TECHMETAL: 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.
TECHMETAL
Largest movements
- Receivables within one year +€28,778
up €28,778 (+945.7%), from €3,043 to €31,821
of which Trade receivables: +€23,335
- Tangible fixed assets -€10,813
down €10,813 (-6.1%), from €178,626 to €167,813
of which Land and buildings: -€7,843
- Other debts +€62,893
up €62,893 (+148.6%), from €42,315 to €105,209
- Profit (loss) carried forward -€37,809
down €37,809 (-84.2%), from -€44,902 to -€82,711
- Debts after one year -€15,796
down €15,796 (-11.6%), from €136,358 to €120,562
- Trade debts +€7,973
up €7,973 (+181.8%), from €4,385 to €12,358
- Gross operating margin +€17,144
up €17,144 (+49.7%), from -€34,471 to -€17,327
- Financial charges -€1,902
down €1,902 (-30.5%), from €6,240 to €4,338
- Other operating charges +€620
up €620 (+23.0%), from €2,698 to €3,318
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 | €207,315 | €224,870 | +€17,555 | +8.5% |
| Fixed assets | 21/28 | €202,622 | €189,989 | -€12,633 | -6.2% |
| Intangible fixed assets | 21 | €23,500 | €21,680 | -€1,820 | -7.7% |
| Tangible fixed assets | 22/27 | €178,626 | €167,813 | -€10,813 | -6.1% |
| Land and buildings | 22 | €171,853 | €164,010 | -€7,843 | -4.6% |
| Plant, machinery and equipment | 23 | €791 | €195 | -€596 | -75.3% |
| Furniture and vehicles | 24 | €5,982 | €3,608 | -€2,374 | -39.7% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €4,693 | €34,881 | +€30,188 | +643.3% |
| Stocks and contracts in progress | 3 | €1,650 | €1,650 | = | 0.0% |
| Stocks | 30/36 | €1,650 | €1,650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,043 | €31,821 | +€28,778 | +945.7% |
| Trade receivables | 40 | €0 | €23,335 | +€23,335 | |
| Other amounts receivable | 41 | €3,043 | €8,485 | +€5,443 | +178.9% |
| Deferred charges and accrued income | 490/1 | - | €1,410 | +€1,410 | |
| Total equity and liabilities | 10/49 | €207,315 | €224,870 | +€17,555 | +8.5% |
| Equity | 10/15 | -€1,546 | -€39,355 | -€37,809 | -2445.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €37,159 | €37,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,843 | €7,843 | = | 0.0% |
| Distributable reserves | 133 | €27,456 | €27,456 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,902 | -€82,711 | -€37,809 | -84.2% |
| Amounts payable | 17/49 | €208,861 | €264,225 | +€55,364 | +26.5% |
| Amounts payable after more than one year | 17 | €136,358 | €120,562 | -€15,796 | -11.6% |
| Financial debts | 170/4 | €136,358 | €120,562 | -€15,796 | -11.6% |
| Amounts payable within one year | 42/48 | €72,503 | €143,663 | +€71,160 | +98.1% |
| Current portion of amounts payable after more than one year | 42 | €15,532 | €15,796 | +€264 | +1.7% |
| Financial debts | 43 | €9,903 | €9,920 | +€17 | +0.2% |
| Credit institutions | 430/8 | €9,903 | €9,920 | +€17 | +0.2% |
| Trade debts | 44 | €4,385 | €12,358 | +€7,973 | +181.8% |
| Suppliers | 440/4 | €4,385 | €12,358 | +€7,973 | +181.8% |
| Taxes, remuneration and social security | 45 | €368 | €381 | +€13 | +3.4% |
| Taxes | 450/3 | €368 | €381 | +€13 | +3.4% |
| Other amounts payable | 47/48 | €42,315 | €105,209 | +€62,893 | +148.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,690 | €12,633 | -€58 | -0.5% |
| Other operating charges | 640/8 | €2,698 | €3,318 | +€620 | +23.0% |
| Gross operating margin | 9900 | -€34,471 | -€17,327 | +€17,144 | +49.7% |
| Operating profit (loss) | 9901 | -€49,859 | -€33,278 | +€16,581 | +33.3% |
| Financial income | 75/76B | €30 | €0 | -€30 | -99.4% |
| Recurring financial income | 75 | €30 | €0 | -€30 | -99.4% |
| Financial charges | 65/66B | €6,240 | €4,338 | -€1,902 | -30.5% |
| Recurring financial charges | 65 | €6,240 | €4,338 | -€1,902 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€56,069 | -€37,616 | +€18,454 | +32.9% |
| Income taxes | 67/77 | €188 | €193 | +€5 | +2.9% |
| Profit (loss) for the period | 9904 | -€56,257 | -€37,809 | +€18,448 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,257 | -€37,809 | +€18,448 | +32.8% |
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 1 October 2026 via checked.be.