TECH-IMMO SERVICES: what changed
What changed
TECH-IMMO SERVICES
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€16,226
2024 · €22,395-€38,621
Equity
€23,439
2024 · €39,666-€16,226
Cash
€36,610
2024 · €39,517-€2,907
Balance sheet total
€232,547
2024 · €184,528+€48,019
Largest movements
Assets
- Receivables within one year +€57,664
up €57,664 (+53.1%), from €108,625 to €166,289
of which Trade receivables: +€55,309
- Tangible fixed assets -€4,781
down €4,781 (-20.4%), from €23,482 to €18,701
of which Furniture and vehicles: -€4,008
- Cash -€2,907
down €2,907 (-7.4%), from €39,517 to €36,610
mainly Receivables within one year (-€57,664) and Net result for the year (-€16,226)
Equity and liabilities
- Trade debts +€64,583
up €64,583 (+110%), from €58,612 to €123,195
- Profit (loss) carried forward -€16,226
down €16,226 (-84.5%), from €19,206 to €2,979
- Advances received +€13,369
up €13,369 (+309%), from €4,332 to €17,701
- Other debts -€6,003
down €6,003 (-19.2%), from €31,343 to €25,340
- Debts after one year -€6,000
down €6,000 (-50.0%), from €12,000 to €6,000
Income statement
- Staff costs +€32,675
up €32,675 (+19.2%), from €170,196 to €202,871
- Write-downs +€23,706
new in 2025: €23,706
- Financial income +€19,227
up €19,227 (+989%), from €1,945 to €21,172
- Gross operating margin -€18,183
down €18,183 (-8.2%), from €223,051 to €204,868
- Purchases and services +€17,195
up €17,195 (+3.6%), from €471,369 to €488,564
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€22,395
Gross operating margin
-€18,183
Staff costs
-€32,675
Depreciation
+€1,131
Write-downs
-€23,706
Other operating charges
+€1,847
Financial income
+€19,227
Financial charges
+€182
Taxes
+€13,557
Result 2025
-€16,226
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7,377
Investment
-€5,066
Financing
-€5,218
Cash 2024
€39,517
From operations (derived)
+€7,377
Net result for the year
-€16,226
Depreciation
+€9,847
Receivables within one year
-€57,664
Deferred charges and accrued income
+€1,958
Trade debts
+€64,583
Tax, wage and social debts
-€2,486
Advances received
+€13,369
Other debts
-€6,003
Investment (derived)
-€5,066
Investment in fixed assets (net)
-€5,066
Financing
-€5,218
Debts after one year
-€6,000
Current portion of long-term debt
+€1,000
Short-term financial debts
-€218
Cash 2025
€36,610
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,528 | €232,547 | +€48,019 | +26.0% |
| Fixed assets | 21/28 | €26,265 | €21,484 | -€4,781 | -18.2% |
| Tangible fixed assets | 22/27 | €23,482 | €18,701 | -€4,781 | -20.4% |
| Furniture and vehicles | 24 | €21,162 | €17,154 | -€4,008 | -18.9% |
| Other tangible fixed assets | 26 | €2,320 | €1,547 | -€774 | -33.3% |
| Financial fixed assets | 28 | €2,783 | €2,783 | = | 0.0% |
| Current assets | 29/58 | €158,262 | €211,062 | +€52,800 | +33.4% |
| Amounts receivable within one year | 40/41 | €108,625 | €166,289 | +€57,664 | +53.1% |
| Trade receivables | 40 | €107,065 | €162,374 | +€55,309 | +51.7% |
| Other amounts receivable | 41 | €1,559 | €3,915 | +€2,356 | +151% |
| Cash at bank and in hand | 54/58 | €39,517 | €36,610 | -€2,907 | -7.4% |
| Deferred charges and accrued income | 490/1 | €10,121 | €8,163 | -€1,958 | -19.3% |
| Total equity and liabilities | 10/49 | €184,528 | €232,547 | +€48,019 | +26.0% |
| Equity | 10/15 | €39,666 | €23,439 | -€16,226 | -40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €19,206 | €2,979 | -€16,226 | -84.5% |
| Amounts payable | 17/49 | €144,862 | €209,107 | +€64,245 | +44.3% |
| Amounts payable after more than one year | 17 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Financial debts | 170/4 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Amounts payable within one year | 42/48 | €132,862 | €203,107 | +€70,245 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €7,000 | €8,000 | +€1,000 | +14.3% |
| Financial debts | 43 | €3,409 | €3,191 | -€218 | -6.4% |
| Other loans | 439 | €3,409 | €3,191 | -€218 | -6.4% |
| Trade debts | 44 | €58,612 | €123,195 | +€64,583 | +110% |
| Suppliers | 440/4 | €58,612 | €123,195 | +€64,583 | +110% |
| Advances received on contracts in progress | 46 | €4,332 | €17,701 | +€13,369 | +309% |
| Taxes, remuneration and social security | 45 | €28,167 | €25,680 | -€2,486 | -8.8% |
| Taxes | 450/3 | €17,252 | €10,867 | -€6,385 | -37.0% |
| Remuneration and social security | 454/9 | €10,915 | €14,814 | +€3,899 | +35.7% |
| Other amounts payable | 47/48 | €31,343 | €25,340 | -€6,003 | -19.2% |
| Turnover | 70 | €681,420 | €693,432 | +€12,012 | +1.8% |
| Non-recurring operating income | 76A | €13,000 | - | -€13,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €471,369 | €488,564 | +€17,195 | +3.6% |
| Remuneration, social security and pensions | 62 | €170,196 | €202,871 | +€32,675 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,978 | €9,847 | -€1,131 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,706 | +€23,706 | |
| Other operating charges | 640/8 | €5,469 | €3,622 | -€1,847 | -33.8% |
| Gross operating margin | 9900 | €223,051 | €204,868 | -€18,183 | -8.2% |
| Operating profit (loss) | 9901 | €36,409 | -€35,176 | -€71,586 | |
| Financial income | 75/76B | €1,945 | €21,172 | +€19,227 | +989% |
| Recurring financial income | 75 | €1,945 | €21,172 | +€19,227 | +989% |
| Financial charges | 65/66B | €2,008 | €1,826 | -€182 | -9.0% |
| Recurring financial charges | 65 | €2,008 | €1,826 | -€182 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €36,346 | -€15,831 | -€52,177 | |
| Income taxes | 67/77 | €13,952 | €395 | -€13,557 | -97.2% |
| Profit (loss) for the period | 9904 | €22,395 | -€16,226 | -€38,621 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,395 | -€16,226 | -€38,621 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.