ACTIVE CONCEPT: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
ACTIVE CONCEPT
Largest movements
- Receivables within one year -€86,372
down €86,372 (-78.9%), from €109,422 to €23,050
of which Other amounts receivable: -€94,564
- Financial fixed assets -€28,194
down €28,194 (-45.9%), from €61,394 to €33,200
- Cash -€24,844
down €24,844 (-70.2%), from €35,400 to €10,556
mainly Short-term financial debts (-€76,000) and Other debts (-€64,436)
- Tangible fixed assets +€19,604
up €19,604 (+3.1%), from €642,116 to €661,720
of which Furniture and vehicles: +€36,256
- Short-term financial debts -€76,000
down €76,000 (-73.8%), from €103,000 to €27,000
- Other debts -€64,436
down €64,436 (-71.2%), from €90,446 to €26,010
- Reserves +€28,551
up €28,551 (+11.3%), from €252,365 to €280,916
- Debts after one year -€15,508
down €15,508 (-4.6%), from €338,211 to €322,703
- Depreciation -€46,809
down €46,809 (-61.4%), from €76,293 to €29,484
- Taxes +€15,362
up €15,362 (+7,486%), from €205 to €15,567
- Gross operating margin +€4,396
up €4,396 (+4.9%), from €90,458 to €94,854
- Financial charges +€2,712
up €2,712 (+21.7%), from €12,517 to €15,229
- Other operating charges +€1,321
up €1,321 (+52.3%), from €2,526 to €3,848
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €850,080 | €730,989 | -€119,091 | -14.0% |
| Fixed assets | 21/28 | €703,510 | €694,920 | -€8,590 | -1.2% |
| Tangible fixed assets | 22/27 | €642,116 | €661,720 | +€19,604 | +3.1% |
| Land and buildings | 22 | €575,978 | €557,566 | -€18,412 | -3.2% |
| Plant, machinery and equipment | 23 | €594 | €2,353 | +€1,760 | +297% |
| Furniture and vehicles | 24 | €65,545 | €101,801 | +€36,256 | +55.3% |
| Financial fixed assets | 28 | €61,394 | €33,200 | -€28,194 | -45.9% |
| Current assets | 29/58 | €146,571 | €36,069 | -€110,502 | -75.4% |
| Amounts receivable within one year | 40/41 | €109,422 | €23,050 | -€86,372 | -78.9% |
| Trade receivables | 40 | €1,499 | €9,690 | +€8,192 | +547% |
| Other amounts receivable | 41 | €107,924 | €13,360 | -€94,564 | -87.6% |
| Cash at bank and in hand | 54/58 | €35,400 | €10,556 | -€24,844 | -70.2% |
| Deferred charges and accrued income | 490/1 | €1,748 | €2,463 | +€715 | +40.9% |
| Total equity and liabilities | 10/49 | €850,080 | €730,989 | -€119,091 | -14.0% |
| Equity | 10/15 | €276,070 | €305,706 | +€29,635 | +10.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €252,365 | €280,916 | +€28,551 | +11.3% |
| Distributable reserves | 133 | €252,365 | €280,916 | +€28,551 | +11.3% |
| Profit (loss) carried forward | 14 | -€1,084 | - | +€1,084 | |
| Amounts payable | 17/49 | €574,010 | €425,283 | -€148,727 | -25.9% |
| Amounts payable after more than one year | 17 | €338,211 | €322,703 | -€15,508 | -4.6% |
| Financial debts | 170/4 | €338,211 | €322,703 | -€15,508 | -4.6% |
| Amounts payable within one year | 42/48 | €235,799 | €102,581 | -€133,219 | -56.5% |
| Current portion of amounts payable after more than one year | 42 | €34,242 | €33,906 | -€336 | -1.0% |
| Financial debts | 43 | €103,000 | €27,000 | -€76,000 | -73.8% |
| Credit institutions | 430/8 | €103,000 | €27,000 | -€76,000 | -73.8% |
| Trade debts | 44 | - | €3,917 | +€3,917 | |
| Suppliers | 440/4 | - | €3,917 | +€3,917 | |
| Taxes, remuneration and social security | 45 | €8,111 | €11,748 | +€3,636 | +44.8% |
| Taxes | 450/3 | €8,111 | €11,748 | +€3,636 | +44.8% |
| Other amounts payable | 47/48 | €90,446 | €26,010 | -€64,436 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,293 | €29,484 | -€46,809 | -61.4% |
| Other operating charges | 640/8 | €2,526 | €3,848 | +€1,321 | +52.3% |
| Non-recurring operating charges | 66A | - | €1,100 | +€1,100 | |
| Gross operating margin | 9900 | €90,458 | €94,854 | +€4,396 | +4.9% |
| Operating profit (loss) | 9901 | €11,638 | €60,423 | +€48,785 | +419% |
| Financial income | 75/76B | €0 | €9 | +€9 | +2,178% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +2,178% |
| Financial charges | 65/66B | €12,517 | €15,229 | +€2,712 | +21.7% |
| Recurring financial charges | 65 | €12,517 | €15,229 | +€2,712 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | -€879 | €45,203 | +€46,081 | |
| Income taxes | 67/77 | €205 | €15,567 | +€15,362 | +7,486% |
| Profit (loss) for the period | 9904 | -€1,084 | €29,635 | +€30,719 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,084 | €29,635 | +€30,719 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.