Technicert: 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.
Technicert
Largest movements
- Cash +€119,209
up €119,209 (+309.9%), from €38,469 to €157,678
mainly Trade debts (+€137,618) and Other debts (+€70,097)
- Receivables within one year +€40,494
up €40,494 (+156.1%), from €25,938 to €66,432
of which Other amounts receivable: +€24,811
- Tangible fixed assets -€7,555
down €7,555 (-22.4%), from €33,776 to €26,221
of which Other tangible fixed assets: -€4,360
- Trade debts +€137,618
up €137,618 (+1823.2%), from €7,548 to €145,166
- Other debts +€70,097
up €70,097 (+184660.4%), from €38 to €70,135
- Reserves -€69,387
no longer reported in 2025 (was €69,387)
- Tax, wage and social debts +€13,656
up €13,656 (+70.1%), from €19,476 to €33,131
of which Taxes: +€12,206
- Gross operating margin -€89,595
down €89,595 (-89.3%), from €100,312 to €10,717
- Taxes -€16,097
down €16,097 (-96.0%), from €16,770 to €673
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 | €99,449 | €251,432 | +€151,983 | +152.8% |
| Fixed assets | 21/28 | €34,114 | €26,379 | -€7,735 | -22.7% |
| Intangible fixed assets | 21 | €338 | €158 | -€180 | -53.2% |
| Tangible fixed assets | 22/27 | €33,776 | €26,221 | -€7,555 | -22.4% |
| Plant, machinery and equipment | 23 | €4,006 | €3,595 | -€411 | -10.3% |
| Furniture and vehicles | 24 | €10,922 | €8,137 | -€2,785 | -25.5% |
| Other tangible fixed assets | 26 | €18,848 | €14,488 | -€4,360 | -23.1% |
| Current assets | 29/58 | €65,335 | €225,053 | +€159,718 | +244.5% |
| Amounts receivable within one year | 40/41 | €25,938 | €66,432 | +€40,494 | +156.1% |
| Trade receivables | 40 | €25,938 | €41,620 | +€15,683 | +60.5% |
| Other amounts receivable | 41 | - | €24,811 | +€24,811 | |
| Cash at bank and in hand | 54/58 | €38,469 | €157,678 | +€119,209 | +309.9% |
| Deferred charges and accrued income | 490/1 | €928 | €943 | +€15 | +1.6% |
| Total equity and liabilities | 10/49 | €99,449 | €251,432 | +€151,983 | +152.8% |
| Equity | 10/15 | €72,387 | €3,000 | -€69,387 | -95.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €69,387 | - | -€69,387 | |
| Distributable reserves | 133 | €69,387 | - | -€69,387 | |
| Amounts payable | 17/49 | €27,062 | €248,432 | +€221,370 | +818.0% |
| Amounts payable within one year | 42/48 | €27,062 | €248,432 | +€221,370 | +818.0% |
| Trade debts | 44 | €7,548 | €145,166 | +€137,618 | +1823.2% |
| Suppliers | 440/4 | €7,548 | €145,166 | +€137,618 | +1823.2% |
| Taxes, remuneration and social security | 45 | €19,476 | €33,131 | +€13,656 | +70.1% |
| Taxes | 450/3 | €19,476 | €31,681 | +€12,206 | +62.7% |
| Remuneration and social security | 454/9 | - | €1,450 | +€1,450 | |
| Other amounts payable | 47/48 | €38 | €70,135 | +€70,097 | +184660.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,351 | €7,735 | +€384 | +5.2% |
| Other operating charges | 640/8 | €798 | €614 | -€184 | -23.0% |
| Gross operating margin | 9900 | €100,312 | €10,717 | -€89,595 | -89.3% |
| Operating profit (loss) | 9901 | €92,163 | €2,368 | -€89,795 | -97.4% |
| Financial income | 75/76B | €2 | €1 | -€1 | -61.7% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -61.7% |
| Financial charges | 65/66B | €437 | €971 | +€533 | +121.9% |
| Recurring financial charges | 65 | €437 | €971 | +€533 | +121.9% |
| Profit (loss) for the period before taxes | 9903 | €91,727 | €1,398 | -€90,330 | -98.5% |
| Income taxes | 67/77 | €16,770 | €673 | -€16,097 | -96.0% |
| Profit (loss) for the period | 9904 | €74,958 | €725 | -€74,232 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,958 | €725 | -€74,232 | -99.0% |
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.