TECHNIQUE FISCALE ET COMPTABLE: 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.
TECHNIQUE FISCALE ET COMPTABLE
Largest movements
- Current investments +€255,000
up €255,000 (+30.9%), from €824,699 to €1.1m
- Cash -€94,570
down €94,570 (-30.3%), from €311,844 to €217,274
mainly Current investments (-€255,000) and Contributions, distributions and other (-€173,903)
- Tangible fixed assets -€26,385
down €26,385 (-21.6%), from €122,043 to €95,658
- Reserves +€147,340
up €147,340 (+10.6%), from €1.4m to €1.5m
of which Distributable reserves: +€147,340
- Gross operating margin +€12,579
up €12,579 (+2.6%), from €479,863 to €492,441
- Staff costs -€9,716
down €9,716 (-54.5%), from €17,826 to €8,110
- Taxes +€7,467
up €7,467 (+5.4%), from €139,352 to €146,819
- Financial income -€5,589
down €5,589 (-23.8%), from €23,446 to €17,858
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 | €1,502,853 | €1,653,402 | +€150,549 | +10.0% |
| Fixed assets | 21/28 | €221,975 | €195,590 | -€26,385 | -11.9% |
| Tangible fixed assets | 22/27 | €122,043 | €95,658 | -€26,385 | -21.6% |
| Land and buildings | 22 | €64,681 | €54,177 | -€10,504 | -16.2% |
| Plant, machinery and equipment | 23 | €12,162 | €8,705 | -€3,458 | -28.4% |
| Furniture and vehicles | 24 | €45,200 | €32,776 | -€12,423 | -27.5% |
| Financial fixed assets | 28 | €99,932 | €99,932 | = | 0.0% |
| Current assets | 29/58 | €1,280,878 | €1,457,812 | +€176,934 | +13.8% |
| Amounts receivable within one year | 40/41 | €140,805 | €147,804 | +€6,999 | +5.0% |
| Trade receivables | 40 | €132,123 | €143,490 | +€11,367 | +8.6% |
| Other amounts receivable | 41 | €8,682 | €4,313 | -€4,369 | -50.3% |
| Current investments | 50/53 | €824,699 | €1,079,699 | +€255,000 | +30.9% |
| Cash at bank and in hand | 54/58 | €311,844 | €217,274 | -€94,570 | -30.3% |
| Deferred charges and accrued income | 490/1 | €3,530 | €13,035 | +€9,505 | +269% |
| Total equity and liabilities | 10/49 | €1,502,853 | €1,653,402 | +€150,549 | +10.0% |
| Equity | 10/15 | €1,421,413 | €1,568,753 | +€147,340 | +10.4% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €1,391,854 | €1,539,193 | +€147,340 | +10.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,389,995 | €1,537,334 | +€147,340 | +10.6% |
| Profit (loss) carried forward | 14 | €23,354 | €23,354 | = | 0.0% |
| Amounts payable | 17/49 | €81,440 | €84,649 | +€3,209 | +3.9% |
| Amounts payable within one year | 42/48 | €81,440 | €84,649 | +€3,209 | +3.9% |
| Trade debts | 44 | €213 | €6,761 | +€6,549 | +3,075% |
| Suppliers | 440/4 | €213 | €6,761 | +€6,549 | +3,075% |
| Taxes, remuneration and social security | 45 | €81,227 | €74,680 | -€6,547 | -8.1% |
| Taxes | 450/3 | €81,227 | €73,826 | -€7,400 | -9.1% |
| Remuneration and social security | 454/9 | - | €854 | +€854 | |
| Other amounts payable | 47/48 | - | €3,208 | +€3,208 | |
| Remuneration, social security and pensions | 62 | €17,826 | €8,110 | -€9,716 | -54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,523 | €31,581 | -€941 | -2.9% |
| Other operating charges | 640/8 | €2,219 | €1,672 | -€547 | -24.7% |
| Non-recurring operating charges | 66A | €135 | €336 | +€201 | +149% |
| Gross operating margin | 9900 | €479,863 | €492,441 | +€12,579 | +2.6% |
| Operating profit (loss) | 9901 | €427,159 | €450,742 | +€23,583 | +5.5% |
| Financial income | 75/76B | €23,446 | €17,858 | -€5,589 | -23.8% |
| Recurring financial income | 75 | €23,446 | €17,858 | -€5,589 | -23.8% |
| Financial charges | 65/66B | €556 | €538 | -€18 | -3.3% |
| Recurring financial charges | 65 | €556 | €538 | -€18 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €450,050 | €468,062 | +€18,012 | +4.0% |
| Income taxes | 67/77 | €139,352 | €146,819 | +€7,467 | +5.4% |
| Profit (loss) for the period | 9904 | €310,698 | €321,243 | +€10,545 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €310,698 | €321,243 | +€10,545 | +3.4% |
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 30 October 2026 via checked.be.