ACV CONSEILS: 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.
ACV CONSEILS
Largest movements
- Financial fixed assets -€142,026
down €142,026 (-100.0%), from €142,026 to €0
- Cash +€107,057
up €107,057 (+1678.9%), from €6,377 to €113,434
mainly Current investments (+€97,872) and Investment in fixed assets (net) (+€55,950)
- Current investments -€97,872
down €97,872 (-100.0%), from €97,872 to €0
- Intangible fixed assets +€73,438
new in 2025: €73,438
- Tangible fixed assets -€16,810
down €16,810 (-2.4%), from €695,804 to €678,994
of which Land and buildings: -€25,318
- Debts after one year -€61,019
down €61,019 (-11.6%), from €527,447 to €466,429
of which Financial debts: -€51,019
- Profit (loss) carried forward -€21,888
down €21,888 (-50.1%), from -€43,715 to -€65,602
- Trade debts +€10,409
up €10,409 (+329.1%), from €3,163 to €13,572
- Other operating charges +€143,068
up €143,068 (+2187.3%), from €6,541 to €149,609
- Financial income +€74,836
up €74,836 (+3155.4%), from €2,372 to €77,207
- Gross operating margin +€36,961
up €36,961 (+59.6%), from €61,997 to €98,957
- Financial charges +€9,909
up €9,909 (+111.2%), from €8,907 to €18,816
- Depreciation -€2,731
down €2,731 (-8.5%), from €32,178 to €29,447
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 | €950,728 | €884,909 | -€65,819 | -6.9% |
| Fixed assets | 21/28 | €837,829 | €752,433 | -€85,397 | -10.2% |
| Intangible fixed assets | 21 | - | €73,438 | +€73,438 | |
| Tangible fixed assets | 22/27 | €695,804 | €678,994 | -€16,810 | -2.4% |
| Land and buildings | 22 | €685,069 | €659,751 | -€25,318 | -3.7% |
| Plant, machinery and equipment | 23 | €8,861 | €7,626 | -€1,234 | -13.9% |
| Furniture and vehicles | 24 | €1,875 | €11,617 | +€9,742 | +519.7% |
| Financial fixed assets | 28 | €142,026 | €0 | -€142,026 | -100.0% |
| Current assets | 29/58 | €112,898 | €132,476 | +€19,578 | +17.3% |
| Amounts receivable within one year | 40/41 | €6,670 | €16,656 | +€9,986 | +149.7% |
| Trade receivables | 40 | €6,041 | €14,074 | +€8,033 | +133.0% |
| Other amounts receivable | 41 | €629 | €2,582 | +€1,952 | +310.2% |
| Current investments | 50/53 | €97,872 | €0 | -€97,872 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,377 | €113,434 | +€107,057 | +1678.9% |
| Deferred charges and accrued income | 490/1 | €1,979 | €2,387 | +€407 | +20.6% |
| Total equity and liabilities | 10/49 | €950,728 | €884,909 | -€65,819 | -6.9% |
| Equity | 10/15 | €324,703 | €302,815 | -€21,888 | -6.7% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €118,418 | €118,418 | = | 0.0% |
| Distributable reserves | 133 | €118,418 | €118,418 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,715 | -€65,602 | -€21,888 | -50.1% |
| Provisions and deferred taxes | 16 | €14,213 | €14,213 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,213 | €14,213 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,213 | €14,213 | = | 0.0% |
| Amounts payable | 17/49 | €611,812 | €567,881 | -€43,931 | -7.2% |
| Amounts payable after more than one year | 17 | €527,447 | €466,429 | -€61,019 | -11.6% |
| Financial debts | 170/4 | €367,447 | €316,429 | -€51,019 | -13.9% |
| Other amounts payable | 178/9 | €160,000 | €150,000 | -€10,000 | -6.3% |
| Amounts payable within one year | 42/48 | €82,841 | €99,980 | +€17,140 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €62,687 | €61,019 | -€1,668 | -2.7% |
| Financial debts | 43 | €307 | €4,872 | +€4,564 | +1484.3% |
| Credit institutions | 430/8 | €307 | €4,872 | +€4,564 | +1484.3% |
| Trade debts | 44 | €3,163 | €13,572 | +€10,409 | +329.1% |
| Suppliers | 440/4 | €3,163 | €13,572 | +€10,409 | +329.1% |
| Taxes, remuneration and social security | 45 | €1,023 | €3,400 | +€2,377 | +232.4% |
| Taxes | 450/3 | €1,023 | €3,400 | +€2,377 | +232.4% |
| Other amounts payable | 47/48 | €15,661 | €17,118 | +€1,457 | +9.3% |
| Accrued charges and deferred income | 492/3 | €1,524 | €1,472 | -€52 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,178 | €29,447 | -€2,731 | -8.5% |
| Other operating charges | 640/8 | €6,541 | €149,609 | +€143,068 | +2187.3% |
| Gross operating margin | 9900 | €61,997 | €98,957 | +€36,961 | +59.6% |
| Operating profit (loss) | 9901 | €23,278 | -€80,099 | -€103,377 | |
| Financial income | 75/76B | €2,372 | €77,207 | +€74,836 | +3155.4% |
| Recurring financial income | 75 | €2,372 | €77,207 | +€74,836 | +3155.4% |
| Financial charges | 65/66B | €8,907 | €18,816 | +€9,909 | +111.2% |
| Recurring financial charges | 65 | €8,907 | €18,816 | +€9,909 | +111.2% |
| Profit (loss) for the period before taxes | 9903 | €16,743 | -€21,708 | -€38,450 | |
| Income taxes | 67/77 | €82 | €180 | +€98 | +119.3% |
| Profit (loss) for the period | 9904 | €16,660 | -€21,888 | -€38,548 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,660 | -€21,888 | -€38,548 |
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.