TECH-CON: 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.
TECH-CON
Largest movements
- Receivables after one year +€87,175
new in 2024: €87,175
- Receivables within one year -€55,269
down €55,269 (-42.8%), from €129,211 to €73,942
of which Other amounts receivable: -€28,167
- Deferred charges and accrued income +€3,923
new in 2024: €3,923
- Tangible fixed assets +€3,636
up €3,636 (+53.1%), from €6,849 to €10,486
of which Plant, machinery and equipment: +€3,080
- Advances received +€32,099
new in 2024: €32,099
- Current portion of long-term debt +€7,497
new in 2024: €7,497
- Debts after one year +€3,938
new in 2024: €3,938
- Trade debts -€3,712
down €3,712 (-98.5%), from €3,770 to €58
- Short-term financial debts +€2,645
new in 2024: €2,645
- Gross operating margin -€21,021
down €21,021 (-76.4%), from €27,499 to €6,478
- Other operating charges -€8,145
down €8,145 (-86.2%), from €9,450 to €1,305
- Taxes -€4,058
down €4,058 (-74.2%), from €5,465 to €1,408
- Financial charges +€3,995
up €3,995 (+1480.1%), from €270 to €4,265
- Financial income +€2,415
up €2,415 (+158.1%), from €1,528 to €3,943
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 | €136,638 | €175,734 | +€39,096 | +28.6% |
| Fixed assets | 21/28 | €6,849 | €10,486 | +€3,636 | +53.1% |
| Tangible fixed assets | 22/27 | €6,849 | €10,486 | +€3,636 | +53.1% |
| Plant, machinery and equipment | 23 | €5,572 | €8,653 | +€3,080 | +55.3% |
| Furniture and vehicles | 24 | €1,277 | €1,833 | +€556 | +43.6% |
| Current assets | 29/58 | €129,789 | €165,249 | +€35,460 | +27.3% |
| Amounts receivable after more than one year | 29 | - | €87,175 | +€87,175 | |
| Other amounts receivable | 291 | - | €87,175 | +€87,175 | |
| Amounts receivable within one year | 40/41 | €129,211 | €73,942 | -€55,269 | -42.8% |
| Trade receivables | 40 | €101,044 | €73,942 | -€27,102 | -26.8% |
| Other amounts receivable | 41 | €28,167 | - | -€28,167 | |
| Cash at bank and in hand | 54/58 | €578 | €208 | -€369 | -63.9% |
| Deferred charges and accrued income | 490/1 | - | €3,923 | +€3,923 | |
| Total equity and liabilities | 10/49 | €136,638 | €175,734 | +€39,096 | +28.6% |
| Equity | 10/15 | €111,943 | €110,684 | -€1,259 | -1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €99,543 | €99,543 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €97,683 | €97,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,259 | -€1,259 | |
| Amounts payable | 17/49 | €24,695 | €65,051 | +€40,356 | +163.4% |
| Amounts payable after more than one year | 17 | - | €3,938 | +€3,938 | |
| Financial debts | 170/4 | - | €3,938 | +€3,938 | |
| Amounts payable within one year | 42/48 | €24,695 | €61,113 | +€36,418 | +147.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,497 | +€7,497 | |
| Financial debts | 43 | - | €2,645 | +€2,645 | |
| Credit institutions | 430/8 | - | €2,645 | +€2,645 | |
| Trade debts | 44 | €3,770 | €58 | -€3,712 | -98.5% |
| Suppliers | 440/4 | €3,770 | €58 | -€3,712 | -98.5% |
| Advances received on contracts in progress | 46 | - | €32,099 | +€32,099 | |
| Taxes, remuneration and social security | 45 | €20,925 | €18,815 | -€2,111 | -10.1% |
| Taxes | 450/3 | €17,425 | €18,815 | +€1,389 | +8.0% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,568 | €4,703 | +€135 | +2.9% |
| Other operating charges | 640/8 | €9,450 | €1,305 | -€8,145 | -86.2% |
| Gross operating margin | 9900 | €27,499 | €6,478 | -€21,021 | -76.4% |
| Operating profit (loss) | 9901 | €13,480 | €470 | -€13,010 | -96.5% |
| Financial income | 75/76B | €1,528 | €3,943 | +€2,415 | +158.1% |
| Recurring financial income | 75 | €1,528 | €3,943 | +€2,415 | +158.1% |
| Financial charges | 65/66B | €270 | €4,265 | +€3,995 | +1480.1% |
| Recurring financial charges | 65 | €270 | €4,265 | +€3,995 | +1480.1% |
| Profit (loss) for the period before taxes | 9903 | €14,738 | €148 | -€14,590 | -99.0% |
| Income taxes | 67/77 | €5,465 | €1,408 | -€4,058 | -74.2% |
| Profit (loss) for the period | 9904 | €9,273 | -€1,259 | -€10,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,273 | -€1,259 | -€10,533 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.