TECHNICIANS: what changed
What changed
TECHNICIANS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€111,869
2024 · €45,565+€66,305
Equity
€197,912
2024 · €86,043+€111,869
Cash
€78,609
2024 · €19,202+€59,407
Balance sheet total
€1.6m
2024 · €1.6m+€23,903
Largest movements
Assets
- Receivables after one year +€210,382
new in 2025: €210,382
- Tangible fixed assets -€183,972
down €183,972 (-20.2%), from €910,474 to €726,502
of which Furniture and vehicles: -€145,550
- Receivables within one year -€69,080
down €69,080 (-11.6%), from €596,191 to €527,111
of which Other amounts receivable: -€35,296
- Cash +€59,407
up €59,407 (+309%), from €19,202 to €78,609
mainly Debts after one year (+€211,370) and Depreciation (+€126,463)
Equity and liabilities
- Accrued charges and deferred income -€245,599
down €245,599 (-93.7%), from €262,205 to €16,605
- Debts after one year +€211,370
up €211,370 (+33.3%), from €635,143 to €846,514
of which Other amounts payable: +€245,773
- Reserves +€180,601
up €180,601 (+9,710%), from €1,860 to €182,461
- Profit (loss) carried forward -€68,731
down €68,731 (-100%), from €68,731 to €0
- Other debts -€22,950
down €22,950 (-100%), from €22,950 to €0
Income statement
- Gross operating margin +€128,515
up €128,515 (+13.3%), from €965,676 to €1.1m
- Depreciation -€44,956
down €44,956 (-26.2%), from €171,419 to €126,463
- Staff costs +€37,090
up €37,090 (+5.7%), from €649,937 to €687,027
- Taxes +€23,748
up €23,748 (+74.5%), from €31,868 to €55,616
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
€45,565
Gross operating margin
+€128,515
Staff costs
-€37,090
Depreciation
+€44,956
Write-downs
+€712
Other operating charges
+€584
Other operating items
-€47,770
Financial income
+€4,274
Financial charges
-€4,129
Taxes
-€23,748
Result 2025
€111,869
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
-€220,685
Investment
+€57,510
Financing
+€222,583
Cash 2024
€19,202
From operations (derived)
-€220,685
Net result for the year
+€111,869
Depreciation
+€126,463
Receivables after one year
-€210,382
Stocks and contracts
-€8,659
Receivables within one year
+€69,080
Deferred charges and accrued income
+€1,495
Trade debts
-€20,922
Tax, wage and social debts
-€21,078
Other debts
-€22,950
Accrued charges and deferred income
-€245,599
Investment (derived)
+€57,510
Investment in fixed assets (net)
+€57,510
Financing
+€222,583
Debts after one year
+€211,370
Current portion of long-term debt
-€2,579
Short-term financial debts
+€13,791
Cash 2025
€78,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,616,404 | €1,640,307 | +€23,903 | +1.5% |
| Fixed assets | 21/28 | €924,347 | €740,375 | -€183,972 | -19.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €910,474 | €726,502 | -€183,972 | -20.2% |
| Land and buildings | 22 | €401,410 | €383,910 | -€17,500 | -4.4% |
| Plant, machinery and equipment | 23 | €158,083 | €142,438 | -€15,644 | -9.9% |
| Furniture and vehicles | 24 | €176,643 | €31,094 | -€145,550 | -82.4% |
| Other tangible fixed assets | 26 | €174,338 | €169,060 | -€5,278 | -3.0% |
| Financial fixed assets | 28 | €13,873 | €13,873 | = | 0.0% |
| Current assets | 29/58 | €692,057 | €899,932 | +€207,875 | +30.0% |
| Amounts receivable after more than one year | 29 | - | €210,382 | +€210,382 | |
| Other amounts receivable | 291 | - | €210,382 | +€210,382 | |
| Stocks and contracts in progress | 3 | €25,840 | €34,499 | +€8,659 | +33.5% |
| Stocks | 30/36 | €25,840 | €34,499 | +€8,659 | +33.5% |
