ACQUIS: 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.
ACQUIS
Largest movements
- Receivables within one year +€541,362
up €541,362 (+36.4%), from €1.5m to €2.0m
of which Trade receivables: +€548,191
- Deferred charges and accrued income -€521,539
down €521,539 (-77.8%), from €670,161 to €148,622
- Cash -€108,979
down €108,979 (-13.0%), from €841,026 to €732,047
mainly Receivables within one year (-€541,362) and Contributions, distributions and other (-€404,000)
- Other debts +€300,000
new in 2025: €300,000
- Profit (loss) carried forward -€165,847
down €165,847 (-10.9%), from €1.5m to €1.4m
- Tax, wage and social debts -€159,911
down €159,911 (-77.3%), from €206,905 to €46,995
of which Taxes: -€103,133
- Trade debts -€89,266
down €89,266 (-9.4%), from €951,799 to €862,534
- Staff costs -€229,835
down €229,835 (-43.7%), from €526,276 to €296,441
- Taxes +€45,014
up €45,014 (+111.3%), from €40,460 to €85,474
- Gross operating margin -€40,773
down €40,773 (-5.8%), from €697,987 to €657,214
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 | €3,163,880 | €3,065,677 | -€98,203 | -3.1% |
| Fixed assets | 21/28 | €163,504 | €154,458 | -€9,047 | -5.5% |
| Intangible fixed assets | 21 | €4,817 | €2,944 | -€1,873 | -38.9% |
| Tangible fixed assets | 22/27 | €158,687 | €130,414 | -€28,274 | -17.8% |
| Furniture and vehicles | 24 | €43,838 | €28,591 | -€15,247 | -34.8% |
| Other tangible fixed assets | 26 | €114,849 | €101,823 | -€13,026 | -11.3% |
| Financial fixed assets | 28 | - | €21,100 | +€21,100 | |
| Current assets | 29/58 | €3,000,376 | €2,911,219 | -€89,156 | -3.0% |
| Amounts receivable within one year | 40/41 | €1,489,189 | €2,030,551 | +€541,362 | +36.4% |
| Trade receivables | 40 | €1,247,607 | €1,795,798 | +€548,191 | +43.9% |
| Other amounts receivable | 41 | €241,582 | €234,752 | -€6,830 | -2.8% |
| Cash at bank and in hand | 54/58 | €841,026 | €732,047 | -€108,979 | -13.0% |
| Deferred charges and accrued income | 490/1 | €670,161 | €148,622 | -€521,539 | -77.8% |
| Total equity and liabilities | 10/49 | €3,163,880 | €3,065,677 | -€98,203 | -3.1% |
| Equity | 10/15 | €1,616,667 | €1,450,820 | -€165,847 | -10.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,516,667 | €1,350,820 | -€165,847 | -10.9% |
| Amounts payable | 17/49 | €1,547,213 | €1,614,857 | +€67,644 | +4.4% |
| Amounts payable within one year | 42/48 | €1,158,705 | €1,226,348 | +€67,644 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,820 | +€16,820 | |
| Trade debts | 44 | €951,799 | €862,534 | -€89,266 | -9.4% |
| Suppliers | 440/4 | €951,799 | €862,534 | -€89,266 | -9.4% |
| Taxes, remuneration and social security | 45 | €206,905 | €46,995 | -€159,911 | -77.3% |
| Taxes | 450/3 | €146,104 | €42,971 | -€103,133 | -70.6% |
| Remuneration and social security | 454/9 | €60,802 | €4,024 | -€56,778 | -93.4% |
| Other amounts payable | 47/48 | - | €300,000 | +€300,000 | |
| Accrued charges and deferred income | 492/3 | €388,508 | €388,508 | = | 0.0% |
| Non-recurring operating income | 76A | - | €200 | +€200 | |
| Remuneration, social security and pensions | 62 | €526,276 | €296,441 | -€229,835 | -43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,913 | €32,131 | -€1,782 | -5.3% |
| Other operating charges | 640/8 | €1,169 | €998 | -€170 | -14.6% |
| Gross operating margin | 9900 | €697,987 | €657,214 | -€40,773 | -5.8% |
| Operating profit (loss) | 9901 | €136,630 | €327,644 | +€191,014 | +139.8% |
| Financial income | 75/76B | €5,213 | €1,514 | -€3,699 | -71.0% |
| Recurring financial income | 75 | €5,213 | €1,514 | -€3,699 | -71.0% |
| Financial charges | 65/66B | €2,099 | €5,531 | +€3,432 | +163.5% |
| Recurring financial charges | 65 | €2,099 | €5,531 | +€3,432 | +163.5% |
| Profit (loss) for the period before taxes | 9903 | €139,745 | €323,627 | +€183,883 | +131.6% |
| Income taxes | 67/77 | €40,460 | €85,474 | +€45,014 | +111.3% |
| Profit (loss) for the period | 9904 | €99,285 | €238,153 | +€138,869 | +139.9% |
| Profit (loss) for the period to be appropriated | 9905 | €99,285 | €238,153 | +€138,869 | +139.9% |
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 12 October 2026 via checked.be.