Tech Tribes: 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.
What changed
Tech Tribes
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9.5m
2024 · €14.9m-€5.5m
Equity
€27.3m
2024 · €21.5m+€5.8m
Cash
€5.0m
2024 · €14,041+€5.0m
Balance sheet total
€92.2m
2024 · €70.6m+€21.6m
Largest movements
Assets
- Receivables within one year +€18.4m
up €18.4m (+1235.0%), from €1.5m to €19.9m
of which Other amounts receivable: +€17.8m
- Cash +€5.0m
up €5.0m (+35414.6%), from €14,041 to €5.0m
mainly Net result for the year (+€9.5m) and Short-term financial debts (+€6.9m)
- Receivables after one year -€1.6m
down €1.6m (-4.8%), from €32.9m to €31.4m
Equity and liabilities
- Short-term financial debts +€6.9m
new in 2025: €6.9m
- Debts after one year +€6.3m
up €6.3m (+72.6%), from €8.7m to €15.0m
- Profit (loss) carried forward +€5.6m
up €5.6m (+149.0%), from €3.8m to €9.4m
- Other debts +€4.5m
up €4.5m (+11.9%), from €37.7m to €42.1m
- Current portion of long-term debt -€1.5m
down €1.5m (-100.0%), from €1.5m to €0
Income statement
- Financial income -€7.2m
down €7.2m (-40.9%), from €17.7m to €10.4m
of which Non-recurring financial income: -€9.4m
- Services and other goods -€1.7m
down €1.7m (-52.3%), from €3.2m to €1.5m
- Staff costs -€596,126
down €596,126 (-29.3%), from €2.0m to €1.4m
- Turnover -€452,102
down €452,102 (-13.6%), from €3.3m to €2.9m
- Other operating income -€49,406
down €49,406 (-35.5%), from €139,161 to €89,755
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.
Result 2024
€14.9m
Turnover
-€452,102
Other operating income
-€49,406
Services and other goods
+€1.7m
Staff costs
+€596,126
Depreciation
+€34,474
Other operating charges
+€1,800
Other operating items
-€9,350
Financial income
-€7.2m
Financial charges
-€33,890
Taxes
+€844
Result 2025
€9.5m
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.
From operations
-€3.2m
Investment
+€141,721
Financing
+€8.0m
Cash 2024
€14,041
From operations (derived)
-€3.2m
Net result for the year
+€9.5m
Depreciation
+€27,923
Receivables after one year
+€1.6m
Receivables within one year
-€18.4m
Deferred charges and accrued income
-€44,317
Trade debts
+€61,656
Tax, wage and social debts
+€93,187
Other debts
+€4.5m
Accrued charges and deferred income
-€482,562
Investment (derived)
+€141,721
Investment in fixed assets (net)
+€141,721
Financing
+€8.0m
Debts after one year
+€6.3m
Current portion of long-term debt
-€1.5m
Short-term financial debts
+€6.9m
Contributions, distributions and other
-€3.7m
Cash 2025
€5.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,597,390 | €92,235,954 | +€21.6m | +30.7% |
| Fixed assets | 21/28 | €35,819,538 | €35,649,894 | -€169,644 | -0.5% |
| Intangible fixed assets | 21 | €72,106 | €46,389 | -€25,717 | -35.7% |
| Tangible fixed assets | 22/27 | €5,003 | €9,413 | +€4,410 | +88.2% |
| Land and buildings | 22 | €5,003 | €3,309 | -€1,694 | -33.9% |
| Furniture and vehicles | 24 | - | €6,104 | +€6,104 | |
| Financial fixed assets | 28 | €35,742,430 | €35,594,092 | -€148,338 | -0.4% |
| Affiliated companies | 280/1 | €35,742,430 | €35,594,092 | -€148,338 | -0.4% |
| Participating interests | 280 | €35,742,430 | €35,594,092 | -€148,338 | -0.4% |
| Current assets | 29/58 | €34,777,852 | €56,586,060 | +€21.8m | +62.7% |
| Amounts receivable after more than one year | 29 | €32,940,051 | €31,353,485 | -€1.6m | -4.8% |
| Other amounts receivable | 291 | €32,940,051 | €31,353,485 | -€1.6m | -4.8% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €1,488,018 | €19,865,743 | +€18.4m | +1235.0% |
| Trade receivables | 40 | €644,499 | €1,207,907 | +€563,408 | +87.4% |
| Other amounts receivable | 41 | €843,518 | €18,657,836 | +€17.8m | +2111.9% |
| Cash at bank and in hand | 54/58 | €14,041 | €4,986,773 | +€5.0m | +35414.6% |
| Deferred charges and accrued income | 490/1 | €335,741 | €380,059 | +€44,317 | +13.2% |
| Total equity and liabilities | 10/49 | €70,597,390 | €92,235,954 | +€21.6m | +30.7% |
