Technical Talents: what changed
What changed
Technical Talents
NACE 33.200, Installation of industrial machinery and equipment
filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €1.2m+€553,819
Equity
€2.5m
2024 · €6.5m-€4.0m
Cash
€5.2m
2024 · €1.6m+€3.6m
Balance sheet total
€12.9m
2024 · €11.9m+€952,335
Largest movements
Assets
- Cash +€3.6m
up €3.6m (+222%), from €1.6m to €5.2m
mainly Receivables after one year (+€2.8m) and Other debts (+€1.9m)
- Receivables after one year -€2.8m
down €2.8m (-51.7%), from €5.4m to €2.6m
- Receivables within one year +€254,834
up €254,834 (+5.5%), from €4.6m to €4.9m
of which Trade receivables: +€266,407
Equity and liabilities
- Reserves -€5.5m
down €5.5m (-96.8%), from €5.7m to €183,682
of which Distributable reserves: -€5.6m
- Other debts +€1.9m
new in 2025: €1.9m
- Short-term financial debts +€1.7m
up €1.7m (+725%), from €232,673 to €1.9m
- Contributions +€1.5m
up €1.5m (+183%), from €830,130 to €2.4m
- Trade debts +€712,868
up €712,868 (+28.1%), from €2.5m to €3.2m
Income statement
- Turnover +€1.3m
up €1.3m (+6.1%), from €21.8m to €23.1m
- Goods and materials +€987,032
up €987,032 (+20.7%), from €4.8m to €5.8m
- Services and other goods -€377,031
down €377,031 (-8.2%), from €4.6m to €4.2m
- Staff costs -€239,496
down €239,496 (-2.2%), from €11.0m to €10.8m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.2m
Turnover
+€1.3m
Other operating income
-€209,591
Goods and materials
-€987,032
Services and other goods
+€377,031
Staff costs
+€239,496
Depreciation
+€7,733
Other operating charges
+€2,824
Other operating items
+€70,708
Financial income
-€172,187
Financial charges
+€34,439
Taxes
-€134,993
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7.0m
Investment
-€18,666
Financing
-€3.4m
Cash 2024
€1.6m
From operations (derived)
+€7.0m
Net result for the year
+€1.8m
Depreciation
+€122,365
Receivables after one year
+€2.8m
Receivables within one year
-€254,834
Smaller working-capital items
+€7,650
Trade debts
+€712,868
Tax, wage and social debts
+€31,661
Other debts
+€1.9m
Investment (derived)
-€18,666
Investment in fixed assets (net)
-€18,666
Financing
-€3.4m
Debts after one year
+€654,130
Short-term financial debts
+€1.7m
Contributions, distributions and other
-€5.8m
Cash 2025
€5.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,917,960 | €12,870,295 | +€952,335 | +8.0% |
| Fixed assets | 21/28 | €306,264 | €202,565 | -€103,699 | -33.9% |
| Intangible fixed assets | 21 | €255,018 | €163,531 | -€91,487 | -35.9% |
| Tangible fixed assets | 22/27 | €51,245 | €38,946 | -€12,299 | -24.0% |
| Plant, machinery and equipment | 23 | €36,582 | €34,002 | -€2,580 | -7.1% |
| Furniture and vehicles | 24 | €12,403 | €4,770 | -€7,633 | -61.5% |
| Other tangible fixed assets | 26 | €2,261 | €174 | -€2,087 | -92.3% |
| Financial fixed assets | 28 | - | €88 | +€88 | |
| Other financial fixed assets | 284/8 | - | €88 | +€88 | |
| Amounts receivable and cash guarantees | 285/8 | - | €88 | +€88 | |
| Current assets | 29/58 | €11,611,696 | €12,667,730 | +€1.1m | +9.1% |
| Amounts receivable after more than one year | 29 | €5,363,273 | €2,589,169 | -€2.8m | -51.7% |
| Other amounts receivable | 291 | €5,363,273 | €2,589,169 | -€2.8m | -51.7% |
| Amounts receivable within one year | 40/41 | €4,621,954 | €4,876,788 | +€254,834 | +5.5% |
| Trade receivables | 40 | €4,530,489 | €4,796,896 | +€266,407 | +5.9% |
| Other amounts receivable | 41 | €91,465 | €79,892 | -€11,573 | -12.7% |
| Cash at bank and in hand | 54/58 | €1,608,043 | €5,184,984 | +€3.6m | +222% |
| Deferred charges and accrued income | 490/1 | €18,426 | €16,790 | -€1,636 | -8.9% |
| Total equity and liabilities | 10/49 | €11,917,960 | €12,870,295 | +€952,335 | +8.0% |
| Equity | 10/15 | €6,524,061 | €2,533,812 | -€4.0m | -61.2% |
