ACTION EUROPE: 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 EUROPE
Largest movements
- Receivables within one year -€108,885
down €108,885 (-10.3%), from €1.1m to €952,977
of which Trade receivables: -€207,278
- Tax, wage and social debts -€68,302
down €68,302 (-84.2%), from €81,116 to €12,815
of which Taxes: -€60,000
- Profit (loss) carried forward -€15,761
down €15,761 (-1.2%), from €1.4m to €1.4m
- Gross operating margin -€624,329
down €624,329 (-70.1%), from €891,043 to €266,714
- Depreciation -€481,217
down €481,217 (-99.0%), from €486,102 to €4,886
- Taxes -€146,074
down €146,074 (-75.4%), from €193,623 to €47,549
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 | €1,549,271 | €1,451,447 | -€97,824 | -6.3% |
| Fixed assets | 21/28 | €8,302 | €4,151 | -€4,151 | -50.0% |
| Tangible fixed assets | 22/27 | €7,112 | €2,961 | -€4,151 | -58.4% |
| Furniture and vehicles | 24 | €5,412 | €1,261 | -€4,151 | -76.7% |
| Other tangible fixed assets | 26 | €1,700 | €1,700 | = | 0.0% |
| Financial fixed assets | 28 | €1,190 | €1,190 | = | 0.0% |
| Current assets | 29/58 | €1,540,969 | €1,447,296 | -€93,673 | -6.1% |
| Amounts receivable within one year | 40/41 | €1,061,862 | €952,977 | -€108,885 | -10.3% |
| Trade receivables | 40 | €956,784 | €749,506 | -€207,278 | -21.7% |
| Other amounts receivable | 41 | €105,078 | €203,471 | +€98,393 | +93.6% |
| Cash at bank and in hand | 54/58 | €479,106 | €494,319 | +€15,212 | +3.2% |
| Total equity and liabilities | 10/49 | €1,549,271 | €1,451,447 | -€97,824 | -6.3% |
| Equity | 10/15 | €1,383,181 | €1,367,420 | -€15,761 | -1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €9,168 | €9,168 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,168 | €9,168 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,367,812 | €1,352,052 | -€15,761 | -1.2% |
| Amounts payable | 17/49 | €166,090 | €84,027 | -€82,063 | -49.4% |
| Amounts payable within one year | 42/48 | €166,090 | €84,027 | -€82,063 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €968 | - | -€968 | |
| Trade debts | 44 | €84,006 | €71,212 | -€12,794 | -15.2% |
| Suppliers | 440/4 | €84,006 | €71,212 | -€12,794 | -15.2% |
| Taxes, remuneration and social security | 45 | €81,116 | €12,815 | -€68,302 | -84.2% |
| Taxes | 450/3 | €60,000 | - | -€60,000 | |
| Remuneration and social security | 454/9 | €21,116 | €12,815 | -€8,302 | -39.3% |
| Remuneration, social security and pensions | 62 | €65,510 | €68,419 | +€2,908 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €486,102 | €4,886 | -€481,217 | -99.0% |
| Other operating charges | 640/8 | €9,739 | €11,280 | +€1,541 | +15.8% |
| Gross operating margin | 9900 | €891,043 | €266,714 | -€624,329 | -70.1% |
| Operating profit (loss) | 9901 | €329,691 | €182,130 | -€147,561 | -44.8% |
| Financial income | 75/76B | €20 | €9 | -€11 | -56.7% |
| Recurring financial income | 75 | €20 | €9 | -€11 | -56.7% |
| Financial charges | 65/66B | €338 | €350 | +€12 | +3.5% |
| Recurring financial charges | 65 | €338 | €350 | +€12 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €329,373 | €181,789 | -€147,584 | -44.8% |
| Income taxes | 67/77 | €193,623 | €47,549 | -€146,074 | -75.4% |
| Profit (loss) for the period | 9904 | €135,750 | €134,239 | -€1,510 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €135,750 | €134,239 | -€1,510 | -1.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.