Acofi Herselt: 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.
Acofi Herselt
Largest movements
- Intangible fixed assets -€125,000
down €125,000 (-16.7%), from €750,000 to €625,000
- Receivables within one year +€23,504
up €23,504 (+27.3%), from €86,113 to €109,617
of which Trade receivables: +€23,586
- Debts after one year -€138,824
down €138,824 (-20.4%), from €680,102 to €541,278
- Tax, wage and social debts +€36,110
up €36,110 (+163%), from €22,160 to €58,270
of which Taxes: +€23,199
- Current portion of long-term debt +€19,011
up €19,011 (+17.8%), from €106,617 to €125,628
- Gross operating margin +€102,442
up €102,442 (+25.4%), from €402,985 to €505,427
- Staff costs +€101,948
up €101,948 (+42.3%), from €241,043 to €342,991
- Financial charges -€7,822
down €7,822 (-24.4%), from €32,082 to €24,260
- Other operating charges +€6,041
up €6,041 (+343%), from €1,763 to €7,804
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 | €885,628 | €787,775 | -€97,853 | -11.0% |
| Fixed assets | 21/28 | €770,975 | €649,700 | -€121,275 | -15.7% |
| Intangible fixed assets | 21 | €750,000 | €625,000 | -€125,000 | -16.7% |
| Tangible fixed assets | 22/27 | €15,975 | €14,200 | -€1,775 | -11.1% |
| Land and buildings | 22 | €15,975 | €14,200 | -€1,775 | -11.1% |
| Financial fixed assets | 28 | €5,000 | €10,500 | +€5,500 | +110% |
| Current assets | 29/58 | €114,653 | €138,075 | +€23,422 | +20.4% |
| Amounts receivable within one year | 40/41 | €86,113 | €109,617 | +€23,504 | +27.3% |
| Trade receivables | 40 | €84,988 | €108,574 | +€23,586 | +27.8% |
| Other amounts receivable | 41 | €1,124 | €1,042 | -€82 | -7.3% |
| Cash at bank and in hand | 54/58 | €4,180 | €5,346 | +€1,165 | +27.9% |
| Deferred charges and accrued income | 490/1 | €24,360 | €23,113 | -€1,247 | -5.1% |
| Total equity and liabilities | 10/49 | €885,628 | €787,775 | -€97,853 | -11.0% |
| Equity | 10/15 | €2,843 | €2,381 | -€462 | -16.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,343 | €881 | -€462 | -34.4% |
| Amounts payable | 17/49 | €882,785 | €785,394 | -€97,391 | -11.0% |
| Amounts payable after more than one year | 17 | €680,102 | €541,278 | -€138,824 | -20.4% |
| Financial debts | 170/4 | €680,102 | €541,278 | -€138,824 | -20.4% |
| Amounts payable within one year | 42/48 | €201,783 | €244,116 | +€42,333 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €106,617 | €125,628 | +€19,011 | +17.8% |
| Trade debts | 44 | €62,006 | €55,344 | -€6,662 | -10.7% |
| Suppliers | 440/4 | €62,006 | €55,344 | -€6,662 | -10.7% |
| Taxes, remuneration and social security | 45 | €22,160 | €58,270 | +€36,110 | +163% |
| Taxes | 450/3 | €15,754 | €38,953 | +€23,199 | +147% |
| Remuneration and social security | 454/9 | €6,407 | €19,318 | +€12,911 | +202% |
| Other amounts payable | 47/48 | €10,999 | €4,873 | -€6,125 | -55.7% |
| Accrued charges and deferred income | 492/3 | €900 | - | -€900 | |
| Remuneration, social security and pensions | 62 | €241,043 | €342,991 | +€101,948 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126,775 | €126,775 | = | 0.0% |
| Other operating charges | 640/8 | €1,763 | €7,804 | +€6,041 | +343% |
| Gross operating margin | 9900 | €402,985 | €505,427 | +€102,442 | +25.4% |
| Operating profit (loss) | 9901 | €33,405 | €27,857 | -€5,547 | -16.6% |
| Financial income | 75/76B | €21 | €0 | -€20 | -97.9% |
| Recurring financial income | 75 | €21 | €0 | -€20 | -97.9% |
| Financial charges | 65/66B | €32,082 | €24,260 | -€7,822 | -24.4% |
| Recurring financial charges | 65 | €32,082 | €24,260 | -€7,822 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €1,343 | €3,598 | +€2,255 | +168% |
| Income taxes | 67/77 | - | €4,060 | +€4,060 | |
| Profit (loss) for the period | 9904 | €1,343 | -€462 | -€1,806 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,343 | -€462 | -€1,806 |
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 24 October 2026 via checked.be.