Technics4Watt: 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.
Technics4Watt
Largest movements
- Stocks and contracts -€38,945
down €38,945 (-59.1%), from €65,850 to €26,905
of which Contracts in progress: -€37,863
- Tangible fixed assets -€17,805
down €17,805 (-6.6%), from €270,698 to €252,892
of which Land and buildings: -€14,352
- Cash +€16,138
up €16,138 (+3225.4%), from €500 to €16,639
mainly Stocks and contracts (+€38,945) and Depreciation (+€28,098)
- Receivables within one year +€11,829
up €11,829 (+59.2%), from €19,981 to €31,810
of which Trade receivables: +€12,593
- Other debts -€23,147
down €23,147 (-49.9%), from €46,364 to €23,217
- Debts after one year +€20,958
up €20,958 (+11.0%), from €190,454 to €211,411
- Short-term financial debts -€15,723
down €15,723 (-99.8%), from €15,753 to €30
- Profit (loss) carried forward -€9,561
down €9,561 (-39.0%), from €24,507 to €14,946
- Trade debts -€5,758
down €5,758 (-8.0%), from €71,586 to €65,827
- Gross operating margin +€36,532
up €36,532 (+178.7%), from €20,445 to €56,976
- Taxes +€6,074
up €6,074, from -€3,074 to €3,000
- Depreciation -€1,567
down €1,567 (-5.3%), from €29,665 to €28,098
- Other operating charges +€1,139
up €1,139 (+73.5%), from €1,550 to €2,689
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 | €379,624 | €351,223 | -€28,401 | -7.5% |
| Fixed assets | 21/28 | €284,457 | €264,102 | -€20,355 | -7.2% |
| Intangible fixed assets | 21 | €13,760 | €11,210 | -€2,550 | -18.5% |
| Tangible fixed assets | 22/27 | €270,698 | €252,892 | -€17,805 | -6.6% |
| Land and buildings | 22 | €248,862 | €234,510 | -€14,352 | -5.8% |
| Plant, machinery and equipment | 23 | €9,154 | €5,600 | -€3,554 | -38.8% |
| Furniture and vehicles | 24 | €12,681 | €12,782 | +€101 | +0.8% |
| Current assets | 29/58 | €95,166 | €87,120 | -€8,046 | -8.5% |
| Stocks and contracts in progress | 3 | €65,850 | €26,905 | -€38,945 | -59.1% |
| Stocks | 30/36 | €10,807 | €9,725 | -€1,082 | -10.0% |
| Contracts in progress | 37 | €55,043 | €17,180 | -€37,863 | -68.8% |
| Amounts receivable within one year | 40/41 | €19,981 | €31,810 | +€11,829 | +59.2% |
| Trade receivables | 40 | €3,061 | €15,654 | +€12,593 | +411.4% |
| Other amounts receivable | 41 | €16,920 | €16,156 | -€764 | -4.5% |
| Current investments | 50/53 | €8,000 | €11,060 | +€3,060 | +38.2% |
| Cash at bank and in hand | 54/58 | €500 | €16,639 | +€16,138 | +3225.4% |
| Deferred charges and accrued income | 490/1 | €836 | €707 | -€129 | -15.4% |
| Total equity and liabilities | 10/49 | €379,624 | €351,223 | -€28,401 | -7.5% |
| Equity | 10/15 | €28,257 | €18,696 | -€9,561 | -33.8% |
| Contributions | 10/11 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,507 | €14,946 | -€9,561 | -39.0% |
| Amounts payable | 17/49 | €351,367 | €332,527 | -€18,840 | -5.4% |
| Amounts payable after more than one year | 17 | €190,454 | €211,411 | +€20,958 | +11.0% |
| Financial debts | 170/4 | €190,454 | €211,411 | +€20,958 | +11.0% |
| Amounts payable within one year | 42/48 | €160,913 | €121,115 | -€39,798 | -24.7% |
| Current portion of amounts payable after more than one year | 42 | €27,209 | €29,640 | +€2,431 | +8.9% |
| Financial debts | 43 | €15,753 | €30 | -€15,723 | -99.8% |
| Credit institutions | 430/8 | €15,753 | €30 | -€15,723 | -99.8% |
| Trade debts | 44 | €71,586 | €65,827 | -€5,758 | -8.0% |
| Suppliers | 440/4 | €71,586 | €65,827 | -€5,758 | -8.0% |
| Taxes, remuneration and social security | 45 | - | €2,400 | +€2,400 | |
| Taxes | 450/3 | - | €2,400 | +€2,400 | |
| Other amounts payable | 47/48 | €46,364 | €23,217 | -€23,147 | -49.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,665 | €28,098 | -€1,567 | -5.3% |
| Other operating charges | 640/8 | €1,550 | €2,689 | +€1,139 | +73.5% |
| Gross operating margin | 9900 | €20,445 | €56,976 | +€36,532 | +178.7% |
| Operating profit (loss) | 9901 | -€10,770 | €26,189 | +€36,959 | |
| Financial income | 75/76B | €0 | €67 | +€67 | +13868.8% |
| Recurring financial income | 75 | €0 | €67 | +€67 | +13868.8% |
| Financial charges | 65/66B | €7,259 | €7,817 | +€559 | +7.7% |
| Recurring financial charges | 65 | €7,259 | €7,817 | +€559 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,028 | €18,439 | +€36,467 | |
| Income taxes | 67/77 | -€3,074 | €3,000 | +€6,074 | |
| Profit (loss) for the period | 9904 | -€14,954 | €15,439 | +€30,393 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,954 | €15,439 | +€30,393 |
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 6 October 2026 via checked.be.