ACTINA: what changed
Two fiscal 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.
What changed
ACTINA
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€35,421
2024 · -€1,460+€36,882
Equity
€282,438
2024 · €249,110+€33,328
Cash
€17,262
2024 · €13,135+€4,127
Balance sheet total
€451,392
2024 · €453,997-€2,604
Largest movements
Assets
- Tangible fixed assets -€18,336
down €18,336 (-7.2%), from €253,548 to €235,212
of which Land and buildings: -€25,857
Equity and liabilities
- Profit (loss) carried forward +€35,421
up €35,421 (+17.0%), from €207,918 to €243,340
- Debts after one year -€30,116
down €30,116 (-33.0%), from €91,291 to €61,175
- Other debts -€12,014
down €12,014 (-27.1%), from €44,394 to €32,381
Income statement
- Gross operating margin +€52,912
up €52,912 (+39.3%), from €134,802 to €187,714
- Staff costs +€12,340
up €12,340 (+15.2%), from €81,060 to €93,400
- Taxes +€9,251
up €9,251 (+605.5%), from €1,528 to €10,779
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.
Result 2024
-€1,460
Gross operating margin
+€52,912
Staff costs
-€12,340
Depreciation
+€700
Write-downs
+€908
Other operating charges
-€168
Other operating items
+€1,785
Financial income
+€475
Financial charges
+€1,860
Taxes
-€9,251
Result 2025
€35,421
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.
From operations
+€50,175
Investment
-€16,520
Financing
-€29,529
Cash 2024
€13,135
From operations (derived)
+€50,175
Net result for the year
+€35,421
Depreciation
+€30,314
Stocks and contracts
-€1,380
Receivables within one year
-€1,286
Deferred charges and accrued income
-€4,396
Trade debts
+€1,584
Tax, wage and social debts
+€1,999
Other debts
-€12,014
Accrued charges and deferred income
-€66
Investment (derived)
-€16,520
Investment in fixed assets (net)
-€12,016
Current investments
-€4,504
Financing
-€29,529
Debts after one year
-€30,116
Current portion of long-term debt
+€959
Short-term financial debts
+€1,722
Contributions, distributions and other
-€2,093
Cash 2025
€17,262
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €453,997 | €451,392 | -€2,604 | -0.6% |
| Fixed assets | 21/28 | €253,598 | €235,300 | -€18,298 | -7.2% |
| Tangible fixed assets | 22/27 | €253,548 | €235,212 | -€18,336 | -7.2% |
| Land and buildings | 22 | €246,674 | €220,816 | -€25,857 | -10.5% |
| Plant, machinery and equipment | 23 | €1,881 | €3,789 | +€1,908 | +101.5% |
| Furniture and vehicles | 24 | €4,993 | €9,866 | +€4,873 | +97.6% |
| Other tangible fixed assets | 26 | - | €740 | +€740 | |
| Financial fixed assets | 28 | €50 | €88 | +€38 | +76.3% |
| Current assets | 29/58 | €200,399 | €216,093 | +€15,693 | +7.8% |
| Stocks and contracts in progress | 3 | €167,746 | €169,127 | +€1,380 | +0.8% |
| Stocks | 30/36 | €167,746 | €169,127 | +€1,380 | +0.8% |
| Amounts receivable within one year | 40/41 | €16,381 | €17,667 | +€1,286 | +7.8% |
| Trade receivables | 40 | €16,381 | €13,063 | -€3,318 | -20.3% |
| Other amounts receivable | 41 | - | €4,604 | +€4,604 | |
| Current investments | 50/53 | €2,022 | €6,526 | +€4,504 | +222.8% |
| Cash at bank and in hand | 54/58 | €13,135 | €17,262 | +€4,127 | +31.4% |
| Deferred charges and accrued income | 490/1 | €1,115 | €5,512 | +€4,396 | +394.3% |
| Total equity and liabilities | 10/49 | €453,997 | €451,392 | -€2,604 | -0.6% |
| Equity | 10/15 | €249,110 | €282,438 | +€33,328 | +13.4% |
| Contributions | 10/11 | €20,320 | €20,320 | = | 0.0% |
| Reserves | 13 | €2,032 | €2,032 | = | 0.0% |
| Distributable reserves | 133 | €2,032 | €2,032 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,918 | €243,340 | +€35,421 | +17.0% |
| Investment grants | 15 | €18,840 | €16,746 | -€2,093 | -11.1% |
| Amounts payable | 17/49 | €204,887 | €168,954 | -€35,932 | -17.5% |
| Amounts payable after more than one year | 17 | €91,291 | €61,175 | -€30,116 | -33.0% |
| Financial debts | 170/4 | €91,291 | €61,175 | -€30,116 | -33.0% |
| Amounts payable within one year | 42/48 | €113,114 | €107,364 | -€5,750 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €29,157 | €30,116 | +€959 | +3.3% |
| Financial debts | 43 | €25,069 | €26,791 | +€1,722 | +6.9% |
| Credit institutions | 430/8 | €25,069 | €26,791 | +€1,722 | +6.9% |
| Trade debts | 44 | €1,925 | €3,509 | +€1,584 | +82.3% |
| Suppliers | 440/4 | €1,925 | €3,509 | +€1,584 | +82.3% |
| Taxes, remuneration and social security | 45 | €12,568 | €14,566 | +€1,999 | +15.9% |
| Taxes | 450/3 | €6,469 | €12,946 | +€6,478 | +100.1% |
| Remuneration and social security | 454/9 | €6,099 | €1,620 | -€4,479 | -73.4% |
| Other amounts payable | 47/48 | €44,394 | €32,381 | -€12,014 | -27.1% |
| Accrued charges and deferred income | 492/3 | €482 | €416 | -€66 | -13.7% |
| Remuneration, social security and pensions | 62 | €81,060 | €93,400 | +€12,340 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,013 | €30,314 | -€700 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €908 | - | -€908 | |
| Other operating charges | 640/8 | €5,545 | €5,712 | +€168 | +3.0% |
| Non-recurring operating charges | 66A | €1,785 | - | -€1,785 | |
| Gross operating margin | 9900 | €134,802 | €187,714 | +€52,912 | +39.3% |
| Operating profit (loss) | 9901 | €14,490 | €58,288 | +€43,798 | +302.3% |
| Financial income | 75/76B | €4,822 | €5,297 | +€475 | +9.8% |
| Recurring financial income | 75 | €4,822 | €5,297 | +€475 | +9.8% |
| Financial charges | 65/66B | €19,245 | €17,385 | -€1,860 | -9.7% |
| Recurring financial charges | 65 | €19,245 | €17,385 | -€1,860 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €67 | €46,200 | +€46,133 | +68446.3% |
| Income taxes | 67/77 | €1,528 | €10,779 | +€9,251 | +605.5% |
| Profit (loss) for the period | 9904 | -€1,460 | €35,421 | +€36,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,460 | €35,421 | +€36,882 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.