TECH CONSULTING: 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.
TECH CONSULTING
Largest movements
- Cash +€21,782
up €21,782 (+86.4%), from €25,211 to €46,993
mainly Net result for the year (+€48,734) and Depreciation (+€9,444)
- Tangible fixed assets -€8,153
down €8,153 (-6.1%), from €134,046 to €125,893
of which Land and buildings: -€9,253
- Profit (loss) carried forward +€48,734
up €48,734 (+79.3%), from €61,446 to €110,180
- Accrued charges and deferred income -€18,747
no longer reported in 2025 (was €18,747)
- Debts after one year -€11,448
no longer reported in 2025 (was €11,448)
- Current portion of long-term debt -€11,281
down €11,281 (-49.6%), from €22,729 to €11,448
- Trade debts +€4,690
up €4,690 (+689.7%), from €680 to €5,370
- Gross operating margin +€33,424
up €33,424 (+71.7%), from €46,610 to €80,034
- Taxes +€5,431
up €5,431 (+66.2%), from €8,199 to €13,630
- Other operating charges +€3,655
up €3,655 (+122.2%), from €2,991 to €6,646
- Depreciation -€1,570
down €1,570 (-14.3%), from €11,014 to €9,444
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 | €177,860 | €193,199 | +€15,339 | +8.6% |
| Fixed assets | 21/28 | €134,046 | €125,893 | -€8,153 | -6.1% |
| Tangible fixed assets | 22/27 | €134,046 | €125,893 | -€8,153 | -6.1% |
| Land and buildings | 22 | €133,833 | €124,580 | -€9,253 | -6.9% |
| Furniture and vehicles | 24 | €213 | €1,313 | +€1,100 | +516.4% |
| Current assets | 29/58 | €43,814 | €67,306 | +€23,492 | +53.6% |
| Amounts receivable within one year | 40/41 | €15,299 | €15,299 | = | 0.0% |
| Trade receivables | 40 | €15,275 | €15,275 | = | 0.0% |
| Other amounts receivable | 41 | €24 | €24 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,211 | €46,993 | +€21,782 | +86.4% |
| Deferred charges and accrued income | 490/1 | €3,304 | €5,014 | +€1,710 | +51.8% |
| Total equity and liabilities | 10/49 | €177,860 | €193,199 | +€15,339 | +8.6% |
| Equity | 10/15 | €75,706 | €124,440 | +€48,734 | +64.4% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,446 | €110,180 | +€48,734 | +79.3% |
| Amounts payable | 17/49 | €102,154 | €68,759 | -€33,395 | -32.7% |
| Amounts payable after more than one year | 17 | €11,448 | - | -€11,448 | |
| Financial debts | 170/4 | €11,448 | - | -€11,448 | |
| Amounts payable within one year | 42/48 | €71,959 | €68,759 | -€3,200 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €22,729 | €11,448 | -€11,281 | -49.6% |
| Trade debts | 44 | €680 | €5,370 | +€4,690 | +689.7% |
| Suppliers | 440/4 | €680 | €5,370 | +€4,690 | +689.7% |
| Taxes, remuneration and social security | 45 | €26,131 | €28,287 | +€2,156 | +8.3% |
| Taxes | 450/3 | €26,131 | €28,287 | +€2,156 | +8.3% |
| Other amounts payable | 47/48 | €22,419 | €23,654 | +€1,235 | +5.5% |
| Accrued charges and deferred income | 492/3 | €18,747 | - | -€18,747 | |
| Non-recurring operating income | 76A | - | €15,487 | +€15,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,014 | €9,444 | -€1,570 | -14.3% |
| Other operating charges | 640/8 | €2,991 | €6,646 | +€3,655 | +122.2% |
| Non-recurring operating charges | 66A | €735 | €841 | +€106 | +14.4% |
| Gross operating margin | 9900 | €46,610 | €80,034 | +€33,424 | +71.7% |
| Operating profit (loss) | 9901 | €31,870 | €63,103 | +€31,233 | +98.0% |
| Financial charges | 65/66B | €710 | €739 | +€29 | +4.1% |
| Recurring financial charges | 65 | €710 | €739 | +€29 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €31,160 | €62,364 | +€31,204 | +100.1% |
| Income taxes | 67/77 | €8,199 | €13,630 | +€5,431 | +66.2% |
| Profit (loss) for the period | 9904 | €22,961 | €48,734 | +€25,773 | +112.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,961 | €48,734 | +€25,773 | +112.2% |
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 9 October 2026 via checked.be.