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
- Receivables within one year -€244,420
down €244,420 (-82.9%), from €294,664 to €50,244
of which Trade receivables: -€276,510
- Cash +€213,738
up €213,738 (+75.5%), from €283,133 to €496,871
mainly Receivables within one year (+€244,420) and Net result for the year (+€134,021)
- Other debts +€121,597
up €121,597 (+105.5%), from €115,256 to €236,853
- Reserves -€119,000
down €119,000 (-14.3%), from €831,577 to €712,577
of which Distributable reserves: -€119,000
- Tax, wage and social debts -€33,415
down €33,415 (-16.9%), from €198,147 to €164,732
of which Taxes: -€33,815
- Gross operating margin -€449,278
down €449,278 (-69.2%), from €649,673 to €200,395
- Taxes -€147,138
down €147,138 (-69.6%), from €211,351 to €64,213
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 | €1,389,195 | €1,358,400 | -€30,794 | -2.2% |
| Fixed assets | 21/28 | €810,770 | €810,615 | -€155 | 0.0% |
| Tangible fixed assets | 22/27 | €155 | - | -€155 | |
| Furniture and vehicles | 24 | €155 | - | -€155 | |
| Financial fixed assets | 28 | €810,615 | €810,615 | = | 0.0% |
| Current assets | 29/58 | €578,424 | €547,785 | -€30,639 | -5.3% |
| Amounts receivable within one year | 40/41 | €294,664 | €50,244 | -€244,420 | -82.9% |
| Trade receivables | 40 | €294,660 | €18,150 | -€276,510 | -93.8% |
| Other amounts receivable | 41 | €4 | €32,094 | +€32,090 | +721116.0% |
| Cash at bank and in hand | 54/58 | €283,133 | €496,871 | +€213,738 | +75.5% |
| Deferred charges and accrued income | 490/1 | €626 | €670 | +€43 | +6.9% |
| Total equity and liabilities | 10/49 | €1,389,195 | €1,358,400 | -€30,794 | -2.2% |
| Equity | 10/15 | €1,073,629 | €955,149 | -€118,479 | -11.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €831,577 | €712,577 | -€119,000 | -14.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,278 | €10,278 | = | 0.0% |
| Distributable reserves | 133 | €819,439 | €700,439 | -€119,000 | -14.5% |
| Profit (loss) carried forward | 14 | €229,652 | €230,172 | +€521 | +0.2% |
| Amounts payable | 17/49 | €315,566 | €403,251 | +€87,685 | +27.8% |
| Amounts payable within one year | 42/48 | €315,566 | €403,251 | +€87,685 | +27.8% |
| Trade debts | 44 | €2,163 | €1,666 | -€496 | -22.9% |
| Suppliers | 440/4 | €2,163 | €1,666 | -€496 | -22.9% |
| Taxes, remuneration and social security | 45 | €198,147 | €164,732 | -€33,415 | -16.9% |
| Taxes | 450/3 | €195,670 | €161,855 | -€33,815 | -17.3% |
| Remuneration and social security | 454/9 | €2,477 | €2,877 | +€400 | +16.1% |
| Other amounts payable | 47/48 | €115,256 | €236,853 | +€121,597 | +105.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €155 | -€231 | -59.8% |
| Other operating charges | 640/8 | €1,377 | €1,126 | -€250 | -18.2% |
| Gross operating margin | 9900 | €649,673 | €200,395 | -€449,278 | -69.2% |
| Operating profit (loss) | 9901 | €647,910 | €199,113 | -€448,797 | -69.3% |
| Financial income | 75/76B | €6,391 | €1,321 | -€5,070 | -79.3% |
| Recurring financial income | 75 | €260 | €1,321 | +€1,061 | +408.2% |
| Non-recurring financial income | 76B | €6,131 | - | -€6,131 | |
| Financial charges | 65/66B | €2,788 | €2,201 | -€587 | -21.1% |
| Recurring financial charges | 65 | €2,788 | €2,201 | -€587 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €651,513 | €198,233 | -€453,280 | -69.6% |
| Income taxes | 67/77 | €211,351 | €64,213 | -€147,138 | -69.6% |
| Profit (loss) for the period | 9904 | €440,162 | €134,021 | -€306,142 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €440,162 | €134,021 | -€306,142 | -69.6% |
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.