TECHNAUT: 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.
TECHNAUT
Largest movements
- Receivables within one year -€321,997
down €321,997 (-53.3%), from €604,336 to €282,339
of which Other amounts receivable: -€253,241
- Cash +€21,163
up €21,163 (+33.1%), from €63,911 to €85,074
mainly Receivables within one year (+€321,997) and Trade debts (+€33,478)
- Stocks and contracts -€20,000
down €20,000 (-2.5%), from €800,000 to €780,000
- Other debts -€296,704
down €296,704 (-91.1%), from €325,632 to €28,929
- Tax, wage and social debts -€40,851
down €40,851 (-51.1%), from €79,962 to €39,111
of which Taxes: -€30,159
- Trade debts +€33,478
up €33,478 (+73.0%), from €45,883 to €79,361
- Short-term financial debts -€30,000
down €30,000 (-100.0%), from €30,000 to €0
- Reserves +€21,050
up €21,050 (+47.8%), from €44,050 to €65,100
of which Tax-exempt reserves: +€21,050
- Staff costs +€98,473
up €98,473 (+22.7%), from €434,507 to €532,979
- Taxes -€19,339
down €19,339 (-60.1%), from €32,204 to €12,866
- Financial charges -€16,625
down €16,625 (-59.9%), from €27,748 to €11,123
- Gross operating margin +€11,507
up €11,507 (+2.0%), from €583,073 to €594,579
- Financial income -€7,725
down €7,725 (-87.3%), from €8,847 to €1,122
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 | €1,488,600 | €1,161,741 | -€326,860 | -22.0% |
| Fixed assets | 21/28 | €12,890 | €14,328 | +€1,438 | +11.2% |
| Tangible fixed assets | 22/27 | - | €1,438 | +€1,438 | |
| Plant, machinery and equipment | 23 | - | €1,438 | +€1,438 | |
| Financial fixed assets | 28 | €12,890 | €12,890 | = | 0.0% |
| Current assets | 29/58 | €1,475,710 | €1,147,413 | -€328,298 | -22.2% |
| Stocks and contracts in progress | 3 | €800,000 | €780,000 | -€20,000 | -2.5% |
| Contracts in progress | 37 | €800,000 | €780,000 | -€20,000 | -2.5% |
| Amounts receivable within one year | 40/41 | €604,336 | €282,339 | -€321,997 | -53.3% |
| Trade receivables | 40 | €305,639 | €236,883 | -€68,756 | -22.5% |
| Other amounts receivable | 41 | €298,697 | €45,456 | -€253,241 | -84.8% |
| Cash at bank and in hand | 54/58 | €63,911 | €85,074 | +€21,163 | +33.1% |
| Deferred charges and accrued income | 490/1 | €7,463 | €0 | -€7,463 | -100.0% |
| Total equity and liabilities | 10/49 | €1,488,600 | €1,161,741 | -€326,860 | -22.0% |
| Equity | 10/15 | €984,226 | €1,014,340 | +€30,114 | +3.1% |
| Contributions | 10/11 | €230,000 | €230,000 | = | 0.0% |
| Reserves | 13 | €44,050 | €65,100 | +€21,050 | +47.8% |
| Non-distributable reserves | 130/1 | €23,000 | €23,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,000 | €23,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €42,100 | +€21,050 | +100.0% |
| Profit (loss) carried forward | 14 | €710,176 | €719,240 | +€9,064 | +1.3% |
| Amounts payable | 17/49 | €504,375 | €147,400 | -€356,974 | -70.8% |
| Amounts payable within one year | 42/48 | €498,425 | €147,400 | -€351,024 | -70.4% |
| Current portion of amounts payable after more than one year | 42 | €16,947 | €0 | -€16,947 | -100.0% |
| Financial debts | 43 | €30,000 | €0 | -€30,000 | -100.0% |
| Credit institutions | 430/8 | €30,000 | €0 | -€30,000 | -100.0% |
| Trade debts | 44 | €45,883 | €79,361 | +€33,478 | +73.0% |
| Suppliers | 440/4 | €45,883 | €79,361 | +€33,478 | +73.0% |
| Taxes, remuneration and social security | 45 | €79,962 | €39,111 | -€40,851 | -51.1% |
| Taxes | 450/3 | €37,363 | €7,204 | -€30,159 | -80.7% |
| Remuneration and social security | 454/9 | €42,599 | €31,907 | -€10,692 | -25.1% |
| Other amounts payable | 47/48 | €325,632 | €28,929 | -€296,704 | -91.1% |
| Accrued charges and deferred income | 492/3 | €5,950 | €0 | -€5,950 | -100.0% |
| Remuneration, social security and pensions | 62 | €434,507 | €532,979 | +€98,473 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €200 | +€200 | |
| Other operating charges | 640/8 | €6,559 | €8,418 | +€1,860 | +28.4% |
| Gross operating margin | 9900 | €583,073 | €594,579 | +€11,507 | +2.0% |
| Operating profit (loss) | 9901 | €142,007 | €52,981 | -€89,026 | -62.7% |
| Financial income | 75/76B | €8,847 | €1,122 | -€7,725 | -87.3% |
| Recurring financial income | 75 | €8,847 | €1,122 | -€7,725 | -87.3% |
| Financial charges | 65/66B | €27,748 | €11,123 | -€16,625 | -59.9% |
| Recurring financial charges | 65 | €27,748 | €11,123 | -€16,625 | -59.9% |
| Profit (loss) for the period before taxes | 9903 | €123,106 | €42,980 | -€80,126 | -65.1% |
| Income taxes | 67/77 | €32,204 | €12,866 | -€19,339 | -60.1% |
| Profit (loss) for the period | 9904 | €90,902 | €30,114 | -€60,787 | -66.9% |
| Transfer to tax-exempt reserves | 689 | €21,050 | €21,050 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,852 | €9,064 | -€60,787 | -87.0% |
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 6 October 2026 via checked.be.