TECBA: 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.
TECBA
Largest movements
- Tangible fixed assets -€31,863
down €31,863 (-7.2%), from €440,046 to €408,183
of which Land and buildings: -€23,241
- Receivables within one year -€24,655
down €24,655 (-20.5%), from €120,386 to €95,730
of which Trade receivables: -€31,763
- Trade debts -€35,176
down €35,176 (-87.8%), from €40,065 to €4,889
- Reserves -€22,443
down €22,443 (-3.2%), from €691,899 to €669,455
of which Distributable reserves: -€22,443
- Gross operating margin +€31,249
up €31,249, from -€23,102 to €8,148
- Financial income -€5,785
down €5,785 (-39.5%), from €14,630 to €8,845
- Financial charges +€1,816
up €1,816 (+1780.9%), from €102 to €1,918
- Other operating charges -€695
down €695 (-11.0%), from €6,350 to €5,655
- Depreciation +€387
up €387 (+1.2%), from €31,476 to €31,863
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 | €793,464 | €735,844 | -€57,620 | -7.3% |
| Fixed assets | 21/28 | €440,096 | €408,233 | -€31,863 | -7.2% |
| Tangible fixed assets | 22/27 | €440,046 | €408,183 | -€31,863 | -7.2% |
| Land and buildings | 22 | €359,537 | €336,297 | -€23,241 | -6.5% |
| Plant, machinery and equipment | 23 | €3,975 | €3,576 | -€399 | -10.0% |
| Furniture and vehicles | 24 | €14,016 | €5,792 | -€8,224 | -58.7% |
| Other tangible fixed assets | 26 | €62,518 | €62,518 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €353,367 | €327,611 | -€25,757 | -7.3% |
| Amounts receivable after more than one year | 29 | €225,000 | €225,000 | = | 0.0% |
| Other amounts receivable | 291 | €225,000 | €225,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €120,386 | €95,730 | -€24,655 | -20.5% |
| Trade receivables | 40 | €103,758 | €71,995 | -€31,763 | -30.6% |
| Other amounts receivable | 41 | €16,628 | €23,735 | +€7,107 | +42.7% |
| Current investments | 50/53 | €1,197 | €1,197 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,774 | €3,587 | -€1,188 | -24.9% |
| Deferred charges and accrued income | 490/1 | €2,011 | €2,097 | +€86 | +4.3% |
| Total equity and liabilities | 10/49 | €793,464 | €735,844 | -€57,620 | -7.3% |
| Equity | 10/15 | €753,399 | €730,955 | -€22,443 | -3.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €691,899 | €669,455 | -€22,443 | -3.2% |
| Non-distributable reserves | 130/1 | €9,981 | €9,981 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,634 | €2,634 | = | 0.0% |
| Own shares acquired | 1312 | €1,197 | €1,197 | = | 0.0% |
| Distributable reserves | 133 | €681,918 | €659,475 | -€22,443 | -3.3% |
| Amounts payable | 17/49 | €40,065 | €4,889 | -€35,176 | -87.8% |
| Amounts payable within one year | 42/48 | €40,065 | €4,889 | -€35,176 | -87.8% |
| Trade debts | 44 | €40,065 | €4,889 | -€35,176 | -87.8% |
| Suppliers | 440/4 | €40,065 | €4,889 | -€35,176 | -87.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,476 | €31,863 | +€387 | +1.2% |
| Other operating charges | 640/8 | €6,350 | €5,655 | -€695 | -11.0% |
| Gross operating margin | 9900 | -€23,102 | €8,148 | +€31,249 | |
| Operating profit (loss) | 9901 | -€60,928 | -€29,370 | +€31,557 | +51.8% |
| Financial income | 75/76B | €14,630 | €8,845 | -€5,785 | -39.5% |
| Recurring financial income | 75 | €14,630 | €8,845 | -€5,785 | -39.5% |
| Financial charges | 65/66B | €102 | €1,918 | +€1,816 | +1780.9% |
| Recurring financial charges | 65 | €102 | €1,918 | +€1,816 | +1780.9% |
| Profit (loss) for the period before taxes | 9903 | -€46,400 | -€22,443 | +€23,956 | +51.6% |
| Profit (loss) for the period | 9904 | -€46,400 | -€22,443 | +€23,956 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,400 | -€22,443 | +€23,956 | +51.6% |
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 5 October 2026 via checked.be.