ACTEO SOLUTIONS: 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.
ACTEO SOLUTIONS
Largest movements
- Receivables within one year -€149,805
down €149,805 (-45.0%), from €333,146 to €183,341
of which Other amounts receivable: -€161,139
- Cash +€90,160
up €90,160 (+1,034%), from €8,717 to €98,878
mainly Receivables within one year (+€149,805) and Depreciation (+€41,644)
- Tangible fixed assets +€42,947
up €42,947 (+13.6%), from €314,840 to €357,787
of which Land and buildings: +€46,458
- Deferred charges and accrued income -€29,655
down €29,655 (-82.3%), from €36,028 to €6,373
- Profit (loss) carried forward -€39,242
down €39,242 (-17.6%), from €223,356 to €184,114
- Trade debts -€14,196
down €14,196 (-86.0%), from €16,501 to €2,306
- Other debts +€11,050
up €11,050 (+3,286%), from €336 to €11,386
- Financial income +€12,077
up €12,077 (+483%), from €2,502 to €14,579
of which Non-recurring financial income: +€14,437
- Gross operating margin -€9,599
down €9,599 (-42.7%), from €22,488 to €12,889
- Other operating charges -€2,026
down €2,026 (-21.3%), from €9,496 to €7,469
- Financial charges +€1,599
up €1,599 (+296%), from €540 to €2,139
- Depreciation +€293
up €293 (+0.7%), from €41,351 to €41,644
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 | €727,732 | €682,879 | -€44,853 | -6.2% |
| Fixed assets | 21/28 | €349,840 | €394,287 | +€44,447 | +12.7% |
| Tangible fixed assets | 22/27 | €314,840 | €357,787 | +€42,947 | +13.6% |
| Land and buildings | 22 | €248,807 | €295,265 | +€46,458 | +18.7% |
| Plant, machinery and equipment | 23 | €5,495 | €4,723 | -€772 | -14.1% |
| Furniture and vehicles | 24 | €60,538 | €57,799 | -€2,738 | -4.5% |
| Financial fixed assets | 28 | €35,000 | €36,500 | +€1,500 | +4.3% |
| Current assets | 29/58 | €377,892 | €288,592 | -€89,300 | -23.6% |
| Amounts receivable within one year | 40/41 | €333,146 | €183,341 | -€149,805 | -45.0% |
| Trade receivables | 40 | €28,977 | €40,311 | +€11,334 | +39.1% |
| Other amounts receivable | 41 | €304,169 | €143,030 | -€161,139 | -53.0% |
| Cash at bank and in hand | 54/58 | €8,717 | €98,878 | +€90,160 | +1,034% |
| Deferred charges and accrued income | 490/1 | €36,028 | €6,373 | -€29,655 | -82.3% |
| Total equity and liabilities | 10/49 | €727,732 | €682,879 | -€44,853 | -6.2% |
| Equity | 10/15 | €707,635 | €668,393 | -€39,242 | -5.5% |
| Contributions | 10/11 | €137,286 | €137,286 | = | 0.0% |
| Capital | 10 | €137,286 | €137,286 | = | 0.0% |
| Issued capital | 100 | €137,286 | €137,286 | = | 0.0% |
| Reserves | 13 | €346,993 | €346,993 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,556 | €2,159 | -€14,396 | -87.0% |
| Legal reserve | 130 | €2,159 | €2,159 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,396 | - | -€14,396 | |
| Tax-exempt reserves | 132 | €9,873 | €9,873 | = | 0.0% |
| Distributable reserves | 133 | €320,564 | €334,961 | +€14,396 | +4.5% |
| Profit (loss) carried forward | 14 | €223,356 | €184,114 | -€39,242 | -17.6% |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €20,097 | €14,486 | -€5,611 | -27.9% |
| Amounts payable within one year | 42/48 | €19,119 | €14,486 | -€4,633 | -24.2% |
| Trade debts | 44 | €16,501 | €2,306 | -€14,196 | -86.0% |
| Suppliers | 440/4 | €16,501 | €2,306 | -€14,196 | -86.0% |
| Taxes, remuneration and social security | 45 | €2,281 | €794 | -€1,488 | -65.2% |
| Taxes | 450/3 | €2,281 | €794 | -€1,488 | -65.2% |
| Other amounts payable | 47/48 | €336 | €11,386 | +€11,050 | +3,286% |
| Accrued charges and deferred income | 492/3 | €978 | - | -€978 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,351 | €41,644 | +€293 | +0.7% |
| Other operating charges | 640/8 | €9,496 | €7,469 | -€2,026 | -21.3% |
| Non-recurring operating charges | 66A | - | €14,929 | +€14,929 | |
| Gross operating margin | 9900 | €22,488 | €12,889 | -€9,599 | -42.7% |
| Operating profit (loss) | 9901 | -€28,359 | -€51,153 | -€22,794 | -80.4% |
| Financial income | 75/76B | €2,502 | €14,579 | +€12,077 | +483% |
| Recurring financial income | 75 | €2,502 | €141 | -€2,361 | -94.4% |
| Non-recurring financial income | 76B | - | €14,437 | +€14,437 | |
| Financial charges | 65/66B | €540 | €2,139 | +€1,599 | +296% |
| Recurring financial charges | 65 | €540 | €2,139 | +€1,599 | +296% |
| Profit (loss) for the period before taxes | 9903 | -€26,397 | -€38,713 | -€12,316 | -46.7% |
| Income taxes | 67/77 | €664 | €529 | -€136 | -20.4% |
| Profit (loss) for the period | 9904 | -€27,061 | -€39,242 | -€12,181 | -45.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,061 | -€39,242 | -€12,181 | -45.0% |
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 17 October 2026 via checked.be.