IN TECTIS: 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.
IN TECTIS
Largest movements
- Tangible fixed assets +€25,566
up €25,566 (+78.1%), from €32,737 to €58,303
of which Furniture and vehicles: +€16,093
- Receivables within one year +€16,390
up €16,390 (+109%), from €15,000 to €31,390
- Cash -€13,219
down €13,219 (-42.4%), from €31,196 to €17,977
mainly Investment in fixed assets (net) (-€47,530) and Receivables within one year (-€16,390)
- Receivables after one year -€5,920
no longer reported in 2025 (was €5,920)
- Other debts +€16,837
new in 2025: €16,837
- Profit (loss) carried forward +€3,615
up €3,615 (+6.0%), from €60,072 to €63,688
- Tax, wage and social debts +€3,228
up €3,228 (+33.8%), from €9,548 to €12,775
of which Taxes: +€3,312
- Other operating charges -€21,883
down €21,883 (-63.8%), from €34,307 to €12,424
- Gross operating margin -€11,292
down €11,292 (-10.8%), from €104,982 to €93,690
- Depreciation +€7,543
up €7,543 (+52.3%), from €14,422 to €21,965
- Financial charges +€4,311
up €4,311 (+9.7%), from €44,662 to €48,972
- Taxes -€3,880
down €3,880 (-36.6%), from €10,594 to €6,714
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 | €192,183 | €214,447 | +€22,264 | +11.6% |
| Fixed assets | 21/28 | €121,215 | €146,780 | +€25,566 | +21.1% |
| Intangible fixed assets | 21 | €87,147 | €87,147 | = | 0.0% |
| Tangible fixed assets | 22/27 | €32,737 | €58,303 | +€25,566 | +78.1% |
| Plant, machinery and equipment | 23 | €6,107 | €10,913 | +€4,807 | +78.7% |
| Furniture and vehicles | 24 | €20,148 | €36,241 | +€16,093 | +79.9% |
| Other tangible fixed assets | 26 | €6,482 | €11,149 | +€4,666 | +72.0% |
| Financial fixed assets | 28 | €1,330 | €1,330 | = | 0.0% |
| Current assets | 29/58 | €70,968 | €67,667 | -€3,301 | -4.7% |
| Amounts receivable after more than one year | 29 | €5,920 | - | -€5,920 | |
| Trade receivables | 290 | €5,920 | - | -€5,920 | |
| Amounts receivable within one year | 40/41 | €15,000 | €31,390 | +€16,390 | +109% |
| Trade receivables | 40 | €15,000 | €31,390 | +€16,390 | +109% |
| Current investments | 50/53 | €16,200 | €16,200 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,196 | €17,977 | -€13,219 | -42.4% |
| Deferred charges and accrued income | 490/1 | €2,651 | €2,100 | -€552 | -20.8% |
| Total equity and liabilities | 10/49 | €192,183 | €214,447 | +€22,264 | +11.6% |
| Equity | 10/15 | €180,532 | €184,148 | +€3,615 | +2.0% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,072 | €63,688 | +€3,615 | +6.0% |
| Amounts payable | 17/49 | €11,650 | €30,300 | +€18,649 | +160% |
| Amounts payable within one year | 42/48 | €11,650 | €30,300 | +€18,649 | +160% |
| Trade debts | 44 | €2,103 | €687 | -€1,416 | -67.3% |
| Suppliers | 440/4 | €2,103 | €687 | -€1,416 | -67.3% |
| Taxes, remuneration and social security | 45 | €9,548 | €12,775 | +€3,228 | +33.8% |
| Taxes | 450/3 | €9,464 | €12,775 | +€3,312 | +35.0% |
| Remuneration and social security | 454/9 | €84 | - | -€84 | |
| Other amounts payable | 47/48 | - | €16,837 | +€16,837 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,422 | €21,965 | +€7,543 | +52.3% |
| Other operating charges | 640/8 | €34,307 | €12,424 | -€21,883 | -63.8% |
| Gross operating margin | 9900 | €104,982 | €93,690 | -€11,292 | -10.8% |
| Operating profit (loss) | 9901 | €56,253 | €59,301 | +€3,048 | +5.4% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €44,662 | €48,972 | +€4,311 | +9.7% |
| Recurring financial charges | 65 | €44,662 | €48,972 | +€4,311 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €11,607 | €10,329 | -€1,278 | -11.0% |
| Income taxes | 67/77 | €10,594 | €6,714 | -€3,880 | -36.6% |
| Profit (loss) for the period | 9904 | €1,013 | €3,615 | +€2,602 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €1,013 | €3,615 | +€2,602 | +257% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.