ACT Projects: 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 Projects
Largest movements
- Receivables within one year +€3,051
up €3,051 (+427%), from €714 to €3,765
of which Other amounts receivable: +€3,054
- Other debts +€42,174
up €42,174 (+1,757%), from €2,400 to €44,574
- Debts after one year -€39,960
down €39,960 (-53.1%), from €75,210 to €35,250
- Reserves +€34,100
up €34,100 (+38.4%), from €88,800 to €122,900
- Trade debts -€28,138
down €28,138 (-98.0%), from €28,703 to €565
- Tax, wage and social debts -€4,417
down €4,417 (-35.5%), from €12,431 to €8,014
- Gross operating margin +€16,558
up €16,558, from -€4,581 to €11,977
- Financial income +€13,039
up €13,039 (+65.2%), from €20,002 to €33,040
- Taxes +€5,278
up €5,278 (+435%), from €1,213 to €6,491
- Other operating charges -€643
down €643 (-45.5%), from €1,411 to €769
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 | €259,027 | €263,977 | +€4,951 | +1.9% |
| Fixed assets | 21/28 | €250,570 | €252,120 | +€1,551 | +0.6% |
| Tangible fixed assets | 22/27 | €570 | €2,120 | +€1,551 | +272% |
| Plant, machinery and equipment | 23 | - | €1,169 | +€1,169 | |
| Furniture and vehicles | 24 | €570 | €952 | +€382 | +67.1% |
| Financial fixed assets | 28 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €8,457 | €11,857 | +€3,400 | +40.2% |
| Amounts receivable within one year | 40/41 | €714 | €3,765 | +€3,051 | +427% |
| Trade receivables | 40 | €714 | €710 | -€4 | -0.5% |
| Other amounts receivable | 41 | - | €3,054 | +€3,054 | |
| Cash at bank and in hand | 54/58 | €7,743 | €7,381 | -€362 | -4.7% |
| Deferred charges and accrued income | 490/1 | - | €711 | +€711 | |
| Total equity and liabilities | 10/49 | €259,027 | €263,977 | +€4,951 | +1.9% |
| Equity | 10/15 | €94,562 | €128,685 | +€34,123 | +36.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €88,800 | €122,900 | +€34,100 | +38.4% |
| Distributable reserves | 133 | €88,800 | €122,900 | +€34,100 | +38.4% |
| Profit (loss) carried forward | 14 | €762 | €785 | +€23 | +3.0% |
| Amounts payable | 17/49 | €164,465 | €135,292 | -€29,173 | -17.7% |
| Amounts payable after more than one year | 17 | €75,210 | €35,250 | -€39,960 | -53.1% |
| Financial debts | 170/4 | €75,210 | €35,250 | -€39,960 | -53.1% |
| Amounts payable within one year | 42/48 | €82,726 | €93,113 | +€10,387 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €39,192 | €39,960 | +€767 | +2.0% |
| Trade debts | 44 | €28,703 | €565 | -€28,138 | -98.0% |
| Suppliers | 440/4 | €28,703 | €565 | -€28,138 | -98.0% |
| Taxes, remuneration and social security | 45 | €12,431 | €8,014 | -€4,417 | -35.5% |
| Taxes | 450/3 | €12,431 | €8,014 | -€4,417 | -35.5% |
| Other amounts payable | 47/48 | €2,400 | €44,574 | +€42,174 | +1,757% |
| Accrued charges and deferred income | 492/3 | €6,529 | €6,929 | +€400 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €476 | €450 | -€26 | -5.5% |
| Other operating charges | 640/8 | €1,411 | €769 | -€643 | -45.5% |
| Gross operating margin | 9900 | -€4,581 | €11,977 | +€16,558 | |
| Operating profit (loss) | 9901 | -€6,468 | €10,758 | +€17,226 | |
| Financial income | 75/76B | €20,002 | €33,040 | +€13,039 | +65.2% |
| Recurring financial income | 75 | €20,002 | €33,040 | +€13,039 | +65.2% |
| Financial charges | 65/66B | €3,136 | €3,185 | +€48 | +1.5% |
| Recurring financial charges | 65 | €3,136 | €3,185 | +€48 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €10,397 | €40,614 | +€30,217 | +291% |
| Income taxes | 67/77 | €1,213 | €6,491 | +€5,278 | +435% |
| Profit (loss) for the period | 9904 | €9,184 | €34,123 | +€24,939 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €9,184 | €34,123 | +€24,939 | +272% |
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.