Tech and Tex: 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.
Tech and Tex
Largest movements
- Current investments -€700,000
no longer reported in 2025 (was €700,000)
- Cash +€55,395
up €55,395 (+174.9%), from €31,672 to €87,067
mainly Current investments (+€700,000) and Depreciation (+€16,856)
- Debts after one year -€280,000
no longer reported in 2025 (was €280,000)
- Short-term financial debts -€266,779
no longer reported in 2025 (was €266,779)
- Profit (loss) carried forward -€100,049
down €100,049 (-131.4%), from -€76,125 to -€176,174
- Tax, wage and social debts -€15,869
down €15,869 (-90.3%), from €17,583 to €1,714
- Taxes +€26,858
new in 2025: €26,858
- Other operating charges -€21,916
down €21,916 (-92.7%), from €23,652 to €1,736
- Financial income -€18,995
down €18,995 (-56.4%), from €33,673 to €14,677
of which Financial income: -€18,995
- Gross operating margin +€10,322
up €10,322 (+14.6%), from -€70,475 to -€60,153
- Financial charges +€9,122
up €9,122 (+885665.0%), from €1 to €9,123
of which Financial charges: +€9,122
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 | €1,338,641 | €674,274 | -€664,367 | -49.6% |
| Fixed assets | 21/28 | €29,734 | €22,703 | -€7,031 | -23.6% |
| Tangible fixed assets | 22/27 | €29,734 | €22,703 | -€7,031 | -23.6% |
| Plant, machinery and equipment | 23 | €6,266 | €12,258 | +€5,992 | +95.6% |
| Furniture and vehicles | 24 | €14,046 | €3,888 | -€10,158 | -72.3% |
| Other tangible fixed assets | 26 | €9,422 | €6,557 | -€2,865 | -30.4% |
| Current assets | 29/58 | €1,308,907 | €651,571 | -€657,336 | -50.2% |
| Stocks and contracts in progress | 3 | €550,000 | €550,000 | = | 0.0% |
| Stocks | 30/36 | €550,000 | €550,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,235 | €14,504 | -€12,731 | -46.7% |
| Trade receivables | 40 | €12,596 | €3,943 | -€8,652 | -68.7% |
| Other amounts receivable | 41 | €14,639 | €10,560 | -€4,079 | -27.9% |
| Current investments | 50/53 | €700,000 | - | -€700,000 | |
| Cash at bank and in hand | 54/58 | €31,672 | €87,067 | +€55,395 | +174.9% |
| Total equity and liabilities | 10/49 | €1,338,641 | €674,274 | -€664,367 | -49.6% |
| Equity | 10/15 | €759,374 | €659,326 | -€100,049 | -13.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €835,000 | €835,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €834,950 | €834,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,125 | -€176,174 | -€100,049 | -131.4% |
| Amounts payable | 17/49 | €579,266 | €14,948 | -€564,318 | -97.4% |
| Amounts payable after more than one year | 17 | €280,000 | - | -€280,000 | |
| Financial debts | 170/4 | €280,000 | - | -€280,000 | |
| Amounts payable within one year | 42/48 | €295,559 | €11,786 | -€283,773 | -96.0% |
| Financial debts | 43 | €266,779 | - | -€266,779 | |
| Credit institutions | 430/8 | €266,779 | - | -€266,779 | |
| Taxes, remuneration and social security | 45 | €17,583 | €1,714 | -€15,869 | -90.3% |
| Taxes | 450/3 | €17,583 | €1,714 | -€15,869 | -90.3% |
| Other amounts payable | 47/48 | €11,196 | €10,072 | -€1,124 | -10.0% |
| Accrued charges and deferred income | 492/3 | €3,707 | €3,162 | -€545 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,670 | €16,856 | +€1,185 | +7.6% |
| Other operating charges | 640/8 | €23,652 | €1,736 | -€21,916 | -92.7% |
| Gross operating margin | 9900 | -€70,475 | -€60,153 | +€10,322 | +14.6% |
| Operating profit (loss) | 9901 | -€109,797 | -€78,745 | +€31,052 | +28.3% |
| Financial income | 75/76B | €33,673 | €14,677 | -€18,995 | -56.4% |
| Recurring financial income | 75 | €33,673 | €14,677 | -€18,995 | -56.4% |
| Non-recurring financial income | 76B | - | €14,677 | +€14,677 | |
| Financial charges | 65/66B | €1 | €9,123 | +€9,122 | +885665.0% |
| Recurring financial charges | 65 | €1 | €9,123 | +€9,122 | +885665.0% |
| Non-recurring financial charges | 66B | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | -€76,125 | -€73,191 | +€2,934 | +3.9% |
| Income taxes | 67/77 | - | €26,858 | +€26,858 | |
| Profit (loss) for the period | 9904 | -€76,125 | -€100,049 | -€23,923 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,125 | -€100,049 | -€23,923 | -31.4% |
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 9 October 2026 via checked.be.