Mad 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.
Mad technics
Largest movements
- Receivables within one year +€24,899
up €24,899 (+262.3%), from €9,493 to €34,392
of which Trade receivables: +€25,320
- Cash -€7,511
down €7,511 (-88.9%), from €8,446 to €935
mainly Receivables within one year (-€24,899) and Deferred charges and accrued income (-€6,935)
- Deferred charges and accrued income +€6,935
up €6,935 (+1032.2%), from €672 to €7,607
- Trade debts +€16,802
up €16,802 (+8824.4%), from €190 to €16,992
- Profit (loss) carried forward +€6,447
up €6,447 (+191.1%), from €3,374 to €9,821
- Tax, wage and social debts +€1,672
up €1,672 (+14.6%), from €11,449 to €13,121
- Other debts -€597
down €597 (-100.0%), from €597 to €0
- Gross operating margin +€10,032
up €10,032 (+86.7%), from €11,567 to €21,599
- Other operating charges +€9,877
up €9,877 (+72624.3%), from €14 to €9,891
- Taxes -€3,212
down €3,212 (-39.3%), from €8,167 to €4,954
- Financial charges +€294
up €294 (+2280.3%), from €13 to €307
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 | €18,611 | €42,934 | +€24,324 | +130.7% |
| Current assets | 29/58 | €18,611 | €42,934 | +€24,324 | +130.7% |
| Amounts receivable within one year | 40/41 | €9,493 | €34,392 | +€24,899 | +262.3% |
| Trade receivables | 40 | €7,975 | €33,295 | +€25,320 | +317.5% |
| Other amounts receivable | 41 | €1,518 | €1,097 | -€421 | -27.8% |
| Cash at bank and in hand | 54/58 | €8,446 | €935 | -€7,511 | -88.9% |
| Deferred charges and accrued income | 490/1 | €672 | €7,607 | +€6,935 | +1032.2% |
| Total equity and liabilities | 10/49 | €18,611 | €42,934 | +€24,324 | +130.7% |
| Equity | 10/15 | €6,374 | €12,821 | +€6,447 | +101.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,374 | €9,821 | +€6,447 | +191.1% |
| Amounts payable | 17/49 | €12,237 | €30,113 | +€17,876 | +146.1% |
| Amounts payable within one year | 42/48 | €12,237 | €30,113 | +€17,876 | +146.1% |
| Trade debts | 44 | €190 | €16,992 | +€16,802 | +8824.4% |
| Suppliers | 440/4 | €190 | €16,992 | +€16,802 | +8824.4% |
| Taxes, remuneration and social security | 45 | €11,449 | €13,121 | +€1,672 | +14.6% |
| Taxes | 450/3 | €11,449 | €13,121 | +€1,672 | +14.6% |
| Other amounts payable | 47/48 | €597 | €0 | -€597 | -100.0% |
| Other operating charges | 640/8 | €14 | €9,891 | +€9,877 | +72624.3% |
| Gross operating margin | 9900 | €11,567 | €21,599 | +€10,032 | +86.7% |
| Operating profit (loss) | 9901 | €11,553 | €11,709 | +€155 | +1.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €13 | €307 | +€294 | +2280.3% |
| Recurring financial charges | 65 | €13 | €307 | +€294 | +2280.3% |
| Profit (loss) for the period before taxes | 9903 | €11,541 | €11,402 | -€139 | -1.2% |
| Income taxes | 67/77 | €8,167 | €4,954 | -€3,212 | -39.3% |
| Profit (loss) for the period | 9904 | €3,374 | €6,447 | +€3,074 | +91.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,374 | €6,447 | +€3,074 | +91.1% |
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 12 October 2026 via checked.be.