Ar 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.
Ar Technics
Largest movements
- Stocks and contracts -€13,511
down €13,511 (-49.6%), from €27,268 to €13,756
of which Contracts in progress: -€13,511
- Receivables within one year +€12,584
up €12,584 (+37.9%), from €33,233 to €45,818
of which Other amounts receivable: +€7,317
- Cash +€4,504
new in 2025: €4,504
mainly Trade debts (+€24,359) and Stocks and contracts (+€13,511)
- Tangible fixed assets -€1,196
down €1,196 (-15.3%), from €7,827 to €6,631
- Deferred charges and accrued income -€1,080
down €1,080 (-36.6%), from €2,951 to €1,871
- Trade debts +€24,359
up €24,359 (+306%), from €7,951 to €32,310
- Debts after one year -€8,169
down €8,169 (-53.8%), from €15,192 to €7,023
- Short-term financial debts -€8,049
down €8,049 (-100%), from €8,049 to €0
- Tax, wage and social debts -€7,866
down €7,866 (-70.4%), from €11,166 to €3,300
- Other debts +€4,405
up €4,405 (+65.1%), from €6,771 to €11,176
- Depreciation +€931
up €931 (+64.3%), from €1,447 to €2,378
- Gross operating margin -€712
down €712 (-19.6%), from €3,631 to €2,919
- Financial income -€696
down €696 (-95.9%), from €726 to €30
- Other operating charges -€273
down €273 (-28.0%), from €974 to €701
- Financial charges -€209
down €209 (-8.7%), from €2,419 to €2,210
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 | €71,279 | €72,579 | +€1,300 | +1.8% |
| Fixed assets | 21/28 | €7,827 | €6,631 | -€1,196 | -15.3% |
| Tangible fixed assets | 22/27 | €7,827 | €6,631 | -€1,196 | -15.3% |
| Furniture and vehicles | 24 | €7,827 | €6,631 | -€1,196 | -15.3% |
| Current assets | 29/58 | €63,452 | €65,948 | +€2,496 | +3.9% |
| Stocks and contracts in progress | 3 | €27,268 | €13,756 | -€13,511 | -49.6% |
| Stocks | 30/36 | €6,750 | €6,750 | = | 0.0% |
| Contracts in progress | 37 | €20,518 | €7,006 | -€13,511 | -65.9% |
| Amounts receivable within one year | 40/41 | €33,233 | €45,818 | +€12,584 | +37.9% |
| Trade receivables | 40 | €33,233 | €38,500 | +€5,267 | +15.8% |
| Other amounts receivable | 41 | €0 | €7,317 | +€7,317 | |
| Cash at bank and in hand | 54/58 | - | €4,504 | +€4,504 | |
| Deferred charges and accrued income | 490/1 | €2,951 | €1,871 | -€1,080 | -36.6% |
| Total equity and liabilities | 10/49 | €71,279 | €72,579 | +€1,300 | +1.8% |
| Equity | 10/15 | €12,942 | €10,601 | -€2,340 | -18.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,742 | €4,401 | -€2,340 | -34.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €6,742 | €4,401 | -€2,340 | -34.7% |
| Amounts payable | 17/49 | €58,338 | €61,978 | +€3,640 | +6.2% |
| Amounts payable after more than one year | 17 | €15,192 | €7,023 | -€8,169 | -53.8% |
| Financial debts | 170/4 | €15,192 | €7,023 | -€8,169 | -53.8% |
| Amounts payable within one year | 42/48 | €43,146 | €54,955 | +€11,810 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €9,209 | €8,169 | -€1,040 | -11.3% |
| Financial debts | 43 | €8,049 | €0 | -€8,049 | -100% |
| Credit institutions | 430/8 | €8,049 | €0 | -€8,049 | -100% |
| Trade debts | 44 | €7,951 | €32,310 | +€24,359 | +306% |
| Suppliers | 440/4 | €7,951 | €32,310 | +€24,359 | +306% |
| Taxes, remuneration and social security | 45 | €11,166 | €3,300 | -€7,866 | -70.4% |
| Taxes | 450/3 | €11,166 | €3,300 | -€7,866 | -70.4% |
| Other amounts payable | 47/48 | €6,771 | €11,176 | +€4,405 | +65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,447 | €2,378 | +€931 | +64.3% |
| Other operating charges | 640/8 | €974 | €701 | -€273 | -28.0% |
| Gross operating margin | 9900 | €3,631 | €2,919 | -€712 | -19.6% |
| Operating profit (loss) | 9901 | €1,210 | -€160 | -€1,370 | |
| Financial income | 75/76B | €726 | €30 | -€696 | -95.9% |
| Recurring financial income | 75 | €726 | €30 | -€696 | -95.9% |
| Financial charges | 65/66B | €2,419 | €2,210 | -€209 | -8.7% |
| Recurring financial charges | 65 | €2,419 | €2,210 | -€209 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€484 | -€2,340 | -€1,857 | -384% |
| Profit (loss) for the period | 9904 | -€484 | -€2,340 | -€1,857 | -384% |
| Profit (loss) for the period to be appropriated | 9905 | -€484 | -€2,340 | -€1,857 | -384% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.