TECHNICAL SUPPORT-EUROPE: 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 SUPPORT-EUROPE
Largest movements
- Receivables after one year +€37,588
up €37,588 (+446%), from €8,432 to €46,020
- Receivables within one year -€23,643
down €23,643 (-54.6%), from €43,264 to €19,621
- Cash -€5,580
down €5,580 (-34.2%), from €16,303 to €10,722
mainly Receivables after one year (-€37,588) and Current portion of long-term debt (-€16,195)
- Profit (loss) carried forward +€20,163
up €20,163 (+165%), from €12,184 to €32,347
- Current portion of long-term debt -€16,195
down €16,195 (-63.8%), from €25,370 to €9,175
- Tax, wage and social debts +€4,811
up €4,811 (+36.4%), from €13,233 to €18,043
- Gross operating margin -€13,074
down €13,074 (-30.1%), from €43,488 to €30,413
- Financial charges -€2,508
down €2,508 (-56.9%), from €4,406 to €1,898
of which Non-recurring financial charges: -€2,000
- Taxes -€1,659
down €1,659 (-19.1%), from €8,669 to €7,010
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.
Derived cash bridge
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 | €71,252 | €80,159 | +€8,907 | +12.5% |
| Fixed assets | 21/28 | €3,252 | €3,796 | +€543 | +16.7% |
| Tangible fixed assets | 22/27 | €3,252 | €3,796 | +€543 | +16.7% |
| Plant, machinery and equipment | 23 | €1,483 | €860 | -€623 | -42.0% |
| Furniture and vehicles | 24 | - | €1,399 | +€1,399 | |
| Other tangible fixed assets | 26 | €1,769 | €1,536 | -€233 | -13.2% |
| Current assets | 29/58 | €68,000 | €76,363 | +€8,364 | +12.3% |
| Amounts receivable after more than one year | 29 | €8,432 | €46,020 | +€37,588 | +446% |
| Other amounts receivable | 291 | €8,432 | €46,020 | +€37,588 | +446% |
| Amounts receivable within one year | 40/41 | €43,264 | €19,621 | -€23,643 | -54.6% |
| Trade receivables | 40 | €43,264 | €19,621 | -€23,643 | -54.6% |
| Cash at bank and in hand | 54/58 | €16,303 | €10,722 | -€5,580 | -34.2% |
| Total equity and liabilities | 10/49 | €71,252 | €80,159 | +€8,907 | +12.5% |
| Equity | 10/15 | €32,644 | €52,807 | +€20,163 | +61.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,184 | €32,347 | +€20,163 | +165% |
| Amounts payable | 17/49 | €38,608 | €27,352 | -€11,256 | -29.2% |
| Amounts payable within one year | 42/48 | €38,608 | €27,352 | -€11,256 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €25,370 | €9,175 | -€16,195 | -63.8% |
| Trade debts | 44 | - | €134 | +€134 | |
| Suppliers | 440/4 | - | €134 | +€134 | |
| Taxes, remuneration and social security | 45 | €13,233 | €18,043 | +€4,811 | +36.4% |
| Taxes | 450/3 | €13,233 | €18,043 | +€4,811 | +36.4% |
| Other amounts payable | 47/48 | €5 | - | -€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €856 | €856 | = | 0.0% |
| Other operating charges | 640/8 | €597 | €486 | -€111 | -18.6% |
| Gross operating margin | 9900 | €43,488 | €30,413 | -€13,074 | -30.1% |
| Operating profit (loss) | 9901 | €42,035 | €29,071 | -€12,964 | -30.8% |
| Financial income | 75/76B | €120 | - | -€120 | |
| Recurring financial income | 75 | €120 | - | -€120 | |
| Financial charges | 65/66B | €4,406 | €1,898 | -€2,508 | -56.9% |
| Recurring financial charges | 65 | €2,406 | €1,898 | -€508 | -21.1% |
| Non-recurring financial charges | 66B | €2,000 | - | -€2,000 | |
| Profit (loss) for the period before taxes | 9903 | €37,749 | €27,173 | -€10,576 | -28.0% |
| Income taxes | 67/77 | €8,669 | €7,010 | -€1,659 | -19.1% |
| Profit (loss) for the period | 9904 | €29,080 | €20,163 | -€8,917 | -30.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,080 | €20,163 | -€8,917 | -30.7% |
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 20 October 2026 via checked.be.