ACT ENGINEERING: what changed
Two fiscal 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.
ACT ENGINEERING
Largest movements
- Receivables within one year -€22,674
down €22,674 (-74.0%), from €30,630 to €7,956
of which Trade receivables: -€20,395
- Cash +€17,091
new in 2025: €17,091
mainly Receivables within one year (+€22,674) and Trade debts (+€5,659)
- Tangible fixed assets -€2,740
down €2,740 (-19.6%), from €13,955 to €11,215
of which Other tangible fixed assets: -€2,082
- Stocks and contracts -€1,200
down €1,200 (-57.1%), from €2,100 to €900
- Short-term financial debts -€7,281
no longer reported in 2025 (was €7,281)
- Trade debts +€5,659
new in 2025: €5,659
- Tax, wage and social debts -€4,425
down €4,425 (-57.4%), from €7,708 to €3,283
- Profit (loss) carried forward -€3,173
down €3,173 (-7.2%), from -€44,168 to -€47,341
- Gross operating margin +€52,175
up €52,175, from -€50,343 to €1,832
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.
Cash bridge derived
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 | €46,685 | €37,465 | -€9,220 | -19.7% |
| Fixed assets | 21/28 | €13,955 | €11,215 | -€2,740 | -19.6% |
| Tangible fixed assets | 22/27 | €13,955 | €11,215 | -€2,740 | -19.6% |
| Plant, machinery and equipment | 23 | €985 | €433 | -€552 | -56.0% |
| Furniture and vehicles | 24 | €1,085 | €979 | -€106 | -9.8% |
| Other tangible fixed assets | 26 | €11,885 | €9,803 | -€2,082 | -17.5% |
| Current assets | 29/58 | €32,730 | €26,250 | -€6,480 | -19.8% |
| Stocks and contracts in progress | 3 | €2,100 | €900 | -€1,200 | -57.1% |
| Stocks | 30/36 | €2,100 | €900 | -€1,200 | -57.1% |
| Amounts receivable within one year | 40/41 | €30,630 | €7,956 | -€22,674 | -74.0% |
| Trade receivables | 40 | €28,351 | €7,956 | -€20,395 | -71.9% |
| Other amounts receivable | 41 | €2,279 | - | -€2,279 | |
| Cash at bank and in hand | 54/58 | - | €17,091 | +€17,091 | |
| Deferred charges and accrued income | 490/1 | - | €303 | +€303 | |
| Total equity and liabilities | 10/49 | €46,685 | €37,465 | -€9,220 | -19.7% |
| Equity | 10/15 | €31,696 | €28,523 | -€3,173 | -10.0% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €74,625 | €74,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €273 | €273 | = | 0.0% |
| Reserves not available under the articles | 1311 | €273 | €273 | = | 0.0% |
| Distributable reserves | 133 | €74,352 | €74,352 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,168 | -€47,341 | -€3,173 | -7.2% |
| Amounts payable | 17/49 | €14,989 | €8,942 | -€6,047 | -40.3% |
| Amounts payable within one year | 42/48 | €14,989 | €8,942 | -€6,047 | -40.3% |
| Financial debts | 43 | €7,281 | - | -€7,281 | |
| Credit institutions | 430/8 | €7,281 | - | -€7,281 | |
| Trade debts | 44 | - | €5,659 | +€5,659 | |
| Suppliers | 440/4 | - | €5,659 | +€5,659 | |
| Taxes, remuneration and social security | 45 | €7,708 | €3,283 | -€4,425 | -57.4% |
| Taxes | 450/3 | €7,708 | €3,283 | -€4,425 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,180 | €2,740 | -€440 | -13.8% |
| Other operating charges | 640/8 | €1,608 | €1,141 | -€467 | -29.0% |
| Gross operating margin | 9900 | -€50,343 | €1,832 | +€52,175 | |
| Operating profit (loss) | 9901 | -€55,131 | -€2,049 | +€53,082 | +96.3% |
| Financial charges | 65/66B | €514 | €967 | +€453 | +88.1% |
| Recurring financial charges | 65 | €514 | €967 | +€453 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | -€55,645 | -€3,016 | +€52,629 | +94.6% |
| Income taxes | 67/77 | €157 | €157 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€55,802 | -€3,173 | +€52,629 | +94.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,802 | -€3,173 | +€52,629 | +94.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.