SALES AND TECHNICAL INTELLIGENCE: 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.
SALES AND TECHNICAL INTELLIGENCE
Largest movements
- Receivables within one year +€6,150
up €6,150 (+1,467%), from €419 to €6,570
of which Other amounts receivable: +€6,150
- Intangible fixed assets -€4,000
down €4,000 (-17.4%), from €23,014 to €19,014
- Tangible fixed assets +€3,262
up €3,262 (+4.7%), from €68,965 to €72,227
of which Furniture and vehicles: +€18,268
- Reserves +€8,460
up €8,460 (+14.7%), from €57,713 to €66,173
- Debts after one year -€6,000
down €6,000 (-66.7%), from €9,000 to €3,000
- Trade debts +€2,445
up €2,445 (+55.0%), from €4,443 to €6,888
- Gross operating margin -€10,554
down €10,554 (-16.0%), from €65,957 to €55,403
- Depreciation +€1,843
up €1,843 (+8.5%), from €21,575 to €23,418
- Financial charges -€1,837
down €1,837 (-32.4%), from €5,668 to €3,831
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,581 | €104,947 | +€5,366 | +5.4% |
| Fixed assets | 21/28 | €91,979 | €91,241 | -€738 | -0.8% |
| Intangible fixed assets | 21 | €23,014 | €19,014 | -€4,000 | -17.4% |
| Tangible fixed assets | 22/27 | €68,965 | €72,227 | +€3,262 | +4.7% |
| Land and buildings | 22 | €9,635 | €7,944 | -€1,690 | -17.5% |
| Plant, machinery and equipment | 23 | €57,653 | €44,338 | -€13,315 | -23.1% |
| Furniture and vehicles | 24 | €1,677 | €19,945 | +€18,268 | +1,089% |
| Current assets | 29/58 | €7,602 | €13,706 | +€6,104 | +80.3% |
| Stocks and contracts in progress | 3 | €607 | €709 | +€102 | +16.8% |
| Stocks | 30/36 | €607 | €709 | +€102 | +16.8% |
| Amounts receivable within one year | 40/41 | €419 | €6,570 | +€6,150 | +1,467% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €419 | €6,570 | +€6,150 | +1,467% |
| Cash at bank and in hand | 54/58 | €1,943 | €1,579 | -€364 | -18.7% |
| Deferred charges and accrued income | 490/1 | €4,633 | €4,849 | +€216 | +4.7% |
| Total equity and liabilities | 10/49 | €99,581 | €104,947 | +€5,366 | +5.4% |
| Equity | 10/15 | €76,313 | €84,773 | +€8,460 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,713 | €66,173 | +€8,460 | +14.7% |
| Distributable reserves | 133 | €57,713 | €66,173 | +€8,460 | +14.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €23,268 | €20,174 | -€3,093 | -13.3% |
| Amounts payable after more than one year | 17 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Other amounts payable | 178/9 | €9,000 | €3,000 | -€6,000 | -66.7% |
| Amounts payable within one year | 42/48 | €14,268 | €17,174 | +€2,907 | +20.4% |
| Financial debts | 43 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Credit institutions | 430/8 | €9,000 | €10,000 | +€1,000 | +11.1% |
| Trade debts | 44 | €4,443 | €6,888 | +€2,445 | +55.0% |
| Suppliers | 440/4 | €4,443 | €6,888 | +€2,445 | +55.0% |
| Advances received on contracts in progress | 46 | - | €266 | +€266 | |
| Taxes, remuneration and social security | 45 | €824 | €20 | -€804 | -97.5% |
| Taxes | 450/3 | €824 | €20 | -€804 | -97.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,575 | €23,418 | +€1,843 | +8.5% |
| Other operating charges | 640/8 | €2,655 | €3,257 | +€602 | +22.7% |
| Gross operating margin | 9900 | €65,957 | €55,403 | -€10,554 | -16.0% |
| Operating profit (loss) | 9901 | €41,728 | €28,728 | -€12,999 | -31.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,668 | €3,831 | -€1,837 | -32.4% |
| Recurring financial charges | 65 | €5,668 | €3,831 | -€1,837 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €36,059 | €24,898 | -€11,161 | -31.0% |
| Income taxes | 67/77 | €2,495 | €2,610 | +€115 | +4.6% |
| Profit (loss) for the period | 9904 | €33,565 | €22,288 | -€11,276 | -33.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,565 | €22,288 | -€11,276 | -33.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.