ALL-TECH JVD: 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.
ALL-TECH JVD
Largest movements
- Cash +€120,156
up €120,156 (+58.4%), from €205,705 to €325,861
mainly Net result for the year (+€107,459) and Depreciation (+€84,400)
- Tangible fixed assets -€81,313
down €81,313 (-13.2%), from €618,257 to €536,944
- Current investments +€19,366
up €19,366 (+4.5%), from €426,494 to €445,860
- Deferred charges and accrued income +€17,007
up €17,007 (+285%), from €5,972 to €22,980
- Receivables within one year -€16,522
down €16,522 (-14.3%), from €115,878 to €99,356
of which Other amounts receivable: -€12,992
- Reserves +€107,459
up €107,459 (+11.0%), from €979,460 to €1.1m
of which Distributable reserves: +€107,459
- Debts after one year -€34,349
down €34,349 (-15.9%), from €216,360 to €182,011
- Trade debts -€15,174
down €15,174 (-21.1%), from €71,934 to €56,760
- Gross operating margin +€17,268
up €17,268 (+3.1%), from €552,424 to €569,692
- Staff costs +€16,795
up €16,795 (+5.9%), from €284,307 to €301,101
- Financial charges +€6,977
up €6,977 (+41.8%), from €16,687 to €23,664
of which Financial charges: +€17,892
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 | €1,439,399 | €1,499,207 | +€59,808 | +4.2% |
| Fixed assets | 21/28 | €618,257 | €536,944 | -€81,313 | -13.2% |
| Tangible fixed assets | 22/27 | €618,257 | €536,944 | -€81,313 | -13.2% |
| Land and buildings | 22 | €487,408 | €446,753 | -€40,655 | -8.3% |
| Plant, machinery and equipment | 23 | €1,123 | €0 | -€1,123 | -100% |
| Furniture and vehicles | 24 | €129,726 | €90,192 | -€39,534 | -30.5% |
| Current assets | 29/58 | €821,143 | €962,263 | +€141,121 | +17.2% |
| Stocks and contracts in progress | 3 | €67,094 | €68,207 | +€1,113 | +1.7% |
| Stocks | 30/36 | €67,094 | €68,207 | +€1,113 | +1.7% |
| Amounts receivable within one year | 40/41 | €115,878 | €99,356 | -€16,522 | -14.3% |
| Trade receivables | 40 | €102,882 | €99,352 | -€3,530 | -3.4% |
| Other amounts receivable | 41 | €12,995 | €3 | -€12,992 | -100.0% |
| Current investments | 50/53 | €426,494 | €445,860 | +€19,366 | +4.5% |
| Cash at bank and in hand | 54/58 | €205,705 | €325,861 | +€120,156 | +58.4% |
| Deferred charges and accrued income | 490/1 | €5,972 | €22,980 | +€17,007 | +285% |
| Total equity and liabilities | 10/49 | €1,439,399 | €1,499,207 | +€59,808 | +4.2% |
| Equity | 10/15 | €1,035,860 | €1,143,319 | +€107,459 | +10.4% |
| Contributions | 10/11 | €56,400 | €56,400 | = | 0.0% |
| Reserves | 13 | €979,460 | €1,086,919 | +€107,459 | +11.0% |
| Non-distributable reserves | 130/1 | €5,640 | €5,640 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,640 | €5,640 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,700 | €139,700 | = | 0.0% |
| Distributable reserves | 133 | €834,120 | €941,579 | +€107,459 | +12.9% |
| Amounts payable | 17/49 | €403,540 | €355,888 | -€47,652 | -11.8% |
| Amounts payable after more than one year | 17 | €216,360 | €182,011 | -€34,349 | -15.9% |
| Financial debts | 170/4 | €216,360 | €182,011 | -€34,349 | -15.9% |
| Amounts payable within one year | 42/48 | €185,294 | €164,131 | -€21,163 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €33,957 | €34,349 | +€392 | +1.2% |
| Trade debts | 44 | €71,934 | €56,760 | -€15,174 | -21.1% |
| Suppliers | 440/4 | €71,934 | €56,760 | -€15,174 | -21.1% |
| Taxes, remuneration and social security | 45 | €49,464 | €49,639 | +€174 | +0.4% |
| Taxes | 450/3 | €28,270 | €23,544 | -€4,726 | -16.7% |
| Remuneration and social security | 454/9 | €21,194 | €26,094 | +€4,900 | +23.1% |
| Other amounts payable | 47/48 | €29,939 | €23,385 | -€6,555 | -21.9% |
| Accrued charges and deferred income | 492/3 | €1,886 | €9,745 | +€7,859 | +417% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €284,307 | €301,101 | +€16,795 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,350 | €84,400 | +€50 | +0.1% |
| Other operating charges | 640/8 | €6,496 | €5,887 | -€609 | -9.4% |
| Gross operating margin | 9900 | €552,424 | €569,692 | +€17,268 | +3.1% |
| Operating profit (loss) | 9901 | €177,272 | €178,304 | +€1,033 | +0.6% |
| Financial income | 75/76B | €7,722 | €5,740 | -€1,983 | -25.7% |
| Recurring financial income | 75 | €7,722 | €5,740 | -€1,983 | -25.7% |
| Financial charges | 65/66B | €16,687 | €23,664 | +€6,977 | +41.8% |
| Recurring financial charges | 65 | €5,771 | €23,664 | +€17,892 | +310% |
| Non-recurring financial charges | 66B | €10,915 | €0 | -€10,915 | -100% |
| Profit (loss) for the period before taxes | 9903 | €168,307 | €160,380 | -€7,927 | -4.7% |
| Income taxes | 67/77 | €51,492 | €52,920 | +€1,428 | +2.8% |
| Profit (loss) for the period | 9904 | €116,815 | €107,459 | -€9,355 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €116,815 | €107,459 | -€9,355 | -8.0% |
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 16 October 2026 via checked.be.