BORRE TECHNICS: 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.
BORRE TECHNICS
Largest movements
- Receivables within one year +€10,863
up €10,863 (+126%), from €8,614 to €19,477
of which Trade receivables: +€14,600
- Tangible fixed assets +€9,533
up €9,533 (+46.5%), from €20,516 to €30,049
of which Plant, machinery and equipment: +€11,971
- Stocks and contracts -€3,445
down €3,445 (-57.7%), from €5,972 to €2,528
- Cash -€1,479
down €1,479 (-10.4%), from €14,250 to €12,770
mainly Investment in fixed assets (net) (-€17,025) and Receivables within one year (-€10,863)
- Reserves +€5,624
up €5,624 (+28.7%), from €19,582 to €25,206
- Other debts +€5,054
up €5,054 (+44.5%), from €11,350 to €16,405
- Trade debts +€3,397
up €3,397 (+267%), from €1,273 to €4,670
- Tax, wage and social debts +€1,540
new in 2025: €1,540
- Gross operating margin +€4,041
up €4,041 (+33.8%), from €11,945 to €15,986
- Depreciation -€2,362
down €2,362 (-24.0%), from €9,854 to €7,492
- Taxes +€1,540
new in 2025: €1,540
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.
Derived cash bridge
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 | €50,755 | €66,370 | +€15,615 | +30.8% |
| Fixed assets | 21/28 | €20,516 | €30,049 | +€9,533 | +46.5% |
| Tangible fixed assets | 22/27 | €20,516 | €30,049 | +€9,533 | +46.5% |
| Land and buildings | 22 | €12,084 | €10,239 | -€1,846 | -15.3% |
| Plant, machinery and equipment | 23 | €7,399 | €19,370 | +€11,971 | +162% |
| Furniture and vehicles | 24 | €1,033 | €440 | -€593 | -57.4% |
| Current assets | 29/58 | €30,239 | €36,322 | +€6,083 | +20.1% |
| Stocks and contracts in progress | 3 | €5,972 | €2,528 | -€3,445 | -57.7% |
| Stocks | 30/36 | €5,972 | €2,528 | -€3,445 | -57.7% |
| Amounts receivable within one year | 40/41 | €8,614 | €19,477 | +€10,863 | +126% |
| Trade receivables | 40 | €3,068 | €17,667 | +€14,600 | +476% |
| Other amounts receivable | 41 | €5,547 | €1,810 | -€3,737 | -67.4% |
| Cash at bank and in hand | 54/58 | €14,250 | €12,770 | -€1,479 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,403 | €1,546 | +€144 | +10.3% |
| Total equity and liabilities | 10/49 | €50,755 | €66,370 | +€15,615 | +30.8% |
| Equity | 10/15 | €38,132 | €43,756 | +€5,624 | +14.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €19,582 | €25,206 | +€5,624 | +28.7% |
| Distributable reserves | 133 | €19,582 | €25,206 | +€5,624 | +28.7% |
| Amounts payable | 17/49 | €12,623 | €22,615 | +€9,991 | +79.2% |
| Amounts payable within one year | 42/48 | €12,623 | €22,615 | +€9,991 | +79.2% |
| Trade debts | 44 | €1,273 | €4,670 | +€3,397 | +267% |
| Suppliers | 440/4 | €1,273 | €4,670 | +€3,397 | +267% |
| Taxes, remuneration and social security | 45 | - | €1,540 | +€1,540 | |
| Taxes | 450/3 | - | €1,540 | +€1,540 | |
| Other amounts payable | 47/48 | €11,350 | €16,405 | +€5,054 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,854 | €7,492 | -€2,362 | -24.0% |
| Other operating charges | 640/8 | €876 | €840 | -€35 | -4.0% |
| Gross operating margin | 9900 | €11,945 | €15,986 | +€4,041 | +33.8% |
| Operating profit (loss) | 9901 | €1,215 | €7,653 | +€6,438 | +530% |
| Financial income | 75/76B | €69 | €53 | -€16 | -23.6% |
| Recurring financial income | 75 | €69 | €53 | -€16 | -23.6% |
| Financial charges | 65/66B | €678 | €542 | -€136 | -20.0% |
| Recurring financial charges | 65 | €678 | €542 | -€136 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €607 | €7,164 | +€6,557 | +1,081% |
| Income taxes | 67/77 | - | €1,540 | +€1,540 | |
| Profit (loss) for the period | 9904 | €607 | €5,624 | +€5,017 | +827% |
| Profit (loss) for the period to be appropriated | 9905 | €607 | €5,624 | +€5,017 | +827% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.