ACTES: 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.
ACTES
Largest movements
- Intangible fixed assets -€70,209
down €70,209 (-11.9%), from €587,743 to €517,534
- Tangible fixed assets +€59,836
up €59,836 (+109.4%), from €54,714 to €114,549
of which Furniture and vehicles: +€62,465
- Receivables within one year -€54,047
down €54,047 (-6.4%), from €846,949 to €792,901
of which Trade receivables: -€58,072
- Cash -€32,477
down €32,477 (-23.2%), from €140,041 to €107,564
mainly Other debts (-€182,092) and Investment in fixed assets (net) (-€88,745)
- Other debts -€182,092
down €182,092 (-81.8%), from €222,492 to €40,400
- Trade debts +€180,004
up €180,004 (+54.9%), from €327,812 to €507,816
- Tax, wage and social debts -€81,149
down €81,149 (-53.3%), from €152,168 to €71,019
of which Remuneration and social security: -€48,162
- Debts after one year -€47,091
down €47,091 (-14.6%), from €323,328 to €276,236
- Provisions +€43,000
new in 2025: €43,000
- Gross operating margin -€106,358
down €106,358 (-9.4%), from €1.1m to €1.0m
- Provisions +€43,000
new in 2025: €43,000
- Depreciation +€35,967
up €35,967 (+56.8%), from €63,352 to €99,318
- Staff costs +€35,895
up €35,895 (+4.8%), from €751,667 to €787,562
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 | €1,686,913 | €1,604,655 | -€82,259 | -4.9% |
| Fixed assets | 21/28 | €643,172 | €632,599 | -€10,574 | -1.6% |
| Intangible fixed assets | 21 | €587,743 | €517,534 | -€70,209 | -11.9% |
| Tangible fixed assets | 22/27 | €54,714 | €114,549 | +€59,836 | +109.4% |
| Plant, machinery and equipment | 23 | €3,169 | €540 | -€2,629 | -83.0% |
| Furniture and vehicles | 24 | €51,544 | €114,009 | +€62,465 | +121.2% |
| Financial fixed assets | 28 | €715 | €515 | -€200 | -28.0% |
| Current assets | 29/58 | €1,043,741 | €972,056 | -€71,685 | -6.9% |
| Amounts receivable within one year | 40/41 | €846,949 | €792,901 | -€54,047 | -6.4% |
| Trade receivables | 40 | €836,352 | €778,280 | -€58,072 | -6.9% |
| Other amounts receivable | 41 | €10,597 | €14,622 | +€4,025 | +38.0% |
| Cash at bank and in hand | 54/58 | €140,041 | €107,564 | -€32,477 | -23.2% |
| Deferred charges and accrued income | 490/1 | €56,751 | €71,590 | +€14,839 | +26.1% |
| Total equity and liabilities | 10/49 | €1,686,913 | €1,604,655 | -€82,259 | -4.9% |
| Equity | 10/15 | €556,789 | €557,336 | +€547 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €456,000 | €456,000 | = | 0.0% |
| Distributable reserves | 133 | €456,000 | €456,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €789 | €1,336 | +€547 | +69.4% |
| Provisions and deferred taxes | 16 | - | €43,000 | +€43,000 | |
| Provisions for liabilities and charges | 160/5 | - | €43,000 | +€43,000 | |
| Other liabilities and charges | 164/5 | - | €43,000 | +€43,000 | |
| Amounts payable | 17/49 | €1,130,125 | €1,004,319 | -€125,806 | -11.1% |
| Amounts payable after more than one year | 17 | €323,328 | €276,236 | -€47,091 | -14.6% |
| Financial debts | 170/4 | €323,328 | €276,236 | -€47,091 | -14.6% |
| Amounts payable within one year | 42/48 | €806,797 | €712,760 | -€94,037 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €104,325 | €93,525 | -€10,800 | -10.4% |
| Trade debts | 44 | €327,812 | €507,816 | +€180,004 | +54.9% |
| Suppliers | 440/4 | €327,812 | €507,816 | +€180,004 | +54.9% |
| Taxes, remuneration and social security | 45 | €152,168 | €71,019 | -€81,149 | -53.3% |
| Taxes | 450/3 | €43,035 | €10,048 | -€32,987 | -76.7% |
| Remuneration and social security | 454/9 | €109,133 | €60,971 | -€48,162 | -44.1% |
| Other amounts payable | 47/48 | €222,492 | €40,400 | -€182,092 | -81.8% |
| Accrued charges and deferred income | 492/3 | - | €15,323 | +€15,323 | |
| Non-recurring operating income | 76A | €7,000 | €13,022 | +€6,022 | +86.0% |
| Remuneration, social security and pensions | 62 | €751,667 | €787,562 | +€35,895 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,352 | €99,318 | +€35,967 | +56.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,539 | €16,367 | +€828 | +5.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €43,000 | +€43,000 | |
| Other operating charges | 640/8 | €3,042 | €1,776 | -€1,266 | -41.6% |
| Gross operating margin | 9900 | €1,133,630 | €1,027,272 | -€106,358 | -9.4% |
| Operating profit (loss) | 9901 | €300,030 | €79,249 | -€220,781 | -73.6% |
| Financial income | 75/76B | €70 | €1,157 | +€1,087 | +1552.3% |
| Recurring financial income | 75 | €70 | €1,157 | +€1,087 | +1552.3% |
| Financial charges | 65/66B | €12,527 | €9,823 | -€2,704 | -21.6% |
| Recurring financial charges | 65 | €12,527 | €9,823 | -€2,704 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €287,573 | €70,583 | -€216,990 | -75.5% |
| Income taxes | 67/77 | €37,087 | €29,636 | -€7,451 | -20.1% |
| Profit (loss) for the period | 9904 | €250,486 | €40,947 | -€209,539 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | €250,486 | €40,947 | -€209,539 | -83.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.