CONNECT WAYS TECHNOLOGY: 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.
CONNECT WAYS TECHNOLOGY
Largest movements
- Receivables within one year +€154,102
up €154,102 (+97.0%), from €158,794 to €312,896
of which Trade receivables: +€154,171
- Cash +€21,079
up €21,079 (+60.0%), from €35,121 to €56,200
mainly Tax, wage and social debts (+€70,103) and Trade debts (+€54,153)
- Tax, wage and social debts +€70,103
up €70,103 (+105.8%), from €66,286 to €136,389
of which Remuneration and social security: +€40,065
- Trade debts +€54,153
up €54,153 (+45.4%), from €119,332 to €173,486
- Profit (loss) carried forward +€52,419
up €52,419 (+51.5%), from -€101,826 to -€49,407
- Gross operating margin +€666,431
up €666,431 (+273.4%), from €243,756 to €910,187
- Staff costs +€498,018
up €498,018 (+145.4%), from €342,483 to €840,501
- Financial charges +€12,831
up €12,831 (+500.9%), from €2,561 to €15,392
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 | €203,793 | €380,468 | +€176,674 | +86.7% |
| Fixed assets | 21/28 | €698 | - | -€698 | |
| Financial fixed assets | 28 | €698 | - | -€698 | |
| Current assets | 29/58 | €203,096 | €380,468 | +€177,372 | +87.3% |
| Amounts receivable within one year | 40/41 | €158,794 | €312,896 | +€154,102 | +97.0% |
| Trade receivables | 40 | €158,725 | €312,896 | +€154,171 | +97.1% |
| Other amounts receivable | 41 | €69 | - | -€69 | |
| Cash at bank and in hand | 54/58 | €35,121 | €56,200 | +€21,079 | +60.0% |
| Deferred charges and accrued income | 490/1 | €9,181 | €11,371 | +€2,191 | +23.9% |
| Total equity and liabilities | 10/49 | €203,793 | €380,468 | +€176,674 | +86.7% |
| Equity | 10/15 | €18,174 | €70,593 | +€52,419 | +288.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,826 | -€49,407 | +€52,419 | +51.5% |
| Amounts payable | 17/49 | €185,619 | €309,874 | +€124,255 | +66.9% |
| Amounts payable within one year | 42/48 | €185,619 | €309,874 | +€124,255 | +66.9% |
| Trade debts | 44 | €119,332 | €173,486 | +€54,153 | +45.4% |
| Suppliers | 440/4 | €119,332 | €173,486 | +€54,153 | +45.4% |
| Taxes, remuneration and social security | 45 | €66,286 | €136,389 | +€70,103 | +105.8% |
| Taxes | 450/3 | €30,519 | €60,557 | +€30,038 | +98.4% |
| Remuneration and social security | 454/9 | €35,767 | €75,832 | +€40,065 | +112.0% |
| Other amounts payable | 47/48 | €1 | - | -€1 | |
| Remuneration, social security and pensions | 62 | €342,483 | €840,501 | +€498,018 | +145.4% |
| Other operating charges | 640/8 | €224 | €532 | +€308 | +137.7% |
| Gross operating margin | 9900 | €243,756 | €910,187 | +€666,431 | +273.4% |
| Operating profit (loss) | 9901 | -€98,951 | €69,154 | +€168,105 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -45.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -45.0% |
| Financial charges | 65/66B | €2,561 | €15,392 | +€12,831 | +500.9% |
| Recurring financial charges | 65 | €2,561 | €15,392 | +€12,831 | +500.9% |
| Profit (loss) for the period before taxes | 9903 | -€101,512 | €53,762 | +€155,274 | |
| Income taxes | 67/77 | €314 | €1,343 | +€1,029 | +328.0% |
| Profit (loss) for the period | 9904 | -€101,826 | €52,419 | +€154,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€101,826 | €52,419 | +€154,245 |
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 6 October 2026 via checked.be.