ACTIVCOM: 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.
ACTIVCOM
Largest movements
- Tangible fixed assets +€37,519
up €37,519 (+9,603%), from €391 to €37,909
- Cash -€27,040
down €27,040 (-16.3%), from €166,185 to €139,144
mainly Investment in fixed assets (net) (-€43,186) and Trade debts (-€4,714)
- Debts after one year +€15,898
new in 2025: €15,898
- Trade debts -€4,714
down €4,714 (-57.7%), from €8,172 to €3,458
- Taxes -€9,118
down €9,118 (-98.5%), from €9,259 to €141
- Financial charges -€1,575
down €1,575, from €141 to -€1,435
- Depreciation -€1,308
down €1,308 (-18.8%), from €6,976 to €5,668
- Financial income -€1,243
down €1,243 (-93.8%), from €1,324 to €82
- Other operating charges +€239
up €239 (+69.5%), from €344 to €583
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 | €203,197 | €212,995 | +€9,798 | +4.8% |
| Fixed assets | 21/28 | €391 | €37,909 | +€37,519 | +9,603% |
| Tangible fixed assets | 22/27 | €391 | €37,909 | +€37,519 | +9,603% |
| Furniture and vehicles | 24 | €391 | €37,909 | +€37,519 | +9,603% |
| Current assets | 29/58 | €202,806 | €175,086 | -€27,721 | -13.7% |
| Amounts receivable within one year | 40/41 | €36,622 | €35,143 | -€1,479 | -4.0% |
| Trade receivables | 40 | €11,719 | €15,489 | +€3,770 | +32.2% |
| Other amounts receivable | 41 | €24,902 | €19,654 | -€5,248 | -21.1% |
| Cash at bank and in hand | 54/58 | €166,185 | €139,144 | -€27,040 | -16.3% |
| Deferred charges and accrued income | 490/1 | - | €798 | +€798 | |
| Total equity and liabilities | 10/49 | €203,197 | €212,995 | +€9,798 | +4.8% |
| Equity | 10/15 | €194,885 | €192,842 | -€2,043 | -1.0% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €2,074 | €2,074 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,074 | €2,074 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,074 | €2,074 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,211 | €22,168 | -€2,043 | -8.4% |
| Amounts payable | 17/49 | €8,312 | €20,153 | +€11,841 | +142% |
| Amounts payable after more than one year | 17 | - | €15,898 | +€15,898 | |
| Financial debts | 170/4 | - | €15,898 | +€15,898 | |
| Amounts payable within one year | 42/48 | €8,312 | €4,255 | -€4,057 | -48.8% |
| Trade debts | 44 | €8,172 | €3,458 | -€4,714 | -57.7% |
| Suppliers | 440/4 | €8,172 | €3,458 | -€4,714 | -57.7% |
| Taxes, remuneration and social security | 45 | €140 | €797 | +€658 | +471% |
| Taxes | 450/3 | €140 | €797 | +€658 | +471% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,976 | €5,668 | -€1,308 | -18.8% |
| Other operating charges | 640/8 | €344 | €583 | +€239 | +69.5% |
| Non-recurring operating charges | 66A | €2,005 | - | -€2,005 | |
| Gross operating margin | 9900 | €2,604 | €2,832 | +€229 | +8.8% |
| Operating profit (loss) | 9901 | -€6,721 | -€3,418 | +€3,303 | +49.1% |
| Financial income | 75/76B | €1,324 | €82 | -€1,243 | -93.8% |
| Recurring financial income | 75 | €1,324 | €82 | -€1,243 | -93.8% |
| Financial charges | 65/66B | €141 | -€1,435 | -€1,575 | |
| Recurring financial charges | 65 | €141 | -€1,435 | -€1,575 | |
| Profit (loss) for the period before taxes | 9903 | -€5,538 | -€1,902 | +€3,636 | +65.7% |
| Income taxes | 67/77 | €9,259 | €141 | -€9,118 | -98.5% |
| Profit (loss) for the period | 9904 | -€14,796 | -€2,043 | +€12,753 | +86.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,796 | -€2,043 | +€12,753 | +86.2% |
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 15 October 2026 via checked.be.