DOC ACL: what changed
DOC ACL
Largest movements
- Cash +€38,325
up €38,325 (+12.4%), from €309,744 to €348,069
mainly Net result for the year (+€50,990) and Provisions (+€19,159)
- Intangible fixed assets -€11,751
no longer reported in 2025 (was €11,751)
- Tangible fixed assets -€7,012
down €7,012 (-88.4%), from €7,930 to €918
- Receivables within one year -€6,484
down €6,484 (-32.4%), from €19,999 to €13,515
of which Other amounts receivable: -€5,860
- Provisions +€19,159
up €19,159 (+53.0%), from €36,143 to €55,302
- Reserves -€8,085
down €8,085 (-3.0%), from €265,769 to €257,684
- Contributions +€6,200
up €6,200 (+43.5%), from €14,260 to €20,460
- Financial charges -€24,880
down €24,880 (-54.1%), from €46,028 to €21,147
- Provisions +€18,278
up €18,278 (+2,073%), from €882 to €19,159
- Taxes +€7,464
up €7,464 (+43.4%), from €17,188 to €24,652
- Gross operating margin +€5,604
up €5,604 (+4.3%), from €129,340 to €134,944
- Depreciation -€3,108
down €3,108 (-14.2%), from €21,871 to €18,763
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 | €411,995 | €427,345 | +€15,350 | +3.7% |
| Fixed assets | 21/28 | €20,681 | €4,418 | -€16,263 | -78.6% |
| Intangible fixed assets | 21 | €11,751 | - | -€11,751 | |
| Tangible fixed assets | 22/27 | €7,930 | €918 | -€7,012 | -88.4% |
| Furniture and vehicles | 24 | €7,930 | €918 | -€7,012 | -88.4% |
| Financial fixed assets | 28 | €1,000 | €3,500 | +€2,500 | +250% |
| Current assets | 29/58 | €391,315 | €422,927 | +€31,612 | +8.1% |
| Amounts receivable within one year | 40/41 | €19,999 | €13,515 | -€6,484 | -32.4% |
| Trade receivables | 40 | €2,819 | €2,195 | -€624 | -22.1% |
| Other amounts receivable | 41 | €17,180 | €11,320 | -€5,860 | -34.1% |
| Current investments | 50/53 | €57,500 | €60,000 | +€2,500 | +4.3% |
| Cash at bank and in hand | 54/58 | €309,744 | €348,069 | +€38,325 | +12.4% |
| Deferred charges and accrued income | 490/1 | €4,072 | €1,343 | -€2,729 | -67.0% |
| Total equity and liabilities | 10/49 | €411,995 | €427,345 | +€15,350 | +3.7% |
| Equity | 10/15 | €280,029 | €278,144 | -€1,885 | -0.7% |
| Contributions | 10/11 | €14,260 | €20,460 | +€6,200 | +43.5% |
| Reserves | 13 | €265,769 | €257,684 | -€8,085 | -3.0% |
| Distributable reserves | 133 | €265,769 | €257,684 | -€8,085 | -3.0% |
| Provisions and deferred taxes | 16 | €36,143 | €55,302 | +€19,159 | +53.0% |
| Provisions for liabilities and charges | 160/5 | €36,143 | €55,302 | +€19,159 | +53.0% |
| Other liabilities and charges | 164/5 | €36,143 | €55,302 | +€19,159 | +53.0% |
| Amounts payable | 17/49 | €95,823 | €93,898 | -€1,925 | -2.0% |
| Amounts payable within one year | 42/48 | €95,823 | €93,898 | -€1,925 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €3,536 | - | -€3,536 | |
| Trade debts | 44 | €568 | - | -€568 | |
| Suppliers | 440/4 | €568 | - | -€568 | |
| Taxes, remuneration and social security | 45 | €2,778 | €2,954 | +€176 | +6.3% |
| Taxes | 450/3 | €2,778 | €2,954 | +€176 | +6.3% |
| Other amounts payable | 47/48 | €88,941 | €90,944 | +€2,003 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,871 | €18,763 | -€3,108 | -14.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €882 | €19,159 | +€18,278 | +2,073% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €129,340 | €134,944 | +€5,604 | +4.3% |
| Operating profit (loss) | 9901 | €106,200 | €96,622 | -€9,578 | -9.0% |
| Financial income | 75/76B | €3 | €167 | +€164 | +5,471% |
| Recurring financial income | 75 | €3 | €167 | +€164 | +5,471% |
| Financial charges | 65/66B | €46,028 | €21,147 | -€24,880 | -54.1% |
| Recurring financial charges | 65 | €46,028 | €21,147 | -€24,880 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €60,175 | €75,642 | +€15,467 | +25.7% |
| Income taxes | 67/77 | €17,188 | €24,652 | +€7,464 | +43.4% |
| Profit (loss) for the period | 9904 | €42,988 | €50,990 | +€8,002 | +18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €42,988 | €50,990 | +€8,002 | +18.6% |
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 3 November 2026 via checked.be.