ACTESIA: 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.
ACTESIA
Largest movements
- Cash +€143,419
up €143,419 (+133.4%), from €107,473 to €250,892
mainly Trade debts (+€114,691) and Net result for the year (+€24,673)
- Intangible fixed assets -€10,003
down €10,003 (-19.0%), from €52,762 to €42,759
- Tangible fixed assets -€7,958
down €7,958 (-71.8%), from €11,085 to €3,127
- Receivables within one year +€4,228
up €4,228 (+21.4%), from €19,779 to €24,007
of which Other amounts receivable: +€4,079
- Trade debts +€114,691
up €114,691 (+99.4%), from €115,420 to €230,110
- Profit (loss) carried forward +€14,673
up €14,673 (+263.0%), from €5,579 to €20,251
- Reserves +€10,000
up €10,000 (+250.0%), from €4,000 to €14,000
- Tax, wage and social debts +€9,543
up €9,543 (+485.2%), from €1,967 to €11,510
of which Taxes: +€9,543
- Other debts -€8,362
down €8,362 (-27.1%), from €30,847 to €22,486
- Gross operating margin +€11,123
up €11,123 (+23.1%), from €48,228 to €59,350
- Write-downs -€10,500
down €10,500 (-100.0%), from €10,500 to €0
- Taxes +€4,806
up €4,806 (+92.3%), from €5,206 to €10,012
- Staff costs +€1,376
up €1,376 (+82.3%), from €1,672 to €3,047
- Depreciation -€744
down €744 (-3.8%), from €19,531 to €18,787
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 | €191,900 | €321,104 | +€129,204 | +67.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €63,847 | €45,886 | -€17,961 | -28.1% |
| Intangible fixed assets | 21 | €52,762 | €42,759 | -€10,003 | -19.0% |
| Tangible fixed assets | 22/27 | €11,085 | €3,127 | -€7,958 | -71.8% |
| Furniture and vehicles | 24 | €11,085 | €3,127 | -€7,958 | -71.8% |
| Current assets | 29/58 | €128,053 | €275,218 | +€147,165 | +114.9% |
| Amounts receivable within one year | 40/41 | €19,779 | €24,007 | +€4,228 | +21.4% |
| Trade receivables | 40 | €6,870 | €7,018 | +€149 | +2.2% |
| Other amounts receivable | 41 | €12,909 | €16,989 | +€4,079 | +31.6% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €107,473 | €250,892 | +€143,419 | +133.4% |
| Deferred charges and accrued income | 490/1 | €801 | €319 | -€482 | -60.1% |
| Total equity and liabilities | 10/49 | €191,900 | €321,104 | +€129,204 | +67.3% |
| Equity | 10/15 | €15,079 | €39,751 | +€24,673 | +163.6% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €4,000 | €14,000 | +€10,000 | +250.0% |
| Distributable reserves | 133 | €4,000 | €14,000 | +€10,000 | +250.0% |
| Profit (loss) carried forward | 14 | €5,579 | €20,251 | +€14,673 | +263.0% |
| Amounts payable | 17/49 | €176,821 | €281,352 | +€104,531 | +59.1% |
| Amounts payable after more than one year | 17 | €16,580 | €11,330 | -€5,250 | -31.7% |
| Financial debts | 170/4 | €16,580 | €11,330 | -€5,250 | -31.7% |
| Amounts payable within one year | 42/48 | €153,224 | €269,356 | +€116,132 | +75.8% |
| Current portion of amounts payable after more than one year | 42 | €4,991 | €5,250 | +€259 | +5.2% |
| Trade debts | 44 | €115,420 | €230,110 | +€114,691 | +99.4% |
| Suppliers | 440/4 | €115,420 | €230,110 | +€114,691 | +99.4% |
| Taxes, remuneration and social security | 45 | €1,967 | €11,510 | +€9,543 | +485.2% |
| Taxes | 450/3 | €1,967 | €11,510 | +€9,543 | +485.2% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €30,847 | €22,486 | -€8,362 | -27.1% |
| Accrued charges and deferred income | 492/3 | €7,017 | €666 | -€6,351 | -90.5% |
| Remuneration, social security and pensions | 62 | €1,672 | €3,047 | +€1,376 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,531 | €18,787 | -€744 | -3.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,500 | €0 | -€10,500 | -100.0% |
| Other operating charges | 640/8 | €756 | €1,223 | +€467 | +61.7% |
| Gross operating margin | 9900 | €48,228 | €59,350 | +€11,123 | +23.1% |
| Operating profit (loss) | 9901 | €15,769 | €36,294 | +€20,525 | +130.2% |
| Financial income | 75/76B | €0 | €29 | +€29 | |
| Recurring financial income | 75 | €0 | €29 | +€29 | |
| Financial charges | 65/66B | €1,600 | €1,638 | +€38 | +2.4% |
| Recurring financial charges | 65 | €1,600 | €1,638 | +€38 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €14,169 | €34,685 | +€20,516 | +144.8% |
| Income taxes | 67/77 | €5,206 | €10,012 | +€4,806 | +92.3% |
| Profit (loss) for the period | 9904 | €8,963 | €24,673 | +€15,710 | +175.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,963 | €24,673 | +€15,710 | +175.3% |
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 29 September 2026 via checked.be.