BUILDING HIGH TECHNOLOGY: 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.
BUILDING HIGH TECHNOLOGY
Largest movements
- Receivables within one year -€77,719
down €77,719 (-65.5%), from €118,615 to €40,896
of which Trade receivables: -€54,995
- Cash +€19,324
up €19,324 (+53.7%), from €35,988 to €55,312
mainly Receivables within one year (+€77,719) and Depreciation (+€18,088)
- Tangible fixed assets -€18,088
down €18,088 (-7.6%), from €237,834 to €219,746
of which Plant, machinery and equipment: -€12,283
- Trade debts -€69,321
down €69,321 (-78.4%), from €88,364 to €19,043
- Tax, wage and social debts -€9,727
down €9,727 (-70.3%), from €13,835 to €4,108
- Debts after one year -€8,528
down €8,528 (-52.6%), from €16,198 to €7,670
- Other debts +€5,649
up €5,649 (+2.9%), from €195,941 to €201,590
- Profit (loss) carried forward +€4,819
up €4,819 (+9.1%), from -€53,210 to -€48,391
- Write-downs +€18,548
new in 2025: €18,548
- Taxes -€7,720
down €7,720 (-84.5%), from €9,133 to €1,413
- Purchases and services -€5,558
down €5,558 (-23.2%), from €23,971 to €18,413
- Depreciation +€4,965
up €4,965 (+37.8%), from €13,123 to €18,088
- Gross operating margin +€4,659
up €4,659 (+6.7%), from €69,607 to €74,266
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 | €392,437 | €316,840 | -€75,597 | -19.3% |
| Fixed assets | 21/28 | €237,834 | €219,746 | -€18,088 | -7.6% |
| Tangible fixed assets | 22/27 | €237,834 | €219,746 | -€18,088 | -7.6% |
| Land and buildings | 22 | €146,589 | €140,784 | -€5,805 | -4.0% |
| Plant, machinery and equipment | 23 | €91,245 | €78,962 | -€12,283 | -13.5% |
| Current assets | 29/58 | €154,603 | €97,094 | -€57,509 | -37.2% |
| Amounts receivable within one year | 40/41 | €118,615 | €40,896 | -€77,719 | -65.5% |
| Trade receivables | 40 | €95,701 | €40,706 | -€54,995 | -57.5% |
| Other amounts receivable | 41 | €22,914 | €190 | -€22,724 | -99.2% |
| Cash at bank and in hand | 54/58 | €35,988 | €55,312 | +€19,324 | +53.7% |
| Deferred charges and accrued income | 490/1 | - | €886 | +€886 | |
| Total equity and liabilities | 10/49 | €392,437 | €316,840 | -€75,597 | -19.3% |
| Equity | 10/15 | €72,272 | €77,091 | +€4,819 | +6.7% |
| Contributions | 10/11 | €123,347 | €123,347 | -€0 | 0.0% |
| Capital | 10 | €123,347 | €123,347 | -€0 | 0.0% |
| Issued capital | 100 | €123,347 | €123,347 | -€0 | 0.0% |
| Reserves | 13 | €2,135 | €2,135 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €2,135 | €2,135 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€53,210 | -€48,391 | +€4,819 | +9.1% |
| Amounts payable | 17/49 | €320,165 | €239,748 | -€80,417 | -25.1% |
| Amounts payable after more than one year | 17 | €16,198 | €7,670 | -€8,528 | -52.6% |
| Financial debts | 170/4 | €16,198 | €7,670 | -€8,528 | -52.6% |
| Amounts payable within one year | 42/48 | €303,967 | €232,078 | -€71,889 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €5,827 | €7,337 | +€1,510 | +25.9% |
| Trade debts | 44 | €88,364 | €19,043 | -€69,321 | -78.4% |
| Suppliers | 440/4 | €88,364 | €19,043 | -€69,321 | -78.4% |
| Taxes, remuneration and social security | 45 | €13,835 | €4,108 | -€9,727 | -70.3% |
| Taxes | 450/3 | €13,835 | €4,108 | -€9,727 | -70.3% |
| Other amounts payable | 47/48 | €195,941 | €201,590 | +€5,649 | +2.9% |
| Turnover | 70 | €93,578 | €92,680 | -€898 | -1.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €23,971 | €18,413 | -€5,558 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,123 | €18,088 | +€4,965 | +37.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,548 | +€18,548 | |
| Other operating charges | 640/8 | €16,027 | €16,653 | +€626 | +3.9% |
| Gross operating margin | 9900 | €69,607 | €74,266 | +€4,659 | +6.7% |
| Operating profit (loss) | 9901 | €40,457 | €20,977 | -€19,480 | -48.1% |
| Financial charges | 65/66B | €10,167 | €9,783 | -€384 | -3.8% |
| Recurring financial charges | 65 | €10,167 | €9,783 | -€384 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €30,290 | €11,194 | -€19,096 | -63.0% |
| Income taxes | 67/77 | €9,133 | €1,413 | -€7,720 | -84.5% |
| Profit (loss) for the period | 9904 | €21,157 | €9,781 | -€11,376 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,157 | €9,781 | -€11,376 | -53.8% |
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 15 October 2026 via checked.be.