ACS EVENTS: 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 EVENTS
Largest movements
- Receivables within one year +€111,433
up €111,433 (+2,464%), from €4,522 to €115,955
of which Trade receivables: +€111,433
- Stocks and contracts +€4,983
up €4,983 (+66.7%), from €7,467 to €12,450
- Cash -€3,565
down €3,565 (-14.9%), from €23,895 to €20,330
mainly Receivables within one year (-€111,433) and Stocks and contracts (-€4,983)
- Trade debts +€103,059
up €103,059 (+259%), from €39,749 to €142,807
- Tax, wage and social debts +€7,276
up €7,276 (+34.0%), from €21,408 to €28,684
of which Taxes: +€6,502
- Staff costs -€15,161
down €15,161 (-27.1%), from €56,029 to €40,868
- Other operating charges -€9,371
down €9,371 (-80.4%), from €11,658 to €2,287
- Gross operating margin -€7,819
down €7,819 (-13.9%), from €56,341 to €48,523
- Taxes +€760
new in 2025: €760
- Financial charges +€692
up €692 (+49.1%), from €1,410 to €2,101
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.
Derived cash bridge
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 | €39,782 | €151,520 | +€111,738 | +281% |
| Fixed assets | 21/28 | €3,899 | €2,786 | -€1,113 | -28.6% |
| Tangible fixed assets | 22/27 | €3,899 | €2,786 | -€1,113 | -28.6% |
| Plant, machinery and equipment | 23 | €3,899 | €2,786 | -€1,113 | -28.6% |
| Current assets | 29/58 | €35,883 | €148,734 | +€112,851 | +314% |
| Stocks and contracts in progress | 3 | €7,467 | €12,450 | +€4,983 | +66.7% |
| Stocks | 30/36 | €7,467 | €12,450 | +€4,983 | +66.7% |
| Amounts receivable within one year | 40/41 | €4,522 | €115,955 | +€111,433 | +2,464% |
| Trade receivables | 40 | - | €111,433 | +€111,433 | |
| Other amounts receivable | 41 | €4,522 | €4,522 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,895 | €20,330 | -€3,565 | -14.9% |
| Total equity and liabilities | 10/49 | €39,782 | €151,520 | +€111,738 | +281% |
| Equity | 10/15 | -€21,481 | -€20,088 | +€1,393 | +6.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | €18,550 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,031 | -€38,638 | +€1,393 | +3.5% |
| Amounts payable | 17/49 | €61,263 | €171,608 | +€110,344 | +180% |
| Amounts payable within one year | 42/48 | €61,263 | €171,608 | +€110,344 | +180% |
| Trade debts | 44 | €39,749 | €142,807 | +€103,059 | +259% |
| Suppliers | 440/4 | €39,749 | €142,807 | +€103,059 | +259% |
| Taxes, remuneration and social security | 45 | €21,408 | €28,684 | +€7,276 | +34.0% |
| Taxes | 450/3 | €12,820 | €19,322 | +€6,502 | +50.7% |
| Remuneration and social security | 454/9 | €8,588 | €9,362 | +€774 | +9.0% |
| Other amounts payable | 47/48 | €106 | €116 | +€10 | +9.4% |
| Remuneration, social security and pensions | 62 | €56,029 | €40,868 | -€15,161 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €885 | €1,113 | +€229 | +25.9% |
| Other operating charges | 640/8 | €11,658 | €2,287 | -€9,371 | -80.4% |
| Gross operating margin | 9900 | €56,341 | €48,523 | -€7,819 | -13.9% |
| Operating profit (loss) | 9901 | -€12,230 | €4,255 | +€16,485 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,410 | €2,101 | +€692 | +49.1% |
| Recurring financial charges | 65 | €1,410 | €2,101 | +€692 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€13,639 | €2,153 | +€15,793 | |
| Income taxes | 67/77 | - | €760 | +€760 | |
| Profit (loss) for the period | 9904 | -€13,639 | €1,393 | +€15,032 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,639 | €1,393 | +€15,032 |
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 31 October 2026 via checked.be.