TECHCADD: 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.
TECHCADD
Largest movements
- Cash +€88,564
up €88,564 (+66.9%), from €132,385 to €220,949
mainly Net result for the year (+€53,301) and Tax, wage and social debts (+€19,624)
- Receivables after one year -€12,080
down €12,080 (-39.9%), from €30,306 to €18,226
- Reserves +€53,301
up €53,301 (+40.5%), from €131,742 to €185,044
- Tax, wage and social debts +€19,624
up €19,624 (+50.2%), from €39,130 to €58,754
- Gross operating margin -€8,912
down €8,912 (-11.1%), from €80,206 to €71,293
- Taxes -€1,628
down €1,628 (-10.1%), from €16,065 to €14,437
- Other operating charges -€1,573
down €1,573 (-34.4%), from €4,578 to €3,005
- Financial income -€1,006
down €1,006 (-34.0%), from €2,954 to €1,949
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 | €179,411 | €252,181 | +€72,770 | +40.6% |
| Fixed assets | 21/28 | €652 | €332 | -€319 | -49.0% |
| Tangible fixed assets | 22/27 | €652 | €332 | -€319 | -49.0% |
| Plant, machinery and equipment | 23 | €652 | €332 | -€319 | -49.0% |
| Current assets | 29/58 | €178,759 | €251,849 | +€73,089 | +40.9% |
| Amounts receivable after more than one year | 29 | €30,306 | €18,226 | -€12,080 | -39.9% |
| Other amounts receivable | 291 | €30,306 | €18,226 | -€12,080 | -39.9% |
| Amounts receivable within one year | 40/41 | €15,151 | €12,673 | -€2,478 | -16.4% |
| Trade receivables | 40 | €15,151 | €12,673 | -€2,478 | -16.4% |
| Cash at bank and in hand | 54/58 | €132,385 | €220,949 | +€88,564 | +66.9% |
| Deferred charges and accrued income | 490/1 | €917 | - | -€917 | |
| Total equity and liabilities | 10/49 | €179,411 | €252,181 | +€72,770 | +40.6% |
| Equity | 10/15 | €136,742 | €190,044 | +€53,301 | +39.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,742 | €185,044 | +€53,301 | +40.5% |
| Distributable reserves | 133 | €131,742 | €185,044 | +€53,301 | +40.5% |
| Amounts payable | 17/49 | €42,669 | €62,137 | +€19,469 | +45.6% |
| Amounts payable within one year | 42/48 | €42,669 | €62,137 | +€19,469 | +45.6% |
| Trade debts | 44 | €3,539 | €3,384 | -€155 | -4.4% |
| Suppliers | 440/4 | €3,539 | €3,384 | -€155 | -4.4% |
| Taxes, remuneration and social security | 45 | €39,130 | €58,754 | +€19,624 | +50.2% |
| Taxes | 450/3 | €39,130 | €58,754 | +€19,624 | +50.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306 | €319 | +€13 | +4.3% |
| Other operating charges | 640/8 | €4,578 | €3,005 | -€1,573 | -34.4% |
| Gross operating margin | 9900 | €80,206 | €71,293 | -€8,912 | -11.1% |
| Operating profit (loss) | 9901 | €75,321 | €67,969 | -€7,352 | -9.8% |
| Financial income | 75/76B | €2,954 | €1,949 | -€1,006 | -34.0% |
| Recurring financial income | 75 | €2,954 | €1,949 | -€1,006 | -34.0% |
| Financial charges | 65/66B | €1,792 | €2,180 | +€388 | +21.7% |
| Recurring financial charges | 65 | €1,792 | €2,180 | +€388 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €76,484 | €67,738 | -€8,746 | -11.4% |
| Income taxes | 67/77 | €16,065 | €14,437 | -€1,628 | -10.1% |
| Profit (loss) for the period | 9904 | €60,419 | €53,301 | -€7,117 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,419 | €53,301 | -€7,117 | -11.8% |
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 11 October 2026 via checked.be.