ACQUISTO MANAGEMENT: 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.
ACQUISTO MANAGEMENT
Largest movements
- Cash +€156,908
up €156,908 (+121.4%), from €129,242 to €286,150
mainly Net result for the year (+€209,257) and Receivables after one year (+€48,400)
- Receivables after one year -€48,400
no longer reported in 2025 (was €48,400)
- Receivables within one year +€37,157
new in 2025: €37,157
of which Trade receivables: +€36,300
- Profit (loss) carried forward +€209,257
up €209,257 (+116.8%), from €179,160 to €388,417
- Debts after one year -€41,124
down €41,124 (-10.9%), from €377,952 to €336,828
- Other debts -€19,760
down €19,760 (-34.0%), from €58,126 to €38,365
- Gross operating margin +€31,341
up €31,341 (+12.0%), from €261,827 to €293,168
- Taxes +€10,119
up €10,119 (+16.9%), from €60,024 to €70,143
- Financial charges -€9,313
down €9,313 (-41.7%), from €22,355 to €13,042
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 | €679,115 | €824,053 | +€144,938 | +21.3% |
| Fixed assets | 21/28 | €501,473 | €500,747 | -€726 | -0.1% |
| Tangible fixed assets | 22/27 | €1,473 | €747 | -€726 | -49.3% |
| Plant, machinery and equipment | 23 | €582 | €428 | -€154 | -26.5% |
| Furniture and vehicles | 24 | €891 | €319 | -€572 | -64.2% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €177,642 | €323,307 | +€145,664 | +82.0% |
| Amounts receivable after more than one year | 29 | €48,400 | - | -€48,400 | |
| Trade receivables | 290 | €48,400 | - | -€48,400 | |
| Amounts receivable within one year | 40/41 | - | €37,157 | +€37,157 | |
| Trade receivables | 40 | - | €36,300 | +€36,300 | |
| Other amounts receivable | 41 | - | €857 | +€857 | |
| Cash at bank and in hand | 54/58 | €129,242 | €286,150 | +€156,908 | +121.4% |
| Total equity and liabilities | 10/49 | €679,115 | €824,053 | +€144,938 | +21.3% |
| Equity | 10/15 | €181,660 | €390,917 | +€209,257 | +115.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,160 | €388,417 | +€209,257 | +116.8% |
| Amounts payable | 17/49 | €497,455 | €433,136 | -€64,318 | -12.9% |
| Amounts payable after more than one year | 17 | €377,952 | €336,828 | -€41,124 | -10.9% |
| Financial debts | 170/4 | €377,952 | €336,828 | -€41,124 | -10.9% |
| Amounts payable within one year | 42/48 | €119,502 | €96,309 | -€23,194 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €39,821 | €41,124 | +€1,303 | +3.3% |
| Trade debts | 44 | €387 | €0 | -€387 | -100.0% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100.0% |
| Taxes, remuneration and social security | 45 | €21,168 | €16,819 | -€4,349 | -20.5% |
| Taxes | 450/3 | €19,954 | €16,819 | -€3,135 | -15.7% |
| Remuneration and social security | 454/9 | €1,214 | €0 | -€1,214 | -100.0% |
| Other amounts payable | 47/48 | €58,126 | €38,365 | -€19,760 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €726 | +€438 | +152.4% |
| Gross operating margin | 9900 | €261,827 | €293,168 | +€31,341 | +12.0% |
| Operating profit (loss) | 9901 | €261,539 | €292,442 | +€30,903 | +11.8% |
| Financial charges | 65/66B | €22,355 | €13,042 | -€9,313 | -41.7% |
| Recurring financial charges | 65 | €22,355 | €13,042 | -€9,313 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €239,184 | €279,400 | +€40,216 | +16.8% |
| Income taxes | 67/77 | €60,024 | €70,143 | +€10,119 | +16.9% |
| Profit (loss) for the period | 9904 | €179,160 | €209,257 | +€30,097 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €179,160 | €209,257 | +€30,097 | +16.8% |
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.