Activ'Services: what changed
Two fiscal 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.
Activ'Services
Largest movements
- Intangible fixed assets +€22,041
new in 2025: €22,041
- Cash +€20,037
up €20,037 (+47.8%), from €41,918 to €61,955
mainly Trade debts (+€40,916) and Tax, wage and social debts (+€29,912)
- Receivables within one year +€20,006
up €20,006 (+232.6%), from €8,602 to €28,608
of which Trade receivables: +€20,408
- Tangible fixed assets -€12,587
down €12,587 (-6.3%), from €198,794 to €186,207
of which Land and buildings: -€6,398
- Deferred charges and accrued income -€4,123
down €4,123 (-14.8%), from €27,827 to €23,703
- Trade debts +€40,916
up €40,916 (+51.6%), from €79,324 to €120,241
- Tax, wage and social debts +€29,912
up €29,912 (+21.6%), from €138,419 to €168,331
of which Remuneration and social security: +€27,191
- Debts after one year -€13,619
down €13,619 (-10.1%), from €134,989 to €121,370
- Profit (loss) carried forward -€12,411
down €12,411 (-6.8%), from -€183,045 to -€195,456
No income-statement line moved by more than 1% of the activity.
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 | €277,140 | €322,515 | +€45,375 | +16.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €198,794 | €208,249 | +€9,454 | +4.8% |
| Intangible fixed assets | 21 | - | €22,041 | +€22,041 | |
| Tangible fixed assets | 22/27 | €198,794 | €186,207 | -€12,587 | -6.3% |
| Land and buildings | 22 | €160,023 | €153,625 | -€6,398 | -4.0% |
| Plant, machinery and equipment | 23 | €1,288 | €650 | -€639 | -49.6% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €37,483 | €31,933 | -€5,550 | -14.8% |
| Current assets | 29/58 | €78,346 | €114,266 | +€35,920 | +45.8% |
| Amounts receivable within one year | 40/41 | €8,602 | €28,608 | +€20,006 | +232.6% |
| Trade receivables | 40 | €8,183 | €28,591 | +€20,408 | +249.4% |
| Other amounts receivable | 41 | €418 | €17 | -€402 | -96.0% |
| Cash at bank and in hand | 54/58 | €41,918 | €61,955 | +€20,037 | +47.8% |
| Deferred charges and accrued income | 490/1 | €27,827 | €23,703 | -€4,123 | -14.8% |
| Total equity and liabilities | 10/49 | €277,140 | €322,515 | +€45,375 | +16.4% |
| Equity | 10/15 | -€90,085 | -€102,496 | -€12,411 | -13.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €72,500 | €72,500 | = | 0.0% |
| Distributable reserves | 133 | €72,500 | €72,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€183,045 | -€195,456 | -€12,411 | -6.8% |
| Amounts payable | 17/49 | €367,225 | €425,011 | +€57,785 | +15.7% |
| Amounts payable after more than one year | 17 | €134,989 | €121,370 | -€13,619 | -10.1% |
| Financial debts | 170/4 | €134,989 | €121,370 | -€13,619 | -10.1% |
| Amounts payable within one year | 42/48 | €231,076 | €302,190 | +€71,114 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | €13,619 | +€286 | +2.1% |
| Trade debts | 44 | €79,324 | €120,241 | +€40,916 | +51.6% |
| Suppliers | 440/4 | €79,324 | €120,241 | +€40,916 | +51.6% |
| Taxes, remuneration and social security | 45 | €138,419 | €168,331 | +€29,912 | +21.6% |
| Taxes | 450/3 | €550 | €3,271 | +€2,721 | +494.4% |
| Remuneration and social security | 454/9 | €137,869 | €165,060 | +€27,191 | +19.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,160 | €1,450 | +€290 | +25.0% |
| Remuneration, social security and pensions | 62 | €1,153,498 | €1,160,483 | +€6,985 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,836 | €12,587 | -€249 | -1.9% |
| Other operating charges | 640/8 | €14,582 | €3,041 | -€11,541 | -79.1% |
| Non-recurring operating charges | 66A | €595 | €62 | -€533 | -89.5% |
| Gross operating margin | 9900 | €1,169,267 | €1,180,903 | +€11,636 | +1.0% |
| Operating profit (loss) | 9901 | -€12,245 | €4,729 | +€16,974 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €17,305 | €17,079 | -€227 | -1.3% |
| Recurring financial charges | 65 | €17,305 | €17,079 | -€227 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,549 | -€12,350 | +€17,199 | +58.2% |
| Income taxes | 67/77 | €570 | €61 | -€509 | -89.3% |
| Profit (loss) for the period | 9904 | -€30,120 | -€12,411 | +€17,709 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,120 | -€12,411 | +€17,709 | +58.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.