TECH-SOLUTIONS: 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.
What changed
TECH-SOLUTIONS
NACE 33.150, Repair, maintenance and installation of machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€125,586
2024 · €961,372-€835,786
Equity
€860,012
2024 · €959,427-€99,414
Cash
€26,003
2024 · €127,144-€101,141
Balance sheet total
€4.8m
2024 · €4.1m+€681,489
Largest movements
Assets
- Stocks and contracts +€398,266
up €398,266 (+197.8%), from €201,335 to €599,601
- Receivables within one year +€221,840
up €221,840 (+10.2%), from €2.2m to €2.4m
of which Other amounts receivable: +€139,206
- Tangible fixed assets +€162,810
up €162,810 (+17.5%), from €930,141 to €1.1m
of which Leasing and similar rights: +€302,014
- Cash -€101,141
down €101,141 (-79.5%), from €127,144 to €26,003
mainly Investment in fixed assets (net) (-€713,693) and Other debts (-€680,000)
Equity and liabilities
- Other debts -€680,000
down €680,000 (-87.2%), from €780,000 to €100,000
- Debts after one year +€635,152
up €635,152 (+216.4%), from €293,545 to €928,697
- Short-term financial debts +€625,000
up €625,000 (+119.0%), from €525,000 to €1.2m
- Current portion of long-term debt +€426,217
up €426,217 (+149.4%), from €285,199 to €711,416
- Trade debts -€195,449
down €195,449 (-18.1%), from €1.1m to €883,584
Income statement
- Gross operating margin -€1.2m
down €1.2m (-33.5%), from €3.5m to €2.3m
- Staff costs -€400,134
down €400,134 (-20.7%), from €1.9m to €1.5m
- Depreciation +€105,897
up €105,897 (+23.8%), from €444,985 to €550,883
- Write-downs +€65,000
up €65,000, from -€65,000 to €0
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.
Result 2024
€961,372
Gross operating margin
-€1.2m
Staff costs
+€400,134
Depreciation
-€105,897
Write-downs
-€65,000
Other operating charges
+€30,240
Other operating items
+€4,574
Financial income
+€3,330
Financial charges
+€3,365
Taxes
+€32,225
Deferred taxes and other
+€33,004
Result 2025
€125,586
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.
From operations
-€848,817
Investment
-€713,693
Financing
+€1.5m
Cash 2024
€127,144
From operations (derived)
-€848,817
Net result for the year
+€125,586
Depreciation
+€550,883
Stocks and contracts
-€398,266
Receivables within one year
-€221,840
Deferred charges and accrued income
+€286
Provisions
+€10,445
Trade debts
-€195,449
Tax, wage and social debts
-€40,461
Other debts
-€680,000
Investment (derived)
-€713,693
Investment in fixed assets (net)
-€713,693
Financing
+€1.5m
Debts after one year
+€635,152
Current portion of long-term debt
+€426,217
Short-term financial debts
+€625,000
Contributions, distributions and other
-€225,000
Cash 2025
€26,003
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,144,908 | €4,826,397 | +€681,489 | +16.4% |
| Fixed assets | 21/28 | €930,141 | €1,092,951 | +€162,810 | +17.5% |
| Tangible fixed assets | 22/27 | €930,141 | €1,092,951 | +€162,810 | +17.5% |
| Land and buildings | 22 | €6,415 | €5,962 | -€453 | -7.1% |
| Plant, machinery and equipment | 23 | €453,425 | €325,799 | -€127,627 | -28.1% |
| Furniture and vehicles | 24 | €42,678 | €15,425 | -€27,253 | -63.9% |
| Leasing and similar rights | 25 | €421,198 | €723,212 | +€302,014 | +71.7% |
| Other tangible fixed assets | 26 | €6,424 | €22,553 | +€16,129 | +251.1% |
| Current assets | 29/58 | €3,214,767 | €3,733,446 | +€518,679 | +16.1% |
| Amounts receivable after more than one year | 29 | €664,300 | €664,300 | = | 0.0% |
| Other amounts receivable | 291 | €664,300 | €664,300 | = | 0.0% |
| Stocks and contracts in progress | 3 | €201,335 | €599,601 | +€398,266 | +197.8% |
| Stocks | 30/36 | €201,335 | €599,601 | +€398,266 | +197.8% |