| Contributions | 10/11 | €830,130 | €2,350,130 | +€1.5m | +183% |
| Capital | 10 | €830,130 | €2,350,130 | +€1.5m | +183% |
| Issued capital | 100 | €830,130 | €2,350,130 | +€1.5m | +183% |
| Reserves | 13 | €5,693,931 | €183,682 | -€5.5m | -96.8% |
| Non-distributable reserves | 130/1 | €83,013 | €173,013 | +€90,000 | +108% |
| Legal reserve | 130 | €83,013 | €173,013 | +€90,000 | +108% |
| Distributable reserves | 133 | €5,610,918 | €10,669 | -€5.6m | -99.8% |
| Provisions and deferred taxes | 16 | - | €5,000 | +€5,000 | |
| Provisions for liabilities and charges | 160/5 | - | €5,000 | +€5,000 | |
| Other liabilities and charges | 164/5 | - | €5,000 | +€5,000 | |
| Amounts payable | 17/49 | €5,393,899 | €10,331,483 | +€4.9m | +91.5% |
| Amounts payable after more than one year | 17 | €515,627 | €1,169,757 | +€654,130 | +127% |
| Financial debts | 170/4 | - | €1,169,757 | +€1.2m | |
| Subordinated loans | 170 | - | €1,169,757 | +€1.2m | |
| Other amounts payable | 178/9 | €515,627 | - | -€515,627 | |
| Amounts payable within one year | 42/48 | €4,857,686 | €9,140,126 | +€4.3m | +88.2% |
| Financial debts | 43 | €232,673 | €1,920,584 | +€1.7m | +725% |
| Credit institutions | 430/8 | €232,673 | €1,920,584 | +€1.7m | +725% |
| Trade debts | 44 | €2,535,900 | €3,248,769 | +€712,868 | +28.1% |
| Suppliers | 440/4 | €2,535,900 | €3,248,769 | +€712,868 | +28.1% |
| Taxes, remuneration and social security | 45 | €2,089,113 | €2,120,773 | +€31,661 | +1.5% |
| Taxes | 450/3 | €189,901 | €240,664 | +€50,763 | +26.7% |
| Remuneration and social security | 454/9 | €1,899,212 | €1,880,109 | -€19,103 | -1.0% |
| Other amounts payable | 47/48 | - | €1,850,000 | +€1.9m | |
| Accrued charges and deferred income | 492/3 | €20,586 | €21,600 | +€1,014 | +4.9% |
| Operating income | 70/76A | €22,423,582 | €23,579,379 | +€1.2m | +5.2% |
| Turnover | 70 | €21,768,650 | €23,094,043 | +€1.3m | +6.1% |
| Other operating income | 74 | €654,933 | €445,342 | -€209,591 | -32.0% |
| Non-recurring operating income | 76A | - | €39,994 | +€39,994 | |
| Operating charges | 60/66A | €20,558,410 | €20,887,646 | +€329,236 | +1.6% |
| Goods for resale, raw materials and consumables | 60 | €4,764,741 | €5,751,774 | +€987,032 | +20.7% |
| Purchases | 600/8 | €4,764,741 | €5,751,774 | +€987,032 | +20.7% |
| Services and other goods | 61 | €4,602,089 | €4,225,058 | -€377,031 | -8.2% |
| Remuneration, social security and pensions | 62 | €10,999,938 | €10,760,442 | -€239,496 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,098 | €122,365 | -€7,733 | -5.9% |
| Other operating charges | 640/8 | €20,902 | €18,079 | -€2,824 | -13.5% |
| Non-recurring operating charges | 66A | €40,643 | €9,929 | -€30,714 | -75.6% |
| Operating profit (loss) | 9901 | €1,865,172 | €2,691,733 | +€826,561 | +44.3% |
| Financial income | 75/76B | €278,901 | €106,714 | -€172,187 | -61.7% |
| Recurring financial income | 75 | €278,901 | €106,714 | -€172,187 | -61.7% |
| Income from current assets | 751 | €278,810 | €106,641 | -€172,169 | -61.8% |
| Other financial income | 752/9 | €91 | €73 | -€18 | -19.8% |
| Financial charges | 65/66B | €325,653 | €291,215 | -€34,439 | -10.6% |
| Recurring financial charges | 65 | €325,653 | €291,215 | -€34,439 | -10.6% |
| Debt charges | 650 | €320,600 | €287,162 | -€33,438 | -10.4% |
| Other financial charges | 652/9 | €5,053 | €4,053 | -€1,000 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €1,818,420 | €2,507,232 | +€688,812 | +37.9% |
| Income taxes | 67/77 | €581,770 | €716,762 | +€134,993 | +23.2% |
| Taxes | 670/3 | €581,770 | €716,762 | +€134,993 | +23.2% |
| Profit (loss) for the period | 9904 | €1,236,651 | €1,790,470 | +€553,819 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,236,651 | €1,790,470 | +€553,819 | +44.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.