EURO TECH SOLUTIONS: 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.
EURO TECH SOLUTIONS
Largest movements
- Cash +€130,461
up €130,461 (+124%), from €105,262 to €235,722
mainly Net result for the year (+€129,385) and Tax, wage and social debts (+€30,999)
- Tangible fixed assets +€7,804
up €7,804 (+364%), from €2,141 to €9,945
of which Furniture and vehicles: +€5,612
- Profit (loss) carried forward +€100,885
up €100,885 (+121%), from €83,548 to €184,433
- Tax, wage and social debts +€30,999
up €30,999 (+96.1%), from €32,256 to €63,255
of which Taxes: +€33,999
- Other debts +€6,724
up €6,724 (+342%), from €1,964 to €8,688
- Gross operating margin +€61,168
up €61,168 (+56.3%), from €108,604 to €169,772
- Taxes +€15,464
up €15,464 (+71.2%), from €21,712 to €37,176
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 | €123,134 | €262,933 | +€139,799 | +114% |
| Formation expenses | 20 | €171 | €0 | -€171 | -100% |
| Fixed assets | 21/28 | €2,141 | €9,945 | +€7,804 | +364% |
| Tangible fixed assets | 22/27 | €2,141 | €9,945 | +€7,804 | +364% |
| Furniture and vehicles | 24 | €2,141 | €7,754 | +€5,612 | +262% |
| Other tangible fixed assets | 26 | - | €2,192 | +€2,192 | |
| Current assets | 29/58 | €120,822 | €252,987 | +€132,166 | +109% |
| Amounts receivable within one year | 40/41 | €15,560 | €17,102 | +€1,542 | +9.9% |
| Trade receivables | 40 | €15,560 | €7,102 | -€8,458 | -54.4% |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €105,262 | €235,722 | +€130,461 | +124% |
| Deferred charges and accrued income | 490/1 | - | €163 | +€163 | |
| Total equity and liabilities | 10/49 | €123,134 | €262,933 | +€139,799 | +114% |
| Equity | 10/15 | €83,548 | €185,433 | +€101,885 | +122% |
| Contributions | 10/11 | €0 | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €83,548 | €184,433 | +€100,885 | +121% |
| Amounts payable | 17/49 | €39,585 | €77,499 | +€37,914 | +95.8% |
| Amounts payable within one year | 42/48 | €39,585 | €77,499 | +€37,914 | +95.8% |
| Trade debts | 44 | €5,365 | €5,556 | +€191 | +3.6% |
| Suppliers | 440/4 | €5,365 | €5,556 | +€191 | +3.6% |
| Taxes, remuneration and social security | 45 | €32,256 | €63,255 | +€30,999 | +96.1% |
| Taxes | 450/3 | €29,256 | €63,255 | +€33,999 | +116% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €1,964 | €8,688 | +€6,724 | +342% |
| Non-recurring operating income | 76A | - | €391 | +€391 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,451 | €1,503 | -€947 | -38.7% |
| Other operating charges | 640/8 | - | €63 | +€63 | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €108,604 | €169,772 | +€61,168 | +56.3% |
| Operating profit (loss) | 9901 | €106,153 | €168,205 | +€62,052 | +58.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €34 | €1,644 | +€1,610 | +4,757% |
| Recurring financial charges | 65 | €34 | €1,644 | +€1,610 | +4,757% |
| Profit (loss) for the period before taxes | 9903 | €106,119 | €166,561 | +€60,442 | +57.0% |
| Income taxes | 67/77 | €21,712 | €37,176 | +€15,464 | +71.2% |
| Profit (loss) for the period | 9904 | €84,407 | €129,385 | +€44,977 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €84,407 | €129,385 | +€44,977 | +53.3% |
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 20 October 2026 via checked.be.