| Amounts receivable within one year | 40/41 | €2,170,926 | €2,392,766 | +€221,840 | +10.2% |
| Trade receivables | 40 | €707,114 | €789,748 | +€82,634 | +11.7% |
| Other amounts receivable | 41 | €1,463,811 | €1,603,018 | +€139,206 | +9.5% |
| Cash at bank and in hand | 54/58 | €127,144 | €26,003 | -€101,141 | -79.5% |
| Deferred charges and accrued income | 490/1 | €51,062 | €50,776 | -€286 | -0.6% |
| Total equity and liabilities | 10/49 | €4,144,908 | €4,826,397 | +€681,489 | +16.4% |
| Equity | 10/15 | €959,427 | €860,012 | -€99,414 | -10.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €700,347 | €606,683 | -€93,664 | -13.4% |
| Tax-exempt reserves | 132 | €130,347 | €161,683 | +€31,336 | +24.0% |
| Distributable reserves | 133 | €570,000 | €445,000 | -€125,000 | -21.9% |
| Profit (loss) carried forward | 14 | €249,080 | €243,330 | -€5,750 | -2.3% |
| Provisions and deferred taxes | 16 | €43,449 | €53,894 | +€10,445 | +24.0% |
| Deferred taxes | 168 | €43,449 | €53,894 | +€10,445 | +24.0% |
| Amounts payable | 17/49 | €3,142,032 | €3,912,491 | +€770,459 | +24.5% |
| Amounts payable after more than one year | 17 | €293,545 | €928,697 | +€635,152 | +216.4% |
| Financial debts | 170/4 | €293,545 | €928,697 | +€635,152 | +216.4% |
| Amounts payable within one year | 42/48 | €2,848,487 | €2,983,794 | +€135,307 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €285,199 | €711,416 | +€426,217 | +149.4% |
| Financial debts | 43 | €525,000 | €1,150,000 | +€625,000 | +119.0% |
| Credit institutions | 430/8 | €525,000 | €1,150,000 | +€625,000 | +119.0% |
| Trade debts | 44 | €1,079,033 | €883,584 | -€195,449 | -18.1% |
| Suppliers | 440/4 | €1,079,033 | €883,584 | -€195,449 | -18.1% |
| Taxes, remuneration and social security | 45 | €179,254 | €138,793 | -€40,461 | -22.6% |
| Taxes | 450/3 | €7,607 | €1,504 | -€6,102 | -80.2% |
| Remuneration and social security | 454/9 | €171,647 | €137,289 | -€34,359 | -20.0% |
| Other amounts payable | 47/48 | €780,000 | €100,000 | -€680,000 | -87.2% |
| Non-recurring operating income | 76A | €235,096 | €134,721 | -€100,375 | -42.7% |
| Remuneration, social security and pensions | 62 | €1,929,506 | €1,529,372 | -€400,134 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444,985 | €550,883 | +€105,897 | +23.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€65,000 | €0 | +€65,000 | |
| Other operating charges | 640/8 | €36,881 | €6,642 | -€30,240 | -82.0% |
| Non-recurring operating charges | 66A | €4,574 | €0 | -€4,574 | -100.0% |
| Gross operating margin | 9900 | €3,501,053 | €2,329,293 | -€1.2m | -33.5% |
| Operating profit (loss) | 9901 | €1,150,107 | €242,397 | -€907,710 | -78.9% |
| Financial income | 75/76B | €6,591 | €9,921 | +€3,330 | +50.5% |
| Recurring financial income | 75 | €6,591 | €9,921 | +€3,330 | +50.5% |
| Financial charges | 65/66B | €119,222 | €115,857 | -€3,365 | -2.8% |
| Recurring financial charges | 65 | €119,222 | €115,857 | -€3,365 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €1,037,475 | €136,461 | -€901,015 | -86.8% |
| Transfer from deferred taxes | 780 | €12,801 | €15,999 | +€3,198 | +25.0% |
| Transfer to deferred taxes | 680 | €56,250 | €26,444 | -€29,806 | -53.0% |
| Income taxes | 67/77 | €32,655 | €430 | -€32,225 | -98.7% |
| Profit (loss) for the period | 9904 | €961,372 | €125,586 | -€835,786 | -86.9% |
| Transfer from tax-exempt reserves | 789 | €38,403 | €47,997 | +€9,594 | +25.0% |
| Transfer to tax-exempt reserves | 689 | €168,750 | €79,333 | -€89,417 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €831,024 | €94,250 | -€736,774 | -88.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.