ACBI: 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.
ACBI
Largest movements
- Cash +€115,046
up €115,046 (+67.7%), from €170,042 to €285,088
mainly Stocks and contracts (+€66,483) and Net result for the year (+€42,523)
- Stocks and contracts -€66,483
down €66,483 (-56.4%), from €117,911 to €51,428
- Receivables within one year -€10,085
down €10,085 (-54.8%), from €18,395 to €8,311
- Reserves +€26,230
up €26,230 (+10.3%), from €255,275 to €281,505
of which Distributable reserves: +€26,230
- Tax, wage and social debts +€9,676
up €9,676 (+29.7%), from €32,625 to €42,300
of which Taxes: +€7,746
- Trade debts +€5,097
up €5,097 (+163%), from €3,129 to €8,226
- Other debts -€4,790
down €4,790 (-17.4%), from €27,460 to €22,670
- Write-downs +€9,252
new in 2025: €9,252
- Gross operating margin -€8,079
down €8,079 (-7.1%), from €113,065 to €104,986
- Taxes -€6,705
down €6,705 (-23.1%), from €29,007 to €22,302
- Staff costs -€1,687
down €1,687 (-10.2%), from €16,511 to €14,824
- Depreciation +€1,628
up €1,628 (+22.3%), from €7,309 to €8,937
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 | €324,989 | €361,201 | +€36,212 | +11.1% |
| Fixed assets | 21/28 | €18,641 | €16,375 | -€2,266 | -12.2% |
| Tangible fixed assets | 22/27 | €18,641 | €16,375 | -€2,266 | -12.2% |
| Furniture and vehicles | 24 | €18,641 | €16,375 | -€2,266 | -12.2% |
| Current assets | 29/58 | €306,348 | €344,826 | +€38,478 | +12.6% |
| Stocks and contracts in progress | 3 | €117,911 | €51,428 | -€66,483 | -56.4% |
| Stocks | 30/36 | €117,911 | €51,428 | -€66,483 | -56.4% |
| Amounts receivable within one year | 40/41 | €18,395 | €8,311 | -€10,085 | -54.8% |
| Trade receivables | 40 | €18,395 | €8,311 | -€10,085 | -54.8% |
| Cash at bank and in hand | 54/58 | €170,042 | €285,088 | +€115,046 | +67.7% |
| Total equity and liabilities | 10/49 | €324,989 | €361,201 | +€36,212 | +11.1% |
| Equity | 10/15 | €261,775 | €288,005 | +€26,230 | +10.0% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €255,275 | €281,505 | +€26,230 | +10.3% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €248,875 | €275,105 | +€26,230 | +10.5% |
| Amounts payable | 17/49 | €63,213 | €73,196 | +€9,983 | +15.8% |
| Amounts payable within one year | 42/48 | €63,213 | €73,196 | +€9,983 | +15.8% |
| Trade debts | 44 | €3,129 | €8,226 | +€5,097 | +163% |
| Suppliers | 440/4 | €3,129 | €8,226 | +€5,097 | +163% |
| Taxes, remuneration and social security | 45 | €32,625 | €42,300 | +€9,676 | +29.7% |
| Taxes | 450/3 | €32,625 | €40,371 | +€7,746 | +23.7% |
| Remuneration and social security | 454/9 | - | €1,929 | +€1,929 | |
| Other amounts payable | 47/48 | €27,460 | €22,670 | -€4,790 | -17.4% |
| Non-recurring operating income | 76A | - | €707 | +€707 | |
| Remuneration, social security and pensions | 62 | €16,511 | €14,824 | -€1,687 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,309 | €8,937 | +€1,628 | +22.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,252 | +€9,252 | |
| Other operating charges | 640/8 | €7,595 | €8,365 | +€769 | +10.1% |
| Non-recurring operating charges | 66A | €252 | - | -€252 | |
| Gross operating margin | 9900 | €113,065 | €104,986 | -€8,079 | -7.1% |
| Operating profit (loss) | 9901 | €81,398 | €63,608 | -€17,790 | -21.9% |
| Financial income | 75/76B | €103 | €1,453 | +€1,350 | +1,314% |
| Recurring financial income | 75 | €103 | €1,453 | +€1,350 | +1,314% |
| Financial charges | 65/66B | €363 | €236 | -€127 | -35.1% |
| Recurring financial charges | 65 | €363 | €236 | -€127 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €81,137 | €64,825 | -€16,312 | -20.1% |
| Income taxes | 67/77 | €29,007 | €22,302 | -€6,705 | -23.1% |
| Profit (loss) for the period | 9904 | €52,130 | €42,523 | -€9,607 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,130 | €42,523 | -€9,607 | -18.4% |
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 23 October 2026 via checked.be.