TECHBO: 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.
TECHBO
Largest movements
- Cash +€69,151
up €69,151 (+690%), from €10,023 to €79,175
mainly Other debts (+€388,869) and Net result for the year (+€162,274)
- Receivables within one year -€56,857
down €56,857 (-14.4%), from €395,378 to €338,521
- Tangible fixed assets -€12,907
down €12,907 (-23.7%), from €54,447 to €41,539
of which Leasing and similar rights: -€12,012
- Other debts +€388,869
up €388,869 (+182%), from €213,523 to €602,393
- Reserves -€313,155
no longer reported in 2025 (was €313,155)
- Debts after one year -€61,818
down €61,818 (-89.7%), from €68,881 to €7,063
- Tax, wage and social debts -€50,876
down €50,876 (-47.3%), from €107,459 to €56,583
- Short-term financial debts +€40,098
new in 2025: €40,098
- Gross operating margin -€147,538
down €147,538 (-38.4%), from €383,769 to €236,232
- Taxes -€38,458
down €38,458 (-41.0%), from €93,818 to €55,360
- Depreciation +€4,693
up €4,693 (+57.1%), from €8,214 to €12,907
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 | €791,733 | €791,112 | -€621 | -0.1% |
| Fixed assets | 21/28 | €384,447 | €371,539 | -€12,907 | -3.4% |
| Tangible fixed assets | 22/27 | €54,447 | €41,539 | -€12,907 | -23.7% |
| Plant, machinery and equipment | 23 | €1,706 | €811 | -€895 | -52.5% |
| Leasing and similar rights | 25 | €52,741 | €40,729 | -€12,012 | -22.8% |
| Financial fixed assets | 28 | €330,000 | €330,000 | = | 0.0% |
| Current assets | 29/58 | €407,286 | €419,572 | +€12,286 | +3.0% |
| Amounts receivable within one year | 40/41 | €395,378 | €338,521 | -€56,857 | -14.4% |
| Trade receivables | 40 | €395,378 | €338,521 | -€56,857 | -14.4% |
| Cash at bank and in hand | 54/58 | €10,023 | €79,175 | +€69,151 | +690% |
| Deferred charges and accrued income | 490/1 | €1,885 | €1,877 | -€8 | -0.4% |
| Total equity and liabilities | 10/49 | €791,733 | €791,112 | -€621 | -0.1% |
| Equity | 10/15 | €331,755 | €18,600 | -€313,155 | -94.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €313,155 | - | -€313,155 | |
| Distributable reserves | 133 | €313,155 | - | -€313,155 | |
| Amounts payable | 17/49 | €459,978 | €772,512 | +€312,534 | +67.9% |
| Amounts payable after more than one year | 17 | €68,881 | €7,063 | -€61,818 | -89.7% |
| Financial debts | 170/4 | €68,881 | €7,063 | -€61,818 | -89.7% |
| Amounts payable within one year | 42/48 | €390,708 | €765,449 | +€374,740 | +95.9% |
| Current portion of amounts payable after more than one year | 42 | €68,897 | €61,818 | -€7,079 | -10.3% |
| Financial debts | 43 | - | €40,098 | +€40,098 | |
| Credit institutions | 430/8 | - | €40,098 | +€40,098 | |
| Trade debts | 44 | €830 | €4,557 | +€3,728 | +449% |
| Suppliers | 440/4 | €830 | €4,557 | +€3,728 | +449% |
| Taxes, remuneration and social security | 45 | €107,459 | €56,583 | -€50,876 | -47.3% |
| Taxes | 450/3 | €107,459 | €56,583 | -€50,876 | -47.3% |
| Other amounts payable | 47/48 | €213,523 | €602,393 | +€388,869 | +182% |
| Accrued charges and deferred income | 492/3 | €389 | - | -€389 | |
| Non-recurring operating income | 76A | €8,264 | - | -€8,264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,214 | €12,907 | +€4,693 | +57.1% |
| Other operating charges | 640/8 | €3,175 | €3,692 | +€517 | +16.3% |
| Gross operating margin | 9900 | €383,769 | €236,232 | -€147,538 | -38.4% |
| Operating profit (loss) | 9901 | €372,380 | €219,632 | -€152,748 | -41.0% |
| Financial charges | 65/66B | €3,276 | €1,998 | -€1,279 | -39.0% |
| Recurring financial charges | 65 | €3,276 | €1,998 | -€1,279 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €369,104 | €217,635 | -€151,470 | -41.0% |
| Income taxes | 67/77 | €93,818 | €55,360 | -€38,458 | -41.0% |
| Profit (loss) for the period | 9904 | €275,286 | €162,274 | -€113,012 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €275,286 | €162,274 | -€113,012 | -41.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.