ACPL HUY: 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.
ACPL HUY
Largest movements
- Cash +€162,789
up €162,789 (+24.6%), from €662,849 to €825,638
mainly Net result for the year (+€122,360) and Depreciation (+€19,567)
- Tangible fixed assets -€22,453
down €22,453 (-19.4%), from €115,465 to €93,012
of which Plant, machinery and equipment: -€11,710
- Receivables within one year -€17,429
down €17,429 (-14.8%), from €117,596 to €100,167
of which Other amounts receivable: -€13,450
- Profit (loss) carried forward +€122,360
up €122,360 (+23.1%), from €530,446 to €652,807
- Trade debts -€11,461
down €11,461 (-26.1%), from €43,853 to €32,393
- Turnover -€117,023
down €117,023 (-8.7%), from €1.3m to €1.2m
- Purchases and services -€98,455
down €98,455 (-9.3%), from €1.1m to €963,227
- Staff costs -€21,572
down €21,572 (-21.3%), from €101,046 to €79,474
- Gross operating margin -€17,923
down €17,923 (-6.3%), from €285,263 to €267,340
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 | €980,624 | €1,103,448 | +€122,824 | +12.5% |
| Fixed assets | 21/28 | €115,465 | €93,012 | -€22,453 | -19.4% |
| Tangible fixed assets | 22/27 | €115,465 | €93,012 | -€22,453 | -19.4% |
| Land and buildings | 22 | €54,833 | €50,000 | -€4,833 | -8.8% |
| Plant, machinery and equipment | 23 | €33,405 | €21,695 | -€11,710 | -35.1% |
| Furniture and vehicles | 24 | €27,227 | €21,317 | -€5,910 | -21.7% |
| Current assets | 29/58 | €865,159 | €1,010,437 | +€145,277 | +16.8% |
| Stocks and contracts in progress | 3 | €69,322 | €78,474 | +€9,153 | +13.2% |
| Stocks | 30/36 | €69,322 | €78,474 | +€9,153 | +13.2% |
| Amounts receivable within one year | 40/41 | €117,596 | €100,167 | -€17,429 | -14.8% |
| Trade receivables | 40 | €95,837 | €91,859 | -€3,979 | -4.2% |
| Other amounts receivable | 41 | €21,759 | €8,309 | -€13,450 | -61.8% |
| Cash at bank and in hand | 54/58 | €662,849 | €825,638 | +€162,789 | +24.6% |
| Deferred charges and accrued income | 490/1 | €15,393 | €6,158 | -€9,235 | -60.0% |
| Total equity and liabilities | 10/49 | €980,624 | €1,103,448 | +€122,824 | +12.5% |
| Equity | 10/15 | €918,846 | €1,041,207 | +€122,360 | +13.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €188,400 | €188,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €168,400 | €84,200 | -€84,200 | -50.0% |
| Distributable reserves | 133 | - | €84,200 | +€84,200 | |
| Profit (loss) carried forward | 14 | €530,446 | €652,807 | +€122,360 | +23.1% |
| Amounts payable | 17/49 | €61,778 | €62,242 | +€464 | +0.8% |
| Amounts payable within one year | 42/48 | €61,778 | €53,427 | -€8,351 | -13.5% |
| Trade debts | 44 | €43,853 | €32,393 | -€11,461 | -26.1% |
| Suppliers | 440/4 | €43,853 | €32,393 | -€11,461 | -26.1% |
| Taxes, remuneration and social security | 45 | €17,924 | €21,034 | +€3,109 | +17.3% |
| Taxes | 450/3 | €11,200 | €15,836 | +€4,635 | +41.4% |
| Remuneration and social security | 454/9 | €6,724 | €5,198 | -€1,526 | -22.7% |
| Accrued charges and deferred income | 492/3 | - | €8,815 | +€8,815 | |
| Turnover | 70 | €1,344,871 | €1,227,848 | -€117,023 | -8.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,061,682 | €963,227 | -€98,455 | -9.3% |
| Remuneration, social security and pensions | 62 | €101,046 | €79,474 | -€21,572 | -21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,493 | €19,567 | -€5,925 | -23.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,485 | €582 | -€1,903 | -76.6% |
| Other operating charges | 640/8 | €8,716 | €12,599 | +€3,884 | +44.6% |
| Gross operating margin | 9900 | €285,263 | €267,340 | -€17,923 | -6.3% |
| Operating profit (loss) | 9901 | €147,524 | €155,118 | +€7,594 | +5.1% |
| Financial income | 75/76B | €15,225 | €16,912 | +€1,687 | +11.1% |
| Recurring financial income | 75 | €15,225 | €16,912 | +€1,687 | +11.1% |
| Financial charges | 65/66B | €3,896 | €4,709 | +€813 | +20.9% |
| Recurring financial charges | 65 | €3,896 | €4,709 | +€813 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €158,853 | €167,321 | +€8,468 | +5.3% |
| Income taxes | 67/77 | €40,992 | €44,961 | +€3,969 | +9.7% |
| Profit (loss) for the period | 9904 | €117,861 | €122,360 | +€4,500 | +3.8% |
| Transfer from tax-exempt reserves | 789 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €117,861 | €206,560 | +€88,700 | +75.3% |
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 15 October 2026 via checked.be.