ACTIVE NETWORX: 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 NETWORX
Largest movements
- Cash -€12,343
down €12,343 (-13.7%), from €90,211 to €77,867
mainly Other debts (-€17,595) and Receivables within one year (-€9,127)
- Receivables within one year +€9,127
up €9,127 (+18.9%), from €48,271 to €57,398
of which Trade receivables: +€8,438
- Deferred charges and accrued income -€3,026
down €3,026 (-46.6%), from €6,496 to €3,470
- Tangible fixed assets -€2,028
down €2,028 (-5.9%), from €34,310 to €32,282
of which Plant, machinery and equipment: -€4,013
- Other debts -€17,595
down €17,595 (-22.7%), from €77,416 to €59,821
- Trade debts +€10,029
up €10,029 (+371%), from €2,704 to €12,732
- Gross operating margin -€10,971
down €10,971 (-42.3%), from €25,949 to €14,978
- Depreciation -€1,871
down €1,871 (-16.4%), from €11,407 to €9,536
- Taxes -€484
down €484 (-13.8%), from €3,497 to €3,013
- Financial income +€298
up €298 (+119%), from €249 to €547
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 | €179,287 | €171,018 | -€8,270 | -4.6% |
| Fixed assets | 21/28 | €34,310 | €32,282 | -€2,028 | -5.9% |
| Tangible fixed assets | 22/27 | €34,310 | €32,282 | -€2,028 | -5.9% |
| Land and buildings | 22 | €8,494 | €7,381 | -€1,113 | -13.1% |
| Plant, machinery and equipment | 23 | €11,949 | €7,936 | -€4,013 | -33.6% |
| Furniture and vehicles | 24 | €9,908 | €7,188 | -€2,719 | -27.4% |
| Other tangible fixed assets | 26 | €3,959 | €9,777 | +€5,818 | +147% |
| Current assets | 29/58 | €144,978 | €138,735 | -€6,242 | -4.3% |
| Amounts receivable within one year | 40/41 | €48,271 | €57,398 | +€9,127 | +18.9% |
| Trade receivables | 40 | €48,173 | €56,611 | +€8,438 | +17.5% |
| Other amounts receivable | 41 | €98 | €787 | +€689 | +704% |
| Cash at bank and in hand | 54/58 | €90,211 | €77,867 | -€12,343 | -13.7% |
| Deferred charges and accrued income | 490/1 | €6,496 | €3,470 | -€3,026 | -46.6% |
| Total equity and liabilities | 10/49 | €179,287 | €171,018 | -€8,270 | -4.6% |
| Equity | 10/15 | €66,270 | €66,794 | +€525 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60,307 | €60,307 | = | 0.0% |
| Distributable reserves | 133 | €60,307 | €60,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,438 | -€5,913 | +€525 | +8.1% |
| Amounts payable | 17/49 | €113,018 | €104,224 | -€8,794 | -7.8% |
| Amounts payable within one year | 42/48 | €101,421 | €94,401 | -€7,021 | -6.9% |
| Trade debts | 44 | €2,704 | €12,732 | +€10,029 | +371% |
| Suppliers | 440/4 | €2,704 | €12,732 | +€10,029 | +371% |
| Taxes, remuneration and social security | 45 | €21,302 | €21,847 | +€545 | +2.6% |
| Taxes | 450/3 | €14,895 | €15,381 | +€486 | +3.3% |
| Remuneration and social security | 454/9 | €6,407 | €6,466 | +€59 | +0.9% |
| Other amounts payable | 47/48 | €77,416 | €59,821 | -€17,595 | -22.7% |
| Accrued charges and deferred income | 492/3 | €11,597 | €9,823 | -€1,774 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,407 | €9,536 | -€1,871 | -16.4% |
| Other operating charges | 640/8 | €937 | €1,053 | +€116 | +12.4% |
| Gross operating margin | 9900 | €25,949 | €14,978 | -€10,971 | -42.3% |
| Operating profit (loss) | 9901 | €13,605 | €4,389 | -€9,216 | -67.7% |
| Financial income | 75/76B | €249 | €547 | +€298 | +119% |
| Recurring financial income | 75 | €249 | €547 | +€298 | +119% |
| Financial charges | 65/66B | €1,388 | €1,398 | +€11 | +0.8% |
| Recurring financial charges | 65 | €1,388 | €1,398 | +€11 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €12,467 | €3,537 | -€8,929 | -71.6% |
| Income taxes | 67/77 | €3,497 | €3,013 | -€484 | -13.8% |
| Profit (loss) for the period | 9904 | €8,970 | €525 | -€8,445 | -94.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,970 | €525 | -€8,445 | -94.2% |
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 18 October 2026 via checked.be.