BA TECHNICS: 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.
BA TECHNICS
Largest movements
- Tangible fixed assets +€6.6m
up €6.6m (+1592.8%), from €416,003 to €7.0m
of which Land and buildings: +€6.3m
- Receivables within one year -€1.7m
down €1.7m (-85.9%), from €2.0m to €285,307
of which Trade receivables: -€1.7m
- Cash -€968,801
down €968,801 (-93.2%), from €1.0m to €70,384
mainly Investment in fixed assets (net) (-€8.1m) and Contributions, distributions and other (-€236,729)
- Financial fixed assets +€901,313
up €901,313 (+26.9%), from €3.4m to €4.3m
- Debts after one year +€2.0m
new in 2025: €2.0m
- Other debts +€1.9m
up €1.9m (+5093.5%), from €36,992 to €1.9m
- Profit (loss) carried forward +€889,354
up €889,354 (+13.5%), from €6.6m to €7.5m
- Current portion of long-term debt +€239,000
new in 2025: €239,000
- Reserves -€118,634
down €118,634 (-82.5%), from €143,728 to €25,094
of which Distributable reserves: -€128,728
- Depreciation +€498,317
up €498,317 (+1449.7%), from €34,374 to €532,691
- Turnover -€473,000
down €473,000 (-23.1%), from €2.0m to €1.6m
- Financial income +€272,869
up €272,869 (+625.2%), from €43,648 to €316,517
of which Non-recurring financial income: +€303,531
- Taxes -€233,359
down €233,359 (-50.0%), from €467,132 to €233,773
of which Taxes: -€233,304
- Other operating income +€145,331
up €145,331 (+79195.4%), from €184 to €145,515
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 | €6,909,889 | €11,834,008 | +€4.9m | +71.3% |
| Fixed assets | 21/28 | €3,766,922 | €11,294,291 | +€7.5m | +199.8% |
| Tangible fixed assets | 22/27 | €416,003 | €7,042,060 | +€6.6m | +1592.8% |
| Land and buildings | 22 | €353,042 | €6,654,975 | +€6.3m | +1785.0% |
| Plant, machinery and equipment | 23 | €1,485 | €235,114 | +€233,629 | +15729.8% |
| Furniture and vehicles | 24 | €61,476 | €151,972 | +€90,496 | +147.2% |
| Financial fixed assets | 28 | €3,350,918 | €4,252,231 | +€901,313 | +26.9% |
| Affiliated companies | 280/1 | €3,350,918 | €4,252,231 | +€901,313 | +26.9% |
| Participating interests | 280 | €3,350,918 | €3,314,545 | -€36,373 | -1.1% |
| Amounts receivable | 281 | - | €937,686 | +€937,686 | |
| Current assets | 29/58 | €3,142,968 | €539,717 | -€2.6m | -82.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,027,602 | €285,307 | -€1.7m | -85.9% |
| Trade receivables | 40 | €1,854,932 | €106,350 | -€1.7m | -94.3% |
| Other amounts receivable | 41 | €172,670 | €178,957 | +€6,287 | +3.6% |
| Current investments | 50/53 | €75,000 | €175,000 | +€100,000 | +133.3% |
| Other investments | 51/53 | €75,000 | €175,000 | +€100,000 | +133.3% |
| Cash at bank and in hand | 54/58 | €1,039,185 | €70,384 | -€968,801 | -93.2% |
| Deferred charges and accrued income | 490/1 | €1,180 | €9,026 | +€7,846 | +665.0% |
| Total equity and liabilities | 10/49 | €6,909,889 | €11,834,008 | +€4.9m | +71.3% |
| Equity | 10/15 | €6,858,420 | €7,629,140 | +€770,720 | +11.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €143,728 | €25,094 | -€118,634 | -82.5% |
| Tax-exempt reserves | 132 | - | €10,094 | +€10,094 | |
| Distributable reserves | 133 | €143,728 | €15,000 | -€128,728 | -89.6% |
| Profit (loss) carried forward | 14 | €6,564,692 | €7,454,046 | +€889,354 | +13.5% |
| Amounts payable | 17/49 | €51,469 | €4,204,867 | +€4.2m | +8069.7% |
| Amounts payable after more than one year | 17 | - | €2,005,084 | +€2.0m | |
| Financial debts | 170/4 | - | €2,005,084 | +€2.0m | |
| Credit institutions | 173 | - | €2,005,084 | +€2.0m | |
| Amounts payable within one year | 42/48 | €51,469 | €2,199,784 | +€2.1m | +4174.0% |
| Current portion of amounts payable after more than one year | 42 | - | €239,000 | +€239,000 | |
| Trade debts | 44 | €9,477 | €27,138 | +€17,661 | +186.3% |
| Suppliers | 440/4 | €9,477 | €27,138 | +€17,661 | +186.3% |
| Taxes, remuneration and social security | 45 | €5,000 | €12,500 | +€7,500 | +150.0% |
| Taxes | 450/3 | €5,000 | €12,500 | +€7,500 | +150.0% |
| Other amounts payable | 47/48 | €36,992 | €1,921,146 | +€1.9m | +5093.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €2,047,184 | €1,723,277 | -€323,907 | -15.8% |
| Turnover | 70 | €2,047,000 | €1,574,000 | -€473,000 | -23.1% |
| Other operating income | 74 | €184 | €145,515 | +€145,331 | +79195.4% |
| Non-recurring operating income | 76A | - | €3,762 | +€3,762 | |
| Operating charges | 60/66A | €241,055 | €773,733 | +€532,678 | +221.0% |
| Services and other goods | 61 | €202,805 | €234,741 | +€31,936 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,374 | €532,691 | +€498,317 | +1449.7% |
| Other operating charges | 640/8 | €3,876 | €6,302 | +€2,426 | +62.6% |
| Operating profit (loss) | 9901 | €1,806,128 | €949,544 | -€856,584 | -47.4% |
| Financial income | 75/76B | €43,648 | €316,517 | +€272,869 | +625.2% |
| Recurring financial income | 75 | €43,648 | €12,986 | -€30,662 | -70.2% |
| Income from current assets | 751 | €43,648 | €12,759 | -€30,889 | -70.8% |
| Other financial income | 752/9 | - | €226 | +€226 | |
| Non-recurring financial income | 76B | - | €303,531 | +€303,531 | |
| Financial charges | 65/66B | €9,140 | €24,839 | +€15,699 | +171.8% |
| Recurring financial charges | 65 | €9,140 | €24,839 | +€15,699 | +171.8% |
| Debt charges | 650 | €3,540 | €22,752 | +€19,212 | +542.6% |
| Other financial charges | 652/9 | €5,600 | €2,087 | -€3,513 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €1,840,636 | €1,241,222 | -€599,414 | -32.6% |
| Income taxes | 67/77 | €467,132 | €233,773 | -€233,359 | -50.0% |
| Taxes | 670/3 | €467,132 | €233,828 | -€233,304 | -49.9% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €55 | +€55 | |
| Profit (loss) for the period | 9904 | €1,373,504 | €1,007,449 | -€366,055 | -26.7% |
| Transfer to tax-exempt reserves | 689 | - | €10,094 | +€10,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,373,504 | €997,354 | -€376,150 | -27.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.