TECHNIBART: 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.
TECHNIBART
Largest movements
- Cash -€50,360
down €50,360 (-31.6%), from €159,150 to €108,791
mainly Receivables within one year (-€30,228) and Contributions, distributions and other (-€19,727)
- Receivables within one year +€30,228
up €30,228 (+79.0%), from €38,266 to €68,494
of which Trade receivables: +€24,564
- Tangible fixed assets -€11,586
down €11,586 (-34.6%), from €33,456 to €21,870
of which Furniture and vehicles: -€11,356
- Other debts -€17,203
down €17,203 (-33.1%), from €51,930 to €34,727
- Reserves -€8,379
down €8,379 (-5.8%), from €143,832 to €135,453
- Trade debts -€4,436
down €4,436 (-76.8%), from €5,776 to €1,339
- Staff costs +€25,495
up €25,495 (+99.3%), from €25,683 to €51,178
- Gross operating margin -€25,011
down €25,011 (-23.6%), from €105,895 to €80,885
- Write-downs -€11,851
no longer reported in 2025 (was €11,851)
- Taxes -€9,681
down €9,681 (-67.0%), from €14,456 to €4,775
- Financial charges -€2,842
down €2,842 (-49.1%), from €5,795 to €2,952
of which Financial charges: -€2,833
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 | €231,122 | €199,404 | -€31,718 | -13.7% |
| Fixed assets | 21/28 | €33,456 | €21,870 | -€11,586 | -34.6% |
| Tangible fixed assets | 22/27 | €33,456 | €21,870 | -€11,586 | -34.6% |
| Plant, machinery and equipment | 23 | €498 | €268 | -€230 | -46.2% |
| Furniture and vehicles | 24 | €32,957 | €21,601 | -€11,356 | -34.5% |
| Current assets | 29/58 | €197,667 | €177,535 | -€20,132 | -10.2% |
| Amounts receivable within one year | 40/41 | €38,266 | €68,494 | +€30,228 | +79.0% |
| Trade receivables | 40 | €37,800 | €62,364 | +€24,564 | +65.0% |
| Other amounts receivable | 41 | €467 | €6,130 | +€5,663 | +1213.9% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €159,150 | €108,791 | -€50,360 | -31.6% |
| Total equity and liabilities | 10/49 | €231,122 | €199,404 | -€31,718 | -13.7% |
| Equity | 10/15 | €162,432 | €154,053 | -€8,379 | -5.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,832 | €135,453 | -€8,379 | -5.8% |
| Distributable reserves | 133 | €143,832 | €135,453 | -€8,379 | -5.8% |
| Amounts payable | 17/49 | €68,690 | €45,351 | -€23,339 | -34.0% |
| Amounts payable within one year | 42/48 | €68,690 | €45,351 | -€23,339 | -34.0% |
| Trade debts | 44 | €5,776 | €1,339 | -€4,436 | -76.8% |
| Suppliers | 440/4 | €5,776 | €1,339 | -€4,436 | -76.8% |
| Taxes, remuneration and social security | 45 | €10,984 | €9,284 | -€1,699 | -15.5% |
| Taxes | 450/3 | €10,537 | €9,284 | -€1,252 | -11.9% |
| Remuneration and social security | 454/9 | €447 | - | -€447 | |
| Other amounts payable | 47/48 | €51,930 | €34,727 | -€17,203 | -33.1% |
| Non-recurring operating income | 76A | €3,332 | €2 | -€3,330 | -99.9% |
| Remuneration, social security and pensions | 62 | €25,683 | €51,178 | +€25,495 | +99.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,081 | €11,586 | -€496 | -4.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,851 | - | -€11,851 | |
| Other operating charges | 640/8 | €117 | €106 | -€11 | -9.4% |
| Gross operating margin | 9900 | €105,895 | €80,885 | -€25,011 | -23.6% |
| Operating profit (loss) | 9901 | €56,163 | €18,015 | -€38,148 | -67.9% |
| Financial income | 75/76B | €1,066 | €1,060 | -€7 | -0.6% |
| Recurring financial income | 75 | €1,066 | €1,060 | -€7 | -0.6% |
| Financial charges | 65/66B | €5,795 | €2,952 | -€2,842 | -49.1% |
| Recurring financial charges | 65 | €5,782 | €2,949 | -€2,833 | -49.0% |
| Non-recurring financial charges | 66B | €13 | €3 | -€9 | -72.9% |
| Profit (loss) for the period before taxes | 9903 | €51,435 | €16,123 | -€35,312 | -68.7% |
| Income taxes | 67/77 | €14,456 | €4,775 | -€9,681 | -67.0% |
| Profit (loss) for the period | 9904 | €36,979 | €11,348 | -€25,631 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €36,979 | €11,348 | -€25,631 | -69.3% |
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 8 October 2026 via checked.be.