TECHEM: 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.
TECHEM
Largest movements
- Deferred charges and accrued income -€947,493
down €947,493 (-85.5%), from €1.1m to €160,184
- Current investments +€275,744
up €275,744 (+6.5%), from €4.2m to €4.5m
- Receivables within one year -€227,157
down €227,157 (-9.2%), from €2.5m to €2.2m
- Reserves -€585,257
down €585,257 (-12.0%), from €4.9m to €4.3m
of which Distributable reserves: -€585,257
- Other debts -€162,291
down €162,291 (-7.3%), from €2.2m to €2.1m
- Financial income -€755,396
down €755,396 (-60.9%), from €1.2m to €485,542
of which Financial income: -€755,396
- Financial charges +€86,769
up €86,769 (+78.1%), from €111,047 to €197,816
- Taxes -€56,395
down €56,395 (-52.2%), from €108,072 to €51,677
- Gross operating margin +€2,911
up €2,911 (+13.6%), from -€21,341 to -€18,430
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 | €16,030,099 | €15,218,343 | -€811,756 | -5.1% |
| Fixed assets | 21/28 | €8,202,229 | €8,288,912 | +€86,683 | +1.1% |
| Financial fixed assets | 28 | €8,202,229 | €8,288,912 | +€86,683 | +1.1% |
| Current assets | 29/58 | €7,827,870 | €6,929,431 | -€898,439 | -11.5% |
| Amounts receivable within one year | 40/41 | €2,470,056 | €2,242,899 | -€227,157 | -9.2% |
| Other amounts receivable | 41 | €2,470,056 | €2,242,899 | -€227,157 | -9.2% |
| Current investments | 50/53 | €4,249,352 | €4,525,097 | +€275,744 | +6.5% |
| Cash at bank and in hand | 54/58 | €785 | €1,252 | +€467 | +59.5% |
| Deferred charges and accrued income | 490/1 | €1,107,676 | €160,184 | -€947,493 | -85.5% |
| Total equity and liabilities | 10/49 | €16,030,099 | €15,218,343 | -€811,756 | -5.1% |
| Equity | 10/15 | €13,065,045 | €12,479,788 | -€585,257 | -4.5% |
| Contributions | 10/11 | €4,700,000 | €4,700,000 | = | 0.0% |
| Reserves | 13 | €4,865,767 | €4,280,510 | -€585,257 | -12.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €4,865,767 | €4,280,510 | -€585,257 | -12.0% |
| Profit (loss) carried forward | 14 | €3,499,278 | €3,499,278 | -€0 | 0.0% |
| Provisions and deferred taxes | 16 | €604,588 | €553,100 | -€51,488 | -8.5% |
| Provisions for liabilities and charges | 160/5 | €604,588 | €553,100 | -€51,488 | -8.5% |
| Other liabilities and charges | 164/5 | €604,588 | €553,100 | -€51,488 | -8.5% |
| Amounts payable | 17/49 | €2,360,466 | €2,185,455 | -€175,011 | -7.4% |
| Amounts payable within one year | 42/48 | €2,325,985 | €2,121,193 | -€204,791 | -8.8% |
| Trade debts | 44 | €191 | €193 | +€2 | +1.0% |
| Suppliers | 440/4 | €191 | €193 | +€2 | +1.0% |
| Taxes, remuneration and social security | 45 | €104,245 | €61,743 | -€42,503 | -40.8% |
| Taxes | 450/3 | €104,245 | €61,743 | -€42,503 | -40.8% |
| Other amounts payable | 47/48 | €2,221,549 | €2,059,258 | -€162,291 | -7.3% |
| Accrued charges and deferred income | 492/3 | €34,481 | €64,262 | +€29,781 | +86.4% |
| Other operating charges | 640/8 | €1,078 | €1,088 | +€9 | +0.9% |
| Gross operating margin | 9900 | -€21,341 | -€18,430 | +€2,911 | +13.6% |
| Operating profit (loss) | 9901 | -€22,419 | -€19,518 | +€2,901 | +12.9% |
| Financial income | 75/76B | €1,240,938 | €485,542 | -€755,396 | -60.9% |
| Recurring financial income | 75 | €1,240,938 | €485,542 | -€755,396 | -60.9% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €111,047 | €197,816 | +€86,769 | +78.1% |
| Recurring financial charges | 65 | €111,047 | €197,816 | +€86,769 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | €1,107,472 | €268,208 | -€839,264 | -75.8% |
| Income taxes | 67/77 | €108,072 | €51,677 | -€56,395 | -52.2% |
| Profit (loss) for the period | 9904 | €999,400 | €216,531 | -€782,869 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €999,400 | €216,531 | -€782,869 | -78.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.