NEW TECHNOLOGY BUILDING: 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.
NEW TECHNOLOGY BUILDING
Largest movements
- Tangible fixed assets -€19,646
down €19,646 (-11.8%), from €166,690 to €147,044
of which Land and buildings: -€17,164
- Receivables within one year -€4,087
down €4,087 (-4.3%), from €94,873 to €90,786
of which Trade receivables: -€8,174
- Cash -€3,837
down €3,837 (-5.8%), from €66,380 to €62,543
mainly Net result for the year (-€52,688) and Debts after one year (-€12,820)
- Profit (loss) carried forward -€52,688
down €52,688 (-28.3%), from -€186,083 to -€238,771
- Other debts +€36,562
up €36,562 (+26.8%), from €136,305 to €172,868
- Debts after one year -€12,820
down €12,820 (-12.9%), from €99,723 to €86,903
- Trade debts -€7,231
down €7,231 (-18.0%), from €40,114 to €32,883
- Tax, wage and social debts +€6,577
up €6,577 (+104%), from €6,333 to €12,910
- Financial income -€37,062
down €37,062 (-99.1%), from €37,385 to €322
- Gross operating margin +€32,072
up €32,072, from -€11,199 to €20,873
- Financial charges -€1,892
down €1,892 (-24.0%), from €7,894 to €6,002
- Write-downs -€968
no longer reported in 2025 (was €968)
- Other operating charges +€217
up €217 (+6.3%), from €3,477 to €3,694
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 | €356,139 | €325,276 | -€30,863 | -8.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €166,690 | €147,044 | -€19,646 | -11.8% |
| Tangible fixed assets | 22/27 | €166,690 | €147,044 | -€19,646 | -11.8% |
| Land and buildings | 22 | €161,457 | €144,292 | -€17,164 | -10.6% |
| Plant, machinery and equipment | 23 | €740 | €552 | -€189 | -25.5% |
| Furniture and vehicles | 24 | €4,493 | €2,200 | -€2,293 | -51.0% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €189,449 | €178,232 | -€11,217 | -5.9% |
| Stocks and contracts in progress | 3 | €28,196 | €24,903 | -€3,294 | -11.7% |
| Stocks | 30/36 | €28,196 | €24,903 | -€3,294 | -11.7% |
| Amounts receivable within one year | 40/41 | €94,873 | €90,786 | -€4,087 | -4.3% |
| Trade receivables | 40 | €90,755 | €82,581 | -€8,174 | -9.0% |
| Other amounts receivable | 41 | €4,118 | €8,205 | +€4,088 | +99.3% |
| Cash at bank and in hand | 54/58 | €66,380 | €62,543 | -€3,837 | -5.8% |
| Total equity and liabilities | 10/49 | €356,139 | €325,276 | -€30,863 | -8.7% |
| Equity | 10/15 | -€27,679 | -€80,366 | -€52,688 | -190% |
| Contributions | 10/11 | €138,600 | €138,600 | = | 0.0% |
| Reserves | 13 | €19,805 | €19,805 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,860 | €13,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,860 | €13,860 | = | 0.0% |
| Distributable reserves | 133 | €5,945 | €5,945 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,083 | -€238,771 | -€52,688 | -28.3% |
| Amounts payable | 17/49 | €383,818 | €405,642 | +€21,825 | +5.7% |
| Amounts payable after more than one year | 17 | €99,723 | €86,903 | -€12,820 | -12.9% |
| Financial debts | 170/4 | €99,723 | €86,903 | -€12,820 | -12.9% |
| Amounts payable within one year | 42/48 | €282,550 | €318,740 | +€36,189 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €12,539 | €12,820 | +€281 | +2.2% |
| Financial debts | 43 | €87,259 | €87,259 | = | 0.0% |
| Credit institutions | 430/8 | €87,259 | €87,259 | = | 0.0% |
| Trade debts | 44 | €40,114 | €32,883 | -€7,231 | -18.0% |
| Suppliers | 440/4 | €40,114 | €32,883 | -€7,231 | -18.0% |
| Taxes, remuneration and social security | 45 | €6,333 | €12,910 | +€6,577 | +104% |
| Taxes | 450/3 | €6,333 | €12,910 | +€6,577 | +104% |
| Other amounts payable | 47/48 | €136,305 | €172,868 | +€36,562 | +26.8% |
| Accrued charges and deferred income | 492/3 | €1,544 | - | -€1,544 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,937 | €20,058 | +€122 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €968 | - | -€968 | |
| Other operating charges | 640/8 | €3,477 | €3,694 | +€217 | +6.3% |
| Non-recurring operating charges | 66A | - | €43,981 | +€43,981 | |
| Gross operating margin | 9900 | -€11,199 | €20,873 | +€32,072 | |
| Operating profit (loss) | 9901 | -€35,580 | -€46,860 | -€11,279 | -31.7% |
| Financial income | 75/76B | €37,385 | €322 | -€37,062 | -99.1% |
| Recurring financial income | 75 | €37,385 | €322 | -€37,062 | -99.1% |
| Financial charges | 65/66B | €7,894 | €6,002 | -€1,892 | -24.0% |
| Recurring financial charges | 65 | €7,894 | €6,002 | -€1,892 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,090 | -€52,540 | -€46,449 | -763% |
| Income taxes | 67/77 | €346 | €148 | -€198 | -57.2% |
| Profit (loss) for the period | 9904 | -€6,436 | -€52,688 | -€46,251 | -719% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,436 | -€52,688 | -€46,251 | -719% |
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 18 October 2026 via checked.be.