TEC EVENT: 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 EVENT
Largest movements
- Tangible fixed assets -€34,618
down €34,618 (-54.6%), from €63,363 to €28,745
of which Assets under construction and advance payments: -€23,060
- Intangible fixed assets +€20,754
new in 2025: €20,754
- Receivables within one year +€8,315
up €8,315 (+99.5%), from €8,359 to €16,675
of which Other amounts receivable: +€6,019
- Deferred charges and accrued income -€1,760
down €1,760 (-65.6%), from €2,681 to €921
- Profit (loss) carried forward -€19,029
down €19,029 (-75.6%), from €25,166 to €6,137
- Trade debts +€14,111
up €14,111 (+518769.5%), from €3 to €14,113
of which Suppliers: +€10,781
- Debts after one year -€6,454
down €6,454 (-19.5%), from €33,103 to €26,649
of which Financial debts: -€6,457
- Tax, wage and social debts +€1,826
up €1,826 (+115.7%), from €1,578 to €3,403
- Other debts +€1,250
new in 2025: €1,250
- Turnover -€149,929
no longer reported in 2025 (was €149,929)
- Purchases and services -€125,552
no longer reported in 2025 (was €125,552)
- Gross operating margin -€23,428
down €23,428 (-96.1%), from €24,377 to €949
- Depreciation -€5,174
down €5,174 (-23.5%), from €21,976 to €16,803
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 | €79,975 | €72,169 | -€7,806 | -9.8% |
| Fixed assets | 21/28 | €63,363 | €49,499 | -€13,864 | -21.9% |
| Intangible fixed assets | 21 | - | €20,754 | +€20,754 | |
| Tangible fixed assets | 22/27 | €63,363 | €28,745 | -€34,618 | -54.6% |
| Plant, machinery and equipment | 23 | €9,026 | €1,887 | -€7,139 | -79.1% |
| Furniture and vehicles | 24 | €31,277 | €26,858 | -€4,419 | -14.1% |
| Assets under construction and advance payments | 27 | €23,060 | - | -€23,060 | |
| Current assets | 29/58 | €16,612 | €22,670 | +€6,058 | +36.5% |
| Amounts receivable within one year | 40/41 | €8,359 | €16,675 | +€8,315 | +99.5% |
| Trade receivables | 40 | €7,755 | €10,051 | +€2,297 | +29.6% |
| Other amounts receivable | 41 | €604 | €6,623 | +€6,019 | +995.9% |
| Cash at bank and in hand | 54/58 | €5,571 | €5,074 | -€497 | -8.9% |
| Deferred charges and accrued income | 490/1 | €2,681 | €921 | -€1,760 | -65.6% |
| Total equity and liabilities | 10/49 | €79,975 | €72,169 | -€7,806 | -9.8% |
| Equity | 10/15 | €37,274 | €18,245 | -€19,029 | -51.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €7,108 | €7,108 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,108 | €7,108 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Other | 1319 | €6,608 | €6,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,166 | €6,137 | -€19,029 | -75.6% |
| Amounts payable | 17/49 | €42,701 | €53,924 | +€11,223 | +26.3% |
| Amounts payable after more than one year | 17 | €33,103 | €26,649 | -€6,454 | -19.5% |
| Financial debts | 170/4 | €24,643 | €18,186 | -€6,457 | -26.2% |
| Other amounts payable | 178/9 | €8,460 | €8,463 | +€3 | 0.0% |
| Amounts payable within one year | 42/48 | €9,597 | €27,205 | +€17,608 | +183.5% |
| Current portion of amounts payable after more than one year | 42 | €8,017 | €8,439 | +€422 | +5.3% |
| Trade debts | 44 | €3 | €14,113 | +€14,111 | +518769.5% |
| Suppliers | 440/4 | €3 | €10,784 | +€10,781 | +396362.9% |
| Bills of exchange payable | 441 | - | €3,329 | +€3,329 | |
| Taxes, remuneration and social security | 45 | €1,578 | €3,403 | +€1,826 | +115.7% |
| Taxes | 450/3 | €1,578 | €3,403 | +€1,826 | +115.7% |
| Other amounts payable | 47/48 | - | €1,250 | +€1,250 | |
| Accrued charges and deferred income | 492/3 | - | €69 | +€69 | |
| Turnover | 70 | €149,929 | - | -€149,929 | |
| Goods, raw materials, services and sundry goods | 60/61 | €125,552 | - | -€125,552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,976 | €16,803 | -€5,174 | -23.5% |
| Other operating charges | 640/8 | €1,392 | €907 | -€485 | -34.8% |
| Gross operating margin | 9900 | €24,377 | €949 | -€23,428 | -96.1% |
| Operating profit (loss) | 9901 | €1,008 | -€16,761 | -€17,770 | |
| Financial income | 75/76B | €116 | €43 | -€73 | -63.3% |
| Recurring financial income | 75 | €116 | €43 | -€73 | -63.3% |
| Financial charges | 65/66B | €2,290 | €2,013 | -€277 | -12.1% |
| Recurring financial charges | 65 | €2,290 | €2,013 | -€277 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,166 | -€18,732 | -€17,566 | -1507.0% |
| Income taxes | 67/77 | €135 | €297 | +€163 | +121.1% |
| Profit (loss) for the period | 9904 | -€1,300 | -€19,029 | -€17,729 | -1363.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,300 | -€19,029 | -€17,729 | -1363.7% |
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 7 October 2026 via checked.be.