I-ACTIVE ISB: 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.
I-ACTIVE ISB
Largest movements
- Intangible fixed assets +€135,748
up €135,748 (+104%), from €130,298 to €266,046
- Cash +€54,807
up €54,807 (+1,033%), from €5,308 to €60,115
mainly Trade debts (+€139,193) and Net result for the year (+€53,155)
- Receivables within one year -€6,812
down €6,812 (-3.0%), from €224,367 to €217,555
of which Trade receivables: -€49,323
- Trade debts +€139,193
up €139,193 (+164%), from €85,114 to €224,306
- Profit (loss) carried forward +€53,155
up €53,155 (+59.1%), from €89,873 to €143,028
- Tax, wage and social debts -€10,891
down €10,891 (-23.8%), from €45,790 to €34,898
of which Taxes: -€6,211
- Gross operating margin +€40,087
up €40,087 (+10.4%), from €385,516 to €425,603
- Other operating charges +€14,556
up €14,556 (+1,147%), from €1,269 to €15,826
- Depreciation +€9,416
up €9,416 (+64.0%), from €14,701 to €24,117
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 | €382,978 | €563,193 | +€180,215 | +47.1% |
| Fixed assets | 21/28 | €148,989 | €282,644 | +€133,655 | +89.7% |
| Intangible fixed assets | 21 | €130,298 | €266,046 | +€135,748 | +104% |
| Tangible fixed assets | 22/27 | - | €1,685 | +€1,685 | |
| Furniture and vehicles | 24 | - | €1,685 | +€1,685 | |
| Financial fixed assets | 28 | €18,691 | €14,913 | -€3,778 | -20.2% |
| Current assets | 29/58 | €233,989 | €280,550 | +€46,560 | +19.9% |
| Amounts receivable within one year | 40/41 | €224,367 | €217,555 | -€6,812 | -3.0% |
| Trade receivables | 40 | €91,759 | €42,437 | -€49,323 | -53.8% |
| Other amounts receivable | 41 | €132,607 | €175,118 | +€42,511 | +32.1% |
| Cash at bank and in hand | 54/58 | €5,308 | €60,115 | +€54,807 | +1,033% |
| Deferred charges and accrued income | 490/1 | €4,315 | €2,880 | -€1,435 | -33.3% |
| Total equity and liabilities | 10/49 | €382,978 | €563,193 | +€180,215 | +47.1% |
| Equity | 10/15 | €135,996 | €189,151 | +€53,155 | +39.1% |
| Contributions | 10/11 | €35,761 | €35,761 | = | 0.0% |
| Reserves | 13 | €10,363 | €10,363 | = | 0.0% |
| Distributable reserves | 133 | €10,363 | €10,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,873 | €143,028 | +€53,155 | +59.1% |
| Amounts payable | 17/49 | €246,982 | €374,042 | +€127,060 | +51.4% |
| Amounts payable within one year | 42/48 | €246,982 | €374,042 | +€127,060 | +51.4% |
| Financial debts | 43 | €116,078 | €114,837 | -€1,241 | -1.1% |
| Credit institutions | 430/8 | €116,078 | €114,837 | -€1,241 | -1.1% |
| Trade debts | 44 | €85,114 | €224,306 | +€139,193 | +164% |
| Suppliers | 440/4 | €85,114 | €224,306 | +€139,193 | +164% |
| Taxes, remuneration and social security | 45 | €45,790 | €34,898 | -€10,891 | -23.8% |
| Taxes | 450/3 | €6,272 | €61 | -€6,211 | -99.0% |
| Remuneration and social security | 454/9 | €39,518 | €34,838 | -€4,680 | -11.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €303,393 | €305,262 | +€1,869 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,701 | €24,117 | +€9,416 | +64.0% |
| Other operating charges | 640/8 | €1,269 | €15,826 | +€14,556 | +1,147% |
| Gross operating margin | 9900 | €385,516 | €425,603 | +€40,087 | +10.4% |
| Operating profit (loss) | 9901 | €66,153 | €80,398 | +€14,245 | +21.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €7,106 | €9,997 | +€2,891 | +40.7% |
| Recurring financial charges | 65 | €7,106 | €9,997 | +€2,891 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | €59,047 | €70,402 | +€11,354 | +19.2% |
| Income taxes | 67/77 | €19,954 | €17,247 | -€2,708 | -13.6% |
| Profit (loss) for the period | 9904 | €39,093 | €53,155 | +€14,062 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,093 | €53,155 | +€14,062 | +36.0% |
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.