TECH-SERVICE: what changed
Two fiscal 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 -€39,089
down €39,089 (-55.5%), from €70,456 to €31,367
of which Trade receivables: -€39,089
- Tangible fixed assets -€8,377
down €8,377 (-51.7%), from €16,215 to €7,838
of which Plant, machinery and equipment: -€5,860
- Deferred charges and accrued income +€1,229
new in 2024: €1,229
- Cash -€1,030
down €1,030 (-52.9%), from €1,948 to €918
mainly Net result for the year (-€30,418) and Tax, wage and social debts (-€18,778)
- Profit (loss) carried forward -€30,418
down €30,418, from €25,058 to -€5,360
- Tax, wage and social debts -€18,778
down €18,778 (-72.6%), from €25,860 to €7,082
of which Taxes: -€12,681
- Trade debts +€2,757
up €2,757 (+17.0%), from €16,187 to €18,944
- Turnover -€131,840
down €131,840 (-50.9%), from €258,780 to €126,940
- Purchases and services -€77,247
down €77,247 (-33.9%), from €227,711 to €150,463
- Gross operating margin -€55,213
down €55,213, from €38,636 to -€16,577
- Taxes -€5,338
down €5,338 (-100.0%), from €5,338 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,029 | €44,762 | -€47,268 | -51.4% |
| Fixed assets | 21/28 | €19,625 | €11,248 | -€8,377 | -42.7% |
| Tangible fixed assets | 22/27 | €16,215 | €7,838 | -€8,377 | -51.7% |
| Plant, machinery and equipment | 23 | €11,074 | €5,214 | -€5,860 | -52.9% |
| Furniture and vehicles | 24 | €5,141 | €2,623 | -€2,517 | -49.0% |
| Financial fixed assets | 28 | €3,410 | €3,410 | = | 0.0% |
| Current assets | 29/58 | €72,405 | €33,514 | -€38,890 | -53.7% |
| Amounts receivable within one year | 40/41 | €70,456 | €31,367 | -€39,089 | -55.5% |
| Trade receivables | 40 | €69,456 | €30,367 | -€39,089 | -56.3% |
| Other amounts receivable | 41 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,948 | €918 | -€1,030 | -52.9% |
| Deferred charges and accrued income | 490/1 | - | €1,229 | +€1,229 | |
| Total equity and liabilities | 10/49 | €92,029 | €44,762 | -€47,268 | -51.4% |
| Equity | 10/15 | €47,430 | €17,013 | -€30,418 | -64.1% |
| Contributions | 10/11 | €19,373 | €19,373 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Other | 1319 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,058 | -€5,360 | -€30,418 | |
| Amounts payable | 17/49 | €44,599 | €27,749 | -€16,850 | -37.8% |
| Amounts payable within one year | 42/48 | €44,599 | €27,749 | -€16,850 | -37.8% |
| Trade debts | 44 | €16,187 | €18,944 | +€2,757 | +17.0% |
| Suppliers | 440/4 | €16,187 | €18,944 | +€2,757 | +17.0% |
| Taxes, remuneration and social security | 45 | €25,860 | €7,082 | -€18,778 | -72.6% |
| Taxes | 450/3 | €18,978 | €6,297 | -€12,681 | -66.8% |
| Remuneration and social security | 454/9 | €6,882 | €785 | -€6,097 | -88.6% |
| Other amounts payable | 47/48 | €2,552 | €1,723 | -€829 | -32.5% |
| Turnover | 70 | €258,780 | €126,940 | -€131,840 | -50.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €227,711 | €150,463 | -€77,247 | -33.9% |
| Remuneration, social security and pensions | 62 | €2,568 | - | -€2,568 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,656 | €12,312 | +€656 | +5.6% |
| Other operating charges | 640/8 | €2,959 | €1,348 | -€1,611 | -54.5% |
| Gross operating margin | 9900 | €38,636 | -€16,577 | -€55,213 | |
| Operating profit (loss) | 9901 | €21,453 | -€30,237 | -€51,690 | |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €440 | €200 | -€240 | -54.6% |
| Recurring financial charges | 65 | €440 | €200 | -€240 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €21,013 | -€30,418 | -€51,431 | |
| Income taxes | 67/77 | €5,338 | €0 | -€5,338 | -100.0% |
| Profit (loss) for the period | 9904 | €15,675 | -€30,418 | -€46,093 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,675 | -€30,418 | -€46,093 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.