TECHNIQUES SPECIALES A L'EXPORT: 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.
TECHNIQUES SPECIALES A L'EXPORT
Largest movements
- Receivables within one year -€134,428
down €134,428 (-3.1%), from €4.4m to €4.3m
of which Other amounts receivable: -€84,180
- Reserves -€242,495
down €242,495 (-15.0%), from €1.6m to €1.4m
of which Distributable reserves: -€242,495
- Other debts +€67,211
new in 2025: €67,211
- Gross operating margin +€133,870
up €133,870 (+53.7%), from -€249,516 to -€115,646
- Other operating charges +€34,768
up €34,768 (+646%), from €5,378 to €40,146
- Taxes +€13,774
up €13,774 (+567%), from €2,431 to €16,205
- Financial income -€5,932
down €5,932 (-86.0%), from €6,902 to €969
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 | €4,534,993 | €4,387,254 | -€147,739 | -3.3% |
| Fixed assets | 21/28 | €41,804 | €32,765 | -€9,038 | -21.6% |
| Tangible fixed assets | 22/27 | €41,804 | €32,765 | -€9,038 | -21.6% |
| Furniture and vehicles | 24 | €10,334 | €5,139 | -€5,196 | -50.3% |
| Other tangible fixed assets | 26 | €31,469 | €27,627 | -€3,843 | -12.2% |
| Current assets | 29/58 | €4,493,190 | €4,354,489 | -€138,701 | -3.1% |
| Amounts receivable within one year | 40/41 | €4,395,033 | €4,260,606 | -€134,428 | -3.1% |
| Trade receivables | 40 | €4,260,149 | €4,209,901 | -€50,248 | -1.2% |
| Other amounts receivable | 41 | €134,885 | €50,705 | -€84,180 | -62.4% |
| Cash at bank and in hand | 54/58 | €96,405 | €92,093 | -€4,311 | -4.5% |
| Deferred charges and accrued income | 490/1 | €1,751 | €1,790 | +€38 | +2.2% |
| Total equity and liabilities | 10/49 | €4,534,993 | €4,387,254 | -€147,739 | -3.3% |
| Equity | 10/15 | €1,682,174 | €1,439,678 | -€242,495 | -14.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,620,174 | €1,377,678 | -€242,495 | -15.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,613,974 | €1,371,478 | -€242,495 | -15.0% |
| Amounts payable | 17/49 | €2,852,819 | €2,947,576 | +€94,756 | +3.3% |
| Amounts payable within one year | 42/48 | €2,845,269 | €2,947,576 | +€102,306 | +3.6% |
| Trade debts | 44 | €2,817,298 | €2,856,683 | +€39,385 | +1.4% |
| Suppliers | 440/4 | €2,817,298 | €2,856,683 | +€39,385 | +1.4% |
| Taxes, remuneration and social security | 45 | €27,972 | €23,681 | -€4,290 | -15.3% |
| Taxes | 450/3 | €11,809 | €8,358 | -€3,450 | -29.2% |
| Remuneration and social security | 454/9 | €16,163 | €15,323 | -€840 | -5.2% |
| Other amounts payable | 47/48 | - | €67,211 | +€67,211 | |
| Accrued charges and deferred income | 492/3 | €7,550 | - | -€7,550 | |
| Remuneration, social security and pensions | 62 | €56,898 | €59,047 | +€2,149 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,692 | €9,038 | +€346 | +4.0% |
| Other operating charges | 640/8 | €5,378 | €40,146 | +€34,768 | +646% |
| Gross operating margin | 9900 | -€249,516 | -€115,646 | +€133,870 | +53.7% |
| Operating profit (loss) | 9901 | -€320,484 | -€223,877 | +€96,607 | +30.1% |
| Financial income | 75/76B | €6,902 | €969 | -€5,932 | -86.0% |
| Recurring financial income | 75 | €6,902 | €969 | -€5,932 | -86.0% |
| Financial charges | 65/66B | €3,975 | €3,383 | -€592 | -14.9% |
| Recurring financial charges | 65 | €3,975 | €3,383 | -€592 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€317,557 | -€226,290 | +€91,266 | +28.7% |
| Income taxes | 67/77 | €2,431 | €16,205 | +€13,774 | +567% |
| Profit (loss) for the period | 9904 | -€319,988 | -€242,495 | +€77,493 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€319,988 | -€242,495 | +€77,493 | +24.2% |
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 18 October 2026 via checked.be.