TECHMEL TEST & SOFT ENGINEERING: 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.
TECHMEL TEST & SOFT ENGINEERING
Largest movements
- Cash -€32,261
down €32,261 (-89.6%), from €36,020 to €3,759
mainly Net result for the year (-€29,844) and Receivables within one year (-€24,611)
- Receivables within one year +€24,611
up €24,611 (+64.8%), from €37,977 to €62,588
of which Other amounts receivable: +€27,386
- Tax, wage and social debts +€35,405
up €35,405 (+72.0%), from €49,201 to €84,606
of which Taxes: +€32,139
- Profit (loss) carried forward -€29,844
down €29,844, from €10,559 to -€19,285
- Other debts -€13,389
down €13,389 (-39.6%), from €33,816 to €20,428
- Gross operating margin -€59,680
down €59,680, from €30,455 to -€29,225
- Taxes -€5,615
no longer reported in 2023 (was €5,615)
- Other operating charges -€3,997
down €3,997 (-88.1%), from €4,539 to €542
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,945 | €94,660 | -€7,285 | -7.1% |
| Fixed assets | 21/28 | €27,948 | €28,314 | +€366 | +1.3% |
| Tangible fixed assets | 22/27 | €27,923 | €28,289 | +€366 | +1.3% |
| Furniture and vehicles | 24 | €27,923 | €28,289 | +€366 | +1.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €73,998 | €66,347 | -€7,651 | -10.3% |
| Amounts receivable within one year | 40/41 | €37,977 | €62,588 | +€24,611 | +64.8% |
| Trade receivables | 40 | €5,015 | €2,240 | -€2,775 | -55.3% |
| Other amounts receivable | 41 | €32,962 | €60,348 | +€27,386 | +83.1% |
| Cash at bank and in hand | 54/58 | €36,020 | €3,759 | -€32,261 | -89.6% |
| Total equity and liabilities | 10/49 | €101,945 | €94,660 | -€7,285 | -7.1% |
| Equity | 10/15 | €18,619 | -€11,225 | -€29,844 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,559 | -€19,285 | -€29,844 | |
| Amounts payable | 17/49 | €83,326 | €105,886 | +€22,560 | +27.1% |
| Amounts payable within one year | 42/48 | €83,326 | €105,886 | +€22,560 | +27.1% |
| Trade debts | 44 | €309 | €852 | +€543 | +175.8% |
| Suppliers | 440/4 | €309 | €852 | +€543 | +175.8% |
| Taxes, remuneration and social security | 45 | €49,201 | €84,606 | +€35,405 | +72.0% |
| Taxes | 450/3 | €44,170 | €76,309 | +€32,139 | +72.8% |
| Remuneration and social security | 454/9 | €5,031 | €8,298 | +€3,266 | +64.9% |
| Other amounts payable | 47/48 | €33,816 | €20,428 | -€13,389 | -39.6% |
| Other operating charges | 640/8 | €4,539 | €542 | -€3,997 | -88.1% |
| Gross operating margin | 9900 | €30,455 | -€29,225 | -€59,680 | |
| Operating profit (loss) | 9901 | €25,916 | -€29,766 | -€55,682 | |
| Financial charges | 65/66B | €131 | €78 | -€53 | -40.3% |
| Recurring financial charges | 65 | €131 | €78 | -€53 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €25,785 | -€29,844 | -€55,630 | |
| Income taxes | 67/77 | €5,615 | - | -€5,615 | |
| Profit (loss) for the period | 9904 | €20,170 | -€29,844 | -€50,014 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,170 | -€29,844 | -€50,014 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.