TECHINFINITY GROUP: 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.
TECHINFINITY GROUP
Largest movements
- Receivables within one year +€299,724
up €299,724 (+259.7%), from €115,396 to €415,119
of which Trade receivables: +€266,809
- Cash +€7,449
up €7,449 (+161.5%), from €4,612 to €12,061
mainly Trade debts (+€287,642) and Net result for the year (+€13,902)
- Trade debts +€287,642
up €287,642 (+436.2%), from €65,943 to €353,585
- Profit (loss) carried forward +€13,902
up €13,902 (+28.1%), from €49,547 to €63,449
- Contributions +€4,775
up €4,775 (+4774.9%), from €100 to €4,875
- Reserves -€4,775
no longer reported in 2024 (was €4,775)
- Gross operating margin +€8,266
up €8,266 (+43.4%), from €19,066 to €27,332
- Taxes +€3,561
up €3,561 (+470.7%), from €756 to €4,317
- Financial charges +€3,079
up €3,079 (+40.5%), from €7,602 to €10,681
- Financial income +€1,055
up €1,055 (+101.2%), from €1,043 to €2,098
- Depreciation -€804
down €804 (-60.3%), from €1,333 to €530
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 | €124,483 | €428,268 | +€303,785 | +244.0% |
| Fixed assets | 21/28 | €530 | - | -€530 | |
| Tangible fixed assets | 22/27 | €530 | - | -€530 | |
| Furniture and vehicles | 24 | €530 | - | -€530 | |
| Current assets | 29/58 | €123,954 | €428,268 | +€304,315 | +245.5% |
| Amounts receivable within one year | 40/41 | €115,396 | €415,119 | +€299,724 | +259.7% |
| Trade receivables | 40 | €91,641 | €358,450 | +€266,809 | +291.1% |
| Other amounts receivable | 41 | €23,755 | €56,669 | +€32,915 | +138.6% |
| Cash at bank and in hand | 54/58 | €4,612 | €12,061 | +€7,449 | +161.5% |
| Deferred charges and accrued income | 490/1 | €3,946 | €1,088 | -€2,858 | -72.4% |
| Total equity and liabilities | 10/49 | €124,483 | €428,268 | +€303,785 | +244.0% |
| Equity | 10/15 | €54,422 | €68,324 | +€13,902 | +25.5% |
| Contributions | 10/11 | €100 | €4,875 | +€4,775 | +4774.9% |
| Reserves | 13 | €4,775 | - | -€4,775 | |
| Non-distributable reserves | 130/1 | €4,775 | - | -€4,775 | |
| Reserves not available under the articles | 1311 | €4,775 | - | -€4,775 | |
| Profit (loss) carried forward | 14 | €49,547 | €63,449 | +€13,902 | +28.1% |
| Amounts payable | 17/49 | €70,062 | €359,945 | +€289,883 | +413.8% |
| Amounts payable within one year | 42/48 | €65,943 | €355,585 | +€289,642 | +439.2% |
| Trade debts | 44 | €65,943 | €353,585 | +€287,642 | +436.2% |
| Suppliers | 440/4 | €65,943 | €353,585 | +€287,642 | +436.2% |
| Taxes, remuneration and social security | 45 | - | €2,000 | +€2,000 | |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €4,119 | €4,359 | +€241 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,333 | €530 | -€804 | -60.3% |
| Gross operating margin | 9900 | €19,066 | €27,332 | +€8,266 | +43.4% |
| Operating profit (loss) | 9901 | €17,733 | €26,803 | +€9,070 | +51.1% |
| Financial income | 75/76B | €1,043 | €2,098 | +€1,055 | +101.2% |
| Recurring financial income | 75 | €1,043 | €2,098 | +€1,055 | +101.2% |
| Financial charges | 65/66B | €7,602 | €10,681 | +€3,079 | +40.5% |
| Recurring financial charges | 65 | €7,602 | €10,681 | +€3,079 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €11,174 | €18,219 | +€7,046 | +63.1% |
| Income taxes | 67/77 | €756 | €4,317 | +€3,561 | +470.7% |
| Profit (loss) for the period | 9904 | €10,417 | €13,902 | +€3,485 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,417 | €13,902 | +€3,485 | +33.5% |
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 28 September 2026 via checked.be.