TECHNICAL SERVICES & IMPORT: 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 & IMPORT
Largest movements
- Tangible fixed assets -€26,652
down €26,652 (-43.3%), from €61,590 to €34,938
- Receivables within one year +€17,188
up €17,188 (+103.0%), from €16,689 to €33,876
of which Trade receivables: +€12,095
- Cash -€5,473
down €5,473 (-17.7%), from €30,878 to €25,405
mainly Receivables within one year (-€17,188) and Investment in fixed assets (net) (-€5,930)
- Deferred charges and accrued income +€3,285
up €3,285 (+132.5%), from €2,479 to €5,764
- Stocks and contracts +€2,833
up €2,833 (+116.0%), from €2,443 to €5,276
- Other debts -€5,861
down €5,861 (-80.8%), from €7,255 to €1,394
- Debts after one year -€3,754
down €3,754 (-70.0%), from €5,360 to €1,606
- Tax, wage and social debts -€1,730
down €1,730 (-27.2%), from €6,351 to €4,620
- Trade debts +€1,665
up €1,665 (+31.8%), from €5,238 to €6,903
- Gross operating margin -€8,450
down €8,450 (-19.8%), from €42,725 to €34,275
- Depreciation -€7,731
down €7,731 (-19.2%), from €40,313 to €32,582
- Other operating charges -€993
down €993 (-63.3%), from €1,568 to €575
- Financial charges -€582
down €582 (-48.0%), from €1,213 to €631
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 | €114,078 | €105,258 | -€8,820 | -7.7% |
| Fixed assets | 21/28 | €61,590 | €34,938 | -€26,652 | -43.3% |
| Tangible fixed assets | 22/27 | €61,590 | €34,938 | -€26,652 | -43.3% |
| Plant, machinery and equipment | 23 | €12,540 | €1,396 | -€11,144 | -88.9% |
| Furniture and vehicles | 24 | €29,896 | €21,956 | -€7,941 | -26.6% |
| Leasing and similar rights | 25 | €19,154 | €11,586 | -€7,568 | -39.5% |
| Current assets | 29/58 | €52,488 | €70,321 | +€17,832 | +34.0% |
| Stocks and contracts in progress | 3 | €2,443 | €5,276 | +€2,833 | +116.0% |
| Stocks | 30/36 | €2,443 | €5,276 | +€2,833 | +116.0% |
| Amounts receivable within one year | 40/41 | €16,689 | €33,876 | +€17,188 | +103.0% |
| Trade receivables | 40 | €16,689 | €28,783 | +€12,095 | +72.5% |
| Other amounts receivable | 41 | - | €5,093 | +€5,093 | |
| Cash at bank and in hand | 54/58 | €30,878 | €25,405 | -€5,473 | -17.7% |
| Deferred charges and accrued income | 490/1 | €2,479 | €5,764 | +€3,285 | +132.5% |
| Total equity and liabilities | 10/49 | €114,078 | €105,258 | -€8,820 | -7.7% |
| Equity | 10/15 | €86,259 | €86,981 | +€722 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,799 | €66,521 | +€722 | +1.1% |
| Amounts payable | 17/49 | €27,819 | €18,278 | -€9,541 | -34.3% |
| Amounts payable after more than one year | 17 | €5,360 | €1,606 | -€3,754 | -70.0% |
| Financial debts | 170/4 | €5,360 | €1,606 | -€3,754 | -70.0% |
| Amounts payable within one year | 42/48 | €22,459 | €16,671 | -€5,788 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €3,615 | €3,754 | +€139 | +3.8% |
| Trade debts | 44 | €5,238 | €6,903 | +€1,665 | +31.8% |
| Suppliers | 440/4 | €5,238 | €6,903 | +€1,665 | +31.8% |
| Taxes, remuneration and social security | 45 | €6,351 | €4,620 | -€1,730 | -27.2% |
| Taxes | 450/3 | €6,351 | €4,620 | -€1,730 | -27.2% |
| Other amounts payable | 47/48 | €7,255 | €1,394 | -€5,861 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,313 | €32,582 | -€7,731 | -19.2% |
| Other operating charges | 640/8 | €1,568 | €575 | -€993 | -63.3% |
| Gross operating margin | 9900 | €42,725 | €34,275 | -€8,450 | -19.8% |
| Operating profit (loss) | 9901 | €844 | €1,118 | +€274 | +32.5% |
| Financial income | 75/76B | €1,094 | €759 | -€335 | -30.6% |
| Recurring financial income | 75 | €1,094 | €759 | -€335 | -30.6% |
| Financial charges | 65/66B | €1,213 | €631 | -€582 | -48.0% |
| Recurring financial charges | 65 | €1,213 | €631 | -€582 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €725 | €1,246 | +€521 | +71.9% |
| Income taxes | 67/77 | €496 | €524 | +€28 | +5.7% |
| Profit (loss) for the period | 9904 | €229 | €722 | +€493 | +215.4% |
| Profit (loss) for the period to be appropriated | 9905 | €229 | €722 | +€493 | +215.4% |
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 30 September 2026 via checked.be.