C-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.
C-TECHNICS
Largest movements
- Receivables within one year -€93,636
down €93,636 (-35.2%), from €265,986 to €172,350
of which Trade receivables: -€97,452
- Cash -€13,320
down €13,320 (-100.0%), from €13,320 to €0
mainly Trade debts (-€69,541) and Net result for the year (-€43,201)
- Trade debts -€69,541
down €69,541 (-66.1%), from €105,249 to €35,707
- Reserves -€39,352
down €39,352 (-25.1%), from €156,894 to €117,542
of which Distributable reserves: -€39,352
- Short-term financial debts +€6,673
new in 2025: €6,673
- Tax, wage and social debts -€5,784
down €5,784 (-47.4%), from €12,208 to €6,423
of which Remuneration and social security: -€3,278
- Profit (loss) carried forward -€3,850
down €3,850, from €0 to -€3,850
- Gross operating margin -€116,623
down €116,623 (-89.0%), from €130,998 to €14,375
- Staff costs -€36,977
down €36,977 (-44.4%), from €83,342 to €46,366
- Other operating charges -€36,331
down €36,331 (-80.2%), from €45,329 to €8,998
- Taxes -€2,463
down €2,463 (-87.8%), from €2,804 to €341
- Depreciation -€2,245
down €2,245 (-45.3%), from €4,957 to €2,712
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 | €292,950 | €181,096 | -€111,854 | -38.2% |
| Fixed assets | 21/28 | €3,625 | €913 | -€2,712 | -74.8% |
| Tangible fixed assets | 22/27 | €3,625 | €913 | -€2,712 | -74.8% |
| Plant, machinery and equipment | 23 | €2,024 | €885 | -€1,139 | -56.3% |
| Furniture and vehicles | 24 | €1,600 | €27 | -€1,573 | -98.3% |
| Current assets | 29/58 | €289,326 | €180,183 | -€109,143 | -37.7% |
| Stocks and contracts in progress | 3 | €7,320 | €6,806 | -€514 | -7.0% |
| Stocks | 30/36 | €7,320 | €6,806 | -€514 | -7.0% |
| Amounts receivable within one year | 40/41 | €265,986 | €172,350 | -€93,636 | -35.2% |
| Trade receivables | 40 | €219,542 | €122,090 | -€97,452 | -44.4% |
| Other amounts receivable | 41 | €46,443 | €50,260 | +€3,816 | +8.2% |
| Cash at bank and in hand | 54/58 | €13,320 | €0 | -€13,320 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,700 | €1,027 | -€1,673 | -62.0% |
| Total equity and liabilities | 10/49 | €292,950 | €181,096 | -€111,854 | -38.2% |
| Equity | 10/15 | €175,494 | €132,292 | -€43,201 | -24.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,894 | €117,542 | -€39,352 | -25.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €156,894 | €117,542 | -€39,352 | -25.1% |
| Profit (loss) carried forward | 14 | €0 | -€3,850 | -€3,850 | |
| Amounts payable | 17/49 | €117,456 | €48,803 | -€68,653 | -58.4% |
| Amounts payable within one year | 42/48 | €117,456 | €48,803 | -€68,653 | -58.4% |
| Financial debts | 43 | - | €6,673 | +€6,673 | |
| Credit institutions | 430/8 | - | €6,673 | +€6,673 | |
| Trade debts | 44 | €105,249 | €35,707 | -€69,541 | -66.1% |
| Suppliers | 440/4 | €105,249 | €35,707 | -€69,541 | -66.1% |
| Taxes, remuneration and social security | 45 | €12,208 | €6,423 | -€5,784 | -47.4% |
| Taxes | 450/3 | €5,651 | €3,144 | -€2,507 | -44.4% |
| Remuneration and social security | 454/9 | €6,557 | €3,279 | -€3,278 | -50.0% |
| Remuneration, social security and pensions | 62 | €83,342 | €46,366 | -€36,977 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,957 | €2,712 | -€2,245 | -45.3% |
| Other operating charges | 640/8 | €45,329 | €8,998 | -€36,331 | -80.2% |
| Gross operating margin | 9900 | €130,998 | €14,375 | -€116,623 | -89.0% |
| Operating profit (loss) | 9901 | -€2,630 | -€43,700 | -€41,071 | -1561.8% |
| Financial income | 75/76B | €2,163 | €2,334 | +€171 | +7.9% |
| Recurring financial income | 75 | €2,163 | €2,334 | +€171 | +7.9% |
| Financial charges | 65/66B | €750 | €1,494 | +€744 | +99.3% |
| Recurring financial charges | 65 | €750 | €1,494 | +€744 | +99.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,217 | -€42,861 | -€41,644 | -3422.8% |
| Income taxes | 67/77 | €2,804 | €341 | -€2,463 | -87.8% |
| Profit (loss) for the period | 9904 | -€4,020 | -€43,201 | -€39,181 | -974.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,020 | -€43,201 | -€39,181 | -974.6% |
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 9 October 2026 via checked.be.