| Equity | 10/15 | €21,508,026 | €27,271,834 | +€5.8m | +26.8% |
| Contributions | 10/11 | €15,800,000 | €15,800,000 | = | 0.0% |
| Capital | 10 | €15,072,000 | €15,072,000 | = | 0.0% |
| Issued capital | 100 | €15,072,000 | €15,072,000 | = | 0.0% |
| Outside capital | 11 | €728,000 | €728,000 | = | 0.0% |
| Share premium | 1100/10 | €728,000 | €728,000 | = | 0.0% |
| Reserves | 13 | €1,948,402 | €2,108,984 | +€160,582 | +8.2% |
| Non-distributable reserves | 130/1 | €1,346,618 | €1,507,200 | +€160,582 | +11.9% |
| Legal reserve | 130 | €1,346,618 | €1,507,200 | +€160,582 | +11.9% |
| Tax-exempt reserves | 132 | €601,784 | €601,784 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,759,624 | €9,362,850 | +€5.6m | +149.0% |
| Provisions and deferred taxes | 16 | €200,595 | €200,595 | = | 0.0% |
| Deferred taxes | 168 | €200,595 | €200,595 | = | 0.0% |
| Amounts payable | 17/49 | €48,888,769 | €64,763,525 | +€15.9m | +32.5% |
| Amounts payable after more than one year | 17 | €8,691,250 | €15,000,000 | +€6.3m | +72.6% |
| Financial debts | 170/4 | €8,691,250 | €15,000,000 | +€6.3m | +72.6% |
| Credit institutions | 173 | €2,441,250 | €15,000,000 | +€12.6m | +514.4% |
| Other loans | 174 | €6,250,000 | €0 | -€6.3m | -100.0% |
| Amounts payable within one year | 42/48 | €39,714,957 | €49,763,525 | +€10.0m | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €1,500,000 | €0 | -€1.5m | -100.0% |
| Financial debts | 43 | - | €6,928,592 | +€6.9m | |
| Other loans | 439 | - | €6,928,592 | +€6.9m | |
| Trade debts | 44 | €388,787 | €450,443 | +€61,656 | +15.9% |
| Suppliers | 440/4 | €388,787 | €450,443 | +€61,656 | +15.9% |
| Taxes, remuneration and social security | 45 | €168,288 | €261,475 | +€93,187 | +55.4% |
| Taxes | 450/3 | €34,783 | €21,373 | -€13,410 | -38.6% |
| Remuneration and social security | 454/9 | €133,505 | €240,102 | +€106,597 | +79.8% |
| Other amounts payable | 47/48 | €37,657,882 | €42,123,016 | +€4.5m | +11.9% |
| Accrued charges and deferred income | 492/3 | €482,562 | €0 | -€482,562 | -100.0% |
| Operating income | 70/76A | €3,485,010 | €2,974,152 | -€510,858 | -14.7% |
| Turnover | 70 | €3,336,499 | €2,884,397 | -€452,102 | -13.6% |
| Other operating income | 74 | €139,161 | €89,755 | -€49,406 | -35.5% |
| Non-recurring operating income | 76A | €9,350 | €0 | -€9,350 | -100.0% |
| Operating charges | 60/66A | €5,300,338 | €2,993,819 | -€2.3m | -43.5% |
| Services and other goods | 61 | €3,200,256 | €1,526,137 | -€1.7m | -52.3% |
| Remuneration, social security and pensions | 62 | €2,033,704 | €1,437,578 | -€596,126 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,397 | €27,923 | -€34,474 | -55.2% |
| Other operating charges | 640/8 | €3,981 | €2,181 | -€1,800 | -45.2% |
| Operating profit (loss) | 9901 | -€1,815,328 | -€19,667 | +€1.8m | +98.9% |
| Financial income | 75/76B | €17,679,560 | €10,444,879 | -€7.2m | -40.9% |
| Recurring financial income | 75 | €7,668,452 | €9,850,651 | +€2.2m | +28.5% |
| Income from financial fixed assets | 750 | €7,000,000 | €9,000,000 | +€2.0m | +28.6% |
| Income from current assets | 751 | €668,452 | €850,651 | +€182,199 | +27.3% |
| Non-recurring financial income | 76B | €10,011,108 | €594,228 | -€9.4m | -94.1% |
| Financial charges | 65/66B | €925,568 | €959,459 | +€33,890 | +3.7% |
| Recurring financial charges | 65 | €925,568 | €959,459 | +€33,890 | +3.7% |
| Debt charges | 650 | €919,733 | €956,191 | +€36,458 | +4.0% |
| Other financial charges | 652/9 | €5,835 | €3,268 | -€2,568 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €14,938,664 | €9,465,754 | -€5.5m | -36.6% |
| Income taxes | 67/77 | €2,790 | €1,946 | -€844 | -30.3% |
| Taxes | 670/3 | €2,790 | €1,946 | -€844 | -30.3% |
| Profit (loss) for the period | 9904 | €14,935,873 | €9,463,808 | -€5.5m | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,935,873 | €9,463,808 | -€5.5m | -36.6% |
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.