TECH-NEO: 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-NEO
Largest movements
- Intangible fixed assets +€130,296
new in 2025: €130,296
- Cash -€68,591
down €68,591 (-89.9%), from €76,275 to €7,685
mainly Investment in fixed assets (net) (-€144,533) and Receivables within one year (-€57,455)
- Receivables within one year +€57,455
up €57,455 (+192.9%), from €29,793 to €87,248
of which Trade receivables: +€55,474
- Tangible fixed assets -€4,635
down €4,635 (-27.1%), from €17,120 to €12,485
of which Furniture and vehicles: -€4,310
- Trade debts +€48,949
up €48,949 (+1410.9%), from €3,469 to €52,419
- Reserves +€40,475
up €40,475 (+48.4%), from €83,633 to €124,109
of which Distributable reserves: +€40,475
- Other debts +€34,776
new in 2025: €34,776
- Tax, wage and social debts -€7,810
down €7,810 (-29.8%), from €26,189 to €18,379
of which Remuneration and social security: -€13,936
- Gross operating margin -€50,025
down €50,025 (-15.3%), from €327,668 to €277,643
- Taxes -€17,205
down €17,205 (-42.7%), from €40,329 to €23,124
- Depreciation +€9,718
up €9,718 (+120.4%), from €8,074 to €17,792
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 | €131,692 | €249,346 | +€117,654 | +89.3% |
| Fixed assets | 21/28 | €17,350 | €144,091 | +€126,741 | +730.5% |
| Intangible fixed assets | 21 | - | €130,296 | +€130,296 | |
| Tangible fixed assets | 22/27 | €17,120 | €12,485 | -€4,635 | -27.1% |
| Plant, machinery and equipment | 23 | €735 | €410 | -€325 | -44.2% |
| Furniture and vehicles | 24 | €16,386 | €12,075 | -€4,310 | -26.3% |
| Financial fixed assets | 28 | €230 | €1,310 | +€1,080 | +469.6% |
| Current assets | 29/58 | €114,342 | €105,255 | -€9,087 | -7.9% |
| Amounts receivable within one year | 40/41 | €29,793 | €87,248 | +€57,455 | +192.9% |
| Trade receivables | 40 | €20,781 | €76,255 | +€55,474 | +266.9% |
| Other amounts receivable | 41 | €9,012 | €10,993 | +€1,981 | +22.0% |
| Cash at bank and in hand | 54/58 | €76,275 | €7,685 | -€68,591 | -89.9% |
| Deferred charges and accrued income | 490/1 | €8,274 | €10,322 | +€2,048 | +24.8% |
| Total equity and liabilities | 10/49 | €131,692 | €249,346 | +€117,654 | +89.3% |
| Equity | 10/15 | €102,033 | €142,509 | +€40,475 | +39.7% |
| Contributions | 10/11 | €18,400 | €18,400 | = | 0.0% |
| Reserves | 13 | €83,633 | €124,109 | +€40,475 | +48.4% |
| 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 | €81,773 | €122,249 | +€40,475 | +49.5% |
| Amounts payable | 17/49 | €29,659 | €106,837 | +€77,179 | +260.2% |
| Amounts payable within one year | 42/48 | €29,659 | €105,574 | +€75,915 | +256.0% |
| Trade debts | 44 | €3,469 | €52,419 | +€48,949 | +1410.9% |
| Suppliers | 440/4 | €3,469 | €52,419 | +€48,949 | +1410.9% |
| Taxes, remuneration and social security | 45 | €26,189 | €18,379 | -€7,810 | -29.8% |
| Taxes | 450/3 | €10,853 | €16,980 | +€6,126 | +56.4% |
| Remuneration and social security | 454/9 | €15,336 | €1,400 | -€13,936 | -90.9% |
| Other amounts payable | 47/48 | - | €34,776 | +€34,776 | |
| Accrued charges and deferred income | 492/3 | - | €1,263 | +€1,263 | |
| Remuneration, social security and pensions | 62 | €190,333 | €189,958 | -€375 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,074 | €17,792 | +€9,718 | +120.4% |
| Other operating charges | 640/8 | €2,056 | €857 | -€1,199 | -58.3% |
| Gross operating margin | 9900 | €327,668 | €277,643 | -€50,025 | -15.3% |
| Operating profit (loss) | 9901 | €127,206 | €69,036 | -€58,170 | -45.7% |
| Financial income | 75/76B | €70 | €56 | -€14 | -20.0% |
| Recurring financial income | 75 | €70 | €56 | -€14 | -20.0% |
| Financial charges | 65/66B | €155 | €1,492 | +€1,337 | +862.4% |
| Recurring financial charges | 65 | €155 | €1,492 | +€1,337 | +862.4% |
| Profit (loss) for the period before taxes | 9903 | €127,121 | €67,599 | -€59,521 | -46.8% |
| Income taxes | 67/77 | €40,329 | €23,124 | -€17,205 | -42.7% |
| Profit (loss) for the period | 9904 | €86,792 | €44,475 | -€42,316 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,792 | €44,475 | -€42,316 | -48.8% |
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 10 October 2026 via checked.be.