EK-TECH: 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.
EK-TECH
Largest movements
- Receivables within one year +€38,842
up €38,842 (+161.6%), from €24,037 to €62,878
of which Trade receivables: +€33,222
- Deferred charges and accrued income -€18,906
no longer reported in 2024 (was €18,906)
- Tangible fixed assets +€3,606
up €3,606 (+754.0%), from €478 to €4,084
- Cash -€2,756
down €2,756 (-89.4%), from €3,083 to €327
mainly Receivables within one year (-€38,842) and Investment in fixed assets (net) (-€4,009)
- Trade debts +€20,638
new in 2024: €20,638
- Tax, wage and social debts +€1,673
new in 2024: €1,673
- Profit (loss) carried forward -€1,524
down €1,524 (-3.1%), from €49,653 to €48,129
- Gross operating margin -€142,115
down €142,115 (-87.4%), from €162,519 to €20,404
- Staff costs -€138,039
down €138,039 (-89.1%), from €154,960 to €16,921
- Taxes +€1,673
new in 2024: €1,673
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,653 | €70,440 | +€20,786 | +41.9% |
| Fixed assets | 21/28 | €3,628 | €7,234 | +€3,606 | +99.4% |
| Tangible fixed assets | 22/27 | €478 | €4,084 | +€3,606 | +754.0% |
| Furniture and vehicles | 24 | €478 | €4,084 | +€3,606 | +754.0% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €46,025 | €63,206 | +€17,180 | +37.3% |
| Amounts receivable within one year | 40/41 | €24,037 | €62,878 | +€38,842 | +161.6% |
| Trade receivables | 40 | €19,784 | €53,007 | +€33,222 | +167.9% |
| Other amounts receivable | 41 | €4,252 | €9,872 | +€5,619 | +132.1% |
| Cash at bank and in hand | 54/58 | €3,083 | €327 | -€2,756 | -89.4% |
| Deferred charges and accrued income | 490/1 | €18,906 | - | -€18,906 | |
| Total equity and liabilities | 10/49 | €49,653 | €70,440 | +€20,786 | +41.9% |
| Equity | 10/15 | €49,653 | €48,129 | -€1,524 | -3.1% |
| Reserves | 13 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €49,653 | €48,129 | -€1,524 | -3.1% |
| Amounts payable | 17/49 | - | €22,311 | +€22,311 | |
| Amounts payable within one year | 42/48 | - | €22,311 | +€22,311 | |
| Trade debts | 44 | - | €20,638 | +€20,638 | |
| Suppliers | 440/4 | - | €20,638 | +€20,638 | |
| Taxes, remuneration and social security | 45 | - | €1,673 | +€1,673 | |
| Taxes | 450/3 | - | €1,673 | +€1,673 | |
| Remuneration, social security and pensions | 62 | €154,960 | €16,921 | -€138,039 | -89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €728 | €403 | -€325 | -44.7% |
| Other operating charges | 640/8 | €2,233 | €1,900 | -€333 | -14.9% |
| Gross operating margin | 9900 | €162,519 | €20,404 | -€142,115 | -87.4% |
| Operating profit (loss) | 9901 | €4,598 | €1,180 | -€3,418 | -74.3% |
| Financial income | 75/76B | €52 | €0 | -€51 | -99.4% |
| Recurring financial income | 75 | €52 | €0 | -€51 | -99.4% |
| Financial charges | 65/66B | €1,162 | €1,032 | -€131 | -11.2% |
| Recurring financial charges | 65 | €1,162 | €1,032 | -€131 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €3,487 | €149 | -€3,339 | -95.7% |
| Income taxes | 67/77 | - | €1,673 | +€1,673 | |
| Profit (loss) for the period | 9904 | €3,487 | -€1,524 | -€5,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,487 | -€1,524 | -€5,011 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.