ACTIF TRANSFERT: 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 TRANSFERT
Largest movements
- Tangible fixed assets +€23,429
up €23,429 (+275%), from €8,509 to €31,938
of which Furniture and vehicles: +€24,279
- Cash -€16,806
down €16,806 (-37.8%), from €44,440 to €27,634
mainly Investment in fixed assets (net) (-€30,000) and Other debts (-€10,327)
- Receivables within one year -€15,227
down €15,227 (-56.0%), from €27,208 to €11,981
of which Trade receivables: -€13,348
- Other debts -€10,327
down €10,327 (-21.3%), from €48,421 to €38,094
- Trade debts -€7,143
down €7,143 (-83.5%), from €8,551 to €1,408
- Profit (loss) carried forward +€6,855
up €6,855 (+113%), from €6,042 to €12,897
- Tax, wage and social debts +€1,214
up €1,214 (+22.4%), from €5,419 to €6,633
of which Taxes: +€2,263
- Staff costs -€7,784
down €7,784 (-34.0%), from €22,926 to €15,142
- Depreciation +€3,680
up €3,680 (+127%), from €2,891 to €6,571
- Gross operating margin +€2,017
up €2,017 (+6.8%), from €29,495 to €31,512
- Taxes +€1,372
up €1,372 (+154%), from €891 to €2,263
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 | €80,955 | €71,553 | -€9,402 | -11.6% |
| Fixed assets | 21/28 | €8,509 | €31,938 | +€23,429 | +275% |
| Tangible fixed assets | 22/27 | €8,509 | €31,938 | +€23,429 | +275% |
| Plant, machinery and equipment | 23 | €3,725 | €2,875 | -€850 | -22.8% |
| Furniture and vehicles | 24 | €4,784 | €29,063 | +€24,279 | +507% |
| Current assets | 29/58 | €72,446 | €39,615 | -€32,831 | -45.3% |
| Amounts receivable within one year | 40/41 | €27,208 | €11,981 | -€15,227 | -56.0% |
| Trade receivables | 40 | €21,863 | €8,515 | -€13,348 | -61.1% |
| Other amounts receivable | 41 | €5,345 | €3,466 | -€1,879 | -35.2% |
| Cash at bank and in hand | 54/58 | €44,440 | €27,634 | -€16,806 | -37.8% |
| Deferred charges and accrued income | 490/1 | €797 | - | -€797 | |
| Total equity and liabilities | 10/49 | €80,955 | €71,553 | -€9,402 | -11.6% |
| Equity | 10/15 | €18,563 | €25,418 | +€6,855 | +36.9% |
| Contributions | 10/11 | €12,521 | €12,521 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,042 | €12,897 | +€6,855 | +113% |
| Amounts payable | 17/49 | €62,392 | €46,135 | -€16,257 | -26.1% |
| Amounts payable within one year | 42/48 | €62,392 | €46,135 | -€16,257 | -26.1% |
| Trade debts | 44 | €8,551 | €1,408 | -€7,143 | -83.5% |
| Suppliers | 440/4 | €8,551 | €1,408 | -€7,143 | -83.5% |
| Taxes, remuneration and social security | 45 | €5,419 | €6,633 | +€1,214 | +22.4% |
| Taxes | 450/3 | €891 | €3,154 | +€2,263 | +254% |
| Remuneration and social security | 454/9 | €4,528 | €3,479 | -€1,049 | -23.2% |
| Other amounts payable | 47/48 | €48,421 | €38,094 | -€10,327 | -21.3% |
| Remuneration, social security and pensions | 62 | €22,926 | €15,142 | -€7,784 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,891 | €6,571 | +€3,680 | +127% |
| Other operating charges | 640/8 | €653 | €548 | -€105 | -16.0% |
| Gross operating margin | 9900 | €29,495 | €31,512 | +€2,017 | +6.8% |
| Operating profit (loss) | 9901 | €3,024 | €9,250 | +€6,226 | +206% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €133 | €132 | -€1 | -0.6% |
| Recurring financial charges | 65 | €133 | €132 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €2,901 | €9,118 | +€6,216 | +214% |
| Income taxes | 67/77 | €891 | €2,263 | +€1,372 | +154% |
| Profit (loss) for the period | 9904 | €2,010 | €6,855 | +€4,844 | +241% |
| Profit (loss) for the period to be appropriated | 9905 | €2,010 | €6,855 | +€4,844 | +241% |
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 14 October 2026 via checked.be.