ACORUJA: 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.
ACORUJA
Largest movements
- Cash -€98,983
down €98,983 (-51.4%), from €192,657 to €93,675
mainly Accrued charges and deferred income (-€87,887) and Tax, wage and social debts (-€24,005)
- Deferred charges and accrued income -€6,465
down €6,465 (-27.0%), from €23,983 to €17,519
- Tangible fixed assets -€5,733
down €5,733 (-2.2%), from €265,521 to €259,788
of which Land and buildings: -€4,211
- Accrued charges and deferred income -€87,887
down €87,887 (-73.1%), from €120,164 to €32,278
- Tax, wage and social debts -€24,005
down €24,005 (-91.5%), from €26,229 to €2,224
of which Taxes: -€24,005
- Debts after one year -€17,165
down €17,165 (-13.2%), from €130,283 to €113,118
- Other debts +€15,182
up €15,182 (+43.4%), from €34,992 to €50,175
- Other operating charges -€6,604
down €6,604 (-47.0%), from €14,042 to €7,438
- Gross operating margin -€5,177
down €5,177 (-5.2%), from €99,620 to €94,443
- Financial charges +€2,689
up €2,689 (+3.8%), from €71,333 to €74,021
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 | €482,561 | €371,342 | -€111,219 | -23.0% |
| Fixed assets | 21/28 | €265,626 | €259,893 | -€5,733 | -2.2% |
| Tangible fixed assets | 22/27 | €265,521 | €259,788 | -€5,733 | -2.2% |
| Land and buildings | 22 | €261,306 | €257,095 | -€4,211 | -1.6% |
| Furniture and vehicles | 24 | €4,216 | €2,694 | -€1,522 | -36.1% |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €216,935 | €111,449 | -€105,486 | -48.6% |
| Amounts receivable within one year | 40/41 | €294 | €256 | -€39 | -13.1% |
| Trade receivables | 40 | €118 | €0 | -€118 | -100.0% |
| Other amounts receivable | 41 | €176 | €256 | +€79 | +45.0% |
| Cash at bank and in hand | 54/58 | €192,657 | €93,675 | -€98,983 | -51.4% |
| Deferred charges and accrued income | 490/1 | €23,983 | €17,519 | -€6,465 | -27.0% |
| Total equity and liabilities | 10/49 | €482,561 | €371,342 | -€111,219 | -23.0% |
| Equity | 10/15 | €150,078 | €150,078 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €125,078 | €125,078 | = | 0.0% |
| Distributable reserves | 133 | €125,078 | €125,078 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €332,483 | €221,264 | -€111,219 | -33.5% |
| Amounts payable after more than one year | 17 | €130,283 | €113,118 | -€17,165 | -13.2% |
| Financial debts | 170/4 | €130,283 | €113,118 | -€17,165 | -13.2% |
| Amounts payable within one year | 42/48 | €82,036 | €75,868 | -€6,168 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €16,644 | €17,165 | +€520 | +3.1% |
| Trade debts | 44 | €4,170 | €6,305 | +€2,135 | +51.2% |
| Suppliers | 440/4 | €4,170 | €6,305 | +€2,135 | +51.2% |
| Taxes, remuneration and social security | 45 | €26,229 | €2,224 | -€24,005 | -91.5% |
| Taxes | 450/3 | €24,029 | €24 | -€24,005 | -99.9% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €34,992 | €50,175 | +€15,182 | +43.4% |
| Accrued charges and deferred income | 492/3 | €120,164 | €32,278 | -€87,887 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,465 | €10,767 | +€302 | +2.9% |
| Other operating charges | 640/8 | €14,042 | €7,438 | -€6,604 | -47.0% |
| Gross operating margin | 9900 | €99,620 | €94,443 | -€5,177 | -5.2% |
| Operating profit (loss) | 9901 | €75,114 | €76,238 | +€1,125 | +1.5% |
| Financial income | 75/76B | €107 | €792 | +€685 | +643.0% |
| Recurring financial income | 75 | €107 | €792 | +€685 | +643.0% |
| Financial charges | 65/66B | €71,333 | €74,021 | +€2,689 | +3.8% |
| Recurring financial charges | 65 | €71,333 | €74,021 | +€2,689 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €3,888 | €3,009 | -€879 | -22.6% |
| Income taxes | 67/77 | €2,824 | €2,613 | -€211 | -7.5% |
| Profit (loss) for the period | 9904 | €1,064 | €396 | -€668 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,064 | €396 | -€668 | -62.8% |
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 9 October 2026 via checked.be.