ACOS: 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.
ACOS
Largest movements
- Cash -€6,729
down €6,729 (-82.6%), from €8,142 to €1,413
mainly Net result for the year (-€37,959) and Investment in fixed assets (net) (-€20,761)
- Tangible fixed assets -€2,332
down €2,332 (-2.1%), from €109,695 to €107,363
of which Land and buildings: -€20,353
- Profit (loss) carried forward -€37,959
down €37,959 (-10.8%), from -€351,721 to -€389,680
- Debts after one year +€30,165
up €30,165 (+6.5%), from €461,685 to €491,850
- Gross operating margin -€12,844
down €12,844, from €1,253 to -€11,592
- Depreciation -€2,523
down €2,523 (-9.8%), from €25,616 to €23,093
- Other operating charges -€257
down €257 (-16.7%), from €1,540 to €1,283
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 | €134,119 | €125,734 | -€8,384 | -6.3% |
| Fixed assets | 21/28 | €109,695 | €107,363 | -€2,332 | -2.1% |
| Tangible fixed assets | 22/27 | €109,695 | €107,363 | -€2,332 | -2.1% |
| Land and buildings | 22 | €104,371 | €84,018 | -€20,353 | -19.5% |
| Plant, machinery and equipment | 23 | €132 | €66 | -€66 | -50.0% |
| Furniture and vehicles | 24 | €5,192 | €23,279 | +€18,087 | +348.4% |
| Current assets | 29/58 | €24,424 | €18,372 | -€6,052 | -24.8% |
| Amounts receivable within one year | 40/41 | €15,233 | €14,887 | -€346 | -2.3% |
| Trade receivables | 40 | €15,200 | €13,139 | -€2,061 | -13.6% |
| Other amounts receivable | 41 | €33 | €1,748 | +€1,714 | +5128.6% |
| Cash at bank and in hand | 54/58 | €8,142 | €1,413 | -€6,729 | -82.6% |
| Deferred charges and accrued income | 490/1 | €1,048 | €2,072 | +€1,024 | +97.7% |
| Total equity and liabilities | 10/49 | €134,119 | €125,734 | -€8,384 | -6.3% |
| Equity | 10/15 | -€329,453 | -€367,412 | -€37,959 | -11.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €3,718 | €3,718 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€351,721 | -€389,680 | -€37,959 | -10.8% |
| Amounts payable | 17/49 | €463,572 | €493,146 | +€29,574 | +6.4% |
| Amounts payable after more than one year | 17 | €461,685 | €491,850 | +€30,165 | +6.5% |
| Other amounts payable | 178/9 | €461,685 | €491,850 | +€30,165 | +6.5% |
| Amounts payable within one year | 42/48 | €1,887 | €1,296 | -€591 | -31.3% |
| Trade debts | 44 | €1,887 | €1,296 | -€591 | -31.3% |
| Suppliers | 440/4 | €1,887 | €1,296 | -€591 | -31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,616 | €23,093 | -€2,523 | -9.8% |
| Other operating charges | 640/8 | €1,540 | €1,283 | -€257 | -16.7% |
| Non-recurring operating charges | 66A | - | €1,949 | +€1,949 | |
| Gross operating margin | 9900 | €1,253 | -€11,592 | -€12,844 | |
| Operating profit (loss) | 9901 | -€25,903 | -€37,916 | -€12,013 | -46.4% |
| Financial charges | 65/66B | €45 | €42 | -€3 | -5.7% |
| Recurring financial charges | 65 | €45 | €42 | -€3 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,948 | -€37,959 | -€12,011 | -46.3% |
| Profit (loss) for the period | 9904 | -€25,948 | -€37,959 | -€12,011 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,948 | -€37,959 | -€12,011 | -46.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.