F-TECH Consult: 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.
F-TECH Consult
Largest movements
- Stocks and contracts +€147,620
up €147,620 (+223.7%), from €66,000 to €213,620
- Cash -€115,342
down €115,342 (-45.8%), from €252,102 to €136,761
mainly Stocks and contracts (-€147,620) and Receivables within one year (-€64,819)
- Receivables within one year +€64,819
up €64,819 (+82.3%), from €78,725 to €143,544
of which Other amounts receivable: +€41,955
- Reserves +€65,300
up €65,300 (+28.3%), from €230,500 to €295,800
- Trade debts +€28,330
up €28,330 (+18.1%), from €156,926 to €185,256
- Tax, wage and social debts +€6,736
up €6,736 (+25.2%), from €26,683 to €33,419
of which Remuneration and social security: +€7,000
- Gross operating margin -€9,405
down €9,405 (-7.0%), from €134,531 to €125,126
- Depreciation +€1,877
up €1,877 (+6.6%), from €28,642 to €30,518
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 | €487,705 | €589,329 | +€101,624 | +20.8% |
| Formation expenses | 20 | €620 | €413 | -€207 | -33.3% |
| Fixed assets | 21/28 | €90,172 | €94,262 | +€4,090 | +4.5% |
| Tangible fixed assets | 22/27 | €90,172 | €94,262 | +€4,090 | +4.5% |
| Plant, machinery and equipment | 23 | €26,228 | €16,854 | -€9,374 | -35.7% |
| Furniture and vehicles | 24 | €63,944 | €77,408 | +€13,465 | +21.1% |
| Current assets | 29/58 | €396,914 | €494,654 | +€97,740 | +24.6% |
| Stocks and contracts in progress | 3 | €66,000 | €213,620 | +€147,620 | +223.7% |
| Stocks | 30/36 | €66,000 | €213,620 | +€147,620 | +223.7% |
| Amounts receivable within one year | 40/41 | €78,725 | €143,544 | +€64,819 | +82.3% |
| Trade receivables | 40 | €41,099 | €63,963 | +€22,864 | +55.6% |
| Other amounts receivable | 41 | €37,626 | €79,581 | +€41,955 | +111.5% |
| Cash at bank and in hand | 54/58 | €252,102 | €136,761 | -€115,342 | -45.8% |
| Deferred charges and accrued income | 490/1 | €86 | €729 | +€643 | +747.3% |
| Total equity and liabilities | 10/49 | €487,705 | €589,329 | +€101,624 | +20.8% |
| Equity | 10/15 | €245,634 | €311,063 | +€65,429 | +26.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €230,500 | €295,800 | +€65,300 | +28.3% |
| Distributable reserves | 133 | €230,500 | €295,800 | +€65,300 | +28.3% |
| Profit (loss) carried forward | 14 | €134 | €263 | +€129 | +96.8% |
| Amounts payable | 17/49 | €242,072 | €278,266 | +€36,195 | +15.0% |
| Amounts payable within one year | 42/48 | €242,072 | €278,266 | +€36,195 | +15.0% |
| Trade debts | 44 | €156,926 | €185,256 | +€28,330 | +18.1% |
| Suppliers | 440/4 | €156,926 | €185,256 | +€28,330 | +18.1% |
| Taxes, remuneration and social security | 45 | €26,683 | €33,419 | +€6,736 | +25.2% |
| Taxes | 450/3 | €26,683 | €26,419 | -€264 | -1.0% |
| Remuneration and social security | 454/9 | - | €7,000 | +€7,000 | |
| Other amounts payable | 47/48 | €58,463 | €59,592 | +€1,129 | +1.9% |
| Non-recurring operating income | 76A | €9,960 | - | -€9,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,642 | €30,518 | +€1,877 | +6.6% |
| Other operating charges | 640/8 | €308 | €399 | +€91 | +29.4% |
| Non-recurring operating charges | 66A | €10,560 | - | -€10,560 | |
| Gross operating margin | 9900 | €134,531 | €125,126 | -€9,405 | -7.0% |
| Operating profit (loss) | 9901 | €95,022 | €94,209 | -€813 | -0.9% |
| Financial income | 75/76B | - | €441 | +€441 | |
| Recurring financial income | 75 | - | €441 | +€441 | |
| Financial charges | 65/66B | €5,102 | €4,540 | -€562 | -11.0% |
| Recurring financial charges | 65 | €5,102 | €4,540 | -€562 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €89,919 | €90,110 | +€191 | +0.2% |
| Income taxes | 67/77 | €25,164 | €24,681 | -€483 | -1.9% |
| Profit (loss) for the period | 9904 | €64,755 | €65,429 | +€674 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €64,755 | €65,429 | +€674 | +1.0% |
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 12 October 2026 via checked.be.