AS Technique: what changed
Two fiscal 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.
AS Technique
Largest movements
- Receivables within one year +€46,570
up €46,570 (+21.2%), from €220,091 to €266,661
of which Other amounts receivable: +€25,428
- Profit (loss) carried forward +€24,276
up €24,276 (+29.8%), from €81,526 to €105,802
- Advances received +€14,200
up €14,200 (+28.8%), from €49,268 to €63,468
- Trade debts +€8,752
up €8,752 (+44.8%), from €19,551 to €28,303
- Gross operating margin -€10,359
down €10,359 (-23.6%), from €43,802 to €33,443
- Staff costs -€5,116
no longer reported in 2025 (was €5,116)
- Taxes -€3,884
down €3,884 (-30.2%), from €12,851 to €8,967
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 | €220,100 | €266,661 | +€46,562 | +21.2% |
| Current assets | 29/58 | €220,100 | €266,661 | +€46,562 | +21.2% |
| Amounts receivable within one year | 40/41 | €220,091 | €266,661 | +€46,570 | +21.2% |
| Trade receivables | 40 | €47,114 | €68,256 | +€21,142 | +44.9% |
| Other amounts receivable | 41 | €172,977 | €198,405 | +€25,428 | +14.7% |
| Cash at bank and in hand | 54/58 | €9 | - | -€9 | |
| Total equity and liabilities | 10/49 | €220,100 | €266,661 | +€46,562 | +21.2% |
| Equity | 10/15 | €94,546 | €118,822 | +€24,276 | +25.7% |
| Contributions | 10/11 | €13,020 | €13,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,526 | €105,802 | +€24,276 | +29.8% |
| Amounts payable | 17/49 | €125,554 | €147,839 | +€22,286 | +17.7% |
| Amounts payable within one year | 42/48 | €125,554 | €147,839 | +€22,286 | +17.7% |
| Trade debts | 44 | €19,551 | €28,303 | +€8,752 | +44.8% |
| Suppliers | 440/4 | €19,551 | €28,303 | +€8,752 | +44.8% |
| Advances received on contracts in progress | 46 | €49,268 | €63,468 | +€14,200 | +28.8% |
| Taxes, remuneration and social security | 45 | €54,985 | €56,069 | +€1,084 | +2.0% |
| Taxes | 450/3 | €45,261 | €52,844 | +€7,584 | +16.8% |
| Remuneration and social security | 454/9 | €9,725 | €3,225 | -€6,500 | -66.8% |
| Other amounts payable | 47/48 | €1,750 | - | -€1,750 | |
| Remuneration, social security and pensions | 62 | €5,116 | - | -€5,116 | |
| Other operating charges | 640/8 | €215 | €48 | -€167 | -77.7% |
| Gross operating margin | 9900 | €43,802 | €33,443 | -€10,359 | -23.6% |
| Operating profit (loss) | 9901 | €38,471 | €33,395 | -€5,076 | -13.2% |
| Financial charges | 65/66B | €198 | €151 | -€47 | -23.5% |
| Recurring financial charges | 65 | €198 | €151 | -€47 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €38,273 | €33,243 | -€5,029 | -13.1% |
| Income taxes | 67/77 | €12,851 | €8,967 | -€3,884 | -30.2% |
| Profit (loss) for the period | 9904 | €25,422 | €24,276 | -€1,146 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,422 | €24,276 | -€1,146 | -4.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.