TECHBORN: 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.
TECHBORN
Largest movements
- Cash -€44,321
down €44,321 (-82.3%), from €53,840 to €9,520
mainly Contributions, distributions and other (-€45,000) and Other debts (-€24,544)
- Receivables within one year +€17,204
up €17,204 (+67.7%), from €25,424 to €42,629
of which Trade receivables: +€15,332
- Tangible fixed assets +€6,368
up €6,368 (+43.4%), from €14,674 to €21,042
of which Furniture and vehicles: +€6,729
- Other debts -€24,544
down €24,544 (-35.3%), from €69,544 to €45,000
- Tax, wage and social debts +€2,107
up €2,107 (+43.8%), from €4,809 to €6,916
- Gross operating margin -€25,286
down €25,286 (-28.1%), from €89,969 to €64,683
- Taxes -€6,167
down €6,167 (-34.5%), from €17,856 to €11,689
- Depreciation +€3,697
up €3,697 (+202%), from €1,826 to €5,522
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 | €99,578 | €77,845 | -€21,733 | -21.8% |
| Fixed assets | 21/28 | €14,674 | €21,042 | +€6,368 | +43.4% |
| Tangible fixed assets | 22/27 | €14,674 | €21,042 | +€6,368 | +43.4% |
| Furniture and vehicles | 24 | €11,195 | €17,924 | +€6,729 | +60.1% |
| Other tangible fixed assets | 26 | €3,479 | €3,118 | -€361 | -10.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €84,904 | €56,803 | -€28,102 | -33.1% |
| Amounts receivable within one year | 40/41 | €25,424 | €42,629 | +€17,204 | +67.7% |
| Trade receivables | 40 | €24,781 | €40,113 | +€15,332 | +61.9% |
| Other amounts receivable | 41 | €644 | €2,516 | +€1,872 | +291% |
| Cash at bank and in hand | 54/58 | €53,840 | €9,520 | -€44,321 | -82.3% |
| Deferred charges and accrued income | 490/1 | €5,639 | €4,655 | -€985 | -17.5% |
| Total equity and liabilities | 10/49 | €99,578 | €77,845 | -€21,733 | -21.8% |
| Equity | 10/15 | €20,614 | €20,606 | -€9 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154 | €146 | -€9 | -5.6% |
| Amounts payable | 17/49 | €78,964 | €57,239 | -€21,724 | -27.5% |
| Amounts payable within one year | 42/48 | €78,964 | €57,158 | -€21,806 | -27.6% |
| Trade debts | 44 | €4,610 | €5,242 | +€632 | +13.7% |
| Suppliers | 440/4 | €4,610 | €5,242 | +€632 | +13.7% |
| Taxes, remuneration and social security | 45 | €4,809 | €6,916 | +€2,107 | +43.8% |
| Taxes | 450/3 | €4,809 | €6,916 | +€2,107 | +43.8% |
| Other amounts payable | 47/48 | €69,544 | €45,000 | -€24,544 | -35.3% |
| Accrued charges and deferred income | 492/3 | - | €81 | +€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €5,522 | +€3,697 | +202% |
| Other operating charges | 640/8 | €985 | €1,361 | +€377 | +38.3% |
| Gross operating margin | 9900 | €89,969 | €64,683 | -€25,286 | -28.1% |
| Operating profit (loss) | 9901 | €87,159 | €57,800 | -€29,359 | -33.7% |
| Financial income | 75/76B | €584 | €0 | -€584 | -100.0% |
| Recurring financial income | 75 | €584 | €0 | -€584 | -100.0% |
| Financial charges | 65/66B | €434 | €1,119 | +€686 | +158% |
| Recurring financial charges | 65 | €434 | €1,119 | +€686 | +158% |
| Profit (loss) for the period before taxes | 9903 | €87,309 | €56,680 | -€30,629 | -35.1% |
| Income taxes | 67/77 | €17,856 | €11,689 | -€6,167 | -34.5% |
| Profit (loss) for the period | 9904 | €69,453 | €44,991 | -€24,461 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,453 | €44,991 | -€24,461 | -35.2% |
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.