Actiones: 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.
Actiones
Largest movements
- Cash -€32,538
down €32,538 (-42.0%), from €77,426 to €44,888
mainly Other debts (-€50,000) and Provisions (-€6,398)
- Tangible fixed assets -€25,645
down €25,645 (-5.1%), from €500,296 to €474,652
- Other debts -€50,000
down €50,000 (-30.9%), from €162,058 to €112,058
- Reserves -€12,426
down €12,426 (-5.1%), from €245,896 to €233,471
of which Tax-exempt reserves: -€12,426
- Profit (loss) carried forward +€10,582
up €10,582 (+532.5%), from €1,987 to €12,570
- Provisions -€6,398
down €6,398 (-5.1%), from €124,703 to €118,305
- Taxes +€3,859
up €3,859 (+76.3%), from €5,061 to €8,919
- Depreciation -€1,035
down €1,035 (-3.9%), from €26,679 to €25,645
- Gross operating margin +€553
up €553 (+1.8%), from €31,396 to €31,949
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 | €577,722 | €523,571 | -€54,152 | -9.4% |
| Fixed assets | 21/28 | €500,296 | €474,652 | -€25,645 | -5.1% |
| Tangible fixed assets | 22/27 | €500,296 | €474,652 | -€25,645 | -5.1% |
| Land and buildings | 22 | €500,296 | €474,652 | -€25,645 | -5.1% |
| Current assets | 29/58 | €77,426 | €48,919 | -€28,507 | -36.8% |
| Cash at bank and in hand | 54/58 | €77,426 | €44,888 | -€32,538 | -42.0% |
| Deferred charges and accrued income | 490/1 | - | €4,031 | +€4,031 | |
| Total equity and liabilities | 10/49 | €577,722 | €523,571 | -€54,152 | -9.4% |
| Equity | 10/15 | €285,068 | €283,224 | -€1,843 | -0.6% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €245,896 | €233,471 | -€12,426 | -5.1% |
| Tax-exempt reserves | 132 | €242,178 | €229,752 | -€12,426 | -5.1% |
| Distributable reserves | 133 | €3,718 | €3,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,987 | €12,570 | +€10,582 | +532.5% |
| Provisions and deferred taxes | 16 | €124,703 | €118,305 | -€6,398 | -5.1% |
| Deferred taxes | 168 | €124,703 | €118,305 | -€6,398 | -5.1% |
| Amounts payable | 17/49 | €167,952 | €122,042 | -€45,910 | -27.3% |
| Amounts payable within one year | 42/48 | €167,118 | €119,697 | -€47,421 | -28.4% |
| Trade debts | 44 | - | €720 | +€720 | |
| Suppliers | 440/4 | - | €720 | +€720 | |
| Taxes, remuneration and social security | 45 | €5,061 | €6,919 | +€1,859 | +36.7% |
| Taxes | 450/3 | €5,061 | €6,919 | +€1,859 | +36.7% |
| Other amounts payable | 47/48 | €162,058 | €112,058 | -€50,000 | -30.9% |
| Accrued charges and deferred income | 492/3 | €833 | €2,344 | +€1,511 | +181.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,679 | €25,645 | -€1,035 | -3.9% |
| Other operating charges | 640/8 | €5,253 | €5,237 | -€16 | -0.3% |
| Gross operating margin | 9900 | €31,396 | €31,949 | +€553 | +1.8% |
| Operating profit (loss) | 9901 | -€536 | €1,066 | +€1,603 | |
| Financial charges | 65/66B | €384 | €389 | +€5 | +1.2% |
| Recurring financial charges | 65 | €384 | €389 | +€5 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€920 | €678 | +€1,598 | |
| Transfer from deferred taxes | 780 | €6,398 | €6,398 | = | 0.0% |
| Income taxes | 67/77 | €5,061 | €8,919 | +€3,859 | +76.3% |
| Profit (loss) for the period | 9904 | €417 | -€1,843 | -€2,260 | |
| Transfer from tax-exempt reserves | 789 | €12,426 | €12,426 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,843 | €10,582 | -€2,260 | -17.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.