ACT FOR TRANSITION: 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.
ACT FOR TRANSITION
Largest movements
- Receivables within one year -€9,893
down €9,893 (-60.7%), from €16,306 to €6,413
of which Other amounts receivable: -€9,145
- Cash +€8,435
up €8,435 (+323%), from €2,614 to €11,048
mainly Receivables within one year (+€9,893) and Stocks and contracts (+€4,484)
- Stocks and contracts -€4,484
no longer reported in 2025 (was €4,484)
- Tangible fixed assets -€1,412
down €1,412 (-49.8%), from €2,835 to €1,423
- Trade debts -€9,777
down €9,777 (-75.6%), from €12,929 to €3,152
- Profit (loss) carried forward +€3,747
up €3,747 (+196%), from €1,912 to €5,659
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Tax, wage and social debts +€636
up €636 (+6.2%), from €10,247 to €10,883
of which Remuneration and social security: +€2,569
- Staff costs -€69,737
down €69,737 (-66.9%), from €104,312 to €34,575
- Gross operating margin -€55,954
down €55,954 (-55.9%), from €100,027 to €44,073
- Other operating charges -€4,931
down €4,931 (-84.0%), from €5,873 to €942
- Taxes +€3,208
up €3,208, from -€368 to €2,840
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 | €33,288 | €25,894 | -€7,394 | -22.2% |
| Fixed assets | 21/28 | €9,750 | €8,339 | -€1,412 | -14.5% |
| Tangible fixed assets | 22/27 | €2,835 | €1,423 | -€1,412 | -49.8% |
| Furniture and vehicles | 24 | €2,835 | €1,423 | -€1,412 | -49.8% |
| Financial fixed assets | 28 | €6,916 | €6,916 | = | 0.0% |
| Current assets | 29/58 | €23,537 | €17,556 | -€5,982 | -25.4% |
| Stocks and contracts in progress | 3 | €4,484 | - | -€4,484 | |
| Stocks | 30/36 | €4,484 | - | -€4,484 | |
| Amounts receivable within one year | 40/41 | €16,306 | €6,413 | -€9,893 | -60.7% |
| Trade receivables | 40 | €1,325 | €578 | -€747 | -56.4% |
| Other amounts receivable | 41 | €14,980 | €5,835 | -€9,145 | -61.0% |
| Cash at bank and in hand | 54/58 | €2,614 | €11,048 | +€8,435 | +323% |
| Deferred charges and accrued income | 490/1 | €135 | €94 | -€40 | -29.9% |
| Total equity and liabilities | 10/49 | €33,288 | €25,894 | -€7,394 | -22.2% |
| Equity | 10/15 | €8,112 | €11,859 | +€3,747 | +46.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,912 | €5,659 | +€3,747 | +196% |
| Amounts payable | 17/49 | €25,176 | €14,035 | -€11,141 | -44.3% |
| Amounts payable within one year | 42/48 | €25,176 | €14,035 | -€11,141 | -44.3% |
| Trade debts | 44 | €12,929 | €3,152 | -€9,777 | -75.6% |
| Suppliers | 440/4 | €12,929 | €3,152 | -€9,777 | -75.6% |
| Taxes, remuneration and social security | 45 | €10,247 | €10,883 | +€636 | +6.2% |
| Taxes | 450/3 | €9,085 | €7,152 | -€1,933 | -21.3% |
| Remuneration and social security | 454/9 | €1,162 | €3,731 | +€2,569 | +221% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €104,312 | €34,575 | -€69,737 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,687 | €1,412 | -€276 | -16.3% |
| Other operating charges | 640/8 | €5,873 | €942 | -€4,931 | -84.0% |
| Gross operating margin | 9900 | €100,027 | €44,073 | -€55,954 | -55.9% |
| Operating profit (loss) | 9901 | -€11,846 | €7,145 | +€18,990 | |
| Financial income | 75/76B | €609 | €153 | -€456 | -74.9% |
| Recurring financial income | 75 | €609 | €153 | -€456 | -74.9% |
| Financial charges | 65/66B | €516 | €711 | +€195 | +37.8% |
| Recurring financial charges | 65 | €516 | €711 | +€195 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | -€11,752 | €6,587 | +€18,339 | |
| Income taxes | 67/77 | -€368 | €2,840 | +€3,208 | |
| Profit (loss) for the period | 9904 | -€11,384 | €3,747 | +€15,131 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,384 | €3,747 | +€15,131 |
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 22 October 2026 via checked.be.