Techlog Genk: 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.
Techlog Genk
Largest movements
- Tangible fixed assets +€891,981
up €891,981 (+42.8%), from €2.1m to €3.0m
of which Furniture and vehicles: +€550,595
- Receivables within one year +€170,407
up €170,407 (+43.0%), from €396,641 to €567,048
of which Other amounts receivable: +€207,151
- Debts after one year +€2.5m
up €2.5m (+956.6%), from €260,036 to €2.7m
- Trade debts -€1.3m
down €1.3m (-36.6%), from €3.5m to €2.2m
- Tax, wage and social debts -€744,847
no longer reported in 2025 (was €744,847)
- Current portion of long-term debt +€477,848
up €477,848 (+241.9%), from €197,552 to €675,400
- Profit (loss) carried forward +€115,920
up €115,920 (+22.8%), from -€508,718 to -€392,798
- Gross operating margin -€796,191
down €796,191 (-60.1%), from €1.3m to €528,731
- Financial income -€23,519
down €23,519 (-35.3%), from €66,564 to €43,045
- Other operating charges -€15,730
down €15,730 (-31.3%), from €50,184 to €34,454
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,063,034 | €8,128,522 | +€1.1m | +15.1% |
| Fixed assets | 21/28 | €6,666,193 | €7,557,674 | +€891,481 | +13.4% |
| Tangible fixed assets | 22/27 | €2,084,048 | €2,976,029 | +€891,981 | +42.8% |
| Land and buildings | 22 | €695,638 | €691,169 | -€4,469 | -0.6% |
| Plant, machinery and equipment | 23 | €15,574 | €343,768 | +€328,193 | +2107.3% |
| Furniture and vehicles | 24 | €1,945 | €552,541 | +€550,595 | +28301.7% |
| Leasing and similar rights | 25 | €1,337,837 | €1,287,534 | -€50,303 | -3.8% |
| Other tangible fixed assets | 26 | €33,053 | €101,017 | +€67,964 | +205.6% |
| Financial fixed assets | 28 | €4,582,146 | €4,581,646 | -€500 | 0.0% |
| Current assets | 29/58 | €396,841 | €570,848 | +€174,007 | +43.8% |
| Stocks and contracts in progress | 3 | - | €2,816 | +€2,816 | |
| Stocks | 30/36 | - | €2,816 | +€2,816 | |
| Amounts receivable within one year | 40/41 | €396,641 | €567,048 | +€170,407 | +43.0% |
| Trade receivables | 40 | €386,183 | €349,439 | -€36,744 | -9.5% |
| Other amounts receivable | 41 | €10,458 | €217,609 | +€207,151 | +1980.9% |
| Deferred charges and accrued income | 490/1 | €200 | €984 | +€784 | +392.0% |
| Total equity and liabilities | 10/49 | €7,063,034 | €8,128,522 | +€1.1m | +15.1% |
| Equity | 10/15 | €2,360,577 | €2,476,497 | +€115,920 | +4.9% |
| Contributions | 10/11 | €1,745,000 | €1,745,000 | = | 0.0% |
| Capital | 10 | €1,745,000 | €1,745,000 | = | 0.0% |
| Issued capital | 100 | €1,745,000 | €1,745,000 | = | 0.0% |
| Revaluation surpluses | 12 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €524,294 | €524,294 | = | 0.0% |
| Non-distributable reserves | 130/1 | €92,500 | €92,500 | = | 0.0% |
| Legal reserve | 130 | €92,500 | €92,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €431,794 | €431,794 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€508,718 | -€392,798 | +€115,920 | +22.8% |
| Amounts payable | 17/49 | €4,702,457 | €5,652,025 | +€949,568 | +20.2% |
| Amounts payable after more than one year | 17 | €260,036 | €2,747,493 | +€2.5m | +956.6% |
| Financial debts | 170/4 | €260,036 | €2,747,493 | +€2.5m | +956.6% |
| Amounts payable within one year | 42/48 | €4,425,113 | €2,882,485 | -€1.5m | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €197,552 | €675,400 | +€477,848 | +241.9% |
| Trade debts | 44 | €3,482,714 | €2,207,085 | -€1.3m | -36.6% |
| Suppliers | 440/4 | €3,482,714 | €2,207,085 | -€1.3m | -36.6% |
| Taxes, remuneration and social security | 45 | €744,847 | - | -€744,847 | |
| Taxes | 450/3 | €744,847 | - | -€744,847 | |
| Accrued charges and deferred income | 492/3 | €17,308 | €22,047 | +€4,739 | +27.4% |
| Remuneration, social security and pensions | 62 | - | €6,318 | +€6,318 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,995 | €88,759 | +€6,764 | +8.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€5,852 | -€5,852 | |
| Other operating charges | 640/8 | €50,184 | €34,454 | -€15,730 | -31.3% |
| Gross operating margin | 9900 | €1,324,923 | €528,731 | -€796,191 | -60.1% |
| Operating profit (loss) | 9901 | €1,192,743 | €405,052 | -€787,691 | -66.0% |
| Financial income | 75/76B | €66,564 | €43,045 | -€23,519 | -35.3% |
| Recurring financial income | 75 | €66,564 | €43,045 | -€23,519 | -35.3% |
| Financial charges | 65/66B | €324,609 | €332,100 | +€7,490 | +2.3% |
| Recurring financial charges | 65 | €324,609 | €332,100 | +€7,490 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €934,698 | €115,998 | -€818,700 | -87.6% |
| Income taxes | 67/77 | - | €78 | +€78 | |
| Profit (loss) for the period | 9904 | €934,698 | €115,920 | -€818,778 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €934,698 | €115,920 | -€818,778 | -87.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.