TECHNICAL SERVICES: 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 SERVICES
Largest movements
- Cash +€66,012
up €66,012 (+53.9%), from €122,386 to €188,399
mainly Net result for the year (+€118,503) and Other debts (+€85,945)
- Receivables within one year +€36,705
up €36,705 (+102.4%), from €35,843 to €72,548
of which Trade receivables: +€35,454
- Current investments +€30,000
up €30,000 (+36.4%), from €82,500 to €112,500
- Tangible fixed assets -€24,952
down €24,952 (-29.5%), from €84,503 to €59,551
of which Furniture and vehicles: -€22,171
- Other debts +€85,945
up €85,945 (+701.4%), from €12,253 to €98,198
- Tax, wage and social debts +€11,566
up €11,566 (+434.4%), from €2,663 to €14,229
of which Taxes: +€10,266
- Reserves +€10,644
up €10,644 (+3.5%), from €300,438 to €311,083
of which Distributable reserves: +€10,644
- Gross operating margin +€112,815
up €112,815 (+111.5%), from €101,143 to €213,958
- Taxes +€39,535
up €39,535 (+233.9%), from €16,903 to €56,437
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 | €330,467 | €436,616 | +€106,149 | +32.1% |
| Fixed assets | 21/28 | €84,503 | €59,551 | -€24,952 | -29.5% |
| Tangible fixed assets | 22/27 | €84,503 | €59,551 | -€24,952 | -29.5% |
| Land and buildings | 22 | €18,877 | €16,293 | -€2,584 | -13.7% |
| Plant, machinery and equipment | 23 | €197 | €0 | -€197 | -100.0% |
| Furniture and vehicles | 24 | €65,429 | €43,258 | -€22,171 | -33.9% |
| Current assets | 29/58 | €245,964 | €377,064 | +€131,100 | +53.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €35,843 | €72,548 | +€36,705 | +102.4% |
| Trade receivables | 40 | €31,076 | €66,530 | +€35,454 | +114.1% |
| Other amounts receivable | 41 | €4,767 | €6,018 | +€1,251 | +26.2% |
| Current investments | 50/53 | €82,500 | €112,500 | +€30,000 | +36.4% |
| Cash at bank and in hand | 54/58 | €122,386 | €188,399 | +€66,012 | +53.9% |
| Deferred charges and accrued income | 490/1 | €5,235 | €3,618 | -€1,617 | -30.9% |
| Total equity and liabilities | 10/49 | €330,467 | €436,616 | +€106,149 | +32.1% |
| Equity | 10/15 | €312,838 | €323,483 | +€10,644 | +3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €300,438 | €311,083 | +€10,644 | +3.5% |
| Non-distributable reserves | 130/1 | €2,460 | €2,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,460 | €2,460 | = | 0.0% |
| Distributable reserves | 133 | €297,978 | €308,623 | +€10,644 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,629 | €113,133 | +€95,504 | +541.8% |
| Amounts payable within one year | 42/48 | €17,629 | €113,133 | +€95,504 | +541.8% |
| Trade debts | 44 | €2,713 | €707 | -€2,007 | -74.0% |
| Suppliers | 440/4 | €2,713 | €707 | -€2,007 | -74.0% |
| Taxes, remuneration and social security | 45 | €2,663 | €14,229 | +€11,566 | +434.4% |
| Taxes | 450/3 | €2,663 | €12,929 | +€10,266 | +385.6% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Other amounts payable | 47/48 | €12,253 | €98,198 | +€85,945 | +701.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,799 | €24,952 | -€848 | -3.3% |
| Other operating charges | 640/8 | €13,923 | €13,966 | +€43 | +0.3% |
| Gross operating margin | 9900 | €101,143 | €213,958 | +€112,815 | +111.5% |
| Operating profit (loss) | 9901 | €61,420 | €175,040 | +€113,619 | +185.0% |
| Financial income | 75/76B | €221 | €1 | -€220 | -99.4% |
| Recurring financial income | 75 | €221 | €1 | -€220 | -99.4% |
| Financial charges | 65/66B | €84 | €100 | +€16 | +19.2% |
| Recurring financial charges | 65 | €84 | €100 | +€16 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €61,557 | €174,941 | +€113,384 | +184.2% |
| Income taxes | 67/77 | €16,903 | €56,437 | +€39,535 | +233.9% |
| Profit (loss) for the period | 9904 | €44,654 | €118,503 | +€73,849 | +165.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,654 | €118,503 | +€73,849 | +165.4% |
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 5 October 2026 via checked.be.