F-Technic: 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.
F-Technic
Largest movements
- Cash -€85,408
down €85,408 (-59.7%), from €143,135 to €57,727
mainly Investment in fixed assets (net) (-€135,000) and Receivables within one year (-€61,799)
- Tangible fixed assets +€78,265
up €78,265 (+129.2%), from €60,587 to €138,852
of which Plant, machinery and equipment: +€107,983
- Receivables within one year +€61,799
up €61,799 (+21.4%), from €288,508 to €350,307
of which Trade receivables: +€61,799
- Debts after one year +€39,110
new in 2025: €39,110
- Current portion of long-term debt +€11,547
new in 2025: €11,547
- Tax, wage and social debts -€11,409
down €11,409 (-40.4%), from €28,263 to €16,854
of which Taxes: -€11,384
- Trade debts +€9,099
up €9,099 (+6.5%), from €139,321 to €148,420
- Gross operating margin +€41,520
up €41,520 (+53.0%), from €78,284 to €119,805
- Other operating charges +€40,577
up €40,577 (+2217.5%), from €1,830 to €42,407
- Depreciation +€28,886
up €28,886 (+103.7%), from €27,848 to €56,735
- Financial charges +€1,657
up €1,657 (+1201.7%), from €138 to €1,795
- Staff costs +€1,458
up €1,458 (+116.4%), from €1,253 to €2,711
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 | €493,230 | €547,886 | +€54,656 | +11.1% |
| Fixed assets | 21/28 | €60,587 | €138,852 | +€78,265 | +129.2% |
| Tangible fixed assets | 22/27 | €60,587 | €138,852 | +€78,265 | +129.2% |
| Plant, machinery and equipment | 23 | €5,756 | €113,740 | +€107,983 | +1875.9% |
| Furniture and vehicles | 24 | €54,831 | €25,113 | -€29,718 | -54.2% |
| Current assets | 29/58 | €432,643 | €409,034 | -€23,609 | -5.5% |
| Amounts receivable within one year | 40/41 | €288,508 | €350,307 | +€61,799 | +21.4% |
| Trade receivables | 40 | €288,508 | €350,307 | +€61,799 | +21.4% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €143,135 | €57,727 | -€85,408 | -59.7% |
| Deferred charges and accrued income | 490/1 | €1,000 | €1,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €493,230 | €547,886 | +€54,656 | +11.1% |
| Equity | 10/15 | €249,840 | €250,849 | +€1,009 | +0.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €136,863 | €137,872 | +€1,009 | +0.7% |
| Distributable reserves | 133 | €136,863 | €137,872 | +€1,009 | +0.7% |
| Profit (loss) carried forward | 14 | €98,717 | €98,717 | = | 0.0% |
| Amounts payable | 17/49 | €243,390 | €297,038 | +€53,647 | +22.0% |
| Amounts payable after more than one year | 17 | - | €39,110 | +€39,110 | |
| Financial debts | 170/4 | - | €39,110 | +€39,110 | |
| Amounts payable within one year | 42/48 | €243,390 | €257,928 | +€14,538 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | - | €11,547 | +€11,547 | |
| Trade debts | 44 | €139,321 | €148,420 | +€9,099 | +6.5% |
| Suppliers | 440/4 | €139,321 | €148,420 | +€9,099 | +6.5% |
| Taxes, remuneration and social security | 45 | €28,263 | €16,854 | -€11,409 | -40.4% |
| Taxes | 450/3 | €25,863 | €14,479 | -€11,384 | -44.0% |
| Remuneration and social security | 454/9 | €2,400 | €2,375 | -€25 | -1.0% |
| Other amounts payable | 47/48 | €75,806 | €81,107 | +€5,301 | +7.0% |
| Remuneration, social security and pensions | 62 | €1,253 | €2,711 | +€1,458 | +116.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,848 | €56,735 | +€28,886 | +103.7% |
| Other operating charges | 640/8 | €1,830 | €42,407 | +€40,577 | +2217.5% |
| Gross operating margin | 9900 | €78,284 | €119,805 | +€41,520 | +53.0% |
| Operating profit (loss) | 9901 | €47,353 | €17,952 | -€29,401 | -62.1% |
| Financial income | 75/76B | €0 | €4 | +€4 | +40500.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +40500.0% |
| Financial charges | 65/66B | €138 | €1,795 | +€1,657 | +1201.7% |
| Recurring financial charges | 65 | €138 | €1,795 | +€1,657 | +1201.7% |
| Profit (loss) for the period before taxes | 9903 | €47,215 | €16,160 | -€31,055 | -65.8% |
| Income taxes | 67/77 | €16,486 | €15,151 | -€1,335 | -8.1% |
| Profit (loss) for the period | 9904 | €30,729 | €1,009 | -€29,720 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,729 | €1,009 | -€29,720 | -96.7% |
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 8 October 2026 via checked.be.