ActiveMind: 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.
ActiveMind
Largest movements
- Receivables within one year +€23,758
up €23,758 (+210%), from €11,317 to €35,075
of which Trade receivables: +€32,647
- Cash +€20,122
up €20,122 (+26.2%), from €76,675 to €96,797
mainly Other debts (+€38,775) and Net result for the year (+€36,617)
- Deferred charges and accrued income +€5,598
up €5,598 (+298%), from €1,879 to €7,477
- Other debts +€38,775
up €38,775 (+57.0%), from €68,079 to €106,854
- Trade debts +€4,420
up €4,420 (+184%), from €2,397 to €6,817
- Tax, wage and social debts +€3,765
up €3,765 (+126%), from €3,000 to €6,765
- Accrued charges and deferred income +€2,047
up €2,047 (+136%), from €1,500 to €3,547
- Gross operating margin -€25,665
down €25,665 (-30.6%), from €83,903 to €58,238
- Financial charges +€2,331
up €2,331 (+1,290%), from €181 to €2,511
- Taxes -€1,826
down €1,826 (-10.7%), from €17,009 to €15,182
- Depreciation -€939
down €939 (-29.2%), from €3,215 to €2,277
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 | €94,172 | €142,928 | +€48,756 | +51.8% |
| Fixed assets | 21/28 | €4,302 | €3,580 | -€722 | -16.8% |
| Tangible fixed assets | 22/27 | €4,302 | €3,580 | -€722 | -16.8% |
| Furniture and vehicles | 24 | €4,302 | €3,580 | -€722 | -16.8% |
| Current assets | 29/58 | €89,870 | €139,348 | +€49,478 | +55.1% |
| Amounts receivable within one year | 40/41 | €11,317 | €35,075 | +€23,758 | +210% |
| Trade receivables | 40 | €0 | €32,647 | +€32,647 | |
| Other amounts receivable | 41 | €11,317 | €2,427 | -€8,889 | -78.6% |
| Cash at bank and in hand | 54/58 | €76,675 | €96,797 | +€20,122 | +26.2% |
| Deferred charges and accrued income | 490/1 | €1,879 | €7,477 | +€5,598 | +298% |
| Total equity and liabilities | 10/49 | €94,172 | €142,928 | +€48,756 | +51.8% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,622 | €124,378 | +€48,756 | +64.5% |
| Amounts payable within one year | 42/48 | €74,122 | €120,831 | +€46,709 | +63.0% |
| Current portion of amounts payable after more than one year | 42 | - | €394 | +€394 | |
| Financial debts | 43 | €646 | €0 | -€646 | -100% |
| Credit institutions | 430/8 | €646 | €0 | -€646 | -100% |
| Trade debts | 44 | €2,397 | €6,817 | +€4,420 | +184% |
| Suppliers | 440/4 | €2,397 | €6,817 | +€4,420 | +184% |
| Taxes, remuneration and social security | 45 | €3,000 | €6,765 | +€3,765 | +126% |
| Taxes | 450/3 | €3,000 | €6,765 | +€3,765 | +126% |
| Other amounts payable | 47/48 | €68,079 | €106,854 | +€38,775 | +57.0% |
| Accrued charges and deferred income | 492/3 | €1,500 | €3,547 | +€2,047 | +136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,215 | €2,277 | -€939 | -29.2% |
| Other operating charges | 640/8 | €1,159 | €1,651 | +€493 | +42.5% |
| Gross operating margin | 9900 | €83,903 | €58,238 | -€25,665 | -30.6% |
| Operating profit (loss) | 9901 | €79,528 | €54,310 | -€25,218 | -31.7% |
| Financial income | 75/76B | €8 | €1 | -€7 | -89.0% |
| Recurring financial income | 75 | €8 | €1 | -€7 | -89.0% |
| Financial charges | 65/66B | €181 | €2,511 | +€2,331 | +1,290% |
| Recurring financial charges | 65 | €181 | €2,511 | +€2,331 | +1,290% |
| Profit (loss) for the period before taxes | 9903 | €79,356 | €51,800 | -€27,556 | -34.7% |
| Income taxes | 67/77 | €17,009 | €15,182 | -€1,826 | -10.7% |
| Profit (loss) for the period | 9904 | €62,347 | €36,617 | -€25,730 | -41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €62,347 | €36,617 | -€25,730 | -41.3% |
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 16 October 2026 via checked.be.