ACR WORK CONCEPT: 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.
ACR WORK CONCEPT
Largest movements
- Tangible fixed assets -€48,495
no longer reported in 2024 (was €48,495)
- Receivables within one year +€28,231
up €28,231 (+111%), from €25,380 to €53,611
of which Other amounts receivable: +€42,069
- Cash -€6,683
down €6,683 (-43.6%), from €15,317 to €8,634
- Other debts -€21,886
down €21,886 (-42.1%), from €51,980 to €30,094
- Trade debts -€3,337
down €3,337 (-20.9%), from €15,985 to €12,648
- Profit (loss) carried forward -€1,697
down €1,697 (-10.5%), from €16,227 to €14,530
- Gross operating margin +€27,213
up €27,213 (+109%), from €24,895 to €52,108
- Financial charges +€26,294
up €26,294 (+7,796%), from €337 to €26,632
of which Non-recurring financial charges: +€26,535
- Depreciation +€4,575
up €4,575 (+71.4%), from €6,405 to €10,980
- Taxes +€3,488
new in 2024: €3,488
- Other operating charges -€577
down €577 (-29.0%), from €1,988 to €1,410
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,192 | €62,273 | -€26,919 | -30.2% |
| Fixed assets | 21/28 | €48,495 | - | -€48,495 | |
| Tangible fixed assets | 22/27 | €48,495 | - | -€48,495 | |
| Furniture and vehicles | 24 | €48,495 | - | -€48,495 | |
| Current assets | 29/58 | €40,697 | €62,273 | +€21,576 | +53.0% |
| Amounts receivable within one year | 40/41 | €25,380 | €53,611 | +€28,231 | +111% |
| Trade receivables | 40 | €15,614 | €1,777 | -€13,838 | -88.6% |
| Other amounts receivable | 41 | €9,765 | €51,834 | +€42,069 | +431% |
| Cash at bank and in hand | 54/58 | €15,317 | €8,634 | -€6,683 | -43.6% |
| Deferred charges and accrued income | 490/1 | - | €27 | +€27 | |
| Total equity and liabilities | 10/49 | €89,192 | €62,273 | -€26,919 | -30.2% |
| Equity | 10/15 | €21,227 | €19,530 | -€1,697 | -8.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,227 | €14,530 | -€1,697 | -10.5% |
| Amounts payable | 17/49 | €67,965 | €42,742 | -€25,222 | -37.1% |
| Amounts payable within one year | 42/48 | €67,965 | €42,742 | -€25,222 | -37.1% |
| Trade debts | 44 | €15,985 | €12,648 | -€3,337 | -20.9% |
| Suppliers | 440/4 | €15,985 | €12,648 | -€3,337 | -20.9% |
| Other amounts payable | 47/48 | €51,980 | €30,094 | -€21,886 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,405 | €10,980 | +€4,575 | +71.4% |
| Other operating charges | 640/8 | €1,988 | €1,410 | -€577 | -29.0% |
| Gross operating margin | 9900 | €24,895 | €52,108 | +€27,213 | +109% |
| Operating profit (loss) | 9901 | €16,503 | €39,718 | +€23,215 | +141% |
| Financial income | 75/76B | €62 | - | -€62 | |
| Recurring financial income | 75 | €62 | - | -€62 | |
| Financial charges | 65/66B | €337 | €26,632 | +€26,294 | +7,796% |
| Recurring financial charges | 65 | €337 | €97 | -€241 | -71.4% |
| Non-recurring financial charges | 66B | - | €26,535 | +€26,535 | |
| Profit (loss) for the period before taxes | 9903 | €16,227 | €13,086 | -€3,141 | -19.4% |
| Income taxes | 67/77 | - | €3,488 | +€3,488 | |
| Profit (loss) for the period | 9904 | €16,227 | €9,598 | -€6,629 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,227 | €9,598 | -€6,629 | -40.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.