E&Act: 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.
E&Act
Largest movements
- Receivables within one year -€8,622
down €8,622 (-15.4%), from €56,138 to €47,516
of which Trade receivables: -€4,401
- Cash -€1,445
down €1,445 (-1.8%), from €78,494 to €77,049
mainly Contributions, distributions and other (-€60,000) and Other debts (-€20,000)
- Other debts -€20,000
down €20,000 (-24.9%), from €80,314 to €60,314
- Profit (loss) carried forward +€5,779
up €5,779 (+52.9%), from €10,919 to €16,698
- Trade debts +€3,088
up €3,088 (+7.8%), from €39,424 to €42,512
- Tax, wage and social debts +€1,434
up €1,434 (+50.0%), from €2,870 to €4,304
- Gross operating margin -€24,434
down €24,434 (-25.9%), from €94,176 to €69,742
- Write-downs +€2,800
new in 2025: €2,800
- Taxes -€1,352
down €1,352 (-47.1%), from €2,870 to €1,517
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 | €135,526 | €125,827 | -€9,699 | -7.2% |
| Current assets | 29/58 | €135,526 | €125,827 | -€9,699 | -7.2% |
| Amounts receivable within one year | 40/41 | €56,138 | €47,516 | -€8,622 | -15.4% |
| Trade receivables | 40 | €51,916 | €47,516 | -€4,401 | -8.5% |
| Other amounts receivable | 41 | €4,222 | €0 | -€4,222 | -100% |
| Cash at bank and in hand | 54/58 | €78,494 | €77,049 | -€1,445 | -1.8% |
| Deferred charges and accrued income | 490/1 | €894 | €1,263 | +€368 | +41.2% |
| Total equity and liabilities | 10/49 | €135,526 | €125,827 | -€9,699 | -7.2% |
| Equity | 10/15 | €12,919 | €18,698 | +€5,779 | +44.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,919 | €16,698 | +€5,779 | +52.9% |
| Amounts payable | 17/49 | €122,607 | €107,129 | -€15,478 | -12.6% |
| Amounts payable within one year | 42/48 | €122,607 | €107,129 | -€15,478 | -12.6% |
| Trade debts | 44 | €39,424 | €42,512 | +€3,088 | +7.8% |
| Suppliers | 440/4 | €39,424 | €42,512 | +€3,088 | +7.8% |
| Taxes, remuneration and social security | 45 | €2,870 | €4,304 | +€1,434 | +50.0% |
| Taxes | 450/3 | €2,870 | €4,304 | +€1,434 | +50.0% |
| Other amounts payable | 47/48 | €80,314 | €60,314 | -€20,000 | -24.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,800 | +€2,800 | |
| Other operating charges | 640/8 | €143 | €0 | -€143 | -100% |
| Gross operating margin | 9900 | €94,176 | €69,742 | -€24,434 | -25.9% |
| Operating profit (loss) | 9901 | €94,034 | €66,942 | -€27,092 | -28.8% |
| Financial income | 75/76B | - | €376 | +€376 | |
| Recurring financial income | 75 | - | €376 | +€376 | |
| Financial charges | 65/66B | €245 | €22 | -€223 | -91.0% |
| Recurring financial charges | 65 | €245 | €22 | -€223 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €93,789 | €67,296 | -€26,493 | -28.2% |
| Income taxes | 67/77 | €2,870 | €1,517 | -€1,352 | -47.1% |
| Profit (loss) for the period | 9904 | €90,919 | €65,779 | -€25,141 | -27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,919 | €65,779 | -€25,141 | -27.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.