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BSN-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.

What changed

BSN-TECH

BE 1000.360.109
NACE 42.220, Construction of utility projects for electricity and telecommunications
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€22,415
2024 · €1,746+€20,669
Equity
€29,161
2024 · €6,746+€22,415
Cash
€1
2024 · €1,113-€1,112
Balance sheet total
€37,612
2024 · €28,652+€8,960

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€35,072

    up €35,072 (+1884.6%), from €1,861 to €36,933

    of which Trade receivables: +€36,927

  • Stocks and contracts -€25,000

    down €25,000 (-97.4%), from €25,678 to €678

  • Cash -€1,112

    down €1,112 (-99.9%), from €1,113 to €1

    mainly Receivables within one year (-€35,072) and Other debts (-€20,926)

Equity and liabilities
  • Profit (loss) carried forward +€22,415

    new in 2025: €22,415

  • Other debts -€20,926

    down €20,926 (-97.7%), from €21,421 to €495

  • Tax, wage and social debts +€7,471

    up €7,471 (+1540.4%), from €485 to €7,956

Income statement
  • Gross operating margin +€27,389

    up €27,389 (+1096.4%), from €2,498 to €29,887

  • Taxes +€6,987

    up €6,987 (+1440.6%), from €485 to €7,472

  • Financial income -€590

    no longer reported in 2025 (was €590)

    of which Financial income: -€590

  • Other operating charges -€493

    no longer reported in 2025 (was €493)

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,746
Gross operating margin +€27,389
Other operating charges +€493
Other operating items +€345
Financial income -€590
Financial charges +€19
Taxes -€6,987
Result 2025 €22,415

Cash bridge derived

cash 2024 to 2025

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.

From operations -€1,112
Investment €0
Financing €0
Cash 2024 €1,113
Net result for the year +€22,415
Stocks and contracts +€25,000
Receivables within one year -€35,072
Tax, wage and social debts +€7,471
Other debts -€20,926
Cash 2025 €1
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €28,652 €37,612 +€8,960 +31.3%
Current assets 29/58 €28,652 €37,612 +€8,960 +31.3%
Stocks and contracts in progress 3 €25,678 €678 -€25,000 -97.4%
Stocks 30/36 €25,678 €678 -€25,000 -97.4%
Amounts receivable within one year 40/41 €1,861 €36,933 +€35,072 +1884.6%
Trade receivables 40 - €36,927 +€36,927
Other amounts receivable 41 €1,861 €6 -€1,855 -99.7%
Cash at bank and in hand 54/58 €1,113 €1 -€1,112 -99.9%
Total equity and liabilities 10/49 €28,652 €37,612 +€8,960 +31.3%
Equity 10/15 €6,746 €29,161 +€22,415 +332.3%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €1,746 €1,746 = 0.0%
Distributable reserves 133 €1,746 €1,746 = 0.0%
Profit (loss) carried forward 14 - €22,415 +€22,415
Amounts payable 17/49 €21,906 €8,451 -€13,455 -61.4%
Amounts payable within one year 42/48 €21,906 €8,451 -€13,455 -61.4%
Taxes, remuneration and social security 45 €485 €7,956 +€7,471 +1540.4%
Taxes 450/3 €485 €7,956 +€7,471 +1540.4%
Other amounts payable 47/48 €21,421 €495 -€20,926 -97.7%
Other operating charges 640/8 €493 - -€493
Non-recurring operating charges 66A €345 - -€345
Gross operating margin 9900 €2,498 €29,887 +€27,389 +1096.4%
Operating profit (loss) 9901 €1,660 €29,887 +€28,227 +1700.4%
Financial income 75/76B €590 - -€590
Recurring financial income 75 €590 - -€590
Non-recurring financial income 76B €590 - -€590
Financial charges 65/66B €19 - -€19
Recurring financial charges 65 €19 - -€19
Profit (loss) for the period before taxes 9903 €2,231 €29,887 +€27,656 +1239.6%
Income taxes 67/77 €485 €7,472 +€6,987 +1440.6%
Profit (loss) for the period 9904 €1,746 €22,415 +€20,669 +1183.8%
Profit (loss) for the period to be appropriated 9905 €1,746 €22,415 +€20,669 +1183.8%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.