TECHNISCHRAADSMAN.BE: 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.
TECHNISCHRAADSMAN.BE
Largest movements
- Current investments +€19,996
up €19,996 (+47.6%), from €42,008 to €62,004
- Tangible fixed assets -€14,761
down €14,761 (-20.9%), from €70,510 to €55,749
of which Furniture and vehicles: -€12,380
- Cash -€8,375
down €8,375 (-7.1%), from €117,734 to €109,359
mainly Contributions, distributions and other (-€51,117) and Current investments (-€19,996)
- Trade debts -€8,271
down €8,271 (-45.4%), from €18,231 to €9,960
- Reserves +€8,129
up €8,129 (+4.4%), from €183,974 to €192,103
- Tax, wage and social debts -€3,430
down €3,430 (-23.4%), from €14,627 to €11,197
- Gross operating margin +€48,161
up €48,161 (+80.8%), from €59,581 to €107,743
- Financial income -€26,056
down €26,056 (-96.8%), from €26,931 to €875
- Taxes +€10,010
up €10,010 (+53.7%), from €18,637 to €28,647
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 | €245,272 | €241,635 | -€3,637 | -1.5% |
| Fixed assets | 21/28 | €71,189 | €56,428 | -€14,761 | -20.7% |
| Tangible fixed assets | 22/27 | €70,510 | €55,749 | -€14,761 | -20.9% |
| Land and buildings | 22 | €29,942 | €28,170 | -€1,772 | -5.9% |
| Plant, machinery and equipment | 23 | €610 | €0 | -€610 | -100.0% |
| Furniture and vehicles | 24 | €39,958 | €27,579 | -€12,380 | -31.0% |
| Financial fixed assets | 28 | €679 | €679 | = | 0.0% |
| Current assets | 29/58 | €174,083 | €185,207 | +€11,124 | +6.4% |
| Amounts receivable within one year | 40/41 | €10,733 | €9,432 | -€1,301 | -12.1% |
| Trade receivables | 40 | €6,152 | €4,119 | -€2,032 | -33.0% |
| Other amounts receivable | 41 | €4,582 | €5,313 | +€731 | +16.0% |
| Current investments | 50/53 | €42,008 | €62,004 | +€19,996 | +47.6% |
| Cash at bank and in hand | 54/58 | €117,734 | €109,359 | -€8,375 | -7.1% |
| Deferred charges and accrued income | 490/1 | €3,608 | €4,412 | +€804 | +22.3% |
| Total equity and liabilities | 10/49 | €245,272 | €241,635 | -€3,637 | -1.5% |
| Equity | 10/15 | €191,157 | €200,119 | +€8,962 | +4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €183,974 | €192,103 | +€8,129 | +4.4% |
| Distributable reserves | 133 | €183,974 | €192,103 | +€8,129 | +4.4% |
| Profit (loss) carried forward | 14 | €983 | €1,816 | +€833 | +84.8% |
| Amounts payable | 17/49 | €54,115 | €41,516 | -€12,599 | -23.3% |
| Amounts payable within one year | 42/48 | €54,115 | €41,516 | -€12,599 | -23.3% |
| Trade debts | 44 | €18,231 | €9,960 | -€8,271 | -45.4% |
| Suppliers | 440/4 | €18,231 | €9,960 | -€8,271 | -45.4% |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €14,627 | €11,197 | -€3,430 | -23.4% |
| Taxes | 450/3 | €14,627 | €11,197 | -€3,430 | -23.4% |
| Other amounts payable | 47/48 | €21,157 | €20,359 | -€797 | -3.8% |
| Remuneration, social security and pensions | 62 | €1,920 | €1,760 | -€160 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,368 | €17,150 | -€218 | -1.3% |
| Other operating charges | 640/8 | €528 | €909 | +€381 | +72.2% |
| Gross operating margin | 9900 | €59,581 | €107,743 | +€48,161 | +80.8% |
| Operating profit (loss) | 9901 | €39,765 | €87,924 | +€48,158 | +121% |
| Financial income | 75/76B | €26,931 | €875 | -€26,056 | -96.8% |
| Recurring financial income | 75 | €26,931 | €875 | -€26,056 | -96.8% |
| Financial charges | 65/66B | €82 | €72 | -€10 | -11.7% |
| Recurring financial charges | 65 | €82 | €72 | -€10 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €66,614 | €88,726 | +€22,112 | +33.2% |
| Income taxes | 67/77 | €18,637 | €28,647 | +€10,010 | +53.7% |
| Profit (loss) for the period | 9904 | €47,977 | €60,079 | +€12,102 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €47,977 | €60,079 | +€12,102 | +25.2% |
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 14 October 2026 via checked.be.