ACTRACON: 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.
ACTRACON
Largest movements
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Cash +€129,883
up €129,883 (+197.8%), from €65,671 to €195,554
mainly Net result for the year (+€298,613) and Current investments (+€150,000)
- Tangible fixed assets -€37,844
down €37,844 (-22.2%), from €170,759 to €132,915
of which Furniture and vehicles: -€37,372
- Other debts -€92,017
down €92,017 (-29.1%), from €315,668 to €223,651
- Trade debts +€41,208
up €41,208 (+1077.3%), from €3,825 to €45,033
- Tax, wage and social debts -€15,025
down €15,025 (-36.8%), from €40,872 to €25,847
- Reserves +€8,613
up €8,613 (+83.9%), from €10,272 to €18,885
- Depreciation +€20,047
up €20,047 (+112.6%), from €17,797 to €37,844
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 | €389,236 | €332,016 | -€57,220 | -14.7% |
| Fixed assets | 21/28 | €170,849 | €132,915 | -€37,934 | -22.2% |
| Tangible fixed assets | 22/27 | €170,759 | €132,915 | -€37,844 | -22.2% |
| Plant, machinery and equipment | 23 | €2,013 | €1,542 | -€471 | -23.4% |
| Furniture and vehicles | 24 | €168,746 | €131,374 | -€37,372 | -22.1% |
| Financial fixed assets | 28 | €90 | €0 | -€90 | -100.0% |
| Current assets | 29/58 | €218,387 | €199,101 | -€19,287 | -8.8% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €65,671 | €195,554 | +€129,883 | +197.8% |
| Deferred charges and accrued income | 490/1 | €2,717 | €3,547 | +€830 | +30.6% |
| Total equity and liabilities | 10/49 | €389,236 | €332,016 | -€57,220 | -14.7% |
| Equity | 10/15 | €28,872 | €37,485 | +€8,613 | +29.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,272 | €18,885 | +€8,613 | +83.9% |
| Distributable reserves | 133 | €10,272 | €18,885 | +€8,613 | +83.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €360,365 | €294,531 | -€65,833 | -18.3% |
| Amounts payable within one year | 42/48 | €360,365 | €294,531 | -€65,833 | -18.3% |
| Trade debts | 44 | €3,825 | €45,033 | +€41,208 | +1077.3% |
| Suppliers | 440/4 | €3,825 | €45,033 | +€41,208 | +1077.3% |
| Taxes, remuneration and social security | 45 | €40,872 | €25,847 | -€15,025 | -36.8% |
| Taxes | 450/3 | €40,872 | €25,847 | -€15,025 | -36.8% |
| Other amounts payable | 47/48 | €315,668 | €223,651 | -€92,017 | -29.1% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,797 | €37,844 | +€20,047 | +112.6% |
| Other operating charges | 640/8 | €1,861 | €1,741 | -€120 | -6.5% |
| Gross operating margin | 9900 | €430,571 | €433,811 | +€3,240 | +0.8% |
| Operating profit (loss) | 9901 | €410,913 | €394,227 | -€16,686 | -4.1% |
| Financial income | 75/76B | €3,140 | €2,109 | -€1,031 | -32.8% |
| Recurring financial income | 75 | €3,140 | €2,109 | -€1,031 | -32.8% |
| Financial charges | 65/66B | - | €170 | +€170 | |
| Recurring financial charges | 65 | - | €170 | +€170 | |
| Profit (loss) for the period before taxes | 9903 | €414,053 | €396,166 | -€17,887 | -4.3% |
| Income taxes | 67/77 | €101,469 | €97,553 | -€3,917 | -3.9% |
| Profit (loss) for the period | 9904 | €312,583 | €298,613 | -€13,970 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €312,583 | €298,613 | -€13,970 | -4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.