ACT1420: 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.
ACT1420
Largest movements
- Stocks and contracts +€22,297
up €22,297 (+36.5%), from €61,122 to €83,419
- Intangible fixed assets -€9,547
down €9,547 (-19.3%), from €49,407 to €39,861
- Tangible fixed assets +€7,348
up €7,348 (+4.9%), from €150,011 to €157,359
of which Furniture and vehicles: +€8,605
- Trade debts +€55,466
up €55,466 (+47.8%), from €115,917 to €171,383
- Debts after one year -€42,031
down €42,031 (-58.8%), from €71,449 to €29,419
- Profit (loss) carried forward +€6,512
up €6,512 (+11.5%), from -€56,490 to -€49,978
- Tax, wage and social debts -€5,407
down €5,407 (-29.4%), from €18,383 to €12,976
- Current portion of long-term debt +€4,232
up €4,232 (+9.5%), from €44,370 to €48,602
- Staff costs +€5,937
up €5,937 (+2.7%), from €220,852 to €226,790
- Gross operating margin +€4,683
up €4,683 (+1.7%), from €276,541 to €281,224
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,101 | €344,230 | +€19,129 | +5.9% |
| Fixed assets | 21/28 | €200,098 | €197,899 | -€2,199 | -1.1% |
| Intangible fixed assets | 21 | €49,407 | €39,861 | -€9,547 | -19.3% |
| Tangible fixed assets | 22/27 | €150,011 | €157,359 | +€7,348 | +4.9% |
| Plant, machinery and equipment | 23 | €1,104 | - | -€1,104 | |
| Furniture and vehicles | 24 | €147,386 | €155,990 | +€8,605 | +5.8% |
| Other tangible fixed assets | 26 | €1,521 | €1,368 | -€153 | -10.0% |
| Financial fixed assets | 28 | €680 | €680 | = | 0.0% |
| Current assets | 29/58 | €125,003 | €146,331 | +€21,327 | +17.1% |
| Stocks and contracts in progress | 3 | €61,122 | €83,419 | +€22,297 | +36.5% |
| Stocks | 30/36 | €61,122 | €83,419 | +€22,297 | +36.5% |
| Amounts receivable within one year | 40/41 | €41,451 | €39,649 | -€1,802 | -4.3% |
| Trade receivables | 40 | €2,470 | €3,477 | +€1,007 | +40.8% |
| Other amounts receivable | 41 | €38,980 | €36,172 | -€2,809 | -7.2% |
| Cash at bank and in hand | 54/58 | €15,829 | €16,250 | +€420 | +2.7% |
| Deferred charges and accrued income | 490/1 | €6,601 | €7,013 | +€412 | +6.2% |
| Total equity and liabilities | 10/49 | €325,101 | €344,230 | +€19,129 | +5.9% |
| Equity | 10/15 | €43,510 | €50,022 | +€6,512 | +15.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,490 | -€49,978 | +€6,512 | +11.5% |
| Amounts payable | 17/49 | €281,591 | €294,208 | +€12,616 | +4.5% |
| Amounts payable after more than one year | 17 | €71,449 | €29,419 | -€42,031 | -58.8% |
| Financial debts | 170/4 | €71,449 | €29,419 | -€42,031 | -58.8% |
| Amounts payable within one year | 42/48 | €210,103 | €264,700 | +€54,598 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €44,370 | €48,602 | +€4,232 | +9.5% |
| Trade debts | 44 | €115,917 | €171,383 | +€55,466 | +47.8% |
| Suppliers | 440/4 | €115,917 | €171,383 | +€55,466 | +47.8% |
| Taxes, remuneration and social security | 45 | €18,383 | €12,976 | -€5,407 | -29.4% |
| Remuneration and social security | 454/9 | €18,383 | €12,976 | -€5,407 | -29.4% |
| Other amounts payable | 47/48 | €31,433 | €31,740 | +€307 | +1.0% |
| Accrued charges and deferred income | 492/3 | €39 | €89 | +€49 | +126% |
| Remuneration, social security and pensions | 62 | €220,852 | €226,790 | +€5,937 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,687 | €40,629 | +€1,942 | +5.0% |
| Other operating charges | 640/8 | €677 | €601 | -€77 | -11.3% |
| Gross operating margin | 9900 | €276,541 | €281,224 | +€4,683 | +1.7% |
| Operating profit (loss) | 9901 | €16,324 | €13,205 | -€3,120 | -19.1% |
| Financial income | 75/76B | €94 | €39 | -€56 | -59.0% |
| Recurring financial income | 75 | €94 | €39 | -€56 | -59.0% |
| Financial charges | 65/66B | €8,069 | €6,731 | -€1,337 | -16.6% |
| Recurring financial charges | 65 | €8,069 | €6,731 | -€1,337 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €8,350 | €6,512 | -€1,838 | -22.0% |
| Profit (loss) for the period | 9904 | €8,350 | €6,512 | -€1,838 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,350 | €6,512 | -€1,838 | -22.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.