ACOZA: 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.
ACOZA
Largest movements
- Receivables within one year +€97,019
up €97,019 (+3169.9%), from €3,061 to €100,080
of which Trade receivables: +€71,376
- Tangible fixed assets -€30,658
down €30,658 (-7.2%), from €426,727 to €396,069
- Trade debts +€89,210
up €89,210 (+111.1%), from €80,311 to €169,521
- Debts after one year -€39,094
down €39,094 (-11.0%), from €355,768 to €316,674
- Profit (loss) carried forward +€18,881
no longer reported in 2025 (was -€18,881)
- Other debts -€7,456
no longer reported in 2025 (was €7,456)
- Gross operating margin +€38,068
up €38,068 (+39.9%), from €95,337 to €133,406
- Staff costs +€16,654
up €16,654 (+34.8%), from €47,805 to €64,459
- Financial charges +€1,714
up €1,714 (+13.2%), from €12,966 to €14,680
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 | €475,618 | €539,474 | +€63,856 | +13.4% |
| Fixed assets | 21/28 | €427,977 | €397,319 | -€30,658 | -7.2% |
| Tangible fixed assets | 22/27 | €426,727 | €396,069 | -€30,658 | -7.2% |
| Land and buildings | 22 | €325,073 | €311,766 | -€13,306 | -4.1% |
| Plant, machinery and equipment | 23 | €80,435 | €69,897 | -€10,537 | -13.1% |
| Furniture and vehicles | 24 | €21,220 | €14,406 | -€6,814 | -32.1% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €47,641 | €142,155 | +€94,514 | +198.4% |
| Stocks and contracts in progress | 3 | €15,436 | €11,450 | -€3,986 | -25.8% |
| Stocks | 30/36 | €15,436 | €11,450 | -€3,986 | -25.8% |
| Amounts receivable within one year | 40/41 | €3,061 | €100,080 | +€97,019 | +3169.9% |
| Trade receivables | 40 | €58 | €71,434 | +€71,376 | +122639.1% |
| Other amounts receivable | 41 | €3,002 | €28,646 | +€25,643 | +854.1% |
| Cash at bank and in hand | 54/58 | €29,144 | €30,625 | +€1,481 | +5.1% |
| Total equity and liabilities | 10/49 | €475,618 | €539,474 | +€63,856 | +13.4% |
| Equity | 10/15 | -€13,881 | €8,529 | +€22,411 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €3,529 | +€3,529 | |
| Distributable reserves | 133 | - | €3,529 | +€3,529 | |
| Profit (loss) carried forward | 14 | -€18,881 | - | +€18,881 | |
| Amounts payable | 17/49 | €489,500 | €530,945 | +€41,446 | +8.5% |
| Amounts payable after more than one year | 17 | €355,768 | €316,674 | -€39,094 | -11.0% |
| Financial debts | 170/4 | €355,768 | €316,674 | -€39,094 | -11.0% |
| Amounts payable within one year | 42/48 | €133,731 | €214,271 | +€80,540 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €38,046 | €39,094 | +€1,048 | +2.8% |
| Trade debts | 44 | €80,311 | €169,521 | +€89,210 | +111.1% |
| Suppliers | 440/4 | €80,311 | €169,521 | +€89,210 | +111.1% |
| Taxes, remuneration and social security | 45 | €7,920 | €5,656 | -€2,263 | -28.6% |
| Remuneration and social security | 454/9 | €7,920 | €5,656 | -€2,263 | -28.6% |
| Other amounts payable | 47/48 | €7,456 | - | -€7,456 | |
| Non-recurring operating income | 76A | €715 | - | -€715 | |
| Remuneration, social security and pensions | 62 | €47,805 | €64,459 | +€16,654 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,925 | €31,969 | +€44 | +0.1% |
| Other operating charges | 640/8 | €1,730 | €488 | -€1,242 | -71.8% |
| Gross operating margin | 9900 | €95,337 | €133,406 | +€38,068 | +39.9% |
| Operating profit (loss) | 9901 | €13,877 | €36,490 | +€22,613 | +163.0% |
| Financial income | 75/76B | €140 | €776 | +€636 | +453.9% |
| Recurring financial income | 75 | €140 | €776 | +€636 | +453.9% |
| Financial charges | 65/66B | €12,966 | €14,680 | +€1,714 | +13.2% |
| Recurring financial charges | 65 | €12,966 | €14,680 | +€1,714 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €1,050 | €22,585 | +€21,534 | +2050.1% |
| Income taxes | 67/77 | €126 | €174 | +€48 | +38.2% |
| Profit (loss) for the period | 9904 | €924 | €22,411 | +€21,486 | +2324.4% |
| Profit (loss) for the period to be appropriated | 9905 | €924 | €22,411 | +€21,486 | +2324.4% |
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 6 October 2026 via checked.be.