TECBI: 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.
TECBI
Largest movements
- Stocks and contracts -€20,031
no longer reported in 2025 (was €20,031)
- Tangible fixed assets +€6,210
up €6,210 (+2.7%), from €226,898 to €233,109
of which Plant, machinery and equipment: +€11,860
- Cash +€3,205
up €3,205 (+156.8%), from €2,044 to €5,249
mainly Depreciation (+€25,356) and Stocks and contracts (+€20,031)
- Profit (loss) carried forward -€18,019
down €18,019, from €989 to -€17,030
- Other debts +€6,048
up €6,048 (+5.8%), from €104,944 to €110,991
- Current portion of long-term debt +€4,129
up €4,129 (+25.3%), from €16,313 to €20,442
- Debts after one year -€2,621
down €2,621 (-3.0%), from €87,664 to €85,043
- Gross operating margin -€7,887
down €7,887 (-33.3%), from €23,655 to €15,768
- Depreciation +€814
up €814 (+3.3%), from €24,542 to €25,356
- Other operating charges +€399
up €399 (+7.5%), from €5,295 to €5,694
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 | €251,030 | €241,797 | -€9,233 | -3.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €226,898 | €233,109 | +€6,210 | +2.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €226,898 | €233,109 | +€6,210 | +2.7% |
| Land and buildings | 22 | €152,382 | €144,140 | -€8,241 | -5.4% |
| Plant, machinery and equipment | 23 | €73,505 | €85,365 | +€11,860 | +16.1% |
| Furniture and vehicles | 24 | - | €3,349 | +€3,349 | |
| Other tangible fixed assets | 26 | €1,012 | €254 | -€757 | -74.9% |
| Current assets | 29/58 | €24,132 | €8,689 | -€15,443 | -64.0% |
| Stocks and contracts in progress | 3 | €20,031 | - | -€20,031 | |
| Stocks | 30/36 | €20,031 | - | -€20,031 | |
| Amounts receivable within one year | 40/41 | - | €600 | +€600 | |
| Trade receivables | 40 | - | €600 | +€600 | |
| Cash at bank and in hand | 54/58 | €2,044 | €5,249 | +€3,205 | +156.8% |
| Deferred charges and accrued income | 490/1 | €2,057 | €2,840 | +€782 | +38.0% |
| Total equity and liabilities | 10/49 | €251,030 | €241,797 | -€9,233 | -3.7% |
| Equity | 10/15 | €41,449 | €23,430 | -€18,019 | -43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,860 | €21,860 | = | 0.0% |
| Distributable reserves | 133 | €21,860 | €21,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €989 | -€17,030 | -€18,019 | |
| Amounts payable | 17/49 | €209,581 | €218,367 | +€8,786 | +4.2% |
| Amounts payable after more than one year | 17 | €87,664 | €85,043 | -€2,621 | -3.0% |
| Financial debts | 170/4 | €87,664 | €85,043 | -€2,621 | -3.0% |
| Amounts payable within one year | 42/48 | €121,917 | €133,324 | +€11,407 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €16,313 | €20,442 | +€4,129 | +25.3% |
| Trade debts | 44 | €660 | €1,890 | +€1,230 | +186.3% |
| Suppliers | 440/4 | €660 | €1,890 | +€1,230 | +186.3% |
| Other amounts payable | 47/48 | €104,944 | €110,991 | +€6,048 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,542 | €25,356 | +€814 | +3.3% |
| Other operating charges | 640/8 | €5,295 | €5,694 | +€399 | +7.5% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Gross operating margin | 9900 | €23,655 | €15,768 | -€7,887 | -33.3% |
| Operating profit (loss) | 9901 | -€6,182 | -€15,281 | -€9,100 | -147.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,555 | €2,738 | +€183 | +7.2% |
| Recurring financial charges | 65 | €2,555 | €2,738 | +€183 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,737 | -€18,019 | -€9,282 | -106.2% |
| Profit (loss) for the period | 9904 | -€8,737 | -€18,019 | -€9,282 | -106.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,737 | -€18,019 | -€9,282 | -106.2% |
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 5 October 2026 via checked.be.