Advanced Technical Solutions: 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.
Advanced Technical Solutions
Largest movements
- Receivables within one year -€50,835
down €50,835 (-64.3%), from €79,066 to €28,231
of which Trade receivables: -€45,465
- Tangible fixed assets -€40,339
down €40,339 (-21.1%), from €191,221 to €150,882
of which Furniture and vehicles: -€26,370
- Stocks and contracts +€10,500
up €10,500 (+140.0%), from €7,500 to €18,000
- Cash +€10,397
up €10,397 (+8.4%), from €123,447 to €133,843
mainly Other debts (+€61,972) and Receivables within one year (+€50,835)
- Trade debts -€84,718
down €84,718 (-78.6%), from €107,800 to €23,082
- Other debts +€61,972
up €61,972 (+215.5%), from €28,754 to €90,727
- Profit (loss) carried forward -€35,036
down €35,036 (-29.4%), from €119,222 to €84,186
- Debts after one year -€10,375
down €10,375 (-66.0%), from €15,710 to €5,335
- Gross operating margin -€23,780
down €23,780 (-29.5%), from €80,481 to €56,701
- Other operating charges -€10,362
down €10,362 (-86.1%), from €12,040 to €1,677
- Staff costs +€2,164
up €2,164 (+4.5%), from €48,069 to €50,233
- Financial charges -€1,404
down €1,404 (-55.4%), from €2,535 to €1,130
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 | €401,234 | €331,385 | -€69,849 | -17.4% |
| Fixed assets | 21/28 | €191,221 | €150,882 | -€40,339 | -21.1% |
| Tangible fixed assets | 22/27 | €191,221 | €150,882 | -€40,339 | -21.1% |
| Land and buildings | 22 | €98,203 | €86,115 | -€12,088 | -12.3% |
| Plant, machinery and equipment | 23 | €4,027 | €2,145 | -€1,881 | -46.7% |
| Furniture and vehicles | 24 | €88,991 | €62,622 | -€26,370 | -29.6% |
| Current assets | 29/58 | €210,013 | €180,502 | -€29,510 | -14.1% |
| Stocks and contracts in progress | 3 | €7,500 | €18,000 | +€10,500 | +140.0% |
| Stocks | 30/36 | €7,500 | €18,000 | +€10,500 | +140.0% |
| Amounts receivable within one year | 40/41 | €79,066 | €28,231 | -€50,835 | -64.3% |
| Trade receivables | 40 | €61,922 | €16,457 | -€45,465 | -73.4% |
| Other amounts receivable | 41 | €17,144 | €11,774 | -€5,370 | -31.3% |
| Cash at bank and in hand | 54/58 | €123,447 | €133,843 | +€10,397 | +8.4% |
| Deferred charges and accrued income | 490/1 | - | €428 | +€428 | |
| Total equity and liabilities | 10/49 | €401,234 | €331,385 | -€69,849 | -17.4% |
| Equity | 10/15 | €218,349 | €183,313 | -€35,036 | -16.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €80,577 | €80,577 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €78,722 | €78,722 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,222 | €84,186 | -€35,036 | -29.4% |
| Amounts payable | 17/49 | €182,885 | €148,071 | -€34,814 | -19.0% |
| Amounts payable after more than one year | 17 | €15,710 | €5,335 | -€10,375 | -66.0% |
| Financial debts | 170/4 | €15,710 | €5,335 | -€10,375 | -66.0% |
| Amounts payable within one year | 42/48 | €167,175 | €142,736 | -€24,439 | -14.6% |
| Current portion of amounts payable after more than one year | 42 | €11,688 | €10,375 | -€1,313 | -11.2% |
| Trade debts | 44 | €107,800 | €23,082 | -€84,718 | -78.6% |
| Suppliers | 440/4 | €107,800 | €23,082 | -€84,718 | -78.6% |
| Taxes, remuneration and social security | 45 | €18,932 | €18,553 | -€380 | -2.0% |
| Taxes | 450/3 | €16,592 | €14,525 | -€2,067 | -12.5% |
| Remuneration and social security | 454/9 | €2,340 | €4,028 | +€1,688 | +72.1% |
| Other amounts payable | 47/48 | €28,754 | €90,727 | +€61,972 | +215.5% |
| Non-recurring operating income | 76A | - | €1,133 | +€1,133 | |
| Remuneration, social security and pensions | 62 | €48,069 | €50,233 | +€2,164 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,388 | €40,339 | -€49 | -0.1% |
| Other operating charges | 640/8 | €12,040 | €1,677 | -€10,362 | -86.1% |
| Gross operating margin | 9900 | €80,481 | €56,701 | -€23,780 | -29.5% |
| Operating profit (loss) | 9901 | -€20,015 | -€35,548 | -€15,533 | -77.6% |
| Financial income | 75/76B | €1,363 | €1,942 | +€580 | +42.5% |
| Recurring financial income | 75 | €1,363 | €1,942 | +€580 | +42.5% |
| Financial charges | 65/66B | €2,535 | €1,130 | -€1,404 | -55.4% |
| Recurring financial charges | 65 | €2,535 | €1,130 | -€1,404 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | -€21,187 | -€34,736 | -€13,549 | -63.9% |
| Income taxes | 67/77 | €319 | €300 | -€19 | -6.1% |
| Profit (loss) for the period | 9904 | -€21,506 | -€35,036 | -€13,530 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,506 | -€35,036 | -€13,530 | -62.9% |
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 12 October 2026 via checked.be.