ACROBATIC SYSTEM: 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.
ACROBATIC SYSTEM
Largest movements
- Tangible fixed assets +€321,437
up €321,437 (+43.9%), from €732,511 to €1.1m
of which Land and buildings: +€362,867
- Financial fixed assets +€300,000
up €300,000 (+2040.0%), from €14,706 to €314,706
- Receivables within one year +€31,215
up €31,215 (+4.6%), from €673,987 to €705,202
of which Trade receivables: +€76,573
- Other debts +€330,933
up €330,933 (+254.9%), from €129,843 to €460,776
- Debts after one year +€311,941
up €311,941 (+49.3%), from €632,228 to €944,169
- Profit (loss) carried forward -€113,191
down €113,191 (-21.5%), from €526,641 to €413,449
- Tax, wage and social debts +€56,813
up €56,813 (+47.6%), from €119,473 to €176,285
of which Taxes: +€60,871
- Current portion of long-term debt +€39,083
up €39,083 (+50.7%), from €77,116 to €116,199
- Depreciation +€107,044
up €107,044 (+131.2%), from €81,580 to €188,624
- Staff costs +€46,170
up €46,170 (+64.2%), from €71,933 to €118,102
- Taxes -€42,513
down €42,513 (-40.8%), from €104,241 to €61,728
- Financial charges +€26,980
up €26,980 (+86.0%), from €31,357 to €58,337
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.
Cash bridge derived
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 | €1,663,457 | €2,320,227 | +€656,770 | +39.5% |
| Fixed assets | 21/28 | €747,218 | €1,368,655 | +€621,437 | +83.2% |
| Tangible fixed assets | 22/27 | €732,511 | €1,053,948 | +€321,437 | +43.9% |
| Land and buildings | 22 | €609,045 | €971,912 | +€362,867 | +59.6% |
| Plant, machinery and equipment | 23 | €10,371 | €12,594 | +€2,222 | +21.4% |
| Furniture and vehicles | 24 | €111,835 | €63,569 | -€48,266 | -43.2% |
| Other tangible fixed assets | 26 | €1,259 | €5,874 | +€4,614 | +366.4% |
| Financial fixed assets | 28 | €14,706 | €314,706 | +€300,000 | +2040.0% |
| Current assets | 29/58 | €916,239 | €951,573 | +€35,333 | +3.9% |
| Amounts receivable within one year | 40/41 | €673,987 | €705,202 | +€31,215 | +4.6% |
| Trade receivables | 40 | €520,157 | €596,731 | +€76,573 | +14.7% |
| Other amounts receivable | 41 | €153,830 | €108,471 | -€45,358 | -29.5% |
| Cash at bank and in hand | 54/58 | €234,599 | €239,661 | +€5,062 | +2.2% |
| Deferred charges and accrued income | 490/1 | €7,654 | €6,710 | -€944 | -12.3% |
| Total equity and liabilities | 10/49 | €1,663,457 | €2,320,227 | +€656,770 | +39.5% |
| Equity | 10/15 | €534,751 | €421,559 | -€113,191 | -21.2% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €526,641 | €413,449 | -€113,191 | -21.5% |
| Amounts payable | 17/49 | €1,128,707 | €1,898,668 | +€769,961 | +68.2% |
| Amounts payable after more than one year | 17 | €632,228 | €944,169 | +€311,941 | +49.3% |
| Financial debts | 170/4 | €632,228 | €944,169 | +€311,941 | +49.3% |
| Amounts payable within one year | 42/48 | €496,479 | €949,812 | +€453,333 | +91.3% |
| Current portion of amounts payable after more than one year | 42 | €77,116 | €116,199 | +€39,083 | +50.7% |
| Trade debts | 44 | €170,047 | €196,552 | +€26,505 | +15.6% |
| Suppliers | 440/4 | €170,047 | €196,552 | +€26,505 | +15.6% |
| Taxes, remuneration and social security | 45 | €119,473 | €176,285 | +€56,813 | +47.6% |
| Taxes | 450/3 | €106,822 | €167,693 | +€60,871 | +57.0% |
| Remuneration and social security | 454/9 | €12,650 | €8,592 | -€4,058 | -32.1% |
| Other amounts payable | 47/48 | €129,843 | €460,776 | +€330,933 | +254.9% |
| Accrued charges and deferred income | 492/3 | - | €4,687 | +€4,687 | |
| Remuneration, social security and pensions | 62 | €71,933 | €118,102 | +€46,170 | +64.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,580 | €188,624 | +€107,044 | +131.2% |
| Other operating charges | 640/8 | €11,960 | €17,462 | +€5,503 | +46.0% |
| Gross operating margin | 9900 | €610,832 | €613,105 | +€2,273 | +0.4% |
| Operating profit (loss) | 9901 | €445,360 | €288,916 | -€156,443 | -35.1% |
| Financial income | 75/76B | €0 | €3,658 | +€3,658 | +36576800.0% |
| Recurring financial income | 75 | €0 | €275 | +€275 | +2753300.0% |
| Non-recurring financial income | 76B | - | €3,382 | +€3,382 | |
| Financial charges | 65/66B | €31,357 | €58,337 | +€26,980 | +86.0% |
| Recurring financial charges | 65 | €31,357 | €58,337 | +€26,980 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | €414,003 | €234,237 | -€179,765 | -43.4% |
| Income taxes | 67/77 | €104,241 | €61,728 | -€42,513 | -40.8% |
| Profit (loss) for the period | 9904 | €309,762 | €172,509 | -€137,253 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €309,762 | €172,509 | -€137,253 | -44.3% |
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 12 October 2026 via checked.be.