Techlink: 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.
Techlink
Largest movements
- Cash -€482,526
down €482,526 (-32.7%), from €1.5m to €993,393
mainly Receivables within one year (-€273,821) and Debts within one year (-€244,316)
- Receivables within one year +€273,821
up €273,821 (+54.6%), from €501,249 to €775,071
of which Other amounts receivable: +€191,614
- Debts within one year -€244,316
down €244,316 (-31.6%), from €773,040 to €528,724
of which Tax, wage and social debts: -€183,404
- Profit (loss) carried forward +€134,010
up €134,010 (+3.3%), from €4.0m to €4.1m
- Gross operating margin +€191,047
up €191,047 (+5.5%), from €3.5m to €3.7m
- Other operating charges +€87,604
up €87,604 (+46.4%), from €188,617 to €276,221
- Depreciation +€70,494
up €70,494 (+36.1%), from €195,430 to €265,924
- Financial income -€53,516
down €53,516 (-99.5%), from €53,776 to €260
- Staff costs +€53,014
up €53,014 (+1.9%), from €2.7m to €2.8m
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 | €7,222,996 | €7,051,847 | -€171,148 | -2.4% |
| Fixed assets | 21/28 | €937,510 | €903,222 | -€34,288 | -3.7% |
| Intangible fixed assets | 21 | €56,000 | €30,000 | -€26,000 | -46.4% |
| Tangible fixed assets | 22/27 | €879,760 | €871,472 | -€8,288 | -0.9% |
| Land and buildings | 22 | €290,932 | €278,836 | -€12,097 | -4.2% |
| Plant, machinery and equipment | 23 | €10,286 | €14,913 | +€4,628 | +45.0% |
| Furniture and vehicles | 24 | €396,418 | €540,255 | +€143,836 | +36.3% |
| Assets under construction and advance payments | 27 | €182,124 | €37,468 | -€144,655 | -79.4% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €6,285,486 | €6,148,626 | -€136,860 | -2.2% |
| Amounts receivable within one year | 40/41 | €501,249 | €775,071 | +€273,821 | +54.6% |
| Trade receivables | 40 | €326,150 | €408,357 | +€82,207 | +25.2% |
| Other amounts receivable | 41 | €175,100 | €366,714 | +€191,614 | +109% |
| Current investments | 50/53 | €4,216,699 | €4,216,520 | -€179 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,475,919 | €993,393 | -€482,526 | -32.7% |
| Deferred charges and accrued income | 490/1 | €91,619 | €163,642 | +€72,023 | +78.6% |
| Total equity and liabilities | 10/49 | €7,222,996 | €7,051,847 | -€171,148 | -2.4% |
| Equity | 10/15 | €6,040,829 | €6,174,840 | +€134,010 | +2.2% |
| Contributions | 10/11 | €2,039,867 | €2,039,867 | = | 0.0% |
| Capital | 10 | €2,039,867 | €2,039,867 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,000,963 | €4,134,973 | +€134,010 | +3.3% |
| Amounts payable | 17/49 | €1,182,166 | €877,008 | -€305,159 | -25.8% |
| Amounts payable within one year | 42/48 | €773,040 | €528,724 | -€244,316 | -31.6% |
| Trade debts | 44 | €175,124 | €114,212 | -€60,912 | -34.8% |
| Suppliers | 440/4 | €175,124 | €114,212 | -€60,912 | -34.8% |
| Taxes, remuneration and social security | 45 | €491,151 | €307,747 | -€183,404 | -37.3% |
| Taxes | 450/3 | €133,983 | €1,442 | -€132,540 | -98.9% |
| Remuneration and social security | 454/9 | €357,168 | €306,304 | -€50,864 | -14.2% |
| Accrued charges and deferred income | 492/3 | €409,126 | €348,284 | -€60,843 | -14.9% |
| Turnover | 70 | €744,006 | €727,240 | -€16,766 | -2.3% |
| Membership fees, donations, legacies and grants | 73 | €4,176,377 | €4,295,272 | +€118,895 | +2.8% |
| Non-recurring operating income | 76A | €13,591 | €76,739 | +€63,148 | +465% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,694,158 | €1,674,963 | -€19,195 | -1.1% |
| Remuneration, social security and pensions | 62 | €2,736,423 | €2,789,437 | +€53,014 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,430 | €265,924 | +€70,494 | +36.1% |
| Other operating charges | 640/8 | €188,617 | €276,221 | +€87,604 | +46.4% |
| Non-recurring operating charges | 66A | - | €210,706 | +€210,706 | |
| Gross operating margin | 9900 | €3,482,148 | €3,673,195 | +€191,047 | +5.5% |
| Operating profit (loss) | 9901 | €361,678 | €130,908 | -€230,770 | -63.8% |
| Financial income | 75/76B | €53,776 | €260 | -€53,516 | -99.5% |
| Recurring financial income | 75 | €53,776 | €260 | -€53,516 | -99.5% |
| Financial charges | 65/66B | -€37,104 | -€2,842 | +€34,262 | +92.3% |
| Recurring financial charges | 65 | -€37,104 | -€2,842 | +€34,262 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €452,558 | €134,010 | -€318,548 | -70.4% |
| Profit (loss) for the period | 9904 | €452,558 | €134,010 | -€318,548 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €452,558 | €134,010 | -€318,548 | -70.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.