ACTION CONSULTANTS: 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.
ACTION CONSULTANTS
Largest movements
- Current investments -€373,770
down €373,770 (-59.9%), from €623,770 to €250,000
- Cash +€19,654
up €19,654 (+14.4%), from €136,884 to €156,538
mainly Current investments (+€373,770) and Net result for the year (+€264,691)
- Tangible fixed assets +€11,978
up €11,978 (+6.1%), from €196,663 to €208,641
of which Other tangible fixed assets: +€13,477
- Debts after one year -€395,243
down €395,243 (-97.6%), from €404,910 to €9,667
of which Financial debts: -€395,243
- Reserves +€264,475
up €264,475 (+182.3%), from €145,077 to €409,553
of which Distributable reserves: +€270,100
- Other debts -€159,035
down €159,035 (-81.8%), from €194,515 to €35,480
- Accrued charges and deferred income -€39,448
no longer reported in 2025 (was €39,448)
- Financial income +€372,653
new in 2025: €372,653
- Gross operating margin -€159,886
down €159,886, from €94,084 to -€65,803
- Taxes +€27,047
up €27,047 (+19385.5%), from €140 to €27,186
- Financial charges -€1,619
down €1,619 (-34.5%), from €4,697 to €3,078
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 | €963,523 | €630,305 | -€333,218 | -34.6% |
| Fixed assets | 21/28 | €197,113 | €209,091 | +€11,978 | +6.1% |
| Tangible fixed assets | 22/27 | €196,663 | €208,641 | +€11,978 | +6.1% |
| Land and buildings | 22 | €194,711 | €185,910 | -€8,801 | -4.5% |
| Plant, machinery and equipment | 23 | €1,521 | €666 | -€855 | -56.2% |
| Furniture and vehicles | 24 | €431 | €8,587 | +€8,156 | +1892.3% |
| Other tangible fixed assets | 26 | - | €13,477 | +€13,477 | |
| Financial fixed assets | 28 | €450 | €450 | = | 0.0% |
| Current assets | 29/58 | €766,411 | €421,215 | -€345,196 | -45.0% |
| Amounts receivable within one year | 40/41 | €5,618 | €14,631 | +€9,013 | +160.4% |
| Trade receivables | 40 | €5,618 | €7,550 | +€1,932 | +34.4% |
| Other amounts receivable | 41 | - | €7,081 | +€7,081 | |
| Current investments | 50/53 | €623,770 | €250,000 | -€373,770 | -59.9% |
| Cash at bank and in hand | 54/58 | €136,884 | €156,538 | +€19,654 | +14.4% |
| Deferred charges and accrued income | 490/1 | €139 | €46 | -€93 | -66.7% |
| Total equity and liabilities | 10/49 | €963,523 | €630,305 | -€333,218 | -34.6% |
| Equity | 10/15 | €203,427 | €468,118 | +€264,691 | +130.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €145,077 | €409,553 | +€264,475 | +182.3% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | - | -€3,099 | |
| Own shares acquired | 1312 | - | €3,099 | +€3,099 | |
| Tax-exempt reserves | 132 | €123,888 | €118,264 | -€5,625 | -4.5% |
| Distributable reserves | 133 | €18,090 | €288,190 | +€270,100 | +1493.1% |
| Profit (loss) carried forward | 14 | €39,750 | €39,965 | +€215 | +0.5% |
| Provisions and deferred taxes | 16 | €88,793 | €85,897 | -€2,896 | -3.3% |
| Provisions for liabilities and charges | 160/5 | €25,000 | €25,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €25,000 | €25,000 | = | 0.0% |
| Deferred taxes | 168 | €63,793 | €60,897 | -€2,896 | -4.5% |
| Amounts payable | 17/49 | €671,303 | €76,291 | -€595,012 | -88.6% |
| Amounts payable after more than one year | 17 | €404,910 | €9,667 | -€395,243 | -97.6% |
| Financial debts | 170/4 | €395,243 | - | -€395,243 | |
| Other amounts payable | 178/9 | €9,667 | €9,667 | = | 0.0% |
| Amounts payable within one year | 42/48 | €226,945 | €66,624 | -€160,321 | -70.6% |
| Current portion of amounts payable after more than one year | 42 | €9,432 | - | -€9,432 | |
| Trade debts | 44 | €1,162 | €1,858 | +€696 | +59.9% |
| Suppliers | 440/4 | €1,162 | €1,858 | +€696 | +59.9% |
| Taxes, remuneration and social security | 45 | €21,836 | €29,286 | +€7,451 | +34.1% |
| Taxes | 450/3 | €21,836 | €29,286 | +€7,451 | +34.1% |
| Other amounts payable | 47/48 | €194,515 | €35,480 | -€159,035 | -81.8% |
| Accrued charges and deferred income | 492/3 | €39,448 | - | -€39,448 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,269 | €10,897 | +€628 | +6.1% |
| Other operating charges | 640/8 | €3,407 | €3,895 | +€488 | +14.3% |
| Gross operating margin | 9900 | €94,084 | -€65,803 | -€159,886 | |
| Operating profit (loss) | 9901 | €80,408 | -€80,594 | -€161,003 | |
| Financial income | 75/76B | - | €372,653 | +€372,653 | |
| Recurring financial income | 75 | - | €372,653 | +€372,653 | |
| Financial charges | 65/66B | €4,697 | €3,078 | -€1,619 | -34.5% |
| Recurring financial charges | 65 | €4,697 | €3,078 | -€1,619 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €75,711 | €288,981 | +€213,269 | +281.7% |
| Transfer from deferred taxes | 780 | €2,896 | €2,896 | = | 0.0% |
| Income taxes | 67/77 | €140 | €27,186 | +€27,047 | +19385.5% |
| Profit (loss) for the period | 9904 | €78,468 | €264,691 | +€186,223 | +237.3% |
| Transfer from tax-exempt reserves | 789 | €5,625 | €5,625 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €84,093 | €270,315 | +€186,223 | +221.4% |
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 10 October 2026 via checked.be.