ELECTRONIC TECHNOLOGY CONSULTANTS: 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.
ELECTRONIC TECHNOLOGY CONSULTANTS
Largest movements
- Cash +€96,612
up €96,612 (+79.6%), from €121,359 to €217,971
mainly Net result for the year (+€78,589) and Receivables within one year (+€9,653)
- Receivables within one year -€9,653
down €9,653 (-47.7%), from €20,218 to €10,565
of which Trade receivables: -€14,350
- Tangible fixed assets -€5,044
down €5,044 (-29.6%), from €17,043 to €12,000
of which Furniture and vehicles: -€5,229
- Reserves +€78,589
up €78,589 (+38.4%), from €204,597 to €283,186
- Tax, wage and social debts +€6,945
up €6,945 (+265%), from €2,619 to €9,564
- Other debts -€5,591
down €5,591 (-100%), from €5,591 to €0
- Gross operating margin +€46,441
up €46,441 (+58.6%), from €79,243 to €125,684
- Taxes +€15,563
up €15,563 (+93.6%), from €16,619 to €32,181
- Depreciation -€1,470
down €1,470 (-14.0%), from €10,475 to €9,005
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.
Derived cash bridge
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 | €231,646 | €313,624 | +€81,978 | +35.4% |
| Fixed assets | 21/28 | €17,043 | €12,000 | -€5,044 | -29.6% |
| Tangible fixed assets | 22/27 | €17,043 | €12,000 | -€5,044 | -29.6% |
| Plant, machinery and equipment | 23 | €5,050 | €5,235 | +€185 | +3.7% |
| Furniture and vehicles | 24 | €11,993 | €6,764 | -€5,229 | -43.6% |
| Current assets | 29/58 | €214,602 | €301,624 | +€87,022 | +40.6% |
| Amounts receivable after more than one year | 29 | €71,796 | €71,796 | = | 0.0% |
| Other amounts receivable | 291 | €71,796 | €71,796 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,218 | €10,565 | -€9,653 | -47.7% |
| Trade receivables | 40 | €14,350 | €0 | -€14,350 | -100% |
| Other amounts receivable | 41 | €5,868 | €10,565 | +€4,697 | +80.1% |
| Cash at bank and in hand | 54/58 | €121,359 | €217,971 | +€96,612 | +79.6% |
| Deferred charges and accrued income | 490/1 | €1,230 | €1,293 | +€63 | +5.1% |
| Total equity and liabilities | 10/49 | €231,646 | €313,624 | +€81,978 | +35.4% |
| Equity | 10/15 | €223,197 | €301,786 | +€78,589 | +35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €204,597 | €283,186 | +€78,589 | +38.4% |
| Distributable reserves | 133 | €204,597 | €283,186 | +€78,589 | +38.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,449 | €11,838 | +€3,389 | +40.1% |
| Amounts payable within one year | 42/48 | €8,449 | €11,838 | +€3,389 | +40.1% |
| Financial debts | 43 | €161 | €1,810 | +€1,650 | +1,026% |
| Credit institutions | 430/8 | €161 | €1,810 | +€1,650 | +1,026% |
| Trade debts | 44 | €79 | €464 | +€385 | +487% |
| Suppliers | 440/4 | €79 | €464 | +€385 | +487% |
| Taxes, remuneration and social security | 45 | €2,619 | €9,564 | +€6,945 | +265% |
| Taxes | 450/3 | €2,619 | €9,564 | +€6,945 | +265% |
| Other amounts payable | 47/48 | €5,591 | €0 | -€5,591 | -100% |
| Remuneration, social security and pensions | 62 | €8,214 | €9,167 | +€953 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,475 | €9,005 | -€1,470 | -14.0% |
| Other operating charges | 640/8 | €368 | €383 | +€14 | +3.9% |
| Gross operating margin | 9900 | €79,243 | €125,684 | +€46,441 | +58.6% |
| Operating profit (loss) | 9901 | €60,186 | €107,129 | +€46,943 | +78.0% |
| Financial income | 75/76B | €3,476 | €3,738 | +€262 | +7.5% |
| Recurring financial income | 75 | €3,476 | €3,738 | +€262 | +7.5% |
| Financial charges | 65/66B | €197 | €97 | -€100 | -50.8% |
| Recurring financial charges | 65 | €197 | €97 | -€100 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €63,465 | €110,771 | +€47,306 | +74.5% |
| Income taxes | 67/77 | €16,619 | €32,181 | +€15,563 | +93.6% |
| Profit (loss) for the period | 9904 | €46,846 | €78,589 | +€31,743 | +67.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,846 | €78,589 | +€31,743 | +67.8% |
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 25 October 2026 via checked.be.