TECEZE: 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.
TECEZE
Largest movements
- Receivables within one year +€123,696
up €123,696 (+27.3%), from €452,624 to €576,320
of which Trade receivables: +€123,696
- Trade debts +€155,657
up €155,657 (+85.9%), from €181,178 to €336,835
- Profit (loss) carried forward -€60,200
down €60,200 (-336.0%), from -€17,914 to -€78,114
- Tax, wage and social debts +€24,026
up €24,026 (+94.2%), from €25,505 to €49,531
of which Taxes: +€13,839
- Staff costs +€76,882
up €76,882 (+113.4%), from €67,792 to €144,674
- Gross operating margin -€29,375
down €29,375 (-24.6%), from €119,468 to €90,093
- Other operating charges -€4,487
down €4,487 (-97.0%), from €4,628 to €141
- Depreciation +€1,677
up €1,677 (+52.0%), from €3,229 to €4,906
- Financial charges -€1,644
down €1,644 (-75.6%), from €2,174 to €530
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 | €465,749 | €585,232 | +€119,483 | +25.7% |
| Fixed assets | 21/28 | €12,361 | €7,455 | -€4,906 | -39.7% |
| Tangible fixed assets | 22/27 | €12,361 | €7,455 | -€4,906 | -39.7% |
| Plant, machinery and equipment | 23 | €3,298 | €2,085 | -€1,213 | -36.8% |
| Furniture and vehicles | 24 | €9,064 | €5,370 | -€3,693 | -40.7% |
| Current assets | 29/58 | €453,388 | €577,777 | +€124,389 | +27.4% |
| Amounts receivable within one year | 40/41 | €452,624 | €576,320 | +€123,696 | +27.3% |
| Trade receivables | 40 | €442,624 | €566,320 | +€123,696 | +27.9% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €764 | €1,117 | +€353 | +46.2% |
| Deferred charges and accrued income | 490/1 | - | €340 | +€340 | |
| Total equity and liabilities | 10/49 | €465,749 | €585,232 | +€119,483 | +25.7% |
| Equity | 10/15 | -€7,914 | -€68,114 | -€60,200 | -760.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,914 | -€78,114 | -€60,200 | -336.0% |
| Amounts payable | 17/49 | €473,663 | €653,346 | +€179,683 | +37.9% |
| Amounts payable within one year | 42/48 | €473,663 | €653,346 | +€179,683 | +37.9% |
| Trade debts | 44 | €181,178 | €336,835 | +€155,657 | +85.9% |
| Suppliers | 440/4 | €181,178 | €336,835 | +€155,657 | +85.9% |
| Taxes, remuneration and social security | 45 | €25,505 | €49,531 | +€24,026 | +94.2% |
| Taxes | 450/3 | €16,810 | €30,650 | +€13,839 | +82.3% |
| Remuneration and social security | 454/9 | €8,695 | €18,881 | +€10,186 | +117.2% |
| Other amounts payable | 47/48 | €266,980 | €266,980 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €67,792 | €144,674 | +€76,882 | +113.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,229 | €4,906 | +€1,677 | +52.0% |
| Other operating charges | 640/8 | €4,628 | €141 | -€4,487 | -97.0% |
| Non-recurring operating charges | 66A | €4,070 | - | -€4,070 | |
| Gross operating margin | 9900 | €119,468 | €90,093 | -€29,375 | -24.6% |
| Operating profit (loss) | 9901 | €39,749 | -€59,628 | -€99,377 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,174 | €530 | -€1,644 | -75.6% |
| Recurring financial charges | 65 | €2,174 | €530 | -€1,644 | -75.6% |
| Profit (loss) for the period before taxes | 9903 | €37,574 | -€60,158 | -€97,732 | |
| Income taxes | 67/77 | €18 | €42 | +€24 | +138.3% |
| Profit (loss) for the period | 9904 | €37,557 | -€60,200 | -€97,756 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,557 | -€60,200 | -€97,756 |
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.