35 TECH: 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.
35 TECH
Largest movements
- Cash +€15,094
up €15,094 (+155%), from €9,763 to €24,857
mainly Net result for the year (+€20,842) and Depreciation (+€7,269)
- Financial fixed assets +€3,600
new in 2025: €3,600
- Tangible fixed assets -€3,427
down €3,427 (-13.0%), from €26,354 to €22,926
of which Furniture and vehicles: -€5,379
- Receivables within one year -€1,740
down €1,740 (-24.7%), from €7,039 to €5,299
of which Trade receivables: -€1,648
- Deferred charges and accrued income +€1,532
up €1,532 (+54.8%), from €2,798 to €4,330
- Reserves +€20,842
up €20,842 (+2,234%), from €933 to €21,775
- Debts after one year -€8,618
down €8,618 (-100%), from €8,618 to €0
- Tax, wage and social debts +€4,135
up €4,135 (+98.0%), from €4,221 to €8,357
- Other debts -€1,860
down €1,860 (-10.1%), from €18,463 to €16,604
- Trade debts +€1,583
up €1,583 (+72.2%), from €2,192 to €3,775
- Gross operating margin +€28,626
up €28,626 (+338%), from €8,471 to €37,096
- Taxes +€5,537
up €5,537 (+969%), from €571 to €6,109
- Depreciation +€2,925
up €2,925 (+67.3%), from €4,344 to €7,269
- Other operating charges +€408
up €408 (+24.2%), from €1,689 to €2,097
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 | €47,379 | €62,127 | +€14,749 | +31.1% |
| Fixed assets | 21/28 | €27,778 | €27,641 | -€137 | -0.5% |
| Intangible fixed assets | 21 | €1,425 | €1,115 | -€310 | -21.8% |
| Tangible fixed assets | 22/27 | €26,354 | €22,926 | -€3,427 | -13.0% |
| Plant, machinery and equipment | 23 | €2,941 | €4,893 | +€1,952 | +66.4% |
| Furniture and vehicles | 24 | €23,413 | €18,034 | -€5,379 | -23.0% |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €19,600 | €34,486 | +€14,886 | +75.9% |
| Amounts receivable within one year | 40/41 | €7,039 | €5,299 | -€1,740 | -24.7% |
| Trade receivables | 40 | €6,947 | €5,299 | -€1,648 | -23.7% |
| Other amounts receivable | 41 | €92 | €0 | -€92 | -100% |
| Cash at bank and in hand | 54/58 | €9,763 | €24,857 | +€15,094 | +155% |
| Deferred charges and accrued income | 490/1 | €2,798 | €4,330 | +€1,532 | +54.8% |
| Total equity and liabilities | 10/49 | €47,379 | €62,127 | +€14,749 | +31.1% |
| Equity | 10/15 | €3,933 | €24,775 | +€20,842 | +530% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €933 | €21,775 | +€20,842 | +2,234% |
| Distributable reserves | 133 | €933 | €21,775 | +€20,842 | +2,234% |
| Amounts payable | 17/49 | €43,445 | €37,353 | -€6,093 | -14.0% |
| Amounts payable after more than one year | 17 | €8,618 | €0 | -€8,618 | -100% |
| Financial debts | 170/4 | €8,618 | €0 | -€8,618 | -100% |
| Amounts payable within one year | 42/48 | €34,828 | €37,353 | +€2,525 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €9,951 | €8,618 | -€1,334 | -13.4% |
| Trade debts | 44 | €2,192 | €3,775 | +€1,583 | +72.2% |
| Suppliers | 440/4 | €2,192 | €3,775 | +€1,583 | +72.2% |
| Taxes, remuneration and social security | 45 | €4,221 | €8,357 | +€4,135 | +98.0% |
| Taxes | 450/3 | €4,221 | €8,357 | +€4,135 | +98.0% |
| Other amounts payable | 47/48 | €18,463 | €16,604 | -€1,860 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,344 | €7,269 | +€2,925 | +67.3% |
| Other operating charges | 640/8 | €1,689 | €2,097 | +€408 | +24.2% |
| Gross operating margin | 9900 | €8,471 | €37,096 | +€28,626 | +338% |
| Operating profit (loss) | 9901 | €2,438 | €27,730 | +€25,292 | +1,037% |
| Financial income | 75/76B | €5 | €0 | -€5 | -100% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -100% |
| Financial charges | 65/66B | €939 | €780 | -€159 | -16.9% |
| Recurring financial charges | 65 | €939 | €780 | -€159 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | €1,504 | €26,950 | +€25,446 | +1,691% |
| Income taxes | 67/77 | €571 | €6,109 | +€5,537 | +969% |
| Profit (loss) for the period | 9904 | €933 | €20,842 | +€19,908 | +2,134% |
| Profit (loss) for the period to be appropriated | 9905 | €933 | €20,842 | +€19,908 | +2,134% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.