TECHNICAL TRAINING CONSULTANCY: 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 TRAINING CONSULTANCY
Largest movements
- Cash +€49,009
up €49,009 (+117.4%), from €41,757 to €90,766
mainly Current investments (+€40,000) and Net result for the year (+€26,647)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Tangible fixed assets -€12,932
down €12,932 (-23.9%), from €54,202 to €41,270
of which Furniture and vehicles: -€12,520
- Receivables within one year +€8,870
up €8,870 (+55.4%), from €16,010 to €24,880
of which Other amounts receivable: +€4,875
- Reserves +€26,647
up €26,647 (+25.2%), from €105,731 to €132,378
- Tax, wage and social debts -€12,626
down €12,626 (-69.8%), from €18,078 to €5,452
- Current portion of long-term debt -€8,549
no longer reported in 2025 (was €8,549)
- Gross operating margin +€8,674
up €8,674 (+18.8%), from €46,054 to €54,728
- Taxes +€2,936
up €2,936 (+28.4%), from €10,325 to €13,261
- Financial income +€899
up €899 (+205.3%), from €438 to €1,337
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 | €154,765 | €158,774 | +€4,009 | +2.6% |
| Fixed assets | 21/28 | €54,202 | €41,270 | -€12,932 | -23.9% |
| Tangible fixed assets | 22/27 | €54,202 | €41,270 | -€12,932 | -23.9% |
| Plant, machinery and equipment | 23 | €1,647 | €1,235 | -€412 | -25.0% |
| Furniture and vehicles | 24 | €52,555 | €40,035 | -€12,520 | -23.8% |
| Current assets | 29/58 | €100,563 | €117,504 | +€16,941 | +16.8% |
| Amounts receivable within one year | 40/41 | €16,010 | €24,880 | +€8,870 | +55.4% |
| Trade receivables | 40 | €7,616 | €11,611 | +€3,995 | +52.5% |
| Other amounts receivable | 41 | €8,394 | €13,269 | +€4,875 | +58.1% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €41,757 | €90,766 | +€49,009 | +117.4% |
| Deferred charges and accrued income | 490/1 | €2,796 | €1,858 | -€938 | -33.5% |
| Total equity and liabilities | 10/49 | €154,765 | €158,774 | +€4,009 | +2.6% |
| Equity | 10/15 | €124,331 | €150,978 | +€26,647 | +21.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,731 | €132,378 | +€26,647 | +25.2% |
| Distributable reserves | 133 | €105,731 | €132,378 | +€26,647 | +25.2% |
| Amounts payable | 17/49 | €30,434 | €7,796 | -€22,638 | -74.4% |
| Amounts payable within one year | 42/48 | €29,841 | €7,796 | -€22,045 | -73.9% |
| Current portion of amounts payable after more than one year | 42 | €8,549 | - | -€8,549 | |
| Trade debts | 44 | €3,214 | €2,344 | -€870 | -27.1% |
| Suppliers | 440/4 | €3,214 | €2,344 | -€870 | -27.1% |
| Taxes, remuneration and social security | 45 | €18,078 | €5,452 | -€12,626 | -69.8% |
| Taxes | 450/3 | €18,078 | €5,452 | -€12,626 | -69.8% |
| Accrued charges and deferred income | 492/3 | €593 | - | -€593 | |
| Non-recurring operating income | 76A | €332 | - | -€332 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,594 | €14,709 | +€115 | +0.8% |
| Other operating charges | 640/8 | €985 | €1,204 | +€219 | +22.2% |
| Gross operating margin | 9900 | €46,054 | €54,728 | +€8,674 | +18.8% |
| Operating profit (loss) | 9901 | €30,475 | €38,815 | +€8,340 | +27.4% |
| Financial income | 75/76B | €438 | €1,337 | +€899 | +205.3% |
| Recurring financial income | 75 | €438 | €1,337 | +€899 | +205.3% |
| Financial charges | 65/66B | €473 | €244 | -€229 | -48.4% |
| Recurring financial charges | 65 | €473 | €244 | -€229 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €30,440 | €39,908 | +€9,468 | +31.1% |
| Income taxes | 67/77 | €10,325 | €13,261 | +€2,936 | +28.4% |
| Profit (loss) for the period | 9904 | €20,115 | €26,647 | +€6,532 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,115 | €26,647 | +€6,532 | +32.5% |
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 10 October 2026 via checked.be.