ACQUISE: 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.
ACQUISE
Largest movements
- Cash -€209,888
down €209,888 (-73.5%), from €285,620 to €75,732
mainly Contributions, distributions and other (-€311,280) and Current investments (-€81,559)
- Current investments +€81,559
new in 2026: €81,559
- Tangible fixed assets -€13,228
down €13,228 (-27.5%), from €48,098 to €34,869
of which Furniture and vehicles: -€12,790
- Reserves -€236,482
down €236,482 (-76.0%), from €311,283 to €74,801
- Other debts +€90,000
new in 2026: €90,000
- Tax, wage and social debts +€4,029
up €4,029 (+80.5%), from €5,006 to €9,035
- Gross operating margin +€8,841
up €8,841 (+8.2%), from €107,838 to €116,679
- Taxes +€7,051
up €7,051 (+34.1%), from €20,691 to €27,741
- Financial charges +€1,343
up €1,343 (+1,078%), from €125 to €1,468
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,784 | €194,435 | -€142,349 | -42.3% |
| Fixed assets | 21/28 | €48,098 | €34,869 | -€13,228 | -27.5% |
| Tangible fixed assets | 22/27 | €48,098 | €34,869 | -€13,228 | -27.5% |
| Plant, machinery and equipment | 23 | €1,451 | €1,012 | -€439 | -30.2% |
| Furniture and vehicles | 24 | €46,647 | €33,857 | -€12,790 | -27.4% |
| Current assets | 29/58 | €288,686 | €159,566 | -€129,120 | -44.7% |
| Amounts receivable within one year | 40/41 | €814 | - | -€814 | |
| Other amounts receivable | 41 | €814 | - | -€814 | |
| Current investments | 50/53 | - | €81,559 | +€81,559 | |
| Cash at bank and in hand | 54/58 | €285,620 | €75,732 | -€209,888 | -73.5% |
| Deferred charges and accrued income | 490/1 | €2,252 | €2,275 | +€22 | +1.0% |
| Total equity and liabilities | 10/49 | €336,784 | €194,435 | -€142,349 | -42.3% |
| Equity | 10/15 | €329,883 | €93,401 | -€236,482 | -71.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €311,283 | €74,801 | -€236,482 | -76.0% |
| Distributable reserves | 133 | €311,283 | €74,801 | -€236,482 | -76.0% |
| Amounts payable | 17/49 | €6,901 | €101,035 | +€94,133 | +1,364% |
| Amounts payable within one year | 42/48 | €6,901 | €101,035 | +€94,133 | +1,364% |
| Trade debts | 44 | €1,895 | €1,999 | +€104 | +5.5% |
| Suppliers | 440/4 | €1,895 | €1,999 | +€104 | +5.5% |
| Taxes, remuneration and social security | 45 | €5,006 | €9,035 | +€4,029 | +80.5% |
| Taxes | 450/3 | €5,006 | €9,035 | +€4,029 | +80.5% |
| Other amounts payable | 47/48 | - | €90,000 | +€90,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,288 | €13,228 | -€60 | -0.4% |
| Other operating charges | 640/8 | €1,366 | €1,324 | -€42 | -3.0% |
| Gross operating margin | 9900 | €107,838 | €116,679 | +€8,841 | +8.2% |
| Operating profit (loss) | 9901 | €93,184 | €102,126 | +€8,942 | +9.6% |
| Financial income | 75/76B | €1,058 | €1,881 | +€823 | +77.8% |
| Recurring financial income | 75 | €1,058 | €1,881 | +€823 | +77.8% |
| Financial charges | 65/66B | €125 | €1,468 | +€1,343 | +1,078% |
| Recurring financial charges | 65 | €125 | €1,468 | +€1,343 | +1,078% |
| Profit (loss) for the period before taxes | 9903 | €94,117 | €102,539 | +€8,422 | +8.9% |
| Income taxes | 67/77 | €20,691 | €27,741 | +€7,051 | +34.1% |
| Profit (loss) for the period | 9904 | €73,426 | €74,798 | +€1,372 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,426 | €74,798 | +€1,372 | +1.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.