ACTAVERA: 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.
ACTAVERA
Largest movements
- Cash -€48,459
down €48,459 (-21.8%), from €222,641 to €174,182
mainly Contributions, distributions and other (-€127,000) and Debts after one year (-€63,333)
- Tangible fixed assets -€40,267
down €40,267 (-5.4%), from €747,994 to €707,727
of which Land and buildings: -€34,368
- Debts after one year -€63,333
down €63,333 (-40.2%), from €157,500 to €94,166
- Other debts -€36,747
down €36,747 (-47.6%), from €77,238 to €40,491
- Gross operating margin -€13,326
down €13,326 (-5.1%), from €260,397 to €247,070
- Taxes -€3,627
down €3,627 (-6.1%), from €59,813 to €56,186
- Financial charges -€2,843
down €2,843 (-20.2%), from €14,060 to €11,217
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 | €1,009,209 | €915,469 | -€93,739 | -9.3% |
| Fixed assets | 21/28 | €747,994 | €707,727 | -€40,267 | -5.4% |
| Tangible fixed assets | 22/27 | €747,994 | €707,727 | -€40,267 | -5.4% |
| Land and buildings | 22 | €716,279 | €681,911 | -€34,368 | -4.8% |
| Furniture and vehicles | 24 | €15,345 | €11,990 | -€3,355 | -21.9% |
| Other tangible fixed assets | 26 | €16,370 | €13,826 | -€2,544 | -15.5% |
| Current assets | 29/58 | €261,215 | €207,742 | -€53,473 | -20.5% |
| Amounts receivable within one year | 40/41 | €32,291 | €25,163 | -€7,128 | -22.1% |
| Other amounts receivable | 41 | €32,291 | €25,163 | -€7,128 | -22.1% |
| Cash at bank and in hand | 54/58 | €222,641 | €174,182 | -€48,459 | -21.8% |
| Deferred charges and accrued income | 490/1 | €6,282 | €8,397 | +€2,115 | +33.7% |
| Total equity and liabilities | 10/49 | €1,009,209 | €915,469 | -€93,739 | -9.3% |
| Equity | 10/15 | €678,881 | €679,176 | +€296 | 0.0% |
| Contributions | 10/11 | €66,300 | €66,300 | = | 0.0% |
| Reserves | 13 | €612,581 | €612,876 | +€296 | 0.0% |
| Distributable reserves | 133 | €612,581 | €612,876 | +€296 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €330,328 | €236,293 | -€94,035 | -28.5% |
| Amounts payable after more than one year | 17 | €157,500 | €94,166 | -€63,333 | -40.2% |
| Financial debts | 170/4 | €157,500 | €94,166 | -€63,333 | -40.2% |
| Amounts payable within one year | 42/48 | €164,615 | €137,637 | -€26,979 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €63,333 | €63,333 | = | 0.0% |
| Trade debts | 44 | €9,441 | €11,291 | +€1,850 | +19.6% |
| Suppliers | 440/4 | €9,441 | €11,291 | +€1,850 | +19.6% |
| Taxes, remuneration and social security | 45 | €14,603 | €22,521 | +€7,919 | +54.2% |
| Taxes | 450/3 | €14,603 | €22,521 | +€7,919 | +54.2% |
| Other amounts payable | 47/48 | €77,238 | €40,491 | -€36,747 | -47.6% |
| Accrued charges and deferred income | 492/3 | €8,213 | €4,490 | -€3,723 | -45.3% |
| Non-recurring operating income | 76A | €10,711 | €0 | -€10,711 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,886 | €41,175 | +€2,289 | +5.9% |
| Other operating charges | 640/8 | €12,672 | €13,562 | +€889 | +7.0% |
| Gross operating margin | 9900 | €260,397 | €247,070 | -€13,326 | -5.1% |
| Operating profit (loss) | 9901 | €208,839 | €192,334 | -€16,505 | -7.9% |
| Financial income | 75/76B | €2,344 | €2,365 | +€21 | +0.9% |
| Recurring financial income | 75 | €2,344 | €2,365 | +€21 | +0.9% |
| Financial charges | 65/66B | €14,060 | €11,217 | -€2,843 | -20.2% |
| Recurring financial charges | 65 | €14,060 | €11,217 | -€2,843 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €197,123 | €183,482 | -€13,641 | -6.9% |
| Income taxes | 67/77 | €59,813 | €56,186 | -€3,627 | -6.1% |
| Profit (loss) for the period | 9904 | €137,310 | €127,296 | -€10,014 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €137,310 | €127,296 | -€10,014 | -7.3% |
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.