ACOBA CONSTRUCTIONS: 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.
ACOBA CONSTRUCTIONS
Largest movements
- Receivables within one year -€55,640
down €55,640 (-38.4%), from €144,879 to €89,239
of which Trade receivables: -€59,601
- Cash +€22,779
up €22,779 (+39.1%), from €58,261 to €81,040
mainly Tax, wage and social debts (+€64,116) and Receivables within one year (+€55,640)
- Deferred charges and accrued income -€9,710
down €9,710 (-46.2%), from €21,001 to €11,290
- Tangible fixed assets -€9,115
down €9,115 (-50.4%), from €18,094 to €8,979
- Trade debts -€67,568
down €67,568 (-67.2%), from €100,575 to €33,007
- Tax, wage and social debts +€64,116
up €64,116 (+291%), from €22,053 to €86,169
of which Remuneration and social security: +€60,501
- Profit (loss) carried forward -€39,456
down €39,456 (-261%), from -€15,094 to -€54,551
- Debts after one year -€5,684
down €5,684 (-70.9%), from €8,017 to €2,333
- Purchases and services -€735,841
no longer reported in 2025 (was €735,841)
- Staff costs +€309,126
up €309,126 (+63.9%), from €483,508 to €792,634
- Gross operating margin +€296,671
up €296,671 (+61.5%), from €482,750 to €779,422
- Other operating charges +€20,298
up €20,298 (+686%), from €2,958 to €23,256
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 | €259,752 | €208,641 | -€51,110 | -19.7% |
| Fixed assets | 21/28 | €35,612 | €27,072 | -€8,539 | -24.0% |
| Tangible fixed assets | 22/27 | €18,094 | €8,979 | -€9,115 | -50.4% |
| Furniture and vehicles | 24 | €18,094 | €8,979 | -€9,115 | -50.4% |
| Financial fixed assets | 28 | €17,518 | €18,094 | +€576 | +3.3% |
| Current assets | 29/58 | €224,140 | €181,569 | -€42,571 | -19.0% |
| Amounts receivable within one year | 40/41 | €144,879 | €89,239 | -€55,640 | -38.4% |
| Trade receivables | 40 | €143,840 | €84,239 | -€59,601 | -41.4% |
| Other amounts receivable | 41 | €1,039 | €5,000 | +€3,961 | +381% |
| Cash at bank and in hand | 54/58 | €58,261 | €81,040 | +€22,779 | +39.1% |
| Deferred charges and accrued income | 490/1 | €21,001 | €11,290 | -€9,710 | -46.2% |
| Total equity and liabilities | 10/49 | €259,752 | €208,641 | -€51,110 | -19.7% |
| Equity | 10/15 | €120,906 | €81,449 | -€39,456 | -32.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €36,000 | €36,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €26,000 | €26,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,094 | -€54,551 | -€39,456 | -261% |
| Amounts payable | 17/49 | €138,846 | €127,192 | -€11,654 | -8.4% |
| Amounts payable after more than one year | 17 | €8,017 | €2,333 | -€5,684 | -70.9% |
| Financial debts | 170/4 | €8,017 | €2,333 | -€5,684 | -70.9% |
| Amounts payable within one year | 42/48 | €130,829 | €124,859 | -€5,970 | -4.6% |
| Current portion of amounts payable after more than one year | 42 | €8,201 | €5,684 | -€2,517 | -30.7% |
| Trade debts | 44 | €100,575 | €33,007 | -€67,568 | -67.2% |
| Suppliers | 440/4 | €100,575 | €33,007 | -€67,568 | -67.2% |
| Taxes, remuneration and social security | 45 | €22,053 | €86,169 | +€64,116 | +291% |
| Taxes | 450/3 | €6,159 | €9,774 | +€3,615 | +58.7% |
| Remuneration and social security | 454/9 | €15,894 | €76,395 | +€60,501 | +381% |
| Goods, raw materials, services and sundry goods | 60/61 | €735,841 | - | -€735,841 | |
| Remuneration, social security and pensions | 62 | €483,508 | €792,634 | +€309,126 | +63.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,251 | €9,655 | -€2,596 | -21.2% |
| Other operating charges | 640/8 | €2,958 | €23,256 | +€20,298 | +686% |
| Gross operating margin | 9900 | €482,750 | €779,422 | +€296,671 | +61.5% |
| Operating profit (loss) | 9901 | -€15,968 | -€46,125 | -€30,157 | -189% |
| Financial income | 75/76B | €1,705 | €7,813 | +€6,108 | +358% |
| Recurring financial income | 75 | €1,705 | €7,813 | +€6,108 | +358% |
| Financial charges | 65/66B | €831 | €1,144 | +€313 | +37.7% |
| Recurring financial charges | 65 | €831 | €1,144 | +€313 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,094 | -€39,456 | -€24,362 | -161% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€15,094 | -€39,456 | -€24,362 | -161% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,094 | -€39,456 | -€24,362 | -161% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.