act2act: 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.
act2act
Largest movements
- Current investments +€150,000
up €150,000 (+100.0%), from €150,000 to €300,000
- Cash +€33,437
up €33,437 (+19.6%), from €170,913 to €204,350
mainly Net result for the year (+€138,565) and Tax, wage and social debts (+€19,460)
- Receivables within one year -€16,454
down €16,454 (-93.0%), from €17,700 to €1,246
- Tangible fixed assets -€9,993
down €9,993 (-20.0%), from €49,875 to €39,882
of which Furniture and vehicles: -€11,631
- Reserves +€138,565
up €138,565 (+57.1%), from €242,721 to €381,286
- Tax, wage and social debts +€19,460
up €19,460 (+15.5%), from €125,545 to €145,005
- Gross operating margin -€18,549
down €18,549 (-8.1%), from €227,815 to €209,266
- Taxes -€4,862
down €4,862 (-7.3%), from €66,173 to €61,311
- Financial income +€4,249
up €4,249 (+547.6%), from €776 to €5,025
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 | €389,998 | €545,478 | +€155,480 | +39.9% |
| Fixed assets | 21/28 | €49,875 | €39,882 | -€9,993 | -20.0% |
| Tangible fixed assets | 22/27 | €49,875 | €39,882 | -€9,993 | -20.0% |
| Furniture and vehicles | 24 | €47,258 | €35,627 | -€11,631 | -24.6% |
| Other tangible fixed assets | 26 | €2,617 | €4,255 | +€1,638 | +62.6% |
| Current assets | 29/58 | €340,123 | €505,596 | +€165,473 | +48.7% |
| Amounts receivable within one year | 40/41 | €17,700 | €1,246 | -€16,454 | -93.0% |
| Trade receivables | 40 | €17,700 | €1,246 | -€16,454 | -93.0% |
| Current investments | 50/53 | €150,000 | €300,000 | +€150,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €170,913 | €204,350 | +€33,437 | +19.6% |
| Deferred charges and accrued income | 490/1 | €1,510 | - | -€1,510 | |
| Total equity and liabilities | 10/49 | €389,998 | €545,478 | +€155,480 | +39.9% |
| Equity | 10/15 | €247,721 | €386,286 | +€138,565 | +55.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €242,721 | €381,286 | +€138,565 | +57.1% |
| Distributable reserves | 133 | €242,721 | €381,286 | +€138,565 | +57.1% |
| Amounts payable | 17/49 | €142,277 | €159,192 | +€16,915 | +11.9% |
| Amounts payable within one year | 42/48 | €142,277 | €159,192 | +€16,915 | +11.9% |
| Trade debts | 44 | €3,866 | €1,897 | -€1,969 | -50.9% |
| Suppliers | 440/4 | €3,866 | €1,897 | -€1,969 | -50.9% |
| Taxes, remuneration and social security | 45 | €125,545 | €145,005 | +€19,460 | +15.5% |
| Taxes | 450/3 | €125,545 | €145,005 | +€19,460 | +15.5% |
| Other amounts payable | 47/48 | €12,866 | €12,290 | -€576 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,863 | €13,026 | +€1,163 | +9.8% |
| Other operating charges | 640/8 | €1,933 | €1,389 | -€544 | -28.1% |
| Gross operating margin | 9900 | €227,815 | €209,266 | -€18,549 | -8.1% |
| Operating profit (loss) | 9901 | €214,019 | €194,851 | -€19,168 | -9.0% |
| Financial income | 75/76B | €776 | €5,025 | +€4,249 | +547.6% |
| Recurring financial income | 75 | €776 | €5,025 | +€4,249 | +547.6% |
| Profit (loss) for the period before taxes | 9903 | €214,795 | €199,876 | -€14,919 | -6.9% |
| Income taxes | 67/77 | €66,173 | €61,311 | -€4,862 | -7.3% |
| Profit (loss) for the period | 9904 | €148,622 | €138,565 | -€10,057 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €148,622 | €138,565 | -€10,057 | -6.8% |
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 8 October 2026 via checked.be.