ACTIVE P.A.: 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 P.A.
Largest movements
- Cash -€13,611
down €13,611 (-64.2%), from €21,206 to €7,595
mainly Net result for the year (-€8,357) and Receivables within one year (-€2,748)
- Receivables within one year +€2,748
up €2,748 (+934.9%), from €294 to €3,042
of which Trade receivables: +€2,420
- Profit (loss) carried forward -€8,357
down €8,357, from €7,122 to -€1,235
- Other debts -€2,500
down €2,500 (-98.0%), from €2,551 to €51
- Gross operating margin -€6,300
down €6,300 (-409.8%), from -€1,537 to -€7,837
- Taxes -€4,656
no longer reported in 2025 (was €4,656)
- Depreciation -€208
no longer reported in 2025 (was €208)
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 | €24,351 | €13,488 | -€10,863 | -44.6% |
| Fixed assets | 21/28 | €2,752 | €2,752 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,292 | €2,292 | = | 0.0% |
| Furniture and vehicles | 24 | €2,292 | €2,292 | = | 0.0% |
| Financial fixed assets | 28 | €460 | €460 | = | 0.0% |
| Current assets | 29/58 | €21,600 | €10,736 | -€10,863 | -50.3% |
| Amounts receivable within one year | 40/41 | €294 | €3,042 | +€2,748 | +934.9% |
| Trade receivables | 40 | - | €2,420 | +€2,420 | |
| Other amounts receivable | 41 | €294 | €622 | +€328 | +111.5% |
| Cash at bank and in hand | 54/58 | €21,206 | €7,595 | -€13,611 | -64.2% |
| Deferred charges and accrued income | 490/1 | €100 | €100 | = | 0.0% |
| Total equity and liabilities | 10/49 | €24,351 | €13,488 | -€10,863 | -44.6% |
| Equity | 10/15 | €19,973 | €11,616 | -€8,357 | -41.8% |
| Contributions | 10/11 | €12,851 | €12,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,122 | -€1,235 | -€8,357 | |
| Amounts payable | 17/49 | €4,378 | €1,872 | -€2,506 | -57.2% |
| Amounts payable within one year | 42/48 | €4,378 | €1,872 | -€2,506 | -57.2% |
| Trade debts | 44 | €1,827 | €1,821 | -€6 | -0.3% |
| Suppliers | 440/4 | €1,827 | €1,821 | -€6 | -0.3% |
| Other amounts payable | 47/48 | €2,551 | €51 | -€2,500 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €208 | - | -€208 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,537 | -€7,837 | -€6,300 | -409.8% |
| Operating profit (loss) | 9901 | -€2,133 | -€8,237 | -€6,104 | -286.2% |
| Financial charges | 65/66B | €77 | €120 | +€43 | +56.4% |
| Recurring financial charges | 65 | €77 | €120 | +€43 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,210 | -€8,357 | -€6,147 | -278.2% |
| Income taxes | 67/77 | €4,656 | - | -€4,656 | |
| Profit (loss) for the period | 9904 | -€6,866 | -€8,357 | -€1,491 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,866 | -€8,357 | -€1,491 | -21.7% |
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 12 October 2026 via checked.be.