ACTIO IMMO: 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.
ACTIO IMMO
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+153.7%), from €695,749 to €1.8m
- Debts after one year +€718,764
up €718,764 (+156.3%), from €459,944 to €1.2m
- Other debts +€271,736
up €271,736 (+169.5%), from €160,300 to €432,036
- Profit (loss) carried forward +€39,477
up €39,477 (+60.6%), from -€65,174 to -€25,696
- Current portion of long-term debt +€25,372
up €25,372 (+65.9%), from €38,507 to €63,879
- Trade debts +€17,810
new in 2025: €17,810
- Gross operating margin +€27,420
up €27,420 (+71.5%), from €38,371 to €65,791
- Financial income -€9,395
no longer reported in 2025 (was €9,395)
- Depreciation +€9,102
up €9,102 (+37.2%), from €24,500 to €33,602
- Other operating charges -€2,204
no longer reported in 2025 (was €2,204)
- Financial charges +€1,645
up €1,645 (+23.3%), from €7,060 to €8,705
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €697,088 | €1,766,737 | +€1.1m | +153.4% |
| Fixed assets | 21/28 | €695,749 | €1,764,957 | +€1.1m | +153.7% |
| Tangible fixed assets | 22/27 | €695,749 | €1,764,957 | +€1.1m | +153.7% |
| Land and buildings | 22 | €695,749 | €1,764,957 | +€1.1m | +153.7% |
| Current assets | 29/58 | €1,339 | €1,779 | +€440 | +32.9% |
| Cash at bank and in hand | 54/58 | €1,339 | €1,779 | +€440 | +32.9% |
| Total equity and liabilities | 10/49 | €697,088 | €1,766,737 | +€1.1m | +153.4% |
| Equity | 10/15 | €34,826 | €74,304 | +€39,477 | +113.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | - | -€100,000 | |
| Issued capital | 100 | €100,000 | - | -€100,000 | |
| Outside capital | 11 | - | €100,000 | +€100,000 | |
| Other | 1109/19 | - | €100,000 | +€100,000 | |
| Profit (loss) carried forward | 14 | -€65,174 | -€25,696 | +€39,477 | +60.6% |
| Amounts payable | 17/49 | €662,262 | €1,692,433 | +€1.0m | +155.6% |
| Amounts payable after more than one year | 17 | €459,944 | €1,178,708 | +€718,764 | +156.3% |
| Financial debts | 170/4 | €459,944 | €1,178,708 | +€718,764 | +156.3% |
| Amounts payable within one year | 42/48 | €199,817 | €513,725 | +€313,908 | +157.1% |
| Current portion of amounts payable after more than one year | 42 | €38,507 | €63,879 | +€25,372 | +65.9% |
| Trade debts | 44 | - | €17,810 | +€17,810 | |
| Suppliers | 440/4 | - | €17,810 | +€17,810 | |
| Taxes, remuneration and social security | 45 | €1,010 | - | -€1,010 | |
| Taxes | 450/3 | €1,010 | - | -€1,010 | |
| Other amounts payable | 47/48 | €160,300 | €432,036 | +€271,736 | +169.5% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,500 | €33,602 | +€9,102 | +37.2% |
| Other operating charges | 640/8 | €2,204 | - | -€2,204 | |
| Gross operating margin | 9900 | €38,371 | €65,791 | +€27,420 | +71.5% |
| Operating profit (loss) | 9901 | €11,667 | €32,189 | +€20,523 | +175.9% |
| Financial income | 75/76B | €9,395 | - | -€9,395 | |
| Recurring financial income | 75 | €9,395 | - | -€9,395 | |
| Financial charges | 65/66B | €7,060 | €8,705 | +€1,645 | +23.3% |
| Recurring financial charges | 65 | €7,060 | €8,705 | +€1,645 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €14,003 | €23,485 | +€9,482 | +67.7% |
| Profit (loss) for the period | 9904 | €14,003 | €23,485 | +€9,482 | +67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,003 | €23,485 | +€9,482 | +67.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.