TECH CARE: 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 CARE
Largest movements
- Receivables within one year -€4,830
down €4,830 (-34.1%), from €14,153 to €9,323
of which Trade receivables: -€3,841
- Cash -€976
down €976 (-19.1%), from €5,107 to €4,131
mainly Trade debts (-€5,206) and Net result for the year (-€1,838)
- Trade debts -€5,206
down €5,206 (-88.7%), from €5,870 to €664
- Short-term financial debts +€1,919
new in 2024: €1,919
- Profit (loss) carried forward -€1,838
down €1,838 (-41.7%), from €4,405 to €2,567
- Tax, wage and social debts -€671
down €671 (-55.6%), from €1,207 to €536
- Gross operating margin -€1,396
down €1,396, from €588 to -€807
- Other operating charges +€1,055
up €1,055 (+168.1%), from €628 to €1,683
- Taxes -€765
down €765, from €494 to -€270
- Depreciation -€135
no longer reported in 2024 (was €135)
- Financial income -€57
down €57 (-11.9%), from €481 to €424
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,843 | €14,047 | -€5,796 | -29.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €19,843 | €14,047 | -€5,796 | -29.2% |
| Amounts receivable within one year | 40/41 | €14,153 | €9,323 | -€4,830 | -34.1% |
| Trade receivables | 40 | €7,089 | €3,248 | -€3,841 | -54.2% |
| Other amounts receivable | 41 | €7,064 | €6,074 | -€990 | -14.0% |
| Cash at bank and in hand | 54/58 | €5,107 | €4,131 | -€976 | -19.1% |
| Deferred charges and accrued income | 490/1 | €583 | €594 | +€11 | +1.8% |
| Total equity and liabilities | 10/49 | €19,843 | €14,047 | -€5,796 | -29.2% |
| Equity | 10/15 | €12,767 | €10,929 | -€1,838 | -14.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €362 | €362 | = | 0.0% |
| Non-distributable reserves | 130/1 | €362 | €0 | -€362 | -100.0% |
| Reserves not available under the articles | 1311 | €362 | €0 | -€362 | -100.0% |
| Distributable reserves | 133 | - | €362 | +€362 | |
| Profit (loss) carried forward | 14 | €4,405 | €2,567 | -€1,838 | -41.7% |
| Amounts payable | 17/49 | €7,076 | €3,118 | -€3,958 | -55.9% |
| Amounts payable within one year | 42/48 | €7,076 | €3,118 | -€3,958 | -55.9% |
| Financial debts | 43 | - | €1,919 | +€1,919 | |
| Credit institutions | 430/8 | - | €1,919 | +€1,919 | |
| Trade debts | 44 | €5,870 | €664 | -€5,206 | -88.7% |
| Suppliers | 440/4 | €5,870 | €664 | -€5,206 | -88.7% |
| Taxes, remuneration and social security | 45 | €1,207 | €536 | -€671 | -55.6% |
| Taxes | 450/3 | €1,207 | €536 | -€671 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135 | - | -€135 | |
| Other operating charges | 640/8 | €628 | €1,683 | +€1,055 | +168.1% |
| Gross operating margin | 9900 | €588 | -€807 | -€1,396 | |
| Operating profit (loss) | 9901 | -€175 | -€2,490 | -€2,315 | -1325.5% |
| Financial income | 75/76B | €481 | €424 | -€57 | -11.9% |
| Recurring financial income | 75 | €481 | €424 | -€57 | -11.9% |
| Financial charges | 65/66B | €50 | €42 | -€7 | -14.9% |
| Recurring financial charges | 65 | €50 | €42 | -€7 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €257 | -€2,108 | -€2,365 | |
| Income taxes | 67/77 | €494 | -€270 | -€765 | |
| Profit (loss) for the period | 9904 | -€238 | -€1,838 | -€1,600 | -673.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€238 | -€1,838 | -€1,600 | -673.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.