A+++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.
A+++TECH
Largest movements
- Cash -€62,379
down €62,379 (-78.9%), from €79,055 to €16,676
mainly Receivables within one year (-€48,904) and Current portion of long-term debt (-€19,637)
- Receivables within one year +€48,904
up €48,904 (+43.3%), from €112,896 to €161,800
of which Trade receivables: +€44,132
- Tangible fixed assets -€21,608
down €21,608 (-31.4%), from €68,844 to €47,236
of which Furniture and vehicles: -€11,520
- Current portion of long-term debt -€19,637
no longer reported in 2025 (was €19,637)
- Trade debts -€18,700
down €18,700 (-48.6%), from €38,514 to €19,814
- Tax, wage and social debts +€13,168
up €13,168 (+47.2%), from €27,877 to €41,045
of which Remuneration and social security: +€13,336
- Debts after one year -€10,275
down €10,275 (-26.8%), from €38,372 to €28,098
- Turnover -€219,035
down €219,035 (-32.6%), from €671,391 to €452,355
- Purchases and services -€171,728
down €171,728 (-32.8%), from €523,168 to €351,441
- Gross operating margin -€81,179
down €81,179 (-43.1%), from €188,443 to €107,264
- Staff costs -€76,216
down €76,216 (-54.2%), from €140,563 to €64,346
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.
Cash bridge derived
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 | €296,642 | €261,759 | -€34,883 | -11.8% |
| Fixed assets | 21/28 | €68,926 | €47,318 | -€21,608 | -31.3% |
| Tangible fixed assets | 22/27 | €68,844 | €47,236 | -€21,608 | -31.4% |
| Land and buildings | 22 | €1,236 | - | -€1,236 | |
| Plant, machinery and equipment | 23 | €13,643 | €4,792 | -€8,851 | -64.9% |
| Furniture and vehicles | 24 | €53,964 | €42,444 | -€11,520 | -21.3% |
| Financial fixed assets | 28 | €82 | €82 | = | 0.0% |
| Current assets | 29/58 | €227,716 | €214,441 | -€13,275 | -5.8% |
| Stocks and contracts in progress | 3 | €35,765 | €35,965 | +€200 | +0.6% |
| Stocks | 30/36 | €765 | €965 | +€200 | +26.1% |
| Contracts in progress | 37 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €112,896 | €161,800 | +€48,904 | +43.3% |
| Trade receivables | 40 | €109,135 | €153,268 | +€44,132 | +40.4% |
| Other amounts receivable | 41 | €3,761 | €8,532 | +€4,772 | +126.9% |
| Cash at bank and in hand | 54/58 | €79,055 | €16,676 | -€62,379 | -78.9% |
| Total equity and liabilities | 10/49 | €296,642 | €261,759 | -€34,883 | -11.8% |
| Equity | 10/15 | €172,242 | €172,802 | +€560 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,578 | €158,578 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €156,718 | €156,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,936 | -€4,376 | +€560 | +11.3% |
| Amounts payable | 17/49 | €124,400 | €88,957 | -€35,443 | -28.5% |
| Amounts payable after more than one year | 17 | €38,372 | €28,098 | -€10,275 | -26.8% |
| Financial debts | 170/4 | €38,372 | €28,098 | -€10,275 | -26.8% |
| Amounts payable within one year | 42/48 | €86,027 | €60,859 | -€25,168 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €19,637 | - | -€19,637 | |
| Trade debts | 44 | €38,514 | €19,814 | -€18,700 | -48.6% |
| Suppliers | 440/4 | €38,514 | €19,814 | -€18,700 | -48.6% |
| Taxes, remuneration and social security | 45 | €27,877 | €41,045 | +€13,168 | +47.2% |
| Taxes | 450/3 | €18,820 | €18,652 | -€168 | -0.9% |
| Remuneration and social security | 454/9 | €9,057 | €22,393 | +€13,336 | +147.2% |
| Turnover | 70 | €671,391 | €452,355 | -€219,035 | -32.6% |
| Non-recurring operating income | 76A | €40,220 | €6,349 | -€33,871 | -84.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €523,168 | €351,441 | -€171,728 | -32.8% |
| Remuneration, social security and pensions | 62 | €140,563 | €64,346 | -€76,216 | -54.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,825 | €32,521 | -€304 | -0.9% |
| Other operating charges | 640/8 | €7,642 | €2,072 | -€5,571 | -72.9% |
| Gross operating margin | 9900 | €188,443 | €107,264 | -€81,179 | -43.1% |
| Operating profit (loss) | 9901 | €7,413 | €8,325 | +€912 | +12.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €8,323 | €2,362 | -€5,961 | -71.6% |
| Recurring financial charges | 65 | €8,323 | €2,362 | -€5,961 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | -€910 | €5,963 | +€6,874 | |
| Income taxes | 67/77 | €4,026 | €5,403 | +€1,377 | +34.2% |
| Profit (loss) for the period | 9904 | -€4,936 | €560 | +€5,496 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,936 | €560 | +€5,496 |
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 12 October 2026 via checked.be.