NEW TECHNELEC: 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.
NEW TECHNELEC
Largest movements
- Receivables within one year -€168,222
down €168,222 (-60.2%), from €279,423 to €111,201
of which Trade receivables: -€157,163
- Cash -€161,626
down €161,626 (-46.9%), from €344,666 to €183,040
mainly Net result for the year (-€205,086) and Trade debts (-€159,976)
- Tangible fixed assets -€42,283
down €42,283 (-66.0%), from €64,039 to €21,757
of which Furniture and vehicles: -€38,466
- Stocks and contracts -€20,296
down €20,296 (-56.5%), from €35,948 to €15,652
- Deferred charges and accrued income -€8,091
no longer reported in 2025 (was €8,091)
- Profit (loss) carried forward -€205,086
down €205,086 (-57.9%), from €353,937 to €148,851
- Trade debts -€159,976
down €159,976 (-96.4%), from €165,923 to €5,947
- Tax, wage and social debts -€35,907
down €35,907 (-67.6%), from €53,108 to €17,201
of which Remuneration and social security: -€39,903
- Turnover +€273,741
new in 2025: €273,741
- Gross operating margin -€255,972
down €255,972 (-79.1%), from €323,613 to €67,641
- Purchases and services +€234,224
new in 2025: €234,224
- Staff costs -€12,324
down €12,324 (-4.9%), from €251,082 to €238,758
- Taxes -€11,729
no longer reported in 2025 (was €11,729)
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 | €755,338 | €354,846 | -€400,492 | -53.0% |
| Formation expenses | 20 | €370 | €370 | = | 0.0% |
| Fixed assets | 21/28 | €86,840 | €44,583 | -€42,258 | -48.7% |
| Tangible fixed assets | 22/27 | €64,039 | €21,757 | -€42,283 | -66.0% |
| Land and buildings | 22 | €23,629 | €20,030 | -€3,600 | -15.2% |
| Plant, machinery and equipment | 23 | €1,944 | €1,727 | -€217 | -11.2% |
| Furniture and vehicles | 24 | €38,466 | - | -€38,466 | |
| Financial fixed assets | 28 | €22,801 | €22,826 | +€25 | +0.1% |
| Current assets | 29/58 | €668,128 | €309,894 | -€358,234 | -53.6% |
| Stocks and contracts in progress | 3 | €35,948 | €15,652 | -€20,296 | -56.5% |
| Stocks | 30/36 | €35,948 | €15,652 | -€20,296 | -56.5% |
| Amounts receivable within one year | 40/41 | €279,423 | €111,201 | -€168,222 | -60.2% |
| Trade receivables | 40 | €164,286 | €7,123 | -€157,163 | -95.7% |
| Other amounts receivable | 41 | €115,138 | €104,079 | -€11,059 | -9.6% |
| Cash at bank and in hand | 54/58 | €344,666 | €183,040 | -€161,626 | -46.9% |
| Deferred charges and accrued income | 490/1 | €8,091 | - | -€8,091 | |
| Total equity and liabilities | 10/49 | €755,338 | €354,846 | -€400,492 | -53.0% |
| Equity | 10/15 | €536,307 | €331,221 | -€205,086 | -38.2% |
| Contributions | 10/11 | €123,327 | €123,327 | = | 0.0% |
| Capital | 10 | €123,327 | €123,327 | = | 0.0% |
| Issued capital | 100 | €123,327 | €123,327 | = | 0.0% |
| Reserves | 13 | €59,043 | €59,043 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,333 | €32,333 | = | 0.0% |
| Legal reserve | 130 | €12,333 | €12,333 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €26,710 | €26,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | €353,937 | €148,851 | -€205,086 | -57.9% |
| Amounts payable | 17/49 | €219,031 | €23,626 | -€195,406 | -89.2% |
| Amounts payable within one year | 42/48 | €219,031 | €23,148 | -€195,884 | -89.4% |
| Trade debts | 44 | €165,923 | €5,947 | -€159,976 | -96.4% |
| Suppliers | 440/4 | €165,923 | €5,947 | -€159,976 | -96.4% |
| Taxes, remuneration and social security | 45 | €53,108 | €17,201 | -€35,907 | -67.6% |
| Taxes | 450/3 | €11,431 | €15,426 | +€3,995 | +35.0% |
| Remuneration and social security | 454/9 | €41,677 | €1,775 | -€39,903 | -95.7% |
| Accrued charges and deferred income | 492/3 | - | €478 | +€478 | |
| Turnover | 70 | - | €273,741 | +€273,741 | |
| Non-recurring operating income | 76A | - | €7,919 | +€7,919 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €234,224 | +€234,224 | |
| Remuneration, social security and pensions | 62 | €251,082 | €238,758 | -€12,324 | -4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,563 | €12,499 | -€8,064 | -39.2% |
| Other operating charges | 640/8 | €11,885 | €20,850 | +€8,965 | +75.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €323,613 | €67,641 | -€255,972 | -79.1% |
| Operating profit (loss) | 9901 | €40,083 | -€204,465 | -€244,548 | |
| Financial income | 75/76B | €42 | €841 | +€799 | +1906.2% |
| Recurring financial income | 75 | €42 | €841 | +€799 | +1906.2% |
| Financial charges | 65/66B | €3,024 | €1,462 | -€1,563 | -51.7% |
| Recurring financial charges | 65 | €3,024 | €1,462 | -€1,563 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €37,101 | -€205,086 | -€242,187 | |
| Income taxes | 67/77 | €11,729 | - | -€11,729 | |
| Profit (loss) for the period | 9904 | €25,371 | -€205,086 | -€230,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,371 | -€205,086 | -€230,457 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.