Acrex: 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.
Acrex
Largest movements
- Cash +€10,882
up €10,882 (+19.4%), from €56,074 to €66,956
mainly Net result for the year (+€33,211) and Tax, wage and social debts (+€5,122)
- Receivables within one year +€3,018
up €3,018 (+16.1%), from €18,781 to €21,799
of which Trade receivables: +€1,741
- Profit (loss) carried forward +€33,211
up €33,211 (+64.8%), from €51,217 to €84,428
- Debts after one year -€20,000
no longer reported in 2025 (was €20,000)
- Tax, wage and social debts +€5,122
up €5,122 (+21.2%), from €24,188 to €29,310
of which Taxes: +€5,521
- Other debts -€2,843
down €2,843 (-92.3%), from €3,081 to €238
- Accrued charges and deferred income -€1,258
no longer reported in 2025 (was €1,258)
- Gross operating margin +€3,964
up €3,964 (+8.2%), from €48,268 to €52,232
- Taxes +€1,093
up €1,093 (+13.6%), from €8,018 to €9,111
- Depreciation +€1,084
up €1,084 (+48.8%), from €2,220 to €3,304
- Other operating charges -€827
down €827 (-11.7%), from €7,068 to €6,241
- Financial charges -€771
down €771 (-67.3%), from €1,146 to €375
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 | €108,311 | €121,793 | +€13,482 | +12.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €33,368 | €32,945 | -€423 | -1.3% |
| Tangible fixed assets | 22/27 | €33,368 | €32,945 | -€423 | -1.3% |
| Plant, machinery and equipment | 23 | €402 | €2,006 | +€1,604 | +399.4% |
| Furniture and vehicles | 24 | €8,816 | €7,470 | -€1,346 | -15.3% |
| Other tangible fixed assets | 26 | €24,150 | €23,469 | -€681 | -2.8% |
| Current assets | 29/58 | €74,943 | €88,848 | +€13,905 | +18.6% |
| Amounts receivable within one year | 40/41 | €18,781 | €21,799 | +€3,018 | +16.1% |
| Trade receivables | 40 | €17,140 | €18,881 | +€1,741 | +10.2% |
| Other amounts receivable | 41 | €1,641 | €2,918 | +€1,277 | +77.8% |
| Cash at bank and in hand | 54/58 | €56,074 | €66,956 | +€10,882 | +19.4% |
| Deferred charges and accrued income | 490/1 | €88 | €93 | +€5 | +6.1% |
| Total equity and liabilities | 10/49 | €108,311 | €121,793 | +€13,482 | +12.4% |
| Equity | 10/15 | €56,217 | €89,428 | +€33,211 | +59.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,217 | €84,428 | +€33,211 | +64.8% |
| Amounts payable | 17/49 | €52,094 | €32,365 | -€19,729 | -37.9% |
| Amounts payable after more than one year | 17 | €20,000 | - | -€20,000 | |
| Other amounts payable | 178/9 | €20,000 | - | -€20,000 | |
| Amounts payable within one year | 42/48 | €30,836 | €32,365 | +€1,529 | +5.0% |
| Trade debts | 44 | €3,567 | €2,817 | -€750 | -21.0% |
| Suppliers | 440/4 | €3,567 | €2,817 | -€750 | -21.0% |
| Taxes, remuneration and social security | 45 | €24,188 | €29,310 | +€5,122 | +21.2% |
| Taxes | 450/3 | €21,429 | €26,950 | +€5,521 | +25.8% |
| Remuneration and social security | 454/9 | €2,760 | €2,360 | -€400 | -14.5% |
| Other amounts payable | 47/48 | €3,081 | €238 | -€2,843 | -92.3% |
| Accrued charges and deferred income | 492/3 | €1,258 | - | -€1,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,220 | €3,304 | +€1,084 | +48.8% |
| Other operating charges | 640/8 | €7,068 | €6,241 | -€827 | -11.7% |
| Gross operating margin | 9900 | €48,268 | €52,232 | +€3,964 | +8.2% |
| Operating profit (loss) | 9901 | €38,979 | €42,687 | +€3,708 | +9.5% |
| Financial income | 75/76B | €0 | €10 | +€10 | +99900.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +99900.0% |
| Financial charges | 65/66B | €1,146 | €375 | -€771 | -67.3% |
| Recurring financial charges | 65 | €1,146 | €375 | -€771 | -67.3% |
| Profit (loss) for the period before taxes | 9903 | €37,833 | €42,322 | +€4,489 | +11.9% |
| Income taxes | 67/77 | €8,018 | €9,111 | +€1,093 | +13.6% |
| Profit (loss) for the period | 9904 | €29,814 | €33,211 | +€3,397 | +11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,814 | €33,211 | +€3,397 | +11.4% |
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 3 October 2026 via checked.be.