1-TECH: 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.
1-TECH
Largest movements
- Cash +€41,779
up €41,779 (+31.0%), from €134,852 to €176,630
mainly Advances received (+€43,671) and Net result for the year (+€19,535)
- Receivables within one year +€29,499
up €29,499 (+157.8%), from €18,697 to €48,196
of which Trade receivables: +€29,600
- Advances received +€43,671
new in 2024: €43,671
- Reserves +€19,535
up €19,535 (+13.0%), from €149,925 to €169,460
- Other debts +€6,420
up €6,420 (+9.4%), from €67,999 to €74,419
- Gross operating margin +€8,753
up €8,753 (+32.3%), from €27,105 to €35,858
- Financial charges +€2,878
up €2,878 (+107.4%), from €2,679 to €5,557
- Taxes +€1,946
up €1,946 (+23.2%), from €8,373 to €10,319
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,019 | €487,656 | +€70,637 | +16.9% |
| Fixed assets | 21/28 | €262,421 | €261,781 | -€640 | -0.2% |
| Tangible fixed assets | 22/27 | €1,850 | €1,210 | -€640 | -34.6% |
| Furniture and vehicles | 24 | €35 | - | -€35 | |
| Other tangible fixed assets | 26 | €1,815 | €1,210 | -€605 | -33.3% |
| Financial fixed assets | 28 | €260,571 | €260,571 | = | 0.0% |
| Current assets | 29/58 | €154,598 | €225,875 | +€71,277 | +46.1% |
| Amounts receivable within one year | 40/41 | €18,697 | €48,196 | +€29,499 | +157.8% |
| Trade receivables | 40 | €18,201 | €47,801 | +€29,600 | +162.6% |
| Other amounts receivable | 41 | €496 | €394 | -€101 | -20.4% |
| Cash at bank and in hand | 54/58 | €134,852 | €176,630 | +€41,779 | +31.0% |
| Deferred charges and accrued income | 490/1 | €1,049 | €1,049 | = | 0.0% |
| Total equity and liabilities | 10/49 | €417,019 | €487,656 | +€70,637 | +16.9% |
| Equity | 10/15 | €291,952 | €311,487 | +€19,535 | +6.7% |
| Contributions | 10/11 | €20,900 | €20,900 | = | 0.0% |
| Revaluation surpluses | 12 | €97,503 | €97,503 | = | 0.0% |
| Reserves | 13 | €149,925 | €169,460 | +€19,535 | +13.0% |
| Distributable reserves | 133 | €149,925 | €169,460 | +€19,535 | +13.0% |
| Profit (loss) carried forward | 14 | €23,624 | €23,624 | +€0 | 0.0% |
| Amounts payable | 17/49 | €125,067 | €176,169 | +€51,102 | +40.9% |
| Amounts payable after more than one year | 17 | €47,715 | €45,215 | -€2,500 | -5.2% |
| Other amounts payable | 178/9 | €47,715 | €45,215 | -€2,500 | -5.2% |
| Amounts payable within one year | 42/48 | €77,352 | €126,286 | +€48,934 | +63.3% |
| Financial debts | 43 | €0 | - | -€0 | |
| Credit institutions | 430/8 | €0 | - | -€0 | |
| Trade debts | 44 | €3,224 | €678 | -€2,546 | -79.0% |
| Suppliers | 440/4 | €3,224 | €678 | -€2,546 | -79.0% |
| Advances received on contracts in progress | 46 | - | €43,671 | +€43,671 | |
| Taxes, remuneration and social security | 45 | €6,128 | €7,518 | +€1,390 | +22.7% |
| Taxes | 450/3 | €5,373 | €7,518 | +€2,145 | +39.9% |
| Remuneration and social security | 454/9 | €755 | - | -€755 | |
| Other amounts payable | 47/48 | €67,999 | €74,419 | +€6,420 | +9.4% |
| Accrued charges and deferred income | 492/3 | - | €4,668 | +€4,668 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | €640 | -€140 | -17.9% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €27,105 | €35,858 | +€8,753 | +32.3% |
| Operating profit (loss) | 9901 | €25,941 | €34,830 | +€8,890 | +34.3% |
| Financial income | 75/76B | €553 | €580 | +€27 | +4.9% |
| Recurring financial income | 75 | €553 | €580 | +€27 | +4.9% |
| Financial charges | 65/66B | €2,679 | €5,557 | +€2,878 | +107.4% |
| Recurring financial charges | 65 | €2,679 | €5,557 | +€2,878 | +107.4% |
| Profit (loss) for the period before taxes | 9903 | €23,816 | €29,854 | +€6,039 | +25.4% |
| Income taxes | 67/77 | €8,373 | €10,319 | +€1,946 | +23.2% |
| Profit (loss) for the period | 9904 | €15,442 | €19,535 | +€4,093 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,442 | €19,535 | +€4,093 | +26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.