Acratex: 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.
Acratex
Largest movements
- Receivables within one year +€12,654
up €12,654 (+62.6%), from €20,209 to €32,863
of which Trade receivables: +€11,127
- Cash -€11,216
down €11,216 (-47.7%), from €23,531 to €12,316
mainly Net result for the year (-€49,724) and Receivables within one year (-€12,654)
- Tangible fixed assets -€5,363
down €5,363 (-87.5%), from €6,126 to €763
of which Plant, machinery and equipment: -€4,666
- Stocks and contracts +€3,722
up €3,722 (+2.1%), from €177,637 to €181,359
- Short-term financial debts +€62,000
new in 2025: €62,000
- Profit (loss) carried forward -€49,724
down €49,724 (-80.0%), from -€62,191 to -€111,915
- Other debts -€6,573
no longer reported in 2025 (was €6,573)
- Tax, wage and social debts -€4,036
down €4,036 (-18.5%), from €21,852 to €17,816
of which Taxes: -€2,836
- Financial charges -€3,734
down €3,734 (-24.2%), from €15,434 to €11,700
- Gross operating margin -€2,666
down €2,666 (-10.7%), from -€24,914 to -€27,580
- Other operating charges +€729
up €729 (+18.5%), from €3,945 to €4,673
- Depreciation -€469
down €469 (-8.0%), from €5,832 to €5,363
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 | €227,504 | €227,301 | -€203 | -0.1% |
| Fixed assets | 21/28 | €6,126 | €763 | -€5,363 | -87.5% |
| Tangible fixed assets | 22/27 | €6,126 | €763 | -€5,363 | -87.5% |
| Plant, machinery and equipment | 23 | €4,929 | €264 | -€4,666 | -94.7% |
| Furniture and vehicles | 24 | €1,196 | €499 | -€697 | -58.3% |
| Current assets | 29/58 | €221,378 | €226,538 | +€5,160 | +2.3% |
| Stocks and contracts in progress | 3 | €177,637 | €181,359 | +€3,722 | +2.1% |
| Stocks | 30/36 | €177,637 | €181,359 | +€3,722 | +2.1% |
| Amounts receivable within one year | 40/41 | €20,209 | €32,863 | +€12,654 | +62.6% |
| Trade receivables | 40 | €13,909 | €25,037 | +€11,127 | +80.0% |
| Other amounts receivable | 41 | €6,300 | €7,827 | +€1,527 | +24.2% |
| Cash at bank and in hand | 54/58 | €23,531 | €12,316 | -€11,216 | -47.7% |
| Total equity and liabilities | 10/49 | €227,504 | €227,301 | -€203 | -0.1% |
| Equity | 10/15 | €194,585 | €144,862 | -€49,724 | -25.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €236,317 | €236,317 | = | 0.0% |
| Distributable reserves | 133 | €236,317 | €236,317 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,191 | -€111,915 | -€49,724 | -80.0% |
| Amounts payable | 17/49 | €32,918 | €82,439 | +€49,521 | +150.4% |
| Amounts payable within one year | 42/48 | €32,618 | €82,189 | +€49,571 | +152.0% |
| Financial debts | 43 | - | €62,000 | +€62,000 | |
| Other loans | 439 | - | €62,000 | +€62,000 | |
| Trade debts | 44 | €4,193 | €2,373 | -€1,820 | -43.4% |
| Suppliers | 440/4 | €4,193 | €2,373 | -€1,820 | -43.4% |
| Taxes, remuneration and social security | 45 | €21,852 | €17,816 | -€4,036 | -18.5% |
| Taxes | 450/3 | €16,952 | €14,116 | -€2,836 | -16.7% |
| Remuneration and social security | 454/9 | €4,900 | €3,700 | -€1,200 | -24.5% |
| Other amounts payable | 47/48 | €6,573 | - | -€6,573 | |
| Accrued charges and deferred income | 492/3 | €300 | €250 | -€50 | -16.7% |
| Non-recurring operating income | 76A | €1,172 | - | -€1,172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,832 | €5,363 | -€469 | -8.0% |
| Other operating charges | 640/8 | €3,945 | €4,673 | +€729 | +18.5% |
| Gross operating margin | 9900 | -€24,914 | -€27,580 | -€2,666 | -10.7% |
| Operating profit (loss) | 9901 | -€34,691 | -€37,616 | -€2,925 | -8.4% |
| Financial charges | 65/66B | €15,434 | €11,700 | -€3,734 | -24.2% |
| Recurring financial charges | 65 | €15,434 | €11,700 | -€3,734 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | -€50,125 | -€49,316 | +€809 | +1.6% |
| Income taxes | 67/77 | €393 | €407 | +€15 | +3.7% |
| Profit (loss) for the period | 9904 | -€50,518 | -€49,724 | +€794 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,518 | -€49,724 | +€794 | +1.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.