DA ACP: 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.
DA ACP
Largest movements
- Tangible fixed assets -€23,287
down €23,287 (-2.4%), from €980,455 to €957,168
of which Land and buildings: -€28,512
- Cash -€20,239
down €20,239 (-43.0%), from €47,103 to €26,864
mainly Debts after one year (-€29,871) and Net result for the year (-€20,552)
- Deferred charges and accrued income -€16,969
down €16,969 (-95.4%), from €17,791 to €822
- Debts after one year -€29,871
down €29,871 (-4.9%), from €608,123 to €578,252
- Reserves -€18,307
down €18,307 (-4.7%), from €390,761 to €372,454
- Gross operating margin -€15,231
down €15,231 (-21.1%), from €72,291 to €57,059
- Other operating charges +€4,808
up €4,808 (+279.0%), from €1,723 to €6,531
- Taxes +€2,898
up €2,898 (+838.8%), from €346 to €3,244
- Financial charges -€847
down €847 (-4.4%), from €19,083 to €18,237
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 | €1,212,153 | €1,153,426 | -€58,727 | -4.8% |
| Fixed assets | 21/28 | €1,008,961 | €985,020 | -€23,941 | -2.4% |
| Tangible fixed assets | 22/27 | €980,455 | €957,168 | -€23,287 | -2.4% |
| Land and buildings | 22 | €915,500 | €886,988 | -€28,512 | -3.1% |
| Plant, machinery and equipment | 23 | €10,928 | €14,772 | +€3,844 | +35.2% |
| Furniture and vehicles | 24 | €54,027 | €55,408 | +€1,381 | +2.6% |
| Financial fixed assets | 28 | €28,506 | €27,853 | -€654 | -2.3% |
| Current assets | 29/58 | €203,191 | €168,405 | -€34,786 | -17.1% |
| Amounts receivable within one year | 40/41 | €138,278 | €140,699 | +€2,422 | +1.8% |
| Trade receivables | 40 | €2,300 | - | -€2,300 | |
| Other amounts receivable | 41 | €135,978 | €140,699 | +€4,721 | +3.5% |
| Current investments | 50/53 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €47,103 | €26,864 | -€20,239 | -43.0% |
| Deferred charges and accrued income | 490/1 | €17,791 | €822 | -€16,969 | -95.4% |
| Total equity and liabilities | 10/49 | €1,212,153 | €1,153,426 | -€58,727 | -4.8% |
| Equity | 10/15 | €330,064 | €309,511 | -€20,552 | -6.2% |
| Contributions | 10/11 | €136,125 | €136,125 | = | 0.0% |
| Reserves | 13 | €390,761 | €372,454 | -€18,307 | -4.7% |
| Tax-exempt reserves | 132 | €390,761 | €372,454 | -€18,307 | -4.7% |
| Profit (loss) carried forward | 14 | -€196,822 | -€199,067 | -€2,245 | -1.1% |
| Provisions and deferred taxes | 16 | €130,254 | €124,151 | -€6,102 | -4.7% |
| Deferred taxes | 168 | €130,254 | €124,151 | -€6,102 | -4.7% |
| Amounts payable | 17/49 | €751,835 | €719,763 | -€32,072 | -4.3% |
| Amounts payable after more than one year | 17 | €608,123 | €578,252 | -€29,871 | -4.9% |
| Financial debts | 170/4 | €608,123 | €578,252 | -€29,871 | -4.9% |
| Amounts payable within one year | 42/48 | €140,455 | €141,511 | +€1,056 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €29,149 | €29,871 | +€722 | +2.5% |
| Trade debts | 44 | €25,661 | €33,163 | +€7,502 | +29.2% |
| Suppliers | 440/4 | €25,661 | €33,163 | +€7,502 | +29.2% |
| Taxes, remuneration and social security | 45 | - | €1,034 | +€1,034 | |
| Taxes | 450/3 | - | €1,034 | +€1,034 | |
| Other amounts payable | 47/48 | €85,645 | €77,444 | -€8,202 | -9.6% |
| Accrued charges and deferred income | 492/3 | €3,257 | - | -€3,257 | |
| Non-recurring operating income | 76A | €1,650 | €395 | -€1,255 | -76.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,564 | €32,152 | -€412 | -1.3% |
| Other operating charges | 640/8 | €1,723 | €6,531 | +€4,808 | +279.0% |
| Non-recurring operating charges | 66A | €11,933 | €23,550 | +€11,617 | +97.4% |
| Gross operating margin | 9900 | €72,291 | €57,059 | -€15,231 | -21.1% |
| Operating profit (loss) | 9901 | €26,071 | -€5,174 | -€31,245 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €19,083 | €18,237 | -€847 | -4.4% |
| Recurring financial charges | 65 | €19,083 | €18,237 | -€847 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €6,988 | -€23,411 | -€30,398 | |
| Transfer from deferred taxes | 780 | €3,312 | €6,102 | +€2,790 | +84.2% |
| Income taxes | 67/77 | €346 | €3,244 | +€2,898 | +838.8% |
| Profit (loss) for the period | 9904 | €9,954 | -€20,552 | -€30,506 | |
| Transfer from tax-exempt reserves | 789 | €9,937 | €18,307 | +€8,371 | +84.2% |
| Profit (loss) for the period to be appropriated | 9905 | €19,891 | -€2,245 | -€22,136 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.