Acta Verba: 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 Verba
Largest movements
- Cash +€12,720
up €12,720 (+38.9%), from €32,686 to €45,406
mainly Other debts (+€32,123) and Net result for the year (+€22,538)
- Receivables within one year +€11,534
up €11,534 (+494.8%), from €2,331 to €13,866
of which Trade receivables: +€11,866
- Tangible fixed assets -€2,029
down €2,029 (-43.4%), from €4,671 to €2,642
- Deferred charges and accrued income +€729
up €729 (+116.2%), from €627 to €1,357
- Other debts +€32,123
up €32,123 (+1066.5%), from €3,012 to €35,135
- Reserves -€11,327
down €11,327 (-46.4%), from €24,408 to €13,081
- Tax, wage and social debts +€2,371
up €2,371 (+41.8%), from €5,675 to €8,046
- Gross operating margin +€12,313
up €12,313 (+51.0%), from €24,134 to €36,447
- Taxes +€2,834
up €2,834 (+64.7%), from €4,383 to €7,217
- Financial charges -€631
down €631 (-13.8%), from €4,578 to €3,947
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 | €40,316 | €63,271 | +€22,955 | +56.9% |
| Fixed assets | 21/28 | €4,671 | €2,642 | -€2,029 | -43.4% |
| Tangible fixed assets | 22/27 | €4,671 | €2,642 | -€2,029 | -43.4% |
| Furniture and vehicles | 24 | €4,671 | €2,642 | -€2,029 | -43.4% |
| Current assets | 29/58 | €35,645 | €60,628 | +€24,984 | +70.1% |
| Amounts receivable within one year | 40/41 | €2,331 | €13,866 | +€11,534 | +494.8% |
| Trade receivables | 40 | €714 | €12,580 | +€11,866 | +1662.3% |
| Other amounts receivable | 41 | €1,617 | €1,286 | -€332 | -20.5% |
| Cash at bank and in hand | 54/58 | €32,686 | €45,406 | +€12,720 | +38.9% |
| Deferred charges and accrued income | 490/1 | €627 | €1,357 | +€729 | +116.2% |
| Total equity and liabilities | 10/49 | €40,316 | €63,271 | +€22,955 | +56.9% |
| Equity | 10/15 | €29,408 | €18,081 | -€11,327 | -38.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,408 | €13,081 | -€11,327 | -46.4% |
| Distributable reserves | 133 | €24,408 | €13,081 | -€11,327 | -46.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,908 | €45,190 | +€34,282 | +314.3% |
| Amounts payable within one year | 42/48 | €10,908 | €45,190 | +€34,282 | +314.3% |
| Trade debts | 44 | €2,221 | €2,009 | -€212 | -9.5% |
| Suppliers | 440/4 | €2,221 | €2,009 | -€212 | -9.5% |
| Taxes, remuneration and social security | 45 | €5,675 | €8,046 | +€2,371 | +41.8% |
| Taxes | 450/3 | €5,675 | €8,046 | +€2,371 | +41.8% |
| Other amounts payable | 47/48 | €3,012 | €35,135 | +€32,123 | +1066.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,336 | €2,029 | -€307 | -13.1% |
| Other operating charges | 640/8 | €785 | €716 | -€69 | -8.7% |
| Gross operating margin | 9900 | €24,134 | €36,447 | +€12,313 | +51.0% |
| Operating profit (loss) | 9901 | €21,014 | €33,702 | +€12,689 | +60.4% |
| Financial income | 75/76B | €133 | €0 | -€133 | -99.9% |
| Recurring financial income | 75 | €133 | €0 | -€133 | -99.9% |
| Financial charges | 65/66B | €4,578 | €3,947 | -€631 | -13.8% |
| Recurring financial charges | 65 | €4,578 | €3,947 | -€631 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €16,569 | €29,755 | +€13,187 | +79.6% |
| Income taxes | 67/77 | €4,383 | €7,217 | +€2,834 | +64.7% |
| Profit (loss) for the period | 9904 | €12,186 | €22,538 | +€10,352 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,186 | €22,538 | +€10,352 | +85.0% |
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 30 September 2026 via checked.be.