TECHECOM: 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.
TECHECOM
Largest movements
- Receivables after one year +€449,605
up €449,605 (+23.4%), from €1.9m to €2.4m
- Receivables within one year -€156,030
down €156,030 (-24.5%), from €636,335 to €480,304
of which Other amounts receivable: -€158,451
- Current investments -€107,864
down €107,864 (-29.5%), from €365,856 to €257,992
- Reserves +€184,500
up €184,500 (+12.9%), from €1.4m to €1.6m
of which Distributable reserves: +€184,500
- Accrued charges and deferred income +€54,183
up €54,183 (+204.5%), from €26,500 to €80,683
- Other debts -€47,287
down €47,287 (-48.1%), from €98,245 to €50,958
- Tax, wage and social debts +€44,415
up €44,415 (+30.9%), from €143,815 to €188,230
- Gross operating margin -€248,998
down €248,998 (-52.2%), from €477,022 to €228,024
- Financial income +€34,167
up €34,167 (+33.4%), from €102,368 to €136,534
- Taxes +€20,851
up €20,851 (+16.6%), from €125,767 to €146,618
- Depreciation +€7,509
up €7,509 (+34.7%), from €21,610 to €29,120
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.
Cash bridge derived
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 | €3,296,274 | €3,526,328 | +€230,054 | +7.0% |
| Fixed assets | 21/28 | €150,938 | €123,761 | -€27,177 | -18.0% |
| Tangible fixed assets | 22/27 | €84,661 | €57,484 | -€27,177 | -32.1% |
| Land and buildings | 22 | €9,291 | €7,958 | -€1,333 | -14.3% |
| Furniture and vehicles | 24 | €73,904 | €49,526 | -€24,378 | -33.0% |
| Assets under construction and advance payments | 27 | €1,466 | - | -€1,466 | |
| Financial fixed assets | 28 | €66,277 | €66,277 | = | 0.0% |
| Current assets | 29/58 | €3,145,335 | €3,402,566 | +€257,231 | +8.2% |
| Amounts receivable after more than one year | 29 | €1,919,590 | €2,369,196 | +€449,605 | +23.4% |
| Other amounts receivable | 291 | €1,919,590 | €2,369,196 | +€449,605 | +23.4% |
| Stocks and contracts in progress | 3 | €25,780 | €37,454 | +€11,675 | +45.3% |
| Stocks | 30/36 | €25,780 | €37,454 | +€11,675 | +45.3% |
| Amounts receivable within one year | 40/41 | €636,335 | €480,304 | -€156,030 | -24.5% |
| Trade receivables | 40 | €172,653 | €175,074 | +€2,421 | +1.4% |
| Other amounts receivable | 41 | €463,682 | €305,230 | -€158,451 | -34.2% |
| Current investments | 50/53 | €365,856 | €257,992 | -€107,864 | -29.5% |
| Cash at bank and in hand | 54/58 | €91,929 | €116,938 | +€25,010 | +27.2% |
| Deferred charges and accrued income | 490/1 | €105,846 | €140,681 | +€34,836 | +32.9% |
| Total equity and liabilities | 10/49 | €3,296,274 | €3,526,328 | +€230,054 | +7.0% |
| Equity | 10/15 | €3,014,210 | €3,199,755 | +€185,545 | +6.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,432,000 | €1,616,500 | +€184,500 | +12.9% |
| Tax-exempt reserves | 132 | €199,500 | €199,500 | = | 0.0% |
| Distributable reserves | 133 | €1,232,500 | €1,417,000 | +€184,500 | +15.0% |
| Profit (loss) carried forward | 14 | €1,482,210 | €1,483,255 | +€1,045 | +0.1% |
| Amounts payable | 17/49 | €282,064 | €326,572 | +€44,508 | +15.8% |
| Amounts payable within one year | 42/48 | €255,564 | €245,889 | -€9,674 | -3.8% |
| Trade debts | 44 | €13,504 | €6,702 | -€6,802 | -50.4% |
| Suppliers | 440/4 | €13,504 | €6,702 | -€6,802 | -50.4% |
| Taxes, remuneration and social security | 45 | €143,815 | €188,230 | +€44,415 | +30.9% |
| Taxes | 450/3 | €143,815 | €188,230 | +€44,415 | +30.9% |
| Other amounts payable | 47/48 | €98,245 | €50,958 | -€47,287 | -48.1% |
| Accrued charges and deferred income | 492/3 | €26,500 | €80,683 | +€54,183 | +204.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,610 | €29,120 | +€7,509 | +34.7% |
| Other operating charges | 640/8 | €7,766 | €7,702 | -€64 | -0.8% |
| Non-recurring operating charges | 66A | - | -€4,542 | -€4,542 | |
| Gross operating margin | 9900 | €477,022 | €228,024 | -€248,998 | -52.2% |
| Operating profit (loss) | 9901 | €447,645 | €195,745 | -€251,901 | -56.3% |
| Financial income | 75/76B | €102,368 | €136,534 | +€34,167 | +33.4% |
| Recurring financial income | 75 | €102,368 | €136,534 | +€34,167 | +33.4% |
| Financial charges | 65/66B | €815 | €116 | -€700 | -85.8% |
| Recurring financial charges | 65 | €815 | €116 | -€700 | -85.8% |
| Profit (loss) for the period before taxes | 9903 | €549,198 | €332,163 | -€217,034 | -39.5% |
| Income taxes | 67/77 | €125,767 | €146,618 | +€20,851 | +16.6% |
| Profit (loss) for the period | 9904 | €423,431 | €185,545 | -€237,885 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €423,431 | €185,545 | -€237,885 | -56.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.