AUCLEM: 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.
AUCLEM
Largest movements
- Current investments +€94,933
up €94,933 (+27.5%), from €345,799 to €440,732
- Cash +€12,140
up €12,140 (+28.5%), from €42,617 to €54,757
mainly Other debts (+€235,118) and Net result for the year (+€133,319)
- Tangible fixed assets -€10,671
down €10,671 (-39.7%), from €26,851 to €16,180
of which Furniture and vehicles: -€9,602
- Other debts +€235,118
up €235,118 (+2,330%), from €10,089 to €245,207
- Reserves -€121,694
down €121,694 (-38.9%), from €313,234 to €191,540
- Trade debts -€16,994
down €16,994 (-84.2%), from €20,173 to €3,179
- Tax, wage and social debts +€6,007
up €6,007 (+19.8%), from €30,338 to €36,345
- Gross operating margin +€18,501
up €18,501 (+11.0%), from €168,634 to €187,135
- Taxes +€5,794
up €5,794 (+13.7%), from €42,265 to €48,059
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 | €415,529 | €516,248 | +€100,719 | +24.2% |
| Fixed assets | 21/28 | €26,851 | €16,180 | -€10,671 | -39.7% |
| Tangible fixed assets | 22/27 | €26,851 | €16,180 | -€10,671 | -39.7% |
| Furniture and vehicles | 24 | €17,740 | €8,138 | -€9,602 | -54.1% |
| Other tangible fixed assets | 26 | €9,111 | €8,042 | -€1,069 | -11.7% |
| Current assets | 29/58 | €388,678 | €500,069 | +€111,390 | +28.7% |
| Amounts receivable within one year | 40/41 | €0 | €2,420 | +€2,420 | |
| Trade receivables | 40 | - | €2,420 | +€2,420 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €345,799 | €440,732 | +€94,933 | +27.5% |
| Cash at bank and in hand | 54/58 | €42,617 | €54,757 | +€12,140 | +28.5% |
| Deferred charges and accrued income | 490/1 | €262 | €2,159 | +€1,897 | +725% |
| Total equity and liabilities | 10/49 | €415,529 | €516,248 | +€100,719 | +24.2% |
| Equity | 10/15 | €318,234 | €196,540 | -€121,694 | -38.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €313,234 | €191,540 | -€121,694 | -38.9% |
| Distributable reserves | 133 | €313,234 | €191,540 | -€121,694 | -38.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €97,295 | €319,708 | +€222,413 | +229% |
| Amounts payable after more than one year | 17 | €32,467 | €28,441 | -€4,026 | -12.4% |
| Financial debts | 170/4 | €32,467 | €28,441 | -€4,026 | -12.4% |
| Amounts payable within one year | 42/48 | €60,757 | €285,208 | +€224,451 | +369% |
| Financial debts | 43 | €156 | €477 | +€320 | +205% |
| Credit institutions | 430/8 | €156 | €477 | +€320 | +205% |
| Trade debts | 44 | €20,173 | €3,179 | -€16,994 | -84.2% |
| Suppliers | 440/4 | €20,173 | €3,179 | -€16,994 | -84.2% |
| Taxes, remuneration and social security | 45 | €30,338 | €36,345 | +€6,007 | +19.8% |
| Taxes | 450/3 | €30,338 | €36,345 | +€6,007 | +19.8% |
| Other amounts payable | 47/48 | €10,089 | €245,207 | +€235,118 | +2,330% |
| Accrued charges and deferred income | 492/3 | €4,071 | €6,059 | +€1,988 | +48.8% |
| Non-recurring operating income | 76A | - | €15,097 | +€15,097 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,140 | €4,556 | -€585 | -11.4% |
| Other operating charges | 640/8 | €1,492 | €1,147 | -€345 | -23.1% |
| Gross operating margin | 9900 | €168,634 | €187,135 | +€18,501 | +11.0% |
| Operating profit (loss) | 9901 | €162,001 | €181,432 | +€19,431 | +12.0% |
| Financial income | 75/76B | €4,535 | €2,729 | -€1,806 | -39.8% |
| Recurring financial income | 75 | €4,535 | €2,729 | -€1,806 | -39.8% |
| Financial charges | 65/66B | €2,578 | €2,784 | +€205 | +8.0% |
| Recurring financial charges | 65 | €2,578 | €2,784 | +€205 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €163,959 | €181,378 | +€17,419 | +10.6% |
| Income taxes | 67/77 | €42,265 | €48,059 | +€5,794 | +13.7% |
| Profit (loss) for the period | 9904 | €121,694 | €133,319 | +€11,625 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,694 | €133,319 | +€11,625 | +9.6% |
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 15 October 2026 via checked.be.