DUTY 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.
DUTY TECHNICS
Largest movements
- Receivables within one year -€56,971
down €56,971 (-71.2%), from €79,970 to €22,999
of which Trade receivables: -€56,875
- Cash +€12,995
up €12,995 (+15.3%), from €84,757 to €97,752
mainly Receivables within one year (+€56,971) and Investment in fixed assets (net) (+€9,304)
- Tangible fixed assets -€9,304
down €9,304 (-100.0%), from €9,304 to €0
- Trade debts -€42,923
down €42,923 (-64.5%), from €66,546 to €23,623
- Profit (loss) carried forward -€10,267
down €10,267, from €5,264 to -€5,004
- Turnover -€80,564
down €80,564 (-100.0%), from €80,564 to €0
- Purchases and services -€56,698
down €56,698 (-99.7%), from €56,855 to €157
- Gross operating margin -€23,866
down €23,866, from €23,709 to -€157
- Depreciation -€2,900
no longer reported in 2025 (was €2,900)
- Taxes -€1,970
down €1,970 (-96.0%), from €2,051 to €81
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 | €174,031 | €120,752 | -€53,280 | -30.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €9,304 | €0 | -€9,304 | -100.0% |
| Tangible fixed assets | 22/27 | €9,304 | €0 | -€9,304 | -100.0% |
| Plant, machinery and equipment | 23 | €9,304 | €0 | -€9,304 | -100.0% |
| Current assets | 29/58 | €164,727 | €120,752 | -€43,976 | -26.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €79,970 | €22,999 | -€56,971 | -71.2% |
| Trade receivables | 40 | €79,717 | €22,842 | -€56,875 | -71.3% |
| Other amounts receivable | 41 | €253 | €157 | -€96 | -38.0% |
| Cash at bank and in hand | 54/58 | €84,757 | €97,752 | +€12,995 | +15.3% |
| Total equity and liabilities | 10/49 | €174,031 | €120,752 | -€53,280 | -30.6% |
| Equity | 10/15 | €105,264 | €94,996 | -€10,267 | -9.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,264 | -€5,004 | -€10,267 | |
| Amounts payable | 17/49 | €68,768 | €25,755 | -€43,012 | -62.5% |
| Amounts payable within one year | 42/48 | €68,768 | €25,755 | -€43,012 | -62.5% |
| Trade debts | 44 | €66,546 | €23,623 | -€42,923 | -64.5% |
| Suppliers | 440/4 | €66,546 | €23,623 | -€42,923 | -64.5% |
| Taxes, remuneration and social security | 45 | €2,051 | €2,132 | +€81 | +4.0% |
| Taxes | 450/3 | €2,051 | €2,132 | +€81 | +4.0% |
| Other amounts payable | 47/48 | €171 | - | -€171 | |
| Turnover | 70 | €80,564 | €0 | -€80,564 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €56,855 | €157 | -€56,698 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,900 | - | -€2,900 | |
| Other operating charges | 640/8 | €335 | €260 | -€75 | -22.4% |
| Non-recurring operating charges | 66A | - | €9,304 | +€9,304 | |
| Gross operating margin | 9900 | €23,709 | -€157 | -€23,866 | |
| Operating profit (loss) | 9901 | €20,474 | -€9,722 | -€30,196 | |
| Financial charges | 65/66B | €628 | €465 | -€163 | -26.0% |
| Recurring financial charges | 65 | €628 | €465 | -€163 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €19,846 | -€10,186 | -€30,032 | |
| Income taxes | 67/77 | €2,051 | €81 | -€1,970 | -96.0% |
| Profit (loss) for the period | 9904 | €17,795 | -€10,267 | -€28,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,795 | -€10,267 | -€28,063 |
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 5 October 2026 via checked.be.