TEC CAR: what changed
Two fiscal 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.
TEC CAR
Largest movements
- Cash +€31,047
up €31,047 (+56.7%), from €54,732 to €85,779
mainly Net result for the year (+€24,306) and Tax, wage and social debts (+€6,141)
- Reserves +€21,940
new in 2025: €21,940
- Tax, wage and social debts +€6,141
up €6,141 (+260.3%), from €2,359 to €8,500
- Profit (loss) carried forward +€2,367
no longer reported in 2025 (was -€2,367)
- Taxes +€7,211
up €7,211 (+559.4%), from €1,289 to €8,500
- Gross operating margin +€5,511
up €5,511 (+19.1%), from €28,914 to €34,425
- Other operating charges +€400
new in 2025: €400
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 | €61,992 | €92,568 | +€30,576 | +49.3% |
| Current assets | 29/58 | €61,992 | €92,568 | +€30,576 | +49.3% |
| Amounts receivable within one year | 40/41 | €7,260 | €6,789 | -€471 | -6.5% |
| Trade receivables | 40 | €7,260 | €6,000 | -€1,260 | -17.4% |
| Other amounts receivable | 41 | - | €789 | +€789 | |
| Cash at bank and in hand | 54/58 | €54,732 | €85,779 | +€31,047 | +56.7% |
| Total equity and liabilities | 10/49 | €61,992 | €92,568 | +€30,576 | +49.3% |
| Equity | 10/15 | €59,633 | €83,940 | +€24,307 | +40.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | - | €21,940 | +€21,940 | |
| Distributable reserves | 133 | - | €21,940 | +€21,940 | |
| Profit (loss) carried forward | 14 | -€2,367 | - | +€2,367 | |
| Amounts payable | 17/49 | €2,359 | €8,628 | +€6,269 | +265.7% |
| Amounts payable within one year | 42/48 | €2,359 | €8,628 | +€6,269 | +265.7% |
| Trade debts | 44 | - | €128 | +€128 | |
| Suppliers | 440/4 | - | €128 | +€128 | |
| Taxes, remuneration and social security | 45 | €2,359 | €8,500 | +€6,141 | +260.3% |
| Taxes | 450/3 | €2,359 | €8,500 | +€6,141 | +260.3% |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €28,914 | €34,425 | +€5,511 | +19.1% |
| Operating profit (loss) | 9901 | €28,914 | €34,026 | +€5,112 | +17.7% |
| Financial charges | 65/66B | €1,343 | €1,219 | -€124 | -9.2% |
| Recurring financial charges | 65 | €1,343 | €1,219 | -€124 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €27,571 | €32,806 | +€5,235 | +19.0% |
| Income taxes | 67/77 | €1,289 | €8,500 | +€7,211 | +559.4% |
| Profit (loss) for the period | 9904 | €26,282 | €24,306 | -€1,976 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,282 | €24,306 | -€1,976 | -7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.