ACTIVE LIFE: 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 LIFE
Largest movements
- Receivables within one year +€13,441
up €13,441 (+285%), from €4,715 to €18,156
of which Trade receivables: +€11,208
- Tangible fixed assets -€11,656
down €11,656 (-38.1%), from €30,628 to €18,973
- Financial fixed assets -€7,295
no longer reported in 2025 (was €7,295)
- Cash +€3,275
up €3,275 (+46,128%), from €7 to €3,282
mainly Debts after one year (+€45,100) and Depreciation (+€13,700)
- Intangible fixed assets -€2,602
down €2,602 (-32.2%), from €8,090 to €5,488
- Debts after one year +€45,100
up €45,100 (+1,687%), from €2,673 to €47,773
- Current portion of long-term debt -€37,608
down €37,608 (-81.3%), from €46,281 to €8,673
- Other debts -€15,421
down €15,421 (-28.5%), from €54,055 to €38,634
- Tax, wage and social debts +€11,695
up €11,695 (+155%), from €7,532 to €19,227
of which Taxes: +€5,982
- Trade debts -€4,056
down €4,056 (-34.1%), from €11,879 to €7,823
- Purchases and services +€60,572
up €60,572 (+68.4%), from €88,618 to €149,190
- Turnover +€55,712
up €55,712 (+45.9%), from €121,423 to €177,135
- Gross operating margin -€8,030
down €8,030 (-17.4%), from €46,020 to €37,990
- Staff costs -€5,113
down €5,113 (-21.4%), from €23,860 to €18,748
- Depreciation -€3,182
down €3,182 (-18.8%), from €16,883 to €13,700
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 | €50,879 | €47,670 | -€3,209 | -6.3% |
| Fixed assets | 21/28 | €46,013 | €24,461 | -€21,552 | -46.8% |
| Intangible fixed assets | 21 | €8,090 | €5,488 | -€2,602 | -32.2% |
| Tangible fixed assets | 22/27 | €30,628 | €18,973 | -€11,656 | -38.1% |
| Plant, machinery and equipment | 23 | €6,829 | €2,564 | -€4,265 | -62.5% |
| Furniture and vehicles | 24 | €7,458 | €2,168 | -€5,290 | -70.9% |
| Other tangible fixed assets | 26 | €16,341 | €14,241 | -€2,100 | -12.9% |
| Financial fixed assets | 28 | €7,295 | - | -€7,295 | |
| Current assets | 29/58 | €4,866 | €23,210 | +€18,343 | +377% |
| Amounts receivable within one year | 40/41 | €4,715 | €18,156 | +€13,441 | +285% |
| Trade receivables | 40 | €4,431 | €15,639 | +€11,208 | +253% |
| Other amounts receivable | 41 | €284 | €2,517 | +€2,233 | +787% |
| Cash at bank and in hand | 54/58 | €7 | €3,282 | +€3,275 | +46,128% |
| Deferred charges and accrued income | 490/1 | €144 | €1,771 | +€1,627 | +1,127% |
| Total equity and liabilities | 10/49 | €50,879 | €47,670 | -€3,209 | -6.3% |
| Equity | 10/15 | -€71,540 | -€74,459 | -€2,919 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,859 | -€93,536 | +€323 | +0.3% |
| Investment grants | 15 | €3,719 | €477 | -€3,242 | -87.2% |
| Amounts payable | 17/49 | €122,419 | €122,130 | -€290 | -0.2% |
| Amounts payable after more than one year | 17 | €2,673 | €47,773 | +€45,100 | +1,687% |
| Financial debts | 170/4 | €2,673 | €47,773 | +€45,100 | +1,687% |
| Amounts payable within one year | 42/48 | €119,747 | €74,357 | -€45,389 | -37.9% |
| Current portion of amounts payable after more than one year | 42 | €46,281 | €8,673 | -€37,608 | -81.3% |
| Trade debts | 44 | €11,879 | €7,823 | -€4,056 | -34.1% |
| Suppliers | 440/4 | €11,879 | €7,823 | -€4,056 | -34.1% |
| Taxes, remuneration and social security | 45 | €7,532 | €19,227 | +€11,695 | +155% |
| Taxes | 450/3 | €4,372 | €10,354 | +€5,982 | +137% |
| Remuneration and social security | 454/9 | €3,160 | €8,873 | +€5,714 | +181% |
| Other amounts payable | 47/48 | €54,055 | €38,634 | -€15,421 | -28.5% |
| Turnover | 70 | €121,423 | €177,135 | +€55,712 | +45.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €88,618 | €149,190 | +€60,572 | +68.4% |
| Remuneration, social security and pensions | 62 | €23,860 | €18,748 | -€5,113 | -21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,883 | €13,700 | -€3,182 | -18.8% |
| Other operating charges | 640/8 | €569 | €1,918 | +€1,349 | +237% |
| Gross operating margin | 9900 | €46,020 | €37,990 | -€8,030 | -17.4% |
| Operating profit (loss) | 9901 | €4,708 | €3,625 | -€1,083 | -23.0% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €2,145 | €3,187 | +€1,043 | +48.6% |
| Recurring financial charges | 65 | €2,145 | €3,187 | +€1,043 | +48.6% |
| Profit (loss) for the period before taxes | 9903 | €2,563 | €448 | -€2,115 | -82.5% |
| Income taxes | 67/77 | - | €126 | +€126 | |
| Profit (loss) for the period | 9904 | €2,563 | €323 | -€2,241 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,563 | €323 | -€2,241 | -87.4% |
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.