TECHFIN CONSULTING: 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.
TECHFIN CONSULTING
Largest movements
- Receivables within one year -€6,813
down €6,813 (-5.5%), from €122,880 to €116,067
of which Other amounts receivable: -€5,079
- Tangible fixed assets -€4,723
down €4,723 (-38.9%), from €12,151 to €7,429
- Cash -€3,575
down €3,575 (-71.0%), from €5,034 to €1,459
mainly Contributions, distributions and other (-€47,800) and Trade debts (-€11,864)
- Other debts +€36,738
up €36,738 (+263%), from €13,969 to €50,707
- Reserves -€30,000
down €30,000 (-48.2%), from €62,300 to €32,300
- Contributions -€18,600
no longer reported in 2025 (was €18,600)
- Trade debts -€11,864
down €11,864 (-57.7%), from €20,579 to €8,715
- Debts after one year -€4,927
down €4,927 (-79.3%), from €6,211 to €1,284
- Gross operating margin -€33,785
down €33,785 (-21.1%), from €159,857 to €126,073
- Staff costs -€24,705
down €24,705 (-18.2%), from €136,073 to €111,368
- Taxes -€3,119
down €3,119 (-32.9%), from €9,485 to €6,366
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.
Derived cash bridge
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 | €141,301 | €125,755 | -€15,546 | -11.0% |
| Fixed assets | 21/28 | €12,951 | €8,229 | -€4,723 | -36.5% |
| Tangible fixed assets | 22/27 | €12,151 | €7,429 | -€4,723 | -38.9% |
| Furniture and vehicles | 24 | €12,151 | €7,429 | -€4,723 | -38.9% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €128,349 | €117,526 | -€10,824 | -8.4% |
| Amounts receivable within one year | 40/41 | €122,880 | €116,067 | -€6,813 | -5.5% |
| Trade receivables | 40 | €22,634 | €20,900 | -€1,734 | -7.7% |
| Other amounts receivable | 41 | €100,246 | €95,167 | -€5,079 | -5.1% |
| Cash at bank and in hand | 54/58 | €5,034 | €1,459 | -€3,575 | -71.0% |
| Deferred charges and accrued income | 490/1 | €435 | - | -€435 | |
| Total equity and liabilities | 10/49 | €141,301 | €125,755 | -€15,546 | -11.0% |
| Equity | 10/15 | €46,773 | €2,954 | -€43,819 | -93.7% |
| Contributions | 10/11 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €62,300 | €32,300 | -€30,000 | -48.2% |
| Distributable reserves | 133 | €62,300 | €32,300 | -€30,000 | -48.2% |
| Profit (loss) carried forward | 14 | -€34,127 | -€29,346 | +€4,781 | +14.0% |
| Provisions and deferred taxes | 16 | €19,000 | €19,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €19,000 | €19,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €19,000 | €19,000 | = | 0.0% |
| Amounts payable | 17/49 | €75,528 | €103,800 | +€28,273 | +37.4% |
| Amounts payable after more than one year | 17 | €6,211 | €1,284 | -€4,927 | -79.3% |
| Financial debts | 170/4 | €6,211 | €1,284 | -€4,927 | -79.3% |
| Amounts payable within one year | 42/48 | €69,317 | €102,516 | +€33,199 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,927 | +€4,927 | |
| Financial debts | 43 | €4,607 | €9,272 | +€4,665 | +101% |
| Credit institutions | 430/8 | €4,607 | €9,272 | +€4,665 | +101% |
| Trade debts | 44 | €20,579 | €8,715 | -€11,864 | -57.7% |
| Suppliers | 440/4 | €20,579 | €8,715 | -€11,864 | -57.7% |
| Taxes, remuneration and social security | 45 | €30,162 | €28,896 | -€1,266 | -4.2% |
| Taxes | 450/3 | €10,666 | €7,945 | -€2,721 | -25.5% |
| Remuneration and social security | 454/9 | €19,496 | €20,950 | +€1,455 | +7.5% |
| Other amounts payable | 47/48 | €13,969 | €50,707 | +€36,738 | +263% |
| Remuneration, social security and pensions | 62 | €136,073 | €111,368 | -€24,705 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,828 | €6,448 | -€380 | -5.6% |
| Other operating charges | 640/8 | €2,095 | €979 | -€1,116 | -53.3% |
| Gross operating margin | 9900 | €159,857 | €126,073 | -€33,785 | -21.1% |
| Operating profit (loss) | 9901 | €14,862 | €7,277 | -€7,585 | -51.0% |
| Financial income | 75/76B | €5,320 | €4,868 | -€452 | -8.5% |
| Recurring financial income | 75 | €5,320 | €4,868 | -€452 | -8.5% |
| Financial charges | 65/66B | €2,306 | €1,799 | -€507 | -22.0% |
| Recurring financial charges | 65 | €2,306 | €1,799 | -€507 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €17,876 | €10,347 | -€7,529 | -42.1% |
| Income taxes | 67/77 | €9,485 | €6,366 | -€3,119 | -32.9% |
| Profit (loss) for the period | 9904 | €8,391 | €3,981 | -€4,410 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,391 | €3,981 | -€4,410 | -52.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.