TECH SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€11,648
up €11,648 (+27.7%), from €42,125 to €53,773
of which Trade receivables: +€10,560
- Cash +€5,889
up €5,889 (+71.0%), from €8,295 to €14,183
mainly Net result for the year (+€23,926) and Depreciation (+€3,302)
- Deferred charges and accrued income +€2,864
up €2,864 (+537%), from €533 to €3,397
- Reserves +€23,826
up €23,826 (+17.0%), from €139,796 to €163,623
of which Distributable reserves: +€23,826
- Trade debts -€4,904
down €4,904 (-17.9%), from €27,325 to €22,421
- Tax, wage and social debts +€3,005
up €3,005 (+64.5%), from €4,663 to €7,668
of which Taxes: +€5,005
- Gross operating margin +€11,096
up €11,096 (+44.3%), from €25,061 to €36,156
- Taxes +€3,491
up €3,491 (+68.2%), from €5,121 to €8,612
- Financial charges -€1,287
down €1,287 (-66.3%), from €1,943 to €656
- Depreciation +€1,093
up €1,093 (+49.5%), from €2,209 to €3,302
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 | €178,981 | €200,009 | +€21,028 | +11.7% |
| Fixed assets | 21/28 | €23,028 | €23,656 | +€628 | +2.7% |
| Tangible fixed assets | 22/27 | €19,978 | €20,606 | +€628 | +3.1% |
| Land and buildings | 22 | €13,662 | €15,618 | +€1,956 | +14.3% |
| Plant, machinery and equipment | 23 | - | €1,258 | +€1,258 | |
| Furniture and vehicles | 24 | €6,316 | €3,729 | -€2,587 | -41.0% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €155,953 | €176,353 | +€20,401 | +13.1% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,125 | €53,773 | +€11,648 | +27.7% |
| Trade receivables | 40 | €16,434 | €26,994 | +€10,560 | +64.3% |
| Other amounts receivable | 41 | €25,691 | €26,779 | +€1,088 | +4.2% |
| Cash at bank and in hand | 54/58 | €8,295 | €14,183 | +€5,889 | +71.0% |
| Deferred charges and accrued income | 490/1 | €533 | €3,397 | +€2,864 | +537% |
| Total equity and liabilities | 10/49 | €178,981 | €200,009 | +€21,028 | +11.7% |
| Equity | 10/15 | €145,994 | €169,820 | +€23,826 | +16.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €139,796 | €163,623 | +€23,826 | +17.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €137,937 | €161,763 | +€23,826 | +17.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €32,988 | €30,189 | -€2,798 | -8.5% |
| Amounts payable within one year | 42/48 | €31,988 | €30,189 | -€1,798 | -5.6% |
| Trade debts | 44 | €27,325 | €22,421 | -€4,904 | -17.9% |
| Suppliers | 440/4 | €27,325 | €22,421 | -€4,904 | -17.9% |
| Taxes, remuneration and social security | 45 | €4,663 | €7,668 | +€3,005 | +64.5% |
| Taxes | 450/3 | €663 | €5,668 | +€5,005 | +755% |
| Remuneration and social security | 454/9 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Other amounts payable | 47/48 | - | €100 | +€100 | |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100% |
| Remuneration, social security and pensions | 62 | €1,035 | €1,024 | -€11 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,209 | €3,302 | +€1,093 | +49.5% |
| Other operating charges | 640/8 | €1,081 | €1,335 | +€254 | +23.5% |
| Gross operating margin | 9900 | €25,061 | €36,156 | +€11,096 | +44.3% |
| Operating profit (loss) | 9901 | €20,736 | €30,496 | +€9,760 | +47.1% |
| Financial income | 75/76B | €2,408 | €2,699 | +€291 | +12.1% |
| Recurring financial income | 75 | €2,408 | €2,699 | +€291 | +12.1% |
| Financial charges | 65/66B | €1,943 | €656 | -€1,287 | -66.3% |
| Recurring financial charges | 65 | €1,943 | €656 | -€1,287 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €21,201 | €32,539 | +€11,338 | +53.5% |
| Income taxes | 67/77 | €5,121 | €8,612 | +€3,491 | +68.2% |
| Profit (loss) for the period | 9904 | €16,080 | €23,926 | +€7,847 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,080 | €23,926 | +€7,847 | +48.8% |
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.