ActiVent Wallonie: what changed
What changed
ActiVent Wallonie
NACE 35.120, Electricity, gas, steam and air conditioning supply
filed annual accounts (NBB)
Net result for the year
-€15.1m
2024 · -€310,954-€14.7m
Equity
€18.6m
2024 · €14.9m+€3.6m
Cash
€849,458
2024 · €1.5m-€605,966
Balance sheet total
€102.1m
2024 · €83.0m+€19.0m
Largest movements
Assets
- Tangible fixed assets +€17.5m
up €17.5m (+21.9%), from €79.9m to €97.4m
of which Plant, machinery and equipment: +€28.0m
- Receivables within one year +€2.1m
up €2.1m (+146%), from €1.5m to €3.6m
of which Other amounts receivable: +€1.3m
Equity and liabilities
- Debts after one year +€21.0m
up €21.0m (+38.1%), from €55.1m to €76.1m
- Contributions +€18.7m
up €18.7m (+125%), from €15.0m to €33.7m
- Profit (loss) carried forward -€15.1m
down €15.1m (-4,998%), from -€301,359 to -€15.4m
- Trade debts -€6.2m
down €6.2m (-73.0%), from €8.5m to €2.3m
Income statement
- Depreciation +€1.2m
up €1.2m (+66.1%), from €1.8m to €3.0m
- Financial charges +€1.1m
up €1.1m (+87.0%), from €1.3m to €2.3m
- Turnover +€787,975
up €787,975 (+17.8%), from €4.4m to €5.2m
- Services and other goods +€585,888
up €585,888 (+40.3%), from €1.5m to €2.0m
- Other operating charges +€245,665
up €245,665 (+174%), from €140,893 to €386,558
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€310,954
Turnover
+€787,975
Other operating income
-€20,852
Services and other goods
-€585,888
Depreciation
-€1.2m
Provisions
-€121,867
Other operating charges
-€245,665
Other operating items
-€12.3m
Financial income
+€63,862
Financial charges
-€1.1m
Result 2025
-€15.1m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€19.8m
Investment
-€20.5m
Financing
+€39.7m
Cash 2024
€1.5m
From operations (derived)
-€19.8m
Net result for the year
-€15.1m
Depreciation
+€3.0m
Receivables within one year
-€2.1m
Deferred charges and accrued income
-€57,187
Provisions
+€171,908
Trade debts
-€6.2m
Smaller working-capital items
+€24,817
Accrued charges and deferred income
+€388,056
Investment (derived)
-€20.5m
Investment in fixed assets (net)
-€20.5m
Financing
+€39.7m
Debts after one year
+€21.0m
Contributions, distributions and other
+€18.7m
Cash 2025
€849,458
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,034,634 | €102,084,284 | +€19.0m | +22.9% |
| Formation expenses | 20 | - | €4,357 | +€4,357 | |
| Fixed assets | 21/28 | €79,926,051 | €97,404,017 | +€17.5m | +21.9% |
| Tangible fixed assets | 22/27 | €79,926,051 | €97,404,017 | +€17.5m | +21.9% |
| Plant, machinery and equipment | 23 | €34,214,312 | €62,207,713 | +€28.0m | +81.8% |
| Assets under construction and advance payments | 27 | €45,711,739 | €35,196,305 | -€10.5m | -23.0% |
| Current assets | 29/58 | €3,108,583 | €4,675,910 | +€1.6m | +50.4% |
| Amounts receivable within one year | 40/41 | €1,450,031 | €3,566,136 | +€2.1m | +146% |
| Trade receivables | 40 | €1,237,258 | €2,009,183 | +€771,925 | +62.4% |
| Other amounts receivable | 41 | €212,772 | €1,556,953 | +€1.3m | +632% |
| Cash at bank and in hand | 54/58 | €1,455,424 | €849,458 | -€605,966 | -41.6% |
| Deferred charges and accrued income | 490/1 | €203,129 | €260,316 | +€57,187 | +28.2% |
| Total equity and liabilities | 10/49 | €83,034,634 | €102,084,284 | +€19.0m | +22.9% |
