TECH-TEAM: 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-TEAM
Largest movements
- Receivables after one year +€100,000
new in 2025: €100,000
- Cash +€19,199
up €19,199 (+28.9%), from €66,536 to €85,735
mainly Net result for the year (+€88,993) and Tax, wage and social debts (+€24,565)
- Tangible fixed assets -€2,350
down €2,350 (-22.3%), from €10,552 to €8,202
- Reserves +€88,993
up €88,993 (+121.4%), from €73,286 to €162,279
- Tax, wage and social debts +€24,565
up €24,565 (+90.5%), from €27,134 to €51,699
- Gross operating margin +€22,809
up €22,809 (+24.1%), from €94,760 to €117,569
- Taxes +€5,513
up €5,513 (+29.6%), from €18,627 to €24,141
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 | €112,004 | €227,274 | +€115,270 | +102.9% |
| Fixed assets | 21/28 | €10,552 | €8,202 | -€2,350 | -22.3% |
| Tangible fixed assets | 22/27 | €10,552 | €8,202 | -€2,350 | -22.3% |
| Furniture and vehicles | 24 | €10,552 | €8,202 | -€2,350 | -22.3% |
| Current assets | 29/58 | €101,451 | €219,071 | +€117,620 | +115.9% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Trade receivables | 290 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €33,910 | €32,331 | -€1,579 | -4.7% |
| Trade receivables | 40 | €33,910 | €32,281 | -€1,629 | -4.8% |
| Other amounts receivable | 41 | - | €50 | +€50 | |
| Cash at bank and in hand | 54/58 | €66,536 | €85,735 | +€19,199 | +28.9% |
| Deferred charges and accrued income | 490/1 | €1,005 | €1,005 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €112,004 | €227,274 | +€115,270 | +102.9% |
| Equity | 10/15 | €77,786 | €166,779 | +€88,993 | +114.4% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Reserves | 13 | €73,286 | €162,279 | +€88,993 | +121.4% |
| Distributable reserves | 133 | €73,286 | €162,279 | +€88,993 | +121.4% |
| Amounts payable | 17/49 | €34,218 | €60,495 | +€26,277 | +76.8% |
| Amounts payable within one year | 42/48 | €34,218 | €60,495 | +€26,277 | +76.8% |
| Trade debts | 44 | €313 | €2,246 | +€1,933 | +617.5% |
| Suppliers | 440/4 | €313 | €2,246 | +€1,933 | +617.5% |
| Taxes, remuneration and social security | 45 | €27,134 | €51,699 | +€24,565 | +90.5% |
| Taxes | 450/3 | €27,134 | €51,699 | +€24,565 | +90.5% |
| Other amounts payable | 47/48 | €6,771 | €6,549 | -€222 | -3.3% |
| Remuneration, social security and pensions | 62 | €1,480 | €2,104 | +€624 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,198 | €2,350 | +€1,152 | +96.2% |
| Other operating charges | 640/8 | €91 | €411 | +€320 | +352.7% |
| Gross operating margin | 9900 | €94,760 | €117,569 | +€22,809 | +24.1% |
| Operating profit (loss) | 9901 | €91,992 | €112,704 | +€20,712 | +22.5% |
| Financial income | 75/76B | €21 | €779 | +€757 | +3542.1% |
| Recurring financial income | 75 | €21 | €779 | +€757 | +3542.1% |
| Financial charges | 65/66B | €100 | €349 | +€249 | +249.9% |
| Recurring financial charges | 65 | €100 | €349 | +€249 | +249.9% |
| Profit (loss) for the period before taxes | 9903 | €91,913 | €113,134 | +€21,220 | +23.1% |
| Income taxes | 67/77 | €18,627 | €24,141 | +€5,513 | +29.6% |
| Profit (loss) for the period | 9904 | €73,286 | €88,993 | +€15,707 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,286 | €88,993 | +€15,707 | +21.4% |
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 7 October 2026 via checked.be.