Marc VAN ACKERE & C°: what changed
Marc VAN ACKERE & C°
Largest movements
- Receivables within one year -€167,116
down €167,116 (-36.1%), from €462,391 to €295,275
of which Trade receivables: -€169,849
- Current investments +€25,008
up €25,008 (+33.3%), from €75,012 to €100,021
- Cash +€21,691
up €21,691 (+19.4%), from €112,071 to €133,762
mainly Receivables within one year (+€167,116) and Depreciation (+€27,543)
- Tangible fixed assets -€20,518
down €20,518 (-23.5%), from €87,392 to €66,874
of which Furniture and vehicles: -€16,079
- Intangible fixed assets +€9,168
up €9,168 (+407%), from €2,250 to €11,418
- Advances received -€85,633
down €85,633 (-77.8%), from €110,000 to €24,367
- Trade debts -€64,087
down €64,087 (-35.2%), from €182,265 to €118,178
- Tax, wage and social debts +€15,163
up €15,163 (+29.6%), from €51,145 to €66,308
of which Taxes: +€19,192
- Reserves +€15,000
up €15,000 (+3.4%), from €445,000 to €460,000
- Other debts -€10,118
down €10,118 (-98.2%), from €10,300 to €182
- Gross operating margin -€46,078
down €46,078 (-11.9%), from €388,122 to €342,044
- Taxes -€7,981
down €7,981 (-50.5%), from €15,803 to €7,822
- Depreciation -€7,555
down €7,555 (-21.5%), from €35,098 to €27,543
- Staff costs +€5,295
up €5,295 (+1.8%), from €288,828 to €294,124
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €852,891 | €714,982 | -€137,909 | -16.2% |
| Fixed assets | 21/28 | €109,104 | €97,817 | -€11,287 | -10.3% |
| Intangible fixed assets | 21 | €2,250 | €11,418 | +€9,168 | +407% |
| Tangible fixed assets | 22/27 | €87,392 | €66,874 | -€20,518 | -23.5% |
| Plant, machinery and equipment | 23 | €15,249 | €11,941 | -€3,307 | -21.7% |
| Furniture and vehicles | 24 | €69,590 | €53,511 | -€16,079 | -23.1% |
| Other tangible fixed assets | 26 | €2,554 | €1,422 | -€1,132 | -44.3% |
| Financial fixed assets | 28 | €19,461 | €19,525 | +€63 | +0.3% |
| Current assets | 29/58 | €743,787 | €617,165 | -€126,622 | -17.0% |
| Stocks and contracts in progress | 3 | €94,313 | €88,108 | -€6,205 | -6.6% |
| Stocks | 30/36 | €94,313 | €88,108 | -€6,205 | -6.6% |
| Amounts receivable within one year | 40/41 | €462,391 | €295,275 | -€167,116 | -36.1% |
| Trade receivables | 40 | €457,119 | €287,270 | -€169,849 | -37.2% |
| Other amounts receivable | 41 | €5,272 | €8,005 | +€2,733 | +51.8% |
| Current investments | 50/53 | €75,012 | €100,021 | +€25,008 | +33.3% |
| Cash at bank and in hand | 54/58 | €112,071 | €133,762 | +€21,691 | +19.4% |
| Total equity and liabilities | 10/49 | €852,891 | €714,982 | -€137,909 | -16.2% |
| Equity | 10/15 | €471,048 | €486,094 | +€15,046 | +3.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €445,000 | €460,000 | +€15,000 | +3.4% |
| Distributable reserves | 133 | €445,000 | €460,000 | +€15,000 | +3.4% |
| Profit (loss) carried forward | 14 | €1,259 | €1,304 | +€46 | +3.6% |
| Amounts payable | 17/49 | €381,843 | €228,889 | -€152,955 | -40.1% |
| Amounts payable after more than one year | 17 | €19,853 | €11,244 | -€8,609 | -43.4% |
| Financial debts | 170/4 | €19,853 | €11,244 | -€8,609 | -43.4% |
| Amounts payable within one year | 42/48 | €361,990 | €217,644 | -€144,345 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €8,280 | €8,609 | +€329 | +4.0% |
| Trade debts | 44 | €182,265 | €118,178 | -€64,087 | -35.2% |
| Suppliers | 440/4 | €182,265 | €118,178 | -€64,087 | -35.2% |
| Advances received on contracts in progress | 46 | €110,000 | €24,367 | -€85,633 | -77.8% |
| Taxes, remuneration and social security | 45 | €51,145 | €66,308 | +€15,163 | +29.6% |
| Taxes | 450/3 | €1,134 | €20,327 | +€19,192 | +1,692% |
| Remuneration and social security | 454/9 | €50,010 | €45,981 | -€4,029 | -8.1% |
| Other amounts payable | 47/48 | €10,300 | €182 | -€10,118 | -98.2% |
| Remuneration, social security and pensions | 62 | €288,828 | €294,124 | +€5,295 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,098 | €27,543 | -€7,555 | -21.5% |
| Other operating charges | 640/8 | €4,336 | €977 | -€3,360 | -77.5% |
| Gross operating margin | 9900 | €388,122 | €342,044 | -€46,078 | -11.9% |
| Operating profit (loss) | 9901 | €59,860 | €19,401 | -€40,459 | -67.6% |
| Financial income | 75/76B | €5,653 | €4,876 | -€777 | -13.7% |
| Recurring financial income | 75 | €5,653 | €4,876 | -€777 | -13.7% |
| Financial charges | 65/66B | €1,823 | €1,409 | -€413 | -22.7% |
| Recurring financial charges | 65 | €1,823 | €1,409 | -€413 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €63,690 | €22,868 | -€40,822 | -64.1% |
| Income taxes | 67/77 | €15,803 | €7,822 | -€7,981 | -50.5% |
| Profit (loss) for the period | 9904 | €47,887 | €15,046 | -€32,841 | -68.6% |
| Profit (loss) for the period to be appropriated | 9905 | €47,887 | €15,046 | -€32,841 | -68.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.