| Amounts receivable within one year | 40/41 | €596,191 | €527,111 | -€69,080 | -11.6% |
| Trade receivables | 40 | €544,959 | €511,175 | -€33,784 | -6.2% |
| Other amounts receivable | 41 | €51,232 | €15,936 | -€35,296 | -68.9% |
| Cash at bank and in hand | 54/58 | €19,202 | €78,609 | +€59,407 | +309% |
| Deferred charges and accrued income | 490/1 | €50,825 | €49,330 | -€1,495 | -2.9% |
| Total equity and liabilities | 10/49 | €1,616,404 | €1,640,307 | +€23,903 | +1.5% |
| Equity | 10/15 | €86,043 | €197,912 | +€111,869 | +130% |
| Contributions | 10/11 | €15,451 | €15,451 | = | 0.0% |
| Reserves | 13 | €1,860 | €182,461 | +€180,601 | +9,710% |
| Distributable reserves | 133 | €1,860 | €182,461 | +€180,601 | +9,710% |
| Profit (loss) carried forward | 14 | €68,731 | €0 | -€68,731 | -100% |
| Amounts payable | 17/49 | €1,530,361 | €1,442,395 | -€87,967 | -5.7% |
| Amounts payable after more than one year | 17 | €635,143 | €846,514 | +€211,370 | +33.3% |
| Financial debts | 170/4 | €305,888 | €271,486 | -€34,402 | -11.2% |
| Other amounts payable | 178/9 | €329,256 | €575,028 | +€245,773 | +74.6% |
| Amounts payable within one year | 42/48 | €633,013 | €579,276 | -€53,738 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €36,981 | €34,402 | -€2,579 | -7.0% |
| Financial debts | 43 | €210,149 | €223,941 | +€13,791 | +6.6% |
| Credit institutions | 430/8 | €173,388 | €223,941 | +€50,553 | +29.2% |
| Other loans | 439 | €36,761 | €0 | -€36,761 | -100% |
| Trade debts | 44 | €261,293 | €240,371 | -€20,922 | -8.0% |
| Suppliers | 440/4 | €261,293 | €240,371 | -€20,922 | -8.0% |
| Taxes, remuneration and social security | 45 | €101,640 | €80,562 | -€21,078 | -20.7% |
| Taxes | 450/3 | €26,779 | €15,698 | -€11,080 | -41.4% |
| Remuneration and social security | 454/9 | €74,861 | €64,864 | -€9,998 | -13.4% |
| Other amounts payable | 47/48 | €22,950 | €0 | -€22,950 | -100% |
| Accrued charges and deferred income | 492/3 | €262,205 | €16,605 | -€245,599 | -93.7% |
| Non-recurring operating income | 76A | €44,779 | €125,836 | +€81,058 | +181% |
| Remuneration, social security and pensions | 62 | €649,937 | €687,027 | +€37,090 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171,419 | €126,463 | -€44,956 | -26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €712 | €0 | -€712 | -100% |
| Other operating charges | 640/8 | €30,832 | €30,248 | -€584 | -1.9% |
| Non-recurring operating charges | 66A | €2,894 | €50,664 | +€47,770 | +1,651% |
| Gross operating margin | 9900 | €965,676 | €1,094,191 | +€128,515 | +13.3% |
| Operating profit (loss) | 9901 | €109,883 | €199,789 | +€89,907 | +81.8% |
| Financial income | 75/76B | €1,230 | €5,504 | +€4,274 | +348% |
| Recurring financial income | 75 | €1,193 | €5,504 | +€4,311 | +361% |
| Non-recurring financial income | 76B | €37 | €0 | -€37 | -100% |
| Financial charges | 65/66B | €33,679 | €37,808 | +€4,129 | +12.3% |
| Recurring financial charges | 65 | €33,679 | €37,808 | +€4,129 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €77,433 | €167,485 | +€90,052 | +116% |
| Income taxes | 67/77 | €31,868 | €55,616 | +€23,748 | +74.5% |
| Profit (loss) for the period | 9904 | €45,565 | €111,869 | +€66,305 | +146% |
| Profit (loss) for the period to be appropriated | 9905 | €45,565 | €111,869 | +€66,305 | +146% |
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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 7 November 2026 via checked.be.