ACA MANAGEMENT: what changed
ACA MANAGEMENT
Largest movements
- Cash -€33,296
down €33,296 (-53.6%), from €62,096 to €28,800
mainly Contributions, distributions and other (-€82,000) and Other debts (-€35,351)
- Intangible fixed assets -€4,461
down €4,461 (-81.2%), from €5,496 to €1,036
- Tangible fixed assets -€2,692
down €2,692 (-22.4%), from €12,040 to €9,348
of which Furniture and vehicles: -€1,803
- Receivables within one year +€1,666
up €1,666 (+76.2%), from €2,186 to €3,852
of which Trade receivables: +€2,087
- Deferred charges and accrued income -€1,145
down €1,145 (-68.6%), from €1,669 to €524
- Other debts -€35,351
down €35,351 (-82.0%), from €43,128 to €7,777
- Trade debts -€2,956
down €2,956 (-82.1%), from €3,602 to €646
- Tax, wage and social debts -€1,403
down €1,403 (-8.8%), from €16,002 to €14,599
of which Taxes: -€7,913
- Gross operating margin +€37,510
up €37,510 (+30.7%), from €122,055 to €159,566
- Taxes +€8,426
up €8,426 (+55.7%), from €15,139 to €23,565
- Staff costs +€4,845
up €4,845 (+12.8%), from €37,954 to €42,799
Change in the result, 31-12-2024 to 31-12-2025
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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 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 | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,488 | €43,560 | -€39,928 | -47.8% |
| Fixed assets | 21/28 | €17,537 | €10,384 | -€7,153 | -40.8% |
| Intangible fixed assets | 21 | €5,496 | €1,036 | -€4,461 | -81.2% |
| Tangible fixed assets | 22/27 | €12,040 | €9,348 | -€2,692 | -22.4% |
| Plant, machinery and equipment | 23 | €5,648 | €4,759 | -€889 | -15.7% |
| Furniture and vehicles | 24 | €6,392 | €4,589 | -€1,803 | -28.2% |
| Current assets | 29/58 | €65,951 | €33,176 | -€32,776 | -49.7% |
| Amounts receivable within one year | 40/41 | €2,186 | €3,852 | +€1,666 | +76.2% |
| Trade receivables | 40 | €823 | €2,910 | +€2,087 | +254% |
| Other amounts receivable | 41 | €1,363 | €942 | -€421 | -30.9% |
| Cash at bank and in hand | 54/58 | €62,096 | €28,800 | -€33,296 | -53.6% |
| Deferred charges and accrued income | 490/1 | €1,669 | €524 | -€1,145 | -68.6% |
| Total equity and liabilities | 10/49 | €83,488 | €43,560 | -€39,928 | -47.8% |
| Equity | 10/15 | €20,756 | €20,538 | -€218 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €296 | €78 | -€218 | -73.5% |
| Amounts payable | 17/49 | €62,732 | €23,021 | -€39,711 | -63.3% |
| Amounts payable within one year | 42/48 | €62,732 | €23,021 | -€39,711 | -63.3% |
| Trade debts | 44 | €3,602 | €646 | -€2,956 | -82.1% |
| Suppliers | 440/4 | €3,602 | €646 | -€2,956 | -82.1% |
| Taxes, remuneration and social security | 45 | €16,002 | €14,599 | -€1,403 | -8.8% |
| Taxes | 450/3 | €11,813 | €3,900 | -€7,913 | -67.0% |
| Remuneration and social security | 454/9 | €4,189 | €10,699 | +€6,510 | +155% |
| Other amounts payable | 47/48 | €43,128 | €7,777 | -€35,351 | -82.0% |
| Remuneration, social security and pensions | 62 | €37,954 | €42,799 | +€4,845 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,385 | €9,831 | -€554 | -5.3% |
| Gross operating margin | 9900 | €122,055 | €159,566 | +€37,510 | +30.7% |
| Operating profit (loss) | 9901 | €73,716 | €106,935 | +€33,220 | +45.1% |
| Financial income | 75/76B | €356 | €80 | -€276 | -77.6% |
| Recurring financial income | 75 | €356 | €80 | -€276 | -77.6% |
| Financial charges | 65/66B | €2,259 | €1,668 | -€591 | -26.1% |
| Recurring financial charges | 65 | €2,259 | €1,668 | -€591 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €71,813 | €105,347 | +€33,534 | +46.7% |
| Income taxes | 67/77 | €15,139 | €23,565 | +€8,426 | +55.7% |
| Profit (loss) for the period | 9904 | €56,674 | €81,782 | +€25,108 | +44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €56,674 | €81,782 | +€25,108 | +44.3% |
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 6 November 2026 via checked.be.