ACT1420: 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.
ACT1420
Largest movements
- Tangible fixed assets -€19,287
down €19,287 (-11.4%), from €169,298 to €150,011
of which Furniture and vehicles: -€19,183
- Cash -€16,723
down €16,723 (-51.4%), from €32,553 to €15,829
mainly Debts after one year (-€44,370) and Tax, wage and social debts (-€13,633)
- Stocks and contracts -€12,361
down €12,361 (-16.8%), from €73,483 to €61,122
- Intangible fixed assets -€9,547
down €9,547 (-16.2%), from €58,954 to €49,407
- Deferred charges and accrued income +€4,534
up €4,534 (+219.4%), from €2,067 to €6,601
- Debts after one year -€44,370
down €44,370 (-38.3%), from €115,819 to €71,449
- Tax, wage and social debts -€13,633
down €13,633 (-42.6%), from €32,015 to €18,383
of which Remuneration and social security: -€13,603
- Profit (loss) carried forward +€8,350
up €8,350 (+12.9%), from -€64,840 to -€56,490
- Trade debts -€5,577
down €5,577 (-4.6%), from €121,494 to €115,917
- Staff costs -€47,706
down €47,706 (-17.8%), from €268,559 to €220,852
- Gross operating margin -€23,090
down €23,090 (-7.7%), from €299,632 to €276,541
- Depreciation -€7,507
down €7,507 (-16.3%), from €46,194 to €38,687
- Financial charges -€4,093
down €4,093 (-33.7%), from €12,162 to €8,069
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 | €379,870 | €325,101 | -€54,769 | -14.4% |
| Fixed assets | 21/28 | €228,932 | €200,098 | -€28,834 | -12.6% |
| Intangible fixed assets | 21 | €58,954 | €49,407 | -€9,547 | -16.2% |
| Tangible fixed assets | 22/27 | €169,298 | €150,011 | -€19,287 | -11.4% |
| Plant, machinery and equipment | 23 | €2,730 | €1,104 | -€1,626 | -59.5% |
| Furniture and vehicles | 24 | €166,568 | €147,386 | -€19,183 | -11.5% |
| Other tangible fixed assets | 26 | - | €1,521 | +€1,521 | |
| Financial fixed assets | 28 | €680 | €680 | = | 0.0% |
| Current assets | 29/58 | €150,938 | €125,003 | -€25,935 | -17.2% |
| Stocks and contracts in progress | 3 | €73,483 | €61,122 | -€12,361 | -16.8% |
| Stocks | 30/36 | €73,483 | €61,122 | -€12,361 | -16.8% |
| Amounts receivable within one year | 40/41 | €42,835 | €41,451 | -€1,384 | -3.2% |
| Trade receivables | 40 | €5,389 | €2,470 | -€2,919 | -54.2% |
| Other amounts receivable | 41 | €37,446 | €38,980 | +€1,535 | +4.1% |
| Cash at bank and in hand | 54/58 | €32,553 | €15,829 | -€16,723 | -51.4% |
| Deferred charges and accrued income | 490/1 | €2,067 | €6,601 | +€4,534 | +219.4% |
| Total equity and liabilities | 10/49 | €379,870 | €325,101 | -€54,769 | -14.4% |
| Equity | 10/15 | €35,160 | €43,510 | +€8,350 | +23.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,840 | -€56,490 | +€8,350 | +12.9% |
| Amounts payable | 17/49 | €344,710 | €281,591 | -€63,119 | -18.3% |
| Amounts payable after more than one year | 17 | €115,819 | €71,449 | -€44,370 | -38.3% |
| Financial debts | 170/4 | €115,819 | €71,449 | -€44,370 | -38.3% |
| Amounts payable within one year | 42/48 | €228,736 | €210,103 | -€18,633 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €43,794 | €44,370 | +€576 | +1.3% |
| Trade debts | 44 | €121,494 | €115,917 | -€5,577 | -4.6% |
| Suppliers | 440/4 | €121,494 | €115,917 | -€5,577 | -4.6% |
| Taxes, remuneration and social security | 45 | €32,015 | €18,383 | -€13,633 | -42.6% |
| Taxes | 450/3 | €30 | - | -€30 | |
| Remuneration and social security | 454/9 | €31,986 | €18,383 | -€13,603 | -42.5% |
| Other amounts payable | 47/48 | €31,433 | €31,433 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €155 | €39 | -€116 | -74.7% |
| Remuneration, social security and pensions | 62 | €268,559 | €220,852 | -€47,706 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,194 | €38,687 | -€7,507 | -16.3% |
| Other operating charges | 640/8 | €509 | €677 | +€168 | +33.0% |
| Gross operating margin | 9900 | €299,632 | €276,541 | -€23,090 | -7.7% |
| Operating profit (loss) | 9901 | -€15,631 | €16,324 | +€31,955 | |
| Financial income | 75/76B | €107 | €94 | -€13 | -12.0% |
| Recurring financial income | 75 | €107 | €94 | -€13 | -12.0% |
| Financial charges | 65/66B | €12,162 | €8,069 | -€4,093 | -33.7% |
| Recurring financial charges | 65 | €12,162 | €8,069 | -€4,093 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€27,685 | €8,350 | +€36,035 | |
| Profit (loss) for the period | 9904 | -€27,685 | €8,350 | +€36,035 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,685 | €8,350 | +€36,035 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.