FIRE TECHNIC: 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.
FIRE TECHNIC
Largest movements
- Receivables within one year -€272,994
down €272,994 (-44.6%), from €612,636 to €339,642
of which Trade receivables: -€264,432
- Cash +€132,890
up €132,890 (+21.3%), from €625,192 to €758,082
mainly Receivables within one year (+€272,994) and Depreciation (+€70,257)
- Stocks and contracts +€82,947
up €82,947 (+28.4%), from €292,140 to €375,087
- Tangible fixed assets -€61,155
down €61,155 (-29.0%), from €210,906 to €149,750
of which Furniture and vehicles: -€30,800
- Trade debts -€60,923
down €60,923 (-64.9%), from €93,889 to €32,966
of which Suppliers: -€64,703
- Debts after one year -€28,886
down €28,886 (-70.0%), from €41,269 to €12,383
- Gross operating margin -€153,247
down €153,247 (-16.6%), from €923,609 to €770,362
- Staff costs -€40,664
down €40,664 (-5.9%), from €693,108 to €652,444
- Taxes -€39,718
down €39,718 (-74.2%), from €53,529 to €13,812
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 | €2,088,853 | €1,970,565 | -€118,288 | -5.7% |
| Fixed assets | 21/28 | €555,971 | €494,816 | -€61,155 | -11.0% |
| Tangible fixed assets | 22/27 | €210,906 | €149,750 | -€61,155 | -29.0% |
| Plant, machinery and equipment | 23 | €18,962 | €10,996 | -€7,966 | -42.0% |
| Furniture and vehicles | 24 | €103,619 | €72,819 | -€30,800 | -29.7% |
| Other tangible fixed assets | 26 | €88,324 | €65,935 | -€22,389 | -25.3% |
| Financial fixed assets | 28 | €345,065 | €345,065 | = | 0.0% |
| Current assets | 29/58 | €1,532,882 | €1,475,749 | -€57,133 | -3.7% |
| Stocks and contracts in progress | 3 | €292,140 | €375,087 | +€82,947 | +28.4% |
| Stocks | 30/36 | €292,140 | €375,087 | +€82,947 | +28.4% |
| Amounts receivable within one year | 40/41 | €612,636 | €339,642 | -€272,994 | -44.6% |
| Trade receivables | 40 | €595,857 | €331,425 | -€264,432 | -44.4% |
| Other amounts receivable | 41 | €16,779 | €8,218 | -€8,562 | -51.0% |
| Cash at bank and in hand | 54/58 | €625,192 | €758,082 | +€132,890 | +21.3% |
| Deferred charges and accrued income | 490/1 | €2,914 | €2,938 | +€24 | +0.8% |
| Total equity and liabilities | 10/49 | €2,088,853 | €1,970,565 | -€118,288 | -5.7% |
| Equity | 10/15 | €1,443,411 | €1,449,112 | +€5,701 | +0.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €1,344,254 | €1,349,954 | +€5,701 | +0.4% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Distributable reserves | 133 | €1,334,338 | €1,340,039 | +€5,701 | +0.4% |
| Provisions and deferred taxes | 16 | €343,652 | €343,652 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €343,652 | €343,652 | = | 0.0% |
| Other liabilities and charges | 164/5 | €343,652 | €343,652 | = | 0.0% |
| Amounts payable | 17/49 | €301,789 | €177,801 | -€123,989 | -41.1% |
| Amounts payable after more than one year | 17 | €41,269 | €12,383 | -€28,886 | -70.0% |
| Financial debts | 170/4 | €41,269 | €12,383 | -€28,886 | -70.0% |
| Amounts payable within one year | 42/48 | €258,567 | €163,765 | -€94,802 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €27,748 | €28,886 | +€1,138 | +4.1% |
| Trade debts | 44 | €93,889 | €32,966 | -€60,923 | -64.9% |
| Suppliers | 440/4 | €80,297 | €15,594 | -€64,703 | -80.6% |
| Bills of exchange payable | 441 | €13,592 | €17,372 | +€3,780 | +27.8% |
| Advances received on contracts in progress | 46 | €14 | - | -€14 | |
| Taxes, remuneration and social security | 45 | €108,416 | €92,413 | -€16,003 | -14.8% |
| Taxes | 450/3 | €52,628 | €35,362 | -€17,267 | -32.8% |
| Remuneration and social security | 454/9 | €55,787 | €57,052 | +€1,264 | +2.3% |
| Other amounts payable | 47/48 | €28,500 | €9,500 | -€19,000 | -66.7% |
| Accrued charges and deferred income | 492/3 | €1,954 | €1,653 | -€301 | -15.4% |
| Non-recurring operating income | 76A | €2,750 | €4,146 | +€1,396 | +50.7% |
| Remuneration, social security and pensions | 62 | €693,108 | €652,444 | -€40,664 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,039 | €70,257 | +€8,218 | +13.2% |
| Other operating charges | 640/8 | €5,885 | €9,715 | +€3,831 | +65.1% |
| Gross operating margin | 9900 | €923,609 | €770,362 | -€153,247 | -16.6% |
| Operating profit (loss) | 9901 | €162,578 | €37,946 | -€124,632 | -76.7% |
| Financial income | 75/76B | €481 | €3 | -€478 | -99.3% |
| Recurring financial income | 75 | €481 | €3 | -€478 | -99.3% |
| Financial charges | 65/66B | €9,195 | €8,437 | -€758 | -8.2% |
| Recurring financial charges | 65 | €9,195 | €8,437 | -€758 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €153,864 | €29,512 | -€124,351 | -80.8% |
| Income taxes | 67/77 | €53,529 | €13,812 | -€39,718 | -74.2% |
| Profit (loss) for the period | 9904 | €100,334 | €15,701 | -€84,634 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €100,334 | €15,701 | -€84,634 | -84.4% |
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 27 October 2026 via checked.be.