ACTIGROUP: 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.
ACTIGROUP
Largest movements
- Cash +€84,508
up €84,508 (+22.0%), from €384,677 to €469,185
mainly Trade debts (+€80,775) and Receivables within one year (+€53,784)
- Receivables within one year -€53,784
down €53,784 (-14.3%), from €375,832 to €322,048
of which Trade receivables: -€42,037
- Deferred charges and accrued income -€23,371
down €23,371 (-67.3%), from €34,717 to €11,346
- Profit (loss) carried forward -€81,533
down €81,533 (-24.1%), from -€338,258 to -€419,790
- Trade debts +€80,775
up €80,775 (+9.1%), from €886,760 to €967,535
- Gross operating margin -€61,149
down €61,149 (-28.4%), from €215,101 to €153,952
- Write-downs +€45,431
new in 2025: €45,431
- Staff costs +€9,940
up €9,940 (+5.7%), from €175,015 to €184,954
- Depreciation -€8,711
down €8,711 (-90.2%), from €9,653 to €942
- Other operating charges -€4,346
down €4,346 (-59.2%), from €7,340 to €2,994
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 | €796,168 | €802,579 | +€6,412 | +0.8% |
| Fixed assets | 21/28 | €942 | - | -€942 | |
| Tangible fixed assets | 22/27 | €942 | - | -€942 | |
| Plant, machinery and equipment | 23 | €942 | - | -€942 | |
| Current assets | 29/58 | €795,226 | €802,579 | +€7,353 | +0.9% |
| Amounts receivable within one year | 40/41 | €375,832 | €322,048 | -€53,784 | -14.3% |
| Trade receivables | 40 | €349,391 | €307,354 | -€42,037 | -12.0% |
| Other amounts receivable | 41 | €26,441 | €14,695 | -€11,747 | -44.4% |
| Cash at bank and in hand | 54/58 | €384,677 | €469,185 | +€84,508 | +22.0% |
| Deferred charges and accrued income | 490/1 | €34,717 | €11,346 | -€23,371 | -67.3% |
| Total equity and liabilities | 10/49 | €796,168 | €802,579 | +€6,412 | +0.8% |
| Equity | 10/15 | -€113,206 | -€194,739 | -€81,533 | -72.0% |
| Contributions | 10/11 | €187,000 | €187,000 | = | 0.0% |
| Capital | 10 | €187,000 | €187,000 | = | 0.0% |
| Issued capital | 100 | €187,000 | €187,000 | = | 0.0% |
| Reserves | 13 | €38,052 | €38,052 | = | 0.0% |
| Non-distributable reserves | 130/1 | €38,052 | €38,052 | = | 0.0% |
| Legal reserve | 130 | €38,052 | €38,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€338,258 | -€419,790 | -€81,533 | -24.1% |
| Amounts payable | 17/49 | €909,374 | €997,318 | +€87,944 | +9.7% |
| Amounts payable within one year | 42/48 | €907,696 | €989,602 | +€81,906 | +9.0% |
| Trade debts | 44 | €886,760 | €967,535 | +€80,775 | +9.1% |
| Suppliers | 440/4 | €886,760 | €967,535 | +€80,775 | +9.1% |
| Taxes, remuneration and social security | 45 | €20,936 | €22,067 | +€1,131 | +5.4% |
| Remuneration and social security | 454/9 | €20,936 | €22,067 | +€1,131 | +5.4% |
| Accrued charges and deferred income | 492/3 | €1,677 | €7,716 | +€6,039 | +360.0% |
| Remuneration, social security and pensions | 62 | €175,015 | €184,954 | +€9,940 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,653 | €942 | -€8,711 | -90.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €45,431 | +€45,431 | |
| Other operating charges | 640/8 | €7,340 | €2,994 | -€4,346 | -59.2% |
| Gross operating margin | 9900 | €215,101 | €153,952 | -€61,149 | -28.4% |
| Operating profit (loss) | 9901 | €23,093 | -€80,370 | -€103,462 | |
| Financial income | 75/76B | €3,607 | €413 | -€3,194 | -88.6% |
| Recurring financial income | 75 | €3,607 | €413 | -€3,194 | -88.6% |
| Non-recurring financial income | 76B | €3,607 | €413 | -€3,194 | -88.6% |
| Financial charges | 65/66B | €978 | €1,207 | +€229 | +23.4% |
| Recurring financial charges | 65 | €978 | €1,207 | +€229 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €25,722 | -€81,164 | -€106,886 | |
| Income taxes | 67/77 | €358 | €369 | +€10 | +2.9% |
| Profit (loss) for the period | 9904 | €25,363 | -€81,533 | -€106,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,363 | -€81,533 | -€106,896 |
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 9 October 2026 via checked.be.