ACCOUNTING TECHNOLOGY: 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.
ACCOUNTING TECHNOLOGY
Largest movements
- Tangible fixed assets +€312,200
up €312,200 (+80.4%), from €388,517 to €700,717
of which Land and buildings: +€337,624
- Receivables within one year +€73,924
up €73,924 (+124.3%), from €59,461 to €133,385
of which Trade receivables: +€69,746
- Debts after one year +€309,067
up €309,067 (+140.9%), from €219,363 to €528,430
- Reserves +€50,000
up €50,000 (+30.1%), from €166,257 to €216,257
of which Distributable reserves: +€50,000
- Short-term financial debts +€22,500
new in 2025: €22,500
- Current portion of long-term debt +€9,455
up €9,455 (+15.4%), from €61,206 to €70,661
- Gross operating margin +€27,518
up €27,518 (+20.5%), from €134,289 to €161,807
- Depreciation +€24,375
up €24,375 (+59.8%), from €40,753 to €65,128
- Financial charges +€4,544
up €4,544 (+62.7%), from €7,246 to €11,790
- Taxes -€3,719
down €3,719 (-11.4%), from €32,693 to €28,974
- Staff costs +€3,640
new in 2025: €3,640
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.
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 | €518,628 | €909,363 | +€390,735 | +75.3% |
| Fixed assets | 21/28 | €388,949 | €701,189 | +€312,240 | +80.3% |
| Intangible fixed assets | 21 | €282 | €112 | -€170 | -60.3% |
| Tangible fixed assets | 22/27 | €388,517 | €700,717 | +€312,200 | +80.4% |
| Land and buildings | 22 | €306,963 | €644,587 | +€337,624 | +110.0% |
| Furniture and vehicles | 24 | €81,554 | €56,130 | -€25,424 | -31.2% |
| Financial fixed assets | 28 | €150 | €360 | +€210 | +140.0% |
| Current assets | 29/58 | €129,679 | €208,174 | +€78,495 | +60.5% |
| Amounts receivable within one year | 40/41 | €59,461 | €133,385 | +€73,924 | +124.3% |
| Trade receivables | 40 | €57,393 | €127,139 | +€69,746 | +121.5% |
| Other amounts receivable | 41 | €2,068 | €6,246 | +€4,178 | +202.0% |
| Cash at bank and in hand | 54/58 | €66,945 | €69,129 | +€2,184 | +3.3% |
| Deferred charges and accrued income | 490/1 | €3,273 | €5,660 | +€2,387 | +72.9% |
| Total equity and liabilities | 10/49 | €518,628 | €909,363 | +€390,735 | +75.3% |
| Equity | 10/15 | €225,068 | €275,239 | +€50,171 | +22.3% |
| 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 | €166,257 | €216,257 | +€50,000 | +30.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €164,397 | €214,397 | +€50,000 | +30.4% |
| Profit (loss) carried forward | 14 | €40,211 | €40,382 | +€171 | +0.4% |
| Amounts payable | 17/49 | €293,560 | €634,124 | +€340,564 | +116.0% |
| Amounts payable after more than one year | 17 | €219,363 | €528,430 | +€309,067 | +140.9% |
| Financial debts | 170/4 | €219,363 | €528,430 | +€309,067 | +140.9% |
| Amounts payable within one year | 42/48 | €74,006 | €105,503 | +€31,497 | +42.6% |
| Current portion of amounts payable after more than one year | 42 | €61,206 | €70,661 | +€9,455 | +15.4% |
| Financial debts | 43 | - | €22,500 | +€22,500 | |
| Other loans | 439 | - | €22,500 | +€22,500 | |
| Trade debts | 44 | €7,376 | €6,765 | -€611 | -8.3% |
| Suppliers | 440/4 | €7,376 | €6,765 | -€611 | -8.3% |
| Taxes, remuneration and social security | 45 | €5,424 | €5,577 | +€153 | +2.8% |
| Taxes | 450/3 | - | €5,577 | +€5,577 | |
| Remuneration and social security | 454/9 | €5,424 | - | -€5,424 | |
| Accrued charges and deferred income | 492/3 | €191 | €191 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €3,640 | +€3,640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,753 | €65,128 | +€24,375 | +59.8% |
| Other operating charges | 640/8 | €2,936 | €3,770 | +€834 | +28.4% |
| Gross operating margin | 9900 | €134,289 | €161,807 | +€27,518 | +20.5% |
| Operating profit (loss) | 9901 | €90,600 | €89,269 | -€1,331 | -1.5% |
| Financial income | 75/76B | €1,258 | €2,566 | +€1,308 | +104.0% |
| Recurring financial income | 75 | €1,258 | €2,566 | +€1,308 | +104.0% |
| Financial charges | 65/66B | €7,246 | €11,790 | +€4,544 | +62.7% |
| Recurring financial charges | 65 | €7,246 | €11,790 | +€4,544 | +62.7% |
| Profit (loss) for the period before taxes | 9903 | €84,612 | €80,045 | -€4,567 | -5.4% |
| Income taxes | 67/77 | €32,693 | €28,974 | -€3,719 | -11.4% |
| Profit (loss) for the period | 9904 | €51,919 | €51,071 | -€848 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,919 | €51,071 | -€848 | -1.6% |
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 9 October 2026 via checked.be.