ACSW CONSULT: what changed
ACSW CONSULT
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Receivables within one year -€8,000
down €8,000 (-44.4%), from €18,000 to €10,000
- Cash +€518
up €518 (+54.0%), from €959 to €1,477
mainly Other debts (+€24,970) and Receivables within one year (+€8,000)
- Other debts +€24,970
up €24,970 (+83,233%), from €30 to €25,000
- Trade debts -€3,292
down €3,292 (-72.8%), from €4,521 to €1,229
- Profit (loss) carried forward +€818
up €818 (+17.7%), from €4,625 to €5,442
- Gross operating margin -€3,753
down €3,753 (-39.5%), from €9,494 to €5,741
- Other operating charges -€616
down €616 (-51.2%), from €1,202 to €586
- Depreciation +€493
up €493 (+288%), from €171 to €665
- Financial charges +€267
up €267 (+147%), from €181 to €449
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,067 | €42,919 | +€22,852 | +114% |
| Fixed assets | 21/28 | €1,108 | €1,442 | +€334 | +30.2% |
| Tangible fixed assets | 22/27 | €1,108 | €1,442 | +€334 | +30.2% |
| Furniture and vehicles | 24 | €1,108 | €1,442 | +€334 | +30.2% |
| Current assets | 29/58 | €18,959 | €41,477 | +€22,518 | +119% |
| Amounts receivable within one year | 40/41 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Trade receivables | 40 | €18,000 | €10,000 | -€8,000 | -44.4% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €959 | €1,477 | +€518 | +54.0% |
| Total equity and liabilities | 10/49 | €20,067 | €42,919 | +€22,852 | +114% |
| Equity | 10/15 | €6,625 | €7,442 | +€818 | +12.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,625 | €5,442 | +€818 | +17.7% |
| Amounts payable | 17/49 | €13,442 | €35,476 | +€22,035 | +164% |
| Amounts payable within one year | 42/48 | €13,442 | €35,476 | +€22,035 | +164% |
| Trade debts | 44 | €4,521 | €1,229 | -€3,292 | -72.8% |
| Suppliers | 440/4 | €4,521 | €1,229 | -€3,292 | -72.8% |
| Taxes, remuneration and social security | 45 | €8,890 | €9,247 | +€357 | +4.0% |
| Taxes | 450/3 | €6,390 | €7,747 | +€1,357 | +21.2% |
| Remuneration and social security | 454/9 | €2,500 | €1,500 | -€1,000 | -40.0% |
| Other amounts payable | 47/48 | €30 | €25,000 | +€24,970 | +83,233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | €665 | +€493 | +288% |
| Other operating charges | 640/8 | €1,202 | €586 | -€616 | -51.2% |
| Gross operating margin | 9900 | €9,494 | €5,741 | -€3,753 | -39.5% |
| Operating profit (loss) | 9901 | €8,121 | €4,490 | -€3,631 | -44.7% |
| Financial income | 75/76B | €0 | €4 | +€4 | +8,320% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +8,320% |
| Financial charges | 65/66B | €181 | €449 | +€267 | +147% |
| Recurring financial charges | 65 | €181 | €449 | +€267 | +147% |
| Profit (loss) for the period before taxes | 9903 | €7,939 | €4,045 | -€3,894 | -49.0% |
| Income taxes | 67/77 | €3,314 | €3,228 | -€87 | -2.6% |
| Profit (loss) for the period | 9904 | €4,625 | €818 | -€3,807 | -82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,625 | €818 | -€3,807 | -82.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.