TECH-NIC: 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-NIC
Largest movements
- Receivables within one year -€88,355
down €88,355 (-67.7%), from €130,465 to €42,109
of which Other amounts receivable: -€102,239
- Cash +€37,761
up €37,761 (+24.4%), from €154,561 to €192,321
mainly Receivables within one year (+€88,355) and Net result for the year (+€75,445)
- Tangible fixed assets -€24,666
down €24,666 (-92.1%), from €26,787 to €2,122
of which Furniture and vehicles: -€24,742
- Deferred charges and accrued income +€11,331
up €11,331 (+599%), from €1,892 to €13,224
- Profit (loss) carried forward -€42,203
down €42,203 (-17.5%), from €240,645 to €198,442
- Current portion of long-term debt -€13,096
no longer reported in 2025 (was €13,096)
- Debts after one year -€7,671
no longer reported in 2025 (was €7,671)
- Depreciation -€24,104
down €24,104 (-94.2%), from €25,575 to €1,471
- Taxes +€13,405
up €13,405 (+62.7%), from €21,386 to €34,791
- Gross operating margin +€12,272
up €12,272 (+11.8%), from €104,017 to €116,289
- Financial charges +€4,034
up €4,034 (+228%), from €1,772 to €5,806
- Financial income -€1,956
down €1,956 (-32.2%), from €6,070 to €4,114
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.
Derived cash bridge
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 | €314,705 | €250,776 | -€63,929 | -20.3% |
| Fixed assets | 21/28 | €27,787 | €3,122 | -€24,666 | -88.8% |
| Tangible fixed assets | 22/27 | €26,787 | €2,122 | -€24,666 | -92.1% |
| Plant, machinery and equipment | 23 | €2,045 | €2,122 | +€77 | +3.8% |
| Furniture and vehicles | 24 | €24,742 | - | -€24,742 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €286,917 | €247,654 | -€39,263 | -13.7% |
| Amounts receivable within one year | 40/41 | €130,465 | €42,109 | -€88,355 | -67.7% |
| Trade receivables | 40 | €22,402 | €36,286 | +€13,884 | +62.0% |
| Other amounts receivable | 41 | €108,063 | €5,823 | -€102,239 | -94.6% |
| Cash at bank and in hand | 54/58 | €154,561 | €192,321 | +€37,761 | +24.4% |
| Deferred charges and accrued income | 490/1 | €1,892 | €13,224 | +€11,331 | +599% |
| Total equity and liabilities | 10/49 | €314,705 | €250,776 | -€63,929 | -20.3% |
| Equity | 10/15 | €262,645 | €220,442 | -€42,203 | -16.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,645 | €198,442 | -€42,203 | -17.5% |
| Amounts payable | 17/49 | €52,060 | €30,334 | -€21,726 | -41.7% |
| Amounts payable after more than one year | 17 | €7,671 | - | -€7,671 | |
| Financial debts | 170/4 | €7,671 | - | -€7,671 | |
| Amounts payable within one year | 42/48 | €44,389 | €30,334 | -€14,056 | -31.7% |
| Current portion of amounts payable after more than one year | 42 | €13,096 | - | -€13,096 | |
| Trade debts | 44 | €6,451 | €6,828 | +€377 | +5.8% |
| Suppliers | 440/4 | €6,451 | €6,828 | +€377 | +5.8% |
| Taxes, remuneration and social security | 45 | €24,843 | €23,506 | -€1,337 | -5.4% |
| Taxes | 450/3 | €24,843 | €23,506 | -€1,337 | -5.4% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,575 | €1,471 | -€24,104 | -94.2% |
| Other operating charges | 640/8 | €2,995 | €1,289 | -€1,706 | -57.0% |
| Non-recurring operating charges | 66A | - | €1,602 | +€1,602 | |
| Gross operating margin | 9900 | €104,017 | €116,289 | +€12,272 | +11.8% |
| Operating profit (loss) | 9901 | €75,447 | €111,927 | +€36,480 | +48.4% |
| Financial income | 75/76B | €6,070 | €4,114 | -€1,956 | -32.2% |
| Recurring financial income | 75 | €6,070 | €4,114 | -€1,956 | -32.2% |
| Financial charges | 65/66B | €1,772 | €5,806 | +€4,034 | +228% |
| Recurring financial charges | 65 | €1,772 | €5,806 | +€4,034 | +228% |
| Profit (loss) for the period before taxes | 9903 | €79,745 | €110,235 | +€30,490 | +38.2% |
| Income taxes | 67/77 | €21,386 | €34,791 | +€13,405 | +62.7% |
| Profit (loss) for the period | 9904 | €58,359 | €75,445 | +€17,085 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,359 | €75,445 | +€17,085 | +29.3% |
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 13 October 2026 via checked.be.