TEC-HOUSE: 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-HOUSE
Largest movements
- Receivables within one year +€120,577
up €120,577 (+158.2%), from €76,197 to €196,774
of which Trade receivables: +€101,959
- Deferred charges and accrued income +€8,460
new in 2025: €8,460
- Tangible fixed assets -€5,892
down €5,892 (-38.9%), from €15,160 to €9,268
of which Furniture and vehicles: -€4,797
- Cash -€4,693
down €4,693 (-87.3%), from €5,378 to €685
mainly Receivables within one year (-€120,577) and Deferred charges and accrued income (-€8,460)
- Trade debts +€85,677
up €85,677 (+401.4%), from €21,343 to €107,020
- Tax, wage and social debts +€16,810
up €16,810 (+104.8%), from €16,033 to €32,843
of which Remuneration and social security: +€22,976
- Profit (loss) carried forward +€15,966
up €15,966 (+42.3%), from €37,783 to €53,749
- Gross operating margin +€15,351
up €15,351 (+14.3%), from €107,492 to €122,843
- Staff costs +€5,652
up €5,652 (+6.6%), from €85,090 to €90,742
- Taxes +€4,273
up €4,273 (+3062.7%), from €140 to €4,413
- Depreciation -€1,303
down €1,303 (-15.4%), from €8,454 to €7,151
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 | €98,970 | €217,422 | +€118,452 | +119.7% |
| Fixed assets | 21/28 | €17,395 | €11,503 | -€5,892 | -33.9% |
| Tangible fixed assets | 22/27 | €15,160 | €9,268 | -€5,892 | -38.9% |
| Plant, machinery and equipment | 23 | €5,345 | €4,251 | -€1,095 | -20.5% |
| Furniture and vehicles | 24 | €9,814 | €5,017 | -€4,797 | -48.9% |
| Financial fixed assets | 28 | €2,235 | €2,235 | = | 0.0% |
| Current assets | 29/58 | €81,575 | €205,919 | +€124,344 | +152.4% |
| Amounts receivable within one year | 40/41 | €76,197 | €196,774 | +€120,577 | +158.2% |
| Trade receivables | 40 | €33,345 | €135,304 | +€101,959 | +305.8% |
| Other amounts receivable | 41 | €42,852 | €61,469 | +€18,617 | +43.4% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €5,378 | €685 | -€4,693 | -87.3% |
| Deferred charges and accrued income | 490/1 | - | €8,460 | +€8,460 | |
| Total equity and liabilities | 10/49 | €98,970 | €217,422 | +€118,452 | +119.7% |
| Equity | 10/15 | €61,593 | €77,559 | +€15,966 | +25.9% |
| Contributions | 10/11 | €18,200 | €18,200 | = | 0.0% |
| Reserves | 13 | €5,610 | €5,610 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,750 | €3,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,783 | €53,749 | +€15,966 | +42.3% |
| Amounts payable | 17/49 | €37,376 | €139,863 | +€102,487 | +274.2% |
| Amounts payable within one year | 42/48 | €37,376 | €139,863 | +€102,487 | +274.2% |
| Trade debts | 44 | €21,343 | €107,020 | +€85,677 | +401.4% |
| Suppliers | 440/4 | €21,343 | €107,020 | +€85,677 | +401.4% |
| Taxes, remuneration and social security | 45 | €16,033 | €32,843 | +€16,810 | +104.8% |
| Taxes | 450/3 | €8,854 | €2,688 | -€6,166 | -69.6% |
| Remuneration and social security | 454/9 | €7,180 | €30,156 | +€22,976 | +320.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €85,090 | €90,742 | +€5,652 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,454 | €7,151 | -€1,303 | -15.4% |
| Other operating charges | 640/8 | €2,669 | €2,033 | -€637 | -23.8% |
| Gross operating margin | 9900 | €107,492 | €122,843 | +€15,351 | +14.3% |
| Operating profit (loss) | 9901 | €11,279 | €22,918 | +€11,638 | +103.2% |
| Financial income | 75/76B | €9 | €167 | +€158 | +1770.1% |
| Recurring financial income | 75 | €9 | €167 | +€158 | +1770.1% |
| Financial charges | 65/66B | €2,252 | €2,706 | +€454 | +20.2% |
| Recurring financial charges | 65 | €2,252 | €1,106 | -€1,146 | -50.9% |
| Non-recurring financial charges | 66B | - | €1,600 | +€1,600 | |
| Profit (loss) for the period before taxes | 9903 | €9,036 | €20,378 | +€11,342 | +125.5% |
| Income taxes | 67/77 | €140 | €4,413 | +€4,273 | +3062.7% |
| Profit (loss) for the period | 9904 | €8,896 | €15,966 | +€7,069 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,896 | €15,966 | +€7,069 | +79.5% |
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 6 October 2026 via checked.be.