| Equity | 10/15 | €14,938,803 | €18,567,931 | +€3.6m | +24.3% |
| Contributions | 10/11 | €15,003,183 | €33,693,184 | +€18.7m | +125% |
| Reserves | 13 | €236,980 | €236,980 | = | 0.0% |
| Non-distributable reserves | 130/1 | €236,980 | €236,980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €236,980 | €236,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€301,359 | -€15,362,232 | -€15.1m | -4,998% |
| Provisions and deferred taxes | 16 | €185,828 | €357,736 | +€171,908 | +92.5% |
| Provisions for liabilities and charges | 160/5 | €185,828 | €357,736 | +€171,908 | +92.5% |
| Environmental obligations | 163 | €185,828 | €357,736 | +€171,908 | +92.5% |
| Amounts payable | 17/49 | €67,910,003 | €83,158,616 | +€15.2m | +22.5% |
| Amounts payable after more than one year | 17 | €55,097,946 | €76,105,751 | +€21.0m | +38.1% |
| Financial debts | 170/4 | €55,097,946 | €76,105,751 | +€21.0m | +38.1% |
| Other loans | 174 | €55,097,946 | €76,105,751 | +€21.0m | +38.1% |
| Amounts payable within one year | 42/48 | €8,450,577 | €2,303,328 | -€6.1m | -72.7% |
| Trade debts | 44 | €8,450,577 | €2,278,511 | -€6.2m | -73.0% |
| Suppliers | 440/4 | €8,450,577 | €2,278,511 | -€6.2m | -73.0% |
| Taxes, remuneration and social security | 45 | - | €24,811 | +€24,811 | |
| Taxes | 450/3 | - | €24,811 | +€24,811 | |
| Other amounts payable | 47/48 | - | €6 | +€6 | |
| Accrued charges and deferred income | 492/3 | €4,361,480 | €4,749,537 | +€388,056 | +8.9% |
| Operating income | 70/76A | €4,452,680 | €5,219,803 | +€767,122 | +17.2% |
| Turnover | 70 | €4,431,664 | €5,219,638 | +€787,975 | +17.8% |
| Other operating income | 74 | €21,017 | €165 | -€20,852 | -99.2% |
| Operating charges | 60/66A | €3,575,739 | €18,068,020 | +€14.5m | +405% |
| Services and other goods | 61 | €1,453,964 | €2,039,853 | +€585,888 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,835,199 | €3,049,172 | +€1.2m | +66.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €50,041 | €171,908 | +€121,867 | +244% |
| Other operating charges | 640/8 | €140,893 | €386,558 | +€245,665 | +174% |
| Non-recurring operating charges | 66A | €95,642 | €12,420,529 | +€12.3m | +12,887% |
| Operating profit (loss) | 9901 | €876,941 | -€12,848,217 | -€13.7m | |
| Financial income | 75/76B | €63,275 | €127,136 | +€63,862 | +101% |
| Recurring financial income | 75 | €63,275 | €127,136 | +€63,862 | +101% |
| Income from current assets | 751 | €63,275 | €127,136 | +€63,861 | +101% |
| Other financial income | 752/9 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,251,170 | €2,339,792 | +€1.1m | +87.0% |
| Recurring financial charges | 65 | €1,251,170 | €2,339,792 | +€1.1m | +87.0% |
| Debt charges | 650 | €1,241,351 | €2,332,422 | +€1.1m | +87.9% |
| Other financial charges | 652/9 | €9,818 | €7,369 | -€2,449 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€310,954 | -€15,060,873 | -€14.7m | -4,743% |
| Income taxes | 67/77 | - | €0 | = | |
| Taxes | 670/3 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€310,954 | -€15,060,873 | -€14.7m | -4,743% |
| Profit (loss) for the period to be appropriated | 9905 | -€310,954 | -€15,060,873 | -€14.7m | -4,743% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.