HIGH TECHNOLOGY SOLVENTS IMMO: 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.
What changed
HIGH TECHNOLOGY SOLVENTS IMMO
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€34,961
2024 · €13,539-€48,500
Equity
€428,424
2024 · €463,385-€34,961
Cash
€94
2024 · €16,248-€16,153
Balance sheet total
€2.7m
2024 · €2.8m-€122,691
Largest movements
Assets
- Tangible fixed assets -€120,247
down €120,247 (-4.9%), from €2.4m to €2.3m
of which Land and buildings: -€98,201
Equity and liabilities
- Debts after one year -€142,468
down €142,468 (-7.1%), from €2.0m to €1.9m
of which Financial debts: -€147,559
- Trade debts +€55,136
up €55,136 (+166%), from €33,134 to €88,270
- Profit (loss) carried forward -€34,961
down €34,961 (-5.7%), from -€608,110 to -€643,070
Income statement
- Gross operating margin -€74,791
down €74,791 (-27.2%), from €275,067 to €200,276
- Financial charges -€16,008
down €16,008 (-30.4%), from €52,580 to €36,572
- Staff costs -€7,878
down €7,878 (-32.7%), from €24,087 to €16,208
- Other operating charges -€5,031
down €5,031 (-14.4%), from €35,055 to €30,024
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.
Result 2024
€13,539
Gross operating margin
-€74,791
Staff costs
+€7,878
Depreciation
-€2,604
Other operating charges
+€5,031
Financial income
-€23
Financial charges
+€16,008
Result 2025
-€34,961
raises the resultlowers the result
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.
From operations
+€156,406
Investment
-€32,295
Financing
-€140,264
Cash 2024
€16,248
From operations (derived)
+€156,406
Net result for the year
-€34,961
Depreciation
+€152,541
Receivables within one year
-€13,483
Deferred charges and accrued income
-€226
Trade debts
+€55,136
Tax, wage and social debts
-€6,471
Advances received
-€440
Other debts
+€4,309
Investment (derived)
-€32,295
Investment in fixed assets (net)
-€32,295
Financing
-€140,264
Debts after one year
-€142,468
Current portion of long-term debt
+€2,836
Short-term financial debts
-€631
Cash 2025
€94
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,789,909 | €2,667,218 | -€122,691 | -4.4% |
| Fixed assets | 21/28 | €2,448,683 | €2,328,437 | -€120,247 | -4.9% |
| Tangible fixed assets | 22/27 | €2,448,683 | €2,328,437 | -€120,247 | -4.9% |
| Land and buildings | 22 | €2,158,776 | €2,060,575 | -€98,201 | -4.5% |
| Plant, machinery and equipment | 23 | €289,907 | €267,862 | -€22,046 | -7.6% |
| Current assets | 29/58 | €341,226 | €338,781 | -€2,444 | -0.7% |
| Amounts receivable within one year | 40/41 | €324,978 | €338,461 | +€13,483 | +4.1% |
| Trade receivables | 40 | €66,795 | €71,568 | +€4,774 | +7.1% |
| Other amounts receivable | 41 | €258,183 | €266,892 | +€8,709 | +3.4% |
| Cash at bank and in hand | 54/58 | €16,248 | €94 | -€16,153 | -99.4% |
| Deferred charges and accrued income | 490/1 | - | €226 | +€226 | |
| Total equity and liabilities | 10/49 | €2,789,909 | €2,667,218 | -€122,691 | -4.4% |
| Equity | 10/15 | €463,385 | €428,424 | -€34,961 | -7.5% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Revaluation surpluses | 12 | €740,000 | €720,000 | -€20,000 | -2.7% |
| Reserves | 13 | €206,495 | €226,495 | +€20,000 | +9.7% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €193,995 | €213,995 | +€20,000 | +10.3% |
| Profit (loss) carried forward | 14 | -€608,110 | -€643,070 | -€34,961 | -5.7% |
| Amounts payable | 17/49 | €2,326,524 | €2,238,793 | -€87,730 | -3.8% |
| Amounts payable after more than one year | 17 | €2,010,007 | €1,867,538 | -€142,468 | -7.1% |
| Financial debts | 170/4 | €1,973,420 | €1,825,861 | -€147,559 | -7.5% |
| Other amounts payable | 178/9 | €36,587 | €41,678 | +€5,090 | +13.9% |
| Amounts payable within one year | 42/48 | €316,517 | €371,255 | +€54,738 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €144,723 | €147,559 | +€2,836 | +2.0% |
| Financial debts | 43 | €22,166 | €21,534 | -€631 | -2.8% |
| Credit institutions | 430/8 | €22,166 | €21,534 | -€631 | -2.8% |
| Trade debts | 44 | €33,134 | €88,270 | +€55,136 | +166% |
| Suppliers | 440/4 | €33,134 | €88,270 | +€55,136 | +166% |
| Advances received on contracts in progress | 46 | €4,590 | €4,150 | -€440 | -9.6% |
| Taxes, remuneration and social security | 45 | €7,515 | €1,044 | -€6,471 | -86.1% |
| Taxes | 450/3 | €4,225 | - | -€4,225 | |
| Remuneration and social security | 454/9 | €3,290 | €1,044 | -€2,246 | -68.3% |
| Other amounts payable | 47/48 | €104,390 | €108,699 | +€4,309 | +4.1% |
| Remuneration, social security and pensions | 62 | €24,087 | €16,208 | -€7,878 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,938 | €152,541 | +€2,604 | +1.7% |
| Other operating charges | 640/8 | €35,055 | €30,024 | -€5,031 | -14.4% |
| Gross operating margin | 9900 | €275,067 | €200,276 | -€74,791 | -27.2% |
| Operating profit (loss) | 9901 | €65,987 | €1,503 | -€64,485 | -97.7% |
| Financial income | 75/76B | €131 | €109 | -€23 | -17.3% |
| Recurring financial income | 75 | €99 | €109 | +€10 | +9.8% |
| Non-recurring financial income | 76B | €32 | - | -€32 | |
| Financial charges | 65/66B | €52,580 | €36,572 | -€16,008 | -30.4% |
| Recurring financial charges | 65 | €52,580 | €36,572 | -€16,008 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €13,539 | -€34,961 | -€48,500 | |
| Profit (loss) for the period | 9904 | €13,539 | -€34,961 | -€48,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,539 | -€34,961 | -€48,500 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.