TECHNOLOGY INTEGRATION: 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.
TECHNOLOGY INTEGRATION
Largest movements
- Current investments +€41,356
up €41,356 (+21.9%), from €188,446 to €229,802
- Tangible fixed assets -€4,310
down €4,310 (-19.7%), from €21,877 to €17,567
of which Furniture and vehicles: -€18,029
- Reserves +€29,027
up €29,027 (+24.8%), from €116,816 to €145,843
of which Distributable reserves: +€29,027
- Tax, wage and social debts +€4,505
up €4,505 (+51.1%), from €8,808 to €13,313
- Gross operating margin -€8,206
down €8,206 (-16.4%), from €49,946 to €41,740
- Financial income +€3,568
up €3,568 (+122%), from €2,925 to €6,493
- Financial charges +€1,412
up €1,412 (+285%), from €496 to €1,908
- Taxes -€1,260
down €1,260 (-9.0%), from €14,010 to €12,750
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 | €334,796 | €371,980 | +€37,184 | +11.1% |
| Fixed assets | 21/28 | €21,982 | €17,672 | -€4,310 | -19.6% |
| Tangible fixed assets | 22/27 | €21,877 | €17,567 | -€4,310 | -19.7% |
| Plant, machinery and equipment | 23 | - | €16,244 | +€16,244 | |
| Furniture and vehicles | 24 | €19,352 | €1,323 | -€18,029 | -93.2% |
| Leasing and similar rights | 25 | €2,525 | - | -€2,525 | |
| Financial fixed assets | 28 | €105 | €105 | = | 0.0% |
| Current assets | 29/58 | €312,814 | €354,308 | +€41,494 | +13.3% |
| Amounts receivable within one year | 40/41 | €31,465 | €33,112 | +€1,647 | +5.2% |
| Trade receivables | 40 | €26,664 | €25,349 | -€1,315 | -4.9% |
| Other amounts receivable | 41 | €4,801 | €7,763 | +€2,962 | +61.7% |
| Current investments | 50/53 | €188,446 | €229,802 | +€41,356 | +21.9% |
| Cash at bank and in hand | 54/58 | €92,485 | €90,963 | -€1,522 | -1.6% |
| Deferred charges and accrued income | 490/1 | €418 | €431 | +€13 | +3.1% |
| Total equity and liabilities | 10/49 | €334,796 | €371,980 | +€37,184 | +11.1% |
| Equity | 10/15 | €322,040 | €351,067 | +€29,027 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €116,816 | €145,843 | +€29,027 | +24.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €114,956 | €143,983 | +€29,027 | +25.3% |
| Profit (loss) carried forward | 14 | €199,024 | €199,024 | = | 0.0% |
| Amounts payable | 17/49 | €12,756 | €20,913 | +€8,157 | +63.9% |
| Amounts payable within one year | 42/48 | €12,756 | €20,913 | +€8,157 | +63.9% |
| Trade debts | 44 | €3,948 | €7,600 | +€3,652 | +92.5% |
| Suppliers | 440/4 | €3,948 | €7,600 | +€3,652 | +92.5% |
| Taxes, remuneration and social security | 45 | €8,808 | €13,313 | +€4,505 | +51.1% |
| Taxes | 450/3 | €8,808 | €13,313 | +€4,505 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,094 | €4,310 | +€216 | +5.3% |
| Other operating charges | 640/8 | €312 | €238 | -€74 | -23.7% |
| Gross operating margin | 9900 | €49,946 | €41,740 | -€8,206 | -16.4% |
| Operating profit (loss) | 9901 | €45,540 | €37,192 | -€8,348 | -18.3% |
| Financial income | 75/76B | €2,925 | €6,493 | +€3,568 | +122% |
| Recurring financial income | 75 | €2,925 | €6,493 | +€3,568 | +122% |
| Financial charges | 65/66B | €496 | €1,908 | +€1,412 | +285% |
| Recurring financial charges | 65 | €496 | €1,908 | +€1,412 | +285% |
| Profit (loss) for the period before taxes | 9903 | €47,969 | €41,777 | -€6,192 | -12.9% |
| Income taxes | 67/77 | €14,010 | €12,750 | -€1,260 | -9.0% |
| Profit (loss) for the period | 9904 | €33,959 | €29,027 | -€4,932 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,959 | €29,027 | -€4,932 | -14.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.