MODERN TECH NOW: 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.
MODERN TECH NOW
Largest movements
- Cash +€63,374
up €63,374 (+56.6%), from €112,017 to €175,391
mainly Net result for the year (+€99,934) and Tax, wage and social debts (+€1,734)
- Receivables within one year +€15,289
up €15,289 (+163%), from €9,396 to €24,685
of which Trade receivables: +€18,000
- Reserves +€93,184
up €93,184 (+99.9%), from €93,302 to €186,486
- Other debts -€17,052
down €17,052 (-64.8%), from €26,310 to €9,258
- Gross operating margin +€41,606
up €41,606 (+49.7%), from €83,644 to €125,250
- Taxes -€14,351
down €14,351 (-39.5%), from €36,290 to €21,940
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 | €125,189 | €203,706 | +€78,517 | +62.7% |
| Fixed assets | 21/28 | €3,058 | €1,585 | -€1,473 | -48.2% |
| Tangible fixed assets | 22/27 | €3,058 | €1,585 | -€1,473 | -48.2% |
| Plant, machinery and equipment | 23 | €3,058 | €1,585 | -€1,473 | -48.2% |
| Current assets | 29/58 | €122,131 | €202,121 | +€79,990 | +65.5% |
| Amounts receivable within one year | 40/41 | €9,396 | €24,685 | +€15,289 | +163% |
| Trade receivables | 40 | €6,000 | €24,000 | +€18,000 | +300% |
| Other amounts receivable | 41 | €3,396 | €685 | -€2,711 | -79.8% |
| Cash at bank and in hand | 54/58 | €112,017 | €175,391 | +€63,374 | +56.6% |
| Deferred charges and accrued income | 490/1 | €718 | €2,045 | +€1,327 | +185% |
| Total equity and liabilities | 10/49 | €125,189 | €203,706 | +€78,517 | +62.7% |
| Equity | 10/15 | €93,302 | €186,486 | +€93,184 | +99.9% |
| Reserves | 13 | €93,302 | €186,486 | +€93,184 | +99.9% |
| Distributable reserves | 133 | €93,302 | €186,486 | +€93,184 | +99.9% |
| Amounts payable | 17/49 | €31,887 | €17,220 | -€14,667 | -46.0% |
| Amounts payable within one year | 42/48 | €31,887 | €17,220 | -€14,667 | -46.0% |
| Trade debts | 44 | €252 | €903 | +€651 | +258% |
| Suppliers | 440/4 | €252 | €903 | +€651 | +258% |
| Taxes, remuneration and social security | 45 | €5,325 | €7,059 | +€1,734 | +32.6% |
| Taxes | 450/3 | €5,325 | €7,059 | +€1,734 | +32.6% |
| Other amounts payable | 47/48 | €26,310 | €9,258 | -€17,052 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,244 | €1,473 | +€229 | +18.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €83,644 | €125,250 | +€41,606 | +49.7% |
| Operating profit (loss) | 9901 | €81,894 | €123,257 | +€41,363 | +50.5% |
| Financial income | 75/76B | €805 | €0 | -€805 | -100.0% |
| Recurring financial income | 75 | €805 | €0 | -€805 | -100.0% |
| Financial charges | 65/66B | €1,292 | €1,384 | +€91 | +7.1% |
| Recurring financial charges | 65 | €1,292 | €1,384 | +€91 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €81,407 | €121,873 | +€40,466 | +49.7% |
| Income taxes | 67/77 | €36,290 | €21,940 | -€14,351 | -39.5% |
| Profit (loss) for the period | 9904 | €45,116 | €99,934 | +€54,817 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €45,116 | €99,934 | +€54,817 | +122% |
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 19 October 2026 via checked.be.