EUROPEAN TECHNOLOGIES: 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.
EUROPEAN TECHNOLOGIES
Largest movements
- Cash -€11,786
down €11,786 (-11.9%), from €99,032 to €87,246
mainly Contributions, distributions and other (-€30,000) and Investment in fixed assets (net) (-€12,937)
- Receivables within one year -€10,142
down €10,142 (-100%), from €10,142 to €0
of which Other amounts receivable: -€10,142
- Tangible fixed assets -€8,733
down €8,733 (-1.7%), from €503,375 to €494,641
of which Land and buildings: -€16,615
- Reserves -€30,000
down €30,000 (-20.8%), from €144,150 to €114,150
of which Distributable reserves: -€30,000
- Gross operating margin -€3,007
down €3,007 (-8.4%), from €35,773 to €32,766
- Taxes -€2,162
down €2,162 (-53.0%), from €4,079 to €1,918
- Financial income -€1,288
down €1,288 (-99.9%), from €1,289 to €1
- Depreciation +€1,182
up €1,182 (+5.8%), from €20,488 to €21,670
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 | €615,246 | €583,848 | -€31,399 | -5.1% |
| Fixed assets | 21/28 | €503,375 | €494,641 | -€8,733 | -1.7% |
| Tangible fixed assets | 22/27 | €503,375 | €494,641 | -€8,733 | -1.7% |
| Land and buildings | 22 | €486,450 | €469,835 | -€16,615 | -3.4% |
| Plant, machinery and equipment | 23 | €16,924 | €24,807 | +€7,882 | +46.6% |
| Current assets | 29/58 | €111,872 | €89,206 | -€22,665 | -20.3% |
| Amounts receivable within one year | 40/41 | €10,142 | €0 | -€10,142 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €10,142 | €0 | -€10,142 | -100% |
| Cash at bank and in hand | 54/58 | €99,032 | €87,246 | -€11,786 | -11.9% |
| Deferred charges and accrued income | 490/1 | €2,698 | €1,961 | -€737 | -27.3% |
| Total equity and liabilities | 10/49 | €615,246 | €583,848 | -€31,399 | -5.1% |
| Equity | 10/15 | €582,919 | €552,771 | -€30,147 | -5.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €144,150 | €114,150 | -€30,000 | -20.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €138,000 | €108,000 | -€30,000 | -21.7% |
| Profit (loss) carried forward | 14 | €377,269 | €377,121 | -€147 | 0.0% |
| Amounts payable | 17/49 | €32,328 | €31,077 | -€1,251 | -3.9% |
| Amounts payable within one year | 42/48 | €32,240 | €30,987 | -€1,253 | -3.9% |
| Trade debts | 44 | €81 | €979 | +€899 | +1,111% |
| Suppliers | 440/4 | €81 | €979 | +€899 | +1,111% |
| Taxes, remuneration and social security | 45 | €4,201 | €2,049 | -€2,151 | -51.2% |
| Taxes | 450/3 | €4,201 | €2,049 | -€2,151 | -51.2% |
| Other amounts payable | 47/48 | €27,958 | €27,958 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,488 | €21,670 | +€1,182 | +5.8% |
| Other operating charges | 640/8 | €8,502 | €8,686 | +€184 | +2.2% |
| Gross operating margin | 9900 | €35,773 | €32,766 | -€3,007 | -8.4% |
| Operating profit (loss) | 9901 | €6,784 | €2,410 | -€4,374 | -64.5% |
| Financial income | 75/76B | €1,289 | €1 | -€1,288 | -99.9% |
| Recurring financial income | 75 | €1,289 | €1 | -€1,288 | -99.9% |
| Financial charges | 65/66B | €523 | €641 | +€118 | +22.6% |
| Recurring financial charges | 65 | €523 | €641 | +€118 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €7,550 | €1,770 | -€5,780 | -76.6% |
| Income taxes | 67/77 | €4,079 | €1,918 | -€2,162 | -53.0% |
| Profit (loss) for the period | 9904 | €3,470 | -€147 | -€3,618 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,470 | -€147 | -€3,618 |
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 30 October 2026 via checked.be.