ACTIVA: 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.
ACTIVA
Largest movements
- Receivables within one year +€23,235
up €23,235 (+35901.5%), from €65 to €23,300
of which Trade receivables: +€19,500
- Cash +€12,581
up €12,581 (+20.6%), from €60,980 to €73,561
mainly Net result for the year (+€28,893) and Trade debts (+€8,488)
- Tangible fixed assets +€5,426
new in 2025: €5,426
of which Furniture and vehicles: +€3,650
- Reserves +€28,893
up €28,893 (+100.6%), from €28,732 to €57,624
- Trade debts +€8,488
up €8,488 (+599.8%), from €1,415 to €9,904
- Tax, wage and social debts +€4,229
up €4,229 (+73.6%), from €5,745 to €9,974
- Gross operating margin +€25,936
up €25,936 (+129.1%), from €20,084 to €46,019
- Taxes +€10,519
up €10,519 (+183.1%), from €5,745 to €16,264
- Staff costs -€2,375
down €2,375 (-83.7%), from €2,838 to €463
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 | €61,045 | €102,287 | +€41,242 | +67.6% |
| Fixed assets | 21/28 | - | €5,426 | +€5,426 | |
| Tangible fixed assets | 22/27 | - | €5,426 | +€5,426 | |
| Plant, machinery and equipment | 23 | - | €1,776 | +€1,776 | |
| Furniture and vehicles | 24 | - | €3,650 | +€3,650 | |
| Current assets | 29/58 | €61,045 | €96,861 | +€35,816 | +58.7% |
| Amounts receivable within one year | 40/41 | €65 | €23,300 | +€23,235 | +35901.5% |
| Trade receivables | 40 | €65 | €19,564 | +€19,500 | +30129.1% |
| Other amounts receivable | 41 | - | €3,736 | +€3,736 | |
| Cash at bank and in hand | 54/58 | €60,980 | €73,561 | +€12,581 | +20.6% |
| Total equity and liabilities | 10/49 | €61,045 | €102,287 | +€41,242 | +67.6% |
| Equity | 10/15 | €51,034 | €79,927 | +€28,893 | +56.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,732 | €57,624 | +€28,893 | +100.6% |
| Distributable reserves | 133 | €28,732 | €57,624 | +€28,893 | +100.6% |
| Profit (loss) carried forward | 14 | €9,903 | €9,903 | +€0 | 0.0% |
| Amounts payable | 17/49 | €10,011 | €22,360 | +€12,349 | +123.4% |
| Amounts payable within one year | 42/48 | €10,011 | €22,360 | +€12,349 | +123.4% |
| Trade debts | 44 | €1,415 | €9,904 | +€8,488 | +599.8% |
| Suppliers | 440/4 | €1,415 | €9,904 | +€8,488 | +599.8% |
| Taxes, remuneration and social security | 45 | €5,745 | €9,974 | +€4,229 | +73.6% |
| Taxes | 450/3 | €5,745 | €9,974 | +€4,229 | +73.6% |
| Other amounts payable | 47/48 | €2,851 | €2,483 | -€367 | -12.9% |
| Remuneration, social security and pensions | 62 | €2,838 | €463 | -€2,375 | -83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €158 | +€158 | |
| Other operating charges | 640/8 | €238 | €209 | -€29 | -12.1% |
| Gross operating margin | 9900 | €20,084 | €46,019 | +€25,936 | +129.1% |
| Operating profit (loss) | 9901 | €17,008 | €45,190 | +€28,181 | +165.7% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €16,965 | €45,157 | +€28,192 | +166.2% |
| Income taxes | 67/77 | €5,745 | €16,264 | +€10,519 | +183.1% |
| Profit (loss) for the period | 9904 | €11,220 | €28,893 | +€17,673 | +157.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,220 | €28,893 | +€17,673 | +157.5% |
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 6 October 2026 via checked.be.