acrova: 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.
acrova
Largest movements
- Tangible fixed assets +€22,094
up €22,094 (+88.1%), from €25,066 to €47,160
of which Other tangible fixed assets: +€21,860
- Cash -€21,734
down €21,734 (-95.3%), from €22,794 to €1,060
mainly Contributions, distributions and other (-€49,000) and Investment in fixed assets (net) (-€30,595)
- Receivables within one year +€10,510
up €10,510 (+32.9%), from €31,931 to €42,441
of which Trade receivables: +€10,492
- Deferred charges and accrued income +€1,645
new in 2025: €1,645
- Tax, wage and social debts +€10,316
up €10,316 (+151.4%), from €6,812 to €17,128
- Short-term financial debts +€4,000
up €4,000, from €0 to €4,000
of which Other loans: +€4,000
- Other debts -€1,990
down €1,990 (-3.5%), from €56,289 to €54,299
- Gross operating margin +€70,435
up €70,435 (+526.4%), from €13,381 to €83,816
- Financial income -€17,308
down €17,308 (-74.2%), from €23,317 to €6,009
- Taxes +€10,501
up €10,501 (+179.2%), from €5,858 to €16,359
- Financial charges -€4,937
down €4,937 (-25.0%), from €19,727 to €14,789
- Depreciation +€2,801
up €2,801 (+49.1%), from €5,700 to €8,501
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 | €91,242 | €104,057 | +€12,815 | +14.0% |
| Fixed assets | 21/28 | €25,066 | €47,160 | +€22,094 | +88.1% |
| Tangible fixed assets | 22/27 | €25,066 | €47,160 | +€22,094 | +88.1% |
| Plant, machinery and equipment | 23 | €3,568 | €4,050 | +€482 | +13.5% |
| Furniture and vehicles | 24 | €688 | €440 | -€248 | -36.1% |
| Other tangible fixed assets | 26 | €20,811 | €42,671 | +€21,860 | +105.0% |
| Current assets | 29/58 | €66,175 | €56,896 | -€9,279 | -14.0% |
| Amounts receivable within one year | 40/41 | €31,931 | €42,441 | +€10,510 | +32.9% |
| Trade receivables | 40 | €25,663 | €36,155 | +€10,492 | +40.9% |
| Other amounts receivable | 41 | €6,268 | €6,286 | +€18 | +0.3% |
| Current investments | 50/53 | €11,450 | €11,750 | +€300 | +2.6% |
| Cash at bank and in hand | 54/58 | €22,794 | €1,060 | -€21,734 | -95.3% |
| Deferred charges and accrued income | 490/1 | - | €1,645 | +€1,645 | |
| Total equity and liabilities | 10/49 | €91,242 | €104,057 | +€12,815 | +14.0% |
| Equity | 10/15 | €28,117 | €28,469 | +€352 | +1.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €22,117 | €22,469 | +€352 | +1.6% |
| Distributable reserves | 133 | €22,117 | €22,469 | +€352 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €63,124 | €75,588 | +€12,463 | +19.7% |
| Amounts payable within one year | 42/48 | €63,124 | €75,588 | +€12,463 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | €4,000 | +€4,000 | |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | - | €4,000 | +€4,000 | |
| Trade debts | 44 | €23 | €161 | +€137 | +586.0% |
| Suppliers | 440/4 | €23 | €161 | +€137 | +586.0% |
| Taxes, remuneration and social security | 45 | €6,812 | €17,128 | +€10,316 | +151.4% |
| Taxes | 450/3 | €6,812 | €17,128 | +€10,316 | +151.4% |
| Other amounts payable | 47/48 | €56,289 | €54,299 | -€1,990 | -3.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,855 | €0 | -€6,855 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,700 | €8,501 | +€2,801 | +49.1% |
| Other operating charges | 640/8 | €492 | €824 | +€332 | +67.4% |
| Gross operating margin | 9900 | €13,381 | €83,816 | +€70,435 | +526.4% |
| Operating profit (loss) | 9901 | €7,189 | €74,491 | +€67,302 | +936.1% |
| Financial income | 75/76B | €23,317 | €6,009 | -€17,308 | -74.2% |
| Recurring financial income | 75 | €23,317 | €6,009 | -€17,308 | -74.2% |
| Financial charges | 65/66B | €19,727 | €14,789 | -€4,937 | -25.0% |
| Recurring financial charges | 65 | €19,727 | €14,789 | -€4,937 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €10,779 | €65,711 | +€54,932 | +509.6% |
| Income taxes | 67/77 | €5,858 | €16,359 | +€10,501 | +179.2% |
| Profit (loss) for the period | 9904 | €4,921 | €49,352 | +€44,431 | +902.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,921 | €49,352 | +€44,431 | +902.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.