ACORUS: 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.
ACORUS
Largest movements
- Current investments -€105,649
down €105,649 (-42.9%), from €246,064 to €140,415
- Receivables within one year +€13,311
up €13,311 (+88.2%), from €15,096 to €28,407
of which Trade receivables: +€14,497
- Cash -€12,258
down €12,258 (-15.8%), from €77,486 to €65,228
mainly Contributions, distributions and other (-€91,424) and Net result for the year (-€15,190)
- Tangible fixed assets -€8,161
down €8,161 (-32.4%), from €25,159 to €16,998
of which Furniture and vehicles: -€5,714
- Reserves -€91,424
down €91,424 (-27.1%), from €337,180 to €245,756
of which Distributable reserves: -€91,424
- Profit (loss) carried forward -€15,190
down €15,190 (-84.1%), from -€18,065 to -€33,255
- Trade debts -€12,442
down €12,442 (-98.8%), from €12,589 to €147
- Tax, wage and social debts +€4,755
up €4,755 (+137%), from €3,479 to €8,234
- Gross operating margin +€54,907
up €54,907 (+80.2%), from -€68,445 to -€13,538
- Financial income -€11,917
down €11,917 (-56.6%), from €21,049 to €9,132
- Depreciation -€983
down €983 (-11.4%), from €8,591 to €7,608
- Taxes -€928
down €928 (-71.8%), from €1,293 to €365
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 | €364,756 | €252,462 | -€112,294 | -30.8% |
| Fixed assets | 21/28 | €25,159 | €16,998 | -€8,161 | -32.4% |
| Tangible fixed assets | 22/27 | €25,159 | €16,998 | -€8,161 | -32.4% |
| Land and buildings | 22 | €552 | - | -€552 | |
| Plant, machinery and equipment | 23 | €7,650 | €5,756 | -€1,894 | -24.8% |
| Furniture and vehicles | 24 | €16,956 | €11,242 | -€5,714 | -33.7% |
| Current assets | 29/58 | €339,597 | €235,463 | -€104,133 | -30.7% |
| Amounts receivable within one year | 40/41 | €15,096 | €28,407 | +€13,311 | +88.2% |
| Trade receivables | 40 | €5,014 | €19,511 | +€14,497 | +289% |
| Other amounts receivable | 41 | €10,082 | €8,896 | -€1,186 | -11.8% |
| Current investments | 50/53 | €246,064 | €140,415 | -€105,649 | -42.9% |
| Cash at bank and in hand | 54/58 | €77,486 | €65,228 | -€12,258 | -15.8% |
| Deferred charges and accrued income | 490/1 | €952 | €1,414 | +€462 | +48.5% |
| Total equity and liabilities | 10/49 | €364,756 | €252,462 | -€112,294 | -30.8% |
| Equity | 10/15 | €337,715 | €231,101 | -€106,614 | -31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €337,180 | €245,756 | -€91,424 | -27.1% |
| Tax-exempt reserves | 132 | €32,050 | €32,050 | = | 0.0% |
| Distributable reserves | 133 | €305,130 | €213,706 | -€91,424 | -30.0% |
| Profit (loss) carried forward | 14 | -€18,065 | -€33,255 | -€15,190 | -84.1% |
| Amounts payable | 17/49 | €27,040 | €21,361 | -€5,680 | -21.0% |
| Amounts payable within one year | 42/48 | €16,509 | €8,821 | -€7,688 | -46.6% |
| Current portion of amounts payable after more than one year | 42 | €440 | €440 | = | 0.0% |
| Trade debts | 44 | €12,589 | €147 | -€12,442 | -98.8% |
| Suppliers | 440/4 | €12,589 | €147 | -€12,442 | -98.8% |
| Taxes, remuneration and social security | 45 | €3,479 | €8,234 | +€4,755 | +137% |
| Taxes | 450/3 | €3,479 | €8,234 | +€4,755 | +137% |
| Accrued charges and deferred income | 492/3 | €10,532 | €12,539 | +€2,008 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,591 | €7,608 | -€983 | -11.4% |
| Other operating charges | 640/8 | €1,118 | €1,636 | +€518 | +46.3% |
| Non-recurring operating charges | 66A | €108 | €153 | +€45 | +41.7% |
| Gross operating margin | 9900 | -€68,445 | -€13,538 | +€54,907 | +80.2% |
| Operating profit (loss) | 9901 | -€78,263 | -€22,936 | +€55,326 | +70.7% |
| Financial income | 75/76B | €21,049 | €9,132 | -€11,917 | -56.6% |
| Recurring financial income | 75 | €21,049 | €9,132 | -€11,917 | -56.6% |
| Financial charges | 65/66B | €576 | €1,021 | +€446 | +77.4% |
| Recurring financial charges | 65 | €576 | €1,021 | +€446 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,789 | -€14,826 | +€42,963 | +74.3% |
| Income taxes | 67/77 | €1,293 | €365 | -€928 | -71.8% |
| Profit (loss) for the period | 9904 | -€59,082 | -€15,190 | +€43,891 | +74.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,082 | -€15,190 | +€43,891 | +74.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.