Tech Paw: 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 Paw
Largest movements
- Cash -€28,227
down €28,227 (-48.5%), from €58,211 to €29,983
mainly Net result for the year (-€24,631) and Tax, wage and social debts (-€4,212)
- Tangible fixed assets -€632
down €632 (-33.6%), from €1,882 to €1,250
- Profit (loss) carried forward -€24,631
down €24,631 (-86.8%), from €28,390 to €3,759
- Tax, wage and social debts -€4,212
down €4,212 (-25.7%), from €16,404 to €12,192
- Gross operating margin -€68,438
down €68,438, from €47,443 to -€20,995
- Taxes -€9,997
down €9,997 (-90.1%), from €11,095 to €1,097
- Other operating charges -€2,274
down €2,274 (-88.1%), from €2,583 to €308
- Depreciation -€1,844
down €1,844 (-68.6%), from €2,687 to €842
- Financial charges -€1,363
down €1,363 (-49.1%), from €2,773 to €1,410
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 | €60,781 | €32,609 | -€28,172 | -46.4% |
| Fixed assets | 21/28 | €1,882 | €1,250 | -€632 | -33.6% |
| Tangible fixed assets | 22/27 | €1,882 | €1,250 | -€632 | -33.6% |
| Furniture and vehicles | 24 | €1,882 | €1,250 | -€632 | -33.6% |
| Current assets | 29/58 | €58,899 | €31,359 | -€27,540 | -46.8% |
| Amounts receivable within one year | 40/41 | - | €158 | +€158 | |
| Other amounts receivable | 41 | - | €158 | +€158 | |
| Cash at bank and in hand | 54/58 | €58,211 | €29,983 | -€28,227 | -48.5% |
| Deferred charges and accrued income | 490/1 | €688 | €1,218 | +€530 | +76.9% |
| Total equity and liabilities | 10/49 | €60,781 | €32,609 | -€28,172 | -46.4% |
| Equity | 10/15 | €38,390 | €13,759 | -€24,631 | -64.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,390 | €3,759 | -€24,631 | -86.8% |
| Amounts payable | 17/49 | €22,391 | €18,850 | -€3,541 | -15.8% |
| Amounts payable within one year | 42/48 | €22,391 | €18,850 | -€3,541 | -15.8% |
| Trade debts | 44 | €1,031 | €1,194 | +€164 | +15.9% |
| Suppliers | 440/4 | €1,031 | €1,194 | +€164 | +15.9% |
| Taxes, remuneration and social security | 45 | €16,404 | €12,192 | -€4,212 | -25.7% |
| Taxes | 450/3 | €16,404 | €12,192 | -€4,212 | -25.7% |
| Other amounts payable | 47/48 | €4,957 | €5,464 | +€507 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,687 | €842 | -€1,844 | -68.6% |
| Other operating charges | 640/8 | €2,583 | €308 | -€2,274 | -88.1% |
| Gross operating margin | 9900 | €47,443 | -€20,995 | -€68,438 | |
| Operating profit (loss) | 9901 | €42,174 | -€22,146 | -€64,320 | |
| Financial income | 75/76B | €84 | €22 | -€62 | -73.4% |
| Recurring financial income | 75 | €84 | €22 | -€62 | -73.4% |
| Financial charges | 65/66B | €2,773 | €1,410 | -€1,363 | -49.1% |
| Recurring financial charges | 65 | €2,773 | €1,410 | -€1,363 | -49.1% |
| Profit (loss) for the period before taxes | 9903 | €39,485 | -€23,534 | -€63,018 | |
| Income taxes | 67/77 | €11,095 | €1,097 | -€9,997 | -90.1% |
| Profit (loss) for the period | 9904 | €28,390 | -€24,631 | -€53,021 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,390 | -€24,631 | -€53,021 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.