TECHIMO: 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.
TECHIMO
Largest movements
- Receivables after one year +€338,201
up €338,201 (+28.3%), from €1.2m to €1.5m
- Cash -€25,234
down €25,234 (-17.6%), from €143,209 to €117,975
- Reserves +€325,121
up €325,121 (+22.5%), from €1.4m to €1.8m
of which Distributable reserves: +€327,121
- Gross operating margin +€181,687
up €181,687 (+97.0%), from €187,317 to €369,004
- Financial income +€54,417
up €54,417 (+92.6%), from €58,783 to €113,201
- Taxes +€40,414
up €40,414 (+74.0%), from €54,611 to €95,024
- Other operating charges +€25,462
up €25,462 (+111.5%), from €22,829 to €48,292
- Financial charges +€4,125
up €4,125 (+92.1%), from €4,480 to €8,605
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,637,068 | €1,956,847 | +€319,779 | +19.5% |
| Fixed assets | 21/28 | €298,706 | €293,543 | -€5,163 | -1.7% |
| Tangible fixed assets | 22/27 | €298,706 | €293,543 | -€5,163 | -1.7% |
| Land and buildings | 22 | €231,706 | €226,543 | -€5,163 | -2.2% |
| Other tangible fixed assets | 26 | €67,000 | €67,000 | = | 0.0% |
| Current assets | 29/58 | €1,338,362 | €1,663,304 | +€324,941 | +24.3% |
| Amounts receivable after more than one year | 29 | €1,193,327 | €1,531,528 | +€338,201 | +28.3% |
| Other amounts receivable | 291 | €1,193,327 | €1,531,528 | +€338,201 | +28.3% |
| Amounts receivable within one year | 40/41 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €143,209 | €117,975 | -€25,234 | -17.6% |
| Deferred charges and accrued income | 490/1 | €1,826 | €3,800 | +€1,974 | +108.1% |
| Total equity and liabilities | 10/49 | €1,637,068 | €1,956,847 | +€319,779 | +19.5% |
| Equity | 10/15 | €1,462,620 | €1,787,741 | +€325,121 | +22.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,444,028 | €1,769,149 | +€325,121 | +22.5% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €1,442,028 | €1,769,149 | +€327,121 | +22.7% |
| Provisions and deferred taxes | 16 | €50,000 | €50,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,000 | €50,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €124,449 | €119,106 | -€5,343 | -4.3% |
| Amounts payable after more than one year | 17 | €76,281 | €76,281 | = | 0.0% |
| Financial debts | 170/4 | €76,281 | €76,281 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,678 | €39,649 | -€5,029 | -11.3% |
| Trade debts | 44 | €8,335 | €7,299 | -€1,037 | -12.4% |
| Suppliers | 440/4 | €8,335 | €7,299 | -€1,037 | -12.4% |
| Taxes, remuneration and social security | 45 | €4,000 | - | -€4,000 | |
| Taxes | 450/3 | €4,000 | - | -€4,000 | |
| Other amounts payable | 47/48 | €32,343 | €32,350 | +€7 | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,490 | €3,177 | -€313 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,694 | €5,163 | +€2,469 | +91.7% |
| Other operating charges | 640/8 | €22,829 | €48,292 | +€25,462 | +111.5% |
| Gross operating margin | 9900 | €187,317 | €369,004 | +€181,687 | +97.0% |
| Operating profit (loss) | 9901 | €161,794 | €315,550 | +€153,756 | +95.0% |
| Financial income | 75/76B | €58,783 | €113,201 | +€54,417 | +92.6% |
| Recurring financial income | 75 | €58,783 | €113,201 | +€54,417 | +92.6% |
| Financial charges | 65/66B | €4,480 | €8,605 | +€4,125 | +92.1% |
| Recurring financial charges | 65 | €4,480 | €8,605 | +€4,125 | +92.1% |
| Profit (loss) for the period before taxes | 9903 | €216,098 | €420,146 | +€204,048 | +94.4% |
| Income taxes | 67/77 | €54,611 | €95,024 | +€40,414 | +74.0% |
| Profit (loss) for the period | 9904 | €161,487 | €325,121 | +€163,634 | +101.3% |
| Profit (loss) for the period to be appropriated | 9905 | €161,487 | €325,121 | +€163,634 | +101.3% |
Source: filed annual accounts (NBB), financial years ended 30 November 2023 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.