ACTA: 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.
ACTA
Largest movements
- Current investments +€970,169
up €970,169 (+366.8%), from €264,469 to €1.2m
- Cash -€612,555
down €612,555 (-31.0%), from €2.0m to €1.4m
mainly Current investments (-€970,169) and Contributions, distributions and other (-€208,913)
- Tangible fixed assets -€297,174
down €297,174 (-4.9%), from €6.1m to €5.8m
of which Land and buildings: -€187,430
- Investment grants -€208,913
down €208,913 (-4.1%), from €5.1m to €4.9m
- Profit (loss) carried forward +€153,122
up €153,122 (+4.5%), from €3.4m to €3.6m
- Gross operating margin -€189,749
down €189,749 (-5.4%), from €3.5m to €3.3m
- Staff costs -€77,601
down €77,601 (-2.9%), from €2.7m to €2.6m
- Financial charges +€41,698
up €41,698, from -€12,836 to €28,863
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 | €9,509,970 | €9,503,161 | -€6,808 | -0.1% |
| Fixed assets | 21/28 | €6,054,533 | €5,757,359 | -€297,174 | -4.9% |
| Tangible fixed assets | 22/27 | €6,053,213 | €5,756,039 | -€297,174 | -4.9% |
| Land and buildings | 22 | €4,200,131 | €4,012,701 | -€187,430 | -4.5% |
| Plant, machinery and equipment | 23 | €1,798,190 | €1,695,607 | -€102,583 | -5.7% |
| Furniture and vehicles | 24 | €54,893 | €47,732 | -€7,161 | -13.0% |
| Financial fixed assets | 28 | €1,320 | €1,320 | = | 0.0% |
| Current assets | 29/58 | €3,455,436 | €3,745,802 | +€290,366 | +8.4% |
| Amounts receivable within one year | 40/41 | €1,072,341 | €1,028,282 | -€44,058 | -4.1% |
| Trade receivables | 40 | €1,072,341 | €1,028,282 | -€44,058 | -4.1% |
| Current investments | 50/53 | €264,469 | €1,234,638 | +€970,169 | +366.8% |
| Cash at bank and in hand | 54/58 | €1,978,437 | €1,365,882 | -€612,555 | -31.0% |
| Deferred charges and accrued income | 490/1 | €140,189 | €117,000 | -€23,189 | -16.5% |
| Total equity and liabilities | 10/49 | €9,509,970 | €9,503,161 | -€6,808 | -0.1% |
| Equity | 10/15 | €8,896,497 | €8,840,706 | -€55,791 | -0.6% |
| Reserves | 13 | €420,000 | €420,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,416,050 | €3,569,171 | +€153,122 | +4.5% |
| Investment grants | 15 | €5,060,448 | €4,851,535 | -€208,913 | -4.1% |
| Amounts payable | 17/49 | €613,472 | €662,455 | +€48,983 | +8.0% |
| Amounts payable within one year | 42/48 | €550,178 | €519,967 | -€30,212 | -5.5% |
| Financial debts | 43 | €415 | €4,065 | +€3,650 | +879.7% |
| Credit institutions | 430/8 | €415 | €4,065 | +€3,650 | +879.7% |
| Trade debts | 44 | €126,031 | €80,634 | -€45,397 | -36.0% |
| Suppliers | 440/4 | €126,031 | €80,634 | -€45,397 | -36.0% |
| Taxes, remuneration and social security | 45 | €423,732 | €435,268 | +€11,536 | +2.7% |
| Taxes | 450/3 | €100,495 | €107,523 | +€7,028 | +7.0% |
| Remuneration and social security | 454/9 | €323,237 | €327,744 | +€4,507 | +1.4% |
| Accrued charges and deferred income | 492/3 | €63,294 | €142,489 | +€79,195 | +125.1% |
| Remuneration, social security and pensions | 62 | €2,709,374 | €2,631,773 | -€77,601 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €469,781 | €474,392 | +€4,611 | +1.0% |
| Other operating charges | 640/8 | €34,740 | €16,753 | -€17,988 | -51.8% |
| Non-recurring operating charges | 66A | €0 | €45,316 | +€45,316 | |
| Gross operating margin | 9900 | €3,537,209 | €3,347,460 | -€189,749 | -5.4% |
| Operating profit (loss) | 9901 | €323,314 | €179,226 | -€144,087 | -44.6% |
| Financial income | 75/76B | €26,887 | €3,936 | -€22,951 | -85.4% |
| Recurring financial income | 75 | €26,887 | €3,936 | -€22,951 | -85.4% |
| Financial charges | 65/66B | -€12,836 | €28,863 | +€41,698 | |
| Recurring financial charges | 65 | -€12,836 | €28,863 | +€41,698 | |
| Profit (loss) for the period before taxes | 9903 | €363,037 | €154,300 | -€208,737 | -57.5% |
| Income taxes | 67/77 | €7,939 | €1,178 | -€6,761 | -85.2% |
| Profit (loss) for the period | 9904 | €355,098 | €153,122 | -€201,976 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €355,098 | €153,122 | -€201,976 | -56.9% |
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 1 October 2026 via checked.be.