ACREFIMO: 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.
ACREFIMO
Largest movements
- Tangible fixed assets -€11,928
down €11,928 (-5.2%), from €228,915 to €216,987
of which Land and buildings: -€9,928
- Profit (loss) carried forward -€16,025
down €16,025 (-7.5%), from €214,353 to €198,328
- Other debts +€4,938
up €4,938 (+89.7%), from €5,506 to €10,444
- Gross operating margin +€1,620
up €1,620 (+35.2%), from -€4,597 to -€2,977
- Other operating charges +€153
up €153 (+17.1%), from €896 to €1,049
- Financial charges +€71
new in 2025: €71
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 | €260,323 | €249,235 | -€11,088 | -4.3% |
| Fixed assets | 21/28 | €228,915 | €216,987 | -€11,928 | -5.2% |
| Tangible fixed assets | 22/27 | €228,915 | €216,987 | -€11,928 | -5.2% |
| Land and buildings | 22 | €218,915 | €208,987 | -€9,928 | -4.5% |
| Plant, machinery and equipment | 23 | €10,000 | €8,000 | -€2,000 | -20.0% |
| Current assets | 29/58 | €31,408 | €32,248 | +€840 | +2.7% |
| Amounts receivable within one year | 40/41 | €31,401 | €32,176 | +€775 | +2.5% |
| Other amounts receivable | 41 | €31,401 | €32,176 | +€775 | +2.5% |
| Cash at bank and in hand | 54/58 | €7 | €72 | +€65 | +872.6% |
| Total equity and liabilities | 10/49 | €260,323 | €249,235 | -€11,088 | -4.3% |
| Equity | 10/15 | €254,816 | €238,791 | -€16,025 | -6.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €21,913 | €21,913 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21,913 | €21,913 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21,913 | €21,913 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,353 | €198,328 | -€16,025 | -7.5% |
| Amounts payable | 17/49 | €5,506 | €10,444 | +€4,938 | +89.7% |
| Amounts payable within one year | 42/48 | €5,506 | €10,444 | +€4,938 | +89.7% |
| Other amounts payable | 47/48 | €5,506 | €10,444 | +€4,938 | +89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,928 | €11,928 | = | 0.0% |
| Other operating charges | 640/8 | €896 | €1,049 | +€153 | +17.1% |
| Gross operating margin | 9900 | -€4,597 | -€2,977 | +€1,620 | +35.2% |
| Operating profit (loss) | 9901 | -€17,421 | -€15,954 | +€1,467 | +8.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €71 | +€71 | |
| Recurring financial charges | 65 | - | €71 | +€71 | |
| Profit (loss) for the period before taxes | 9903 | -€17,421 | -€16,025 | +€1,396 | +8.0% |
| Profit (loss) for the period | 9904 | -€17,421 | -€16,025 | +€1,396 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,421 | -€16,025 | +€1,396 | +8.0% |
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 4 October 2026 via checked.be.