TECHNOLOGY FACTORY: 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.
What changed
TECHNOLOGY FACTORY
NACE 47.400, Retail sale of information and communication equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€29,378
2024 · -€54,576+€83,954
Equity
€45,515
2024 · €16,137+€29,378
Cash
€618
2024 · €6,591-€5,972
Balance sheet total
€1.1m
2024 · €1.1m-€3,716
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€35,554
down €35,554 (-4.7%), from €754,499 to €718,945
- Profit (loss) carried forward +€29,378
up €29,378 (+53.8%), from -€54,576 to -€25,197
- Trade debts -€24,271
down €24,271 (-29.4%), from €82,598 to €58,328
- Advances received +€17,985
up €17,985 (+269%), from €6,679 to €24,664
Income statement
- Gross operating margin +€98,003
up €98,003 (+17,368%), from €564 to €98,567
- Staff costs +€10,467
new in 2025: €10,467
- Depreciation +€7,604
up €7,604 (+25.8%), from €29,465 to €37,069
- Financial charges -€2,718
down €2,718 (-12.2%), from €22,326 to €19,608
- Other operating charges -€1,140
down €1,140 (-19.4%), from €5,862 to €4,722
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
-€54,576
Gross operating margin
+€98,003
Staff costs
-€10,467
Depreciation
-€7,604
Other operating charges
+€1,140
Financial income
+€164
Financial charges
+€2,718
Taxes
+€0
Result 2025
€29,378
raises the resultlowers the result
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.
From operations
+€57,930
Investment
-€29,920
Financing
-€33,982
Cash 2024
€6,591
From operations (derived)
+€57,930
Net result for the year
+€29,378
Depreciation
+€37,069
Stocks and contracts
-€5,967
Receivables within one year
-€3,439
Trade debts
-€24,271
Tax, wage and social debts
+€5,001
Advances received
+€17,985
Other debts
+€3,403
Accrued charges and deferred income
-€1,230
Investment (derived)
-€29,920
Investment in fixed assets (net)
-€29,920
Financing
-€33,982
Debts after one year
-€35,554
Current portion of long-term debt
-€2,029
Short-term financial debts
+€3,601
Cash 2025
€618
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,132,098 | €1,128,382 | -€3,716 | -0.3% |
| Fixed assets | 21/28 | €473,801 | €466,652 | -€7,149 | -1.5% |
| Tangible fixed assets | 22/27 | €472,989 | €465,840 | -€7,149 | -1.5% |
| Land and buildings | 22 | €450,077 | €431,274 | -€18,803 | -4.2% |
| Plant, machinery and equipment | 23 | €17,391 | €14,662 | -€2,729 | -15.7% |
| Furniture and vehicles | 24 | €5,522 | €19,904 | +€14,383 | +260% |
| Financial fixed assets | 28 | €812 | €812 | = | 0.0% |
| Current assets | 29/58 | €658,297 | €661,730 | +€3,433 | +0.5% |
| Stocks and contracts in progress | 3 | €635,444 | €641,411 | +€5,967 | +0.9% |
| Stocks | 30/36 | €635,444 | €641,411 | +€5,967 | +0.9% |
| Amounts receivable within one year | 40/41 | €16,262 | €19,700 | +€3,439 | +21.1% |
| Trade receivables | 40 | €16,262 | €19,700 | +€3,439 | +21.1% |
| Cash at bank and in hand | 54/58 | €6,591 | €618 | -€5,972 | -90.6% |
| Total equity and liabilities | 10/49 | €1,132,098 | €1,128,382 | -€3,716 | -0.3% |
| Equity | 10/15 | €16,137 | €45,515 | +€29,378 | +182% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,113 | €52,113 | = | 0.0% |
| Distributable reserves | 133 | €52,113 | €52,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,576 | -€25,197 | +€29,378 | +53.8% |
| Provisions and deferred taxes | 16 | €19,550 | €19,550 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €19,550 | €19,550 | = | 0.0% |
| Pensions and similar obligations | 160 | €19,550 | €19,550 | = | 0.0% |
| Amounts payable | 17/49 | €1,096,411 | €1,063,317 | -€33,094 | -3.0% |
| Amounts payable after more than one year | 17 | €754,499 | €718,945 | -€35,554 | -4.7% |
| Financial debts | 170/4 | €754,499 | €718,945 | -€35,554 | -4.7% |
| Amounts payable within one year | 42/48 | €339,820 | €343,510 | +€3,690 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €35,113 | €33,084 | -€2,029 | -5.8% |
| Financial debts | 43 | €926 | €4,526 | +€3,601 | +389% |
| Credit institutions | 430/8 | €926 | €4,526 | +€3,601 | +389% |
| Trade debts | 44 | €82,598 | €58,328 | -€24,271 | -29.4% |
| Suppliers | 440/4 | €82,598 | €58,328 | -€24,271 | -29.4% |
| Advances received on contracts in progress | 46 | €6,679 | €24,664 | +€17,985 | +269% |
| Taxes, remuneration and social security | 45 | €11,221 | €16,222 | +€5,001 | +44.6% |
| Taxes | 450/3 | €11,221 | €12,343 | +€1,122 | +10.0% |
| Remuneration and social security | 454/9 | - | €3,879 | +€3,879 | |
| Other amounts payable | 47/48 | €203,283 | €206,686 | +€3,403 | +1.7% |
| Accrued charges and deferred income | 492/3 | €2,092 | €862 | -€1,230 | -58.8% |
| Remuneration, social security and pensions | 62 | - | €10,467 | +€10,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,465 | €37,069 | +€7,604 | +25.8% |
| Other operating charges | 640/8 | €5,862 | €4,722 | -€1,140 | -19.4% |
| Gross operating margin | 9900 | €564 | €98,567 | +€98,003 | +17,368% |
| Operating profit (loss) | 9901 | -€34,763 | €46,309 | +€81,072 | |
| Financial income | 75/76B | €2,514 | €2,677 | +€164 | +6.5% |
| Recurring financial income | 75 | €2,514 | €2,677 | +€164 | +6.5% |
| Financial charges | 65/66B | €22,326 | €19,608 | -€2,718 | -12.2% |
| Recurring financial charges | 65 | €22,326 | €19,608 | -€2,718 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€54,576 | €29,378 | +€83,954 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€54,576 | €29,378 | +€83,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,576 | €29,378 | +€83,954 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.