Borms 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.
Borms Technics
Largest movements
- Cash +€24,773
up €24,773 (+19.3%), from €128,486 to €153,259
mainly Net result for the year (+€29,069) and Advances received (+€3,086)
- Receivables within one year +€4,018
up €4,018 (+5.8%), from €68,917 to €72,934
of which Trade receivables: +€6,101
- Deferred charges and accrued income +€2,775
new in 2025: €2,775
- Reserves +€27,909
up €27,909 (+16.1%), from €173,118 to €201,027
of which Distributable reserves: +€27,909
- Advances received +€3,086
new in 2025: €3,086
- Gross operating margin +€37,218
up €37,218 (+281.8%), from €13,209 to €50,427
- Taxes +€8,498
up €8,498 (+238.2%), from €3,567 to €12,066
- Other operating charges +€7,180
up €7,180 (+306.8%), from €2,340 to €9,521
- Financial income +€569
up €569 (+258.2%), from €220 to €789
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 | €198,778 | €229,943 | +€31,166 | +15.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,375 | €975 | -€400 | -29.1% |
| Tangible fixed assets | 22/27 | €1,375 | €975 | -€400 | -29.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,375 | €975 | -€400 | -29.1% |
| Current assets | 29/58 | €197,402 | €228,968 | +€31,566 | +16.0% |
| Amounts receivable within one year | 40/41 | €68,917 | €72,934 | +€4,018 | +5.8% |
| Trade receivables | 40 | €52,372 | €58,473 | +€6,101 | +11.6% |
| Other amounts receivable | 41 | €16,545 | €14,462 | -€2,083 | -12.6% |
| Cash at bank and in hand | 54/58 | €128,486 | €153,259 | +€24,773 | +19.3% |
| Deferred charges and accrued income | 490/1 | - | €2,775 | +€2,775 | |
| Total equity and liabilities | 10/49 | €198,778 | €229,943 | +€31,166 | +15.7% |
| Equity | 10/15 | €191,802 | €219,728 | +€27,927 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €173,118 | €201,027 | +€27,909 | +16.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €171,258 | €199,167 | +€27,909 | +16.3% |
| Profit (loss) carried forward | 14 | €83 | €101 | +€17 | +21.0% |
| Amounts payable | 17/49 | €6,976 | €10,215 | +€3,239 | +46.4% |
| Amounts payable within one year | 42/48 | €6,976 | €10,215 | +€3,239 | +46.4% |
| Trade debts | 44 | €1,261 | €0 | -€1,261 | -100.0% |
| Suppliers | 440/4 | €1,261 | €0 | -€1,261 | -100.0% |
| Advances received on contracts in progress | 46 | - | €3,086 | +€3,086 | |
| Taxes, remuneration and social security | 45 | €5,052 | €7,130 | +€2,078 | +41.1% |
| Taxes | 450/3 | €5,052 | €7,130 | +€2,078 | +41.1% |
| Other amounts payable | 47/48 | €664 | - | -€664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €400 | €400 | = | 0.0% |
| Other operating charges | 640/8 | €2,340 | €9,521 | +€7,180 | +306.8% |
| Gross operating margin | 9900 | €13,209 | €50,427 | +€37,218 | +281.8% |
| Operating profit (loss) | 9901 | €10,468 | €40,506 | +€30,038 | +286.9% |
| Financial income | 75/76B | €220 | €789 | +€569 | +258.2% |
| Recurring financial income | 75 | €220 | €789 | +€569 | +258.2% |
| Financial charges | 65/66B | €78 | €160 | +€82 | +105.6% |
| Recurring financial charges | 65 | €78 | €160 | +€82 | +105.6% |
| Profit (loss) for the period before taxes | 9903 | €10,611 | €41,135 | +€30,524 | +287.7% |
| Income taxes | 67/77 | €3,567 | €12,066 | +€8,498 | +238.2% |
| Profit (loss) for the period | 9904 | €7,043 | €29,069 | +€22,026 | +312.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,043 | €29,069 | +€22,026 | +312.7% |
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 5 October 2026 via checked.be.