ACOFISC: 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.
ACOFISC
Largest movements
- Cash +€153,845
up €153,845 (+90.2%), from €170,647 to €324,492
mainly Net result for the year (+€265,553) and Other debts (+€248,154)
- Receivables within one year +€66,182
up €66,182 (+240%), from €27,620 to €93,802
of which Other amounts receivable: +€74,208
- Tangible fixed assets -€24,160
down €24,160 (-2.5%), from €951,695 to €927,535
of which Land and buildings: -€53,574
- Other debts +€248,154
up €248,154 (+4,939%), from €5,025 to €253,179
- Debts after one year -€52,202
down €52,202 (-9.0%), from €580,119 to €527,917
- Profit (loss) carried forward +€15,553
up €15,553 (+3.9%), from €394,988 to €410,541
- Turnover +€1.6m
new in 2025: €1.6m
- Purchases and services +€803,459
new in 2025: €803,459
- Gross operating margin +€254,564
up €254,564 (+44.8%), from €568,498 to €823,063
- Staff costs +€70,044
up €70,044 (+23.2%), from €302,415 to €372,459
- Taxes +€51,051
up €51,051 (+117%), from €43,708 to €94,759
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 | €1,164,088 | €1,357,815 | +€193,727 | +16.6% |
| Fixed assets | 21/28 | €951,925 | €927,765 | -€24,160 | -2.5% |
| Tangible fixed assets | 22/27 | €951,695 | €927,535 | -€24,160 | -2.5% |
| Land and buildings | 22 | €912,063 | €858,489 | -€53,574 | -5.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €39,632 | €69,046 | +€29,414 | +74.2% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €212,164 | €430,051 | +€217,887 | +103% |
| Amounts receivable within one year | 40/41 | €27,620 | €93,802 | +€66,182 | +240% |
| Trade receivables | 40 | €10,069 | €2,043 | -€8,026 | -79.7% |
| Other amounts receivable | 41 | €17,551 | €91,758 | +€74,208 | +423% |
| Cash at bank and in hand | 54/58 | €170,647 | €324,492 | +€153,845 | +90.2% |
| Deferred charges and accrued income | 490/1 | €13,897 | €11,757 | -€2,139 | -15.4% |
| Total equity and liabilities | 10/49 | €1,164,088 | €1,357,815 | +€193,727 | +16.6% |
| Equity | 10/15 | €416,803 | €432,356 | +€15,553 | +3.7% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €1,983 | €1,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,983 | €1,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | €394,988 | €410,541 | +€15,553 | +3.9% |
| Amounts payable | 17/49 | €747,285 | €925,460 | +€178,175 | +23.8% |
| Amounts payable after more than one year | 17 | €580,119 | €527,917 | -€52,202 | -9.0% |
| Financial debts | 170/4 | €580,119 | €527,917 | -€52,202 | -9.0% |
| Amounts payable within one year | 42/48 | €166,516 | €396,363 | +€229,846 | +138% |
| Current portion of amounts payable after more than one year | 42 | €91,840 | €78,557 | -€13,284 | -14.5% |
| Trade debts | 44 | €21,842 | €25,214 | +€3,372 | +15.4% |
| Suppliers | 440/4 | €21,842 | €25,214 | +€3,372 | +15.4% |
| Advances received on contracts in progress | 46 | €8,291 | €0 | -€8,291 | -100% |
| Taxes, remuneration and social security | 45 | €39,518 | €39,413 | -€105 | -0.3% |
| Taxes | 450/3 | €7,290 | - | -€7,290 | |
| Remuneration and social security | 454/9 | €32,228 | €39,413 | +€7,185 | +22.3% |
| Other amounts payable | 47/48 | €5,025 | €253,179 | +€248,154 | +4,939% |
| Accrued charges and deferred income | 492/3 | €650 | €1,180 | +€530 | +81.5% |
| Turnover | 70 | - | €1,550,803 | +€1.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €803,459 | +€803,459 | |
| Remuneration, social security and pensions | 62 | €302,415 | €372,459 | +€70,044 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,002 | €71,717 | +€6,715 | +10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,929 | - | -€4,929 | |
| Other operating charges | 640/8 | €36,009 | €11,038 | -€24,971 | -69.3% |
| Gross operating margin | 9900 | €568,498 | €823,063 | +€254,564 | +44.8% |
| Operating profit (loss) | 9901 | €160,143 | €367,848 | +€207,705 | +130% |
| Financial income | 75/76B | €680 | €1,426 | +€746 | +110% |
| Recurring financial income | 75 | €680 | €1,426 | +€746 | +110% |
| Financial charges | 65/66B | €12,217 | €8,962 | -€3,255 | -26.6% |
| Recurring financial charges | 65 | €12,217 | €8,962 | -€3,255 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €148,607 | €360,312 | +€211,705 | +142% |
| Income taxes | 67/77 | €43,708 | €94,759 | +€51,051 | +117% |
| Profit (loss) for the period | 9904 | €104,899 | €265,553 | +€160,654 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €104,899 | €265,553 | +€160,654 | +153% |
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 14 October 2026 via checked.be.