ACS: 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.
ACS
Largest movements
- Receivables within one year -€53,808
down €53,808 (-54.1%), from €99,496 to €45,688
of which Trade receivables: -€54,034
- Cash +€3,167
up €3,167 (+121%), from €2,612 to €5,779
mainly Receivables within one year (+€53,808) and Tax, wage and social debts (+€7,898)
- Tangible fixed assets +€3,111
up €3,111 (+86.1%), from €3,614 to €6,725
of which Furniture and vehicles: +€4,185
- Deferred charges and accrued income +€1,641
up €1,641 (+413%), from €397 to €2,038
- Trade debts -€57,759
down €57,759 (-32.5%), from €177,937 to €120,178
- Tax, wage and social debts +€7,898
up €7,898 (+56.4%), from €13,995 to €21,893
of which Remuneration and social security: +€9,650
- Profit (loss) carried forward +€1,906
up €1,906 (+2.0%), from -€94,790 to -€92,884
- Other debts +€1,893
up €1,893 (+220%), from €862 to €2,755
- Gross operating margin +€25,565
up €25,565, from -€17,048 to €8,517
- Depreciation -€8,232
down €8,232 (-80.2%), from €10,261 to €2,029
- Other operating charges -€7,549
down €7,549 (-68.3%), from €11,053 to €3,504
- Financial charges -€1,888
down €1,888 (-63.7%), from €2,966 to €1,078
of which Financial charges: -€1,742
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 | €106,959 | €61,069 | -€45,890 | -42.9% |
| Fixed assets | 21/28 | €4,454 | €7,564 | +€3,111 | +69.9% |
| Tangible fixed assets | 22/27 | €3,614 | €6,725 | +€3,111 | +86.1% |
| Plant, machinery and equipment | 23 | €1,114 | €258 | -€856 | -76.8% |
| Furniture and vehicles | 24 | €1,138 | €5,322 | +€4,185 | +368% |
| Other tangible fixed assets | 26 | €1,363 | €1,145 | -€218 | -16.0% |
| Financial fixed assets | 28 | €839 | €839 | = | 0.0% |
| Current assets | 29/58 | €102,506 | €53,505 | -€49,001 | -47.8% |
| Amounts receivable within one year | 40/41 | €99,496 | €45,688 | -€53,808 | -54.1% |
| Trade receivables | 40 | €97,483 | €43,449 | -€54,034 | -55.4% |
| Other amounts receivable | 41 | €2,013 | €2,240 | +€226 | +11.2% |
| Cash at bank and in hand | 54/58 | €2,612 | €5,779 | +€3,167 | +121% |
| Deferred charges and accrued income | 490/1 | €397 | €2,038 | +€1,641 | +413% |
| Total equity and liabilities | 10/49 | €106,959 | €61,069 | -€45,890 | -42.9% |
| Equity | 10/15 | -€86,730 | -€84,824 | +€1,906 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,790 | -€92,884 | +€1,906 | +2.0% |
| Amounts payable | 17/49 | €193,689 | €145,893 | -€47,796 | -24.7% |
| Amounts payable within one year | 42/48 | €192,794 | €144,826 | -€47,967 | -24.9% |
| Trade debts | 44 | €177,937 | €120,178 | -€57,759 | -32.5% |
| Suppliers | 440/4 | €177,937 | €120,178 | -€57,759 | -32.5% |
| Taxes, remuneration and social security | 45 | €13,995 | €21,893 | +€7,898 | +56.4% |
| Taxes | 450/3 | €4,995 | €3,243 | -€1,752 | -35.1% |
| Remuneration and social security | 454/9 | €9,000 | €18,650 | +€9,650 | +107% |
| Other amounts payable | 47/48 | €862 | €2,755 | +€1,893 | +220% |
| Accrued charges and deferred income | 492/3 | €896 | €1,067 | +€171 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,261 | €2,029 | -€8,232 | -80.2% |
| Other operating charges | 640/8 | €11,053 | €3,504 | -€7,549 | -68.3% |
| Gross operating margin | 9900 | -€17,048 | €8,517 | +€25,565 | |
| Operating profit (loss) | 9901 | -€38,362 | €2,983 | +€41,346 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,966 | €1,078 | -€1,888 | -63.7% |
| Recurring financial charges | 65 | €2,819 | €1,078 | -€1,742 | -61.8% |
| Non-recurring financial charges | 66B | €147 | €1,078 | +€931 | +635% |
| Profit (loss) for the period before taxes | 9903 | -€41,328 | €1,906 | +€43,234 | |
| Profit (loss) for the period | 9904 | -€41,328 | €1,906 | +€43,234 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,328 | €1,906 | +€43,234 |
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 19 October 2026 via checked.be.