Varia Technics: 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.
Varia Technics
Largest movements
- Cash +€15,935
up €15,935 (+44.8%), from €35,565 to €51,499
mainly Trade debts (+€17,154) and Net result for the year (+€11,551)
- Receivables within one year +€13,235
up €13,235 (+33.0%), from €40,068 to €53,303
of which Trade receivables: +€19,090
- Tangible fixed assets -€1,911
down €1,911 (-27.3%), from €6,998 to €5,086
- Trade debts +€17,154
up €17,154 (+55.2%), from €31,062 to €48,216
of which Suppliers: +€13,729
- Profit (loss) carried forward +€11,551
up €11,551 (+628%), from €1,840 to €13,391
- Advances received +€3,472
up €3,472 (+54.9%), from €6,330 to €9,802
- Other debts -€3,446
down €3,446 (-16.0%), from €21,497 to €18,052
- Gross operating margin +€2,234
up €2,234 (+14.5%), from €15,428 to €17,662
- Depreciation +€1,540
up €1,540 (+415%), from €371 to €1,911
- Financial charges +€502
up €502 (+104%), from €485 to €987
- Provisions +€248
up €248 (+95.0%), from €261 to €509
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 | €93,750 | €122,402 | +€28,652 | +30.6% |
| Fixed assets | 21/28 | €7,468 | €5,556 | -€1,911 | -25.6% |
| Tangible fixed assets | 22/27 | €6,998 | €5,086 | -€1,911 | -27.3% |
| Furniture and vehicles | 24 | €6,998 | €5,086 | -€1,911 | -27.3% |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €86,282 | €116,845 | +€30,563 | +35.4% |
| Stocks and contracts in progress | 3 | €8,856 | €9,865 | +€1,008 | +11.4% |
| Stocks | 30/36 | €8,856 | €9,865 | +€1,008 | +11.4% |
| Amounts receivable within one year | 40/41 | €40,068 | €53,303 | +€13,235 | +33.0% |
| Trade receivables | 40 | €31,409 | €50,499 | +€19,090 | +60.8% |
| Other amounts receivable | 41 | €8,658 | €2,804 | -€5,855 | -67.6% |
| Cash at bank and in hand | 54/58 | €35,565 | €51,499 | +€15,935 | +44.8% |
| Deferred charges and accrued income | 490/1 | €1,793 | €2,178 | +€385 | +21.5% |
| Total equity and liabilities | 10/49 | €93,750 | €122,402 | +€28,652 | +30.6% |
| Equity | 10/15 | €29,614 | €41,165 | +€11,551 | +39.0% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €17,574 | €17,574 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,714 | €15,714 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,840 | €13,391 | +€11,551 | +628% |
| Provisions and deferred taxes | 16 | €2,137 | €2,647 | +€509 | +23.8% |
| Provisions for liabilities and charges | 160/5 | €2,137 | €2,647 | +€509 | +23.8% |
| Other liabilities and charges | 164/5 | €2,137 | €2,647 | +€509 | +23.8% |
| Amounts payable | 17/49 | €61,998 | €78,590 | +€16,591 | +26.8% |
| Amounts payable within one year | 42/48 | €61,998 | €78,590 | +€16,591 | +26.8% |
| Trade debts | 44 | €31,062 | €48,216 | +€17,154 | +55.2% |
| Suppliers | 440/4 | €31,062 | €44,791 | +€13,729 | +44.2% |
| Bills of exchange payable | 441 | - | €3,425 | +€3,425 | |
| Advances received on contracts in progress | 46 | €6,330 | €9,802 | +€3,472 | +54.9% |
| Taxes, remuneration and social security | 45 | €3,110 | €2,520 | -€590 | -19.0% |
| Taxes | 450/3 | €3,110 | €2,520 | -€590 | -19.0% |
| Other amounts payable | 47/48 | €21,497 | €18,052 | -€3,446 | -16.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €1,911 | +€1,540 | +415% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €261 | €509 | +€248 | +95.0% |
| Other operating charges | 640/8 | €2,246 | €2,345 | +€99 | +4.4% |
| Non-recurring operating charges | 66A | €10,871 | €0 | -€10,871 | -100% |
| Gross operating margin | 9900 | €15,428 | €17,662 | +€2,234 | +14.5% |
| Operating profit (loss) | 9901 | €1,678 | €12,896 | +€11,218 | +668% |
| Financial income | 75/76B | €98 | €46 | -€52 | -52.8% |
| Recurring financial income | 75 | €98 | €46 | -€52 | -52.8% |
| Financial charges | 65/66B | €485 | €987 | +€502 | +104% |
| Recurring financial charges | 65 | €485 | €987 | +€502 | +104% |
| Profit (loss) for the period before taxes | 9903 | €1,291 | €11,955 | +€10,664 | +826% |
| Income taxes | 67/77 | €412 | €404 | -€9 | -2.1% |
| Profit (loss) for the period | 9904 | €879 | €11,551 | +€10,672 | +1,214% |
| Profit (loss) for the period to be appropriated | 9905 | €879 | €11,551 | +€10,672 | +1,214% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.