Tech S: 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 S
Largest movements
- Receivables within one year -€12,638
down €12,638 (-86.2%), from €14,664 to €2,026
of which Trade receivables: -€13,141
- Cash +€3,191
up €3,191 (+90.1%), from €3,543 to €6,734
mainly Receivables within one year (+€12,638) and Tax, wage and social debts (+€4,601)
- Stocks and contracts +€2,788
up €2,788 (+110%), from €2,538 to €5,326
- Tangible fixed assets -€1,179
down €1,179 (-62.3%), from €1,893 to €714
of which Furniture and vehicles: -€731
- Tax, wage and social debts +€4,601
up €4,601 (+523%), from €879 to €5,480
- Trade debts -€4,096
down €4,096 (-25.1%), from €16,317 to €12,221
- Short-term financial debts -€3,398
down €3,398 (-71.5%), from €4,755 to €1,357
- Profit (loss) carried forward -€2,670
down €2,670 (-34.1%), from -€7,829 to -€10,499
- Other debts -€2,275
no longer reported in 2025 (was €2,275)
- Purchases and services -€20,682
down €20,682 (-31.3%), from €66,078 to €45,396
- Turnover -€11,504
down €11,504 (-20.3%), from €56,546 to €45,042
- Gross operating margin +€9,178
up €9,178 (+96.3%), from -€9,532 to -€354
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 | €22,764 | €14,926 | -€7,838 | -34.4% |
| Fixed assets | 21/28 | €2,019 | €840 | -€1,179 | -58.4% |
| Tangible fixed assets | 22/27 | €1,893 | €714 | -€1,179 | -62.3% |
| Plant, machinery and equipment | 23 | €492 | €44 | -€448 | -91.1% |
| Furniture and vehicles | 24 | €1,401 | €670 | -€731 | -52.2% |
| Financial fixed assets | 28 | €126 | €126 | = | 0.0% |
| Current assets | 29/58 | €20,745 | €14,086 | -€6,659 | -32.1% |
| Stocks and contracts in progress | 3 | €2,538 | €5,326 | +€2,788 | +110% |
| Stocks | 30/36 | €2,538 | €5,326 | +€2,788 | +110% |
| Amounts receivable within one year | 40/41 | €14,664 | €2,026 | -€12,638 | -86.2% |
| Trade receivables | 40 | €13,141 | - | -€13,141 | |
| Other amounts receivable | 41 | €1,523 | €2,026 | +€503 | +33.0% |
| Cash at bank and in hand | 54/58 | €3,543 | €6,734 | +€3,191 | +90.1% |
| Total equity and liabilities | 10/49 | €22,764 | €14,926 | -€7,838 | -34.4% |
| Equity | 10/15 | -€1,462 | -€4,132 | -€2,670 | -183% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €167 | €167 | = | 0.0% |
| Distributable reserves | 133 | €167 | €167 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,829 | -€10,499 | -€2,670 | -34.1% |
| Amounts payable | 17/49 | €24,226 | €19,058 | -€5,168 | -21.3% |
| Amounts payable within one year | 42/48 | €24,226 | €19,058 | -€5,168 | -21.3% |
| Financial debts | 43 | €4,755 | €1,357 | -€3,398 | -71.5% |
| Credit institutions | 430/8 | €4,755 | €1,357 | -€3,398 | -71.5% |
| Trade debts | 44 | €16,317 | €12,221 | -€4,096 | -25.1% |
| Suppliers | 440/4 | €16,317 | €12,221 | -€4,096 | -25.1% |
| Taxes, remuneration and social security | 45 | €879 | €5,480 | +€4,601 | +523% |
| Remuneration and social security | 454/9 | €879 | €5,480 | +€4,601 | +523% |
| Other amounts payable | 47/48 | €2,275 | - | -€2,275 | |
| Turnover | 70 | €56,546 | €45,042 | -€11,504 | -20.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,078 | €45,396 | -€20,682 | -31.3% |
| Remuneration, social security and pensions | 62 | €99 | €3 | -€96 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €1,179 | -€36 | -3.0% |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | -€9,532 | -€354 | +€9,178 | +96.3% |
| Operating profit (loss) | 9901 | -€10,952 | -€1,642 | +€9,310 | +85.0% |
| Financial charges | 65/66B | €561 | €682 | +€121 | +21.6% |
| Recurring financial charges | 65 | €561 | €682 | +€121 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,513 | -€2,324 | +€9,189 | +79.8% |
| Income taxes | 67/77 | €331 | €346 | +€15 | +4.5% |
| Profit (loss) for the period | 9904 | -€11,844 | -€2,670 | +€9,174 | +77.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,844 | -€2,670 | +€9,174 | +77.5% |
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 29 October 2026 via checked.be.