TECHNOLOGY TRANSIT: 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 TRANSIT
Largest movements
- Receivables after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Tangible fixed assets +€32,889
up €32,889 (+19.0%), from €173,340 to €206,229
of which Furniture and vehicles: +€41,115
- Stocks and contracts -€31,080
down €31,080 (-100.0%), from €31,080 to €0
- Deferred charges and accrued income -€23,656
down €23,656 (-89.6%), from €26,402 to €2,746
- Receivables within one year +€20,675
up €20,675 (+42.0%), from €49,179 to €69,854
of which Trade receivables: +€30,768
- Other debts -€107,571
down €107,571 (-68.4%), from €157,347 to €49,776
- Reserves +€41,013
up €41,013 (+22.8%), from €179,925 to €220,938
- Trade debts -€31,113
down €31,113 (-91.1%), from €34,162 to €3,049
- Tax, wage and social debts +€16,082
up €16,082 (+573.7%), from €2,803 to €18,886
- Accrued charges and deferred income -€4,693
down €4,693 (-100.0%), from €4,693 to €0
- Gross operating margin +€40,548
up €40,548 (+120.9%), from €33,525 to €74,073
- Taxes +€14,589
up €14,589 (+214.2%), from €6,810 to €21,399
- Depreciation +€5,667
up €5,667 (+52.9%), from €10,714 to €16,381
- Financial income +€5,483
up €5,483 (+162.6%), from €3,371 to €8,853
- Financial charges -€3,242
down €3,242 (-68.5%), from €4,729 to €1,488
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €400,234 | €311,261 | -€88,973 | -22.2% |
| Fixed assets | 21/28 | €173,340 | €206,229 | +€32,889 | +19.0% |
| Tangible fixed assets | 22/27 | €173,340 | €206,229 | +€32,889 | +19.0% |
| Land and buildings | 22 | €170,490 | €162,264 | -€8,226 | -4.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,849 | €43,964 | +€41,115 | +1443.0% |
| Current assets | 29/58 | €226,895 | €105,032 | -€121,862 | -53.7% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100.0% |
| Trade receivables | 290 | €100,000 | €0 | -€100,000 | -100.0% |
| Stocks and contracts in progress | 3 | €31,080 | €0 | -€31,080 | -100.0% |
| Stocks | 30/36 | €31,080 | €0 | -€31,080 | -100.0% |
| Amounts receivable within one year | 40/41 | €49,179 | €69,854 | +€20,675 | +42.0% |
| Trade receivables | 40 | €35,481 | €66,250 | +€30,768 | +86.7% |
| Other amounts receivable | 41 | €13,697 | €3,604 | -€10,093 | -73.7% |
| Cash at bank and in hand | 54/58 | €20,234 | €32,432 | +€12,198 | +60.3% |
| Deferred charges and accrued income | 490/1 | €26,402 | €2,746 | -€23,656 | -89.6% |
| Total equity and liabilities | 10/49 | €400,234 | €311,261 | -€88,973 | -22.2% |
| Equity | 10/15 | €198,537 | €239,550 | +€41,013 | +20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,925 | €220,938 | +€41,013 | +22.8% |
| Distributable reserves | 133 | €179,925 | €220,938 | +€41,013 | +22.8% |
| Profit (loss) carried forward | 14 | €11 | €11 | = | 0.0% |
| Amounts payable | 17/49 | €201,698 | €71,711 | -€129,986 | -64.4% |
| Amounts payable within one year | 42/48 | €197,004 | €71,711 | -€125,293 | -63.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €34,162 | €3,049 | -€31,113 | -91.1% |
| Suppliers | 440/4 | €34,162 | €3,049 | -€31,113 | -91.1% |
| Advances received on contracts in progress | 46 | €2,692 | €0 | -€2,692 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,803 | €18,886 | +€16,082 | +573.7% |
| Taxes | 450/3 | €2,803 | €18,886 | +€16,082 | +573.7% |
| Other amounts payable | 47/48 | €157,347 | €49,776 | -€107,571 | -68.4% |
| Accrued charges and deferred income | 492/3 | €4,693 | €0 | -€4,693 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,714 | €16,381 | +€5,667 | +52.9% |
| Other operating charges | 640/8 | €2,539 | €2,646 | +€108 | +4.2% |
| Gross operating margin | 9900 | €33,525 | €74,073 | +€40,548 | +120.9% |
| Operating profit (loss) | 9901 | €20,273 | €55,046 | +€34,773 | +171.5% |
| Financial income | 75/76B | €3,371 | €8,853 | +€5,483 | +162.6% |
| Recurring financial income | 75 | €3,371 | €8,853 | +€5,483 | +162.6% |
| Financial charges | 65/66B | €4,729 | €1,488 | -€3,242 | -68.5% |
| Recurring financial charges | 65 | €4,729 | €1,488 | -€3,242 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €18,915 | €62,412 | +€43,498 | +230.0% |
| Income taxes | 67/77 | €6,810 | €21,399 | +€14,589 | +214.2% |
| Profit (loss) for the period | 9904 | €12,105 | €41,013 | +€28,908 | +238.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,105 | €41,013 | +€28,908 | +238.8% |
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 30 September 2026 via checked.be.