Technolit: 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.
Technolit
Largest movements
- Receivables within one year -€691,217
down €691,217 (-47.1%), from €1.5m to €776,200
of which Trade receivables: -€667,604
- Intangible fixed assets +€62,514
new in 2024: €62,514
- Stocks and contracts -€43,715
down €43,715 (-15.9%), from €274,376 to €230,660
- Cash -€31,389
down €31,389 (-7.0%), from €445,894 to €414,505
mainly Net result for the year (-€700,389) and Other debts (-€363,287)
- Deferred charges and accrued income +€27,241
up €27,241 (+413.4%), from €6,590 to €33,831
- Profit (loss) carried forward -€700,389
down €700,389 (-88.0%), from -€795,561 to -€1.5m
- Trade debts +€502,397
up €502,397 (+35.9%), from €1.4m to €1.9m
- Other debts -€363,287
down €363,287 (-41.7%), from €870,166 to €506,879
- Tax, wage and social debts -€114,931
down €114,931 (-20.8%), from €552,087 to €437,156
of which Remuneration and social security: -€71,962
- Gross operating margin -€223,837
down €223,837 (-7.9%), from €2.8m to €2.6m
- Write-downs +€52,998
up €52,998 (+79.2%), from -€66,895 to -€13,896
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,226,802 | €1,550,592 | -€676,210 | -30.4% |
| Fixed assets | 21/28 | €32,525 | €95,396 | +€62,871 | +193.3% |
| Intangible fixed assets | 21 | - | €62,514 | +€62,514 | |
| Tangible fixed assets | 22/27 | €32,525 | €32,882 | +€357 | +1.1% |
| Furniture and vehicles | 24 | €17,851 | €14,282 | -€3,568 | -20.0% |
| Other tangible fixed assets | 26 | €14,675 | €18,600 | +€3,925 | +26.7% |
| Current assets | 29/58 | €2,194,277 | €1,455,196 | -€739,081 | -33.7% |
| Stocks and contracts in progress | 3 | €274,376 | €230,660 | -€43,715 | -15.9% |
| Stocks | 30/36 | €274,376 | €230,660 | -€43,715 | -15.9% |
| Amounts receivable within one year | 40/41 | €1,467,417 | €776,200 | -€691,217 | -47.1% |
| Trade receivables | 40 | €1,418,976 | €751,372 | -€667,604 | -47.0% |
| Other amounts receivable | 41 | €48,441 | €24,828 | -€23,613 | -48.7% |
| Cash at bank and in hand | 54/58 | €445,894 | €414,505 | -€31,389 | -7.0% |
| Deferred charges and accrued income | 490/1 | €6,590 | €33,831 | +€27,241 | +413.4% |
| Total equity and liabilities | 10/49 | €2,226,802 | €1,550,592 | -€676,210 | -30.4% |
| Equity | 10/15 | -€695,561 | -€1,395,950 | -€700,389 | -100.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€795,561 | -€1,495,950 | -€700,389 | -88.0% |
| Amounts payable | 17/49 | €2,922,363 | €2,946,542 | +€24,179 | +0.8% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,822,363 | €2,846,542 | +€24,179 | +0.9% |
| Trade debts | 44 | €1,400,110 | €1,902,508 | +€502,397 | +35.9% |
| Suppliers | 440/4 | €1,400,110 | €1,902,508 | +€502,397 | +35.9% |
| Taxes, remuneration and social security | 45 | €552,087 | €437,156 | -€114,931 | -20.8% |
| Taxes | 450/3 | €121,920 | €78,951 | -€42,969 | -35.2% |
| Remuneration and social security | 454/9 | €430,168 | €358,205 | -€71,962 | -16.7% |
| Other amounts payable | 47/48 | €870,166 | €506,879 | -€363,287 | -41.7% |
| Non-recurring operating income | 76A | - | €562,500 | +€562,500 | |
| Remuneration, social security and pensions | 62 | €3,323,823 | €3,299,905 | -€23,919 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,490 | €9,706 | +€216 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€66,895 | -€13,896 | +€52,998 | +79.2% |
| Other operating charges | 640/8 | €14,364 | €505 | -€13,860 | -96.5% |
| Gross operating margin | 9900 | €2,840,683 | €2,616,847 | -€223,837 | -7.9% |
| Operating profit (loss) | 9901 | -€440,100 | -€679,372 | -€239,273 | -54.4% |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €13,652 | €10,836 | -€2,816 | -20.6% |
| Recurring financial charges | 65 | €13,652 | €10,836 | -€2,816 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€453,691 | -€690,209 | -€236,518 | -52.1% |
| Income taxes | 67/77 | €10,041 | €10,180 | +€140 | +1.4% |
| Profit (loss) for the period | 9904 | -€463,732 | -€700,389 | -€236,657 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€463,732 | -€700,389 | -€236,657 | -51.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.