ACTAFIN: 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.
ACTAFIN
Largest movements
- Current investments +€35,000
new in 2025: €35,000
- Cash -€29,327
down €29,327 (-75.3%), from €38,967 to €9,639
mainly Current investments (-€35,000) and Investment in fixed assets (net) (-€1,184)
- Receivables within one year -€3,650
no longer reported in 2025 (was €3,650)
of which Trade receivables: -€3,388
- Tangible fixed assets +€810
up €810 (+99.3%), from €815 to €1,625
of which Plant, machinery and equipment: +€958
- Profit (loss) carried forward +€2,002
up €2,002 (+2.0%), from -€99,953 to -€97,951
- Other debts +€1,127
up €1,127 (+20.3%), from €5,552 to €6,679
- Gross operating margin -€8,668
down €8,668 (-70.0%), from €12,379 to €3,711
- Financial income -€568
down €568 (-76.3%), from €745 to €176
- Depreciation +€226
up €226 (+152.7%), from €148 to €374
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 | €43,638 | €46,653 | +€3,015 | +6.9% |
| Fixed assets | 21/28 | €815 | €1,625 | +€810 | +99.3% |
| Tangible fixed assets | 22/27 | €815 | €1,625 | +€810 | +99.3% |
| Plant, machinery and equipment | 23 | - | €958 | +€958 | |
| Other tangible fixed assets | 26 | €815 | €667 | -€148 | -18.2% |
| Current assets | 29/58 | €42,823 | €45,029 | +€2,206 | +5.2% |
| Amounts receivable within one year | 40/41 | €3,650 | - | -€3,650 | |
| Trade receivables | 40 | €3,388 | - | -€3,388 | |
| Other amounts receivable | 41 | €262 | - | -€262 | |
| Current investments | 50/53 | - | €35,000 | +€35,000 | |
| Cash at bank and in hand | 54/58 | €38,967 | €9,639 | -€29,327 | -75.3% |
| Deferred charges and accrued income | 490/1 | €206 | €390 | +€183 | +89.0% |
| Total equity and liabilities | 10/49 | €43,638 | €46,653 | +€3,015 | +6.9% |
| Equity | 10/15 | -€63,003 | -€61,001 | +€2,002 | +3.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €11,950 | €11,950 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,950 | €11,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,953 | -€97,951 | +€2,002 | +2.0% |
| Amounts payable | 17/49 | €106,641 | €107,654 | +€1,013 | +1.0% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,641 | €7,654 | +€1,013 | +15.3% |
| Trade debts | 44 | €201 | €306 | +€105 | +52.0% |
| Suppliers | 440/4 | €201 | €306 | +€105 | +52.0% |
| Taxes, remuneration and social security | 45 | €888 | €669 | -€218 | -24.6% |
| Taxes | 450/3 | €888 | €669 | -€218 | -24.6% |
| Other amounts payable | 47/48 | €5,552 | €6,679 | +€1,127 | +20.3% |
| Non-recurring operating income | 76A | €1,371 | - | -€1,371 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148 | €374 | +€226 | +152.7% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | €12,379 | €3,711 | -€8,668 | -70.0% |
| Operating profit (loss) | 9901 | €12,105 | €3,209 | -€8,896 | -73.5% |
| Financial income | 75/76B | €745 | €176 | -€568 | -76.3% |
| Recurring financial income | 75 | €745 | €176 | -€568 | -76.3% |
| Financial charges | 65/66B | €1,374 | €1,383 | +€9 | +0.6% |
| Recurring financial charges | 65 | €1,374 | €1,383 | +€9 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €11,475 | €2,002 | -€9,473 | -82.6% |
| Profit (loss) for the period | 9904 | €11,475 | €2,002 | -€9,473 | -82.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,475 | €2,002 | -€9,473 | -82.6% |
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 3 October 2026 via checked.be.