OIL-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.
OIL-TECH
Largest movements
- Receivables within one year +€22,287
up €22,287 (+16.0%), from €139,390 to €161,677
of which Trade receivables: +€26,470
- Tangible fixed assets -€13,079
down €13,079 (-33.7%), from €38,799 to €25,720
of which Furniture and vehicles: -€7,257
- Cash -€9,646
down €9,646 (-41.6%), from €23,168 to €13,522
mainly Receivables within one year (-€22,287) and Tax, wage and social debts (-€17,413)
- Tax, wage and social debts -€17,413
down €17,413 (-91.3%), from €19,081 to €1,668
- Advances received +€9,660
new in 2025: €9,660
- Trade debts +€7,320
up €7,320 (+6.7%), from €109,763 to €117,083
- Gross operating margin -€8,769
down €8,769 (-45.7%), from €19,182 to €10,413
- Taxes -€3,989
down €3,989 (-70.5%), from €5,657 to €1,668
- Depreciation +€1,107
up €1,107 (+18.0%), from €6,151 to €7,257
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 | €204,957 | €205,483 | +€526 | +0.3% |
| Fixed assets | 21/28 | €38,799 | €25,720 | -€13,079 | -33.7% |
| Tangible fixed assets | 22/27 | €38,799 | €25,720 | -€13,079 | -33.7% |
| Plant, machinery and equipment | 23 | €5,821 | - | -€5,821 | |
| Furniture and vehicles | 24 | €10,098 | €2,841 | -€7,257 | -71.9% |
| Other tangible fixed assets | 26 | €22,879 | €22,879 | = | 0.0% |
| Current assets | 29/58 | €166,158 | €179,763 | +€13,605 | +8.2% |
| Amounts receivable within one year | 40/41 | €139,390 | €161,677 | +€22,287 | +16.0% |
| Trade receivables | 40 | €93,975 | €120,445 | +€26,470 | +28.2% |
| Other amounts receivable | 41 | €45,415 | €41,232 | -€4,184 | -9.2% |
| Cash at bank and in hand | 54/58 | €23,168 | €13,522 | -€9,646 | -41.6% |
| Deferred charges and accrued income | 490/1 | €3,600 | €4,565 | +€965 | +26.8% |
| Total equity and liabilities | 10/49 | €204,957 | €205,483 | +€526 | +0.3% |
| Equity | 10/15 | €76,113 | €77,072 | +€959 | +1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €63,713 | €64,672 | +€959 | +1.5% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €61,213 | €62,172 | +€959 | +1.6% |
| Amounts payable | 17/49 | €128,844 | €128,411 | -€432 | -0.3% |
| Amounts payable within one year | 42/48 | €128,844 | €128,411 | -€432 | -0.3% |
| Trade debts | 44 | €109,763 | €117,083 | +€7,320 | +6.7% |
| Suppliers | 440/4 | €109,763 | €117,083 | +€7,320 | +6.7% |
| Advances received on contracts in progress | 46 | - | €9,660 | +€9,660 | |
| Taxes, remuneration and social security | 45 | €19,081 | €1,668 | -€17,413 | -91.3% |
| Taxes | 450/3 | €19,081 | €1,668 | -€17,413 | -91.3% |
| Non-recurring operating income | 76A | - | €4,179 | +€4,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,151 | €7,257 | +€1,107 | +18.0% |
| Other operating charges | 640/8 | €644 | €663 | +€20 | +3.0% |
| Gross operating margin | 9900 | €19,182 | €10,413 | -€8,769 | -45.7% |
| Operating profit (loss) | 9901 | €12,387 | €2,493 | -€9,895 | -79.9% |
| Financial income | 75/76B | €1,036 | €882 | -€155 | -14.9% |
| Recurring financial income | 75 | €1,036 | €882 | -€155 | -14.9% |
| Financial charges | 65/66B | €591 | €747 | +€157 | +26.5% |
| Recurring financial charges | 65 | €591 | €747 | +€157 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €12,833 | €2,627 | -€10,206 | -79.5% |
| Income taxes | 67/77 | €5,657 | €1,668 | -€3,989 | -70.5% |
| Profit (loss) for the period | 9904 | €7,176 | €959 | -€6,217 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,176 | €959 | -€6,217 | -86.6% |
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 10 October 2026 via checked.be.