TECFLAM: what changed
Two financial 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.
TECFLAM
Largest movements
- Tangible fixed assets +€33,768
up €33,768 (+69.6%), from €48,512 to €82,280
of which Furniture and vehicles: +€32,716
- Cash -€21,726
down €21,726 (-40.3%), from €53,847 to €32,121
mainly Contributions, distributions and other (-€110,000) and Investment in fixed assets (net) (-€47,635)
- Receivables within one year +€12,267
up €12,267 (+22.7%), from €54,005 to €66,272
of which Trade receivables: +€17,380
- Other debts +€76,142
up €76,142 (+181.3%), from €42,000 to €118,142
- Profit (loss) carried forward -€50,730
down €50,730 (-59.8%), from €84,770 to €34,040
- Tax, wage and social debts -€1,942
down €1,942 (-8.8%), from €22,100 to €20,158
- Gross operating margin -€14,348
down €14,348 (-14.0%), from €102,784 to €88,436
- Taxes -€4,183
down €4,183 (-21.6%), from €19,405 to €15,222
- Depreciation +€3,307
up €3,307 (+31.3%), from €10,560 to €13,867
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 | €156,364 | €180,673 | +€24,309 | +15.5% |
| Fixed assets | 21/28 | €48,512 | €82,280 | +€33,768 | +69.6% |
| Tangible fixed assets | 22/27 | €48,512 | €82,280 | +€33,768 | +69.6% |
| Plant, machinery and equipment | 23 | €13,054 | €14,106 | +€1,052 | +8.1% |
| Furniture and vehicles | 24 | €35,458 | €68,174 | +€32,716 | +92.3% |
| Current assets | 29/58 | €107,852 | €98,393 | -€9,459 | -8.8% |
| Amounts receivable within one year | 40/41 | €54,005 | €66,272 | +€12,267 | +22.7% |
| Trade receivables | 40 | €44,113 | €61,493 | +€17,380 | +39.4% |
| Other amounts receivable | 41 | €9,892 | €4,779 | -€5,113 | -51.7% |
| Cash at bank and in hand | 54/58 | €53,847 | €32,121 | -€21,726 | -40.3% |
| Total equity and liabilities | 10/49 | €156,364 | €180,673 | +€24,309 | +15.5% |
| Equity | 10/15 | €86,770 | €36,040 | -€50,730 | -58.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,770 | €34,040 | -€50,730 | -59.8% |
| Amounts payable | 17/49 | €69,594 | €144,633 | +€75,039 | +107.8% |
| Amounts payable within one year | 42/48 | €69,594 | €144,633 | +€75,039 | +107.8% |
| Trade debts | 44 | €5,494 | €6,333 | +€839 | +15.3% |
| Suppliers | 440/4 | €5,494 | €6,333 | +€839 | +15.3% |
| Taxes, remuneration and social security | 45 | €22,100 | €20,158 | -€1,942 | -8.8% |
| Taxes | 450/3 | €22,100 | €20,158 | -€1,942 | -8.8% |
| Other amounts payable | 47/48 | €42,000 | €118,142 | +€76,142 | +181.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,560 | €13,867 | +€3,307 | +31.3% |
| Other operating charges | 640/8 | €49 | - | -€49 | |
| Gross operating margin | 9900 | €102,784 | €88,436 | -€14,348 | -14.0% |
| Operating profit (loss) | 9901 | €92,175 | €74,569 | -€17,606 | -19.1% |
| Financial income | 75/76B | €526 | - | -€526 | |
| Recurring financial income | 75 | €526 | - | -€526 | |
| Financial charges | 65/66B | €72 | €77 | +€5 | +6.9% |
| Recurring financial charges | 65 | €72 | €77 | +€5 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €92,629 | €74,492 | -€18,137 | -19.6% |
| Income taxes | 67/77 | €19,405 | €15,222 | -€4,183 | -21.6% |
| Profit (loss) for the period | 9904 | €73,224 | €59,270 | -€13,954 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,224 | €59,270 | -€13,954 | -19.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.