ACTIOTEC: what changed
ACTIOTEC
Largest movements
- Tangible fixed assets -€21,062
down €21,062 (-63.7%), from €33,059 to €11,996
of which Furniture and vehicles: -€19,175
- Receivables within one year -€8,538
down €8,538 (-27.7%), from €30,823 to €22,284
of which Trade receivables: -€4,793
- Cash +€2,502
up €2,502 (+32.2%), from €7,783 to €10,285
mainly Investment in fixed assets (net) (+€16,753) and Net result for the year (+€14,958)
- Deferred charges and accrued income -€993
no longer reported in 2025 (was €993)
- Debts after one year -€22,567
no longer reported in 2025 (was €22,567)
- Current portion of long-term debt -€15,038
no longer reported in 2025 (was €15,038)
- Profit (loss) carried forward +€14,958
up €14,958, from -€1,935 to €13,023
- Other debts -€4,764
no longer reported in 2025 (was €4,764)
- Depreciation -€20,377
down €20,377 (-82.5%), from €24,686 to €4,309
- Gross operating margin -€11,511
down €11,511 (-30.0%), from €38,317 to €26,806
- Taxes +€2,146
up €2,146 (+843%), from €255 to €2,401
- Other operating charges -€1,420
no longer reported in 2025 (was €1,420)
- Financial charges +€1,113
up €1,113 (+48.4%), from €2,300 to €3,413
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 | €73,028 | €44,936 | -€28,092 | -38.5% |
| Fixed assets | 21/28 | €33,429 | €12,367 | -€21,062 | -63.0% |
| Tangible fixed assets | 22/27 | €33,059 | €11,996 | -€21,062 | -63.7% |
| Furniture and vehicles | 24 | €23,907 | €4,732 | -€19,175 | -80.2% |
| Other tangible fixed assets | 26 | €9,152 | €7,264 | -€1,888 | -20.6% |
| Financial fixed assets | 28 | €371 | €371 | = | 0.0% |
| Current assets | 29/58 | €39,599 | €32,569 | -€7,030 | -17.8% |
| Amounts receivable within one year | 40/41 | €30,823 | €22,284 | -€8,538 | -27.7% |
| Trade receivables | 40 | €27,077 | €22,284 | -€4,793 | -17.7% |
| Other amounts receivable | 41 | €3,745 | - | -€3,745 | |
| Cash at bank and in hand | 54/58 | €7,783 | €10,285 | +€2,502 | +32.2% |
| Deferred charges and accrued income | 490/1 | €993 | - | -€993 | |
| Total equity and liabilities | 10/49 | €73,028 | €44,936 | -€28,092 | -38.5% |
| Equity | 10/15 | €18,525 | €33,483 | +€14,958 | +80.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,935 | €13,023 | +€14,958 | |
| Amounts payable | 17/49 | €54,503 | €11,453 | -€43,050 | -79.0% |
| Amounts payable after more than one year | 17 | €22,567 | - | -€22,567 | |
| Financial debts | 170/4 | €22,567 | - | -€22,567 | |
| Amounts payable within one year | 42/48 | €31,297 | €11,453 | -€19,843 | -63.4% |
| Current portion of amounts payable after more than one year | 42 | €15,038 | - | -€15,038 | |
| Trade debts | 44 | €878 | €1,540 | +€662 | +75.4% |
| Suppliers | 440/4 | €878 | €1,540 | +€662 | +75.4% |
| Taxes, remuneration and social security | 45 | €10,616 | €9,914 | -€703 | -6.6% |
| Taxes | 450/3 | €4,393 | €6,305 | +€1,912 | +43.5% |
| Remuneration and social security | 454/9 | €6,223 | €3,609 | -€2,615 | -42.0% |
| Other amounts payable | 47/48 | €4,764 | - | -€4,764 | |
| Accrued charges and deferred income | 492/3 | €640 | - | -€640 | |
| Non-recurring operating income | 76A | - | €13,857 | +€13,857 | |
| Remuneration, social security and pensions | 62 | €1,978 | €1,978 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,686 | €4,309 | -€20,377 | -82.5% |
| Other operating charges | 640/8 | €1,420 | - | -€1,420 | |
| Gross operating margin | 9900 | €38,317 | €26,806 | -€11,511 | -30.0% |
| Operating profit (loss) | 9901 | €10,232 | €20,518 | +€10,286 | +101% |
| Financial income | 75/76B | €6 | €253 | +€247 | +3,908% |
| Recurring financial income | 75 | €6 | €253 | +€247 | +3,908% |
| Financial charges | 65/66B | €2,300 | €3,413 | +€1,113 | +48.4% |
| Recurring financial charges | 65 | €2,300 | €3,413 | +€1,113 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €7,939 | €17,359 | +€9,420 | +119% |
| Income taxes | 67/77 | €255 | €2,401 | +€2,146 | +843% |
| Profit (loss) for the period | 9904 | €7,684 | €14,958 | +€7,274 | +94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,684 | €14,958 | +€7,274 | +94.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.