TECHNO - HIGH - TECHNOLOGY: 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.
What changed
TECHNO - HIGH - TECHNOLOGY
NACE 10.890, Manufacture of food products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€506,355
2024 · -€421,557-€84,798
Equity
€376,668
2024 · €883,023-€506,355
Cash
€213,428
2024 · €31,984+€181,444
Balance sheet total
€3.5m
2024 · €3.3m+€128,680
Largest movements
Assets
- Receivables within one year +€196,083
up €196,083 (+22.4%), from €873,564 to €1.1m
of which Trade receivables: +€264,311
- Cash +€181,444
up €181,444 (+567.3%), from €31,984 to €213,428
mainly Short-term financial debts (+€877,423) and Depreciation (+€180,202)
- Stocks and contracts -€116,355
down €116,355 (-13.6%), from €857,543 to €741,188
- Tangible fixed assets -€77,958
down €77,958 (-5.5%), from €1.4m to €1.3m
of which Land and buildings: -€80,068
- Deferred charges and accrued income -€40,905
down €40,905 (-46.7%), from €87,627 to €46,722
Equity and liabilities
- Short-term financial debts +€877,423
up €877,423 (+156.5%), from €560,684 to €1.4m
- Profit (loss) carried forward -€506,355
down €506,355 (-68.5%), from €739,032 to €232,677
- Accrued charges and deferred income -€160,873
down €160,873 (-54.4%), from €295,705 to €134,832
- Debts after one year -€43,162
down €43,162 (-7.5%), from €573,162 to €530,000
- Current portion of long-term debt -€39,396
down €39,396 (-47.7%), from €82,558 to €43,162
Income statement
- Goods and materials -€306,915
down €306,915 (-20.1%), from €1.5m to €1.2m
of which Purchases: -€293,455
- Services and other goods +€229,510
up €229,510 (+13.0%), from €1.8m to €2.0m
- Turnover +€127,229
up €127,229 (+3.0%), from €4.2m to €4.3m
- Write-downs +€95,574
up €95,574, from -€27,166 to €68,408
- Other operating income +€53,771
up €53,771 (+30.7%), from €175,323 to €229,094
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.
Result 2024
-€421,557
Turnover
+€127,229
Other operating income
+€53,771
Goods and materials
+€306,915
Services and other goods
-€229,510
Staff costs
-€53,266
Depreciation
-€10,415
Write-downs
-€95,574
Other operating charges
-€1,750
Other operating items
-€108,072
Financial income
-€53,078
Financial charges
-€21,241
Taxes
+€191
Result 2025
-€506,355
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.
From operations
-€524,806
Investment
-€88,615
Financing
+€794,864
Cash 2024
€31,984
From operations (derived)
-€524,806
Net result for the year
-€506,355
Depreciation
+€180,202
Stocks and contracts
+€116,355
Receivables within one year
-€196,083
Deferred charges and accrued income
+€40,905
Trade debts
-€18,567
Tax, wage and social debts
+€11,112
Advances received
+€6,025
Other debts
+€2,474
Accrued charges and deferred income
-€160,873
Investment (derived)
-€88,615
Investment in fixed assets (net)
-€88,615
Financing
+€794,864
Debts after one year
-€43,162
Current portion of long-term debt
-€39,396
Short-term financial debts
+€877,423
Cash 2025
€213,428
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,335,902 | €3,464,582 | +€128,680 | +3.9% |
| Fixed assets | 21/28 | €1,485,184 | €1,393,596 | -€91,588 | -6.2% |
| Intangible fixed assets | 21 | €69,250 | €55,620 | -€13,630 | -19.7% |
| Tangible fixed assets | 22/27 | €1,415,933 | €1,337,975 | -€77,958 | -5.5% |
| Land and buildings | 22 | €1,178,406 | €1,098,337 | -€80,068 | -6.8% |
| Plant, machinery and equipment | 23 | €230,477 | €228,288 | -€2,189 | -0.9% |
| Assets under construction and advance payments | 27 | €7,050 | €11,350 | +€4,300 | +61.0% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €1 | €1 | = | 0.0% |
| Participating interests | 282 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €1,850,719 | €2,070,986 | +€220,267 | +11.9% |
| Stocks and contracts in progress | 3 | €857,543 | €741,188 | -€116,355 | -13.6% |
| Stocks | 30/36 | €857,543 | €741,188 | -€116,355 | -13.6% |
| Raw materials and consumables | 30/31 | €105,646 | €98,231 | -€7,415 | -7.0% |
| Work in progress | 32 | €566,277 | €431,715 | -€134,562 | -23.8% |
| Finished goods | 33 | €185,620 | €211,242 | +€25,622 | +13.8% |
| Amounts receivable within one year | 40/41 | €873,564 | €1,069,648 | +€196,083 | +22.4% |
| Trade receivables | 40 | €582,506 | €846,817 | +€264,311 | +45.4% |
