Advanced Technology and Applied Science: 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 Technology and Applied Science
Largest movements
- Tangible fixed assets +€18,074
up €18,074 (+39.7%), from €45,508 to €63,583
of which Other tangible fixed assets: +€27,945
- Cash +€1,698
up €1,698 (+374%), from €454 to €2,151
mainly Other debts (+€26,013) and Depreciation (+€15,434)
- Other debts +€26,013
up €26,013 (+54.1%), from €48,045 to €74,058
- Profit (loss) carried forward -€9,303
down €9,303 (-179%), from -€5,185 to -€14,488
- Accrued charges and deferred income +€1,700
up €1,700 (+65.4%), from €2,600 to €4,300
- Trade debts +€1,060
up €1,060 (+168%), from €629 to €1,689
- Gross operating margin +€9,149
up €9,149, from -€1,987 to €7,162
- Other operating charges -€1,236
down €1,236 (-61.6%), from €2,007 to €771
- Depreciation +€649
up €649 (+4.4%), from €14,785 to €15,434
- Taxes -€100
down €100 (-57.1%), from €174 to €75
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 | €51,386 | €70,808 | +€19,422 | +37.8% |
| Fixed assets | 21/28 | €45,508 | €63,583 | +€18,074 | +39.7% |
| Tangible fixed assets | 22/27 | €45,508 | €63,583 | +€18,074 | +39.7% |
| Plant, machinery and equipment | 23 | €4,119 | €2,065 | -€2,054 | -49.9% |
| Furniture and vehicles | 24 | €15,624 | €7,807 | -€7,816 | -50.0% |
| Other tangible fixed assets | 26 | €25,766 | €53,710 | +€27,945 | +108% |
| Current assets | 29/58 | €5,878 | €7,225 | +€1,348 | +22.9% |
| Amounts receivable within one year | 40/41 | €4,614 | €4,140 | -€474 | -10.3% |
| Trade receivables | 40 | €2,436 | €0 | -€2,436 | -100% |
| Other amounts receivable | 41 | €2,178 | €4,140 | +€1,962 | +90.1% |
| Cash at bank and in hand | 54/58 | €454 | €2,151 | +€1,698 | +374% |
| Deferred charges and accrued income | 490/1 | €809 | €934 | +€124 | +15.4% |
| Total equity and liabilities | 10/49 | €51,386 | €70,808 | +€19,422 | +37.8% |
| Equity | 10/15 | -€185 | -€9,488 | -€9,303 | -5,018% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,185 | -€14,488 | -€9,303 | -179% |
| Amounts payable | 17/49 | €51,572 | €80,296 | +€28,725 | +55.7% |
| Amounts payable within one year | 42/48 | €48,972 | €75,996 | +€27,025 | +55.2% |
| Trade debts | 44 | €629 | €1,689 | +€1,060 | +168% |
| Suppliers | 440/4 | €629 | €1,689 | +€1,060 | +168% |
| Taxes, remuneration and social security | 45 | €298 | €249 | -€48 | -16.2% |
| Taxes | 450/3 | €298 | €249 | -€48 | -16.2% |
| Other amounts payable | 47/48 | €48,045 | €74,058 | +€26,013 | +54.1% |
| Accrued charges and deferred income | 492/3 | €2,600 | €4,300 | +€1,700 | +65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,785 | €15,434 | +€649 | +4.4% |
| Other operating charges | 640/8 | €2,007 | €771 | -€1,236 | -61.6% |
| Gross operating margin | 9900 | -€1,987 | €7,162 | +€9,149 | |
| Operating profit (loss) | 9901 | -€18,779 | -€9,043 | +€9,737 | +51.8% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.3% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.3% |
| Financial charges | 65/66B | €203 | €185 | -€18 | -8.7% |
| Recurring financial charges | 65 | €203 | €185 | -€18 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,973 | -€9,228 | +€9,745 | +51.4% |
| Income taxes | 67/77 | €174 | €75 | -€100 | -57.1% |
| Profit (loss) for the period | 9904 | -€19,147 | -€9,303 | +€9,845 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,147 | -€9,303 | +€9,845 | +51.4% |
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 27 October 2026 via checked.be.