TECH8: 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.
TECH8
Largest movements
- Cash +€52,415
up €52,415 (+134%), from €39,213 to €91,628
mainly Net result for the year (+€62,315) and Trade debts (+€34,288)
- Receivables after one year +€48,985
up €48,985 (+60.9%), from €80,478 to €129,463
- Current investments +€15,907
up €15,907 (+77.7%), from €20,482 to €36,388
- Receivables within one year +€11,748
up €11,748 (+12.4%), from €95,067 to €106,815
of which Trade receivables: +€9,838
- Tangible fixed assets -€3,943
down €3,943 (-15.1%), from €26,056 to €22,113
of which Other tangible fixed assets: -€2,020
- Reserves +€62,315
up €62,315 (+28.2%), from €221,137 to €283,452
- Trade debts +€34,288
up €34,288 (+133%), from €25,826 to €60,114
- Current portion of long-term debt +€31,970
up €31,970 (+792%), from €4,038 to €36,008
- Debts after one year -€4,008
down €4,008 (-92.1%), from €4,350 to €343
- Gross operating margin -€4,121
down €4,121 (-4.4%), from €94,660 to €90,539
- Taxes -€1,387
down €1,387 (-7.1%), from €19,483 to €18,096
- Depreciation -€1,237
down €1,237 (-15.3%), from €8,069 to €6,832
- Financial charges +€1,014
up €1,014 (+21.7%), from €4,675 to €5,689
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 | €262,796 | €388,171 | +€125,376 | +47.7% |
| Fixed assets | 21/28 | €27,556 | €23,613 | -€3,943 | -14.3% |
| Tangible fixed assets | 22/27 | €26,056 | €22,113 | -€3,943 | -15.1% |
| Plant, machinery and equipment | 23 | €5,098 | €3,835 | -€1,263 | -24.8% |
| Furniture and vehicles | 24 | €6,967 | €6,307 | -€660 | -9.5% |
| Other tangible fixed assets | 26 | €13,991 | €11,971 | -€2,020 | -14.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €235,239 | €364,558 | +€129,319 | +55.0% |
| Amounts receivable after more than one year | 29 | €80,478 | €129,463 | +€48,985 | +60.9% |
| Other amounts receivable | 291 | €80,478 | €129,463 | +€48,985 | +60.9% |
| Amounts receivable within one year | 40/41 | €95,067 | €106,815 | +€11,748 | +12.4% |
| Trade receivables | 40 | €71,275 | €81,114 | +€9,838 | +13.8% |
| Other amounts receivable | 41 | €23,792 | €25,702 | +€1,910 | +8.0% |
| Current investments | 50/53 | €20,482 | €36,388 | +€15,907 | +77.7% |
| Cash at bank and in hand | 54/58 | €39,213 | €91,628 | +€52,415 | +134% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €262,796 | €388,171 | +€125,376 | +47.7% |
| Equity | 10/15 | €224,137 | €286,452 | +€62,315 | +27.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €221,137 | €283,452 | +€62,315 | +28.2% |
| Distributable reserves | 133 | €221,137 | €283,452 | +€62,315 | +28.2% |
| Amounts payable | 17/49 | €38,659 | €101,720 | +€63,061 | +163% |
| Amounts payable after more than one year | 17 | €4,350 | €343 | -€4,008 | -92.1% |
| Financial debts | 170/4 | €4,350 | €343 | -€4,008 | -92.1% |
| Amounts payable within one year | 42/48 | €34,308 | €101,377 | +€67,069 | +195% |
| Current portion of amounts payable after more than one year | 42 | €4,038 | €36,008 | +€31,970 | +792% |
| Trade debts | 44 | €25,826 | €60,114 | +€34,288 | +133% |
| Suppliers | 440/4 | €25,826 | €60,114 | +€34,288 | +133% |
| Taxes, remuneration and social security | 45 | €4,444 | €5,255 | +€811 | +18.3% |
| Taxes | 450/3 | €4,444 | €5,255 | +€811 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,069 | €6,832 | -€1,237 | -15.3% |
| Other operating charges | 640/8 | €803 | €145 | -€657 | -81.9% |
| Gross operating margin | 9900 | €94,660 | €90,539 | -€4,121 | -4.4% |
| Operating profit (loss) | 9901 | €85,788 | €83,562 | -€2,226 | -2.6% |
| Financial income | 75/76B | €1,922 | €2,539 | +€616 | +32.1% |
| Recurring financial income | 75 | €1,922 | €2,539 | +€616 | +32.1% |
| Financial charges | 65/66B | €4,675 | €5,689 | +€1,014 | +21.7% |
| Recurring financial charges | 65 | €4,675 | €5,689 | +€1,014 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €83,035 | €80,411 | -€2,624 | -3.2% |
| Income taxes | 67/77 | €19,483 | €18,096 | -€1,387 | -7.1% |
| Profit (loss) for the period | 9904 | €63,552 | €62,315 | -€1,237 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €63,552 | €62,315 | -€1,237 | -1.9% |
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.