TECFORCE: 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.
TECFORCE
Largest movements
- Tangible fixed assets +€13,189
up €13,189 (+2.5%), from €524,761 to €537,950
of which Assets under construction and advance payments: +€13,189
- Receivables within one year -€12,138
down €12,138 (-70.7%), from €17,170 to €5,032
of which Trade receivables: -€11,764
- Cash -€7,619
down €7,619 (-40.6%), from €18,764 to €11,145
mainly Investment in fixed assets (net) (-€13,189) and Trade debts (-€7,855)
- Trade debts -€7,855
down €7,855 (-99.7%), from €7,881 to €26
- Gross operating margin -€2,571
down €2,571 (-32.8%), from €7,831 to €5,259
- Taxes -€650
down €650 (-41.6%), from €1,563 to €912
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 | €560,695 | €554,597 | -€6,098 | -1.1% |
| Fixed assets | 21/28 | €524,761 | €537,950 | +€13,189 | +2.5% |
| Tangible fixed assets | 22/27 | €524,761 | €537,950 | +€13,189 | +2.5% |
| Land and buildings | 22 | €520,490 | €520,490 | = | 0.0% |
| Assets under construction and advance payments | 27 | €4,271 | €17,460 | +€13,189 | +308.8% |
| Current assets | 29/58 | €35,934 | €16,647 | -€19,287 | -53.7% |
| Amounts receivable within one year | 40/41 | €17,170 | €5,032 | -€12,138 | -70.7% |
| Trade receivables | 40 | €14,771 | €3,007 | -€11,764 | -79.6% |
| Other amounts receivable | 41 | €2,399 | €2,025 | -€374 | -15.6% |
| Cash at bank and in hand | 54/58 | €18,764 | €11,145 | -€7,619 | -40.6% |
| Deferred charges and accrued income | 490/1 | - | €470 | +€470 | |
| Total equity and liabilities | 10/49 | €560,695 | €554,597 | -€6,098 | -1.1% |
| Equity | 10/15 | €50,712 | €53,449 | +€2,737 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,112 | €34,849 | +€2,737 | +8.5% |
| Distributable reserves | 133 | €32,112 | €34,849 | +€2,737 | +8.5% |
| Amounts payable | 17/49 | €509,983 | €501,148 | -€8,835 | -1.7% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,737 | €1,148 | -€8,589 | -88.2% |
| Trade debts | 44 | €7,881 | €26 | -€7,855 | -99.7% |
| Suppliers | 440/4 | €7,881 | €26 | -€7,855 | -99.7% |
| Taxes, remuneration and social security | 45 | €1,856 | €1,122 | -€734 | -39.5% |
| Taxes | 450/3 | €1,856 | €1,122 | -€734 | -39.5% |
| Accrued charges and deferred income | 492/3 | €246 | - | -€246 | |
| Other operating charges | 640/8 | €1,580 | €1,620 | +€40 | +2.5% |
| Gross operating margin | 9900 | €7,831 | €5,259 | -€2,571 | -32.8% |
| Operating profit (loss) | 9901 | €6,251 | €3,639 | -€2,611 | -41.8% |
| Financial income | 75/76B | €0 | €11 | +€11 | +105600.0% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +105600.0% |
| Profit (loss) for the period before taxes | 9903 | €6,251 | €3,650 | -€2,601 | -41.6% |
| Income taxes | 67/77 | €1,563 | €912 | -€650 | -41.6% |
| Profit (loss) for the period | 9904 | €4,688 | €2,737 | -€1,951 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,688 | €2,737 | -€1,951 | -41.6% |
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 11 October 2026 via checked.be.