ACTICOM: 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.
ACTICOM
Largest movements
- Cash +€35,823
up €35,823 (+48.0%), from €74,593 to €110,416
mainly Depreciation (+€39,550) and Net result for the year (+€20,793)
- Tangible fixed assets -€25,811
down €25,811 (-30.6%), from €84,334 to €58,523
of which Plant, machinery and equipment: -€19,639
- Deferred charges and accrued income -€20,452
down €20,452 (-72.4%), from €28,238 to €7,786
- Intangible fixed assets -€10,500
down €10,500 (-12.6%), from €83,511 to €73,011
- Stocks and contracts -€5,924
down €5,924 (-52.1%), from €11,374 to €5,450
- Debts after one year -€21,475
down €21,475 (-32.6%), from €65,847 to €44,372
- Reserves +€19,960
up €19,960 (+561.8%), from €3,553 to €23,513
of which Distributable reserves: +€19,960
- Other debts -€12,750
down €12,750 (-89.1%), from €14,310 to €1,560
- Tax, wage and social debts -€11,372
down €11,372 (-22.9%), from €49,639 to €38,267
of which Remuneration and social security: -€8,559
- Trade debts -€10,281
down €10,281 (-11.4%), from €90,022 to €79,741
- Staff costs +€10,228
up €10,228 (+2.3%), from €443,109 to €453,337
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 | €391,807 | €360,098 | -€31,709 | -8.1% |
| Fixed assets | 21/28 | €168,173 | €131,862 | -€36,311 | -21.6% |
| Intangible fixed assets | 21 | €83,511 | €73,011 | -€10,500 | -12.6% |
| Tangible fixed assets | 22/27 | €84,334 | €58,523 | -€25,811 | -30.6% |
| Plant, machinery and equipment | 23 | €58,007 | €38,368 | -€19,639 | -33.9% |
| Furniture and vehicles | 24 | €26,327 | €20,155 | -€6,172 | -23.4% |
| Financial fixed assets | 28 | €328 | €328 | = | 0.0% |
| Current assets | 29/58 | €223,634 | €228,236 | +€4,602 | +2.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,374 | €5,450 | -€5,924 | -52.1% |
| Stocks | 30/36 | €11,374 | €5,450 | -€5,924 | -52.1% |
| Amounts receivable within one year | 40/41 | €9,429 | €4,584 | -€4,845 | -51.4% |
| Trade receivables | 40 | €4,128 | €1,830 | -€2,298 | -55.7% |
| Other amounts receivable | 41 | €5,301 | €2,754 | -€2,547 | -48.0% |
| Cash at bank and in hand | 54/58 | €74,593 | €110,416 | +€35,823 | +48.0% |
| Deferred charges and accrued income | 490/1 | €28,238 | €7,786 | -€20,452 | -72.4% |
| Total equity and liabilities | 10/49 | €391,807 | €360,098 | -€31,709 | -8.1% |
| Equity | 10/15 | €158,949 | €178,909 | +€19,960 | +12.6% |
| Contributions | 10/11 | €111,291 | €111,291 | = | 0.0% |
| Capital | 10 | €111,291 | €111,291 | = | 0.0% |
| Issued capital | 100 | €111,291 | €111,291 | = | 0.0% |
| Reserves | 13 | €3,553 | €23,513 | +€19,960 | +561.8% |
| Non-distributable reserves | 130/1 | €3,553 | €3,553 | = | 0.0% |
| Legal reserve | 130 | €3,553 | €3,553 | = | 0.0% |
| Distributable reserves | 133 | - | €19,960 | +€19,960 | |
| Profit (loss) carried forward | 14 | €44,105 | €44,105 | = | 0.0% |
| Amounts payable | 17/49 | €232,858 | €181,189 | -€51,669 | -22.2% |
| Amounts payable after more than one year | 17 | €65,847 | €44,372 | -€21,475 | -32.6% |
| Financial debts | 170/4 | €65,847 | €44,372 | -€21,475 | -32.6% |
| Amounts payable within one year | 42/48 | €166,282 | €136,816 | -€29,465 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €12,311 | €17,248 | +€4,937 | +40.1% |
| Trade debts | 44 | €90,022 | €79,741 | -€10,281 | -11.4% |
| Suppliers | 440/4 | €90,022 | €79,741 | -€10,281 | -11.4% |
| Taxes, remuneration and social security | 45 | €49,639 | €38,267 | -€11,372 | -22.9% |
| Taxes | 450/3 | €2,953 | €140 | -€2,813 | -95.3% |
| Remuneration and social security | 454/9 | €46,686 | €38,128 | -€8,559 | -18.3% |
| Other amounts payable | 47/48 | €14,310 | €1,560 | -€12,750 | -89.1% |
| Accrued charges and deferred income | 492/3 | €728 | €0 | -€728 | -100.0% |
| Remuneration, social security and pensions | 62 | €443,109 | €453,337 | +€10,228 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,845 | €39,550 | -€3,295 | -7.7% |
| Other operating charges | 640/8 | €4,262 | €3,975 | -€286 | -6.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €557,225 | €551,673 | -€5,552 | -1.0% |
| Operating profit (loss) | 9901 | €67,010 | €54,811 | -€12,199 | -18.2% |
| Financial income | 75/76B | €518 | €386 | -€133 | -25.6% |
| Recurring financial income | 75 | €518 | €386 | -€133 | -25.6% |
| Financial charges | 65/66B | €23,763 | €29,009 | +€5,246 | +22.1% |
| Recurring financial charges | 65 | €23,763 | €29,009 | +€5,246 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €43,765 | €26,188 | -€17,578 | -40.2% |
| Income taxes | 67/77 | €9,984 | €5,395 | -€4,590 | -46.0% |
| Profit (loss) for the period | 9904 | €33,781 | €20,793 | -€12,988 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,781 | €20,793 | -€12,988 | -38.4% |
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 5 October 2026 via checked.be.