Technical Project 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.
Technical Project Solutions
Largest movements
- Cash +€111,784
up €111,784 (+145.8%), from €76,652 to €188,436
mainly Net result for the year (+€88,624) and Tax, wage and social debts (+€25,456)
- Receivables within one year +€11,795
up €11,795 (+45.9%), from €25,724 to €37,519
- Profit (loss) carried forward +€88,624
up €88,624 (+125.2%), from €70,763 to €159,386
- Tax, wage and social debts +€25,456
up €25,456 (+96.3%), from €26,435 to €51,890
- Advances received +€12,761
new in 2025: €12,761
- Purchases and services -€65,580
no longer reported in 2025 (was €65,580)
- Gross operating margin +€23,117
up €23,117 (+25.7%), from €90,070 to €113,187
- Taxes +€5,301
up €5,301 (+29.9%), from €17,744 to €23,045
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 | €103,735 | €227,551 | +€123,816 | +119.4% |
| Fixed assets | 21/28 | €1,359 | €1,596 | +€237 | +17.5% |
| Tangible fixed assets | 22/27 | €1,359 | €1,596 | +€237 | +17.5% |
| Plant, machinery and equipment | 23 | - | €904 | +€904 | |
| Furniture and vehicles | 24 | €1,359 | €692 | -€667 | -49.1% |
| Current assets | 29/58 | €102,376 | €225,955 | +€123,579 | +120.7% |
| Amounts receivable within one year | 40/41 | €25,724 | €37,519 | +€11,795 | +45.9% |
| Trade receivables | 40 | €25,724 | €37,519 | +€11,795 | +45.9% |
| Cash at bank and in hand | 54/58 | €76,652 | €188,436 | +€111,784 | +145.8% |
| Total equity and liabilities | 10/49 | €103,735 | €227,551 | +€123,816 | +119.4% |
| Equity | 10/15 | €72,763 | €161,386 | +€88,624 | +121.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,763 | €159,386 | +€88,624 | +125.2% |
| Amounts payable | 17/49 | €30,972 | €66,165 | +€35,192 | +113.6% |
| Amounts payable within one year | 42/48 | €30,972 | €66,165 | +€35,192 | +113.6% |
| Trade debts | 44 | €1,676 | €468 | -€1,208 | -72.1% |
| Suppliers | 440/4 | €1,676 | €468 | -€1,208 | -72.1% |
| Advances received on contracts in progress | 46 | - | €12,761 | +€12,761 | |
| Taxes, remuneration and social security | 45 | €26,435 | €51,890 | +€25,456 | +96.3% |
| Taxes | 450/3 | €26,435 | €51,890 | +€25,456 | +96.3% |
| Other amounts payable | 47/48 | €2,862 | €1,046 | -€1,816 | -63.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €65,580 | - | -€65,580 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €641 | €1,119 | +€478 | +74.5% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €90,070 | €113,187 | +€23,117 | +25.7% |
| Operating profit (loss) | 9901 | €89,041 | €111,668 | +€22,627 | +25.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €535 | - | -€535 | |
| Recurring financial charges | 65 | €535 | - | -€535 | |
| Profit (loss) for the period before taxes | 9903 | €88,506 | €111,668 | +€23,162 | +26.2% |
| Income taxes | 67/77 | €17,744 | €23,045 | +€5,301 | +29.9% |
| Profit (loss) for the period | 9904 | €70,763 | €88,624 | +€17,861 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,763 | €88,624 | +€17,861 | +25.2% |
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 11 October 2026 via checked.be.