CAR ACTIS: 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.
CAR ACTIS
Largest movements
- Stocks and contracts +€137,443
up €137,443 (+39.1%), from €351,220 to €488,663
- Receivables within one year -€109,537
down €109,537 (-30.2%), from €363,034 to €253,497
of which Trade receivables: -€135,740
- Cash -€46,074
down €46,074 (-82.0%), from €56,170 to €10,096
mainly Stocks and contracts (-€137,443) and Trade debts (-€80,560)
- Current portion of long-term debt +€171,011
up €171,011 (+201%), from €85,269 to €256,281
- Trade debts -€80,560
down €80,560 (-61.5%), from €130,925 to €50,365
- Other debts -€34,865
down €34,865 (-49.8%), from €69,951 to €35,086
- Advances received -€33,250
down €33,250 (-71.1%), from €46,750 to €13,500
- Profit (loss) carried forward -€17,984
down €17,984 (-11.9%), from €151,458 to €133,475
- Gross operating margin -€19,215
down €19,215 (-23.1%), from €83,128 to €63,913
- Staff costs +€11,601
up €11,601 (+26.0%), from €44,580 to €56,181
- Financial charges -€3,466
down €3,466 (-17.2%), from €20,106 to €16,640
- Other operating charges -€2,578
down €2,578 (-79.0%), from €3,263 to €685
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 | €799,450 | €783,319 | -€16,131 | -2.0% |
| Fixed assets | 21/28 | €26,893 | €27,137 | +€244 | +0.9% |
| Tangible fixed assets | 22/27 | €23,545 | €23,789 | +€244 | +1.0% |
| Plant, machinery and equipment | 23 | €2,363 | €2,580 | +€217 | +9.2% |
| Furniture and vehicles | 24 | €12,611 | €13,755 | +€1,144 | +9.1% |
| Other tangible fixed assets | 26 | €8,571 | €7,454 | -€1,117 | -13.0% |
| Financial fixed assets | 28 | €3,348 | €3,348 | = | 0.0% |
| Current assets | 29/58 | €772,557 | €756,181 | -€16,376 | -2.1% |
| Stocks and contracts in progress | 3 | €351,220 | €488,663 | +€137,443 | +39.1% |
| Stocks | 30/36 | €351,220 | €488,663 | +€137,443 | +39.1% |
| Amounts receivable within one year | 40/41 | €363,034 | €253,497 | -€109,537 | -30.2% |
| Trade receivables | 40 | €295,799 | €160,059 | -€135,740 | -45.9% |
| Other amounts receivable | 41 | €67,235 | €93,438 | +€26,203 | +39.0% |
| Cash at bank and in hand | 54/58 | €56,170 | €10,096 | -€46,074 | -82.0% |
| Deferred charges and accrued income | 490/1 | €2,132 | €3,924 | +€1,792 | +84.1% |
| Total equity and liabilities | 10/49 | €799,450 | €783,319 | -€16,131 | -2.0% |
| Equity | 10/15 | €171,918 | €153,935 | -€17,984 | -10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,458 | €133,475 | -€17,984 | -11.9% |
| Amounts payable | 17/49 | €627,532 | €629,384 | +€1,852 | +0.3% |
| Amounts payable after more than one year | 17 | €96,840 | €84,080 | -€12,760 | -13.2% |
| Financial debts | 170/4 | €96,840 | €84,080 | -€12,760 | -13.2% |
| Amounts payable within one year | 42/48 | €530,692 | €545,304 | +€14,612 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €85,269 | €256,281 | +€171,011 | +201% |
| Financial debts | 43 | €127,970 | €127,970 | = | 0.0% |
| Credit institutions | 430/8 | €127,970 | €127,970 | = | 0.0% |
| Trade debts | 44 | €130,925 | €50,365 | -€80,560 | -61.5% |
| Suppliers | 440/4 | €130,925 | €50,365 | -€80,560 | -61.5% |
| Advances received on contracts in progress | 46 | €46,750 | €13,500 | -€33,250 | -71.1% |
| Taxes, remuneration and social security | 45 | €69,826 | €62,101 | -€7,725 | -11.1% |
| Taxes | 450/3 | €57,543 | €47,473 | -€10,071 | -17.5% |
| Remuneration and social security | 454/9 | €12,283 | €14,629 | +€2,346 | +19.1% |
| Other amounts payable | 47/48 | €69,951 | €35,086 | -€34,865 | -49.8% |
| Remuneration, social security and pensions | 62 | €44,580 | €56,181 | +€11,601 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,928 | €6,193 | +€265 | +4.5% |
| Other operating charges | 640/8 | €3,263 | €685 | -€2,578 | -79.0% |
| Gross operating margin | 9900 | €83,128 | €63,913 | -€19,215 | -23.1% |
| Operating profit (loss) | 9901 | €29,357 | €853 | -€28,504 | -97.1% |
| Financial income | 75/76B | €84 | €57 | -€28 | -32.8% |
| Recurring financial income | 75 | €84 | €57 | -€28 | -32.8% |
| Financial charges | 65/66B | €20,106 | €16,640 | -€3,466 | -17.2% |
| Recurring financial charges | 65 | €20,106 | €16,640 | -€3,466 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €9,334 | -€15,731 | -€25,065 | |
| Income taxes | 67/77 | €2,462 | €2,253 | -€209 | -8.5% |
| Profit (loss) for the period | 9904 | €6,872 | -€17,984 | -€24,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,872 | -€17,984 | -€24,856 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.