ACTION FACADE: 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 FACADE
Largest movements
- Receivables within one year +€43,972
up €43,972 (+67.5%), from €65,190 to €109,162
of which Trade receivables: +€43,617
- Stocks and contracts -€20,000
down €20,000 (-15.7%), from €127,000 to €107,000
- Trade debts +€27,110
up €27,110 (+5,520%), from €491 to €27,602
- Profit (loss) carried forward -€26,575
down €26,575 (-39.0%), from €68,215 to €41,639
- Other debts +€22,739
up €22,739 (+21.5%), from €105,616 to €128,354
- Gross operating margin -€32,473
down €32,473, from €7,922 to -€24,551
- Taxes -€1,659
no longer reported in 2025 (was €1,659)
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 | €196,388 | €219,849 | +€23,462 | +11.9% |
| Fixed assets | 21/28 | €2,272 | €1,597 | -€674 | -29.7% |
| Tangible fixed assets | 22/27 | €2,123 | €1,449 | -€674 | -31.8% |
| Plant, machinery and equipment | 23 | €1,703 | €1,365 | -€338 | -19.8% |
| Furniture and vehicles | 24 | €420 | €83 | -€337 | -80.2% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €194,116 | €218,252 | +€24,136 | +12.4% |
| Stocks and contracts in progress | 3 | €127,000 | €107,000 | -€20,000 | -15.7% |
| Contracts in progress | 37 | €127,000 | €107,000 | -€20,000 | -15.7% |
| Amounts receivable within one year | 40/41 | €65,190 | €109,162 | +€43,972 | +67.5% |
| Trade receivables | 40 | €64,281 | €107,898 | +€43,617 | +67.9% |
| Other amounts receivable | 41 | €909 | €1,264 | +€355 | +39.1% |
| Cash at bank and in hand | 54/58 | €1,926 | €2,090 | +€164 | +8.5% |
| Total equity and liabilities | 10/49 | €196,388 | €219,849 | +€23,462 | +11.9% |
| Equity | 10/15 | €88,666 | €62,091 | -€26,575 | -30.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,215 | €41,639 | -€26,575 | -39.0% |
| Amounts payable | 17/49 | €107,722 | €157,759 | +€50,037 | +46.5% |
| Amounts payable within one year | 42/48 | €107,692 | €157,759 | +€50,067 | +46.5% |
| Trade debts | 44 | €491 | €27,602 | +€27,110 | +5,520% |
| Suppliers | 440/4 | €491 | €27,602 | +€27,110 | +5,520% |
| Taxes, remuneration and social security | 45 | €1,585 | €1,803 | +€218 | +13.7% |
| Taxes | 450/3 | €1,585 | €1,803 | +€218 | +13.7% |
| Other amounts payable | 47/48 | €105,616 | €128,354 | +€22,739 | +21.5% |
| Accrued charges and deferred income | 492/3 | €30 | - | -€30 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €1,193 | +€33 | +2.9% |
| Other operating charges | 640/8 | €495 | €568 | +€73 | +14.7% |
| Gross operating margin | 9900 | €7,922 | -€24,551 | -€32,473 | |
| Operating profit (loss) | 9901 | €6,267 | -€26,312 | -€32,579 | |
| Financial income | 75/76B | €53 | - | -€53 | |
| Recurring financial income | 75 | €53 | - | -€53 | |
| Financial charges | 65/66B | €350 | €263 | -€87 | -24.9% |
| Recurring financial charges | 65 | €350 | €263 | -€87 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €5,969 | -€26,575 | -€32,545 | |
| Income taxes | 67/77 | €1,659 | - | -€1,659 | |
| Profit (loss) for the period | 9904 | €4,310 | -€26,575 | -€30,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,310 | -€26,575 | -€30,885 |
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 17 October 2026 via checked.be.