TECHNI QUARTZ: what changed
What changed
TECHNI QUARTZ
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€137,592
2024 · €159,283-€21,691
Equity
€1.6m
2024 · €1.4m+€137,592
Cash
€922,615
2024 · €870,994+€51,621
Balance sheet total
€1.7m
2024 · €1.8m-€66,589
Largest movements
Assets
- Stocks and contracts -€80,632
down €80,632 (-14.0%), from €574,347 to €493,715
- Cash +€51,621
up €51,621 (+5.9%), from €870,994 to €922,615
mainly Net result for the year (+€137,592) and Stocks and contracts (+€80,632)
- Receivables within one year -€25,457
down €25,457 (-12.8%), from €198,210 to €172,754
of which Trade receivables: -€30,423
Equity and liabilities
- Trade debts -€219,262
down €219,262 (-70.2%), from €312,289 to €93,027
- Reserves +€137,592
up €137,592 (+10.0%), from €1.4m to €1.5m
of which Distributable reserves: +€137,592
Income statement
- Staff costs +€27,346
up €27,346 (+23.8%), from €115,085 to €142,431
- Financial income -€11,796
down €11,796 (-89.4%), from €13,195 to €1,399
- Taxes -€7,470
down €7,470 (-13.3%), from €56,199 to €48,729
- Gross operating margin +€6,869
up €6,869 (+2.0%), from €338,736 to €345,606
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€159,283
Gross operating margin
+€6,869
Staff costs
-€27,346
Write-downs
+€593
Other operating charges
+€3,394
Financial income
-€11,796
Financial charges
-€874
Taxes
+€7,470
Result 2025
€137,592
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€51,953
Investment
€0
Financing
-€332
Cash 2024
€870,994
From operations (derived)
+€51,953
Net result for the year
+€137,592
Depreciation
+€12,121
Stocks and contracts
+€80,632
Receivables within one year
+€25,457
Trade debts
-€219,262
Tax, wage and social debts
+€15,414
Financing
-€332
Short-term financial debts
-€332
Cash 2025
€922,615
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,770,399 | €1,703,810 | -€66,589 | -3.8% |
| Fixed assets | 21/28 | €87,221 | €75,100 | -€12,121 | -13.9% |
| Tangible fixed assets | 22/27 | €87,221 | €75,100 | -€12,121 | -13.9% |
| Land and buildings | 22 | €59,267 | €59,267 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,091 | €5,732 | -€4,359 | -43.2% |
| Furniture and vehicles | 24 | €17,864 | €10,102 | -€7,762 | -43.5% |
| Current assets | 29/58 | €1,683,177 | €1,628,710 | -€54,468 | -3.2% |
| Stocks and contracts in progress | 3 | €574,347 | €493,715 | -€80,632 | -14.0% |
| Stocks | 30/36 | €574,347 | €493,715 | -€80,632 | -14.0% |
| Amounts receivable within one year | 40/41 | €198,210 | €172,754 | -€25,457 | -12.8% |
| Trade receivables | 40 | €181,563 | €151,141 | -€30,423 | -16.8% |
| Other amounts receivable | 41 | €16,647 | €21,613 | +€4,966 | +29.8% |
| Cash at bank and in hand | 54/58 | €870,994 | €922,615 | +€51,621 | +5.9% |
| Deferred charges and accrued income | 490/1 | €39,626 | €39,626 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,770,399 | €1,703,810 | -€66,589 | -3.8% |
| Equity | 10/15 | €1,438,067 | €1,575,658 | +€137,592 | +9.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,376,067 | €1,513,658 | +€137,592 | +10.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €65 | €65 | = | 0.0% |
| Distributable reserves | 133 | €1,369,802 | €1,507,393 | +€137,592 | +10.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €332,332 | €128,152 | -€204,180 | -61.4% |
| Amounts payable within one year | 42/48 | €332,332 | €128,152 | -€204,180 | -61.4% |
| Financial debts | 43 | €332 | €0 | -€332 | -100% |
| Credit institutions | 430/8 | €332 | €0 | -€332 | -100% |
| Trade debts | 44 | €312,289 | €93,027 | -€219,262 | -70.2% |
| Suppliers | 440/4 | €312,289 | €93,027 | -€219,262 | -70.2% |
| Taxes, remuneration and social security | 45 | €19,711 | €35,125 | +€15,414 | +78.2% |
| Taxes | 450/3 | €749 | €11,425 | +€10,676 | +1,426% |
| Remuneration and social security | 454/9 | €18,962 | €23,700 | +€4,737 | +25.0% |
| Remuneration, social security and pensions | 62 | €115,085 | €142,431 | +€27,346 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,121 | €12,121 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €296 | -€296 | -€593 | |
| Other operating charges | 640/8 | €7,342 | €3,948 | -€3,394 | -46.2% |
| Gross operating margin | 9900 | €338,736 | €345,606 | +€6,869 | +2.0% |
| Operating profit (loss) | 9901 | €203,892 | €187,401 | -€16,490 | -8.1% |
| Financial income | 75/76B | €13,195 | €1,399 | -€11,796 | -89.4% |
| Recurring financial income | 75 | €13,195 | €1,399 | -€11,796 | -89.4% |
| Financial charges | 65/66B | €1,605 | €2,479 | +€874 | +54.5% |
| Recurring financial charges | 65 | €1,605 | €2,479 | +€874 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €215,482 | €186,321 | -€29,161 | -13.5% |
| Income taxes | 67/77 | €56,199 | €48,729 | -€7,470 | -13.3% |
| Profit (loss) for the period | 9904 | €159,283 | €137,592 | -€21,691 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €159,283 | €137,592 | -€21,691 | -13.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.