C by ACKERMANS: 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.
C by ACKERMANS
Largest movements
- Cash -€11,803
down €11,803 (-29.7%), from €39,801 to €27,999
mainly Contributions, distributions and other (-€30,000) and Net result for the year (-€10,955)
- Receivables within one year +€4,962
up €4,962 (+14.4%), from €34,571 to €39,533
of which Other amounts receivable: +€4,962
- Profit (loss) carried forward -€40,955
down €40,955 (-47.3%), from €86,558 to €45,603
- Other debts +€30,000
new in 2025: €30,000
- Trade debts +€5,186
up €5,186 (+37,581%), from €14 to €5,200
- Gross operating margin +€4,870
up €4,870 (+33.2%), from -€14,687 to -€9,816
- Financial income -€1,445
down €1,445 (-100.0%), from €1,445 to €0
- Taxes +€458
no longer reported in 2025 (was -€458)
- Depreciation -€378
down €378 (-39.9%), from €948 to €569
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 | €94,924 | €88,863 | -€6,062 | -6.4% |
| Fixed assets | 21/28 | €552 | €1,332 | +€780 | +141% |
| Tangible fixed assets | 22/27 | €510 | €1,289 | +€780 | +153% |
| Furniture and vehicles | 24 | - | €1,289 | +€1,289 | |
| Other tangible fixed assets | 26 | €510 | - | -€510 | |
| Financial fixed assets | 28 | €42 | €42 | = | 0.0% |
| Current assets | 29/58 | €94,372 | €87,531 | -€6,841 | -7.2% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Other amounts receivable | 291 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,571 | €39,533 | +€4,962 | +14.4% |
| Trade receivables | 40 | €500 | €500 | = | 0.0% |
| Other amounts receivable | 41 | €34,071 | €39,033 | +€4,962 | +14.6% |
| Cash at bank and in hand | 54/58 | €39,801 | €27,999 | -€11,803 | -29.7% |
| Total equity and liabilities | 10/49 | €94,924 | €88,863 | -€6,062 | -6.4% |
| Equity | 10/15 | €94,618 | €53,663 | -€40,955 | -43.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,558 | €45,603 | -€40,955 | -47.3% |
| Amounts payable | 17/49 | €306 | €35,200 | +€34,894 | +11,401% |
| Amounts payable within one year | 42/48 | €306 | €35,200 | +€34,894 | +11,401% |
| Trade debts | 44 | €14 | €5,200 | +€5,186 | +37,581% |
| Suppliers | 440/4 | €14 | €5,200 | +€5,186 | +37,581% |
| Taxes, remuneration and social security | 45 | €292 | - | -€292 | |
| Taxes | 450/3 | €292 | - | -€292 | |
| Other amounts payable | 47/48 | - | €30,000 | +€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €569 | -€378 | -39.9% |
| Other operating charges | 640/8 | €509 | €400 | -€109 | -21.4% |
| Gross operating margin | 9900 | -€14,687 | -€9,816 | +€4,870 | +33.2% |
| Operating profit (loss) | 9901 | -€16,143 | -€10,785 | +€5,358 | +33.2% |
| Financial income | 75/76B | €1,445 | €0 | -€1,445 | -100.0% |
| Recurring financial income | 75 | €1,445 | €0 | -€1,445 | -100.0% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,851 | -€10,955 | +€3,896 | +26.2% |
| Income taxes | 67/77 | -€458 | - | +€458 | |
| Profit (loss) for the period | 9904 | -€14,394 | -€10,955 | +€3,438 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,394 | -€10,955 | +€3,438 | +23.9% |
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 18 October 2026 via checked.be.