PDF 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.
PDF Technics
Largest movements
- Tangible fixed assets -€17,366
down €17,366 (-27.5%), from €63,064 to €45,697
of which Furniture and vehicles: -€17,004
- Cash +€3,162
up €3,162 (+17.6%), from €18,002 to €21,164
mainly Depreciation (+€18,785) and Net result for the year (+€6,146)
- Debts after one year -€11,385
down €11,385 (-34.0%), from €33,448 to €22,064
- Trade debts -€10,923
down €10,923 (-73.0%), from €14,969 to €4,046
- Reserves +€6,000
up €6,000 (+33.3%), from €18,000 to €24,000
- Other debts +€4,617
up €4,617, from €0 to €4,617
- Current portion of long-term debt -€3,824
down €3,824 (-25.2%), from €15,202 to €11,379
- Gross operating margin +€5,351
up €5,351 (+20.3%), from €26,370 to €31,721
- Taxes +€1,250
up €1,250 (+111%), from €1,121 to €2,371
- Financial charges -€464
down €464 (-17.4%), from €2,660 to €2,196
- Other operating charges +€356
up €356 (+19.1%), from €1,867 to €2,223
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 | €96,302 | €82,560 | -€13,742 | -14.3% |
| Fixed assets | 21/28 | €63,064 | €45,697 | -€17,366 | -27.5% |
| Tangible fixed assets | 22/27 | €63,064 | €45,697 | -€17,366 | -27.5% |
| Furniture and vehicles | 24 | €61,539 | €44,534 | -€17,004 | -27.6% |
| Other tangible fixed assets | 26 | €1,525 | €1,163 | -€362 | -23.7% |
| Current assets | 29/58 | €33,238 | €36,863 | +€3,625 | +10.9% |
| Amounts receivable within one year | 40/41 | €236 | €699 | +€463 | +196% |
| Trade receivables | 40 | €0 | €699 | +€699 | |
| Other amounts receivable | 41 | €236 | €0 | -€236 | -100% |
| Cash at bank and in hand | 54/58 | €18,002 | €21,164 | +€3,162 | +17.6% |
| Deferred charges and accrued income | 490/1 | €15,000 | €15,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €96,302 | €82,560 | -€13,742 | -14.3% |
| Equity | 10/15 | €22,244 | €28,389 | +€6,146 | +27.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €18,000 | €24,000 | +€6,000 | +33.3% |
| Distributable reserves | 133 | €18,000 | €24,000 | +€6,000 | +33.3% |
| Profit (loss) carried forward | 14 | €244 | €389 | +€146 | +59.8% |
| Amounts payable | 17/49 | €74,058 | €54,171 | -€19,887 | -26.9% |
| Amounts payable after more than one year | 17 | €33,448 | €22,064 | -€11,385 | -34.0% |
| Financial debts | 170/4 | €33,448 | €22,064 | -€11,385 | -34.0% |
| Amounts payable within one year | 42/48 | €40,610 | €32,107 | -€8,503 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €15,202 | €11,379 | -€3,824 | -25.2% |
| Trade debts | 44 | €14,969 | €4,046 | -€10,923 | -73.0% |
| Suppliers | 440/4 | €14,969 | €4,046 | -€10,923 | -73.0% |
| Taxes, remuneration and social security | 45 | €10,439 | €12,065 | +€1,627 | +15.6% |
| Taxes | 450/3 | €7,589 | €9,215 | +€1,627 | +21.4% |
| Remuneration and social security | 454/9 | €2,850 | €2,850 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | €4,617 | +€4,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,511 | €18,785 | +€274 | +1.5% |
| Other operating charges | 640/8 | €1,867 | €2,223 | +€356 | +19.1% |
| Gross operating margin | 9900 | €26,370 | €31,721 | +€5,351 | +20.3% |
| Operating profit (loss) | 9901 | €5,992 | €10,713 | +€4,721 | +78.8% |
| Financial charges | 65/66B | €2,660 | €2,196 | -€464 | -17.4% |
| Recurring financial charges | 65 | €2,660 | €2,196 | -€464 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €3,331 | €8,517 | +€5,185 | +156% |
| Income taxes | 67/77 | €1,121 | €2,371 | +€1,250 | +111% |
| Profit (loss) for the period | 9904 | €2,210 | €6,146 | +€3,936 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €2,210 | €6,146 | +€3,936 | +178% |
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 13 October 2026 via checked.be.