Technical Consulting & Management: 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.
Technical Consulting & Management
Largest movements
- Cash -€45,019
down €45,019 (-37.9%), from €118,716 to €73,696
mainly Receivables within one year (-€33,804) and Debts after one year (-€29,273)
- Receivables within one year +€33,804
up €33,804 (+34.6%), from €97,659 to €131,463
of which Other amounts receivable: +€30,417
- Debts after one year -€29,273
down €29,273 (-65.9%), from €44,454 to €15,181
- Trade debts +€17,195
up €17,195 (+70.5%), from €24,406 to €41,601
- Reserves +€14,400
up €14,400 (+4.9%), from €294,685 to €309,085
of which Distributable reserves: +€14,400
- Current portion of long-term debt -€12,770
down €12,770 (-30.4%), from €42,043 to €29,273
- Gross operating margin -€40,499
down €40,499 (-58.8%), from €68,911 to €28,411
- Depreciation -€14,575
down €14,575 (-71.9%), from €20,271 to €5,696
- Financial charges -€1,590
down €1,590 (-44.9%), from €3,539 to €1,949
- Taxes +€1,111
up €1,111 (+33.7%), from €3,297 to €4,408
- Other operating charges +€761
up €761 (+50.1%), from €1,518 to €2,278
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €419,282 | €408,237 | -€11,045 | -2.6% |
| Fixed assets | 21/28 | €182,525 | €183,681 | +€1,156 | +0.6% |
| Tangible fixed assets | 22/27 | €182,340 | €183,496 | +€1,156 | +0.6% |
| Land and buildings | 22 | €182,039 | €183,496 | +€1,457 | +0.8% |
| Furniture and vehicles | 24 | €301 | - | -€301 | |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €236,757 | €224,556 | -€12,201 | -5.2% |
| Stocks and contracts in progress | 3 | €986 | - | -€986 | |
| Stocks | 30/36 | €986 | - | -€986 | |
| Amounts receivable within one year | 40/41 | €97,659 | €131,463 | +€33,804 | +34.6% |
| Trade receivables | 40 | €51,735 | €55,122 | +€3,387 | +6.5% |
| Other amounts receivable | 41 | €45,924 | €76,341 | +€30,417 | +66.2% |
| Cash at bank and in hand | 54/58 | €118,716 | €73,696 | -€45,019 | -37.9% |
| Deferred charges and accrued income | 490/1 | €19,397 | €19,397 | = | 0.0% |
| Total equity and liabilities | 10/49 | €419,282 | €408,237 | -€11,045 | -2.6% |
| Equity | 10/15 | €300,973 | €315,298 | +€14,324 | +4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €294,685 | €309,085 | +€14,400 | +4.9% |
| 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 | €292,826 | €307,226 | +€14,400 | +4.9% |
| Profit (loss) carried forward | 14 | €88 | €12 | -€76 | -85.9% |
| Amounts payable | 17/49 | €118,309 | €92,939 | -€25,370 | -21.4% |
| Amounts payable after more than one year | 17 | €44,454 | €15,181 | -€29,273 | -65.9% |
| Financial debts | 170/4 | €44,454 | €15,181 | -€29,273 | -65.9% |
| Amounts payable within one year | 42/48 | €73,855 | €77,759 | +€3,904 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €42,043 | €29,273 | -€12,770 | -30.4% |
| Trade debts | 44 | €24,406 | €41,601 | +€17,195 | +70.5% |
| Suppliers | 440/4 | €24,406 | €41,601 | +€17,195 | +70.5% |
| Taxes, remuneration and social security | 45 | €3,297 | €6,884 | +€3,587 | +109% |
| Taxes | 450/3 | €3,297 | €6,884 | +€3,587 | +109% |
| Other amounts payable | 47/48 | €4,109 | - | -€4,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,271 | €5,696 | -€14,575 | -71.9% |
| Other operating charges | 640/8 | €1,518 | €2,278 | +€761 | +50.1% |
| Gross operating margin | 9900 | €68,911 | €28,411 | -€40,499 | -58.8% |
| Operating profit (loss) | 9901 | €47,122 | €20,437 | -€26,685 | -56.6% |
| Financial income | 75/76B | €96 | €244 | +€148 | +154% |
| Recurring financial income | 75 | €96 | €244 | +€148 | +154% |
| Financial charges | 65/66B | €3,539 | €1,949 | -€1,590 | -44.9% |
| Recurring financial charges | 65 | €3,539 | €1,949 | -€1,590 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €43,679 | €18,732 | -€24,947 | -57.1% |
| Income taxes | 67/77 | €3,297 | €4,408 | +€1,111 | +33.7% |
| Profit (loss) for the period | 9904 | €40,382 | €14,324 | -€26,058 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,382 | €14,324 | -€26,058 | -64.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.