AACOS: 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.
AACOS
Largest movements
- Tangible fixed assets -€4,328
down €4,328 (-32.2%), from €13,435 to €9,107
of which Other tangible fixed assets: -€2,241
- Receivables after one year -€2,665
down €2,665 (-2.9%), from €90,692 to €88,026
- Deferred charges and accrued income +€1,228
up €1,228 (+93.9%), from €1,308 to €2,535
- Profit (loss) carried forward -€7,277
down €7,277 (-12.1%), from €60,364 to €53,087
- Short-term financial debts -€6,776
down €6,776 (-100%), from €6,776 to €0
- Debts after one year +€5,889
new in 2025: €5,889
- Trade debts +€2,953
up €2,953 (+35.4%), from €8,354 to €11,307
- Gross operating margin -€1,151
down €1,151 (-44.7%), from €2,573 to €1,422
- Depreciation -€674
down €674 (-13.5%), from €5,002 to €4,328
- Financial charges -€494
down €494 (-29.2%), from €1,694 to €1,200
- Taxes +€405
up €405, from €0 to €405
- Financial income +€358
up €358 (+66.5%), from €539 to €897
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 | €110,393 | €105,235 | -€5,158 | -4.7% |
| Fixed assets | 21/28 | €13,435 | €9,107 | -€4,328 | -32.2% |
| Tangible fixed assets | 22/27 | €13,435 | €9,107 | -€4,328 | -32.2% |
| Furniture and vehicles | 24 | €2,198 | €111 | -€2,087 | -94.9% |
| Other tangible fixed assets | 26 | €11,236 | €8,995 | -€2,241 | -19.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €96,958 | €96,128 | -€830 | -0.9% |
| Amounts receivable after more than one year | 29 | €90,692 | €88,026 | -€2,665 | -2.9% |
| Other amounts receivable | 291 | €90,692 | €88,026 | -€2,665 | -2.9% |
| Amounts receivable within one year | 40/41 | €4,959 | €4,493 | -€466 | -9.4% |
| Trade receivables | 40 | €3,162 | €4,153 | +€991 | +31.4% |
| Other amounts receivable | 41 | €1,797 | €340 | -€1,458 | -81.1% |
| Cash at bank and in hand | 54/58 | €0 | €1,073 | +€1,073 | |
| Deferred charges and accrued income | 490/1 | €1,308 | €2,535 | +€1,228 | +93.9% |
| Total equity and liabilities | 10/49 | €110,393 | €105,235 | -€5,158 | -4.7% |
| Equity | 10/15 | €80,815 | €73,538 | -€7,277 | -9.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,364 | €53,087 | -€7,277 | -12.1% |
| Amounts payable | 17/49 | €29,577 | €31,697 | +€2,119 | +7.2% |
| Amounts payable after more than one year | 17 | - | €5,889 | +€5,889 | |
| Financial debts | 170/4 | - | €5,889 | +€5,889 | |
| Amounts payable within one year | 42/48 | €29,421 | €25,460 | -€3,962 | -13.5% |
| Financial debts | 43 | €6,776 | €0 | -€6,776 | -100% |
| Credit institutions | 430/8 | €6,776 | €0 | -€6,776 | -100% |
| Trade debts | 44 | €8,354 | €11,307 | +€2,953 | +35.4% |
| Suppliers | 440/4 | €8,354 | €11,307 | +€2,953 | +35.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,769 | €871 | -€899 | -50.8% |
| Taxes | 450/3 | €1,769 | €871 | -€899 | -50.8% |
| Other amounts payable | 47/48 | €12,522 | €13,282 | +€760 | +6.1% |
| Accrued charges and deferred income | 492/3 | €156 | €348 | +€192 | +123% |
| Non-recurring operating income | 76A | €18 | €0 | -€18 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,002 | €4,328 | -€674 | -13.5% |
| Other operating charges | 640/8 | €1,603 | €1,747 | +€144 | +9.0% |
| Non-recurring operating charges | 66A | €12,713 | €1,917 | -€10,797 | -84.9% |
| Gross operating margin | 9900 | €2,573 | €1,422 | -€1,151 | -44.7% |
| Operating profit (loss) | 9901 | -€16,746 | -€6,570 | +€10,176 | +60.8% |
| Financial income | 75/76B | €539 | €897 | +€358 | +66.5% |
| Recurring financial income | 75 | €539 | €897 | +€358 | +66.5% |
| Financial charges | 65/66B | €1,694 | €1,200 | -€494 | -29.2% |
| Recurring financial charges | 65 | €1,694 | €1,200 | -€494 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,901 | -€6,873 | +€11,028 | +61.6% |
| Income taxes | 67/77 | €0 | €405 | +€405 | |
| Profit (loss) for the period | 9904 | -€17,901 | -€7,277 | +€10,623 | +59.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,901 | -€7,277 | +€10,623 | +59.3% |
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 28 October 2026 via checked.be.