ACTION & PLEASURE: 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 & PLEASURE
Largest movements
- Receivables within one year +€16,428
up €16,428 (+29.0%), from €56,654 to €73,081
of which Other amounts receivable: +€22,865
- Tangible fixed assets -€4,266
down €4,266 (-76.0%), from €5,612 to €1,345
- Cash -€912
down €912 (-57.0%), from €1,601 to €689
mainly Receivables within one year (-€16,428) and Contributions, distributions and other (-€12,000)
- Reserves +€13,705
up €13,705 (+66.4%), from €20,628 to €34,332
- Debts after one year -€5,442
down €5,442 (-65.1%), from €8,359 to €2,917
- Tax, wage and social debts +€1,838
up €1,838 (+35.3%), from €5,204 to €7,042
- Other debts +€1,400
up €1,400 (+13.2%), from €10,600 to €12,000
- Current portion of long-term debt -€968
down €968 (-13.9%), from €6,966 to €5,998
- Gross operating margin +€6,854
up €6,854 (+22.8%), from €30,105 to €36,959
- Taxes +€1,752
up €1,752 (+33.7%), from €5,204 to €6,955
- Other operating charges -€1,469
down €1,469 (-57.9%), from €2,539 to €1,070
- Financial income +€1,177
up €1,177 (+152.4%), from €772 to €1,949
- Depreciation -€610
down €610 (-12.5%), from €4,877 to €4,266
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 | €72,367 | €83,616 | +€11,249 | +15.5% |
| Fixed assets | 21/28 | €5,612 | €1,345 | -€4,266 | -76.0% |
| Tangible fixed assets | 22/27 | €5,612 | €1,345 | -€4,266 | -76.0% |
| Furniture and vehicles | 24 | €5,612 | €1,345 | -€4,266 | -76.0% |
| Current assets | 29/58 | €66,755 | €82,271 | +€15,516 | +23.2% |
| Amounts receivable after more than one year | 29 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 291 | €8,500 | €8,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,654 | €73,081 | +€16,428 | +29.0% |
| Trade receivables | 40 | €36,155 | €29,718 | -€6,437 | -17.8% |
| Other amounts receivable | 41 | €20,499 | €43,364 | +€22,865 | +111.5% |
| Cash at bank and in hand | 54/58 | €1,601 | €689 | -€912 | -57.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €72,367 | €83,616 | +€11,249 | +15.5% |
| Equity | 10/15 | €39,228 | €52,932 | +€13,705 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,628 | €34,332 | +€13,705 | +66.4% |
| Distributable reserves | 133 | €20,628 | €34,332 | +€13,705 | +66.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €33,139 | €30,684 | -€2,455 | -7.4% |
| Amounts payable after more than one year | 17 | €8,359 | €2,917 | -€5,442 | -65.1% |
| Financial debts | 170/4 | €8,359 | €2,917 | -€5,442 | -65.1% |
| Amounts payable within one year | 42/48 | €24,779 | €27,766 | +€2,987 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €6,966 | €5,998 | -€968 | -13.9% |
| Trade debts | 44 | €2,010 | €2,726 | +€717 | +35.7% |
| Suppliers | 440/4 | €2,010 | €2,726 | +€717 | +35.7% |
| Taxes, remuneration and social security | 45 | €5,204 | €7,042 | +€1,838 | +35.3% |
| Taxes | 450/3 | €5,204 | €7,042 | +€1,838 | +35.3% |
| Other amounts payable | 47/48 | €10,600 | €12,000 | +€1,400 | +13.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,877 | €4,266 | -€610 | -12.5% |
| Other operating charges | 640/8 | €2,539 | €1,070 | -€1,469 | -57.9% |
| Gross operating margin | 9900 | €30,105 | €36,959 | +€6,854 | +22.8% |
| Operating profit (loss) | 9901 | €22,689 | €31,623 | +€8,934 | +39.4% |
| Financial income | 75/76B | €772 | €1,949 | +€1,177 | +152.4% |
| Recurring financial income | 75 | €772 | €1,949 | +€1,177 | +152.4% |
| Financial charges | 65/66B | €990 | €912 | -€78 | -7.9% |
| Recurring financial charges | 65 | €990 | €912 | -€78 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €22,471 | €32,660 | +€10,189 | +45.3% |
| Income taxes | 67/77 | €5,204 | €6,955 | +€1,752 | +33.7% |
| Profit (loss) for the period | 9904 | €17,268 | €25,705 | +€8,437 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,268 | €25,705 | +€8,437 | +48.9% |
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 9 October 2026 via checked.be.