TECHBOX COOLING: 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.
TECHBOX COOLING
Largest movements
- Deferred charges and accrued income +€45,827
up €45,827 (+70.6%), from €64,954 to €110,782
- Stocks and contracts -€44,576
down €44,576 (-21.3%), from €209,509 to €164,933
- Receivables within one year +€41,864
up €41,864 (+6.3%), from €664,701 to €706,565
of which Trade receivables: +€155,306
- Intangible fixed assets -€25,160
down €25,160 (-52.9%), from €47,534 to €22,374
- Tangible fixed assets -€15,293
down €15,293 (-15.1%), from €101,041 to €85,748
of which Leasing and similar rights: -€20,901
- Reserves +€42,345
up €42,345 (+7.1%), from €598,615 to €640,960
of which Distributable reserves: +€42,345
- Tax, wage and social debts +€33,836
up €33,836 (+32.4%), from €104,465 to €138,301
of which Remuneration and social security: +€34,221
- Trade debts -€33,041
down €33,041 (-11.6%), from €285,451 to €252,410
- Debts after one year -€24,217
down €24,217 (-71.5%), from €33,873 to €9,656
- Accrued charges and deferred income -€17,000
down €17,000 (-100.0%), from €17,000 to €0
- Other operating charges +€261,395
up €261,395 (+73.0%), from €358,099 to €619,494
- Gross operating margin +€239,975
up €239,975 (+16.7%), from €1.4m to €1.7m
- Staff costs +€32,260
up €32,260 (+3.6%), from €896,817 to €929,077
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,088,211 | €1,090,545 | +€2,335 | +0.2% |
| Fixed assets | 21/28 | €148,575 | €108,122 | -€40,453 | -27.2% |
| Intangible fixed assets | 21 | €47,534 | €22,374 | -€25,160 | -52.9% |
| Tangible fixed assets | 22/27 | €101,041 | €85,748 | -€15,293 | -15.1% |
| Plant, machinery and equipment | 23 | €38,000 | €37,284 | -€717 | -1.9% |
| Furniture and vehicles | 24 | €10,590 | €7,578 | -€3,013 | -28.4% |
| Leasing and similar rights | 25 | €42,890 | €21,989 | -€20,901 | -48.7% |
| Other tangible fixed assets | 26 | €9,561 | €18,898 | +€9,337 | +97.7% |
| Current assets | 29/58 | €939,636 | €982,423 | +€42,787 | +4.6% |
| Stocks and contracts in progress | 3 | €209,509 | €164,933 | -€44,576 | -21.3% |
| Stocks | 30/36 | €209,509 | €164,933 | -€44,576 | -21.3% |
| Amounts receivable within one year | 40/41 | €664,701 | €706,565 | +€41,864 | +6.3% |
| Trade receivables | 40 | €189,748 | €345,054 | +€155,306 | +81.8% |
| Other amounts receivable | 41 | €474,953 | €361,512 | -€113,441 | -23.9% |
| Cash at bank and in hand | 54/58 | €471 | €143 | -€329 | -69.7% |
| Deferred charges and accrued income | 490/1 | €64,954 | €110,782 | +€45,827 | +70.6% |
| Total equity and liabilities | 10/49 | €1,088,211 | €1,090,545 | +€2,335 | +0.2% |
| Equity | 10/15 | €623,615 | €665,960 | +€42,345 | +6.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €598,615 | €640,960 | +€42,345 | +7.1% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €596,115 | €638,460 | +€42,345 | +7.1% |
| Amounts payable | 17/49 | €464,596 | €424,585 | -€40,011 | -8.6% |
| Amounts payable after more than one year | 17 | €33,873 | €9,656 | -€24,217 | -71.5% |
| Financial debts | 170/4 | €33,873 | €9,656 | -€24,217 | -71.5% |
| Amounts payable within one year | 42/48 | €413,722 | €414,929 | +€1,206 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €23,806 | €24,217 | +€412 | +1.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €285,451 | €252,410 | -€33,041 | -11.6% |
| Suppliers | 440/4 | €285,451 | €252,410 | -€33,041 | -11.6% |
| Taxes, remuneration and social security | 45 | €104,465 | €138,301 | +€33,836 | +32.4% |
| Taxes | 450/3 | €18,952 | €18,568 | -€385 | -2.0% |
| Remuneration and social security | 454/9 | €85,513 | €119,734 | +€34,221 | +40.0% |
| Accrued charges and deferred income | 492/3 | €17,000 | €0 | -€17,000 | -100.0% |
| Non-recurring operating income | 76A | €14,314 | €16,660 | +€2,346 | +16.4% |
| Remuneration, social security and pensions | 62 | €896,817 | €929,077 | +€32,260 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,446 | €61,619 | +€2,173 | +3.7% |
| Other operating charges | 640/8 | €358,099 | €619,494 | +€261,395 | +73.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,439,895 | €1,679,870 | +€239,975 | +16.7% |
| Operating profit (loss) | 9901 | €125,532 | €69,679 | -€55,853 | -44.5% |
| Financial income | 75/76B | €2,757 | €8,250 | +€5,493 | +199.2% |
| Recurring financial income | 75 | €2,757 | €8,250 | +€5,493 | +199.2% |
| Financial charges | 65/66B | €21,059 | €16,630 | -€4,429 | -21.0% |
| Recurring financial charges | 65 | €21,059 | €16,630 | -€4,429 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €107,231 | €61,300 | -€45,931 | -42.8% |
| Income taxes | 67/77 | €33,345 | €18,954 | -€14,390 | -43.2% |
| Profit (loss) for the period | 9904 | €73,886 | €42,345 | -€31,541 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €73,886 | €42,345 | -€31,541 | -42.7% |
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 4 October 2026 via checked.be.