BF TECH: 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.
BF TECH
Largest movements
- Cash +€54,749
up €54,749 (+93.0%), from €58,885 to €113,634
mainly Net result for the year (+€56,674) and Other debts (+€3,907)
- Current investments +€3,232
new in 2025: €3,232
- Receivables within one year +€1,916
up €1,916 (+21.2%), from €9,024 to €10,940
of which Trade receivables: +€2,731
- Profit (loss) carried forward +€56,674
up €56,674 (+92.8%), from €61,080 to €117,754
- Other debts +€3,907
up €3,907 (+138.9%), from €2,812 to €6,718
- Trade debts -€1,686
down €1,686 (-76.6%), from €2,202 to €516
- Gross operating margin -€5,774
down €5,774 (-7.2%), from €79,711 to €73,937
- Taxes -€982
down €982 (-6.1%), from €16,120 to €15,138
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 | €71,117 | €130,231 | +€59,115 | +83.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €2,347 | €1,946 | -€401 | -17.1% |
| Intangible fixed assets | 21 | €1,073 | - | -€1,073 | |
| Tangible fixed assets | 22/27 | €1,274 | €1,946 | +€672 | +52.8% |
| Plant, machinery and equipment | 23 | €1,274 | €1,946 | +€672 | +52.8% |
| Current assets | 29/58 | €68,769 | €128,285 | +€59,516 | +86.5% |
| Amounts receivable within one year | 40/41 | €9,024 | €10,940 | +€1,916 | +21.2% |
| Trade receivables | 40 | €311 | €3,043 | +€2,731 | +877.7% |
| Other amounts receivable | 41 | €8,712 | €7,897 | -€815 | -9.4% |
| Current investments | 50/53 | - | €3,232 | +€3,232 | |
| Cash at bank and in hand | 54/58 | €58,885 | €113,634 | +€54,749 | +93.0% |
| Deferred charges and accrued income | 490/1 | €860 | €478 | -€382 | -44.4% |
| Total equity and liabilities | 10/49 | €71,117 | €130,231 | +€59,115 | +83.1% |
| Equity | 10/15 | €64,080 | €120,754 | +€56,674 | +88.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,080 | €117,754 | +€56,674 | +92.8% |
| Amounts payable | 17/49 | €7,036 | €9,477 | +€2,441 | +34.7% |
| Amounts payable within one year | 42/48 | €7,036 | €9,477 | +€2,441 | +34.7% |
| Trade debts | 44 | €2,202 | €516 | -€1,686 | -76.6% |
| Suppliers | 440/4 | €2,202 | €516 | -€1,686 | -76.6% |
| Taxes, remuneration and social security | 45 | €2,023 | €2,243 | +€220 | +10.9% |
| Remuneration and social security | 454/9 | €2,023 | €2,243 | +€220 | +10.9% |
| Other amounts payable | 47/48 | €2,812 | €6,718 | +€3,907 | +138.9% |
| Non-recurring operating income | 76A | €275 | €0 | -€275 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,795 | €1,805 | +€10 | +0.6% |
| Other operating charges | 640/8 | €597 | €248 | -€349 | -58.5% |
| Gross operating margin | 9900 | €79,711 | €73,937 | -€5,774 | -7.2% |
| Operating profit (loss) | 9901 | €77,319 | €71,884 | -€5,435 | -7.0% |
| Financial income | 75/76B | €43 | €0 | -€43 | -99.7% |
| Recurring financial income | 75 | €43 | €0 | -€43 | -99.7% |
| Financial charges | 65/66B | €162 | €72 | -€90 | -55.5% |
| Recurring financial charges | 65 | €162 | €72 | -€90 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €77,200 | €71,812 | -€5,388 | -7.0% |
| Income taxes | 67/77 | €16,120 | €15,138 | -€982 | -6.1% |
| Profit (loss) for the period | 9904 | €61,080 | €56,674 | -€4,407 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,080 | €56,674 | -€4,407 | -7.2% |
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 29 September 2026 via checked.be.