AUTOMATION CONTROL: 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.
AUTOMATION CONTROL
Largest movements
- Receivables within one year +€86,433
up €86,433 (+46.9%), from €184,344 to €270,777
of which Trade receivables: +€84,753
- Receivables after one year -€39,352
down €39,352 (-28.5%), from €138,126 to €98,774
- Tangible fixed assets -€39,189
down €39,189 (-4.3%), from €905,931 to €866,742
of which Land and buildings: -€35,426
- Cash -€38,870
down €38,870 (-47.2%), from €82,379 to €43,509
mainly Debts after one year (-€89,767) and Receivables within one year (-€86,433)
- Debts after one year -€89,767
down €89,767 (-12.6%), from €712,341 to €622,574
- Reserves +€74,159
up €74,159 (+21.3%), from €347,997 to €422,156
- Gross operating margin +€35,530
up €35,530 (+22.4%), from €158,724 to €194,253
- Taxes +€11,144
up €11,144 (+48.7%), from €22,860 to €34,003
- Financial income -€8,102
down €8,102 (-53.9%), from €15,035 to €6,932
of which Non-recurring financial income: -€9,500
- Other operating charges +€3,392
up €3,392 (+36.9%), from €9,189 to €12,581
- Depreciation +€2,942
up €2,942 (+6.4%), from €45,927 to €48,870
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 | €1,313,070 | €1,283,393 | -€29,677 | -2.3% |
| Fixed assets | 21/28 | €906,494 | €867,305 | -€39,189 | -4.3% |
| Tangible fixed assets | 22/27 | €905,931 | €866,742 | -€39,189 | -4.3% |
| Land and buildings | 22 | €844,847 | €809,421 | -€35,426 | -4.2% |
| Furniture and vehicles | 24 | €61,084 | €57,321 | -€3,763 | -6.2% |
| Financial fixed assets | 28 | €564 | €564 | = | 0.0% |
| Current assets | 29/58 | €406,576 | €416,088 | +€9,512 | +2.3% |
| Amounts receivable after more than one year | 29 | €138,126 | €98,774 | -€39,352 | -28.5% |
| Other amounts receivable | 291 | €138,126 | €98,774 | -€39,352 | -28.5% |
| Amounts receivable within one year | 40/41 | €184,344 | €270,777 | +€86,433 | +46.9% |
| Trade receivables | 40 | €145,758 | €230,511 | +€84,753 | +58.1% |
| Other amounts receivable | 41 | €38,587 | €40,266 | +€1,680 | +4.4% |
| Cash at bank and in hand | 54/58 | €82,379 | €43,509 | -€38,870 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,727 | €3,028 | +€1,301 | +75.4% |
| Total equity and liabilities | 10/49 | €1,313,070 | €1,283,393 | -€29,677 | -2.3% |
| Equity | 10/15 | €366,597 | €440,756 | +€74,159 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €347,997 | €422,156 | +€74,159 | +21.3% |
| Distributable reserves | 133 | €347,997 | €422,156 | +€74,159 | +21.3% |
| Amounts payable | 17/49 | €946,473 | €842,637 | -€103,836 | -11.0% |
| Amounts payable after more than one year | 17 | €712,341 | €622,574 | -€89,767 | -12.6% |
| Financial debts | 170/4 | €712,341 | €622,574 | -€89,767 | -12.6% |
| Amounts payable within one year | 42/48 | €234,132 | €220,063 | -€14,069 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €93,904 | €88,338 | -€5,566 | -5.9% |
| Trade debts | 44 | €36,310 | €29,082 | -€7,227 | -19.9% |
| Suppliers | 440/4 | €36,310 | €29,082 | -€7,227 | -19.9% |
| Taxes, remuneration and social security | 45 | €27,612 | €35,433 | +€7,821 | +28.3% |
| Taxes | 450/3 | €27,612 | €35,433 | +€7,821 | +28.3% |
| Other amounts payable | 47/48 | €76,306 | €67,210 | -€9,097 | -11.9% |
| Remuneration, social security and pensions | 62 | €2,985 | €2,985 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,927 | €48,870 | +€2,942 | +6.4% |
| Other operating charges | 640/8 | €9,189 | €12,581 | +€3,392 | +36.9% |
| Non-recurring operating charges | 66A | €4 | - | -€4 | |
| Gross operating margin | 9900 | €158,724 | €194,253 | +€35,530 | +22.4% |
| Operating profit (loss) | 9901 | €100,618 | €129,817 | +€29,199 | +29.0% |
| Financial income | 75/76B | €15,035 | €6,932 | -€8,102 | -53.9% |
| Recurring financial income | 75 | €5,535 | €6,932 | +€1,398 | +25.3% |
| Non-recurring financial income | 76B | €9,500 | - | -€9,500 | |
| Financial charges | 65/66B | €30,857 | €28,588 | -€2,270 | -7.4% |
| Recurring financial charges | 65 | €30,857 | €28,588 | -€2,270 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €84,795 | €108,162 | +€23,367 | +27.6% |
| Income taxes | 67/77 | €22,860 | €34,003 | +€11,144 | +48.7% |
| Profit (loss) for the period | 9904 | €61,935 | €74,159 | +€12,223 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €61,935 | €74,159 | +€12,223 | +19.7% |
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 10 October 2026 via checked.be.