A TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€100,775
up €100,775 (+81.4%), from €123,766 to €224,541
of which Other amounts receivable: +€109,675
- Deferred charges and accrued income +€64,747
up €64,747 (+854%), from €7,586 to €72,333
- Tangible fixed assets +€55,770
up €55,770 (+150%), from €37,157 to €92,928
of which Furniture and vehicles: +€48,831
- Cash -€20,784
down €20,784 (-56.1%), from €37,072 to €16,289
mainly Receivables within one year (-€100,775) and Investment in fixed assets (net) (-€80,545)
- Profit (loss) carried forward +€169,599
up €169,599 (+134%), from €126,774 to €296,373
- Tax, wage and social debts +€38,101
up €38,101 (+82.0%), from €46,473 to €84,574
of which Taxes: +€52,584
- Accrued charges and deferred income -€19,394
down €19,394 (-86.3%), from €22,468 to €3,074
- Trade debts +€12,203
up €12,203 (+163%), from €7,465 to €19,668
- Staff costs -€181,405
down €181,405 (-53.1%), from €341,517 to €160,112
- Gross operating margin -€126,862
down €126,862 (-23.7%), from €535,502 to €408,640
- Taxes +€18,837
up €18,837 (+51.2%), from €36,803 to €55,640
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 | €210,681 | €411,189 | +€200,508 | +95.2% |
| Fixed assets | 21/28 | €42,257 | €98,028 | +€55,770 | +132% |
| Tangible fixed assets | 22/27 | €37,157 | €92,928 | +€55,770 | +150% |
| Plant, machinery and equipment | 23 | €4,434 | €11,373 | +€6,940 | +157% |
| Furniture and vehicles | 24 | €32,724 | €81,554 | +€48,831 | +149% |
| Financial fixed assets | 28 | €5,100 | €5,100 | = | 0.0% |
| Current assets | 29/58 | €168,424 | €313,162 | +€144,738 | +85.9% |
| Amounts receivable within one year | 40/41 | €123,766 | €224,541 | +€100,775 | +81.4% |
| Trade receivables | 40 | €8,900 | - | -€8,900 | |
| Other amounts receivable | 41 | €114,866 | €224,541 | +€109,675 | +95.5% |
| Cash at bank and in hand | 54/58 | €37,072 | €16,289 | -€20,784 | -56.1% |
| Deferred charges and accrued income | 490/1 | €7,586 | €72,333 | +€64,747 | +854% |
| Total equity and liabilities | 10/49 | €210,681 | €411,189 | +€200,508 | +95.2% |
| Equity | 10/15 | €134,274 | €303,873 | +€169,599 | +126% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,774 | €296,373 | +€169,599 | +134% |
| Amounts payable | 17/49 | €76,406 | €107,316 | +€30,910 | +40.5% |
| Amounts payable within one year | 42/48 | €53,938 | €104,242 | +€50,303 | +93.3% |
| Trade debts | 44 | €7,465 | €19,668 | +€12,203 | +163% |
| Suppliers | 440/4 | €7,465 | €19,668 | +€12,203 | +163% |
| Taxes, remuneration and social security | 45 | €46,473 | €84,574 | +€38,101 | +82.0% |
| Taxes | 450/3 | €9,445 | €62,029 | +€52,584 | +557% |
| Remuneration and social security | 454/9 | €37,028 | €22,545 | -€14,483 | -39.1% |
| Accrued charges and deferred income | 492/3 | €22,468 | €3,074 | -€19,394 | -86.3% |
| Remuneration, social security and pensions | 62 | €341,517 | €160,112 | -€181,405 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,645 | €24,774 | -€2,870 | -10.4% |
| Other operating charges | 640/8 | €4,261 | €5,467 | +€1,206 | +28.3% |
| Gross operating margin | 9900 | €535,502 | €408,640 | -€126,862 | -23.7% |
| Operating profit (loss) | 9901 | €162,080 | €218,287 | +€56,207 | +34.7% |
| Financial income | 75/76B | €1,964 | €7,138 | +€5,174 | +263% |
| Recurring financial income | 75 | €1,964 | €7,138 | +€5,174 | +263% |
| Financial charges | 65/66B | €467 | €186 | -€280 | -60.1% |
| Recurring financial charges | 65 | €467 | €186 | -€280 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €163,577 | €225,239 | +€61,662 | +37.7% |
| Income taxes | 67/77 | €36,803 | €55,640 | +€18,837 | +51.2% |
| Profit (loss) for the period | 9904 | €126,774 | €169,599 | +€42,824 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €126,774 | €169,599 | +€42,824 | +33.8% |
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 15 October 2026 via checked.be.