TECDATA: 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.
TECDATA
Largest movements
- Cash +€64,004
up €64,004 (+30.2%), from €212,145 to €276,149
mainly Net result for the year (+€40,622) and Trade debts (+€36,126)
- Receivables within one year +€17,130
up €17,130 (+136.3%), from €12,568 to €29,698
of which Trade receivables: +€23,937
- Profit (loss) carried forward +€40,622
up €40,622 (+77.1%), from -€52,664 to -€12,042
- Trade debts +€36,126
up €36,126 (+74.5%), from €48,514 to €84,641
- Gross operating margin +€83,437
up €83,437 (+100.7%), from €82,875 to €166,312
- Staff costs -€20,928
down €20,928 (-13.6%), from €153,895 to €132,967
- Financial income -€12,848
down €12,848 (-49.2%), from €26,103 to €13,255
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 | €1,413,283 | €1,493,604 | +€80,321 | +5.7% |
| Fixed assets | 21/28 | €955 | - | -€955 | |
| Tangible fixed assets | 22/27 | €955 | - | -€955 | |
| Furniture and vehicles | 24 | €955 | - | -€955 | |
| Current assets | 29/58 | €1,412,328 | €1,493,604 | +€81,276 | +5.8% |
| Amounts receivable within one year | 40/41 | €12,568 | €29,698 | +€17,130 | +136.3% |
| Trade receivables | 40 | €5,161 | €29,098 | +€23,937 | +463.8% |
| Other amounts receivable | 41 | €7,407 | €600 | -€6,807 | -91.9% |
| Current investments | 50/53 | €1,185,739 | €1,185,739 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €212,145 | €276,149 | +€64,004 | +30.2% |
| Deferred charges and accrued income | 490/1 | €1,877 | €2,018 | +€142 | +7.5% |
| Total equity and liabilities | 10/49 | €1,413,283 | €1,493,604 | +€80,321 | +5.7% |
| Equity | 10/15 | €1,277,785 | €1,318,407 | +€40,622 | +3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,318,049 | €1,318,049 | = | 0.0% |
| Distributable reserves | 133 | €1,318,049 | €1,318,049 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,664 | -€12,042 | +€40,622 | +77.1% |
| Amounts payable | 17/49 | €135,498 | €175,197 | +€39,699 | +29.3% |
| Amounts payable within one year | 42/48 | €135,498 | €175,197 | +€39,699 | +29.3% |
| Trade debts | 44 | €48,514 | €84,641 | +€36,126 | +74.5% |
| Suppliers | 440/4 | €48,514 | €84,641 | +€36,126 | +74.5% |
| Taxes, remuneration and social security | 45 | €19,809 | €23,374 | +€3,566 | +18.0% |
| Taxes | 450/3 | €4,186 | €4,287 | +€101 | +2.4% |
| Remuneration and social security | 454/9 | €15,622 | €19,087 | +€3,465 | +22.2% |
| Other amounts payable | 47/48 | €67,175 | €67,181 | +€6 | 0.0% |
| Remuneration, social security and pensions | 62 | €153,895 | €132,967 | -€20,928 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,296 | €955 | -€341 | -26.3% |
| Other operating charges | 640/8 | €4,429 | €3,118 | -€1,310 | -29.6% |
| Gross operating margin | 9900 | €82,875 | €166,312 | +€83,437 | +100.7% |
| Operating profit (loss) | 9901 | -€76,745 | €29,271 | +€106,016 | |
| Financial income | 75/76B | €26,103 | €13,255 | -€12,848 | -49.2% |
| Recurring financial income | 75 | €26,103 | €13,255 | -€12,848 | -49.2% |
| Financial charges | 65/66B | €2,023 | €1,904 | -€119 | -5.9% |
| Recurring financial charges | 65 | €2,023 | €1,904 | -€119 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€52,664 | €40,622 | +€93,286 | |
| Profit (loss) for the period | 9904 | -€52,664 | €40,622 | +€93,286 | |
| Profit (loss) for the period to be appropriated | 9905 | -€52,664 | €40,622 | +€93,286 |
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 6 October 2026 via checked.be.