ACTitude: 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.
ACTitude
Largest movements
- Cash -€81,211
down €81,211 (-55.7%), from €145,754 to €64,543
mainly Contributions, distributions and other (-€213,997) and Receivables within one year (-€26,593)
- Receivables within one year +€26,593
up €26,593 (+28.7%), from €92,571 to €119,164
of which Trade receivables: +€19,770
- Tangible fixed assets -€5,627
down €5,627 (-27.6%), from €20,406 to €14,778
of which Furniture and vehicles: -€4,854
- Reserves -€80,719
down €80,719 (-45.8%), from €176,105 to €95,386
- Tax, wage and social debts +€19,350
up €19,350 (+35.5%), from €54,578 to €73,928
- Gross operating margin +€37,101
up €37,101 (+24.3%), from €152,576 to €189,678
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 | €265,788 | €203,048 | -€62,740 | -23.6% |
| Fixed assets | 21/28 | €20,427 | €14,778 | -€5,649 | -27.7% |
| Intangible fixed assets | 21 | €21 | €0 | -€21 | -100.0% |
| Tangible fixed assets | 22/27 | €20,406 | €14,778 | -€5,627 | -27.6% |
| Plant, machinery and equipment | 23 | €1,946 | €1,173 | -€774 | -39.7% |
| Furniture and vehicles | 24 | €18,459 | €13,605 | -€4,854 | -26.3% |
| Current assets | 29/58 | €245,361 | €188,269 | -€57,092 | -23.3% |
| Amounts receivable within one year | 40/41 | €92,571 | €119,164 | +€26,593 | +28.7% |
| Trade receivables | 40 | €13,548 | €33,318 | +€19,770 | +146% |
| Other amounts receivable | 41 | €79,023 | €85,846 | +€6,823 | +8.6% |
| Cash at bank and in hand | 54/58 | €145,754 | €64,543 | -€81,211 | -55.7% |
| Deferred charges and accrued income | 490/1 | €7,036 | €4,562 | -€2,473 | -35.2% |
| Total equity and liabilities | 10/49 | €265,788 | €203,048 | -€62,740 | -23.6% |
| Equity | 10/15 | €194,705 | €113,986 | -€80,719 | -41.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €176,105 | €95,386 | -€80,719 | -45.8% |
| Distributable reserves | 133 | €176,105 | €95,386 | -€80,719 | -45.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,083 | €89,062 | +€17,979 | +25.3% |
| Amounts payable after more than one year | 17 | €5,610 | €3,080 | -€2,530 | -45.1% |
| Financial debts | 170/4 | €5,610 | €3,080 | -€2,530 | -45.1% |
| Amounts payable within one year | 42/48 | €65,473 | €85,982 | +€20,509 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €2,433 | €2,530 | +€97 | +4.0% |
| Trade debts | 44 | €8,461 | €9,524 | +€1,062 | +12.6% |
| Suppliers | 440/4 | €8,461 | €9,524 | +€1,062 | +12.6% |
| Taxes, remuneration and social security | 45 | €54,578 | €73,928 | +€19,350 | +35.5% |
| Taxes | 450/3 | €54,578 | €73,928 | +€19,350 | +35.5% |
| Non-recurring operating income | 76A | €562 | €0 | -€562 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,845 | €7,193 | +€1,348 | +23.1% |
| Other operating charges | 640/8 | €1,750 | €1,609 | -€141 | -8.1% |
| Gross operating margin | 9900 | €152,576 | €189,678 | +€37,101 | +24.3% |
| Operating profit (loss) | 9901 | €144,982 | €180,876 | +€35,894 | +24.8% |
| Financial charges | 65/66B | €745 | €432 | -€313 | -42.0% |
| Recurring financial charges | 65 | €745 | €432 | -€313 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €144,237 | €180,444 | +€36,207 | +25.1% |
| Income taxes | 67/77 | €48,851 | €47,166 | -€1,684 | -3.4% |
| Profit (loss) for the period | 9904 | €95,386 | €133,278 | +€37,892 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,386 | €133,278 | +€37,892 | +39.7% |
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 13 October 2026 via checked.be.