TD 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.
TD TECHNICS
Largest movements
- Receivables within one year +€12,556
up €12,556 (+31.4%), from €40,020 to €52,576
of which Other amounts receivable: +€13,789
- Cash -€11,943
down €11,943 (-15.1%), from €78,997 to €67,054
mainly Contributions, distributions and other (-€20,000) and Receivables within one year (-€12,556)
- Stocks and contracts +€9,350
up €9,350 (+130%), from €7,196 to €16,546
- Tangible fixed assets +€7,061
up €7,061 (+68.6%), from €10,299 to €17,360
of which Furniture and vehicles: +€6,128
- Trade debts +€28,584
up €28,584 (+139%), from €20,507 to €49,091
- Other debts +€20,151
up €20,151 (+288%), from €7,006 to €27,157
- Reserves -€20,000
down €20,000 (-36.6%), from €54,577 to €34,577
of which Distributable reserves: -€20,000
- Profit (loss) carried forward -€9,751
down €9,751 (-24.7%), from €39,474 to €29,723
- Accrued charges and deferred income -€1,714
down €1,714 (-59.2%), from €2,893 to €1,179
- Gross operating margin -€14,537
down €14,537, from €10,439 to -€4,098
- Taxes -€1,883
down €1,883 (-98.4%), from €1,913 to €30
- Depreciation +€1,213
up €1,213 (+36.4%), from €3,330 to €4,543
- Financial income -€774
down €774 (-98.6%), from €785 to €11
- Other operating charges +€338
up €338 (+57.6%), from €587 to €925
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 | €138,306 | €155,226 | +€16,920 | +12.2% |
| Fixed assets | 21/28 | €10,299 | €17,360 | +€7,061 | +68.6% |
| Tangible fixed assets | 22/27 | €10,299 | €17,360 | +€7,061 | +68.6% |
| Plant, machinery and equipment | 23 | €10,299 | €11,232 | +€933 | +9.1% |
| Furniture and vehicles | 24 | - | €6,128 | +€6,128 | |
| Current assets | 29/58 | €128,007 | €137,866 | +€9,859 | +7.7% |
| Stocks and contracts in progress | 3 | €7,196 | €16,546 | +€9,350 | +130% |
| Stocks | 30/36 | €7,196 | €16,546 | +€9,350 | +130% |
| Amounts receivable within one year | 40/41 | €40,020 | €52,576 | +€12,556 | +31.4% |
| Trade receivables | 40 | €32,769 | €31,536 | -€1,233 | -3.8% |
| Other amounts receivable | 41 | €7,251 | €21,040 | +€13,789 | +190% |
| Cash at bank and in hand | 54/58 | €78,997 | €67,054 | -€11,943 | -15.1% |
| Deferred charges and accrued income | 490/1 | €1,794 | €1,690 | -€104 | -5.8% |
| Total equity and liabilities | 10/49 | €138,306 | €155,226 | +€16,920 | +12.2% |
| Equity | 10/15 | €100,251 | €70,500 | -€29,751 | -29.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,577 | €34,577 | -€20,000 | -36.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,717 | €32,717 | -€20,000 | -37.9% |
| Profit (loss) carried forward | 14 | €39,474 | €29,723 | -€9,751 | -24.7% |
| Amounts payable | 17/49 | €38,055 | €84,726 | +€46,671 | +123% |
| Amounts payable within one year | 42/48 | €35,162 | €83,547 | +€48,385 | +138% |
| Trade debts | 44 | €20,507 | €49,091 | +€28,584 | +139% |
| Suppliers | 440/4 | €20,507 | €49,091 | +€28,584 | +139% |
| Taxes, remuneration and social security | 45 | €7,649 | €7,299 | -€350 | -4.6% |
| Taxes | 450/3 | €5,663 | €5,313 | -€350 | -6.2% |
| Remuneration and social security | 454/9 | €1,986 | €1,986 | = | 0.0% |
| Other amounts payable | 47/48 | €7,006 | €27,157 | +€20,151 | +288% |
| Accrued charges and deferred income | 492/3 | €2,893 | €1,179 | -€1,714 | -59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,330 | €4,543 | +€1,213 | +36.4% |
| Other operating charges | 640/8 | €587 | €925 | +€338 | +57.6% |
| Gross operating margin | 9900 | €10,439 | -€4,098 | -€14,537 | |
| Operating profit (loss) | 9901 | €6,522 | -€9,566 | -€16,088 | |
| Financial income | 75/76B | €785 | €11 | -€774 | -98.6% |
| Recurring financial income | 75 | €785 | €11 | -€774 | -98.6% |
| Financial charges | 65/66B | €177 | €166 | -€11 | -6.2% |
| Recurring financial charges | 65 | €177 | €166 | -€11 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €7,130 | -€9,721 | -€16,851 | |
| Income taxes | 67/77 | €1,913 | €30 | -€1,883 | -98.4% |
| Profit (loss) for the period | 9904 | €5,217 | -€9,751 | -€14,968 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,217 | -€9,751 | -€14,968 |
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 23 October 2026 via checked.be.