AC-DC Group: 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.
AC-DC Group
Largest movements
- Receivables within one year -€19,207
down €19,207 (-88.6%), from €21,670 to €2,463
of which Trade receivables: -€9,739
- Cash -€5,554
down €5,554 (-82.6%), from €6,724 to €1,170
mainly Net result for the year (-€22,569) and Investment in fixed assets (net) (-€9,689)
- Tangible fixed assets +€2,232
up €2,232 (+8.5%), from €26,345 to €28,577
of which Furniture and vehicles: +€4,556
- Deferred charges and accrued income -€1,036
no longer reported in 2025 (was €1,036)
- Profit (loss) carried forward -€22,569
down €22,569 (-63.1%), from €35,762 to €13,193
- Other debts +€9,194
new in 2025: €9,194
- Tax, wage and social debts -€5,885
down €5,885 (-40.2%), from €14,643 to €8,758
- Trade debts -€3,905
down €3,905 (-98.4%), from €3,970 to €65
- Gross operating margin -€55,922
down €55,922, from €43,278 to -€12,644
- Taxes -€8,519
no longer reported in 2025 (was €8,519)
- Other operating charges -€2,340
down €2,340 (-77.6%), from €3,016 to €676
- Depreciation +€1,328
up €1,328 (+21.7%), from €6,129 to €7,457
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 | €55,775 | €32,210 | -€23,565 | -42.2% |
| Fixed assets | 21/28 | €26,345 | €28,577 | +€2,232 | +8.5% |
| Tangible fixed assets | 22/27 | €26,345 | €28,577 | +€2,232 | +8.5% |
| Plant, machinery and equipment | 23 | €5,916 | €4,442 | -€1,474 | -24.9% |
| Furniture and vehicles | 24 | €12,752 | €17,308 | +€4,556 | +35.7% |
| Other tangible fixed assets | 26 | €7,677 | €6,827 | -€850 | -11.1% |
| Current assets | 29/58 | €29,430 | €3,633 | -€25,797 | -87.7% |
| Amounts receivable within one year | 40/41 | €21,670 | €2,463 | -€19,207 | -88.6% |
| Trade receivables | 40 | €12,202 | €2,463 | -€9,739 | -79.8% |
| Other amounts receivable | 41 | €9,468 | - | -€9,468 | |
| Cash at bank and in hand | 54/58 | €6,724 | €1,170 | -€5,554 | -82.6% |
| Deferred charges and accrued income | 490/1 | €1,036 | - | -€1,036 | |
| Total equity and liabilities | 10/49 | €55,775 | €32,210 | -€23,565 | -42.2% |
| Equity | 10/15 | €36,762 | €14,193 | -€22,569 | -61.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,762 | €13,193 | -€22,569 | -63.1% |
| Amounts payable | 17/49 | €19,013 | €18,017 | -€996 | -5.2% |
| Amounts payable within one year | 42/48 | €19,013 | €18,017 | -€996 | -5.2% |
| Trade debts | 44 | €3,970 | €65 | -€3,905 | -98.4% |
| Suppliers | 440/4 | €3,970 | €65 | -€3,905 | -98.4% |
| Advances received on contracts in progress | 46 | €400 | - | -€400 | |
| Taxes, remuneration and social security | 45 | €14,643 | €8,758 | -€5,885 | -40.2% |
| Taxes | 450/3 | €14,643 | €8,758 | -€5,885 | -40.2% |
| Other amounts payable | 47/48 | - | €9,194 | +€9,194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,129 | €7,457 | +€1,328 | +21.7% |
| Other operating charges | 640/8 | €3,016 | €676 | -€2,340 | -77.6% |
| Non-recurring operating charges | 66A | €424 | - | -€424 | |
| Gross operating margin | 9900 | €43,278 | -€12,644 | -€55,922 | |
| Operating profit (loss) | 9901 | €33,709 | -€20,777 | -€54,486 | |
| Financial income | 75/76B | €281 | - | -€281 | |
| Recurring financial income | 75 | €281 | - | -€281 | |
| Financial charges | 65/66B | €1,899 | €1,792 | -€107 | -5.6% |
| Recurring financial charges | 65 | €1,899 | €1,792 | -€107 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €32,091 | -€22,569 | -€54,660 | |
| Income taxes | 67/77 | €8,519 | - | -€8,519 | |
| Profit (loss) for the period | 9904 | €23,572 | -€22,569 | -€46,141 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,572 | -€22,569 | -€46,141 |
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 13 October 2026 via checked.be.