ACWEBO: what changed
Two fiscal 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.
ACWEBO
Largest movements
- Cash +€58,865
up €58,865 (+161.4%), from €36,468 to €95,333
mainly Net result for the year (+€38,567) and Depreciation (+€17,720)
- Tangible fixed assets -€15,610
down €15,610 (-21.1%), from €74,074 to €58,464
- Receivables within one year -€2,509
down €2,509 (-10.2%), from €24,595 to €22,086
of which Trade receivables: -€5,310
- Deferred charges and accrued income +€2,074
up €2,074 (+85.2%), from €2,435 to €4,509
- Reserves +€21,502
up €21,502 (+346.8%), from €6,200 to €27,702
of which Distributable reserves: +€21,502
- Profit (loss) carried forward +€17,065
no longer reported in 2025 (was -€17,065)
- Tax, wage and social debts +€9,250
up €9,250 (+370.0%), from €2,500 to €11,750
- Debts after one year -€7,831
down €7,831 (-28.1%), from €27,876 to €20,045
- Trade debts +€2,414
up €2,414 (+5.0%), from €48,651 to €51,064
- Gross operating margin +€60,680
up €60,680 (+345.3%), from €17,571 to €78,252
- Taxes +€14,087
up €14,087 (+1923.0%), from €733 to €14,819
- Depreciation +€4,829
up €4,829 (+37.5%), from €12,891 to €17,720
- Other operating charges +€3,715
up €3,715 (+197.4%), from €1,882 to €5,596
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 | €137,572 | €180,393 | +€42,821 | +31.1% |
| Fixed assets | 21/28 | €74,074 | €58,464 | -€15,610 | -21.1% |
| Tangible fixed assets | 22/27 | €74,074 | €58,464 | -€15,610 | -21.1% |
| Furniture and vehicles | 24 | €74,074 | €58,464 | -€15,610 | -21.1% |
| Current assets | 29/58 | €63,498 | €121,929 | +€58,431 | +92.0% |
| Amounts receivable within one year | 40/41 | €24,595 | €22,086 | -€2,509 | -10.2% |
| Trade receivables | 40 | €12,570 | €7,260 | -€5,310 | -42.2% |
| Other amounts receivable | 41 | €12,025 | €14,826 | +€2,801 | +23.3% |
| Cash at bank and in hand | 54/58 | €36,468 | €95,333 | +€58,865 | +161.4% |
| Deferred charges and accrued income | 490/1 | €2,435 | €4,509 | +€2,074 | +85.2% |
| Total equity and liabilities | 10/49 | €137,572 | €180,393 | +€42,821 | +31.1% |
| Equity | 10/15 | €51,135 | €89,702 | +€38,567 | +75.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €27,702 | +€21,502 | +346.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €21,502 | +€21,502 | |
| Profit (loss) carried forward | 14 | -€17,065 | - | +€17,065 | |
| Amounts payable | 17/49 | €86,437 | €90,691 | +€4,254 | +4.9% |
| Amounts payable after more than one year | 17 | €27,876 | €20,045 | -€7,831 | -28.1% |
| Financial debts | 170/4 | €27,876 | €20,045 | -€7,831 | -28.1% |
| Amounts payable within one year | 42/48 | €58,561 | €70,645 | +€12,085 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €7,410 | €7,831 | +€421 | +5.7% |
| Trade debts | 44 | €48,651 | €51,064 | +€2,414 | +5.0% |
| Suppliers | 440/4 | €48,651 | €51,064 | +€2,414 | +5.0% |
| Taxes, remuneration and social security | 45 | €2,500 | €11,750 | +€9,250 | +370.0% |
| Taxes | 450/3 | €2,500 | €11,750 | +€9,250 | +370.0% |
| Non-recurring operating income | 76A | €21,500 | - | -€21,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,891 | €17,720 | +€4,829 | +37.5% |
| Other operating charges | 640/8 | €1,882 | €5,596 | +€3,715 | +197.4% |
| Gross operating margin | 9900 | €17,571 | €78,252 | +€60,680 | +345.3% |
| Operating profit (loss) | 9901 | €2,799 | €54,936 | +€52,137 | +1862.7% |
| Financial income | 75/76B | €213 | €303 | +€90 | +42.4% |
| Recurring financial income | 75 | €213 | €303 | +€90 | +42.4% |
| Financial charges | 65/66B | €1,720 | €1,852 | +€132 | +7.7% |
| Recurring financial charges | 65 | €1,720 | €1,852 | +€132 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €1,292 | €53,387 | +€52,095 | +4032.5% |
| Income taxes | 67/77 | €733 | €14,819 | +€14,087 | +1923.0% |
| Profit (loss) for the period | 9904 | €559 | €38,567 | +€38,008 | +6795.5% |
| Profit (loss) for the period to be appropriated | 9905 | €559 | €38,567 | +€38,008 | +6795.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.