ACT Invest: 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 Invest
Largest movements
- Receivables within one year -€7,260
no longer reported in 2025 (was €7,260)
- Reserves +€60,000
up €60,000 (+20.0%), from €300,000 to €360,000
- Debts after one year -€29,279
down €29,279 (-15.5%), from €188,983 to €159,704
- Other debts -€28,972
down €28,972 (-19.3%), from €150,228 to €121,256
- Tax, wage and social debts -€12,549
down €12,549 (-57.0%), from €22,016 to €9,467
- Financial income -€250,000
down €250,000 (-83.3%), from €300,000 to €50,000
- Gross operating margin -€9,585
down €9,585 (-28.8%), from €33,257 to €23,672
- Financial charges -€7,290
down €7,290 (-33.6%), from €21,724 to €14,434
- Depreciation -€1,193
down €1,193 (-91.5%), from €1,304 to €111
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 | €709,409 | €704,376 | -€5,033 | -0.7% |
| Fixed assets | 21/28 | €700,000 | €700,695 | +€695 | +0.1% |
| Tangible fixed assets | 22/27 | - | €695 | +€695 | |
| Furniture and vehicles | 24 | - | €695 | +€695 | |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €9,409 | €3,681 | -€5,728 | -60.9% |
| Amounts receivable within one year | 40/41 | €7,260 | - | -€7,260 | |
| Trade receivables | 40 | €7,260 | - | -€7,260 | |
| Cash at bank and in hand | 54/58 | €2,149 | €3,681 | +€1,532 | +71.3% |
| Total equity and liabilities | 10/49 | €709,409 | €704,376 | -€5,033 | -0.7% |
| Equity | 10/15 | €317,566 | €373,961 | +€56,395 | +17.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €300,000 | €360,000 | +€60,000 | +20.0% |
| Distributable reserves | 133 | €300,000 | €360,000 | +€60,000 | +20.0% |
| Profit (loss) carried forward | 14 | €7,566 | €3,961 | -€3,605 | -47.6% |
| Amounts payable | 17/49 | €391,843 | €330,415 | -€61,429 | -15.7% |
| Amounts payable after more than one year | 17 | €188,983 | €159,704 | -€29,279 | -15.5% |
| Financial debts | 170/4 | €188,983 | €159,704 | -€29,279 | -15.5% |
| Amounts payable within one year | 42/48 | €200,784 | €166,385 | -€34,399 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €27,923 | €29,279 | +€1,356 | +4.9% |
| Trade debts | 44 | €617 | €6,383 | +€5,766 | +935% |
| Suppliers | 440/4 | €617 | €6,383 | +€5,766 | +935% |
| Taxes, remuneration and social security | 45 | €22,016 | €9,467 | -€12,549 | -57.0% |
| Taxes | 450/3 | €22,016 | €9,467 | -€12,549 | -57.0% |
| Other amounts payable | 47/48 | €150,228 | €121,256 | -€28,972 | -19.3% |
| Accrued charges and deferred income | 492/3 | €2,076 | €4,325 | +€2,249 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,304 | €111 | -€1,193 | -91.5% |
| Other operating charges | 640/8 | €772 | €1,028 | +€256 | +33.2% |
| Gross operating margin | 9900 | €33,257 | €23,672 | -€9,585 | -28.8% |
| Operating profit (loss) | 9901 | €31,182 | €22,533 | -€8,648 | -27.7% |
| Financial income | 75/76B | €300,000 | €50,000 | -€250,000 | -83.3% |
| Recurring financial income | 75 | €300,000 | €50,000 | -€250,000 | -83.3% |
| Financial charges | 65/66B | €21,724 | €14,434 | -€7,290 | -33.6% |
| Recurring financial charges | 65 | €21,724 | €14,434 | -€7,290 | -33.6% |
| Profit (loss) for the period before taxes | 9903 | €309,457 | €58,099 | -€251,358 | -81.2% |
| Income taxes | 67/77 | €1,891 | €1,704 | -€188 | -9.9% |
| Profit (loss) for the period | 9904 | €307,566 | €56,395 | -€251,170 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €307,566 | €56,395 | -€251,170 | -81.7% |
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 17 October 2026 via checked.be.