VA Technics: 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.
VA Technics
Largest movements
- Receivables within one year -€171,022
down €171,022 (-71.7%), from €238,551 to €67,530
of which Trade receivables: -€149,089
- Tangible fixed assets -€60,748
down €60,748 (-17.5%), from €347,201 to €286,453
of which Furniture and vehicles: -€57,021
- Cash +€39,337
up €39,337 (+85.7%), from €45,882 to €85,219
mainly Receivables within one year (+€171,022) and Depreciation (+€60,748)
- Trade debts -€149,376
down €149,376 (-94.0%), from €158,839 to €9,462
- Reserves -€25,508
down €25,508 (-6.7%), from €381,203 to €355,694
of which Distributable reserves: -€25,508
- Other debts -€9,838
down €9,838 (-16.8%), from €58,461 to €48,623
- Depreciation +€27,341
up €27,341 (+81.8%), from €33,407 to €60,748
- Taxes -€7,793
down €7,793 (-46.6%), from €16,736 to €8,943
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 | €648,433 | €456,250 | -€192,183 | -29.6% |
| Fixed assets | 21/28 | €347,201 | €286,453 | -€60,748 | -17.5% |
| Tangible fixed assets | 22/27 | €347,201 | €286,453 | -€60,748 | -17.5% |
| Land and buildings | 22 | €201,194 | €197,467 | -€3,727 | -1.9% |
| Furniture and vehicles | 24 | €146,008 | €88,987 | -€57,021 | -39.1% |
| Current assets | 29/58 | €301,231 | €169,797 | -€131,434 | -43.6% |
| Stocks and contracts in progress | 3 | €15,065 | €15,512 | +€446 | +3.0% |
| Stocks | 30/36 | €15,065 | €15,512 | +€446 | +3.0% |
| Amounts receivable within one year | 40/41 | €238,551 | €67,530 | -€171,022 | -71.7% |
| Trade receivables | 40 | €190,164 | €41,075 | -€149,089 | -78.4% |
| Other amounts receivable | 41 | €48,387 | €26,455 | -€21,933 | -45.3% |
| Cash at bank and in hand | 54/58 | €45,882 | €85,219 | +€39,337 | +85.7% |
| Deferred charges and accrued income | 490/1 | €1,733 | €1,537 | -€196 | -11.3% |
| Total equity and liabilities | 10/49 | €648,433 | €456,250 | -€192,183 | -29.6% |
| Equity | 10/15 | €387,400 | €361,892 | -€25,508 | -6.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €381,203 | €355,694 | -€25,508 | -6.7% |
| Non-distributable reserves | 130/1 | €1,934 | €1,934 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,934 | €1,934 | = | 0.0% |
| Distributable reserves | 133 | €379,269 | €353,761 | -€25,508 | -6.7% |
| Amounts payable | 17/49 | €261,033 | €94,358 | -€166,674 | -63.9% |
| Amounts payable after more than one year | 17 | €22,093 | €18,086 | -€4,007 | -18.1% |
| Financial debts | 170/4 | €22,093 | €18,086 | -€4,007 | -18.1% |
| Amounts payable within one year | 42/48 | €238,940 | €76,272 | -€162,668 | -68.1% |
| Current portion of amounts payable after more than one year | 42 | €3,946 | €4,007 | +€61 | +1.5% |
| Financial debts | 43 | €8,790 | €8,751 | -€39 | -0.4% |
| Credit institutions | 430/8 | €8,790 | €8,751 | -€39 | -0.4% |
| Trade debts | 44 | €158,839 | €9,462 | -€149,376 | -94.0% |
| Suppliers | 440/4 | €158,839 | €9,462 | -€149,376 | -94.0% |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €3,905 | €5,430 | +€1,525 | +39.1% |
| Taxes | 450/3 | €869 | €2,394 | +€1,525 | +175.6% |
| Remuneration and social security | 454/9 | €3,036 | €3,036 | = | 0.0% |
| Other amounts payable | 47/48 | €58,461 | €48,623 | -€9,838 | -16.8% |
| Remuneration, social security and pensions | 62 | €145 | €607 | +€463 | +320.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,407 | €60,748 | +€27,341 | +81.8% |
| Other operating charges | 640/8 | €1,833 | €2,449 | +€616 | +33.6% |
| Gross operating margin | 9900 | €95,532 | €95,128 | -€404 | -0.4% |
| Operating profit (loss) | 9901 | €60,147 | €31,323 | -€28,824 | -47.9% |
| Financial income | 75/76B | €687 | €350 | -€338 | -49.1% |
| Recurring financial income | 75 | €687 | €350 | -€338 | -49.1% |
| Financial charges | 65/66B | €1,963 | €1,532 | -€430 | -21.9% |
| Recurring financial charges | 65 | €1,963 | €1,532 | -€430 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €58,872 | €30,141 | -€28,731 | -48.8% |
| Income taxes | 67/77 | €16,736 | €8,943 | -€7,793 | -46.6% |
| Profit (loss) for the period | 9904 | €42,136 | €21,198 | -€20,938 | -49.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,136 | €21,198 | -€20,938 | -49.7% |
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 5 October 2026 via checked.be.