TECHNICAL AIRBORNE COMPONENTS INDUSTRIES: what changed
What changed
TECHNICAL AIRBORNE COMPONENTS INDUSTRIES
NACE 30.310, Manufacture of other transport equipment
not consecutivefiled annual accounts (NBB)
Net result for the year
€2.4m
2023 · €2.4m-€9,473
Equity
-
2023 · €17.1m-€17.1m
Cash
€4.4m
2023 · €1.6m+€2.7m
Balance sheet total
€37.1m
2023 · €81.1m-€44.0m
Largest movements
Assets
- Receivables within one year -€30.3m
down €30.3m (-58.8%), from €51.5m to €21.2m
of which Other amounts receivable: -€44.8m
- Stocks and contracts -€8.5m
down €8.5m (-87.8%), from €9.7m to €1.2m
- Financial fixed assets -€7.2m
down €7.2m (-99.8%), from €7.3m to €15,150
of which Affiliated companies: -€7.2m
- Cash +€2.7m
up €2.7m (+171%), from €1.6m to €4.4m
- Tangible fixed assets +€1.8m
up €1.8m (+29.6%), from €6.0m to €7.7m
of which Plant, machinery and equipment: +€1.1m
Equity and liabilities
- Total equity and liabilities -€44.0m
down €44.0m (-54.2%), from €81.1m to €37.1m
of which Debts: -€47.4m
Income statement
- Goods and materials +€17.7m
up €17.7m (+189%), from €9.4m to €27.1m
of which Change in stocks: decrease (increase): +€11.9m
- Other operating income +€12.1m
up €12.1m (+1,820%), from €662,748 to €12.7m
- Turnover +€11.8m
up €11.8m (+37.7%), from €31.4m to €43.2m
- Staff costs +€5.6m
up €5.6m (+46.2%), from €12.0m to €17.6m
- Provisions -€4.8m
down €4.8m, from €1.5m to -€3.3m
Change in the result, 2023 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 2023
€2.4m
Turnover
+€11.8m
Other operating income
+€12.1m
Goods and materials
-€17.7m
Services and other goods
-€2.8m
Staff costs
-€5.6m
Depreciation
-€112,865
Write-downs
+€134,719
Provisions
+€4.8m
Other operating charges
-€207,657
Other operating items
-€918,674
Financial income
-€3.2m
Financial charges
+€329,474
Other financial items
+€430,614
Taxes
+€924,468
Result 2025
€2.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,104,892 | €37,145,373 | -€44.0m | -54.2% |
| Fixed assets | 21/28 | €16,708,716 | €10,407,274 | -€6.3m | -37.7% |
| Intangible fixed assets | 21 | €3,501,154 | €2,676,842 | -€824,312 | -23.5% |
| Tangible fixed assets | 22/27 | €5,952,592 | €7,715,282 | +€1.8m | +29.6% |
| Land and buildings | 22 | €1,726,765 | €2,173,987 | +€447,222 | +25.9% |
| Plant, machinery and equipment | 23 | €2,843,880 | €3,926,027 | +€1.1m | +38.1% |
| Furniture and vehicles | 24 | €141,561 | €344,983 | +€203,422 | +144% |
| Assets under construction and advance payments | 27 | €1,240,385 | €1,270,285 | +€29,900 | +2.4% |
| Financial fixed assets | 28 | €7,254,969 | €15,150 | -€7.2m | -99.8% |
| Affiliated companies | 280/1 | €7,239,819 | - | -€7.2m | |
| Amounts receivable | 281 | €7,239,819 | - | -€7.2m | |
| Other financial fixed assets | 284/8 | €15,150 | €15,150 | -€0 | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €15,150 | €15,150 | -€0 | 0.0% |
| Current assets | 29/58 | €64,396,176 | €26,738,099 | -€37.7m | -58.5% |
| Stocks and contracts in progress | 3 | €9,725,111 | €1,188,658 | -€8.5m | -87.8% |
| Stocks | 30/36 | €9,725,111 | €1,188,658 | -€8.5m | -87.8% |
| Raw materials and consumables | 30/31 | €3,850,957 | €1,140,164 | -€2.7m | -70.4% |
| Work in progress | 32 | €3,458,059 | €27,781 | -€3.4m | -99.2% |
| Finished goods | 33 | €2,416,095 | €20,713 | -€2.4m | -99.1% |
| Amounts receivable within one year | 40/41 | €51,456,579 | €21,188,626 | -€30.3m | -58.8% |
| Trade receivables | 40 | €5,016,841 | €19,559,831 | +€14.5m | +290% |
| Other amounts receivable | 41 | €46,439,738 | €1,628,795 | -€44.8m | -96.5% |
| Cash at bank and in hand | 54/58 | €1,607,266 | €4,354,656 | +€2.7m | +171% |
| Deferred charges and accrued income | 490/1 | €1,607,220 | €6,159 | -€1.6m | -99.6% |
