B-TECC: 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.
B-TECC
Largest movements
- Financial fixed assets +€800,000
new in 2025: €800,000
- Current investments -€175,000
down €175,000 (-73.7%), from €237,549 to €62,549
- Cash +€26,579
up €26,579 (+49.2%), from €53,994 to €80,573
mainly Debts after one year (+€553,649) and Current investments (+€175,000)
- Receivables within one year -€26,158
no longer reported in 2025 (was €26,158)
- Deferred charges and accrued income +€16,677
up €16,677 (+521.8%), from €3,196 to €19,873
- Debts after one year +€553,649
new in 2025: €553,649
- Current portion of long-term debt +€38,093
new in 2025: €38,093
- Tax, wage and social debts +€19,589
up €19,589 (+52.1%), from €37,593 to €57,183
- Reserves +€18,383
up €18,383 (+3.7%), from €501,053 to €519,436
- Gross operating margin +€115,801
up €115,801 (+87.0%), from €133,179 to €248,980
- Taxes +€40,767
up €40,767 (+98.6%), from €41,328 to €82,095
- Financial income -€4,824
down €4,824 (-25.5%), from €18,927 to €14,103
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 | €622,032 | €1,266,189 | +€644,157 | +103.6% |
| Fixed assets | 21/28 | €1,135 | €803,194 | +€802,059 | +70666.0% |
| Tangible fixed assets | 22/27 | €1,135 | €3,194 | +€2,059 | +181.4% |
| Plant, machinery and equipment | 23 | €1,135 | €3,194 | +€2,059 | +181.4% |
| Financial fixed assets | 28 | - | €800,000 | +€800,000 | |
| Current assets | 29/58 | €620,897 | €462,995 | -€157,902 | -25.4% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €26,158 | - | -€26,158 | |
| Trade receivables | 40 | €26,158 | - | -€26,158 | |
| Current investments | 50/53 | €237,549 | €62,549 | -€175,000 | -73.7% |
| Cash at bank and in hand | 54/58 | €53,994 | €80,573 | +€26,579 | +49.2% |
| Deferred charges and accrued income | 490/1 | €3,196 | €19,873 | +€16,677 | +521.8% |
| Total equity and liabilities | 10/49 | €622,032 | €1,266,189 | +€644,157 | +103.6% |
| Equity | 10/15 | €507,253 | €525,636 | +€18,383 | +3.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €501,053 | €519,436 | +€18,383 | +3.7% |
| Distributable reserves | 133 | €501,053 | €519,436 | +€18,383 | +3.7% |
| Amounts payable | 17/49 | €114,779 | €740,553 | +€625,774 | +545.2% |
| Amounts payable after more than one year | 17 | - | €553,649 | +€553,649 | |
| Financial debts | 170/4 | - | €553,649 | +€553,649 | |
| Amounts payable within one year | 42/48 | €114,779 | €186,904 | +€72,125 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | - | €38,093 | +€38,093 | |
| Trade debts | 44 | €699 | €4,626 | +€3,927 | +561.8% |
| Suppliers | 440/4 | €699 | €4,626 | +€3,927 | +561.8% |
| Taxes, remuneration and social security | 45 | €37,593 | €57,183 | +€19,589 | +52.1% |
| Taxes | 450/3 | €37,593 | €57,183 | +€19,589 | +52.1% |
| Other amounts payable | 47/48 | €76,487 | €87,002 | +€10,515 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €424 | €726 | +€302 | +71.3% |
| Other operating charges | 640/8 | €1,041 | €936 | -€106 | -10.1% |
| Gross operating margin | 9900 | €133,179 | €248,980 | +€115,801 | +87.0% |
| Operating profit (loss) | 9901 | €131,714 | €247,318 | +€115,604 | +87.8% |
| Financial income | 75/76B | €18,927 | €14,103 | -€4,824 | -25.5% |
| Recurring financial income | 75 | €18,927 | €14,103 | -€4,824 | -25.5% |
| Financial charges | 65/66B | €10,158 | €12,444 | +€2,286 | +22.5% |
| Recurring financial charges | 65 | €10,158 | €12,444 | +€2,286 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €140,484 | €248,978 | +€108,494 | +77.2% |
| Income taxes | 67/77 | €41,328 | €82,095 | +€40,767 | +98.6% |
| Profit (loss) for the period | 9904 | €99,156 | €166,883 | +€67,726 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,156 | €166,883 | +€67,726 | +68.3% |
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 7 October 2026 via checked.be.