Het Actiebureau: 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.
Het Actiebureau
Largest movements
- Cash -€14,618
down €14,618 (-100%), from €14,618 to €0
mainly Net result for the year (-€13,901) and Receivables within one year (-€9,367)
- Receivables within one year +€9,367
up €9,367 (+18.8%), from €49,853 to €59,220
of which Trade receivables: +€5,276
- Tangible fixed assets -€3,169
down €3,169 (-42.7%), from €7,423 to €4,255
- Deferred charges and accrued income +€983
up €983 (+122%), from €805 to €1,788
- Profit (loss) carried forward -€13,901
down €13,901 (-35.7%), from €38,917 to €25,015
- Trade debts +€10,794
up €10,794 (+449%), from €2,403 to €13,197
- Tax, wage and social debts -€4,152
down €4,152 (-36.9%), from €11,259 to €7,107
of which Remuneration and social security: -€3,108
- Short-term financial debts +€2,873
new in 2025: €2,873
- Debts after one year -€1,571
no longer reported in 2025 (was €1,571)
- Gross operating margin -€64,388
down €64,388, from €55,994 to -€8,394
- Taxes -€11,830
down €11,830 (-97.7%), from €12,111 to €281
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 | €72,700 | €65,263 | -€7,436 | -10.2% |
| Fixed assets | 21/28 | €7,423 | €4,255 | -€3,169 | -42.7% |
| Tangible fixed assets | 22/27 | €7,423 | €4,255 | -€3,169 | -42.7% |
| Furniture and vehicles | 24 | €7,423 | €4,255 | -€3,169 | -42.7% |
| Current assets | 29/58 | €65,276 | €61,009 | -€4,268 | -6.5% |
| Amounts receivable within one year | 40/41 | €49,853 | €59,220 | +€9,367 | +18.8% |
| Trade receivables | 40 | €35,864 | €41,140 | +€5,276 | +14.7% |
| Other amounts receivable | 41 | €13,989 | €18,080 | +€4,091 | +29.2% |
| Cash at bank and in hand | 54/58 | €14,618 | €0 | -€14,618 | -100% |
| Deferred charges and accrued income | 490/1 | €805 | €1,788 | +€983 | +122% |
| Total equity and liabilities | 10/49 | €72,700 | €65,263 | -€7,436 | -10.2% |
| Equity | 10/15 | €54,417 | €40,515 | -€13,901 | -25.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,000 | €13,000 | = | 0.0% |
| Distributable reserves | 133 | €13,000 | €13,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,917 | €25,015 | -€13,901 | -35.7% |
| Amounts payable | 17/49 | €18,283 | €24,748 | +€6,465 | +35.4% |
| Amounts payable after more than one year | 17 | €1,571 | - | -€1,571 | |
| Financial debts | 170/4 | €1,571 | - | -€1,571 | |
| Amounts payable within one year | 42/48 | €16,712 | €24,748 | +€8,036 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €3,050 | €1,571 | -€1,480 | -48.5% |
| Financial debts | 43 | - | €2,873 | +€2,873 | |
| Credit institutions | 430/8 | - | €2,873 | +€2,873 | |
| Trade debts | 44 | €2,403 | €13,197 | +€10,794 | +449% |
| Suppliers | 440/4 | €2,403 | €13,197 | +€10,794 | +449% |
| Taxes, remuneration and social security | 45 | €11,259 | €7,107 | -€4,152 | -36.9% |
| Taxes | 450/3 | €8,151 | €7,107 | -€1,044 | -12.8% |
| Remuneration and social security | 454/9 | €3,108 | - | -€3,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,169 | €3,169 | = | 0.0% |
| Other operating charges | 640/8 | €1,165 | €1,067 | -€98 | -8.4% |
| Gross operating margin | 9900 | €55,994 | -€8,394 | -€64,388 | |
| Operating profit (loss) | 9901 | €51,660 | -€12,630 | -€64,290 | |
| Financial income | 75/76B | €553 | €792 | +€239 | +43.3% |
| Recurring financial income | 75 | €553 | €792 | +€239 | +43.3% |
| Financial charges | 65/66B | €1,837 | €1,782 | -€55 | -3.0% |
| Recurring financial charges | 65 | €1,837 | €1,782 | -€55 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €50,376 | -€13,620 | -€63,996 | |
| Income taxes | 67/77 | €12,111 | €281 | -€11,830 | -97.7% |
| Profit (loss) for the period | 9904 | €38,264 | -€13,901 | -€52,166 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,264 | -€13,901 | -€52,166 |
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 14 October 2026 via checked.be.