Activ8it: 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.
Activ8it
Largest movements
- Receivables within one year +€28,513
up €28,513 (+83.5%), from €34,154 to €62,667
of which Trade receivables: +€29,815
- Tangible fixed assets +€22,574
up €22,574 (+8.6%), from €262,358 to €284,932
of which Plant, machinery and equipment: +€25,338
- Cash +€16,676
up €16,676 (+74.5%), from €22,378 to €39,055
mainly Net result for the year (+€111,298) and Other debts (+€32,733)
- Other debts +€32,733
up €32,733 (+41.6%), from €78,647 to €111,380
- Debts after one year +€15,366
up €15,366 (+11.0%), from €140,000 to €155,366
- Profit (loss) carried forward +€11,298
up €11,298 (+21.9%), from €51,590 to €62,889
- Gross operating margin +€102,816
up €102,816 (+165%), from €62,156 to €164,972
- Taxes +€15,508
up €15,508 (+107%), from €14,464 to €29,972
- Other operating charges -€4,014
down €4,014 (-76.0%), from €5,285 to €1,271
- Depreciation +€3,861
up €3,861 (+27.0%), from €14,312 to €18,173
- Financial charges -€1,820
down €1,820 (-29.9%), from €6,079 to €4,259
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 | €322,933 | €389,495 | +€66,562 | +20.6% |
| Fixed assets | 21/28 | €262,358 | €284,932 | +€22,574 | +8.6% |
| Tangible fixed assets | 22/27 | €262,358 | €284,932 | +€22,574 | +8.6% |
| Land and buildings | 22 | €226,895 | €221,678 | -€5,216 | -2.3% |
| Plant, machinery and equipment | 23 | €2,059 | €27,397 | +€25,338 | +1,231% |
| Furniture and vehicles | 24 | €10,019 | €9,055 | -€963 | -9.6% |
| Other tangible fixed assets | 26 | €23,385 | €26,801 | +€3,416 | +14.6% |
| Current assets | 29/58 | €60,575 | €104,563 | +€43,988 | +72.6% |
| Amounts receivable within one year | 40/41 | €34,154 | €62,667 | +€28,513 | +83.5% |
| Trade receivables | 40 | €24,675 | €54,490 | +€29,815 | +121% |
| Other amounts receivable | 41 | €9,479 | €8,177 | -€1,302 | -13.7% |
| Cash at bank and in hand | 54/58 | €22,378 | €39,055 | +€16,676 | +74.5% |
| Deferred charges and accrued income | 490/1 | €4,043 | €2,841 | -€1,202 | -29.7% |
| Total equity and liabilities | 10/49 | €322,933 | €389,495 | +€66,562 | +20.6% |
| Equity | 10/15 | €72,050 | €83,349 | +€11,298 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,590 | €62,889 | +€11,298 | +21.9% |
| Amounts payable | 17/49 | €250,883 | €306,146 | +€55,264 | +22.0% |
| Amounts payable after more than one year | 17 | €140,000 | €155,366 | +€15,366 | +11.0% |
| Financial debts | 170/4 | €140,000 | €155,366 | +€15,366 | +11.0% |
| Amounts payable within one year | 42/48 | €105,302 | €142,025 | +€36,723 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €8,277 | €9,835 | +€1,558 | +18.8% |
| Trade debts | 44 | €8,227 | €9,659 | +€1,432 | +17.4% |
| Suppliers | 440/4 | €8,227 | €9,659 | +€1,432 | +17.4% |
| Taxes, remuneration and social security | 45 | €10,151 | €11,150 | +€999 | +9.8% |
| Taxes | 450/3 | €10,151 | €11,150 | +€999 | +9.8% |
| Other amounts payable | 47/48 | €78,647 | €111,380 | +€32,733 | +41.6% |
| Accrued charges and deferred income | 492/3 | €5,581 | €8,756 | +€3,175 | +56.9% |
| Non-recurring operating income | 76A | - | €1,053 | +€1,053 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,312 | €18,173 | +€3,861 | +27.0% |
| Other operating charges | 640/8 | €5,285 | €1,271 | -€4,014 | -76.0% |
| Non-recurring operating charges | 66A | €1,979 | €0 | -€1,979 | -100% |
| Gross operating margin | 9900 | €62,156 | €164,972 | +€102,816 | +165% |
| Operating profit (loss) | 9901 | €40,580 | €145,528 | +€104,949 | +259% |
| Financial income | 75/76B | €5 | €1 | -€4 | -87.4% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -87.4% |
| Financial charges | 65/66B | €6,079 | €4,259 | -€1,820 | -29.9% |
| Recurring financial charges | 65 | €6,079 | €4,259 | -€1,820 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €34,506 | €141,270 | +€106,764 | +309% |
| Income taxes | 67/77 | €14,464 | €29,972 | +€15,508 | +107% |
| Profit (loss) for the period | 9904 | €20,042 | €111,298 | +€91,257 | +455% |
| Profit (loss) for the period to be appropriated | 9905 | €20,042 | €111,298 | +€91,257 | +455% |
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 16 October 2026 via checked.be.