EWB 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.
EWB Technics
Largest movements
- Cash -€204,964
down €204,964 (-59.7%), from €343,410 to €138,446
mainly Contributions, distributions and other (-€293,833) and Receivables within one year (-€42,206)
- Receivables within one year +€42,206
up €42,206 (+91.6%), from €46,090 to €88,296
of which Trade receivables: +€63,190
- Tangible fixed assets -€23,193
down €23,193 (-6.1%), from €379,648 to €356,455
of which Land and buildings: -€14,223
- Stocks and contracts -€15,843
down €15,843 (-18.2%), from €86,851 to €71,008
- Reserves -€250,626
down €250,626 (-46.6%), from €537,469 to €286,843
- Debts after one year +€59,639
up €59,639 (+24.8%), from €240,573 to €300,211
- Trade debts -€29,317
down €29,317 (-59.1%), from €49,565 to €20,248
- Current portion of long-term debt +€19,677
up €19,677 (+136.3%), from €14,436 to €34,113
- Depreciation +€13,800
up €13,800 (+48.9%), from €28,245 to €42,045
- Gross operating margin -€11,427
down €11,427 (-6.3%), from €182,326 to €170,899
- Staff costs +€2,607
up €2,607 (+5.1%), from €51,014 to €53,620
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 | €859,743 | €658,684 | -€201,059 | -23.4% |
| Fixed assets | 21/28 | €379,648 | €356,455 | -€23,193 | -6.1% |
| Tangible fixed assets | 22/27 | €379,648 | €356,455 | -€23,193 | -6.1% |
| Land and buildings | 22 | €311,388 | €297,166 | -€14,223 | -4.6% |
| Plant, machinery and equipment | 23 | €17,892 | €11,329 | -€6,563 | -36.7% |
| Furniture and vehicles | 24 | €50,368 | €47,960 | -€2,407 | -4.8% |
| Current assets | 29/58 | €480,095 | €302,229 | -€177,867 | -37.0% |
| Stocks and contracts in progress | 3 | €86,851 | €71,008 | -€15,843 | -18.2% |
| Stocks | 30/36 | €86,851 | €71,008 | -€15,843 | -18.2% |
| Amounts receivable within one year | 40/41 | €46,090 | €88,296 | +€42,206 | +91.6% |
| Trade receivables | 40 | €12,743 | €75,933 | +€63,190 | +495.9% |
| Other amounts receivable | 41 | €33,347 | €12,363 | -€20,984 | -62.9% |
| Cash at bank and in hand | 54/58 | €343,410 | €138,446 | -€204,964 | -59.7% |
| Deferred charges and accrued income | 490/1 | €3,744 | €4,479 | +€735 | +19.6% |
| Total equity and liabilities | 10/49 | €859,743 | €658,684 | -€201,059 | -23.4% |
| Equity | 10/15 | €543,669 | €293,043 | -€250,626 | -46.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €537,469 | €286,843 | -€250,626 | -46.6% |
| Distributable reserves | 133 | €537,469 | €286,843 | -€250,626 | -46.6% |
| Amounts payable | 17/49 | €316,074 | €365,641 | +€49,567 | +15.7% |
| Amounts payable after more than one year | 17 | €240,573 | €300,211 | +€59,639 | +24.8% |
| Financial debts | 170/4 | €240,573 | €300,211 | +€59,639 | +24.8% |
| Amounts payable within one year | 42/48 | €74,653 | €64,415 | -€10,239 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €14,436 | €34,113 | +€19,677 | +136.3% |
| Trade debts | 44 | €49,565 | €20,248 | -€29,317 | -59.1% |
| Suppliers | 440/4 | €49,565 | €20,248 | -€29,317 | -59.1% |
| Taxes, remuneration and social security | 45 | €3,205 | €7,502 | +€4,296 | +134.0% |
| Taxes | 450/3 | €180 | €874 | +€694 | +385.9% |
| Remuneration and social security | 454/9 | €3,026 | €6,628 | +€3,602 | +119.1% |
| Other amounts payable | 47/48 | €7,447 | €2,552 | -€4,895 | -65.7% |
| Accrued charges and deferred income | 492/3 | €848 | €1,015 | +€167 | +19.7% |
| Remuneration, social security and pensions | 62 | €51,014 | €53,620 | +€2,607 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,245 | €42,045 | +€13,800 | +48.9% |
| Other operating charges | 640/8 | €1,072 | €981 | -€91 | -8.5% |
| Non-recurring operating charges | 66A | €1,128 | - | -€1,128 | |
| Gross operating margin | 9900 | €182,326 | €170,899 | -€11,427 | -6.3% |
| Operating profit (loss) | 9901 | €100,868 | €74,253 | -€26,615 | -26.4% |
| Financial income | 75/76B | €2,154 | €2,045 | -€109 | -5.1% |
| Recurring financial income | 75 | €2,154 | €2,045 | -€109 | -5.1% |
| Financial charges | 65/66B | €12,350 | €12,488 | +€138 | +1.1% |
| Recurring financial charges | 65 | €12,350 | €12,488 | +€138 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €90,673 | €63,810 | -€26,862 | -29.6% |
| Income taxes | 67/77 | €21,722 | €20,603 | -€1,119 | -5.2% |
| Profit (loss) for the period | 9904 | €68,950 | €43,207 | -€25,743 | -37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €68,950 | €43,207 | -€25,743 | -37.3% |
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 3 October 2026 via checked.be.