ACM DISTRIBUTION: 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.
ACM DISTRIBUTION
Largest movements
- Receivables within one year +€23,229
up €23,229 (+82.4%), from €28,179 to €51,408
of which Trade receivables: +€23,223
- Intangible fixed assets -€18,000
down €18,000 (-18.2%), from €99,000 to €81,000
- Cash +€6,467
up €6,467 (+99.2%), from €6,522 to €12,989
mainly Trade debts (+€29,072) and Net result for the year (+€22,718)
- Trade debts +€29,072
up €29,072 (+52.1%), from €55,796 to €84,869
- Current portion of long-term debt -€26,564
down €26,564 (-53.3%), from €49,859 to €23,295
- Profit (loss) carried forward +€22,718
up €22,718 (+44.7%), from -€50,822 to -€28,104
- Tax, wage and social debts -€19,837
down €19,837 (-54.2%), from €36,571 to €16,734
of which Taxes: -€16,510
- Debts after one year +€6,630
up €6,630 (+7.9%), from €83,872 to €90,502
- Gross operating margin +€23,951
up €23,951 (+37.2%), from €64,461 to €88,412
- Staff costs +€3,716
up €3,716 (+13.3%), from €28,043 to €31,760
- Depreciation -€3,594
down €3,594 (-15.7%), from €22,926 to €19,332
- Other operating charges +€2,344
up €2,344 (+110%), from €2,133 to €4,477
- Financial charges +€1,477
up €1,477 (+20.0%), from €7,372 to €8,849
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.
Derived cash bridge
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 | €219,859 | €229,271 | +€9,413 | +4.3% |
| Fixed assets | 21/28 | €184,143 | €164,342 | -€19,800 | -10.8% |
| Intangible fixed assets | 21 | €99,000 | €81,000 | -€18,000 | -18.2% |
| Tangible fixed assets | 22/27 | €6,878 | €5,077 | -€1,800 | -26.2% |
| Plant, machinery and equipment | 23 | €5,983 | €4,842 | -€1,141 | -19.1% |
| Furniture and vehicles | 24 | €894 | €235 | -€659 | -73.7% |
| Financial fixed assets | 28 | €78,265 | €78,265 | = | 0.0% |
| Current assets | 29/58 | €35,716 | €64,929 | +€29,213 | +81.8% |
| Amounts receivable within one year | 40/41 | €28,179 | €51,408 | +€23,229 | +82.4% |
| Trade receivables | 40 | €27,210 | €50,433 | +€23,223 | +85.3% |
| Other amounts receivable | 41 | €969 | €975 | +€6 | +0.6% |
| Cash at bank and in hand | 54/58 | €6,522 | €12,989 | +€6,467 | +99.2% |
| Deferred charges and accrued income | 490/1 | €1,015 | €532 | -€483 | -47.6% |
| Total equity and liabilities | 10/49 | €219,859 | €229,271 | +€9,413 | +4.3% |
| Equity | 10/15 | -€30,822 | -€8,104 | +€22,718 | +73.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,822 | -€28,104 | +€22,718 | +44.7% |
| Amounts payable | 17/49 | €250,681 | €237,375 | -€13,305 | -5.3% |
| Amounts payable after more than one year | 17 | €83,872 | €90,502 | +€6,630 | +7.9% |
| Financial debts | 170/4 | €83,872 | €90,502 | +€6,630 | +7.9% |
| Amounts payable within one year | 42/48 | €164,821 | €144,887 | -€19,934 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €49,859 | €23,295 | -€26,564 | -53.3% |
| Financial debts | 43 | €4,580 | - | -€4,580 | |
| Credit institutions | 430/8 | €4,580 | - | -€4,580 | |
| Trade debts | 44 | €55,796 | €84,869 | +€29,072 | +52.1% |
| Suppliers | 440/4 | €55,796 | €84,869 | +€29,072 | +52.1% |
| Taxes, remuneration and social security | 45 | €36,571 | €16,734 | -€19,837 | -54.2% |
| Taxes | 450/3 | €27,991 | €11,480 | -€16,510 | -59.0% |
| Remuneration and social security | 454/9 | €8,581 | €5,254 | -€3,327 | -38.8% |
| Other amounts payable | 47/48 | €18,015 | €19,990 | +€1,975 | +11.0% |
| Accrued charges and deferred income | 492/3 | €1,987 | €1,986 | -€2 | -0.1% |
| Remuneration, social security and pensions | 62 | €28,043 | €31,760 | +€3,716 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,926 | €19,332 | -€3,594 | -15.7% |
| Other operating charges | 640/8 | €2,133 | €4,477 | +€2,344 | +110% |
| Non-recurring operating charges | 66A | €1,538 | €1,224 | -€315 | -20.5% |
| Gross operating margin | 9900 | €64,461 | €88,412 | +€23,951 | +37.2% |
| Operating profit (loss) | 9901 | €9,820 | €31,620 | +€21,800 | +222% |
| Financial income | 75/76B | €4 | €38 | +€34 | +828% |
| Recurring financial income | 75 | €4 | €38 | +€34 | +828% |
| Financial charges | 65/66B | €7,372 | €8,849 | +€1,477 | +20.0% |
| Recurring financial charges | 65 | €7,372 | €8,849 | +€1,477 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €2,452 | €22,808 | +€20,356 | +830% |
| Income taxes | 67/77 | €294 | €90 | -€204 | -69.3% |
| Profit (loss) for the period | 9904 | €2,158 | €22,718 | +€20,560 | +953% |
| Profit (loss) for the period to be appropriated | 9905 | €2,158 | €22,718 | +€20,560 | +953% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.