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TECHNICAL ASSISTANCE: 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

TECHNICAL ASSISTANCE

BE 0477.280.580
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€14,047
2024 · €8,576+€5,472
Equity
€69,758
2024 · €82,711-€12,953
Cash
€81,358
2024 · €57,615+€23,743
Balance sheet total
€128,237
2024 · €115,403+€12,834

Largest movements

2024 to 2025
Assets
  • Cash +€23,743

    up €23,743 (+41.2%), from €57,615 to €81,358

    mainly Other debts (+€29,803) and Depreciation (+€15,527)

  • Tangible fixed assets -€15,527

    down €15,527 (-27.4%), from €56,671 to €41,144

    of which Furniture and vehicles: -€10,756

  • Receivables within one year +€4,618

    up €4,618 (+433.9%), from €1,064 to €5,683

    of which Trade receivables: +€4,619

Equity and liabilities
  • Other debts +€29,803

    up €29,803 (+263.9%), from €11,294 to €41,097

  • Reserves -€13,000

    down €13,000 (-22.0%), from €59,000 to €46,000

    of which Distributable reserves: -€13,000

  • Debts after one year -€5,316

    no longer reported in 2025 (was €5,316)

Income statement
  • Gross operating margin +€7,093

    up €7,093 (+22.3%), from €31,865 to €38,958

  • Taxes +€2,921

    up €2,921 (+65.3%), from €4,471 to €7,393

  • Other operating charges -€1,101

    down €1,101 (-46.2%), from €2,382 to €1,281

From the 2024 result to the 2025 result

effect on the 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 €8,576
Gross operating margin +€7,093
Other operating charges +€1,101
Financial income +€106
Financial charges +€94
Taxes -€2,921
Result 2025 €14,047

Cash bridge derived

cash 2024 to 2025

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 +€55,842
Investment €0
Financing -€32,100
Cash 2024 €57,615
Net result for the year +€14,047
Depreciation +€15,527
Receivables within one year -€4,618
Trade debts +€358
Tax, wage and social debts +€725
Other debts +€29,803
Debts after one year -€5,316
Current portion of long-term debt +€217
Contributions, distributions and other -€27,000
Cash 2025 €81,358
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €115,403 €128,237 +€12,834 +11.1%
Fixed assets 21/28 €56,724 €41,196 -€15,527 -27.4%
Tangible fixed assets 22/27 €56,671 €41,144 -€15,527 -27.4%
Land and buildings 22 €14,146 €10,467 -€3,680 -26.0%
Furniture and vehicles 24 €33,851 €23,095 -€10,756 -31.8%
Other tangible fixed assets 26 €8,674 €7,582 -€1,091 -12.6%
Financial fixed assets 28 €53 €53 = 0.0%
Current assets 29/58 €58,679 €87,041 +€28,361 +48.3%
Amounts receivable within one year 40/41 €1,064 €5,683 +€4,618 +433.9%
Trade receivables 40 - €4,619 +€4,619
Other amounts receivable 41 €1,064 €1,064 -€0 0.0%
Cash at bank and in hand 54/58 €57,615 €81,358 +€23,743 +41.2%
Total equity and liabilities 10/49 €115,403 €128,237 +€12,834 +11.1%
Equity 10/15 €82,711 €69,758 -€12,953 -15.7%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €59,000 €46,000 -€13,000 -22.0%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Distributable reserves 133 €57,000 €44,000 -€13,000 -22.8%
Profit (loss) carried forward 14 €3,711 €3,758 +€47 +1.3%
Amounts payable 17/49 €32,692 €58,479 +€25,786 +78.9%
Amounts payable after more than one year 17 €5,316 - -€5,316
Financial debts 170/4 €5,316 - -€5,316
Amounts payable within one year 42/48 €27,376 €58,479 +€31,103 +113.6%
Current portion of amounts payable after more than one year 42 €5,113 €5,329 +€217 +4.2%
Trade debts 44 €3,620 €3,978 +€358 +9.9%
Suppliers 440/4 €3,620 €3,978 +€358 +9.9%
Taxes, remuneration and social security 45 €7,350 €8,074 +€725 +9.9%
Taxes 450/3 €7,350 €8,074 +€725 +9.9%
Other amounts payable 47/48 €11,294 €41,097 +€29,803 +263.9%
Non-recurring operating income 76A €4,000 - -€4,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,527 €15,527 = 0.0%
Other operating charges 640/8 €2,382 €1,281 -€1,101 -46.2%
Gross operating margin 9900 €31,865 €38,958 +€7,093 +22.3%
Operating profit (loss) 9901 €13,956 €22,149 +€8,193 +58.7%
Financial income 75/76B €48 €154 +€106 +218.7%
Recurring financial income 75 €48 €154 +€106 +218.7%
Financial charges 65/66B €957 €863 -€94 -9.8%
Recurring financial charges 65 €957 €863 -€94 -9.8%
Profit (loss) for the period before taxes 9903 €13,047 €21,440 +€8,393 +64.3%
Income taxes 67/77 €4,471 €7,393 +€2,921 +65.3%
Profit (loss) for the period 9904 €8,576 €14,047 +€5,472 +63.8%
Profit (loss) for the period to be appropriated 9905 €8,576 €14,047 +€5,472 +63.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.