VIDEO TECHNICAL SERVICE: 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.
VIDEO TECHNICAL SERVICE
Largest movements
- Receivables within one year -€123,462
down €123,462 (-50.1%), from €246,228 to €122,766
of which Trade receivables: -€137,262
- Tangible fixed assets +€56,379
up €56,379 (+48.7%), from €115,742 to €172,121
of which Leasing and similar rights: +€56,624
- Cash +€45,538
up €45,538 (+178%), from €25,583 to €71,120
mainly Receivables within one year (+€123,462) and Depreciation (+€56,603)
- Intangible fixed assets -€4,776
down €4,776 (-49.3%), from €9,690 to €4,914
- Trade debts -€60,558
down €60,558 (-42.7%), from €141,850 to €81,292
- Debts after one year +€47,866
up €47,866 (+66.7%), from €71,789 to €119,656
- Contributions -€17,600
down €17,600 (-94.6%), from €18,600 to €1,000
- Short-term financial debts +€12,994
up €12,994 (+119%), from €10,958 to €23,951
- Tax, wage and social debts -€6,569
down €6,569 (-7.0%), from €93,258 to €86,689
of which Taxes: -€13,202
- Gross operating margin -€18,747
down €18,747 (-2.8%), from €667,998 to €649,251
- Depreciation +€11,821
up €11,821 (+26.4%), from €44,782 to €56,603
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 | €423,829 | €398,371 | -€25,458 | -6.0% |
| Fixed assets | 21/28 | €126,910 | €178,513 | +€51,603 | +40.7% |
| Intangible fixed assets | 21 | €9,690 | €4,914 | -€4,776 | -49.3% |
| Tangible fixed assets | 22/27 | €115,742 | €172,121 | +€56,379 | +48.7% |
| Plant, machinery and equipment | 23 | - | €2,403 | +€2,403 | |
| Furniture and vehicles | 24 | €3,112 | €465 | -€2,647 | -85.1% |
| Leasing and similar rights | 25 | €112,629 | €169,253 | +€56,624 | +50.3% |
| Financial fixed assets | 28 | €1,478 | €1,478 | = | 0.0% |
| Current assets | 29/58 | €296,919 | €219,858 | -€77,061 | -26.0% |
| Stocks and contracts in progress | 3 | €6,879 | €6,220 | -€659 | -9.6% |
| Stocks | 30/36 | €6,879 | €6,220 | -€659 | -9.6% |
| Amounts receivable within one year | 40/41 | €246,228 | €122,766 | -€123,462 | -50.1% |
| Trade receivables | 40 | €243,578 | €106,316 | -€137,262 | -56.4% |
| Other amounts receivable | 41 | €2,650 | €16,450 | +€13,800 | +521% |
| Cash at bank and in hand | 54/58 | €25,583 | €71,120 | +€45,538 | +178% |
| Deferred charges and accrued income | 490/1 | €18,229 | €19,751 | +€1,522 | +8.3% |
| Total equity and liabilities | 10/49 | €423,829 | €398,371 | -€25,458 | -6.0% |
| Equity | 10/15 | €18,600 | €1,003 | -€17,597 | -94.6% |
| Contributions | 10/11 | €18,600 | €1,000 | -€17,600 | -94.6% |
| Profit (loss) carried forward | 14 | - | €3 | +€3 | |
| Amounts payable | 17/49 | €405,229 | €397,368 | -€7,861 | -1.9% |
| Amounts payable after more than one year | 17 | €71,789 | €119,656 | +€47,866 | +66.7% |
| Financial debts | 170/4 | €71,789 | €119,656 | +€47,866 | +66.7% |
| Amounts payable within one year | 42/48 | €333,440 | €277,712 | -€55,727 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €44,237 | €47,555 | +€3,318 | +7.5% |
| Financial debts | 43 | €10,958 | €23,951 | +€12,994 | +119% |
| Other loans | 439 | €10,958 | €23,951 | +€12,994 | +119% |
| Trade debts | 44 | €141,850 | €81,292 | -€60,558 | -42.7% |
| Suppliers | 440/4 | €141,850 | €81,292 | -€60,558 | -42.7% |
| Taxes, remuneration and social security | 45 | €93,258 | €86,689 | -€6,569 | -7.0% |
| Taxes | 450/3 | €44,303 | €31,102 | -€13,202 | -29.8% |
| Remuneration and social security | 454/9 | €48,955 | €55,587 | +€6,632 | +13.5% |
| Other amounts payable | 47/48 | €43,136 | €38,225 | -€4,911 | -11.4% |
| Non-recurring operating income | 76A | - | €18,981 | +€18,981 | |
| Remuneration, social security and pensions | 62 | €538,884 | €537,146 | -€1,738 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,782 | €56,603 | +€11,821 | +26.4% |
| Other operating charges | 640/8 | €2,956 | €3,096 | +€140 | +4.7% |
| Non-recurring operating charges | 66A | - | €1,621 | +€1,621 | |
| Gross operating margin | 9900 | €667,998 | €649,251 | -€18,747 | -2.8% |
| Operating profit (loss) | 9901 | €81,376 | €50,786 | -€30,590 | -37.6% |
| Financial income | 75/76B | €382 | €189 | -€193 | -50.5% |
| Recurring financial income | 75 | €382 | €189 | -€193 | -50.5% |
| Financial charges | 65/66B | €5,979 | €9,412 | +€3,433 | +57.4% |
| Recurring financial charges | 65 | €5,979 | €9,412 | +€3,433 | +57.4% |
| Profit (loss) for the period before taxes | 9903 | €75,779 | €41,563 | -€34,216 | -45.2% |
| Income taxes | 67/77 | - | €3,560 | +€3,560 | |
| Profit (loss) for the period | 9904 | €75,779 | €38,003 | -€37,776 | -49.9% |
| Transfer from tax-exempt reserves | 789 | €3,100 | - | -€3,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,879 | €38,003 | -€40,876 | -51.8% |
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 25 October 2026 via checked.be.