ACTIGES: 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.
ACTIGES
Largest movements
- Receivables within one year +€43,294
up €43,294 (+241%), from €17,931 to €61,225
of which Trade receivables: +€40,090
- Receivables after one year -€37,096
down €37,096 (-23.4%), from €158,837 to €121,741
- Cash +€33,677
up €33,677 (+87.3%), from €38,555 to €72,232
mainly Other debts (+€56,881) and Net result for the year (+€50,494)
- Deferred charges and accrued income -€9,666
no longer reported in 2025 (was €9,666)
- Other debts +€56,881
up €56,881 (+7,687%), from €740 to €57,621
- Reserves -€40,730
down €40,730 (-43.8%), from €93,083 to €52,353
of which Distributable reserves: -€40,730
- Tax, wage and social debts +€14,082
new in 2025: €14,082
of which Taxes: +€10,222
- Gross operating margin +€80,609
up €80,609, from -€17,303 to €63,306
- Taxes +€17,167
up €17,167, from -€2,118 to €15,049
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 | €226,405 | €256,939 | +€30,534 | +13.5% |
| Fixed assets | 21/28 | €1,416 | €1,741 | +€325 | +23.0% |
| Tangible fixed assets | 22/27 | €1,191 | €1,482 | +€291 | +24.4% |
| Plant, machinery and equipment | 23 | - | €1,282 | +€1,282 | |
| Furniture and vehicles | 24 | €1,191 | €200 | -€991 | -83.2% |
| Financial fixed assets | 28 | €225 | €259 | +€34 | +15.1% |
| Current assets | 29/58 | €224,989 | €255,198 | +€30,209 | +13.4% |
| Amounts receivable after more than one year | 29 | €158,837 | €121,741 | -€37,096 | -23.4% |
| Other amounts receivable | 291 | €158,837 | €121,741 | -€37,096 | -23.4% |
| Amounts receivable within one year | 40/41 | €17,931 | €61,225 | +€43,294 | +241% |
| Trade receivables | 40 | €16,736 | €56,826 | +€40,090 | +240% |
| Other amounts receivable | 41 | €1,195 | €4,399 | +€3,204 | +268% |
| Cash at bank and in hand | 54/58 | €38,555 | €72,232 | +€33,677 | +87.3% |
| Deferred charges and accrued income | 490/1 | €9,666 | - | -€9,666 | |
| Total equity and liabilities | 10/49 | €226,405 | €256,939 | +€30,534 | +13.5% |
| Equity | 10/15 | €224,487 | €183,758 | -€40,729 | -18.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €93,083 | €52,353 | -€40,730 | -43.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €91,223 | €50,493 | -€40,730 | -44.6% |
| Profit (loss) carried forward | 14 | €119,004 | €119,005 | +€1 | 0.0% |
| Amounts payable | 17/49 | €1,918 | €73,181 | +€71,263 | +3,715% |
| Amounts payable within one year | 42/48 | €1,918 | €73,181 | +€71,263 | +3,715% |
| Trade debts | 44 | €1,178 | €1,478 | +€300 | +25.5% |
| Suppliers | 440/4 | €1,178 | €1,478 | +€300 | +25.5% |
| Taxes, remuneration and social security | 45 | - | €14,082 | +€14,082 | |
| Taxes | 450/3 | - | €10,222 | +€10,222 | |
| Remuneration and social security | 454/9 | - | €3,860 | +€3,860 | |
| Other amounts payable | 47/48 | €740 | €57,621 | +€56,881 | +7,687% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | €997 | -€133 | -11.8% |
| Other operating charges | 640/8 | €586 | €660 | +€74 | +12.6% |
| Gross operating margin | 9900 | -€17,303 | €63,306 | +€80,609 | |
| Operating profit (loss) | 9901 | -€19,019 | €61,649 | +€80,668 | |
| Financial income | 75/76B | €4,347 | €3,954 | -€393 | -9.0% |
| Recurring financial income | 75 | €4,347 | €3,954 | -€393 | -9.0% |
| Financial charges | 65/66B | €81 | €60 | -€21 | -25.9% |
| Recurring financial charges | 65 | €81 | €60 | -€21 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,753 | €65,543 | +€80,296 | |
| Income taxes | 67/77 | -€2,118 | €15,049 | +€17,167 | |
| Profit (loss) for the period | 9904 | -€12,635 | €50,494 | +€63,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,635 | €50,494 | +€63,129 |
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 19 October 2026 via checked.be.