Active Legacy: 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.
Active Legacy
Largest movements
- Receivables within one year +€582,350
up €582,350 (+103.2%), from €564,133 to €1.1m
of which Other amounts receivable: +€579,979
- Cash -€209,007
down €209,007 (-12.2%), from €1.7m to €1.5m
mainly Contributions, distributions and other (-€2.3m) and Receivables within one year (-€582,350)
- Other debts +€2.3m
new in 2025: €2.3m
- Profit (loss) carried forward -€1.7m
no longer reported in 2025 (was €1.7m)
- Tax, wage and social debts -€238,170
down €238,170 (-85.3%), from €279,193 to €41,023
- Financial income +€12,213
up €12,213 (+29.3%), from €41,740 to €53,953
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 | €2,374,106 | €2,739,223 | +€365,117 | +15.4% |
| Fixed assets | 21/28 | €89,189 | €92,436 | +€3,247 | +3.6% |
| Tangible fixed assets | 22/27 | €89,189 | €92,436 | +€3,247 | +3.6% |
| Furniture and vehicles | 24 | €12,255 | €15,502 | +€3,247 | +26.5% |
| Other tangible fixed assets | 26 | €76,934 | €76,934 | = | 0.0% |
| Current assets | 29/58 | €2,284,917 | €2,646,787 | +€361,870 | +15.8% |
| Amounts receivable within one year | 40/41 | €564,133 | €1,146,483 | +€582,350 | +103.2% |
| Trade receivables | 40 | €119,019 | €121,390 | +€2,371 | +2.0% |
| Other amounts receivable | 41 | €445,114 | €1,025,094 | +€579,979 | +130.3% |
| Cash at bank and in hand | 54/58 | €1,709,242 | €1,500,236 | -€209,007 | -12.2% |
| Deferred charges and accrued income | 490/1 | €11,542 | €69 | -€11,473 | -99.4% |
| Total equity and liabilities | 10/49 | €2,374,106 | €2,739,223 | +€365,117 | +15.4% |
| Equity | 10/15 | €2,058,497 | €364,700 | -€1.7m | -82.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €359,700 | €359,700 | = | 0.0% |
| Distributable reserves | 133 | €359,700 | €359,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,693,797 | - | -€1.7m | |
| Amounts payable | 17/49 | €315,609 | €2,374,523 | +€2.1m | +652.4% |
| Amounts payable within one year | 42/48 | €315,165 | €2,374,523 | +€2.1m | +653.4% |
| Trade debts | 44 | €35,972 | €12,862 | -€23,110 | -64.2% |
| Suppliers | 440/4 | €35,972 | €12,862 | -€23,110 | -64.2% |
| Taxes, remuneration and social security | 45 | €279,193 | €41,023 | -€238,170 | -85.3% |
| Taxes | 450/3 | €279,193 | €41,023 | -€238,170 | -85.3% |
| Other amounts payable | 47/48 | - | €2,320,639 | +€2.3m | |
| Accrued charges and deferred income | 492/3 | €444 | - | -€444 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,337 | €3,839 | +€2,502 | +187.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €812,566 | €805,311 | -€7,255 | -0.9% |
| Operating profit (loss) | 9901 | €810,262 | €800,474 | -€9,788 | -1.2% |
| Financial income | 75/76B | €41,740 | €53,953 | +€12,213 | +29.3% |
| Recurring financial income | 75 | €41,740 | €53,953 | +€12,213 | +29.3% |
| Financial charges | 65/66B | €5,034 | €4,694 | -€340 | -6.8% |
| Recurring financial charges | 65 | €5,034 | €4,694 | -€340 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €846,968 | €849,732 | +€2,764 | +0.3% |
| Income taxes | 67/77 | €224,721 | €222,891 | -€1,830 | -0.8% |
| Profit (loss) for the period | 9904 | €622,247 | €626,841 | +€4,594 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €622,247 | €626,841 | +€4,594 | +0.7% |
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 11 October 2026 via checked.be.