ACTIUM EDITIONS: 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.
ACTIUM EDITIONS
Largest movements
- Receivables within one year +€55,356
up €55,356 (+94.8%), from €58,382 to €113,737
of which Other amounts receivable: +€53,846
- Tangible fixed assets +€42,636
up €42,636 (+3,228%), from €1,321 to €43,956
- Intangible fixed assets -€28,242
down €28,242 (-40.8%), from €69,275 to €41,033
- Cash +€11,628
up €11,628 (+206%), from €5,632 to €17,259
mainly Debts after one year (+€31,883) and Trade debts (+€31,418)
- Deferred charges and accrued income -€4,599
down €4,599 (-89.8%), from €5,123 to €524
- Debts after one year +€31,883
new in 2025: €31,883
- Trade debts +€31,418
up €31,418 (+82.0%), from €38,312 to €69,730
- Profit (loss) carried forward +€9,749
up €9,749 (+32.4%), from -€30,098 to -€20,349
- Current portion of long-term debt +€7,503
new in 2025: €7,503
- Tax, wage and social debts +€4,564
up €4,564 (+55.6%), from €8,205 to €12,769
- Financial income -€4,632
down €4,632 (-87.9%), from €5,267 to €635
of which Financial income: -€4,632
- Gross operating margin +€4,151
up €4,151 (+6.8%), from €60,802 to €64,952
- Financial charges +€3,097
up €3,097 (+18.0%), from €17,211 to €20,308
- Taxes -€1,271
down €1,271 (-22.3%), from €5,689 to €4,418
- Depreciation +€662
up €662 (+2.3%), from €29,049 to €29,711
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 | €139,731 | €216,509 | +€76,778 | +54.9% |
| Fixed assets | 21/28 | €70,596 | €84,989 | +€14,394 | +20.4% |
| Intangible fixed assets | 21 | €69,275 | €41,033 | -€28,242 | -40.8% |
| Tangible fixed assets | 22/27 | €1,321 | €43,956 | +€42,636 | +3,228% |
| Furniture and vehicles | 24 | €1,321 | €43,956 | +€42,636 | +3,228% |
| Current assets | 29/58 | €69,136 | €131,520 | +€62,384 | +90.2% |
| Amounts receivable within one year | 40/41 | €58,382 | €113,737 | +€55,356 | +94.8% |
| Trade receivables | 40 | €27,659 | €29,168 | +€1,509 | +5.5% |
| Other amounts receivable | 41 | €30,723 | €84,569 | +€53,846 | +175% |
| Cash at bank and in hand | 54/58 | €5,632 | €17,259 | +€11,628 | +206% |
| Deferred charges and accrued income | 490/1 | €5,123 | €524 | -€4,599 | -89.8% |
| Total equity and liabilities | 10/49 | €139,731 | €216,509 | +€76,778 | +54.9% |
| Equity | 10/15 | -€8,098 | €1,651 | +€9,749 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,098 | -€20,349 | +€9,749 | +32.4% |
| Amounts payable | 17/49 | €147,830 | €214,858 | +€67,029 | +45.3% |
| Amounts payable after more than one year | 17 | - | €31,883 | +€31,883 | |
| Financial debts | 170/4 | - | €31,883 | +€31,883 | |
| Amounts payable within one year | 42/48 | €143,488 | €182,576 | +€39,087 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,503 | +€7,503 | |
| Financial debts | 43 | €95,790 | €92,574 | -€3,216 | -3.4% |
| Credit institutions | 430/8 | €95,790 | €92,574 | -€3,216 | -3.4% |
| Trade debts | 44 | €38,312 | €69,730 | +€31,418 | +82.0% |
| Suppliers | 440/4 | €38,312 | €69,730 | +€31,418 | +82.0% |
| Taxes, remuneration and social security | 45 | €8,205 | €12,769 | +€4,564 | +55.6% |
| Taxes | 450/3 | €8,205 | €12,769 | +€4,564 | +55.6% |
| Other amounts payable | 47/48 | €1,181 | - | -€1,181 | |
| Accrued charges and deferred income | 492/3 | €4,341 | €400 | -€3,941 | -90.8% |
| Non-recurring operating income | 76A | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,049 | €29,711 | +€662 | +2.3% |
| Other operating charges | 640/8 | €1,138 | €1,401 | +€262 | +23.0% |
| Gross operating margin | 9900 | €60,802 | €64,952 | +€4,151 | +6.8% |
| Operating profit (loss) | 9901 | €30,614 | €33,841 | +€3,226 | +10.5% |
| Financial income | 75/76B | €5,267 | €635 | -€4,632 | -87.9% |
| Recurring financial income | 75 | €5,267 | €635 | -€4,632 | -87.9% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €17,211 | €20,308 | +€3,097 | +18.0% |
| Recurring financial charges | 65 | €17,211 | €20,308 | +€3,097 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €18,670 | €14,167 | -€4,503 | -24.1% |
| Income taxes | 67/77 | €5,689 | €4,418 | -€1,271 | -22.3% |
| Profit (loss) for the period | 9904 | €12,981 | €9,749 | -€3,232 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,981 | €9,749 | -€3,232 | -24.9% |
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 19 October 2026 via checked.be.