ACTIVE BUSINESS SERVICES: 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.
What changed
ACTIVE BUSINESS SERVICES
NACE 46.500, Wholesale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€16,996
2024 · €37,018-€20,022
Equity
€147,690
2024 · €130,684+€17,006
Cash
€1,122
2024 · €12,965-€11,843
Balance sheet total
€485,440
2024 · €332,085+€153,355
Largest movements
Assets
- Tangible fixed assets +€187,802
up €187,802 (+65.7%), from €285,777 to €473,579
of which Land and buildings: +€193,362
- Receivables within one year -€22,604
down €22,604 (-67.8%), from €33,343 to €10,739
of which Other amounts receivable: -€16,318
- Cash -€11,843
down €11,843 (-91.3%), from €12,965 to €1,122
mainly Investment in fixed assets (net) (-€211,929) and Tax, wage and social debts (-€12,897)
Equity and liabilities
- Debts after one year +€126,343
up €126,343 (+74.7%), from €169,097 to €295,440
of which Financial debts: +€126,343
- Other debts +€16,920
up €16,920, from €0 to €16,920
- Reserves +€16,500
up €16,500 (+13.4%), from €123,100 to €139,600
of which Distributable reserves: +€16,500
- Tax, wage and social debts -€12,897
down €12,897 (-58.0%), from €22,243 to €9,346
of which Taxes: -€16,397
- Current portion of long-term debt +€5,153
up €5,153 (+54.9%), from €9,379 to €14,532
Income statement
- Depreciation +€16,631
up €16,631 (+222%), from €7,496 to €24,127
- Taxes -€11,023
down €11,023 (-58.4%), from €18,865 to €7,842
- Gross operating margin -€7,442
down €7,442 (-11.2%), from €66,639 to €59,197
- Financial charges +€7,198
up €7,198 (+580%), from €1,242 to €8,440
of which Financial charges: +€7,198
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.
Result 2024
€37,018
Gross operating margin
-€7,442
Depreciation
-€16,631
Other operating charges
+€251
Financial income
-€25
Financial charges
-€7,198
Taxes
+€11,023
Result 2025
€16,996
raises the resultlowers the result
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.
From operations
+€68,580
Investment
-€211,929
Financing
+€131,506
Cash 2024
€12,965
From operations (derived)
+€68,580
Net result for the year
+€16,996
Depreciation
+€24,127
Receivables within one year
+€22,604
Trade debts
+€80
Tax, wage and social debts
-€12,897
Other debts
+€16,920
Accrued charges and deferred income
+€750
Investment (derived)
-€211,929
Investment in fixed assets (net)
-€211,929
Financing
+€131,506
Debts after one year
+€126,343
Current portion of long-term debt
+€5,153
Contributions, distributions and other
+€10
Cash 2025
€1,122
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €332,085 | €485,440 | +€153,355 | +46.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €285,777 | €473,579 | +€187,802 | +65.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €285,777 | €473,579 | +€187,802 | +65.7% |
| Land and buildings | 22 | €242,750 | €436,112 | +€193,362 | +79.7% |
| Plant, machinery and equipment | 23 | €8,557 | €7,317 | -€1,240 | -14.5% |
| Furniture and vehicles | 24 | €34,470 | €30,150 | -€4,320 | -12.5% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €46,308 | €11,861 | -€34,447 | -74.4% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Stocks | 30/36 | €0 | €0 | = | |
| Contracts in progress | 37 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €33,343 | €10,739 | -€22,604 | -67.8% |
| Trade receivables | 40 | €12,239 | €5,953 | -€6,286 | -51.4% |
| Other amounts receivable | 41 | €21,104 | €4,786 | -€16,318 | -77.3% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €12,965 | €1,122 | -€11,843 | -91.3% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €332,085 | €485,440 | +€153,355 | +46.2% |
| Equity | 10/15 | €130,684 | €147,690 | +€17,006 | +13.0% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €123,100 | €139,600 | +€16,500 | +13.4% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,100 | €2,100 | = | 0.0% |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €121,000 | €137,500 | +€16,500 | +13.6% |
| Profit (loss) carried forward | 14 | €1,284 | €1,790 | +€506 | +39.4% |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | €0 | = | |
| Provisions for liabilities and charges | 160/5 | €0 | €0 | = | |
| Pensions and similar obligations | 160 | €0 | €0 | = | |
| Taxes | 161 | €0 | €0 | = | |
| Major repairs and maintenance | 162 | €0 | €0 | = | |
| Environmental obligations | 163 | €0 | €0 | = | |
| Other liabilities and charges | 164/5 | €0 | €0 | = | |
| Deferred taxes | 168 | €0 | €0 | = | |
| Amounts payable | 17/49 | €201,401 | €337,750 | +€136,349 | +67.7% |
| Amounts payable after more than one year | 17 | €169,097 | €295,440 | +€126,343 | +74.7% |
| Financial debts | 170/4 | €169,097 | €295,440 | +€126,343 | +74.7% |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €32,304 | €41,560 | +€9,256 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €9,379 | €14,532 | +€5,153 | +54.9% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €0 | €0 | = | |
| Trade debts | 44 | €682 | €762 | +€80 | +11.7% |
| Suppliers | 440/4 | €682 | €762 | +€80 | +11.7% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €22,243 | €9,346 | -€12,897 | -58.0% |
| Taxes | 450/3 | €22,243 | €5,846 | -€16,397 | -73.7% |
| Remuneration and social security | 454/9 | €0 | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €0 | €16,920 | +€16,920 | |
| Accrued charges and deferred income | 492/3 | €0 | €750 | +€750 | |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,496 | €24,127 | +€16,631 | +222% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €0 | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €0 | = | |
| Other operating charges | 640/8 | €2,043 | €1,792 | -€251 | -12.3% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €66,639 | €59,197 | -€7,442 | -11.2% |
| Operating profit (loss) | 9901 | €57,100 | €33,278 | -€23,822 | -41.7% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100% |
| Non-recurring financial income | 76B | €0 | €0 | = | |
| Financial charges | 65/66B | €1,242 | €8,440 | +€7,198 | +580% |
| Recurring financial charges | 65 | €1,242 | €8,440 | +€7,198 | +580% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €55,883 | €24,838 | -€31,045 | -55.6% |
| Transfer from deferred taxes | 780 | - | €0 | = | |
| Transfer to deferred taxes | 680 | - | €0 | = | |
| Income taxes | 67/77 | €18,865 | €7,842 | -€11,023 | -58.4% |
| Profit (loss) for the period | 9904 | €37,018 | €16,996 | -€20,022 | -54.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €37,018 | €16,996 | -€20,022 | -54.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.