ACP WOOD: what changed
ACP WOOD
Largest movements
- Tangible fixed assets +€26,855
up €26,855 (+57.1%), from €47,047 to €73,902
of which Other tangible fixed assets: +€23,140
- Cash -€4,349
down €4,349 (-89.0%), from €4,888 to €539
mainly Investment in fixed assets (net) (-€44,810) and Receivables within one year (-€3,018)
- Receivables within one year +€3,018
up €3,018 (+6.7%), from €45,017 to €48,035
of which Other amounts receivable: +€3,018
- Deferred charges and accrued income +€1,690
up €1,690 (+257%), from €657 to €2,347
- Debts after one year +€15,401
up €15,401 (+62.8%), from €24,536 to €39,937
- Current portion of long-term debt +€8,311
up €8,311 (+104%), from €8,000 to €16,311
- Profit (loss) carried forward +€4,236
up €4,236 (+13.6%), from -€31,220 to -€26,984
- Other debts -€2,762
down €2,762 (-3.1%), from €89,009 to €86,247
- Trade debts +€2,445
up €2,445 (+79.0%), from €3,093 to €5,538
- Gross operating margin -€10,586
down €10,586 (-18.0%), from €58,666 to €48,080
- Depreciation +€3,825
up €3,825 (+27.1%), from €14,130 to €17,955
- Taxes -€2,841
no longer reported in 2025 (was €2,841)
- Other operating charges -€2,711
down €2,711 (-93.3%), from €2,905 to €194
- Staff costs -€1,640
down €1,640 (-6.9%), from €23,637 to €21,997
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,564 | €145,472 | +€26,908 | +22.7% |
| Fixed assets | 21/28 | €50,047 | €76,902 | +€26,855 | +53.7% |
| Tangible fixed assets | 22/27 | €47,047 | €73,902 | +€26,855 | +57.1% |
| Plant, machinery and equipment | 23 | €3,664 | €2,716 | -€948 | -25.9% |
| Furniture and vehicles | 24 | €9,273 | €23,937 | +€14,664 | +158% |
| Leasing and similar rights | 25 | €34,110 | €24,109 | -€10,001 | -29.3% |
| Other tangible fixed assets | 26 | - | €23,140 | +€23,140 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €68,517 | €68,570 | +€53 | +0.1% |
| Stocks and contracts in progress | 3 | €17,955 | €17,649 | -€306 | -1.7% |
| Stocks | 30/36 | €17,955 | €17,649 | -€306 | -1.7% |
| Amounts receivable within one year | 40/41 | €45,017 | €48,035 | +€3,018 | +6.7% |
| Trade receivables | 40 | €932 | €932 | = | 0.0% |
| Other amounts receivable | 41 | €44,085 | €47,103 | +€3,018 | +6.8% |
| Cash at bank and in hand | 54/58 | €4,888 | €539 | -€4,349 | -89.0% |
| Deferred charges and accrued income | 490/1 | €657 | €2,347 | +€1,690 | +257% |
| Total equity and liabilities | 10/49 | €118,564 | €145,472 | +€26,908 | +22.7% |
| Equity | 10/15 | -€11,399 | -€7,163 | +€4,236 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,221 | €1,221 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,221 | €1,221 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,221 | €1,221 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,220 | -€26,984 | +€4,236 | +13.6% |
| Amounts payable | 17/49 | €129,963 | €152,635 | +€22,672 | +17.4% |
| Amounts payable after more than one year | 17 | €24,536 | €39,937 | +€15,401 | +62.8% |
| Financial debts | 170/4 | €24,536 | €39,937 | +€15,401 | +62.8% |
| Amounts payable within one year | 42/48 | €105,427 | €112,698 | +€7,271 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €16,311 | +€8,311 | +104% |
| Trade debts | 44 | €3,093 | €5,538 | +€2,445 | +79.0% |
| Suppliers | 440/4 | €3,093 | €5,538 | +€2,445 | +79.0% |
| Taxes, remuneration and social security | 45 | €5,325 | €4,602 | -€723 | -13.6% |
| Taxes | 450/3 | €3,646 | €2,584 | -€1,062 | -29.1% |
| Remuneration and social security | 454/9 | €1,679 | €2,018 | +€339 | +20.2% |
| Other amounts payable | 47/48 | €89,009 | €86,247 | -€2,762 | -3.1% |
| Remuneration, social security and pensions | 62 | €23,637 | €21,997 | -€1,640 | -6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,130 | €17,955 | +€3,825 | +27.1% |
| Other operating charges | 640/8 | €2,905 | €194 | -€2,711 | -93.3% |
| Gross operating margin | 9900 | €58,666 | €48,080 | -€10,586 | -18.0% |
| Operating profit (loss) | 9901 | €17,994 | €7,934 | -€10,060 | -55.9% |
| Financial charges | 65/66B | €3,598 | €3,698 | +€100 | +2.8% |
| Recurring financial charges | 65 | €3,598 | €3,698 | +€100 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €14,396 | €4,236 | -€10,160 | -70.6% |
| Income taxes | 67/77 | €2,841 | - | -€2,841 | |
| Profit (loss) for the period | 9904 | €11,555 | €4,236 | -€7,319 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,555 | €4,236 | -€7,319 | -63.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.