ACSANTOS: 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.
ACSANTOS
Largest movements
- Cash -€5,178
down €5,178 (-5.8%), from €88,610 to €83,432
mainly Contributions, distributions and other (-€37,000) and Investment in fixed assets (net) (-€4,775)
- Receivables within one year -€2,417
down €2,417 (-33.3%), from €7,262 to €4,845
of which Trade receivables: -€2,536
- Tangible fixed assets -€1,800
down €1,800 (-7.3%), from €24,816 to €23,016
- Reserves -€13,000
down €13,000 (-15.9%), from €82,000 to €69,000
- Other debts +€4,120
up €4,120 (+12.5%), from €33,000 to €37,120
- Tax, wage and social debts -€2,255
down €2,255 (-70.4%), from €3,205 to €950
of which Remuneration and social security: -€2,255
- Gross operating margin -€6,515
down €6,515 (-14.2%), from €45,989 to €39,474
- Depreciation +€4,488
up €4,488 (+215%), from €2,088 to €6,576
- Taxes -€2,189
down €2,189 (-24.7%), from €8,848 to €6,658
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 | €122,821 | €112,579 | -€10,242 | -8.3% |
| Fixed assets | 21/28 | €24,816 | €23,016 | -€1,800 | -7.3% |
| Tangible fixed assets | 22/27 | €24,816 | €23,016 | -€1,800 | -7.3% |
| Furniture and vehicles | 24 | €24,816 | €23,016 | -€1,800 | -7.3% |
| Current assets | 29/58 | €98,005 | €89,564 | -€8,441 | -8.6% |
| Amounts receivable within one year | 40/41 | €7,262 | €4,845 | -€2,417 | -33.3% |
| Trade receivables | 40 | €6,575 | €4,039 | -€2,536 | -38.6% |
| Other amounts receivable | 41 | €687 | €805 | +€118 | +17.2% |
| Cash at bank and in hand | 54/58 | €88,610 | €83,432 | -€5,178 | -5.8% |
| Deferred charges and accrued income | 490/1 | €2,133 | €1,287 | -€846 | -39.7% |
| Total equity and liabilities | 10/49 | €122,821 | €112,579 | -€10,242 | -8.3% |
| Equity | 10/15 | €86,105 | €73,834 | -€12,271 | -14.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €82,000 | €69,000 | -€13,000 | -15.9% |
| Distributable reserves | 133 | €82,000 | €69,000 | -€13,000 | -15.9% |
| Profit (loss) carried forward | 14 | €1,105 | €1,834 | +€729 | +66.0% |
| Amounts payable | 17/49 | €36,716 | €38,745 | +€2,029 | +5.5% |
| Amounts payable within one year | 42/48 | €36,716 | €38,745 | +€2,029 | +5.5% |
| Financial debts | 43 | €168 | €0 | -€168 | -100% |
| Credit institutions | 430/8 | €168 | - | -€168 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €342 | €675 | +€333 | +97.2% |
| Suppliers | 440/4 | €342 | €675 | +€333 | +97.2% |
| Taxes, remuneration and social security | 45 | €3,205 | €950 | -€2,255 | -70.4% |
| Taxes | 450/3 | €950 | €950 | = | 0.0% |
| Remuneration and social security | 454/9 | €2,255 | €0 | -€2,255 | -100% |
| Other amounts payable | 47/48 | €33,000 | €37,120 | +€4,120 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,088 | €6,576 | +€4,488 | +215% |
| Other operating charges | 640/8 | €1,161 | €1,344 | +€183 | +15.7% |
| Gross operating margin | 9900 | €45,989 | €39,474 | -€6,515 | -14.2% |
| Operating profit (loss) | 9901 | €42,740 | €31,554 | -€11,186 | -26.2% |
| Financial charges | 65/66B | €148 | €167 | +€19 | +12.6% |
| Recurring financial charges | 65 | €148 | €167 | +€19 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €42,592 | €31,387 | -€11,204 | -26.3% |
| Income taxes | 67/77 | €8,848 | €6,658 | -€2,189 | -24.7% |
| Profit (loss) for the period | 9904 | €33,744 | €24,729 | -€9,015 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,744 | €24,729 | -€9,015 | -26.7% |
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 23 October 2026 via checked.be.