ACTAQUANT: 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.
ACTAQUANT
Largest movements
- Cash -€66,432
down €66,432 (-46.9%), from €141,787 to €75,355
mainly Contributions, distributions and other (-€107,776) and Net result for the year (-€43,900)
- Tangible fixed assets -€38,861
down €38,861 (-28.4%), from €137,011 to €98,150
of which Furniture and vehicles: -€31,724
- Receivables within one year -€24,385
down €24,385 (-56.2%), from €43,413 to €19,028
of which Trade receivables: -€27,071
- Current investments +€15,000
new in 2025: €15,000
- Deferred charges and accrued income +€7,413
up €7,413 (+89.0%), from €8,328 to €15,741
- Reserves -€151,676
down €151,676 (-74.6%), from €203,446 to €51,770
of which Distributable reserves: -€151,676
- Other debts +€78,119
up €78,119 (+263.4%), from €29,657 to €107,776
- Debts after one year -€22,047
down €22,047 (-54.1%), from €40,781 to €18,734
- Tax, wage and social debts -€6,811
no longer reported in 2025 (was €6,811)
of which Taxes: -€4,046
- Gross operating margin -€62,387
down €62,387 (-99.4%), from €62,778 to €391
- Taxes -€5,205
down €5,205 (-94.4%), from €5,514 to €309
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,539 | €223,275 | -€107,264 | -32.5% |
| Fixed assets | 21/28 | €137,011 | €98,150 | -€38,861 | -28.4% |
| Tangible fixed assets | 22/27 | €137,011 | €98,150 | -€38,861 | -28.4% |
| Land and buildings | 22 | €33,509 | €32,339 | -€1,170 | -3.5% |
| Plant, machinery and equipment | 23 | €14,266 | €9,326 | -€4,940 | -34.6% |
| Furniture and vehicles | 24 | €87,070 | €55,347 | -€31,724 | -36.4% |
| Other tangible fixed assets | 26 | €2,166 | €1,139 | -€1,027 | -47.4% |
| Current assets | 29/58 | €193,528 | €125,124 | -€68,404 | -35.3% |
| Amounts receivable within one year | 40/41 | €43,413 | €19,028 | -€24,385 | -56.2% |
| Trade receivables | 40 | €30,370 | €3,299 | -€27,071 | -89.1% |
| Other amounts receivable | 41 | €13,043 | €15,729 | +€2,686 | +20.6% |
| Current investments | 50/53 | - | €15,000 | +€15,000 | |
| Cash at bank and in hand | 54/58 | €141,787 | €75,355 | -€66,432 | -46.9% |
| Deferred charges and accrued income | 490/1 | €8,328 | €15,741 | +€7,413 | +89.0% |
| Total equity and liabilities | 10/49 | €330,539 | €223,275 | -€107,264 | -32.5% |
| Equity | 10/15 | €222,046 | €70,370 | -€151,676 | -68.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €203,446 | €51,770 | -€151,676 | -74.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €201,586 | €49,910 | -€151,676 | -75.2% |
| Amounts payable | 17/49 | €108,493 | €152,904 | +€44,411 | +40.9% |
| Amounts payable after more than one year | 17 | €40,781 | €18,734 | -€22,047 | -54.1% |
| Financial debts | 170/4 | €40,781 | €18,734 | -€22,047 | -54.1% |
| Amounts payable within one year | 42/48 | €67,612 | €134,170 | +€66,558 | +98.4% |
| Current portion of amounts payable after more than one year | 42 | €21,582 | €22,047 | +€465 | +2.2% |
| Financial debts | 43 | €3,715 | €523 | -€3,191 | -85.9% |
| Credit institutions | 430/8 | €3,715 | €523 | -€3,191 | -85.9% |
| Trade debts | 44 | €5,848 | €3,825 | -€2,024 | -34.6% |
| Suppliers | 440/4 | €5,848 | €3,825 | -€2,024 | -34.6% |
| Taxes, remuneration and social security | 45 | €6,811 | - | -€6,811 | |
| Taxes | 450/3 | €4,046 | - | -€4,046 | |
| Remuneration and social security | 454/9 | €2,764 | - | -€2,764 | |
| Other amounts payable | 47/48 | €29,657 | €107,776 | +€78,119 | +263.4% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,035 | €42,541 | +€505 | +1.2% |
| Other operating charges | 640/8 | €790 | €986 | +€196 | +24.9% |
| Gross operating margin | 9900 | €62,778 | €391 | -€62,387 | -99.4% |
| Operating profit (loss) | 9901 | €19,953 | -€43,136 | -€63,089 | |
| Financial income | 75/76B | €796 | €1,015 | +€219 | +27.5% |
| Recurring financial income | 75 | €796 | €1,015 | +€219 | +27.5% |
| Financial charges | 65/66B | €1,975 | €1,470 | -€505 | -25.6% |
| Recurring financial charges | 65 | €1,975 | €1,470 | -€505 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €18,774 | -€43,591 | -€62,365 | |
| Income taxes | 67/77 | €5,514 | €309 | -€5,205 | -94.4% |
| Profit (loss) for the period | 9904 | €13,260 | -€43,900 | -€57,159 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,260 | -€43,900 | -€57,159 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.