N-TECH: 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.
N-TECH
Largest movements
- Cash +€26,503
up €26,503 (+63.7%), from €41,605 to €68,107
mainly Net result for the year (+€88,924) and Other debts (+€49,058)
- Tangible fixed assets +€9,139
up €9,139 (+70.9%), from €12,882 to €22,021
- Deferred charges and accrued income -€2,496
down €2,496 (-36.9%), from €6,769 to €4,273
- Other debts +€49,058
up €49,058 (+114%), from €42,890 to €91,948
- Trade debts -€7,067
down €7,067 (-90.4%), from €7,819 to €752
- Profit (loss) carried forward -€6,076
new in 2025: -€6,076
- Tax, wage and social debts -€1,767
down €1,767 (-9.9%), from €17,853 to €16,086
of which Remuneration and social security: -€1,850
- Gross operating margin +€71,343
up €71,343 (+132%), from €53,992 to €125,335
- Taxes +€14,836
up €14,836 (+116%), from €12,751 to €27,587
- Depreciation +€3,157
up €3,157 (+90.6%), from €3,483 to €6,640
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 | €92,219 | €126,368 | +€34,149 | +37.0% |
| Fixed assets | 21/28 | €12,882 | €22,021 | +€9,139 | +70.9% |
| Tangible fixed assets | 22/27 | €12,882 | €22,021 | +€9,139 | +70.9% |
| Furniture and vehicles | 24 | €12,882 | €22,021 | +€9,139 | +70.9% |
| Current assets | 29/58 | €79,337 | €104,347 | +€25,010 | +31.5% |
| Amounts receivable within one year | 40/41 | €30,963 | €31,966 | +€1,003 | +3.2% |
| Trade receivables | 40 | €30,963 | €31,966 | +€1,003 | +3.2% |
| Cash at bank and in hand | 54/58 | €41,605 | €68,107 | +€26,503 | +63.7% |
| Deferred charges and accrued income | 490/1 | €6,769 | €4,273 | -€2,496 | -36.9% |
| Total equity and liabilities | 10/49 | €92,219 | €126,368 | +€34,149 | +37.0% |
| Equity | 10/15 | €23,657 | €17,582 | -€6,076 | -25.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €21,657 | €21,657 | = | 0.0% |
| Distributable reserves | 133 | €21,657 | €21,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€6,076 | -€6,076 | |
| Amounts payable | 17/49 | €68,562 | €108,786 | +€40,225 | +58.7% |
| Amounts payable within one year | 42/48 | €68,562 | €108,786 | +€40,225 | +58.7% |
| Trade debts | 44 | €7,819 | €752 | -€7,067 | -90.4% |
| Suppliers | 440/4 | €7,819 | €752 | -€7,067 | -90.4% |
| Taxes, remuneration and social security | 45 | €17,853 | €16,086 | -€1,767 | -9.9% |
| Taxes | 450/3 | €16,003 | €16,086 | +€83 | +0.5% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Other amounts payable | 47/48 | €42,890 | €91,948 | +€49,058 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,483 | €6,640 | +€3,157 | +90.6% |
| Gross operating margin | 9900 | €53,992 | €125,335 | +€71,343 | +132% |
| Operating profit (loss) | 9901 | €50,509 | €118,695 | +€68,186 | +135% |
| Financial income | 75/76B | €0 | €1 | +€1 | +471% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +471% |
| Financial charges | 65/66B | €2,547 | €2,185 | -€362 | -14.2% |
| Recurring financial charges | 65 | €2,547 | €2,185 | -€362 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | €47,962 | €116,512 | +€68,549 | +143% |
| Income taxes | 67/77 | €12,751 | €27,587 | +€14,836 | +116% |
| Profit (loss) for the period | 9904 | €35,211 | €88,924 | +€53,713 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €35,211 | €88,924 | +€53,713 | +153% |
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 15 October 2026 via checked.be.