Tactive: 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.
Tactive
Largest movements
- Tangible fixed assets -€147,092
down €147,092 (-98.8%), from €148,922 to €1,830
- Financial fixed assets -€54,429
down €54,429 (-3.3%), from €1.7m to €1.6m
- Cash +€22,610
up €22,610 (+84.1%), from €26,892 to €49,502
mainly Investment in fixed assets (net) (+€167,196) and Trade debts (+€45,595)
- Current portion of long-term debt -€126,721
down €126,721 (-79.3%), from €159,752 to €33,031
- Tax, wage and social debts -€63,313
down €63,313 (-98.5%), from €64,280 to €968
- Trade debts +€45,595
up €45,595 (+1,893%), from €2,408 to €48,004
- Profit (loss) carried forward -€44,467
new in 2025: -€44,467
- Other debts +€43,775
up €43,775 (+799%), from €5,477 to €49,252
- Gross operating margin -€137,697
down €137,697 (-65.1%), from €211,395 to €73,699
- Write-downs +€64,037
new in 2025: €64,037
- Taxes -€48,027
no longer reported in 2025 (was €48,027)
- Depreciation +€11,624
up €11,624 (+51.2%), from €22,701 to €34,325
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 | €1,833,170 | €1,655,008 | -€178,162 | -9.7% |
| Fixed assets | 21/28 | €1,806,068 | €1,604,547 | -€201,521 | -11.2% |
| Tangible fixed assets | 22/27 | €148,922 | €1,830 | -€147,092 | -98.8% |
| Furniture and vehicles | 24 | €148,922 | €1,830 | -€147,092 | -98.8% |
| Financial fixed assets | 28 | €1,657,146 | €1,602,717 | -€54,429 | -3.3% |
| Current assets | 29/58 | €27,101 | €50,461 | +€23,359 | +86.2% |
| Amounts receivable within one year | 40/41 | - | €959 | +€959 | |
| Other amounts receivable | 41 | - | €959 | +€959 | |
| Cash at bank and in hand | 54/58 | €26,892 | €49,502 | +€22,610 | +84.1% |
| Deferred charges and accrued income | 490/1 | €209 | - | -€209 | |
| Total equity and liabilities | 10/49 | €1,833,170 | €1,655,008 | -€178,162 | -9.7% |
| Equity | 10/15 | €255,034 | €210,566 | -€44,467 | -17.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €253,034 | €253,034 | = | 0.0% |
| Distributable reserves | 133 | €253,034 | €253,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€44,467 | -€44,467 | |
| Amounts payable | 17/49 | €1,578,136 | €1,444,442 | -€133,694 | -8.5% |
| Amounts payable after more than one year | 17 | €1,346,218 | €1,313,187 | -€33,031 | -2.5% |
| Financial debts | 170/4 | €1,346,218 | €1,313,187 | -€33,031 | -2.5% |
| Amounts payable within one year | 42/48 | €231,918 | €131,254 | -€100,663 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €159,752 | €33,031 | -€126,721 | -79.3% |
| Trade debts | 44 | €2,408 | €48,004 | +€45,595 | +1,893% |
| Suppliers | 440/4 | €2,408 | €48,004 | +€45,595 | +1,893% |
| Taxes, remuneration and social security | 45 | €64,280 | €968 | -€63,313 | -98.5% |
| Taxes | 450/3 | €64,280 | €968 | -€63,313 | -98.5% |
| Other amounts payable | 47/48 | €5,477 | €49,252 | +€43,775 | +799% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €1,896 | +€1,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,701 | €34,325 | +€11,624 | +51.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €64,037 | +€64,037 | |
| Other operating charges | 640/8 | €89 | €877 | +€789 | +891% |
| Non-recurring operating charges | 66A | - | €10,288 | +€10,288 | |
| Gross operating margin | 9900 | €211,395 | €73,699 | -€137,697 | -65.1% |
| Operating profit (loss) | 9901 | €188,605 | -€37,725 | -€226,330 | |
| Financial income | 75/76B | €414 | €100 | -€314 | -75.7% |
| Recurring financial income | 75 | €414 | €100 | -€314 | -75.7% |
| Non-recurring financial income | 76B | - | €100 | +€100 | |
| Financial charges | 65/66B | €5,528 | €6,843 | +€1,315 | +23.8% |
| Recurring financial charges | 65 | €5,528 | €6,679 | +€1,151 | +20.8% |
| Non-recurring financial charges | 66B | - | €164 | +€164 | |
| Profit (loss) for the period before taxes | 9903 | €183,491 | -€44,467 | -€227,959 | |
| Income taxes | 67/77 | €48,027 | - | -€48,027 | |
| Profit (loss) for the period | 9904 | €135,464 | -€44,467 | -€179,931 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,464 | -€44,467 | -€179,931 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.