19.0%), from €2,952 to €2,391
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 | €90,999 | €61,581 | -€29,418 | -32.3% |
| Fixed assets | 21/28 | €56,499 | €35,484 | -€21,015 | -37.2% |
| Tangible fixed assets | 22/27 | €56,199 | €35,184 | -€21,015 | -37.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €50,576 | €35,184 | -€15,392 | -30.4% |
| Other tangible fixed assets | 26 | €5,623 | €0 | -€5,623 | -100% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €34,500 | €26,097 | -€8,403 | -24.4% |
| Amounts receivable within one year | 40/41 | €19,934 | €24,242 | +€4,308 | +21.6% |
| Trade receivables | 40 | €18,296 | €23,645 | +€5,349 | +29.2% |
| Other amounts receivable | 41 | €1,638 | €597 | -€1,041 | -63.6% |
| Cash at bank and in hand | 54/58 | €12,718 | €118 | -€12,600 | -99.1% |
| Deferred charges and accrued income | 490/1 | €1,848 | €1,738 | -€111 | -6.0% |
| Total equity and liabilities | 10/49 | €90,999 | €61,581 | -€29,418 | -32.3% |
| Equity | 10/15 | €30,001 | €7,267 | -€22,735 | -75.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,860 | €16,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €16,860 | €16,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,941 | -€15,793 | -€22,735 | |
| Amounts payable | 17/49 | €60,997 | €54,314 | -€6,683 | -11.0% |
| Amounts payable after more than one year | 17 | €24,521 | €9,194 | -€15,327 | -62.5% |
| Financial debts | 170/4 | €24,521 | €9,194 | -€15,327 | -62.5% |
| Amounts payable within one year | 42/48 | €36,477 | €44,994 | +€8,517 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €14,795 | €15,327 | +€532 | +3.6% |
| Financial debts | 43 | - | €6,315 | +€6,315 | |
| Credit institutions | 430/8 | - | €6,315 | +€6,315 | |
| Trade debts | 44 | €7,810 | €12,935 | +€5,125 | +65.6% |
| Suppliers | 440/4 | €7,810 | €12,935 | +€5,125 | +65.6% |
| Taxes, remuneration and social security | 45 | €7,775 | €4,192 | -€3,583 | -46.1% |
| Taxes | 450/3 | €7,775 | €4,192 | -€3,583 | -46.1% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €6,096 | €6,225 | +€128 | +2.1% |
| Accrued charges and deferred income | 492/3 | - | €127 | +€127 | |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,776 | €15,392 | -€1,384 | -8.2% |
| Other operating charges | 640/8 | €1,249 | €1,306 | +€57 | +4.5% |
| Non-recurring operating charges | 66A | - | €5,623 | +€5,623 | |
| Gross operating margin | 9900 | €22,000 | €2,273 | -€19,726 | -89.7% |
| Operating profit (loss) | 9901 | €3,975 | -€20,047 | -€24,022 | |
| Financial income | 75/76B | €23 | €31 | +€8 | +36.6% |
| Recurring financial income | 75 | €23 | €31 | +€8 | +36.6% |
| Financial charges | 65/66B | €2,952 | €2,391 | -€561 | -19.0% |
| Recurring financial charges | 65 | €2,952 | €2,391 | -€561 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €1,046 | -€22,408 | -€23,453 | |
| Income taxes | 67/77 | €1,635 | €327 | -€1,309 | -80.0% |
| Profit (loss) for the period | 9904 | -€590 | -€22,735 | -€22,145 | -3,754% |
| Profit (loss) for the period to be appropriated | 9905 | -€590 | -€22,735 | -€22,145 | -3,754% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.