| Other amounts receivable | 41 | €291,058 | €222,830 | -€68,228 | -23.4% |
| Cash at bank and in hand | 54/58 | €31,984 | €213,428 | +€181,444 | +567.3% |
| Deferred charges and accrued income | 490/1 | €87,627 | €46,722 | -€40,905 | -46.7% |
| Total equity and liabilities | 10/49 | €3,335,902 | €3,464,582 | +€128,680 | +3.9% |
| Equity | 10/15 | €883,023 | €376,668 | -€506,355 | -57.3% |
| 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 | €56,654 | €56,654 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,454 | €50,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | €739,032 | €232,677 | -€506,355 | -68.5% |
| Investment grants | 15 | €25,337 | €25,337 | = | 0.0% |
| Amounts payable | 17/49 | €2,452,879 | €3,087,914 | +€635,035 | +25.9% |
| Amounts payable after more than one year | 17 | €573,162 | €530,000 | -€43,162 | -7.5% |
| Financial debts | 170/4 | €573,162 | €530,000 | -€43,162 | -7.5% |
| Credit institutions | 173 | €43,162 | - | -€43,162 | |
| Other loans | 174 | €530,000 | €530,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,584,012 | €2,423,082 | +€839,070 | +53.0% |
| Current portion of amounts payable after more than one year | 42 | €82,558 | €43,162 | -€39,396 | -47.7% |
| Financial debts | 43 | €560,684 | €1,438,107 | +€877,423 | +156.5% |
| Credit institutions | 430/8 | €560,684 | €1,438,107 | +€877,423 | +156.5% |
| Trade debts | 44 | €735,568 | €717,001 | -€18,567 | -2.5% |
| Suppliers | 440/4 | €735,568 | €717,001 | -€18,567 | -2.5% |
| Advances received on contracts in progress | 46 | €5,171 | €11,195 | +€6,025 | +116.5% |
| Taxes, remuneration and social security | 45 | €198,256 | €209,367 | +€11,112 | +5.6% |
| Taxes | 450/3 | - | €43,745 | +€43,745 | |
| Remuneration and social security | 454/9 | €198,256 | €165,623 | -€32,633 | -16.5% |
| Other amounts payable | 47/48 | €1,775 | €4,249 | +€2,474 | +139.4% |
| Accrued charges and deferred income | 492/3 | €295,705 | €134,832 | -€160,873 | -54.4% |
| Operating income | 70/76A | €4,447,586 | €4,520,514 | +€72,928 | +1.6% |
| Turnover | 70 | €4,205,211 | €4,332,440 | +€127,229 | +3.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €59,124 | -€41,020 | -€100,143 | |
| Other operating income | 74 | €175,323 | €229,094 | +€53,771 | +30.7% |
| Non-recurring operating income | 76A | €7,928 | - | -€7,928 | |
| Operating charges | 60/66A | €4,892,520 | €4,976,119 | +€83,599 | +1.7% |
| Goods for resale, raw materials and consumables | 60 | €1,523,740 | €1,216,825 | -€306,915 | -20.1% |
| Purchases | 600/8 | €1,502,864 | €1,209,409 | -€293,455 | -19.5% |
| Change in stocks: decrease (increase) | 609 | €20,875 | €7,415 | -€13,460 | -64.5% |
| Services and other goods | 61 | €1,764,026 | €1,993,536 | +€229,510 | +13.0% |
| Remuneration, social security and pensions | 62 | €1,440,923 | €1,494,189 | +€53,266 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,787 | €180,202 | +€10,415 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€27,166 | €68,408 | +€95,574 | |
| Other operating charges | 640/8 | €21,210 | €22,960 | +€1,750 | +8.3% |
| Operating profit (loss) | 9901 | -€444,934 | -€455,605 | -€10,671 | -2.4% |
| Financial income | 75/76B | €70,257 | €17,179 | -€53,078 | -75.5% |
| Recurring financial income | 75 | €2,057 | €17,179 | +€15,122 | +735.3% |
| Income from current assets | 751 | €1,560 | - | -€1,560 | |
| Other financial income | 752/9 | €497 | €17,179 | +€16,682 | +3357.0% |
| Non-recurring financial income | 76B | €68,200 | - | -€68,200 | |
| Financial charges | 65/66B | €45,188 | €66,429 | +€21,241 | +47.0% |
| Recurring financial charges | 65 | €45,188 | €66,429 | +€21,241 | +47.0% |
| Debt charges | 650 | €41,318 | €59,182 | +€17,864 | +43.2% |
| Other financial charges | 652/9 | €3,870 | €7,247 | +€3,377 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | -€419,866 | -€504,855 | -€84,989 | -20.2% |
| Income taxes | 67/77 | €1,691 | €1,500 | -€191 | -11.3% |
| Taxes | 670/3 | €1,691 | €1,500 | -€191 | -11.3% |
| Profit (loss) for the period | 9904 | -€421,557 | -€506,355 | -€84,798 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€421,557 | -€506,355 | -€84,798 | -20.1% |
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 4 October 2026 via checked.be.