ACTIMES: 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.
ACTIMES
Largest movements
- Tangible fixed assets +€32,458
up €32,458 (+358.6%), from €9,052 to €41,511
of which Furniture and vehicles: +€34,314
- Current investments +€30,000
up €30,000 (+30.0%), from €100,000 to €130,000
- Cash +€11,975
up €11,975 (+7.9%), from €152,461 to €164,436
mainly Net result for the year (+€80,742) and Depreciation (+€11,027)
- Receivables within one year +€7,066
up €7,066 (+62.8%), from €11,249 to €18,315
of which Trade receivables: +€8,179
- Reserves +€79,000
up €79,000 (+66.9%), from €118,000 to €197,000
- Advances received +€4,323
new in 2025: €4,323
- Gross operating margin +€46,484
up €46,484 (+47.1%), from €98,778 to €145,261
- Write-downs +€12,012
up €12,012 (+184.5%), from €6,511 to €18,523
- Taxes +€8,663
up €8,663 (+36.2%), from €23,904 to €32,567
- Depreciation +€7,808
up €7,808 (+242.5%), from €3,219 to €11,027
- Financial income +€2,507
up €2,507 (+155.5%), from €1,612 to €4,120
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 | €291,343 | €370,666 | +€79,322 | +27.2% |
| Fixed assets | 21/28 | €9,052 | €41,511 | +€32,458 | +358.6% |
| Tangible fixed assets | 22/27 | €9,052 | €41,511 | +€32,458 | +358.6% |
| Plant, machinery and equipment | 23 | €3,232 | €1,376 | -€1,856 | -57.4% |
| Furniture and vehicles | 24 | €5,821 | €40,135 | +€34,314 | +589.5% |
| Current assets | 29/58 | €282,291 | €329,155 | +€46,864 | +16.6% |
| Stocks and contracts in progress | 3 | €16,085 | €14,154 | -€1,930 | -12.0% |
| Stocks | 30/36 | €16,085 | €14,154 | -€1,930 | -12.0% |
| Amounts receivable within one year | 40/41 | €11,249 | €18,315 | +€7,066 | +62.8% |
| Trade receivables | 40 | - | €8,179 | +€8,179 | |
| Other amounts receivable | 41 | €11,249 | €10,135 | -€1,114 | -9.9% |
| Current investments | 50/53 | €100,000 | €130,000 | +€30,000 | +30.0% |
| Cash at bank and in hand | 54/58 | €152,461 | €164,436 | +€11,975 | +7.9% |
| Deferred charges and accrued income | 490/1 | €2,496 | €2,250 | -€246 | -9.8% |
| Total equity and liabilities | 10/49 | €291,343 | €370,666 | +€79,322 | +27.2% |
| Equity | 10/15 | €262,799 | €342,707 | +€79,909 | +30.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €118,000 | €197,000 | +€79,000 | +66.9% |
| Distributable reserves | 133 | €118,000 | €197,000 | +€79,000 | +66.9% |
| Profit (loss) carried forward | 14 | €129,799 | €130,707 | +€909 | +0.7% |
| Amounts payable | 17/49 | €28,544 | €27,958 | -€586 | -2.1% |
| Amounts payable within one year | 42/48 | €28,361 | €27,775 | -€586 | -2.1% |
| Trade debts | 44 | €10,631 | €8,454 | -€2,177 | -20.5% |
| Suppliers | 440/4 | €10,631 | €8,454 | -€2,177 | -20.5% |
| Advances received on contracts in progress | 46 | - | €4,323 | +€4,323 | |
| Taxes, remuneration and social security | 45 | €17,730 | €14,998 | -€2,732 | -15.4% |
| Taxes | 450/3 | €17,730 | €14,998 | -€2,732 | -15.4% |
| Accrued charges and deferred income | 492/3 | €183 | €183 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €4,794 | €5,157 | +€363 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,219 | €11,027 | +€7,808 | +242.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,511 | €18,523 | +€12,012 | +184.5% |
| Other operating charges | 640/8 | - | €80 | +€80 | |
| Gross operating margin | 9900 | €98,778 | €145,261 | +€46,484 | +47.1% |
| Operating profit (loss) | 9901 | €84,253 | €110,475 | +€26,221 | +31.1% |
| Financial income | 75/76B | €1,612 | €4,120 | +€2,507 | +155.5% |
| Recurring financial income | 75 | €1,612 | €4,120 | +€2,507 | +155.5% |
| Financial charges | 65/66B | €1,217 | €1,286 | +€69 | +5.7% |
| Recurring financial charges | 65 | €1,217 | €1,286 | +€69 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €84,649 | €113,308 | +€28,660 | +33.9% |
| Income taxes | 67/77 | €23,904 | €32,567 | +€8,663 | +36.2% |
| Profit (loss) for the period | 9904 | €60,745 | €80,742 | +€19,997 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,745 | €80,742 | +€19,997 | +32.9% |
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 11 October 2026 via checked.be.