TEC4JETS: 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.
What changed
TEC4JETS
NACE 33.160, Repair, maintenance and installation of machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€75,307
2024 · €223,954-€148,647
Equity
€6.9m
2024 · €6.8m+€75,308
Cash
€477,032
2024 · €60,185+€416,847
Balance sheet total
€14.8m
2024 · €18.3m-€3.5m
Largest movements
Assets
- Receivables within one year -€2.3m
down €2.3m (-23.1%), from €9.9m to €7.6m
of which Trade receivables: -€5.6m
- Tangible fixed assets -€1.1m
down €1.1m (-22.0%), from €5.1m to €4.0m
of which Leasing and similar rights: -€1.0m
- Stocks and contracts -€456,892
down €456,892 (-14.8%), from €3.1m to €2.6m
- Cash +€416,847
up €416,847 (+692.6%), from €60,185 to €477,032
mainly Receivables within one year (+€2.3m) and Depreciation (+€1.7m)
Equity and liabilities
- Trade debts -€2.8m
down €2.8m (-57.8%), from €4.9m to €2.0m
- Debts after one year -€1.0m
down €1.0m (-30.8%), from €3.4m to €2.3m
- Tax, wage and social debts +€300,345
up €300,345 (+13.7%), from €2.2m to €2.5m
of which Remuneration and social security: +€368,526
Income statement
- Goods and materials -€2.2m
down €2.2m (-26.3%), from €8.3m to €6.1m
of which Purchases: -€5.6m
- Turnover -€1.5m
down €1.5m (-7.0%), from €21.3m to €19.8m
- Depreciation +€497,256
up €497,256 (+40.0%), from €1.2m to €1.7m
- Staff costs +€355,955
up €355,955 (+2.5%), from €14.2m to €14.5m
- Services and other goods +€234,279
up €234,279 (+20.1%), from €1.2m to €1.4m
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.
Result 2024
€223,954
Turnover
-€1.5m
Other operating income
+€129,740
Goods and materials
+€2.2m
Services and other goods
-€234,279
Staff costs
-€355,955
Depreciation
-€497,256
Write-downs
+€99,997
Other operating charges
+€605
Financial income
-€11,208
Financial charges
+€42,225
Taxes
-€1,996
Result 2025
€75,307
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.
From operations
+€2.1m
Investment
-€618,404
Financing
-€1.0m
Cash 2024
€60,185
From operations (derived)
+€2.1m
Net result for the year
+€75,307
Depreciation
+€1.7m
Stocks and contracts
+€456,892
Receivables within one year
+€2.3m
Deferred charges and accrued income
+€30,341
Provisions
-€1,717
Trade debts
-€2.8m
Tax, wage and social debts
+€300,345
Investment (derived)
-€618,404
Investment in fixed assets (net)
-€618,404
Financing
-€1.0m
Debts after one year
-€1.0m
Contributions, distributions and other
+€1
Cash 2025
€477,032
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,304,826 | €14,833,351 | -€3.5m | -19.0% |
| Fixed assets | 21/28 | €5,163,023 | €4,041,821 | -€1.1m | -21.7% |
| Tangible fixed assets | 22/27 | €5,131,434 | €4,003,602 | -€1.1m | -22.0% |
| Plant, machinery and equipment | 23 | €598,734 | €529,607 | -€69,127 | -11.5% |
| Furniture and vehicles | 24 | €57,860 | €47,170 | -€10,690 | -18.5% |
| Leasing and similar rights | 25 | €4,427,590 | €3,385,804 | -€1.0m | -23.5% |
| Other tangible fixed assets | 26 | €47,250 | €41,021 | -€6,229 | -13.2% |
| Financial fixed assets | 28 | €31,589 | €38,219 | +€6,630 | +21.0% |
| Other financial fixed assets | 284/8 | €31,589 | €38,219 | +€6,630 | +21.0% |
| Amounts receivable and cash guarantees | 285/8 | €31,589 | €38,219 | +€6,630 | +21.0% |
| Current assets | 29/58 | €13,141,803 | €10,791,530 | -€2.4m | -17.9% |
| Stocks and contracts in progress | 3 | €3,090,696 | €2,633,804 | -€456,892 | -14.8% |
| Stocks | 30/36 | €3,090,696 | €2,633,804 | -€456,892 | -14.8% |
| Goods purchased for resale | 34 | €3,090,696 | €2,633,804 | -€456,892 | -14.8% |
| Amounts receivable within one year | 40/41 | €9,888,352 | €7,608,465 | -€2.3m | -23.1% |
| Trade receivables | 40 | €8,262,602 | €2,690,680 | -€5.6m | -67.4% |
| Other amounts receivable | 41 | €1,625,750 | €4,917,785 | +€3.3m | +202.5% |
| Cash at bank and in hand | 54/58 | €60,185 | €477,032 | +€416,847 | +692.6% |
