TECHNI-VERRE: 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-VERRE
Largest movements
- Receivables within one year -€10,111
down €10,111 (-21.4%), from €47,143 to €37,032
of which Trade receivables: -€11,790
- Cash +€10,055
up €10,055 (+89.6%), from €11,222 to €21,278
mainly Receivables within one year (+€10,111) and Net result for the year (+€9,237)
- Reserves +€9,237
up €9,237 (+44.8%), from €20,610 to €29,847
of which Distributable reserves: +€9,237
- Profit (loss) carried forward -€7,413
down €7,413 (-38.3%), from €19,350 to €11,937
- Trade debts +€3,025
up €3,025 (+151.9%), from €1,992 to €5,017
- Current portion of long-term debt -€3,000
down €3,000 (-30.0%), from €10,000 to €7,000
- Tax, wage and social debts -€1,805
down €1,805 (-87.9%), from €2,053 to €248
of which Remuneration and social security: -€1,653
- Gross operating margin -€25,669
down €25,669 (-28.9%), from €88,697 to €63,028
- Staff costs -€17,649
down €17,649 (-29.0%), from €60,953 to €43,305
- Write-downs +€3,800
new in 2025: €3,800
- Taxes -€2,229
down €2,229 (-32.8%), from €6,801 to €4,572
- Financial charges +€1,886
up €1,886 (+367.2%), from €514 to €2,400
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 | €61,491 | €61,249 | -€241 | -0.4% |
| Fixed assets | 21/28 | €75 | €75 | = | 0.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €61,416 | €61,174 | -€241 | -0.4% |
| Amounts receivable within one year | 40/41 | €47,143 | €37,032 | -€10,111 | -21.4% |
| Trade receivables | 40 | €36,222 | €24,432 | -€11,790 | -32.5% |
| Other amounts receivable | 41 | €10,921 | €12,600 | +€1,679 | +15.4% |
| Cash at bank and in hand | 54/58 | €11,222 | €21,278 | +€10,055 | +89.6% |
| Deferred charges and accrued income | 490/1 | €3,050 | €2,864 | -€186 | -6.1% |
| Total equity and liabilities | 10/49 | €61,491 | €61,249 | -€241 | -0.4% |
| Equity | 10/15 | €46,160 | €47,985 | +€1,825 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,610 | €29,847 | +€9,237 | +44.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €11,097 | +€9,237 | +496.6% |
| Profit (loss) carried forward | 14 | €19,350 | €11,937 | -€7,413 | -38.3% |
| Amounts payable | 17/49 | €15,330 | €13,265 | -€2,066 | -13.5% |
| Amounts payable within one year | 42/48 | €14,045 | €12,265 | -€1,780 | -12.7% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €7,000 | -€3,000 | -30.0% |
| Trade debts | 44 | €1,992 | €5,017 | +€3,025 | +151.9% |
| Suppliers | 440/4 | €1,992 | €5,017 | +€3,025 | +151.9% |
| Taxes, remuneration and social security | 45 | €2,053 | €248 | -€1,805 | -87.9% |
| Taxes | 450/3 | €400 | €248 | -€152 | -38.1% |
| Remuneration and social security | 454/9 | €1,653 | - | -€1,653 | |
| Accrued charges and deferred income | 492/3 | €1,286 | €1,000 | -€286 | -22.2% |
| Remuneration, social security and pensions | 62 | €60,953 | €43,305 | -€17,649 | -29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,800 | +€3,800 | |
| Other operating charges | 640/8 | €925 | €804 | -€121 | -13.1% |
| Non-recurring operating charges | 66A | €528 | - | -€528 | |
| Gross operating margin | 9900 | €88,697 | €63,028 | -€25,669 | -28.9% |
| Operating profit (loss) | 9901 | €26,291 | €15,119 | -€11,171 | -42.5% |
| Financial income | 75/76B | €318 | €1,090 | +€772 | +242.8% |
| Recurring financial income | 75 | €318 | €1,090 | +€772 | +242.8% |
| Financial charges | 65/66B | €514 | €2,400 | +€1,886 | +367.2% |
| Recurring financial charges | 65 | €514 | €2,400 | +€1,886 | +367.2% |
| Profit (loss) for the period before taxes | 9903 | €26,095 | €13,809 | -€12,286 | -47.1% |
| Income taxes | 67/77 | €6,801 | €4,572 | -€2,229 | -32.8% |
| Profit (loss) for the period | 9904 | €19,294 | €9,237 | -€10,057 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,294 | €9,237 | -€10,057 | -52.1% |
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.