BELGIUM-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.
BELGIUM-TECH
Largest movements
- Cash +€12,059
up €12,059 (+210.5%), from €5,729 to €17,788
- Receivables within one year -€5,908
down €5,908 (-13.6%), from €43,559 to €37,651
of which Trade receivables: -€33,401
- Profit (loss) carried forward +€10,315
up €10,315 (+28.0%), from €36,811 to €47,126
- Trade debts -€3,954
down €3,954 (-98.6%), from €4,008 to €54
- Turnover +€127,922
new in 2024: €127,922
- Purchases and services +€118,407
new in 2024: €118,407
- Gross operating margin -€1,934
down €1,934 (-16.5%), from €11,718 to €9,785
- Depreciation -€1,548
no longer reported in 2024 (was €1,548)
- Other operating charges +€1,400
up €1,400 (+87.5%), from €1,600 to €3,000
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,289 | €55,439 | +€6,151 | +12.5% |
| Current assets | 29/58 | €49,289 | €55,439 | +€6,151 | +12.5% |
| Amounts receivable within one year | 40/41 | €43,559 | €37,651 | -€5,908 | -13.6% |
| Trade receivables | 40 | €33,530 | €129 | -€33,401 | -99.6% |
| Other amounts receivable | 41 | €10,030 | €37,523 | +€27,493 | +274.1% |
| Cash at bank and in hand | 54/58 | €5,729 | €17,788 | +€12,059 | +210.5% |
| Total equity and liabilities | 10/49 | €49,289 | €55,439 | +€6,151 | +12.5% |
| Equity | 10/15 | €45,011 | €55,326 | +€10,315 | +22.9% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,811 | €47,126 | +€10,315 | +28.0% |
| Amounts payable | 17/49 | €4,278 | €114 | -€4,164 | -97.3% |
| Amounts payable within one year | 42/48 | €4,278 | €114 | -€4,164 | -97.3% |
| Trade debts | 44 | €4,008 | €54 | -€3,954 | -98.6% |
| Suppliers | 440/4 | €4,008 | €54 | -€3,954 | -98.6% |
| Taxes, remuneration and social security | 45 | €269 | €59 | -€210 | -78.0% |
| Taxes | 450/3 | €210 | - | -€210 | |
| Remuneration and social security | 454/9 | €59 | €59 | = | 0.0% |
| Turnover | 70 | - | €127,922 | +€127,922 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €118,407 | +€118,407 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,548 | - | -€1,548 | |
| Other operating charges | 640/8 | €1,600 | €3,000 | +€1,400 | +87.5% |
| Gross operating margin | 9900 | €11,718 | €9,785 | -€1,934 | -16.5% |
| Operating profit (loss) | 9901 | €8,570 | €6,785 | -€1,786 | -20.8% |
| Financial income | 75/76B | €4 | €0 | -€4 | -94.2% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -94.2% |
| Financial charges | 65/66B | €120 | €289 | +€169 | +141.1% |
| Recurring financial charges | 65 | €120 | €289 | +€169 | +141.1% |
| Profit (loss) for the period before taxes | 9903 | €8,455 | €6,496 | -€1,959 | -23.2% |
| Profit (loss) for the period | 9904 | €8,455 | €6,496 | -€1,959 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,455 | €6,496 | -€1,959 | -23.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.