TECHBIRDS: 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.
TECHBIRDS
Largest movements
- Receivables within one year +€4,556
up €4,556 (+46.6%), from €9,771 to €14,327
of which Trade receivables: +€5,846
- Cash +€3,210
up €3,210 (+29.5%), from €10,865 to €14,076
mainly Net result for the year (+€7,578) and Tax, wage and social debts (+€1,323)
- Tangible fixed assets +€1,087
new in 2025: €1,087
- Reserves +€20,541
new in 2025: €20,541
- Profit (loss) carried forward -€12,963
no longer reported in 2025 (was €12,963)
- Tax, wage and social debts +€1,323
up €1,323 (+28.2%), from €4,695 to €6,018
- Gross operating margin -€7,007
down €7,007 (-40.8%), from €17,172 to €10,166
- Taxes -€1,423
down €1,423 (-43.3%), from €3,289 to €1,866
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 | €20,637 | €29,489 | +€8,853 | +42.9% |
| Fixed assets | 21/28 | - | €1,087 | +€1,087 | |
| Tangible fixed assets | 22/27 | - | €1,087 | +€1,087 | |
| Plant, machinery and equipment | 23 | - | €1,087 | +€1,087 | |
| Current assets | 29/58 | €20,637 | €28,403 | +€7,766 | +37.6% |
| Amounts receivable within one year | 40/41 | €9,771 | €14,327 | +€4,556 | +46.6% |
| Trade receivables | 40 | €8,443 | €14,289 | +€5,846 | +69.2% |
| Other amounts receivable | 41 | €1,329 | €38 | -€1,291 | -97.2% |
| Cash at bank and in hand | 54/58 | €10,865 | €14,076 | +€3,210 | +29.5% |
| Total equity and liabilities | 10/49 | €20,637 | €29,489 | +€8,853 | +42.9% |
| Equity | 10/15 | €14,963 | €22,541 | +€7,578 | +50.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €20,541 | +€20,541 | |
| Distributable reserves | 133 | - | €20,541 | +€20,541 | |
| Profit (loss) carried forward | 14 | €12,963 | - | -€12,963 | |
| Amounts payable | 17/49 | €5,674 | €6,948 | +€1,274 | +22.5% |
| Amounts payable within one year | 42/48 | €5,674 | €6,948 | +€1,274 | +22.5% |
| Trade debts | 44 | €979 | €930 | -€49 | -5.0% |
| Suppliers | 440/4 | €979 | €930 | -€49 | -5.0% |
| Taxes, remuneration and social security | 45 | €4,695 | €6,018 | +€1,323 | +28.2% |
| Taxes | 450/3 | €4,695 | €6,018 | +€1,323 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €70 | +€70 | |
| Other operating charges | 640/8 | €775 | €684 | -€90 | -11.7% |
| Gross operating margin | 9900 | €17,172 | €10,166 | -€7,007 | -40.8% |
| Operating profit (loss) | 9901 | €16,398 | €9,412 | -€6,986 | -42.6% |
| Financial income | 75/76B | €0 | €133 | +€133 | +34,059% |
| Recurring financial income | 75 | €0 | €133 | +€133 | +34,059% |
| Financial charges | 65/66B | €146 | €101 | -€45 | -30.8% |
| Recurring financial charges | 65 | €146 | €101 | -€45 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €16,252 | €9,444 | -€6,808 | -41.9% |
| Income taxes | 67/77 | €3,289 | €1,866 | -€1,423 | -43.3% |
| Profit (loss) for the period | 9904 | €12,963 | €7,578 | -€5,385 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,963 | €7,578 | -€5,385 | -41.5% |
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 18 October 2026 via checked.be.