FV-TECHNICS: 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.
FV-TECHNICS
Largest movements
- Cash -€23,858
down €23,858 (-21.1%), from €112,808 to €88,950
mainly Contributions, distributions and other (-€59,900) and Net result for the year (-€28,157)
- Deferred charges and accrued income -€21,380
down €21,380 (-92.6%), from €23,077 to €1,697
- Receivables within one year -€11,827
down €11,827 (-56.8%), from €20,835 to €9,008
of which Trade receivables: -€13,380
- Tangible fixed assets -€3,704
down €3,704 (-28.3%), from €13,101 to €9,396
of which Furniture and vehicles: -€2,836
- Profit (loss) carried forward -€88,056
no longer reported in 2025 (was €88,056)
- Other debts +€63,671
up €63,671 (+265.8%), from €23,955 to €87,626
- Advances received -€26,717
no longer reported in 2025 (was €26,717)
- Trade debts -€9,566
down €9,566 (-90.9%), from €10,525 to €959
- Gross operating margin -€24,251
down €24,251 (-95.8%), from €25,309 to €1,057
- Taxes +€21,779
new in 2025: €21,779
- Financial income +€2,977
up €2,977 (+33044.8%), from €9 to €2,986
of which Non-recurring financial income: +€2,986
- Financial charges +€2,591
up €2,591 (+2926.3%), from €89 to €2,679
- Depreciation +€1,435
up €1,435 (+25.2%), from €5,698 to €7,133
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 | €169,820 | €109,051 | -€60,770 | -35.8% |
| Fixed assets | 21/28 | €13,101 | €9,396 | -€3,704 | -28.3% |
| Tangible fixed assets | 22/27 | €13,101 | €9,396 | -€3,704 | -28.3% |
| Plant, machinery and equipment | 23 | €868 | - | -€868 | |
| Furniture and vehicles | 24 | €12,233 | €9,396 | -€2,836 | -23.2% |
| Current assets | 29/58 | €156,720 | €99,654 | -€57,065 | -36.4% |
| Amounts receivable within one year | 40/41 | €20,835 | €9,008 | -€11,827 | -56.8% |
| Trade receivables | 40 | €20,761 | €7,381 | -€13,380 | -64.4% |
| Other amounts receivable | 41 | €74 | €1,627 | +€1,553 | +2090.2% |
| Cash at bank and in hand | 54/58 | €112,808 | €88,950 | -€23,858 | -21.1% |
| Deferred charges and accrued income | 490/1 | €23,077 | €1,697 | -€21,380 | -92.6% |
| Total equity and liabilities | 10/49 | €169,820 | €109,051 | -€60,770 | -35.8% |
| Equity | 10/15 | €108,516 | €20,460 | -€88,056 | -81.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,056 | - | -€88,056 | |
| Amounts payable | 17/49 | €61,304 | €88,591 | +€27,287 | +44.5% |
| Amounts payable within one year | 42/48 | €61,204 | €88,591 | +€27,387 | +44.7% |
| Trade debts | 44 | €10,525 | €959 | -€9,566 | -90.9% |
| Suppliers | 440/4 | €10,525 | €959 | -€9,566 | -90.9% |
| Advances received on contracts in progress | 46 | €26,717 | - | -€26,717 | |
| Taxes, remuneration and social security | 45 | €8 | €6 | -€2 | -25.1% |
| Taxes | 450/3 | €8 | - | -€8 | |
| Remuneration and social security | 454/9 | - | €6 | +€6 | |
| Other amounts payable | 47/48 | €23,955 | €87,626 | +€63,671 | +265.8% |
| Accrued charges and deferred income | 492/3 | €100 | - | -€100 | |
| Non-recurring operating income | 76A | €4,959 | - | -€4,959 | |
| Remuneration, social security and pensions | 62 | €56 | €73 | +€17 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,698 | €7,133 | +€1,435 | +25.2% |
| Other operating charges | 640/8 | €510 | €536 | +€26 | +5.0% |
| Gross operating margin | 9900 | €25,309 | €1,057 | -€24,251 | -95.8% |
| Operating profit (loss) | 9901 | €19,044 | -€6,684 | -€25,729 | |
| Financial income | 75/76B | €9 | €2,986 | +€2,977 | +33044.8% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.8% |
| Non-recurring financial income | 76B | - | €2,986 | +€2,986 | |
| Financial charges | 65/66B | €89 | €2,679 | +€2,591 | +2926.3% |
| Recurring financial charges | 65 | €89 | €2,679 | +€2,591 | +2926.3% |
| Profit (loss) for the period before taxes | 9903 | €18,965 | -€6,377 | -€25,342 | |
| Income taxes | 67/77 | - | €21,779 | +€21,779 | |
| Profit (loss) for the period | 9904 | €18,965 | -€28,157 | -€47,121 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,965 | -€28,157 | -€47,121 |
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 11 October 2026 via checked.be.