ACTIF CONCEPT: 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.
ACTIF CONCEPT
Largest movements
- Receivables within one year +€14,408
up €14,408 (+31.8%), from €45,241 to €59,648
of which Trade receivables: +€9,666
- Cash +€12,397
up €12,397 (+1295.3%), from €957 to €13,354
mainly Net result for the year (+€15,734) and Tax, wage and social debts (+€13,182)
- Tangible fixed assets -€6,067
down €6,067 (-43.0%), from €14,103 to €8,037
- Reserves +€15,734
up €15,734 (+255.9%), from €6,148 to €21,882
of which Distributable reserves: +€15,734
- Tax, wage and social debts +€13,182
up €13,182 (+178.9%), from €7,370 to €20,552
- Current portion of long-term debt -€6,316
down €6,316 (-84.4%), from €7,483 to €1,167
- Trade debts -€1,968
down €1,968 (-38.2%), from €5,155 to €3,187
- Gross operating margin -€3,918
down €3,918 (-11.4%), from €34,281 to €30,363
- Taxes +€3,317
up €3,317 (+74.3%), from €4,465 to €7,782
- Other operating charges -€2,049
down €2,049 (-100.0%), from €2,049 to €0
- Depreciation -€547
down €547 (-8.1%), from €6,721 to €6,174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,510 | €81,142 | +€20,631 | +34.1% |
| Fixed assets | 21/28 | €14,313 | €8,139 | -€6,174 | -43.1% |
| Intangible fixed assets | 21 | €210 | €103 | -€107 | -51.0% |
| Tangible fixed assets | 22/27 | €14,103 | €8,037 | -€6,067 | -43.0% |
| Furniture and vehicles | 24 | €14,103 | €8,037 | -€6,067 | -43.0% |
| Current assets | 29/58 | €46,198 | €73,002 | +€26,805 | +58.0% |
| Amounts receivable within one year | 40/41 | €45,241 | €59,648 | +€14,408 | +31.8% |
| Trade receivables | 40 | €16,705 | €26,371 | +€9,666 | +57.9% |
| Other amounts receivable | 41 | €28,535 | €33,277 | +€4,742 | +16.6% |
| Cash at bank and in hand | 54/58 | €957 | €13,354 | +€12,397 | +1295.3% |
| Total equity and liabilities | 10/49 | €60,510 | €81,142 | +€20,631 | +34.1% |
| Equity | 10/15 | €39,704 | €55,438 | +€15,734 | +39.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,148 | €21,882 | +€15,734 | +255.9% |
| Non-distributable reserves | 130/1 | €648 | €648 | = | 0.0% |
| Reserves not available under the articles | 1311 | €648 | €648 | = | 0.0% |
| Distributable reserves | 133 | €5,500 | €21,234 | +€15,734 | +286.1% |
| Profit (loss) carried forward | 14 | €14,956 | €14,956 | = | 0.0% |
| Amounts payable | 17/49 | €20,806 | €25,704 | +€4,897 | +23.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €20,806 | €25,704 | +€4,897 | +23.5% |
| Current portion of amounts payable after more than one year | 42 | €7,483 | €1,167 | -€6,316 | -84.4% |
| Trade debts | 44 | €5,155 | €3,187 | -€1,968 | -38.2% |
| Suppliers | 440/4 | €5,155 | €3,187 | -€1,968 | -38.2% |
| Taxes, remuneration and social security | 45 | €7,370 | €20,552 | +€13,182 | +178.9% |
| Taxes | 450/3 | €7,370 | €20,552 | +€13,182 | +178.9% |
| Other amounts payable | 47/48 | €799 | €799 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,721 | €6,174 | -€547 | -8.1% |
| Other operating charges | 640/8 | €2,049 | €0 | -€2,049 | -100.0% |
| Gross operating margin | 9900 | €34,281 | €30,363 | -€3,918 | -11.4% |
| Operating profit (loss) | 9901 | €25,511 | €24,190 | -€1,322 | -5.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €614 | €674 | +€60 | +9.8% |
| Recurring financial charges | 65 | €614 | €674 | +€60 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | €24,897 | €23,516 | -€1,382 | -5.6% |
| Income taxes | 67/77 | €4,465 | €7,782 | +€3,317 | +74.3% |
| Profit (loss) for the period | 9904 | €20,433 | €15,734 | -€4,699 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,433 | €15,734 | -€4,699 | -23.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.