O'ACTIVE: 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.
O'ACTIVE
Largest movements
- Stocks and contracts -€8,408
down €8,408 (-17.9%), from €47,096 to €38,688
- Receivables within one year +€7,494
up €7,494 (+134.1%), from €5,588 to €13,082
- Deferred charges and accrued income -€5,242
down €5,242 (-44.4%), from €11,798 to €6,556
- Cash -€3,241
down €3,241 (-69.9%), from €4,636 to €1,395
mainly Net result for the year (-€12,053) and Receivables within one year (-€7,494)
- Profit (loss) carried forward -€12,053
down €12,053 (-74.6%), from €16,152 to €4,099
- Trade debts +€7,245
up €7,245 (+161.1%), from €4,497 to €11,742
- Other debts -€4,335
down €4,335 (-22.3%), from €19,413 to €15,078
- Contributions -€1,860
down €1,860 (-11.8%), from €15,760 to €13,900
- Reserves +€1,860
up €1,860 (+14.8%), from €12,584 to €14,444
- Gross operating margin -€7,327
down €7,327, from €335 to -€6,992
- Write-downs +€5,265
no longer reported in 2025 (was -€5,265)
- Other operating charges +€1,848
up €1,848 (+269.4%), from €686 to €2,534
- Financial charges -€551
down €551 (-22.1%), from €2,494 to €1,943
- Taxes -€155
down €155 (-47.3%), from €328 to €173
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 | €69,943 | €60,121 | -€9,822 | -14.0% |
| Fixed assets | 21/28 | €825 | €400 | -€425 | -51.5% |
| Tangible fixed assets | 22/27 | €425 | - | -€425 | |
| Furniture and vehicles | 24 | €425 | - | -€425 | |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €69,118 | €59,721 | -€9,397 | -13.6% |
| Stocks and contracts in progress | 3 | €47,096 | €38,688 | -€8,408 | -17.9% |
| Stocks | 30/36 | €47,096 | €38,688 | -€8,408 | -17.9% |
| Amounts receivable within one year | 40/41 | €5,588 | €13,082 | +€7,494 | +134.1% |
| Trade receivables | 40 | €5,588 | €13,082 | +€7,494 | +134.1% |
| Cash at bank and in hand | 54/58 | €4,636 | €1,395 | -€3,241 | -69.9% |
| Deferred charges and accrued income | 490/1 | €11,798 | €6,556 | -€5,242 | -44.4% |
| Total equity and liabilities | 10/49 | €69,943 | €60,121 | -€9,822 | -14.0% |
| Equity | 10/15 | €44,496 | €32,443 | -€12,053 | -27.1% |
| Contributions | 10/11 | €15,760 | €13,900 | -€1,860 | -11.8% |
| Reserves | 13 | €12,584 | €14,444 | +€1,860 | +14.8% |
| Distributable reserves | 133 | €12,584 | €14,444 | +€1,860 | +14.8% |
| Profit (loss) carried forward | 14 | €16,152 | €4,099 | -€12,053 | -74.6% |
| Amounts payable | 17/49 | €25,447 | €27,678 | +€2,231 | +8.8% |
| Amounts payable within one year | 42/48 | €25,447 | €27,678 | +€2,231 | +8.8% |
| Trade debts | 44 | €4,497 | €11,742 | +€7,245 | +161.1% |
| Suppliers | 440/4 | €4,497 | €11,742 | +€7,245 | +161.1% |
| Taxes, remuneration and social security | 45 | €1,537 | €858 | -€679 | -44.2% |
| Taxes | 450/3 | €1,537 | €858 | -€679 | -44.2% |
| Other amounts payable | 47/48 | €19,413 | €15,078 | -€4,335 | -22.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €524 | €426 | -€98 | -18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,265 | - | +€5,265 | |
| Other operating charges | 640/8 | €686 | €2,534 | +€1,848 | +269.4% |
| Gross operating margin | 9900 | €335 | -€6,992 | -€7,327 | |
| Operating profit (loss) | 9901 | €4,390 | -€9,952 | -€14,342 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €2,494 | €1,943 | -€551 | -22.1% |
| Recurring financial charges | 65 | €2,494 | €1,943 | -€551 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €1,896 | -€11,880 | -€13,776 | |
| Income taxes | 67/77 | €328 | €173 | -€155 | -47.3% |
| Profit (loss) for the period | 9904 | €1,568 | -€12,053 | -€13,621 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,568 | -€12,053 | -€13,621 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.