Techni'Cale: 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.
Techni'Cale
Largest movements
- Tangible fixed assets +€439,049
up €439,049 (+1462.6%), from €30,019 to €469,068
of which Land and buildings: +€387,628
- Receivables within one year +€367,048
up €367,048 (+175.8%), from €208,788 to €575,836
of which Trade receivables: +€327,512
- Cash -€121,490
down €121,490 (-64.5%), from €188,318 to €66,828
mainly Investment in fixed assets (net) (-€526,950) and Receivables within one year (-€367,048)
- Debts after one year +€414,947
up €414,947, from €0 to €414,947
- Trade debts +€112,605
up €112,605 (+221.8%), from €50,778 to €163,382
- Other debts +€59,985
up €59,985 (+86000.6%), from €70 to €60,055
- Reserves +€53,207
up €53,207 (+16.6%), from €321,293 to €374,500
- Current portion of long-term debt +€33,560
up €33,560 (+3933.8%), from €853 to €34,414
- Gross operating margin +€178,604
up €178,604 (+37.0%), from €482,370 to €660,974
- Staff costs +€82,978
up €82,978 (+27.7%), from €299,788 to €382,766
- Depreciation +€75,128
up €75,128 (+580.6%), from €12,940 to €88,068
- Write-downs -€36,444
down €36,444 (-100.0%), from €36,444 to €0
- Financial charges +€18,038
up €18,038 (+249.0%), from €7,245 to €25,283
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 | €455,355 | €1,147,220 | +€691,865 | +151.9% |
| Fixed assets | 21/28 | €30,186 | €469,068 | +€438,882 | +1453.9% |
| Intangible fixed assets | 21 | €167 | €0 | -€167 | -100.0% |
| Tangible fixed assets | 22/27 | €30,019 | €469,068 | +€439,049 | +1462.6% |
| Land and buildings | 22 | - | €387,628 | +€387,628 | |
| Plant, machinery and equipment | 23 | €8,338 | €5,575 | -€2,763 | -33.1% |
| Furniture and vehicles | 24 | €14,975 | €70,960 | +€55,985 | +373.9% |
| Other tangible fixed assets | 26 | €6,706 | €4,904 | -€1,802 | -26.9% |
| Current assets | 29/58 | €425,169 | €678,152 | +€252,983 | +59.5% |
| Stocks and contracts in progress | 3 | €7,048 | €7,603 | +€556 | +7.9% |
| Stocks | 30/36 | €7,048 | €7,603 | +€556 | +7.9% |
| Amounts receivable within one year | 40/41 | €208,788 | €575,836 | +€367,048 | +175.8% |
| Trade receivables | 40 | €186,563 | €514,075 | +€327,512 | +175.6% |
| Other amounts receivable | 41 | €22,225 | €61,761 | +€39,536 | +177.9% |
| Cash at bank and in hand | 54/58 | €188,318 | €66,828 | -€121,490 | -64.5% |
| Deferred charges and accrued income | 490/1 | €21,015 | €27,885 | +€6,870 | +32.7% |
| Total equity and liabilities | 10/49 | €455,355 | €1,147,220 | +€691,865 | +151.9% |
| Equity | 10/15 | €336,293 | €389,500 | +€53,207 | +15.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €321,293 | €374,500 | +€53,207 | +16.6% |
| Distributable reserves | 133 | €321,293 | €374,500 | +€53,207 | +16.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €119,062 | €757,720 | +€638,658 | +536.4% |
| Amounts payable after more than one year | 17 | €0 | €414,947 | +€414,947 | |
| Financial debts | 170/4 | €0 | €414,947 | +€414,947 | |
| Amounts payable within one year | 42/48 | €119,037 | €342,652 | +€223,616 | +187.9% |
| Current portion of amounts payable after more than one year | 42 | €853 | €34,414 | +€33,560 | +3933.8% |
| Trade debts | 44 | €50,778 | €163,382 | +€112,605 | +221.8% |
| Suppliers | 440/4 | €50,778 | €163,382 | +€112,605 | +221.8% |
| Taxes, remuneration and social security | 45 | €67,336 | €84,801 | +€17,465 | +25.9% |
| Taxes | 450/3 | €37,633 | €41,797 | +€4,165 | +11.1% |
| Remuneration and social security | 454/9 | €29,703 | €43,004 | +€13,301 | +44.8% |
| Other amounts payable | 47/48 | €70 | €60,055 | +€59,985 | +86000.6% |
| Accrued charges and deferred income | 492/3 | €25 | €120 | +€95 | +374.7% |
| Remuneration, social security and pensions | 62 | €299,788 | €382,766 | +€82,978 | +27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,940 | €88,068 | +€75,128 | +580.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,444 | €0 | -€36,444 | -100.0% |
| Other operating charges | 640/8 | €2,428 | €5,038 | +€2,610 | +107.5% |
| Gross operating margin | 9900 | €482,370 | €660,974 | +€178,604 | +37.0% |
| Operating profit (loss) | 9901 | €130,770 | €185,102 | +€54,333 | +41.5% |
| Financial income | 75/76B | €176 | €3 | -€173 | -98.4% |
| Recurring financial income | 75 | €176 | €3 | -€173 | -98.4% |
| Financial charges | 65/66B | €7,245 | €25,283 | +€18,038 | +249.0% |
| Recurring financial charges | 65 | €7,245 | €25,283 | +€18,038 | +249.0% |
| Profit (loss) for the period before taxes | 9903 | €123,700 | €159,822 | +€36,122 | +29.2% |
| Income taxes | 67/77 | €37,506 | €46,614 | +€9,108 | +24.3% |
| Profit (loss) for the period | 9904 | €86,194 | €113,207 | +€27,014 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €86,194 | €113,207 | +€27,014 | +31.3% |
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.