Activet: 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.
Activet
Largest movements
- Receivables within one year +€403,792
up €403,792 (+10.4%), from €3.9m to €4.3m
of which Trade receivables: +€408,944
- Stocks and contracts -€259,819
down €259,819 (-9.7%), from €2.7m to €2.4m
- Other debts +€1.5m
up €1.5m (+50.9%), from €3.0m to €4.5m
- Short-term financial debts -€1.5m
down €1.5m (-69.8%), from €2.1m to €637,744
- Profit (loss) carried forward -€528,241
down €528,241, from €40,670 to -€487,571
- Trade debts +€338,470
up €338,470 (+23.9%), from €1.4m to €1.8m
- Accrued charges and deferred income +€294,956
up €294,956 (+1843.4%), from €16,000 to €310,956
- Turnover +€5.3m
up €5.3m (+32.1%), from €16.7m to €22.0m
- Goods and materials +€5.2m
up €5.2m (+33.4%), from €15.6m to €20.8m
of which Purchases: +€4.7m
- Financial charges +€313,222
up €313,222 (+82.2%), from €380,998 to €694,220
- Financial income -€226,624
down €226,624 (-83.3%), from €271,977 to €45,353
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 | €6,556,259 | €6,700,241 | +€143,981 | +2.2% |
| Current assets | 29/58 | €6,556,259 | €6,700,241 | +€143,981 | +2.2% |
| Stocks and contracts in progress | 3 | €2,687,983 | €2,428,164 | -€259,819 | -9.7% |
| Stocks | 30/36 | €2,687,983 | €2,428,164 | -€259,819 | -9.7% |
| Goods purchased for resale | 34 | €2,687,983 | €2,428,164 | -€259,819 | -9.7% |
| Amounts receivable within one year | 40/41 | €3,867,787 | €4,271,579 | +€403,792 | +10.4% |
| Trade receivables | 40 | €3,856,705 | €4,265,649 | +€408,944 | +10.6% |
| Other amounts receivable | 41 | €11,081 | €5,929 | -€5,152 | -46.5% |
| Cash at bank and in hand | 54/58 | €490 | €498 | +€8 | +1.7% |
| Total equity and liabilities | 10/49 | €6,556,259 | €6,700,241 | +€143,981 | +2.2% |
| Equity | 10/15 | €48,730 | -€479,511 | -€528,241 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,670 | -€487,571 | -€528,241 | |
| Amounts payable | 17/49 | €6,507,529 | €7,179,751 | +€672,222 | +10.3% |
| Amounts payable within one year | 42/48 | €6,491,529 | €6,868,795 | +€377,266 | +5.8% |
| Financial debts | 43 | €2,109,947 | €637,744 | -€1.5m | -69.8% |
| Credit institutions | 430/8 | €2,109,947 | €637,744 | -€1.5m | -69.8% |
| Trade debts | 44 | €1,414,996 | €1,753,466 | +€338,470 | +23.9% |
| Suppliers | 440/4 | €1,414,996 | €1,753,466 | +€338,470 | +23.9% |
| Other amounts payable | 47/48 | €2,966,585 | €4,477,585 | +€1.5m | +50.9% |
| Accrued charges and deferred income | 492/3 | €16,000 | €310,956 | +€294,956 | +1843.4% |
| Operating income | 70/76A | €16,691,029 | €22,040,650 | +€5.3m | +32.1% |
| Turnover | 70 | €16,691,029 | €22,040,650 | +€5.3m | +32.1% |
| Operating charges | 60/66A | €16,656,783 | €21,920,023 | +€5.3m | +31.6% |
| Goods for resale, raw materials and consumables | 60 | €15,625,670 | €20,837,534 | +€5.2m | +33.4% |
| Purchases | 600/8 | €15,915,875 | €20,577,715 | +€4.7m | +29.3% |
| Change in stocks: decrease (increase) | 609 | -€290,205 | €259,819 | +€550,024 | |
| Services and other goods | 61 | €1,030,036 | €1,092,713 | +€62,677 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€11,311 | -€11,311 | |
| Other operating charges | 640/8 | €1,078 | €1,088 | +€9 | +0.9% |
| Operating profit (loss) | 9901 | €34,246 | €120,627 | +€86,381 | +252.2% |
| Financial income | 75/76B | €271,977 | €45,353 | -€226,624 | -83.3% |
| Recurring financial income | 75 | €271,977 | €45,353 | -€226,624 | -83.3% |
| Income from current assets | 751 | €271,977 | €45,353 | -€226,624 | -83.3% |
| Financial charges | 65/66B | €380,998 | €694,220 | +€313,222 | +82.2% |
| Recurring financial charges | 65 | €380,998 | €694,220 | +€313,222 | +82.2% |
| Debt charges | 650 | €380,998 | €694,220 | +€313,222 | +82.2% |
| Profit (loss) for the period before taxes | 9903 | -€74,776 | -€528,241 | -€453,465 | -606.4% |
| Profit (loss) for the period | 9904 | -€74,776 | -€528,241 | -€453,465 | -606.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,776 | -€528,241 | -€453,465 | -606.4% |
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 9 October 2026 via checked.be.