ACOGEST: 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.
ACOGEST
Largest movements
- Cash -€14,491
down €14,491 (-2.2%), from €647,076 to €632,586
mainly Contributions, distributions and other (-€97,150) and Investment in fixed assets (net) (-€21,608)
- Tangible fixed assets +€11,922
up €11,922 (+32.8%), from €36,386 to €48,308
of which Land and buildings: +€12,505
- Other debts +€97,150
up €97,150 (+29800.6%), from €326 to €97,476
- Reserves -€83,360
down €83,360 (-14.2%), from €586,010 to €502,650
of which Distributable reserves: -€83,360
- Tax, wage and social debts -€15,885
down €15,885 (-69.6%), from €22,836 to €6,951
- Gross operating margin -€47,467
down €47,467 (-56.5%), from €84,048 to €36,581
- Taxes -€15,953
down €15,953 (-69.3%), from €23,012 to €7,059
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 | €698,315 | €701,399 | +€3,084 | +0.4% |
| Fixed assets | 21/28 | €44,261 | €56,123 | +€11,862 | +26.8% |
| Tangible fixed assets | 22/27 | €36,386 | €48,308 | +€11,922 | +32.8% |
| Land and buildings | 22 | €35,803 | €48,308 | +€12,505 | +34.9% |
| Furniture and vehicles | 24 | €583 | - | -€583 | |
| Financial fixed assets | 28 | €7,875 | €7,815 | -€60 | -0.8% |
| Current assets | 29/58 | €654,055 | €645,276 | -€8,778 | -1.3% |
| Amounts receivable within one year | 40/41 | €6,978 | €10,735 | +€3,756 | +53.8% |
| Trade receivables | 40 | €3,617 | €8,054 | +€4,437 | +122.7% |
| Other amounts receivable | 41 | €3,361 | €2,681 | -€680 | -20.2% |
| Cash at bank and in hand | 54/58 | €647,076 | €632,586 | -€14,491 | -2.2% |
| Deferred charges and accrued income | 490/1 | - | €1,956 | +€1,956 | |
| Total equity and liabilities | 10/49 | €698,315 | €701,399 | +€3,084 | +0.4% |
| Equity | 10/15 | €670,454 | €587,105 | -€83,349 | -12.4% |
| Contributions | 10/11 | €19,050 | €19,050 | = | 0.0% |
| Capital | 10 | €19,050 | - | -€19,050 | |
| Issued capital | 100 | €19,050 | - | -€19,050 | |
| Reserves | 13 | €586,010 | €502,650 | -€83,360 | -14.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Reserves not available under the articles | 1311 | - | €1,900 | +€1,900 | |
| Distributable reserves | 133 | €584,110 | €500,750 | -€83,360 | -14.3% |
| Profit (loss) carried forward | 14 | €65,394 | €65,405 | +€11 | 0.0% |
| Provisions and deferred taxes | 16 | €4,300 | €4,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,300 | €4,300 | = | 0.0% |
| Environmental obligations | 163 | €4,300 | €4,300 | = | 0.0% |
| Amounts payable | 17/49 | €23,562 | €109,994 | +€86,433 | +366.8% |
| Amounts payable within one year | 42/48 | €23,562 | €109,994 | +€86,433 | +366.8% |
| Trade debts | 44 | €400 | €5,568 | +€5,168 | +1293.5% |
| Suppliers | 440/4 | €400 | €5,568 | +€5,168 | +1293.5% |
| Taxes, remuneration and social security | 45 | €22,836 | €6,951 | -€15,885 | -69.6% |
| Taxes | 450/3 | €22,836 | €6,951 | -€15,885 | -69.6% |
| Other amounts payable | 47/48 | €326 | €97,476 | +€97,150 | +29800.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,080 | €9,745 | -€335 | -3.3% |
| Other operating charges | 640/8 | €6,017 | €6,242 | +€226 | +3.8% |
| Gross operating margin | 9900 | €84,048 | €36,581 | -€47,467 | -56.5% |
| Operating profit (loss) | 9901 | €67,951 | €20,594 | -€47,358 | -69.7% |
| Financial income | 75/76B | €585 | €560 | -€25 | -4.2% |
| Recurring financial income | 75 | €585 | €560 | -€25 | -4.2% |
| Financial charges | 65/66B | €78 | €295 | +€217 | +279.8% |
| Recurring financial charges | 65 | €78 | €295 | +€217 | +279.8% |
| Profit (loss) for the period before taxes | 9903 | €68,459 | €20,859 | -€47,599 | -69.5% |
| Income taxes | 67/77 | €23,012 | €7,059 | -€15,953 | -69.3% |
| Profit (loss) for the period | 9904 | €45,447 | €13,801 | -€31,646 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €45,447 | €13,801 | -€31,646 | -69.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.