TEC-ALU: what changed
What changed
TEC-ALU
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
filed annual accounts (NBB)
Net result for the year
€122,207
2024 · €47,051+€75,156
Equity
€418,142
2024 · €295,935+€122,207
Cash
€168,756
2024 · €102,259+€66,497
Balance sheet total
€482,274
2024 · €385,596+€96,678
Largest movements
Assets
- Cash +€66,497
up €66,497 (+65.0%), from €102,259 to €168,756
mainly Net result for the year (+€122,207) and Stocks and contracts (+€2,489)
- Tangible fixed assets +€28,627
up €28,627 (+3,466%), from €826 to €29,453
of which Plant, machinery and equipment: +€29,453
Equity and liabilities
- Profit (loss) carried forward +€122,207
up €122,207 (+187%), from €65,463 to €187,670
- Trade debts -€25,940
down €25,940 (-53.1%), from €48,822 to €22,882
Income statement
- Gross operating margin +€104,525
up €104,525 (+154%), from €67,856 to €172,381
- Taxes +€29,124
up €29,124 (+175%), from €16,627 to €45,751
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€47,051
Gross operating margin
+€104,525
Depreciation
-€74
Write-downs
-€1,432
Other operating charges
+€387
Financial income
-€1
Financial charges
+€875
Taxes
-€29,124
Result 2025
€122,207
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€96,498
Investment
-€30,001
Financing
€0
Cash 2024
€102,259
From operations (derived)
+€96,498
Net result for the year
+€122,207
Depreciation
+€1,374
Stocks and contracts
+€2,489
Receivables within one year
-€4,043
Trade debts
-€25,940
Tax, wage and social debts
+€1,619
Other debts
-€1,208
Investment (derived)
-€30,001
Investment in fixed assets (net)
-€30,001
Cash 2025
€168,756
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,596 | €482,274 | +€96,678 | +25.1% |
| Fixed assets | 21/28 | €1,707 | €30,334 | +€28,627 | +1,677% |
| Tangible fixed assets | 22/27 | €826 | €29,453 | +€28,627 | +3,466% |
| Plant, machinery and equipment | 23 | - | €29,453 | +€29,453 | |
| Furniture and vehicles | 24 | €826 | - | -€826 | |
| Financial fixed assets | 28 | €881 | €881 | = | 0.0% |
| Current assets | 29/58 | €383,889 | €451,940 | +€68,051 | +17.7% |
| Stocks and contracts in progress | 3 | €210,224 | €207,735 | -€2,489 | -1.2% |
| Stocks | 30/36 | €210,224 | €207,735 | -€2,489 | -1.2% |
| Amounts receivable within one year | 40/41 | €71,406 | €75,449 | +€4,043 | +5.7% |
| Trade receivables | 40 | €71,406 | €64,495 | -€6,911 | -9.7% |
| Other amounts receivable | 41 | - | €10,954 | +€10,954 | |
| Cash at bank and in hand | 54/58 | €102,259 | €168,756 | +€66,497 | +65.0% |
| Total equity and liabilities | 10/49 | €385,596 | €482,274 | +€96,678 | +25.1% |
| Equity | 10/15 | €295,935 | €418,142 | +€122,207 | +41.3% |
| Contributions | 10/11 | €209,520 | €209,520 | = | 0.0% |
| Capital | 10 | €209,520 | €209,520 | = | 0.0% |
| Issued capital | 100 | €209,520 | €209,520 | = | 0.0% |
| Reserves | 13 | €20,952 | €20,952 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,952 | €20,952 | = | 0.0% |
| Legal reserve | 130 | €20,952 | €20,952 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,463 | €187,670 | +€122,207 | +187% |
| Amounts payable | 17/49 | €89,661 | €64,132 | -€25,529 | -28.5% |
| Amounts payable within one year | 42/48 | €89,661 | €64,132 | -€25,529 | -28.5% |
| Trade debts | 44 | €48,822 | €22,882 | -€25,940 | -53.1% |
| Suppliers | 440/4 | €48,822 | €22,882 | -€25,940 | -53.1% |
| Taxes, remuneration and social security | 45 | €39,631 | €41,250 | +€1,619 | +4.1% |
| Taxes | 450/3 | €39,631 | €41,250 | +€1,619 | +4.1% |
| Other amounts payable | 47/48 | €1,208 | - | -€1,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,300 | €1,374 | +€74 | +5.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,432 | +€1,432 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €67,856 | €172,381 | +€104,525 | +154% |
| Operating profit (loss) | 9901 | €66,169 | €169,575 | +€103,406 | +156% |
| Financial income | 75/76B | €3 | €2 | -€1 | -33.3% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -33.3% |
| Financial charges | 65/66B | €2,494 | €1,619 | -€875 | -35.1% |
| Recurring financial charges | 65 | €2,494 | €1,619 | -€875 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €63,678 | €167,958 | +€104,280 | +164% |
| Income taxes | 67/77 | €16,627 | €45,751 | +€29,124 | +175% |
| Profit (loss) for the period | 9904 | €47,051 | €122,207 | +€75,156 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €47,051 | €122,207 | +€75,156 | +160% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.