TC-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.
TC-Technics
Largest movements
- Stocks and contracts -€30,500
down €30,500 (-60.4%), from €50,512 to €20,012
of which Stocks: -€28,000
- Tangible fixed assets +€11,004
up €11,004 (+3.8%), from €286,070 to €297,074
of which Plant, machinery and equipment: +€13,809
- Cash -€6,743
down €6,743 (-12.5%), from €54,095 to €47,352
mainly Investment in fixed assets (net) (-€43,548) and Trade debts (-€28,761)
- Receivables within one year -€4,818
down €4,818 (-5.5%), from €87,770 to €82,951
of which Other amounts receivable: -€3,699
- Profit (loss) carried forward +€34,511
new in 2025: €34,511
- Trade debts -€28,761
down €28,761 (-64.0%), from €44,933 to €16,172
- Debts after one year -€24,796
down €24,796 (-10.4%), from €237,591 to €212,794
- Other debts -€13,720
down €13,720 (-83.0%), from €16,536 to €2,815
- Gross operating margin +€3,016
up €3,016 (+3.3%), from €90,419 to €93,435
- Depreciation +€2,218
up €2,218 (+7.3%), from €30,326 to €32,544
- Other operating charges -€1,448
down €1,448 (-38.3%), from €3,781 to €2,332
- Financial income -€1,307
down €1,307 (-98.0%), from €1,334 to €27
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 | €480,868 | €449,143 | -€31,725 | -6.6% |
| Fixed assets | 21/28 | €286,070 | €297,074 | +€11,004 | +3.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €286,070 | €297,074 | +€11,004 | +3.8% |
| Land and buildings | 22 | €197,619 | €192,662 | -€4,957 | -2.5% |
| Plant, machinery and equipment | 23 | €7,243 | €21,052 | +€13,809 | +190.7% |
| Furniture and vehicles | 24 | €81,209 | €83,360 | +€2,152 | +2.6% |
| Current assets | 29/58 | €194,798 | €152,068 | -€42,729 | -21.9% |
| Stocks and contracts in progress | 3 | €50,512 | €20,012 | -€30,500 | -60.4% |
| Stocks | 30/36 | €40,512 | €12,512 | -€28,000 | -69.1% |
| Contracts in progress | 37 | €10,000 | €7,500 | -€2,500 | -25.0% |
| Amounts receivable within one year | 40/41 | €87,770 | €82,951 | -€4,818 | -5.5% |
| Trade receivables | 40 | €54,919 | €53,800 | -€1,120 | -2.0% |
| Other amounts receivable | 41 | €32,851 | €29,152 | -€3,699 | -11.3% |
| Cash at bank and in hand | 54/58 | €54,095 | €47,352 | -€6,743 | -12.5% |
| Deferred charges and accrued income | 490/1 | €2,421 | €1,753 | -€668 | -27.6% |
| Total equity and liabilities | 10/49 | €480,868 | €449,143 | -€31,725 | -6.6% |
| Equity | 10/15 | €136,047 | €170,558 | +€34,511 | +25.4% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €132,547 | €132,547 | = | 0.0% |
| Distributable reserves | 133 | €132,547 | €132,547 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €34,511 | +€34,511 | |
| Amounts payable | 17/49 | €344,821 | €278,585 | -€66,236 | -19.2% |
| Amounts payable after more than one year | 17 | €237,591 | €212,794 | -€24,796 | -10.4% |
| Financial debts | 170/4 | €237,591 | €212,794 | -€24,796 | -10.4% |
| Amounts payable within one year | 42/48 | €107,230 | €65,181 | -€42,050 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €45,023 | €45,320 | +€298 | +0.7% |
| Trade debts | 44 | €44,933 | €16,172 | -€28,761 | -64.0% |
| Suppliers | 440/4 | €44,933 | €16,172 | -€28,761 | -64.0% |
| Taxes, remuneration and social security | 45 | €739 | €873 | +€134 | +18.1% |
| Taxes | 450/3 | €739 | €873 | +€134 | +18.1% |
| Other amounts payable | 47/48 | €16,536 | €2,815 | -€13,720 | -83.0% |
| Accrued charges and deferred income | 492/3 | €0 | €610 | +€610 | |
| Non-recurring operating income | 76A | - | €9,283 | +€9,283 | |
| Remuneration, social security and pensions | 62 | €791 | -€0 | -€792 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,326 | €32,544 | +€2,218 | +7.3% |
| Other operating charges | 640/8 | €3,781 | €2,332 | -€1,448 | -38.3% |
| Gross operating margin | 9900 | €90,419 | €93,435 | +€3,016 | +3.3% |
| Operating profit (loss) | 9901 | €55,521 | €58,559 | +€3,038 | +5.5% |
| Financial income | 75/76B | €1,334 | €27 | -€1,307 | -98.0% |
| Recurring financial income | 75 | €1,334 | €27 | -€1,307 | -98.0% |
| Financial charges | 65/66B | €11,722 | €11,685 | -€37 | -0.3% |
| Recurring financial charges | 65 | €11,722 | €11,685 | -€37 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €45,133 | €46,901 | +€1,768 | +3.9% |
| Income taxes | 67/77 | €11,480 | €10,724 | -€755 | -6.6% |
| Profit (loss) for the period | 9904 | €33,653 | €36,177 | +€2,523 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,653 | €36,177 | +€2,523 | +7.5% |
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 11 October 2026 via checked.be.