ACT511: 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.
ACT511
Largest movements
- Tangible fixed assets +€22,719
up €22,719 (+38.0%), from €59,806 to €82,525
of which Furniture and vehicles: +€26,559
- Cash +€13,527
up €13,527 (+357%), from €3,784 to €17,311
mainly Trade debts (+€50,455) and Depreciation (+€19,759)
- Deferred charges and accrued income +€2,063
up €2,063 (+205%), from €1,008 to €3,071
- Trade debts +€50,455
up €50,455 (+2,083%), from €2,423 to €52,878
- Debts after one year -€10,833
down €10,833 (-26.7%), from €40,625 to €29,792
- Profit (loss) carried forward +€8,186
up €8,186 (+403%), from €2,034 to €10,219
- Other debts -€5,989
down €5,989 (-46.6%), from €12,866 to €6,877
- Tax, wage and social debts -€3,956
down €3,956 (-79.3%), from €4,991 to €1,035
- Gross operating margin +€18,805
up €18,805 (+141%), from €13,299 to €32,104
- Other operating charges +€1,068
up €1,068 (+114%), from €936 to €2,004
- Taxes +€692
up €692 (+413%), from €167 to €859
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 | €75,553 | €113,634 | +€38,081 | +50.4% |
| Fixed assets | 21/28 | €59,806 | €82,525 | +€22,719 | +38.0% |
| Tangible fixed assets | 22/27 | €59,806 | €82,525 | +€22,719 | +38.0% |
| Furniture and vehicles | 24 | €39,466 | €66,025 | +€26,559 | +67.3% |
| Other tangible fixed assets | 26 | €20,340 | €16,500 | -€3,840 | -18.9% |
| Current assets | 29/58 | €15,748 | €31,109 | +€15,362 | +97.5% |
| Amounts receivable within one year | 40/41 | €10,955 | €10,728 | -€228 | -2.1% |
| Trade receivables | 40 | €10,955 | €4,725 | -€6,231 | -56.9% |
| Other amounts receivable | 41 | - | €6,003 | +€6,003 | |
| Cash at bank and in hand | 54/58 | €3,784 | €17,311 | +€13,527 | +357% |
| Deferred charges and accrued income | 490/1 | €1,008 | €3,071 | +€2,063 | +205% |
| Total equity and liabilities | 10/49 | €75,553 | €113,634 | +€38,081 | +50.4% |
| Equity | 10/15 | €4,034 | €12,219 | +€8,186 | +203% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,034 | €10,219 | +€8,186 | +403% |
| Amounts payable | 17/49 | €71,520 | €101,415 | +€29,895 | +41.8% |
| Amounts payable after more than one year | 17 | €40,625 | €29,792 | -€10,833 | -26.7% |
| Financial debts | 170/4 | €40,625 | €29,792 | -€10,833 | -26.7% |
| Amounts payable within one year | 42/48 | €30,895 | €71,623 | +€40,728 | +132% |
| Current portion of amounts payable after more than one year | 42 | €10,615 | €10,833 | +€219 | +2.1% |
| Trade debts | 44 | €2,423 | €52,878 | +€50,455 | +2,083% |
| Suppliers | 440/4 | €2,423 | €52,878 | +€50,455 | +2,083% |
| Taxes, remuneration and social security | 45 | €4,991 | €1,035 | -€3,956 | -79.3% |
| Taxes | 450/3 | €4,991 | €1,035 | -€3,956 | -79.3% |
| Other amounts payable | 47/48 | €12,866 | €6,877 | -€5,989 | -46.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,630 | €19,759 | +€129 | +0.7% |
| Other operating charges | 640/8 | €936 | €2,004 | +€1,068 | +114% |
| Gross operating margin | 9900 | €13,299 | €32,104 | +€18,805 | +141% |
| Operating profit (loss) | 9901 | -€7,267 | €10,340 | +€17,607 | |
| Financial income | 75/76B | - | €73 | +€73 | |
| Recurring financial income | 75 | - | €73 | +€73 | |
| Financial charges | 65/66B | €1,631 | €1,368 | -€263 | -16.1% |
| Recurring financial charges | 65 | €1,631 | €1,368 | -€263 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,898 | €9,045 | +€17,943 | |
| Income taxes | 67/77 | €167 | €859 | +€692 | +413% |
| Profit (loss) for the period | 9904 | -€9,065 | €8,186 | +€17,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,065 | €8,186 | +€17,251 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.