ACAR: 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.
ACAR
Largest movements
- Cash -€39,129
down €39,129 (-54.8%), from €71,442 to €32,313
mainly Investment in fixed assets (net) (-€33,619) and Receivables within one year (-€8,601)
- Tangible fixed assets +€29,142
up €29,142 (+807.9%), from €3,607 to €32,749
- Receivables within one year +€8,601
up €8,601 (+49.6%), from €17,357 to €25,958
- Deferred charges and accrued income +€2,479
new in 2024: €2,479
- Current portion of long-term debt -€3,937
no longer reported in 2024 (was €3,937)
- Trade debts +€3,863
up €3,863 (+349.9%), from €1,104 to €4,967
- Profit (loss) carried forward +€1,166
up €1,166 (+1.7%), from €66,946 to €68,112
- Gross operating margin -€20,289
down €20,289 (-82.7%), from €24,541 to €4,252
- Financial income +€11,277
up €11,277 (+495.0%), from €2,278 to €13,555
- Other operating charges +€4,360
up €4,360 (+2169.2%), from €201 to €4,561
- Taxes +€2,387
up €2,387 (+135.9%), from €1,757 to €4,144
- Depreciation -€2,226
down €2,226 (-33.2%), from €6,703 to €4,477
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,438 | €93,531 | +€1,093 | +1.2% |
| Fixed assets | 21/28 | €3,639 | €32,781 | +€29,142 | +800.8% |
| Tangible fixed assets | 22/27 | €3,607 | €32,749 | +€29,142 | +807.9% |
| Furniture and vehicles | 24 | €3,607 | €32,749 | +€29,142 | +807.9% |
| Financial fixed assets | 28 | €32 | €32 | = | 0.0% |
| Current assets | 29/58 | €88,799 | €60,750 | -€28,049 | -31.6% |
| Amounts receivable within one year | 40/41 | €17,357 | €25,958 | +€8,601 | +49.6% |
| Other amounts receivable | 41 | €17,357 | €25,958 | +€8,601 | +49.6% |
| Cash at bank and in hand | 54/58 | €71,442 | €32,313 | -€39,129 | -54.8% |
| Deferred charges and accrued income | 490/1 | - | €2,479 | +€2,479 | |
| Total equity and liabilities | 10/49 | €92,438 | €93,531 | +€1,093 | +1.2% |
| Equity | 10/15 | €87,397 | €88,563 | +€1,166 | +1.3% |
| 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 | €66,946 | €68,112 | +€1,166 | +1.7% |
| Amounts payable | 17/49 | €5,041 | €4,968 | -€73 | -1.4% |
| Amounts payable within one year | 42/48 | €5,041 | €4,967 | -€74 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €3,937 | - | -€3,937 | |
| Trade debts | 44 | €1,104 | €4,967 | +€3,863 | +349.9% |
| Suppliers | 440/4 | €1,104 | €4,967 | +€3,863 | +349.9% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,703 | €4,477 | -€2,226 | -33.2% |
| Other operating charges | 640/8 | €201 | €4,561 | +€4,360 | +2169.2% |
| Non-recurring operating charges | 66A | - | €3,301 | +€3,301 | |
| Gross operating margin | 9900 | €24,541 | €4,252 | -€20,289 | -82.7% |
| Operating profit (loss) | 9901 | €17,637 | -€8,087 | -€25,724 | |
| Financial income | 75/76B | €2,278 | €13,555 | +€11,277 | +495.0% |
| Recurring financial income | 75 | €2,278 | €13,555 | +€11,277 | +495.0% |
| Financial charges | 65/66B | €506 | €158 | -€348 | -68.8% |
| Recurring financial charges | 65 | €506 | €158 | -€348 | -68.8% |
| Profit (loss) for the period before taxes | 9903 | €19,409 | €5,310 | -€14,099 | -72.6% |
| Income taxes | 67/77 | €1,757 | €4,144 | +€2,387 | +135.9% |
| Profit (loss) for the period | 9904 | €17,652 | €1,166 | -€16,486 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,652 | €1,166 | -€16,486 | -93.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.