GILLES VAN ACKER: 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.
GILLES VAN ACKER
Largest movements
- Receivables within one year +€80,178
up €80,178 (+1,382%), from €5,800 to €85,979
- Cash -€11,827
down €11,827 (-40.2%), from €29,442 to €17,615
mainly Receivables within one year (-€80,178) and Other debts (-€15,639)
- Tangible fixed assets -€2,210
down €2,210 (-4.4%), from €50,351 to €48,141
of which Furniture and vehicles: -€11,395
- Deferred charges and accrued income +€2,004
up €2,004 (+75.1%), from €2,668 to €4,672
- Reserves +€70,025
up €70,025 (+305%), from €22,965 to €92,991
- Tax, wage and social debts +€24,059
new in 2025: €24,059
of which Taxes: +€21,279
- Other debts -€15,639
down €15,639 (-100%), from €15,639 to €0
- Debts after one year -€9,316
down €9,316 (-26.6%), from €35,053 to €25,738
- Gross operating margin +€64,343
up €64,343 (+178%), from €36,148 to €100,492
- Taxes +€12,079
up €12,079 (+195%), from €6,200 to €18,279
- Depreciation +€6,574
up €6,574 (+125%), from €5,239 to €11,813
- Financial income +€1,019
new in 2025: €1,019
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 | €88,262 | €156,406 | +€68,145 | +77.2% |
| Fixed assets | 21/28 | €50,351 | €48,141 | -€2,210 | -4.4% |
| Tangible fixed assets | 22/27 | €50,351 | €48,141 | -€2,210 | -4.4% |
| Furniture and vehicles | 24 | €50,351 | €38,956 | -€11,395 | -22.6% |
| Other tangible fixed assets | 26 | - | €9,185 | +€9,185 | |
| Current assets | 29/58 | €37,911 | €108,266 | +€70,355 | +186% |
| Amounts receivable within one year | 40/41 | €5,800 | €85,979 | +€80,178 | +1,382% |
| Other amounts receivable | 41 | €5,800 | €85,979 | +€80,178 | +1,382% |
| Cash at bank and in hand | 54/58 | €29,442 | €17,615 | -€11,827 | -40.2% |
| Deferred charges and accrued income | 490/1 | €2,668 | €4,672 | +€2,004 | +75.1% |
| Total equity and liabilities | 10/49 | €88,262 | €156,406 | +€68,145 | +77.2% |
| Equity | 10/15 | €24,965 | €94,991 | +€70,025 | +280% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €22,965 | €92,991 | +€70,025 | +305% |
| Distributable reserves | 133 | €22,965 | €92,991 | +€70,025 | +305% |
| Amounts payable | 17/49 | €63,296 | €61,416 | -€1,881 | -3.0% |
| Amounts payable after more than one year | 17 | €35,053 | €25,738 | -€9,316 | -26.6% |
| Financial debts | 170/4 | €35,053 | €25,738 | -€9,316 | -26.6% |
| Amounts payable within one year | 42/48 | €28,243 | €35,678 | +€7,435 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €8,975 | €9,316 | +€341 | +3.8% |
| Trade debts | 44 | €3,630 | €2,304 | -€1,326 | -36.5% |
| Suppliers | 440/4 | €3,630 | €2,304 | -€1,326 | -36.5% |
| Taxes, remuneration and social security | 45 | - | €24,059 | +€24,059 | |
| Taxes | 450/3 | - | €21,279 | +€21,279 | |
| Remuneration and social security | 454/9 | - | €2,780 | +€2,780 | |
| Other amounts payable | 47/48 | €15,639 | €0 | -€15,639 | -100% |
| Non-recurring operating income | 76A | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,239 | €11,813 | +€6,574 | +125% |
| Other operating charges | 640/8 | €643 | €676 | +€33 | +5.2% |
| Gross operating margin | 9900 | €36,148 | €100,492 | +€64,343 | +178% |
| Operating profit (loss) | 9901 | €30,267 | €88,003 | +€57,736 | +191% |
| Financial income | 75/76B | - | €1,019 | +€1,019 | |
| Recurring financial income | 75 | - | €1,019 | +€1,019 | |
| Financial charges | 65/66B | €1,102 | €718 | -€384 | -34.8% |
| Recurring financial charges | 65 | €1,102 | €718 | -€384 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €29,165 | €88,304 | +€59,139 | +203% |
| Income taxes | 67/77 | €6,200 | €18,279 | +€12,079 | +195% |
| Profit (loss) for the period | 9904 | €22,965 | €70,025 | +€47,060 | +205% |
| Profit (loss) for the period to be appropriated | 9905 | €22,965 | €70,025 | +€47,060 | +205% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.