L'ACROBATE: 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.
L'ACROBATE
Largest movements
- Cash +€21,329
up €21,329 (+33.2%), from €64,215 to €85,544
mainly Other debts (+€68,172) and Net result for the year (+€12,703)
- Tangible fixed assets -€11,522
down €11,522 (-6.0%), from €192,428 to €180,906
of which Land and buildings: -€7,348
- Deferred charges and accrued income -€9,298
down €9,298 (-100.0%), from €9,298 to €0
- Receivables within one year +€6,266
up €6,266 (+135.5%), from €4,625 to €10,891
- Other debts +€68,172
up €68,172 (+2291.4%), from €2,975 to €71,147
- Reserves -€58,131
down €58,131 (-17.0%), from €342,894 to €284,762
- Tax, wage and social debts -€3,961
down €3,961 (-100.0%), from €3,961 to €0
- Write-downs +€38,960
new in 2025: €38,960
- Gross operating margin +€20,050
up €20,050 (+34.3%), from €58,496 to €78,546
- Taxes -€5,723
down €5,723 (-53.4%), from €10,725 to €5,002
- Financial income +€1,811
up €1,811 (+155.3%), from €1,166 to €2,978
- Depreciation -€1,524
down €1,524 (-11.7%), from €13,046 to €11,522
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 | €370,566 | €377,341 | +€6,776 | +1.8% |
| Fixed assets | 21/28 | €192,428 | €180,906 | -€11,522 | -6.0% |
| Tangible fixed assets | 22/27 | €192,428 | €180,906 | -€11,522 | -6.0% |
| Land and buildings | 22 | €160,786 | €153,438 | -€7,348 | -4.6% |
| Plant, machinery and equipment | 23 | €1,459 | €956 | -€504 | -34.5% |
| Other tangible fixed assets | 26 | €30,182 | €26,512 | -€3,670 | -12.2% |
| Current assets | 29/58 | €178,138 | €196,435 | +€18,298 | +10.3% |
| Amounts receivable within one year | 40/41 | €4,625 | €10,891 | +€6,266 | +135.5% |
| Other amounts receivable | 41 | €4,625 | €10,891 | +€6,266 | +135.5% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,215 | €85,544 | +€21,329 | +33.2% |
| Deferred charges and accrued income | 490/1 | €9,298 | €0 | -€9,298 | -100.0% |
| Total equity and liabilities | 10/49 | €370,566 | €377,341 | +€6,776 | +1.8% |
| Equity | 10/15 | €361,494 | €303,362 | -€58,131 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €342,894 | €284,762 | -€58,131 | -17.0% |
| Distributable reserves | 133 | €342,894 | €284,762 | -€58,131 | -17.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,072 | €73,979 | +€64,907 | +715.5% |
| Amounts payable within one year | 42/48 | €9,072 | €73,379 | +€64,307 | +708.9% |
| Trade debts | 44 | €2,136 | €2,232 | +€97 | +4.5% |
| Suppliers | 440/4 | €2,136 | €2,232 | +€97 | +4.5% |
| Taxes, remuneration and social security | 45 | €3,961 | €0 | -€3,961 | -100.0% |
| Taxes | 450/3 | €3,961 | €0 | -€3,961 | -100.0% |
| Other amounts payable | 47/48 | €2,975 | €71,147 | +€68,172 | +2291.4% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,046 | €11,522 | -€1,524 | -11.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €38,960 | +€38,960 | |
| Other operating charges | 640/8 | €12,684 | €13,134 | +€450 | +3.5% |
| Gross operating margin | 9900 | €58,496 | €78,546 | +€20,050 | +34.3% |
| Operating profit (loss) | 9901 | €32,766 | €14,930 | -€17,836 | -54.4% |
| Financial income | 75/76B | €1,166 | €2,978 | +€1,811 | +155.3% |
| Recurring financial income | 75 | €1,166 | €2,978 | +€1,811 | +155.3% |
| Financial charges | 65/66B | €218 | €203 | -€15 | -7.0% |
| Recurring financial charges | 65 | €218 | €203 | -€15 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €33,714 | €17,705 | -€16,009 | -47.5% |
| Income taxes | 67/77 | €10,725 | €5,002 | -€5,723 | -53.4% |
| Profit (loss) for the period | 9904 | €22,989 | €12,703 | -€10,286 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,989 | €12,703 | -€10,286 | -44.7% |
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 8 October 2026 via checked.be.