TECHNIC-AL: 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.
TECHNIC-AL
Largest movements
- Receivables within one year +€62,646
up €62,646 (+2962.0%), from €2,115 to €64,761
of which Trade receivables: +€62,646
- Cash -€16,279
down €16,279 (-15.7%), from €103,664 to €87,385
mainly Receivables within one year (-€62,646) and Deferred charges and accrued income (-€16)
- Reserves +€43,259
up €43,259 (+66.8%), from €64,790 to €108,049
- Gross operating margin +€33,322
up €33,322 (+90.9%), from €36,645 to €69,968
- Taxes +€10,854
up €10,854 (+80.3%), from €13,514 to €24,367
- Financial charges -€820
down €820 (-60.8%), from €1,349 to €529
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 | €110,471 | €155,401 | +€44,931 | +40.7% |
| Fixed assets | 21/28 | €4,535 | €3,083 | -€1,452 | -32.0% |
| Tangible fixed assets | 22/27 | €4,535 | €3,083 | -€1,452 | -32.0% |
| Furniture and vehicles | 24 | €4,535 | €3,083 | -€1,452 | -32.0% |
| Current assets | 29/58 | €105,935 | €152,318 | +€46,383 | +43.8% |
| Amounts receivable within one year | 40/41 | €2,115 | €64,761 | +€62,646 | +2962.0% |
| Trade receivables | 40 | €1,815 | €64,461 | +€62,646 | +3451.5% |
| Other amounts receivable | 41 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €103,664 | €87,385 | -€16,279 | -15.7% |
| Deferred charges and accrued income | 490/1 | €156 | €173 | +€16 | +10.5% |
| Total equity and liabilities | 10/49 | €110,471 | €155,401 | +€44,931 | +40.7% |
| Equity | 10/15 | €89,053 | €132,312 | +€43,259 | +48.6% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €64,790 | €108,049 | +€43,259 | +66.8% |
| Distributable reserves | 133 | €64,790 | €108,049 | +€43,259 | +66.8% |
| Profit (loss) carried forward | 14 | €17,264 | €17,264 | = | 0.0% |
| Amounts payable | 17/49 | €21,417 | €23,089 | +€1,672 | +7.8% |
| Amounts payable within one year | 42/48 | €21,417 | €23,089 | +€1,672 | +7.8% |
| Taxes, remuneration and social security | 45 | €15,436 | €16,701 | +€1,265 | +8.2% |
| Taxes | 450/3 | €15,436 | €16,701 | +€1,265 | +8.2% |
| Other amounts payable | 47/48 | €5,981 | €6,388 | +€407 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,048 | €1,452 | +€404 | +38.6% |
| Other operating charges | 640/8 | €185 | €362 | +€177 | +95.8% |
| Gross operating margin | 9900 | €36,645 | €69,968 | +€33,322 | +90.9% |
| Operating profit (loss) | 9901 | €35,412 | €68,153 | +€32,741 | +92.5% |
| Financial income | 75/76B | €2 | €2 | -€1 | -28.8% |
| Recurring financial income | 75 | €2 | €2 | -€1 | -28.8% |
| Financial charges | 65/66B | €1,349 | €529 | -€820 | -60.8% |
| Recurring financial charges | 65 | €1,349 | €529 | -€820 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €34,066 | €67,626 | +€33,561 | +98.5% |
| Income taxes | 67/77 | €13,514 | €24,367 | +€10,854 | +80.3% |
| Profit (loss) for the period | 9904 | €20,552 | €43,259 | +€22,707 | +110.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,552 | €43,259 | +€22,707 | +110.5% |
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 9 October 2026 via checked.be.