Technical & Human 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.
Technical & Human Solutions
Largest movements
- Cash +€25,957
up €25,957 (+19.2%), from €134,977 to €160,934
mainly Other debts (+€59,409) and Net result for the year (+€49,387)
- Deferred charges and accrued income +€20,916
up €20,916 (+62.5%), from €33,487 to €54,403
- Receivables within one year -€7,602
down €7,602 (-23.3%), from €32,562 to €24,960
of which Trade receivables: -€18,639
- Tangible fixed assets -€3,255
down €3,255 (-12.9%), from €25,330 to €22,075
of which Furniture and vehicles: -€2,875
- Other debts +€59,409
up €59,409 (+461.8%), from €12,864 to €72,273
- Tax, wage and social debts -€12,683
down €12,683 (-73.9%), from €17,153 to €4,469
of which Taxes: -€15,161
- Trade debts -€9,482
down €9,482 (-37.8%), from €25,065 to €15,583
- Gross operating margin +€61,186
up €61,186 (+277.1%), from €22,077 to €83,263
- Taxes +€15,967
up €15,967 (+246.2%), from €6,484 to €22,451
- Other operating charges +€1,296
up €1,296 (+101.4%), from €1,278 to €2,575
- Financial charges +€966
up €966 (+41.3%), from €2,339 to €3,305
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 | €226,605 | €262,621 | +€36,016 | +15.9% |
| Fixed assets | 21/28 | €25,580 | €22,325 | -€3,255 | -12.7% |
| Tangible fixed assets | 22/27 | €25,330 | €22,075 | -€3,255 | -12.9% |
| Plant, machinery and equipment | 23 | €19,653 | €19,272 | -€380 | -1.9% |
| Furniture and vehicles | 24 | €5,677 | €2,802 | -€2,875 | -50.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €201,025 | €240,296 | +€39,271 | +19.5% |
| Amounts receivable within one year | 40/41 | €32,562 | €24,960 | -€7,602 | -23.3% |
| Trade receivables | 40 | €26,638 | €7,999 | -€18,639 | -70.0% |
| Other amounts receivable | 41 | €5,924 | €16,961 | +€11,037 | +186.3% |
| Cash at bank and in hand | 54/58 | €134,977 | €160,934 | +€25,957 | +19.2% |
| Deferred charges and accrued income | 490/1 | €33,487 | €54,403 | +€20,916 | +62.5% |
| Total equity and liabilities | 10/49 | €226,605 | €262,621 | +€36,016 | +15.9% |
| Equity | 10/15 | €169,908 | €169,296 | -€613 | -0.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €144,908 | €144,296 | -€613 | -0.4% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €142,408 | €141,796 | -€613 | -0.4% |
| Amounts payable | 17/49 | €56,697 | €93,325 | +€36,629 | +64.6% |
| Amounts payable within one year | 42/48 | €55,082 | €92,325 | +€37,244 | +67.6% |
| Trade debts | 44 | €25,065 | €15,583 | -€9,482 | -37.8% |
| Suppliers | 440/4 | €25,065 | €15,583 | -€9,482 | -37.8% |
| Taxes, remuneration and social security | 45 | €17,153 | €4,469 | -€12,683 | -73.9% |
| Taxes | 450/3 | €17,153 | €1,992 | -€15,161 | -88.4% |
| Remuneration and social security | 454/9 | - | €2,478 | +€2,478 | |
| Other amounts payable | 47/48 | €12,864 | €72,273 | +€59,409 | +461.8% |
| Accrued charges and deferred income | 492/3 | €1,615 | €1,000 | -€615 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,777 | €6,349 | +€571 | +9.9% |
| Other operating charges | 640/8 | €1,278 | €2,575 | +€1,296 | +101.4% |
| Gross operating margin | 9900 | €22,077 | €83,263 | +€61,186 | +277.1% |
| Operating profit (loss) | 9901 | €15,021 | €74,339 | +€59,318 | +394.9% |
| Financial income | 75/76B | €1,416 | €804 | -€611 | -43.2% |
| Recurring financial income | 75 | €1,416 | €804 | -€611 | -43.2% |
| Financial charges | 65/66B | €2,339 | €3,305 | +€966 | +41.3% |
| Recurring financial charges | 65 | €2,339 | €3,305 | +€966 | +41.3% |
| Profit (loss) for the period before taxes | 9903 | €14,098 | €71,839 | +€57,741 | +409.6% |
| Income taxes | 67/77 | €6,484 | €22,451 | +€15,967 | +246.2% |
| Profit (loss) for the period | 9904 | €7,613 | €49,387 | +€41,774 | +548.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,613 | €49,387 | +€41,774 | +548.7% |
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 6 October 2026 via checked.be.