BW 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.
BW Technics
Largest movements
- Tangible fixed assets +€8,475
up €8,475 (+87.4%), from €9,702 to €18,177
of which Land and buildings: +€16,980
- Cash +€3,607
up €3,607 (+4.6%), from €79,025 to €82,632
mainly Net result for the year (+€26,793) and Depreciation (+€8,790)
- Profit (loss) carried forward +€26,793
up €26,793 (+71.3%), from €37,587 to €64,380
- Accrued charges and deferred income -€6,832
down €6,832 (-45.5%), from €15,000 to €8,168
- Current portion of long-term debt -€4,320
down €4,320 (-82.8%), from €5,215 to €895
- Trade debts -€3,685
down €3,685 (-14.7%), from €25,078 to €21,393
- Tax, wage and social debts +€3,022
up €3,022 (+331.7%), from €911 to €3,933
- Gross operating margin +€8,388
up €8,388 (+24.1%), from €34,805 to €43,193
- Taxes +€1,942
up €1,942 (+38.1%), from €5,100 to €7,042
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 | €107,635 | €118,722 | +€11,087 | +10.3% |
| Fixed assets | 21/28 | €9,702 | €18,177 | +€8,475 | +87.4% |
| Tangible fixed assets | 22/27 | €9,702 | €18,177 | +€8,475 | +87.4% |
| Land and buildings | 22 | - | €16,980 | +€16,980 | |
| Furniture and vehicles | 24 | €9,702 | €1,197 | -€8,505 | -87.7% |
| Current assets | 29/58 | €97,933 | €100,545 | +€2,612 | +2.7% |
| Amounts receivable within one year | 40/41 | €18,800 | €17,828 | -€972 | -5.2% |
| Trade receivables | 40 | €18,800 | €17,828 | -€972 | -5.2% |
| Cash at bank and in hand | 54/58 | €79,025 | €82,632 | +€3,607 | +4.6% |
| Deferred charges and accrued income | 490/1 | €108 | €85 | -€23 | -21.3% |
| Total equity and liabilities | 10/49 | €107,635 | €118,722 | +€11,087 | +10.3% |
| Equity | 10/15 | €38,587 | €65,380 | +€26,793 | +69.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,587 | €64,380 | +€26,793 | +71.3% |
| Amounts payable | 17/49 | €69,048 | €53,342 | -€15,706 | -22.7% |
| Amounts payable after more than one year | 17 | €895 | - | -€895 | |
| Financial debts | 170/4 | €895 | - | -€895 | |
| Amounts payable within one year | 42/48 | €53,153 | €45,174 | -€7,979 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €5,215 | €895 | -€4,320 | -82.8% |
| Trade debts | 44 | €25,078 | €21,393 | -€3,685 | -14.7% |
| Suppliers | 440/4 | €25,078 | €21,393 | -€3,685 | -14.7% |
| Taxes, remuneration and social security | 45 | €911 | €3,933 | +€3,022 | +331.7% |
| Taxes | 450/3 | €911 | €3,933 | +€3,022 | +331.7% |
| Other amounts payable | 47/48 | €21,949 | €18,953 | -€2,996 | -13.6% |
| Accrued charges and deferred income | 492/3 | €15,000 | €8,168 | -€6,832 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,505 | €8,790 | +€285 | +3.4% |
| Other operating charges | 640/8 | €833 | €564 | -€269 | -32.3% |
| Gross operating margin | 9900 | €34,805 | €43,193 | +€8,388 | +24.1% |
| Operating profit (loss) | 9901 | €25,467 | €33,839 | +€8,372 | +32.9% |
| Financial income | 75/76B | - | €333 | +€333 | |
| Recurring financial income | 75 | - | €333 | +€333 | |
| Financial charges | 65/66B | €632 | €337 | -€295 | -46.7% |
| Recurring financial charges | 65 | €632 | €337 | -€295 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €24,835 | €33,835 | +€9,000 | +36.2% |
| Income taxes | 67/77 | €5,100 | €7,042 | +€1,942 | +38.1% |
| Profit (loss) for the period | 9904 | €19,735 | €26,793 | +€7,058 | +35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,735 | €26,793 | +€7,058 | +35.8% |
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.