ACTIO: 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.
ACTIO
Largest movements
- Receivables within one year +€25,378
up €25,378 (+105%), from €24,083 to €49,461
of which Trade receivables: +€14,611
- Cash +€7,107
up €7,107 (+14.2%), from €50,071 to €57,178
mainly Net result for the year (+€89,309) and Depreciation (+€18,635)
- Reserves +€63,199
up €63,199 (+14.3%), from €441,936 to €505,135
- Other debts -€13,439
down €13,439 (-34.0%), from €39,549 to €26,110
- Debts after one year -€12,907
down €12,907 (-15.8%), from €81,868 to €68,961
- Tax, wage and social debts +€11,536
up €11,536 (+86.9%), from €13,270 to €24,806
of which Taxes: +€11,536
- Current portion of long-term debt -€6,955
down €6,955 (-23.7%), from €29,344 to €22,389
- Gross operating margin +€35,300
up €35,300 (+28.6%), from €123,574 to €158,873
- Taxes +€10,365
up €10,365 (+35.8%), from €28,988 to €39,353
- Other operating charges +€4,647
up €4,647 (+82.8%), from €5,615 to €10,262
- Financial charges -€2,020
down €2,020 (-60.5%), from €3,339 to €1,319
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 | €629,225 | €666,472 | +€37,247 | +5.9% |
| Fixed assets | 21/28 | €554,663 | €559,413 | +€4,750 | +0.9% |
| Tangible fixed assets | 22/27 | €554,663 | €559,413 | +€4,750 | +0.9% |
| Land and buildings | 22 | €552,291 | €546,207 | -€6,084 | -1.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,372 | €13,206 | +€10,834 | +457% |
| Current assets | 29/58 | €74,561 | €107,059 | +€32,498 | +43.6% |
| Amounts receivable within one year | 40/41 | €24,083 | €49,461 | +€25,378 | +105% |
| Trade receivables | 40 | €22,030 | €36,642 | +€14,611 | +66.3% |
| Other amounts receivable | 41 | €2,053 | €12,819 | +€10,767 | +525% |
| Cash at bank and in hand | 54/58 | €50,071 | €57,178 | +€7,107 | +14.2% |
| Deferred charges and accrued income | 490/1 | €408 | €421 | +€13 | +3.2% |
| Total equity and liabilities | 10/49 | €629,225 | €666,472 | +€37,247 | +5.9% |
| Equity | 10/15 | €460,836 | €524,035 | +€63,199 | +13.7% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €441,936 | €505,135 | +€63,199 | +14.3% |
| Distributable reserves | 133 | €441,936 | €505,135 | +€63,199 | +14.3% |
| Amounts payable | 17/49 | €168,388 | €142,437 | -€25,951 | -15.4% |
| Amounts payable after more than one year | 17 | €81,868 | €68,961 | -€12,907 | -15.8% |
| Financial debts | 170/4 | €81,868 | €68,961 | -€12,907 | -15.8% |
| Amounts payable within one year | 42/48 | €86,520 | €73,476 | -€13,045 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €29,344 | €22,389 | -€6,955 | -23.7% |
| Trade debts | 44 | €4,357 | €170 | -€4,186 | -96.1% |
| Suppliers | 440/4 | €4,357 | €170 | -€4,186 | -96.1% |
| Taxes, remuneration and social security | 45 | €13,270 | €24,806 | +€11,536 | +86.9% |
| Taxes | 450/3 | €11,385 | €22,921 | +€11,536 | +101% |
| Remuneration and social security | 454/9 | €1,885 | €1,885 | = | 0.0% |
| Other amounts payable | 47/48 | €39,549 | €26,110 | -€13,439 | -34.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,457 | €18,635 | +€1,178 | +6.7% |
| Other operating charges | 640/8 | €5,615 | €10,262 | +€4,647 | +82.8% |
| Gross operating margin | 9900 | €123,574 | €158,873 | +€35,300 | +28.6% |
| Operating profit (loss) | 9901 | €100,502 | €129,976 | +€29,475 | +29.3% |
| Financial income | 75/76B | €1 | €5 | +€4 | +549% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +549% |
| Financial charges | 65/66B | €3,339 | €1,319 | -€2,020 | -60.5% |
| Recurring financial charges | 65 | €3,339 | €1,319 | -€2,020 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €97,163 | €128,662 | +€31,499 | +32.4% |
| Income taxes | 67/77 | €28,988 | €39,353 | +€10,365 | +35.8% |
| Profit (loss) for the period | 9904 | €68,175 | €89,309 | +€21,134 | +31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,175 | €89,309 | +€21,134 | +31.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.