ACRES CREDITS: 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.
ACRES CREDITS
Largest movements
- Receivables within one year +€33,554
up €33,554 (+17,097%), from €196 to €33,750
of which Other amounts receivable: +€21,554
- Deferred charges and accrued income -€3,663
down €3,663 (-16.1%), from €22,782 to €19,119
- Cash -€2,441
down €2,441 (-37.6%), from €6,485 to €4,044
mainly Receivables within one year (-€33,554) and Investment in fixed assets (net) (-€5,991)
- Tangible fixed assets +€1,934
up €1,934 (+23.1%), from €8,388 to €10,322
- Tax, wage and social debts +€17,582
up €17,582 (+90.1%), from €19,518 to €37,100
of which Remuneration and social security: +€14,782
- Trade debts +€11,674
up €11,674, from €0 to €11,674
- Gross operating margin -€14,611
down €14,611 (-7.4%), from €198,160 to €183,549
- Staff costs +€9,894
up €9,894 (+6.4%), from €153,952 to €163,846
- Depreciation +€2,514
up €2,514 (+163%), from €1,544 to €4,058
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,052 | €69,435 | +€29,384 | +73.4% |
| Fixed assets | 21/28 | €10,588 | €12,522 | +€1,934 | +18.3% |
| Tangible fixed assets | 22/27 | €8,388 | €10,322 | +€1,934 | +23.1% |
| Furniture and vehicles | 24 | €8,388 | €10,322 | +€1,934 | +23.1% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €29,463 | €56,913 | +€27,450 | +93.2% |
| Amounts receivable within one year | 40/41 | €196 | €33,750 | +€33,554 | +17,097% |
| Trade receivables | 40 | - | €12,000 | +€12,000 | |
| Other amounts receivable | 41 | €196 | €21,750 | +€21,554 | +10,982% |
| Cash at bank and in hand | 54/58 | €6,485 | €4,044 | -€2,441 | -37.6% |
| Deferred charges and accrued income | 490/1 | €22,782 | €19,119 | -€3,663 | -16.1% |
| Total equity and liabilities | 10/49 | €40,052 | €69,435 | +€29,384 | +73.4% |
| Equity | 10/15 | €18,701 | €18,885 | +€184 | +1.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,299 | -€1,115 | +€184 | +14.2% |
| Amounts payable | 17/49 | €21,351 | €50,550 | +€29,200 | +137% |
| Amounts payable within one year | 42/48 | €19,518 | €48,774 | +€29,256 | +150% |
| Trade debts | 44 | €0 | €11,674 | +€11,674 | |
| Suppliers | 440/4 | €0 | €11,674 | +€11,674 | |
| Taxes, remuneration and social security | 45 | €19,518 | €37,100 | +€17,582 | +90.1% |
| Taxes | 450/3 | €3,338 | €6,138 | +€2,800 | +83.9% |
| Remuneration and social security | 454/9 | €16,180 | €30,962 | +€14,782 | +91.4% |
| Accrued charges and deferred income | 492/3 | €1,833 | €1,776 | -€57 | -3.1% |
| Remuneration, social security and pensions | 62 | €153,952 | €163,846 | +€9,894 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,544 | €4,058 | +€2,514 | +163% |
| Other operating charges | 640/8 | €9,010 | €10,874 | +€1,864 | +20.7% |
| Non-recurring operating charges | 66A | - | €1,570 | +€1,570 | |
| Gross operating margin | 9900 | €198,160 | €183,549 | -€14,611 | -7.4% |
| Operating profit (loss) | 9901 | €33,655 | €3,201 | -€30,454 | -90.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €235 | €217 | -€18 | -7.6% |
| Recurring financial charges | 65 | €235 | €217 | -€18 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €33,420 | €2,984 | -€30,436 | -91.1% |
| Income taxes | 67/77 | €3,338 | €2,800 | -€538 | -16.1% |
| Profit (loss) for the period | 9904 | €30,082 | €184 | -€29,898 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,082 | €184 | -€29,898 | -99.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.