| Deferred charges and accrued income | 490/1 | €102,570 | €72,229 | -€30,341 | -29.6% |
| Total equity and liabilities | 10/49 | €18,304,826 | €14,833,351 | -€3.5m | -19.0% |
| Equity | 10/15 | €6,838,240 | €6,913,548 | +€75,308 | +1.1% |
| Contributions | 10/11 | €3,747,871 | €3,747,872 | +€1 | 0.0% |
| Capital | 10 | €3,747,871 | €3,747,872 | +€1 | 0.0% |
| Issued capital | 100 | €3,747,871 | €3,747,872 | +€1 | 0.0% |
| Reserves | 13 | €395,298 | €395,298 | = | 0.0% |
| Non-distributable reserves | 130/1 | €380,730 | €380,730 | = | 0.0% |
| Legal reserve | 130 | €374,787 | €374,787 | = | 0.0% |
| Other | 1319 | €5,943 | €5,943 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,255 | €8,255 | = | 0.0% |
| Distributable reserves | 133 | €6,313 | €6,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,695,071 | €2,770,378 | +€75,307 | +2.8% |
| Provisions and deferred taxes | 16 | €1,717 | €0 | -€1,717 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €1,717 | €0 | -€1,717 | -100.0% |
| Pensions and similar obligations | 160 | €1,717 | €0 | -€1,717 | -100.0% |
| Amounts payable | 17/49 | €11,464,869 | €7,919,803 | -€3.5m | -30.9% |
| Amounts payable after more than one year | 17 | €3,385,804 | €2,344,018 | -€1.0m | -30.8% |
| Financial debts | 170/4 | €3,385,804 | €2,344,018 | -€1.0m | -30.8% |
| Leasing and similar obligations | 172 | €3,385,804 | €2,344,018 | -€1.0m | -30.8% |
| Amounts payable within one year | 42/48 | €8,079,065 | €5,575,785 | -€2.5m | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €1,041,786 | €1,041,786 | = | 0.0% |
| Trade debts | 44 | €4,850,863 | €2,047,238 | -€2.8m | -57.8% |
| Suppliers | 440/4 | €4,850,863 | €2,047,238 | -€2.8m | -57.8% |
| Taxes, remuneration and social security | 45 | €2,186,416 | €2,486,761 | +€300,345 | +13.7% |
| Taxes | 450/3 | €68,181 | - | -€68,181 | |
| Remuneration and social security | 454/9 | €2,118,235 | €2,486,761 | +€368,526 | +17.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €25,356,350 | €23,986,213 | -€1.4m | -5.4% |
| Turnover | 70 | €21,290,632 | €19,790,755 | -€1.5m | -7.0% |
| Other operating income | 74 | €4,065,718 | €4,195,458 | +€129,740 | +3.2% |
| Operating charges | 60/66A | €24,891,456 | €23,698,987 | -€1.2m | -4.8% |
| Goods for resale, raw materials and consumables | 60 | €8,273,228 | €6,093,871 | -€2.2m | -26.3% |
| Purchases | 600/8 | €11,241,705 | €5,636,979 | -€5.6m | -49.9% |
| Change in stocks: decrease (increase) | 609 | -€2,968,477 | €456,892 | +€3.4m | |
| Services and other goods | 61 | €1,166,696 | €1,400,975 | +€234,279 | +20.1% |
| Remuneration, social security and pensions | 62 | €14,171,943 | €14,527,898 | +€355,955 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,242,350 | €1,739,606 | +€497,256 | +40.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,821 | -€88,176 | -€99,997 | |
| Other operating charges | 640/8 | €25,418 | €24,813 | -€605 | -2.4% |
| Operating profit (loss) | 9901 | €464,894 | €287,226 | -€177,668 | -38.2% |
| Financial income | 75/76B | €11,208 | €0 | -€11,208 | -100.0% |
| Recurring financial income | 75 | €11,208 | €0 | -€11,208 | -100.0% |
| Other financial income | 752/9 | €11,208 | €0 | -€11,208 | -100.0% |
| Financial charges | 65/66B | €249,007 | €206,782 | -€42,225 | -17.0% |
| Recurring financial charges | 65 | €249,007 | €206,782 | -€42,225 | -17.0% |
| Debt charges | 650 | €244,167 | €190,139 | -€54,028 | -22.1% |
| Other financial charges | 652/9 | €4,840 | €16,643 | +€11,803 | +243.9% |
| Profit (loss) for the period before taxes | 9903 | €227,095 | €80,444 | -€146,651 | -64.6% |
| Income taxes | 67/77 | €3,141 | €5,137 | +€1,996 | +63.5% |
| Taxes | 670/3 | €3,141 | €5,137 | +€1,996 | +63.5% |
| Profit (loss) for the period | 9904 | €223,954 | €75,307 | -€148,647 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €223,954 | €75,307 | -€148,647 | -66.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.