Technology In Motion: 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.
Technology In Motion
Largest movements
- Cash +€18,033
up €18,033 (+326.1%), from €5,530 to €23,563
mainly Net result for the year (+€25,175) and Other debts (+€10,141)
- Tangible fixed assets +€4,900
up €4,900 (+14.7%), from €33,232 to €38,132
of which Furniture and vehicles: +€3,707
- Receivables within one year -€4,345
down €4,345 (-28.9%), from €15,019 to €10,674
of which Trade receivables: -€4,386
- Reserves +€21,612
new in 2024: €21,612
- Tax, wage and social debts -€13,584
down €13,584 (-52.6%), from €25,816 to €12,232
of which Remuneration and social security: -€21,000
- Other debts +€10,141
up €10,141 (+55.9%), from €18,149 to €28,290
- Profit (loss) carried forward +€3,563
no longer reported in 2024 (was -€3,563)
- Accrued charges and deferred income -€2,129
no longer reported in 2024 (was €2,129)
- Gross operating margin +€17,568
up €17,568 (+89.2%), from €19,685 to €37,253
- Taxes +€8,106
new in 2024: €8,106
- Depreciation +€3,250
up €3,250 (+981.6%), from €331 to €3,581
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 | €53,836 | €72,369 | +€18,534 | +34.4% |
| Fixed assets | 21/28 | €33,232 | €38,132 | +€4,900 | +14.7% |
| Tangible fixed assets | 22/27 | €33,232 | €38,132 | +€4,900 | +14.7% |
| Land and buildings | 22 | €33,232 | €34,424 | +€1,193 | +3.6% |
| Furniture and vehicles | 24 | - | €3,707 | +€3,707 | |
| Current assets | 29/58 | €20,604 | €34,238 | +€13,634 | +66.2% |
| Amounts receivable within one year | 40/41 | €15,019 | €10,674 | -€4,345 | -28.9% |
| Trade receivables | 40 | €15,019 | €10,633 | -€4,386 | -29.2% |
| Other amounts receivable | 41 | - | €41 | +€41 | |
| Cash at bank and in hand | 54/58 | €5,530 | €23,563 | +€18,033 | +326.1% |
| Deferred charges and accrued income | 490/1 | €54 | - | -€54 | |
| Total equity and liabilities | 10/49 | €53,836 | €72,369 | +€18,534 | +34.4% |
| Equity | 10/15 | €6,437 | €31,612 | +€25,175 | +391.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €21,612 | +€21,612 | |
| Distributable reserves | 133 | - | €21,612 | +€21,612 | |
| Profit (loss) carried forward | 14 | -€3,563 | - | +€3,563 | |
| Amounts payable | 17/49 | €47,398 | €40,757 | -€6,641 | -14.0% |
| Amounts payable within one year | 42/48 | €45,269 | €40,757 | -€4,513 | -10.0% |
| Trade debts | 44 | €1,305 | €235 | -€1,070 | -82.0% |
| Suppliers | 440/4 | €1,305 | €235 | -€1,070 | -82.0% |
| Taxes, remuneration and social security | 45 | €25,816 | €12,232 | -€13,584 | -52.6% |
| Taxes | 450/3 | €4,816 | €12,232 | +€7,416 | +154.0% |
| Remuneration and social security | 454/9 | €21,000 | - | -€21,000 | |
| Other amounts payable | 47/48 | €18,149 | €28,290 | +€10,141 | +55.9% |
| Accrued charges and deferred income | 492/3 | €2,129 | - | -€2,129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €3,581 | +€3,250 | +981.6% |
| Other operating charges | 640/8 | €109 | €118 | +€9 | +8.3% |
| Gross operating margin | 9900 | €19,685 | €37,253 | +€17,568 | +89.2% |
| Operating profit (loss) | 9901 | €19,245 | €33,554 | +€14,310 | +74.4% |
| Financial charges | 65/66B | €90 | €274 | +€184 | +204.1% |
| Recurring financial charges | 65 | €90 | €274 | +€184 | +204.1% |
| Profit (loss) for the period before taxes | 9903 | €19,155 | €33,281 | +€14,126 | +73.7% |
| Income taxes | 67/77 | - | €8,106 | +€8,106 | |
| Profit (loss) for the period | 9904 | €19,155 | €25,175 | +€6,021 | +31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,155 | €25,175 | +€6,021 | +31.4% |
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 5 October 2026 via checked.be.