ACTE VI: 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.
ACTE VI
Largest movements
- Receivables within one year +€188,000
new in 2025: €188,000
- Tangible fixed assets -€73,296
down €73,296 (-18.6%), from €393,660 to €320,364
- Profit (loss) carried forward +€68,072
up €68,072 (+52.6%), from -€129,427 to -€61,355
- Accrued charges and deferred income +€67,323
up €67,323 (+66.5%), from €101,205 to €168,528
- Debts after one year -€19,252
down €19,252 (-4.8%), from €401,878 to €382,626
- Gross operating margin +€94,519
up €94,519 (+1357.0%), from €6,965 to €101,484
- Taxes -€10,357
no longer reported in 2025 (was €10,357)
- Other operating charges +€4,762
up €4,762 (+1561.3%), from €305 to €5,067
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 | €393,864 | €508,398 | +€114,534 | +29.1% |
| Fixed assets | 21/28 | €393,660 | €320,364 | -€73,296 | -18.6% |
| Tangible fixed assets | 22/27 | €393,660 | €320,364 | -€73,296 | -18.6% |
| Land and buildings | 22 | €393,660 | €320,364 | -€73,296 | -18.6% |
| Current assets | 29/58 | €204 | €188,034 | +€187,830 | +91893.2% |
| Amounts receivable within one year | 40/41 | - | €188,000 | +€188,000 | |
| Trade receivables | 40 | - | €188,000 | +€188,000 | |
| Cash at bank and in hand | 54/58 | €204 | €34 | -€170 | -83.3% |
| Total equity and liabilities | 10/49 | €393,864 | €508,398 | +€114,534 | +29.1% |
| Equity | 10/15 | -€110,827 | -€42,755 | +€68,072 | +61.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,427 | -€61,355 | +€68,072 | +52.6% |
| Amounts payable | 17/49 | €504,692 | €551,153 | +€46,462 | +9.2% |
| Amounts payable after more than one year | 17 | €401,878 | €382,626 | -€19,252 | -4.8% |
| Financial debts | 170/4 | €401,878 | €382,626 | -€19,252 | -4.8% |
| Amounts payable within one year | 42/48 | €1,609 | - | -€1,609 | |
| Trade debts | 44 | €1,609 | - | -€1,609 | |
| Suppliers | 440/4 | €1,609 | - | -€1,609 | |
| Accrued charges and deferred income | 492/3 | €101,205 | €168,528 | +€67,323 | +66.5% |
| Non-recurring operating income | 76A | - | €89,716 | +€89,716 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,720 | €9,720 | = | 0.0% |
| Other operating charges | 640/8 | €305 | €5,067 | +€4,762 | +1561.3% |
| Gross operating margin | 9900 | €6,965 | €101,484 | +€94,519 | +1357.0% |
| Operating profit (loss) | 9901 | -€3,060 | €86,697 | +€89,756 | |
| Financial charges | 65/66B | €19,195 | €18,624 | -€571 | -3.0% |
| Recurring financial charges | 65 | €19,195 | €18,624 | -€571 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€22,255 | €68,072 | +€90,327 | |
| Income taxes | 67/77 | €10,357 | - | -€10,357 | |
| Profit (loss) for the period | 9904 | -€32,612 | €68,072 | +€100,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,612 | €68,072 | +€100,684 |
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 7 October 2026 via checked.be.