| Total equity and liabilities | 10/49 | €81,104,892 | €37,145,373 | -€44.0m | -54.2% |
| Equity | 10/15 | €17,054,429 | - | -€17.1m | |
| Contributions | 10/11 | €4,820,460 | €4,820,460 | = | 0.0% |
| Revaluation surpluses | 12 | €52,969 | €52,969 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €12,181,000 | €17,465,460 | +€5.3m | +43.4% |
| Provisions and deferred taxes | 16 | €2,888,414 | - | -€2.9m | |
| Provisions for liabilities and charges | 160/5 | €2,888,414 | €1,016,369 | -€1.9m | -64.8% |
| Other liabilities and charges | 164/5 | €2,888,414 | €1,016,369 | -€1.9m | -64.8% |
| Amounts payable | 17/49 | €61,162,049 | €13,790,115 | -€47.4m | -77.5% |
| Amounts payable within one year | 42/48 | €60,847,809 | €13,580,369 | -€47.3m | -77.7% |
| Trade debts | 44 | €3,161,043 | €4,742,970 | +€1.6m | +50.0% |
| Suppliers | 440/4 | €3,161,043 | €4,742,970 | +€1.6m | +50.0% |
| Taxes, remuneration and social security | 45 | €4,615,521 | €6,375,211 | +€1.8m | +38.1% |
| Taxes | 450/3 | €2,724,258 | €2,237,157 | -€487,101 | -17.9% |
| Remuneration and social security | 454/9 | €1,891,263 | €4,138,054 | +€2.2m | +119% |
| Other amounts payable | 47/48 | €53,071,245 | €2,462,187 | -€50.6m | -95.4% |
| Accrued charges and deferred income | 492/3 | €314,240 | €209,746 | -€104,494 | -33.3% |
| Operating income | 70/76A | €31,751,030 | €54,733,890 | +€23.0m | +72.4% |
| Turnover | 70 | €31,389,839 | €43,228,219 | +€11.8m | +37.7% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€301,557 | -€1,219,604 | -€918,047 | -304% |
| Own construction capitalised | 72 | €0 | - | = | |
| Other operating income | 74 | €662,748 | €12,725,276 | +€12.1m | +1,820% |
| Operating charges | 60/66A | €29,287,367 | €50,773,336 | +€21.5m | +73.4% |
| Goods for resale, raw materials and consumables | 60 | €9,396,798 | €27,117,710 | +€17.7m | +189% |
| Purchases | 600/8 | €10,130,658 | - | -€10.1m | |
| Change in stocks: decrease (increase) | 609 | -€733,861 | €11,158,169 | +€11.9m | |
| Services and other goods | 61 | €5,043,787 | €7,882,379 | +€2.8m | +56.3% |
| Remuneration, social security and pensions | 62 | €12,043,085 | €17,603,477 | +€5.6m | +46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,273,155 | €1,386,020 | +€112,865 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€229,793 | -€364,512 | -€134,719 | -58.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,512,535 | -€3,307,822 | -€4.8m | |
| Other operating charges | 640/8 | €247,801 | €455,458 | +€207,657 | +83.8% |
| Non-recurring operating charges | 66A | €0 | €626 | +€626 | |
| Operating profit (loss) | 9901 | €2,463,662 | €3,960,554 | +€1.5m | +60.8% |
| Financial income | 75/76B | €3,190,921 | - | -€3.2m | |
| Recurring financial income | 75 | €3,190,921 | €430,614 | -€2.8m | -86.5% |
| Income from financial fixed assets | 750 | €623,691 | - | -€623,691 | |
| Income from current assets | 751 | €2,219,445 | €238,644 | -€2.0m | -89.2% |
| Other financial income | 752/9 | €347,785 | €191,970 | -€155,815 | -44.8% |
| Financial charges | 65/66B | €1,729,361 | €1,399,887 | -€329,474 | -19.1% |
| Recurring financial charges | 65 | €1,729,361 | €1,399,887 | -€329,474 | -19.1% |
| Debt charges | 650 | €1,188,653 | €153,306 | -€1.0m | -87.1% |
| Other financial charges | 652/9 | €540,709 | €1,246,581 | +€705,872 | +131% |
| Profit (loss) for the period before taxes | 9903 | €3,925,222 | €2,991,281 | -€933,941 | -23.8% |
| Income taxes | 67/77 | €1,550,000 | €625,532 | -€924,468 | -59.6% |
| Taxes | 670/3 | €1,550,000 | €625,532 | -€924,468 | -59.6% |
| Profit (loss) for the period | 9904 | €2,375,222 | €2,365,749 | -€9,473 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,375,222 | €2,365,749 | -€9,473 | -0.4% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.