TECHNIBLUE: 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.
TECHNIBLUE
Largest movements
- Receivables within one year +€161,170
up €161,170 (+312%), from €51,592 to €212,762
of which Trade receivables: +€103,898
- Deferred charges and accrued income +€129,839
up €129,839 (+2,939%), from €4,418 to €134,257
- Cash +€58,802
up €58,802 (+39.9%), from €147,542 to €206,345
mainly Trade debts (+€350,053) and Net result for the year (+€21,918)
- Financial fixed assets +€30,400
new in 2026: €30,400
- Trade debts +€350,053
up €350,053 (+910%), from €38,475 to €388,527
- Profit (loss) carried forward +€21,918
up €21,918 (+15.1%), from €145,334 to €167,252
- Tax, wage and social debts +€9,880
up €9,880 (+71.8%), from €13,765 to €23,644
of which Remuneration and social security: +€10,276
- Gross operating margin +€71,065
up €71,065 (+53.0%), from €134,171 to €205,235
- Staff costs +€57,551
up €57,551 (+51.4%), from €112,046 to €169,597
- Taxes +€3,922
up €3,922 (+61.7%), from €6,354 to €10,276
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,030 | €589,442 | +€384,412 | +187% |
| Fixed assets | 21/28 | €1,478 | €36,079 | +€34,601 | +2,341% |
| Tangible fixed assets | 22/27 | €1,478 | €5,679 | +€4,201 | +284% |
| Plant, machinery and equipment | 23 | - | €4,068 | +€4,068 | |
| Furniture and vehicles | 24 | €1,478 | €1,612 | +€134 | +9.0% |
| Financial fixed assets | 28 | - | €30,400 | +€30,400 | |
| Current assets | 29/58 | €203,552 | €553,363 | +€349,811 | +172% |
| Amounts receivable within one year | 40/41 | €51,592 | €212,762 | +€161,170 | +312% |
| Trade receivables | 40 | €31,946 | €135,844 | +€103,898 | +325% |
| Other amounts receivable | 41 | €19,646 | €76,918 | +€57,272 | +292% |
| Cash at bank and in hand | 54/58 | €147,542 | €206,345 | +€58,802 | +39.9% |
| Deferred charges and accrued income | 490/1 | €4,418 | €134,257 | +€129,839 | +2,939% |
| Total equity and liabilities | 10/49 | €205,030 | €589,442 | +€384,412 | +187% |
| Equity | 10/15 | €151,534 | €173,452 | +€21,918 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €145,334 | €167,252 | +€21,918 | +15.1% |
| Amounts payable | 17/49 | €53,496 | €415,990 | +€362,494 | +678% |
| Amounts payable within one year | 42/48 | €53,408 | €415,901 | +€362,493 | +679% |
| Trade debts | 44 | €38,475 | €388,527 | +€350,053 | +910% |
| Suppliers | 440/4 | €38,475 | €388,527 | +€350,053 | +910% |
| Taxes, remuneration and social security | 45 | €13,765 | €23,644 | +€9,880 | +71.8% |
| Taxes | 450/3 | €2,229 | €1,832 | -€396 | -17.8% |
| Remuneration and social security | 454/9 | €11,536 | €21,812 | +€10,276 | +89.1% |
| Other amounts payable | 47/48 | €1,169 | €3,729 | +€2,560 | +219% |
| Accrued charges and deferred income | 492/3 | €88 | €89 | +€2 | +1.9% |
| Remuneration, social security and pensions | 62 | €112,046 | €169,597 | +€57,551 | +51.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712 | €1,115 | +€403 | +56.6% |
| Other operating charges | 640/8 | €984 | €512 | -€472 | -47.9% |
| Gross operating margin | 9900 | €134,171 | €205,235 | +€71,065 | +53.0% |
| Operating profit (loss) | 9901 | €20,429 | €34,011 | +€13,582 | +66.5% |
| Financial income | 75/76B | €1 | €3 | +€2 | +479% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +479% |
| Financial charges | 65/66B | €1,280 | €1,819 | +€539 | +42.1% |
| Recurring financial charges | 65 | €1,280 | €1,819 | +€539 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €19,149 | €32,194 | +€13,045 | +68.1% |
| Income taxes | 67/77 | €6,354 | €10,276 | +€3,922 | +61.7% |
| Profit (loss) for the period | 9904 | €12,795 | €21,918 | +€9,123 | +71.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,795 | €21,918 | +€9,123 | +71.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.