ACTIVETO: what changed
Two fiscal 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.
ACTIVETO
Largest movements
- Cash +€115,529
up €115,529 (+440.1%), from €26,253 to €141,782
mainly Trade debts (+€97,418) and Net result for the year (+€74,194)
- Tangible fixed assets -€21,009
down €21,009 (-25.2%), from €83,504 to €62,496
of which Furniture and vehicles: -€23,685
- Receivables within one year -€13,273
down €13,273 (-5.3%), from €249,873 to €236,600
of which Other amounts receivable: -€33,626
- Stocks and contracts +€11,419
up €11,419 (+21.4%), from €53,390 to €64,809
- Trade debts +€97,418
up €97,418 (+159.5%), from €61,082 to €158,500
- Debts after one year -€20,747
down €20,747 (-62.0%), from €33,460 to €12,713
- Other debts +€8,077
up €8,077 (+3.0%), from €265,858 to €273,935
- Gross operating margin +€21,354
up €21,354 (+20.0%), from €106,609 to €127,963
- Taxes +€6,755
up €6,755 (+36.0%), from €18,754 to €25,509
- Depreciation -€5,035
down €5,035 (-17.4%), from €28,950 to €23,915
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €431,626 | €521,411 | +€89,785 | +20.8% |
| Fixed assets | 21/28 | €93,629 | €72,621 | -€21,009 | -22.4% |
| Tangible fixed assets | 22/27 | €83,504 | €62,496 | -€21,009 | -25.2% |
| Plant, machinery and equipment | 23 | €105 | €2,781 | +€2,676 | +2548.7% |
| Furniture and vehicles | 24 | €83,399 | €59,715 | -€23,685 | -28.4% |
| Financial fixed assets | 28 | €10,125 | €10,125 | = | 0.0% |
| Current assets | 29/58 | €337,997 | €448,791 | +€110,794 | +32.8% |
| Stocks and contracts in progress | 3 | €53,390 | €64,809 | +€11,419 | +21.4% |
| Stocks | 30/36 | €53,390 | €64,809 | +€11,419 | +21.4% |
| Amounts receivable within one year | 40/41 | €249,873 | €236,600 | -€13,273 | -5.3% |
| Trade receivables | 40 | €204,576 | €224,929 | +€20,353 | +9.9% |
| Other amounts receivable | 41 | €45,297 | €11,670 | -€33,626 | -74.2% |
| Cash at bank and in hand | 54/58 | €26,253 | €141,782 | +€115,529 | +440.1% |
| Deferred charges and accrued income | 490/1 | €8,482 | €5,600 | -€2,882 | -34.0% |
| Total equity and liabilities | 10/49 | €431,626 | €521,411 | +€89,785 | +20.8% |
| Equity | 10/15 | €38,327 | €41,933 | +€3,606 | +9.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €895 | €895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €895 | €895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €895 | €895 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,433 | €21,038 | +€3,606 | +20.7% |
| Amounts payable | 17/49 | €393,299 | €479,478 | +€86,179 | +21.9% |
| Amounts payable after more than one year | 17 | €33,460 | €12,713 | -€20,747 | -62.0% |
| Financial debts | 170/4 | €33,460 | €12,713 | -€20,747 | -62.0% |
| Amounts payable within one year | 42/48 | €358,650 | €464,613 | +€105,964 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €20,388 | €20,747 | +€359 | +1.8% |
| Trade debts | 44 | €61,082 | €158,500 | +€97,418 | +159.5% |
| Suppliers | 440/4 | €61,082 | €158,500 | +€97,418 | +159.5% |
| Taxes, remuneration and social security | 45 | €11,322 | €11,431 | +€109 | +1.0% |
| Taxes | 450/3 | €11,322 | €11,431 | +€109 | +1.0% |
| Other amounts payable | 47/48 | €265,858 | €273,935 | +€8,077 | +3.0% |
| Accrued charges and deferred income | 492/3 | €1,189 | €2,152 | +€962 | +80.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,950 | €23,915 | -€5,035 | -17.4% |
| Other operating charges | 640/8 | €332 | €426 | +€94 | +28.5% |
| Gross operating margin | 9900 | €106,609 | €127,963 | +€21,354 | +20.0% |
| Operating profit (loss) | 9901 | €77,327 | €103,622 | +€26,295 | +34.0% |
| Financial income | 75/76B | €26 | €22 | -€3 | -13.5% |
| Recurring financial income | 75 | €26 | €22 | -€3 | -13.5% |
| Financial charges | 65/66B | €3,018 | €3,942 | +€924 | +30.6% |
| Recurring financial charges | 65 | €3,018 | €3,942 | +€924 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €74,335 | €99,703 | +€25,368 | +34.1% |
| Income taxes | 67/77 | €18,754 | €25,509 | +€6,755 | +36.0% |
| Profit (loss) for the period | 9904 | €55,582 | €74,194 | +€18,612 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €55,582 | €74,194 | +€18,612 | +33.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.