TEC-TA: 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-TA
Largest movements
- Cash +€18,588
up €18,588 (+47.2%), from €39,364 to €57,953
mainly Net result for the year (+€16,802) and Deferred charges and accrued income (+€9,588)
- Receivables within one year +€14,160
up €14,160 (+58.1%), from €24,368 to €38,528
of which Trade receivables: +€8,574
- Deferred charges and accrued income -€9,588
down €9,588 (-79.4%), from €12,072 to €2,484
- Tangible fixed assets +€1,613
up €1,613 (+4.2%), from €38,391 to €40,004
of which Furniture and vehicles: +€5,235
- Reserves +€16,802
new in 2025: €16,802
- Tax, wage and social debts +€4,309
up €4,309 (+46.0%), from €9,376 to €13,685
of which Taxes: +€4,296
- Debts after one year +€3,471
new in 2025: €3,471
- Taxes +€1,942
up €1,942 (+29.9%), from €6,504 to €8,446
- Gross operating margin -€1,887
down €1,887 (-5.0%), from €37,781 to €35,894
- Financial charges -€1,130
down €1,130 (-28.4%), from €3,977 to €2,847
- Depreciation +€1,032
up €1,032 (+15.2%), from €6,788 to €7,820
- Other operating charges -€704
down €704 (-37.9%), from €1,858 to €1,154
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 | €114,195 | €138,969 | +€24,774 | +21.7% |
| Fixed assets | 21/28 | €38,391 | €40,004 | +€1,613 | +4.2% |
| Tangible fixed assets | 22/27 | €38,391 | €40,004 | +€1,613 | +4.2% |
| Land and buildings | 22 | €17,046 | €13,031 | -€4,015 | -23.6% |
| Plant, machinery and equipment | 23 | €421 | €929 | +€509 | +120.9% |
| Furniture and vehicles | 24 | - | €5,235 | +€5,235 | |
| Other tangible fixed assets | 26 | €20,925 | €20,809 | -€116 | -0.6% |
| Current assets | 29/58 | €75,804 | €98,965 | +€23,161 | +30.6% |
| Amounts receivable within one year | 40/41 | €24,368 | €38,528 | +€14,160 | +58.1% |
| Trade receivables | 40 | €1,650 | €10,224 | +€8,574 | +519.5% |
| Other amounts receivable | 41 | €22,717 | €28,304 | +€5,587 | +24.6% |
| Cash at bank and in hand | 54/58 | €39,364 | €57,953 | +€18,588 | +47.2% |
| Deferred charges and accrued income | 490/1 | €12,072 | €2,484 | -€9,588 | -79.4% |
| Total equity and liabilities | 10/49 | €114,195 | €138,969 | +€24,774 | +21.7% |
| Equity | 10/15 | €101,548 | €118,350 | +€16,802 | +16.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | - | €16,802 | +€16,802 | |
| Distributable reserves | 133 | - | €16,802 | +€16,802 | |
| Profit (loss) carried forward | 14 | €101,048 | €101,048 | = | 0.0% |
| Amounts payable | 17/49 | €12,647 | €20,619 | +€7,971 | +63.0% |
| Amounts payable after more than one year | 17 | - | €3,471 | +€3,471 | |
| Financial debts | 170/4 | - | €3,471 | +€3,471 | |
| Amounts payable within one year | 42/48 | €11,928 | €16,960 | +€5,031 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €2,176 | €2,400 | +€224 | +10.3% |
| Trade debts | 44 | €377 | €874 | +€497 | +132.0% |
| Suppliers | 440/4 | €377 | €874 | +€497 | +132.0% |
| Taxes, remuneration and social security | 45 | €9,376 | €13,685 | +€4,309 | +46.0% |
| Taxes | 450/3 | €7,354 | €11,651 | +€4,296 | +58.4% |
| Remuneration and social security | 454/9 | €2,022 | €2,035 | +€13 | +0.6% |
| Accrued charges and deferred income | 492/3 | €719 | €188 | -€531 | -73.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,788 | €7,820 | +€1,032 | +15.2% |
| Other operating charges | 640/8 | €1,858 | €1,154 | -€704 | -37.9% |
| Gross operating margin | 9900 | €37,781 | €35,894 | -€1,887 | -5.0% |
| Operating profit (loss) | 9901 | €29,135 | €26,921 | -€2,215 | -7.6% |
| Financial income | 75/76B | €954 | €1,174 | +€220 | +23.1% |
| Recurring financial income | 75 | €954 | €1,174 | +€220 | +23.1% |
| Financial charges | 65/66B | €3,977 | €2,847 | -€1,130 | -28.4% |
| Recurring financial charges | 65 | €3,977 | €2,847 | -€1,130 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €26,112 | €25,248 | -€865 | -3.3% |
| Income taxes | 67/77 | €6,504 | €8,446 | +€1,942 | +29.9% |
| Profit (loss) for the period | 9904 | €19,608 | €16,802 | -€2,806 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,608 | €16,802 | -€2,806 | -14.3% |
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.