Technic Solutions: 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.
Technic Solutions
Largest movements
- Tangible fixed assets +€326,087
up €326,087 (+11410.4%), from €2,858 to €328,945
of which Land and buildings: +€317,042
- Stocks and contracts +€25,454
up €25,454 (+23.2%), from €109,534 to €134,988
of which Contracts in progress: +€22,460
- Receivables within one year +€7,964
up €7,964 (+52.3%), from €15,219 to €23,183
of which Other amounts receivable: +€11,627
- Cash -€7,214
down €7,214 (-23.2%), from €31,042 to €23,828
mainly Investment in fixed assets (net) (-€335,132) and Stocks and contracts (-€25,454)
- Debts after one year +€240,646
new in 2025: €240,646
- Reserves +€80,000
up €80,000 (+69.2%), from €115,560 to €195,560
- Other debts +€14,307
up €14,307 (+63.4%), from €22,583 to €36,891
- Current portion of long-term debt +€13,757
new in 2025: €13,757
- Tax, wage and social debts +€7,437
up €7,437 (+66.0%), from €11,276 to €18,713
- Gross operating margin -€23,518
down €23,518 (-16.8%), from €140,319 to €116,802
- Taxes -€23,112
down €23,112 (-54.7%), from €42,276 to €19,164
- Depreciation +€8,308
up €8,308 (+1127.6%), from €737 to €9,045
- Financial charges -€1,745
down €1,745 (-19.7%), from €8,839 to €7,095
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 | €158,802 | €511,269 | +€352,467 | +222.0% |
| Fixed assets | 21/28 | €2,858 | €328,945 | +€326,087 | +11410.4% |
| Tangible fixed assets | 22/27 | €2,858 | €328,945 | +€326,087 | +11410.4% |
| Land and buildings | 22 | - | €317,042 | +€317,042 | |
| Plant, machinery and equipment | 23 | - | €8,302 | +€8,302 | |
| Furniture and vehicles | 24 | €2,858 | €3,602 | +€744 | +26.0% |
| Current assets | 29/58 | €155,944 | €182,324 | +€26,379 | +16.9% |
| Stocks and contracts in progress | 3 | €109,534 | €134,988 | +€25,454 | +23.2% |
| Stocks | 30/36 | €67,692 | €70,686 | +€2,994 | +4.4% |
| Contracts in progress | 37 | €41,843 | €64,302 | +€22,460 | +53.7% |
| Amounts receivable within one year | 40/41 | €15,219 | €23,183 | +€7,964 | +52.3% |
| Trade receivables | 40 | €6,794 | €3,131 | -€3,663 | -53.9% |
| Other amounts receivable | 41 | €8,425 | €20,052 | +€11,627 | +138.0% |
| Cash at bank and in hand | 54/58 | €31,042 | €23,828 | -€7,214 | -23.2% |
| Deferred charges and accrued income | 490/1 | €149 | €324 | +€175 | +117.9% |
| Total equity and liabilities | 10/49 | €158,802 | €511,269 | +€352,467 | +222.0% |
| Equity | 10/15 | €118,104 | €199,705 | +€81,600 | +69.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €115,560 | €195,560 | +€80,000 | +69.2% |
| Distributable reserves | 133 | €115,560 | €195,560 | +€80,000 | +69.2% |
| Profit (loss) carried forward | 14 | €44 | €1,645 | +€1,600 | +3598.1% |
| Amounts payable | 17/49 | €40,697 | €311,564 | +€270,866 | +665.6% |
| Amounts payable after more than one year | 17 | - | €240,646 | +€240,646 | |
| Financial debts | 170/4 | - | €240,646 | +€240,646 | |
| Amounts payable within one year | 42/48 | €36,466 | €70,918 | +€34,452 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,757 | +€13,757 | |
| Trade debts | 44 | €2,607 | €1,558 | -€1,049 | -40.2% |
| Suppliers | 440/4 | €2,607 | €1,558 | -€1,049 | -40.2% |
| Taxes, remuneration and social security | 45 | €11,276 | €18,713 | +€7,437 | +66.0% |
| Taxes | 450/3 | €11,276 | €18,713 | +€7,437 | +66.0% |
| Other amounts payable | 47/48 | €22,583 | €36,891 | +€14,307 | +63.4% |
| Accrued charges and deferred income | 492/3 | €4,231 | - | -€4,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €737 | €9,045 | +€8,308 | +1127.6% |
| Other operating charges | 640/8 | €632 | €617 | -€15 | -2.3% |
| Gross operating margin | 9900 | €140,319 | €116,802 | -€23,518 | -16.8% |
| Operating profit (loss) | 9901 | €138,951 | €107,139 | -€31,811 | -22.9% |
| Financial income | 75/76B | €683 | €719 | +€36 | +5.3% |
| Recurring financial income | 75 | €683 | €719 | +€36 | +5.3% |
| Financial charges | 65/66B | €8,839 | €7,095 | -€1,745 | -19.7% |
| Recurring financial charges | 65 | €8,839 | €7,095 | -€1,745 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €130,794 | €100,764 | -€30,030 | -23.0% |
| Income taxes | 67/77 | €42,276 | €19,164 | -€23,112 | -54.7% |
| Profit (loss) for the period | 9904 | €88,518 | €81,600 | -€6,918 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €88,518 | €81,600 | -€6,918 | -7.8% |
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 10 October 2026 via checked.be.