ACREA: 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.
ACREA
Largest movements
- Receivables within one year +€9,475
up €9,475 (+19.5%), from €48,687 to €58,163
of which Other amounts receivable: +€6,051
- Cash +€2,794
up €2,794 (+55.6%), from €5,025 to €7,819
mainly Net result for the year (+€8,125) and Trade debts (+€6,981)
- Profit (loss) carried forward +€8,125
up €8,125 (+40.8%), from €19,903 to €28,028
- Trade debts +€6,981
up €6,981 (+100.3%), from €6,959 to €13,940
- Current portion of long-term debt -€3,990
no longer reported in 2025 (was €3,990)
- Tax, wage and social debts +€2,953
up €2,953 (+24.2%), from €12,223 to €15,176
- Accrued charges and deferred income -€1,800
down €1,800 (-41.3%), from €4,356 to €2,556
- Gross operating margin -€17,640
down €17,640 (-48.2%), from €36,603 to €18,963
- Financial charges -€5,438
down €5,438 (-68.4%), from €7,949 to €2,511
- Taxes +€388
up €388 (+9.0%), from €4,294 to €4,682
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 | €53,713 | €65,982 | +€12,269 | +22.8% |
| Current assets | 29/58 | €53,713 | €65,982 | +€12,269 | +22.8% |
| Amounts receivable within one year | 40/41 | €48,687 | €58,163 | +€9,475 | +19.5% |
| Trade receivables | 40 | €9,163 | €12,587 | +€3,424 | +37.4% |
| Other amounts receivable | 41 | €39,524 | €45,576 | +€6,051 | +15.3% |
| Cash at bank and in hand | 54/58 | €5,025 | €7,819 | +€2,794 | +55.6% |
| Total equity and liabilities | 10/49 | €53,713 | €65,982 | +€12,269 | +22.8% |
| Equity | 10/15 | €26,184 | €34,309 | +€8,125 | +31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €81 | €81 | = | 0.0% |
| Non-distributable reserves | 130/1 | €81 | €81 | = | 0.0% |
| Reserves not available under the articles | 1311 | €81 | €81 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,903 | €28,028 | +€8,125 | +40.8% |
| Amounts payable | 17/49 | €27,528 | €31,673 | +€4,144 | +15.1% |
| Amounts payable within one year | 42/48 | €23,172 | €29,116 | +€5,944 | +25.7% |
| Current portion of amounts payable after more than one year | 42 | €3,990 | - | -€3,990 | |
| Trade debts | 44 | €6,959 | €13,940 | +€6,981 | +100.3% |
| Suppliers | 440/4 | €6,959 | €13,940 | +€6,981 | +100.3% |
| Taxes, remuneration and social security | 45 | €12,223 | €15,176 | +€2,953 | +24.2% |
| Taxes | 450/3 | €12,223 | €15,176 | +€2,953 | +24.2% |
| Accrued charges and deferred income | 492/3 | €4,356 | €2,556 | -€1,800 | -41.3% |
| Other operating charges | 640/8 | €3,889 | €3,645 | -€244 | -6.3% |
| Non-recurring operating charges | 66A | €8,506 | - | -€8,506 | |
| Gross operating margin | 9900 | €36,603 | €18,963 | -€17,640 | -48.2% |
| Operating profit (loss) | 9901 | €24,208 | €15,318 | -€8,890 | -36.7% |
| Financial charges | 65/66B | €7,949 | €2,511 | -€5,438 | -68.4% |
| Recurring financial charges | 65 | €7,949 | €2,511 | -€5,438 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | €16,259 | €12,807 | -€3,453 | -21.2% |
| Income taxes | 67/77 | €4,294 | €4,682 | +€388 | +9.0% |
| Profit (loss) for the period | 9904 | €11,965 | €8,125 | -€3,840 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,965 | €8,125 | -€3,840 | -32.1% |
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 29 September 2026 via checked.be.