TechN: 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.
TechN
Largest movements
- Tangible fixed assets -€21,773
down €21,773 (-32.8%), from €66,370 to €44,597
of which Furniture and vehicles: -€16,679
- Receivables within one year -€17,575
down €17,575 (-96.8%), from €18,149 to €574
of which Trade receivables: -€11,785
- Cash -€1,668
down €1,668 (-43.2%), from €3,859 to €2,191
mainly Contributions, distributions and other (-€30,000) and Net result for the year (-€26,127)
- Reserves -€60,000
no longer reported in 2025 (was €60,000)
- Other debts +€28,320
up €28,320 (+302.2%), from €9,373 to €37,693
- Trade debts -€12,565
down €12,565 (-91.9%), from €13,667 to €1,102
- Profit (loss) carried forward +€3,873
up €3,873 (+436.5%), from €887 to €4,760
- Accrued charges and deferred income -€1,013
no longer reported in 2025 (was €1,013)
- Gross operating margin -€43,731
down €43,731, from €41,468 to -€2,262
- Taxes -€5,824
down €5,824 (-92.7%), from €6,281 to €457
- Depreciation -€752
down €752 (-3.3%), from €22,525 to €21,773
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
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 | €90,940 | €49,555 | -€41,385 | -45.5% |
| Fixed assets | 21/28 | €66,370 | €44,597 | -€21,773 | -32.8% |
| Tangible fixed assets | 22/27 | €66,370 | €44,597 | -€21,773 | -32.8% |
| Plant, machinery and equipment | 23 | €5,123 | €2,443 | -€2,679 | -52.3% |
| Furniture and vehicles | 24 | €43,094 | €26,415 | -€16,679 | -38.7% |
| Other tangible fixed assets | 26 | €18,153 | €15,738 | -€2,415 | -13.3% |
| Current assets | 29/58 | €24,571 | €4,959 | -€19,612 | -79.8% |
| Amounts receivable within one year | 40/41 | €18,149 | €574 | -€17,575 | -96.8% |
| Trade receivables | 40 | €11,785 | - | -€11,785 | |
| Other amounts receivable | 41 | €6,364 | €574 | -€5,789 | -91.0% |
| Cash at bank and in hand | 54/58 | €3,859 | €2,191 | -€1,668 | -43.2% |
| Deferred charges and accrued income | 490/1 | €2,563 | €2,193 | -€369 | -14.4% |
| Total equity and liabilities | 10/49 | €90,940 | €49,555 | -€41,385 | -45.5% |
| Equity | 10/15 | €66,887 | €10,760 | -€56,127 | -83.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €60,000 | - | -€60,000 | |
| Distributable reserves | 133 | €60,000 | - | -€60,000 | |
| Profit (loss) carried forward | 14 | €887 | €4,760 | +€3,873 | +436.5% |
| Amounts payable | 17/49 | €24,053 | €38,795 | +€14,742 | +61.3% |
| Amounts payable within one year | 42/48 | €23,040 | €38,795 | +€15,755 | +68.4% |
| Trade debts | 44 | €13,667 | €1,102 | -€12,565 | -91.9% |
| Suppliers | 440/4 | €13,667 | €1,102 | -€12,565 | -91.9% |
| Other amounts payable | 47/48 | €9,373 | €37,693 | +€28,320 | +302.2% |
| Accrued charges and deferred income | 492/3 | €1,013 | - | -€1,013 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,525 | €21,773 | -€752 | -3.3% |
| Other operating charges | 640/8 | €1,522 | €1,563 | +€41 | +2.7% |
| Gross operating margin | 9900 | €41,468 | -€2,262 | -€43,731 | |
| Operating profit (loss) | 9901 | €17,422 | -€25,598 | -€43,020 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €56 | €72 | +€16 | +27.5% |
| Recurring financial charges | 65 | €56 | €72 | +€16 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €17,370 | -€25,670 | -€43,040 | |
| Income taxes | 67/77 | €6,281 | €457 | -€5,824 | -92.7% |
| Profit (loss) for the period | 9904 | €11,089 | -€26,127 | -€37,216 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,089 | -€26,127 | -€37,216 |
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 11 October 2026 via checked.be.