TECHCON INVEST: 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.
TECHCON INVEST
Largest movements
- Tangible fixed assets -€233,421
down €233,421 (-100%), from €233,421 to €0
- Debts after one year -€158,986
down €158,986 (-98.8%), from €160,886 to €1,900
of which Financial debts: -€158,986
- Profit (loss) carried forward -€44,868
down €44,868 (-207%), from -€21,637 to -€66,506
- Trade debts -€15,208
down €15,208 (-95.5%), from €15,925 to €717
- Current portion of long-term debt -€7,978
down €7,978 (-100%), from €7,978 to €0
- Other debts -€3,990
down €3,990 (-6.7%), from €59,175 to €55,184
- Gross operating margin -€10,618
down €10,618 (-301%), from -€3,524 to -€14,142
- Depreciation -€5,287
down €5,287 (-96.7%), from €5,469 to €182
- Financial charges +€3,997
up €3,997 (+331%), from €1,209 to €5,206
- Other operating charges -€847
down €847 (-100%), from €847 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,872 | €1,295 | -€233,577 | -99.4% |
| Formation expenses | 20 | €1,452 | €1,270 | -€182 | -12.5% |
| Fixed assets | 21/28 | €233,421 | €0 | -€233,421 | -100% |
| Tangible fixed assets | 22/27 | €233,421 | €0 | -€233,421 | -100% |
| Land and buildings | 22 | €233,421 | €0 | -€233,421 | -100% |
| Current assets | 29/58 | €0 | €25 | +€25 | |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €0 | €25 | +€25 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €234,872 | €1,295 | -€233,577 | -99.4% |
| Equity | 10/15 | -€11,637 | -€56,506 | -€44,868 | -386% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,637 | -€66,506 | -€44,868 | -207% |
| Amounts payable | 17/49 | €246,509 | €57,801 | -€188,709 | -76.6% |
| Amounts payable after more than one year | 17 | €160,886 | €1,900 | -€158,986 | -98.8% |
| Financial debts | 170/4 | €158,986 | €0 | -€158,986 | -100% |
| Other amounts payable | 178/9 | €1,900 | €1,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,623 | €55,901 | -€29,723 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €7,978 | €0 | -€7,978 | -100% |
| Financial debts | 43 | €42 | €0 | -€42 | -100% |
| Credit institutions | 430/8 | €42 | €0 | -€42 | -100% |
| Trade debts | 44 | €15,925 | €717 | -€15,208 | -95.5% |
| Suppliers | 440/4 | €15,925 | €717 | -€15,208 | -95.5% |
| Taxes, remuneration and social security | 45 | €2,504 | €0 | -€2,504 | -100% |
| Taxes | 450/3 | €2,504 | €0 | -€2,504 | -100% |
| Other amounts payable | 47/48 | €59,175 | €55,184 | -€3,990 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,469 | €182 | -€5,287 | -96.7% |
| Other operating charges | 640/8 | €847 | €0 | -€847 | -100% |
| Non-recurring operating charges | 66A | - | €25,338 | +€25,338 | |
| Gross operating margin | 9900 | -€3,524 | -€14,142 | -€10,618 | -301% |
| Operating profit (loss) | 9901 | -€9,840 | -€39,662 | -€29,822 | -303% |
| Financial charges | 65/66B | €1,209 | €5,206 | +€3,997 | +331% |
| Recurring financial charges | 65 | €1,209 | €5,206 | +€3,997 | +331% |
| Profit (loss) for the period before taxes | 9903 | -€11,049 | -€44,868 | -€33,819 | -306% |
| Profit (loss) for the period | 9904 | -€11,049 | -€44,868 | -€33,819 | -306% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,049 | -€44,868 | -€33,819 | -306% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.