TECCON: 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.
TECCON
Largest movements
- Tangible fixed assets +€285,526
up €285,526 (+35.8%), from €798,054 to €1.1m
of which Other tangible fixed assets: +€188,651
- Stocks and contracts -€146,640
down €146,640 (-30.0%), from €488,800 to €342,160
- Cash +€106,792
up €106,792 (+6.7%), from €1.6m to €1.7m
mainly Net result for the year (+€543,415) and Depreciation (+€278,056)
- Current investments +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Receivables within one year +€68,967
up €68,967 (+2.9%), from €2.3m to €2.4m
of which Trade receivables: +€81,547
- Trade debts +€244,558
up €244,558 (+34.3%), from €713,367 to €957,925
- Other debts +€150,000
up €150,000 (+38.5%), from €390,000 to €540,000
- Debts after one year -€74,148
down €74,148 (-22.1%), from €335,581 to €261,433
- Tax, wage and social debts +€69,848
up €69,848 (+11.7%), from €598,251 to €668,099
of which Remuneration and social security: +€102,381
- Turnover +€690,774
up €690,774 (+10.9%), from €6.3m to €7.0m
- Gross operating margin +€389,257
up €389,257 (+12.5%), from €3.1m to €3.5m
- Purchases and services +€142,664
up €142,664 (+4.4%), from €3.2m to €3.4m
- Staff costs +€124,640
up €124,640 (+5.3%), from €2.3m to €2.5m
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 | €5,793,317 | €6,179,911 | +€386,594 | +6.7% |
| Fixed assets | 21/28 | €980,594 | €1,247,181 | +€266,587 | +27.2% |
| Intangible fixed assets | 21 | €104,527 | €84,887 | -€19,640 | -18.8% |
| Tangible fixed assets | 22/27 | €798,054 | €1,083,580 | +€285,526 | +35.8% |
| Land and buildings | 22 | €151,433 | €150,622 | -€811 | -0.5% |
| Plant, machinery and equipment | 23 | €479,743 | €597,621 | +€117,879 | +24.6% |
| Furniture and vehicles | 24 | €144,083 | €144,658 | +€575 | +0.4% |
| Leasing and similar rights | 25 | €20,768 | €0 | -€20,768 | -100.0% |
| Other tangible fixed assets | 26 | €2,027 | €190,679 | +€188,651 | +9306.6% |
| Financial fixed assets | 28 | €78,014 | €78,714 | +€700 | +0.9% |
| Current assets | 29/58 | €4,812,723 | €4,932,730 | +€120,007 | +2.5% |
| Stocks and contracts in progress | 3 | €488,800 | €342,160 | -€146,640 | -30.0% |
| Contracts in progress | 37 | €488,800 | €342,160 | -€146,640 | -30.0% |
| Amounts receivable within one year | 40/41 | €2,339,858 | €2,408,825 | +€68,967 | +2.9% |
| Trade receivables | 40 | €2,301,504 | €2,383,051 | +€81,547 | +3.5% |
| Other amounts receivable | 41 | €38,354 | €25,774 | -€12,580 | -32.8% |
| Current investments | 50/53 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €1,600,598 | €1,707,390 | +€106,792 | +6.7% |
| Deferred charges and accrued income | 490/1 | €83,467 | €74,355 | -€9,112 | -10.9% |
| Total equity and liabilities | 10/49 | €5,793,317 | €6,179,911 | +€386,594 | +6.7% |
| Equity | 10/15 | €3,534,630 | €3,538,045 | +€3,415 | +0.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €3,507,500 | €3,507,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | €0 | = | |
| Reserves not available under the articles | 1311 | €0 | €0 | = | |
| Distributable reserves | 133 | €3,507,500 | €3,507,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,130 | €5,545 | +€3,415 | +160.3% |
| Amounts payable | 17/49 | €2,258,687 | €2,641,866 | +€383,180 | +17.0% |
| Amounts payable after more than one year | 17 | €335,581 | €261,433 | -€74,148 | -22.1% |
| Financial debts | 170/4 | €335,581 | €261,433 | -€74,148 | -22.1% |
| Amounts payable within one year | 42/48 | €1,840,952 | €2,296,225 | +€455,273 | +24.7% |
| Current portion of amounts payable after more than one year | 42 | €139,335 | €130,201 | -€9,134 | -6.6% |
| Trade debts | 44 | €713,367 | €957,925 | +€244,558 | +34.3% |
| Suppliers | 440/4 | €713,367 | €957,925 | +€244,558 | +34.3% |
| Taxes, remuneration and social security | 45 | €598,251 | €668,099 | +€69,848 | +11.7% |
| Taxes | 450/3 | €274,820 | €242,287 | -€32,533 | -11.8% |
| Remuneration and social security | 454/9 | €323,431 | €425,812 | +€102,381 | +31.7% |
| Other amounts payable | 47/48 | €390,000 | €540,000 | +€150,000 | +38.5% |
| Accrued charges and deferred income | 492/3 | €82,154 | €84,208 | +€2,055 | +2.5% |
| Turnover | 70 | €6,309,421 | €7,000,195 | +€690,774 | +10.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,247,691 | €3,390,356 | +€142,664 | +4.4% |
| Remuneration, social security and pensions | 62 | €2,332,905 | €2,457,545 | +€124,640 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232,040 | €278,056 | +€46,016 | +19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,994 | €0 | +€1,994 | |
| Other operating charges | 640/8 | €16,713 | €20,764 | +€4,051 | +24.2% |
| Gross operating margin | 9900 | €3,116,785 | €3,506,042 | +€389,257 | +12.5% |
| Operating profit (loss) | 9901 | €537,121 | €749,677 | +€212,555 | +39.6% |
| Financial income | 75/76B | €22,584 | €16,320 | -€6,264 | -27.7% |
| Recurring financial income | 75 | €22,584 | €16,320 | -€6,264 | -27.7% |
| Financial charges | 65/66B | €22,094 | €25,708 | +€3,615 | +16.4% |
| Recurring financial charges | 65 | €22,094 | €25,708 | +€3,615 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €537,612 | €740,288 | +€202,676 | +37.7% |
| Income taxes | 67/77 | €146,601 | €196,874 | +€50,273 | +34.3% |
| Profit (loss) for the period | 9904 | €391,011 | €543,415 | +€152,403 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €391,011 | €543,415 | +€152,403 | +39.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.