AUDACIA - TECH: 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.
What changed
AUDACIA - TECH
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€70,580
2024 · -€28,919+€99,499
Equity
€1.1m
2024 · €1.0m+€70,580
Cash
€18,463
2024 · €30,265-€11,802
Balance sheet total
€1.4m
2024 · €1.3m+€74,466
Largest movements
Assets
- Receivables within one year +€183,172
up €183,172 (+52.4%), from €349,627 to €532,799
- Tangible fixed assets -€106,904
down €106,904 (-15.5%), from €689,271 to €582,367
of which Land and buildings: -€108,822
Equity and liabilities
- Profit (loss) carried forward +€71,764
up €71,764 (+9.3%), from €768,102 to €839,866
Income statement
- Gross operating margin +€85,600
up €85,600 (+227%), from €37,721 to €123,321
- Depreciation -€14,931
down €14,931 (-25.5%), from €58,648 to €43,717
- Financial charges +€7,446
up €7,446 (+50.1%), from €14,861 to €22,307
- Financial income +€7,401
up €7,401 (+40.2%), from €18,419 to €25,821
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.
Result 2024
-€28,919
Gross operating margin
+€85,600
Depreciation
+€14,931
Other operating charges
-€980
Financial income
+€7,401
Financial charges
-€7,446
Taxes
-€8
Result 2025
€70,580
raises the resultlowers the result
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.
From operations
-€64,869
Investment
+€63,187
Financing
-€10,120
Cash 2024
€30,265
From operations (derived)
-€64,869
Net result for the year
+€70,580
Depreciation
+€43,717
Receivables after one year
-€9,600
Receivables within one year
-€183,172
Smaller working-capital items
-€795
Trade debts
+€3,642
Tax, wage and social debts
+€2,324
Other debts
+€8,435
Investment (derived)
+€63,187
Investment in fixed assets (net)
+€63,187
Financing
-€10,120
Current portion of long-term debt
-€10,120
Cash 2025
€18,463
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,334,490 | €1,408,956 | +€74,466 | +5.6% |
| Fixed assets | 21/28 | €689,271 | €582,367 | -€106,904 | -15.5% |
| Tangible fixed assets | 22/27 | €689,271 | €582,367 | -€106,904 | -15.5% |
| Land and buildings | 22 | €686,949 | €578,127 | -€108,822 | -15.8% |
| Furniture and vehicles | 24 | €2,322 | €4,240 | +€1,918 | +82.6% |
| Current assets | 29/58 | €645,219 | €826,589 | +€181,370 | +28.1% |
| Amounts receivable after more than one year | 29 | €262,041 | €271,641 | +€9,600 | +3.7% |
| Other amounts receivable | 291 | €262,041 | €271,641 | +€9,600 | +3.7% |
| Amounts receivable within one year | 40/41 | €349,627 | €532,799 | +€183,172 | +52.4% |
| Other amounts receivable | 41 | €349,627 | €532,799 | +€183,172 | +52.4% |
| Cash at bank and in hand | 54/58 | €30,265 | €18,463 | -€11,802 | -39.0% |
| Deferred charges and accrued income | 490/1 | €3,286 | €3,687 | +€401 | +12.2% |
| Total equity and liabilities | 10/49 | €1,334,490 | €1,408,956 | +€74,466 | +5.6% |
| Equity | 10/15 | €1,043,921 | €1,114,500 | +€70,580 | +6.8% |
| Contributions | 10/11 | €41,000 | €41,000 | = | 0.0% |
| Reserves | 13 | €234,819 | €233,635 | -€1,184 | -0.5% |
| Tax-exempt reserves | 132 | €14,209 | €13,025 | -€1,184 | -8.3% |
| Distributable reserves | 133 | €220,610 | €220,610 | = | 0.0% |
| Profit (loss) carried forward | 14 | €768,102 | €839,866 | +€71,764 | +9.3% |
| Provisions and deferred taxes | 16 | €4,731 | €4,337 | -€394 | -8.3% |
| Deferred taxes | 168 | €4,731 | €4,337 | -€394 | -8.3% |
| Amounts payable | 17/49 | €285,839 | €290,119 | +€4,281 | +1.5% |
| Amounts payable within one year | 42/48 | €284,351 | €288,631 | +€4,281 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €10,120 | - | -€10,120 | |
| Trade debts | 44 | €1,236 | €4,878 | +€3,642 | +295% |
| Suppliers | 440/4 | €1,236 | €4,878 | +€3,642 | +295% |
| Taxes, remuneration and social security | 45 | €5,888 | €8,211 | +€2,324 | +39.5% |
| Taxes | 450/3 | €5,888 | €8,211 | +€2,324 | +39.5% |
| Other amounts payable | 47/48 | €267,107 | €275,542 | +€8,435 | +3.2% |
| Accrued charges and deferred income | 492/3 | €1,488 | €1,488 | = | 0.0% |
| Non-recurring operating income | 76A | - | €102,500 | +€102,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,648 | €43,717 | -€14,931 | -25.5% |
| Other operating charges | 640/8 | €11,739 | €12,719 | +€980 | +8.3% |
| Gross operating margin | 9900 | €37,721 | €123,321 | +€85,600 | +227% |
| Operating profit (loss) | 9901 | -€32,667 | €66,885 | +€99,552 | |
| Financial income | 75/76B | €18,419 | €25,821 | +€7,401 | +40.2% |
| Recurring financial income | 75 | €18,419 | €25,821 | +€7,401 | +40.2% |
| Financial charges | 65/66B | €14,861 | €22,307 | +€7,446 | +50.1% |
| Recurring financial charges | 65 | €14,861 | €22,307 | +€7,446 | +50.1% |
| Profit (loss) for the period before taxes | 9903 | -€29,109 | €70,398 | +€99,507 | |
| Transfer from deferred taxes | 780 | €394 | €394 | = | 0.0% |
| Income taxes | 67/77 | €204 | €213 | +€8 | +3.9% |
| Profit (loss) for the period | 9904 | -€28,919 | €70,580 | +€99,499 | |
| Transfer from tax-exempt reserves | 789 | €1,184 | €1,184 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,735 | €71,764 | +€99,499 |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.