ACTENA: 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.
ACTENA
Largest movements
- Cash +€120,933
up €120,933 (+10.5%), from €1.2m to €1.3m
mainly Other debts (+€202,410) and Net result for the year (+€141,800)
- Other debts +€202,410
up €202,410 (+100%), from €201,837 to €404,247
- Reserves -€66,800
down €66,800 (-6.5%), from €1.0m to €962,240
- Gross operating margin -€27,860
down €27,860 (-12.7%), from €220,129 to €192,269
- Taxes -€7,379
down €7,379 (-10.7%), from €68,710 to €61,331
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.
Derived cash bridge
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 | €1,270,176 | €1,387,676 | +€117,500 | +9.3% |
| Fixed assets | 21/28 | €1,850 | €1,218 | -€632 | -34.2% |
| Tangible fixed assets | 22/27 | €1,850 | €1,218 | -€632 | -34.2% |
| Furniture and vehicles | 24 | €1,850 | €1,218 | -€632 | -34.2% |
| Current assets | 29/58 | €1,268,326 | €1,386,458 | +€118,132 | +9.3% |
| Stocks and contracts in progress | 3 | €80,000 | €80,000 | = | 0.0% |
| Contracts in progress | 37 | €80,000 | €80,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,666 | €26,709 | +€43 | +0.2% |
| Trade receivables | 40 | €26,621 | €26,621 | = | 0.0% |
| Other amounts receivable | 41 | €45 | €88 | +€43 | +95.6% |
| Cash at bank and in hand | 54/58 | €1,155,483 | €1,276,416 | +€120,933 | +10.5% |
| Deferred charges and accrued income | 490/1 | €6,177 | €3,333 | -€2,844 | -46.0% |
| Total equity and liabilities | 10/49 | €1,270,176 | €1,387,676 | +€117,500 | +9.3% |
| Equity | 10/15 | €1,039,102 | €972,302 | -€66,800 | -6.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,029,040 | €962,240 | -€66,800 | -6.5% |
| Distributable reserves | 133 | €1,029,040 | €962,240 | -€66,800 | -6.5% |
| Profit (loss) carried forward | 14 | €3,862 | €3,862 | = | 0.0% |
| Amounts payable | 17/49 | €231,074 | €415,374 | +€184,300 | +79.8% |
| Amounts payable within one year | 42/48 | €230,124 | €414,424 | +€184,300 | +80.1% |
| Trade debts | 44 | €9,032 | €1,969 | -€7,063 | -78.2% |
| Suppliers | 440/4 | €9,032 | €1,969 | -€7,063 | -78.2% |
| Taxes, remuneration and social security | 45 | €19,255 | €8,208 | -€11,047 | -57.4% |
| Taxes | 450/3 | €19,255 | €8,208 | -€11,047 | -57.4% |
| Other amounts payable | 47/48 | €201,837 | €404,247 | +€202,410 | +100% |
| Accrued charges and deferred income | 492/3 | €950 | €950 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €310 | €632 | +€322 | +104% |
| Other operating charges | 640/8 | €1,902 | €1,598 | -€304 | -16.0% |
| Gross operating margin | 9900 | €220,129 | €192,269 | -€27,860 | -12.7% |
| Operating profit (loss) | 9901 | €217,917 | €190,039 | -€27,878 | -12.8% |
| Financial income | 75/76B | €13,143 | €15,323 | +€2,180 | +16.6% |
| Recurring financial income | 75 | €13,143 | €15,323 | +€2,180 | +16.6% |
| Financial charges | 65/66B | €2,350 | €2,231 | -€119 | -5.1% |
| Recurring financial charges | 65 | €2,350 | €2,231 | -€119 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €228,710 | €203,131 | -€25,579 | -11.2% |
| Income taxes | 67/77 | €68,710 | €61,331 | -€7,379 | -10.7% |
| Profit (loss) for the period | 9904 | €160,000 | €141,800 | -€18,200 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €160,000 | €141,800 | -€18,200 | -11.4% |
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 22 October 2026 via checked.be.