INSTALL - TECH: 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.
INSTALL - TECH
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€28,978
up €28,978 (+87.5%), from -€33,114 to -€4,135
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 | €1,070,285 | €1,071,393 | +€1,108 | +0.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,070,285 | €1,071,393 | +€1,108 | +0.1% |
| Stocks and contracts in progress | 3 | €1,050,000 | €1,050,000 | = | 0.0% |
| Contracts in progress | 37 | €1,050,000 | €1,050,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,715 | €19,622 | -€92 | -0.5% |
| Trade receivables | 40 | €18,980 | €18,980 | = | 0.0% |
| Other amounts receivable | 41 | €735 | €643 | -€92 | -12.6% |
| Cash at bank and in hand | 54/58 | €570 | €1,770 | +€1,200 | +210.4% |
| Total equity and liabilities | 10/49 | €1,070,285 | €1,071,393 | +€1,108 | +0.1% |
| Equity | 10/15 | -€47,155 | -€53,772 | -€6,617 | -14.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,579 | €18,579 | = | 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% |
| Distributable reserves | 133 | €16,719 | €16,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,335 | -€90,952 | -€6,617 | -7.8% |
| Amounts payable | 17/49 | €1,117,440 | €1,125,165 | +€7,725 | +0.7% |
| Amounts payable within one year | 42/48 | €1,117,440 | €1,125,165 | +€7,725 | +0.7% |
| Trade debts | 44 | €3,806 | €5,350 | +€1,544 | +40.6% |
| Suppliers | 440/4 | €3,806 | €5,350 | +€1,544 | +40.6% |
| Other amounts payable | 47/48 | €1,113,634 | €1,119,815 | +€6,180 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €0 | -€46 | -100.0% |
| Other operating charges | 640/8 | €2,372 | €2,334 | -€38 | -1.6% |
| Gross operating margin | 9900 | -€33,114 | -€4,135 | +€28,978 | +87.5% |
| Operating profit (loss) | 9901 | -€35,532 | -€6,470 | +€29,062 | +81.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -60.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -60.0% |
| Financial charges | 65/66B | €146 | €147 | +€1 | +0.8% |
| Recurring financial charges | 65 | €146 | €147 | +€1 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,678 | -€6,617 | +€29,061 | +81.5% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€35,678 | -€6,617 | +€29,061 | +81.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,678 | -€6,617 | +€29,061 | +81.5% |
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 6 October 2026 via checked.be.