"TEC CONCEPT": 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.
"TEC CONCEPT"
Largest movements
- Receivables within one year -€57,552
down €57,552 (-39.2%), from €146,911 to €89,360
of which Trade receivables: -€46,088
- Cash +€7,155
up €7,155 (+975.5%), from €733 to €7,889
mainly Receivables within one year (+€57,552) and Net result for the year (+€3,639)
- Tangible fixed assets +€4,898
up €4,898 (+726.6%), from €674 to €5,572
- Tax, wage and social debts -€22,814
down €22,814 (-75.0%), from €30,414 to €7,600
- Debts after one year -€18,000
no longer reported in 2025 (was €18,000)
- Trade debts -€9,433
no longer reported in 2025 (was €9,433)
- Profit (loss) carried forward +€3,639
up €3,639 (+4.9%), from €74,352 to €77,991
- Gross operating margin -€15,694
down €15,694 (-60.5%), from €25,955 to €10,261
- Staff costs -€15,469
no longer reported in 2025 (was €15,469)
- Taxes -€5,906
down €5,906 (-57.9%), from €10,208 to €4,302
- Financial income -€892
down €892 (-100.0%), from €892 to €0
- Financial charges -€871
down €871 (-57.5%), from €1,514 to €643
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 | €150,100 | €103,155 | -€46,945 | -31.3% |
| Fixed assets | 21/28 | €674 | €5,572 | +€4,898 | +726.6% |
| Tangible fixed assets | 22/27 | €674 | €5,572 | +€4,898 | +726.6% |
| Furniture and vehicles | 24 | €674 | €5,572 | +€4,898 | +726.6% |
| Current assets | 29/58 | €149,426 | €97,582 | -€51,843 | -34.7% |
| Amounts receivable within one year | 40/41 | €146,911 | €89,360 | -€57,552 | -39.2% |
| Trade receivables | 40 | €132,840 | €86,752 | -€46,088 | -34.7% |
| Other amounts receivable | 41 | €14,071 | €2,607 | -€11,464 | -81.5% |
| Cash at bank and in hand | 54/58 | €733 | €7,889 | +€7,155 | +975.5% |
| Deferred charges and accrued income | 490/1 | €1,781 | €334 | -€1,447 | -81.3% |
| Total equity and liabilities | 10/49 | €150,100 | €103,155 | -€46,945 | -31.3% |
| Equity | 10/15 | €80,552 | €84,191 | +€3,639 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,352 | €77,991 | +€3,639 | +4.9% |
| Amounts payable | 17/49 | €69,548 | €18,964 | -€50,584 | -72.7% |
| Amounts payable after more than one year | 17 | €18,000 | - | -€18,000 | |
| Financial debts | 170/4 | €18,000 | - | -€18,000 | |
| Amounts payable within one year | 42/48 | €51,548 | €18,964 | -€32,584 | -63.2% |
| Trade debts | 44 | €9,433 | - | -€9,433 | |
| Suppliers | 440/4 | €9,433 | - | -€9,433 | |
| Taxes, remuneration and social security | 45 | €30,414 | €7,600 | -€22,814 | -75.0% |
| Remuneration and social security | 454/9 | €30,414 | €7,600 | -€22,814 | -75.0% |
| Other amounts payable | 47/48 | €11,701 | €11,364 | -€337 | -2.9% |
| Remuneration, social security and pensions | 62 | €15,469 | - | -€15,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €811 | €1,677 | +€866 | +106.7% |
| Other operating charges | 640/8 | €231 | - | -€231 | |
| Gross operating margin | 9900 | €25,955 | €10,261 | -€15,694 | -60.5% |
| Operating profit (loss) | 9901 | €9,444 | €8,584 | -€860 | -9.1% |
| Financial income | 75/76B | €892 | €0 | -€892 | -100.0% |
| Recurring financial income | 75 | €892 | €0 | -€892 | -100.0% |
| Financial charges | 65/66B | €1,514 | €643 | -€871 | -57.5% |
| Recurring financial charges | 65 | €1,514 | €643 | -€871 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €8,822 | €7,941 | -€881 | -10.0% |
| Income taxes | 67/77 | €10,208 | €4,302 | -€5,906 | -57.9% |
| Profit (loss) for the period | 9904 | -€1,386 | €3,639 | +€5,025 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,386 | €3,639 | +€5,025 |
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 10 October 2026 via checked.be.