TECHNICHEM: 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.
What changed
TECHNICHEM
NACE 20.590, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€12,074
2024 · €848,178-€860,252
Equity
€2.5m
2024 · €2.5m-€12,074
Cash
€1.0m
2024 · €889,017+€124,431
Balance sheet total
€5.3m
2024 · €5.3m+€44,816
Largest movements
Assets
- Financial fixed assets -€488,081
down €488,081 (-59.0%), from €827,843 to €339,763
- Receivables within one year +€297,814
up €297,814 (+12.7%), from €2.3m to €2.6m
of which Other amounts receivable: +€458,268
- Cash +€124,431
up €124,431 (+14.0%), from €889,017 to €1.0m
mainly Trade debts (+€546,104) and Short-term financial debts (+€414,872)
- Tangible fixed assets +€100,638
up €100,638 (+14.2%), from €708,556 to €809,194
of which Plant, machinery and equipment: +€121,844
Equity and liabilities
- Other debts -€625,000
down €625,000 (-100.0%), from €625,000 to €0
- Trade debts +€546,104
up €546,104 (+239.1%), from €228,435 to €774,539
- Short-term financial debts +€414,872
up €414,872 (+106.3%), from €390,336 to €805,209
- Provisions -€380,000
down €380,000 (-100.0%), from €380,000 to €0
- Debts after one year +€155,084
up €155,084 (+34.1%), from €454,535 to €609,618
of which Financial debts: +€209,410
Income statement
- Gross operating margin -€1.4m
down €1.4m (-47.6%), from €2.9m to €1.5m
- Provisions -€760,000
down €760,000, from €380,000 to -€380,000
- Taxes -€228,557
down €228,557 (-78.7%), from €290,233 to €61,676
- Staff costs +€98,024
up €98,024 (+9.3%), from €1.1m to €1.2m
- Write-downs +€62,511
up €62,511, from -€1,380 to €61,132
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.
Result 2024
€848,178
Gross operating margin
-€1.4m
Staff costs
-€98,024
Depreciation
+€17,096
Write-downs
-€62,511
Provisions
+€760,000
Other operating charges
+€24,437
Other operating items
-€362,668
Financial income
+€7,902
Financial charges
+€17,902
Taxes
+€228,557
Result 2025
-€12,074
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.
From operations
-€578,573
Investment
+€187,981
Financing
+€515,023
Cash 2024
€889,017
From operations (derived)
-€578,573
Net result for the year
-€12,074
Depreciation
+€199,462
Stocks and contracts
-€6,554
Receivables within one year
-€297,814
Deferred charges and accrued income
-€3,460
Provisions
-€380,000
Trade debts
+€546,104
Tax, wage and social debts
-€7,061
Other debts
-€625,000
Accrued charges and deferred income
+€7,824
Investment (derived)
+€187,981
Investment in fixed assets (net)
+€187,981
Financing
+€515,023
Debts after one year
+€155,084
Current portion of long-term debt
-€54,934
Short-term financial debts
+€414,872
Cash 2025
€1.0m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,255,331 | €5,300,147 | +€44,816 | +0.9% |
| Fixed assets | 21/28 | €1,536,399 | €1,148,957 | -€387,443 | -25.2% |
| Tangible fixed assets | 22/27 | €708,556 | €809,194 | +€100,638 | +14.2% |
| Land and buildings | 22 | €95,233 | €93,854 | -€1,379 | -1.4% |
| Plant, machinery and equipment | 23 | €262,090 | €383,934 | +€121,844 | +46.5% |
| Furniture and vehicles | 24 | €188,734 | €222,789 | +€34,055 | +18.0% |
| Other tangible fixed assets | 26 | €162,499 | €108,618 | -€53,881 | -33.2% |
| Financial fixed assets | 28 | €827,843 | €339,763 | -€488,081 | -59.0% |
| Current assets | 29/58 | €3,718,932 | €4,151,190 | +€432,259 | +11.6% |
| Stocks and contracts in progress | 3 | €474,716 | €481,270 | +€6,554 | +1.4% |
| Stocks | 30/36 | €474,716 | €481,270 | +€6,554 | +1.4% |
| Amounts receivable within one year | 40/41 | €2,343,446 | €2,641,260 | +€297,814 | +12.7% |
| Trade receivables | 40 | €1,779,123 | €1,618,669 | -€160,454 | -9.0% |
| Other amounts receivable | 41 | €564,323 | €1,022,591 | +€458,268 | +81.2% |
| Cash at bank and in hand | 54/58 | €889,017 | €1,013,448 | +€124,431 | +14.0% |
| Deferred charges and accrued income | 490/1 | €11,752 | €15,212 | +€3,460 | +29.4% |
| Total equity and liabilities | 10/49 | €5,255,331 | €5,300,147 | +€44,816 | +0.9% |
| Equity | 10/15 | €2,499,139 | €2,487,065 | -€12,074 | -0.5% |
| Contributions | 10/11 | €317,000 | €317,000 | = | 0.0% |
| Capital | 10 | €317,000 | €317,000 | = | 0.0% |
| Issued capital | 100 | €317,000 | €317,000 | = | 0.0% |
| Reserves | 13 | €2,182,139 | €2,170,065 | -€12,074 | -0.6% |
| Non-distributable reserves | 130/1 | €37,801 | €37,801 | = | 0.0% |
| Legal reserve | 130 | €31,700 | €31,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,101 | €6,101 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,125,588 | €2,113,514 | -€12,074 | -0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €380,000 | €0 | -€380,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €380,000 | €0 | -€380,000 | -100.0% |
| Other liabilities and charges | 164/5 | €380,000 | €0 | -€380,000 | -100.0% |
| Amounts payable | 17/49 | €2,376,192 | €2,813,082 | +€436,890 | +18.4% |
| Amounts payable after more than one year | 17 | €454,535 | €609,618 | +€155,084 | +34.1% |
| Financial debts | 170/4 | €279,249 | €488,659 | +€209,410 | +75.0% |
| Other amounts payable | 178/9 | €175,286 | €120,960 | -€54,326 | -31.0% |
| Amounts payable within one year | 42/48 | €1,920,131 | €2,194,113 | +€273,982 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €270,459 | €215,525 | -€54,934 | -20.3% |
| Financial debts | 43 | €390,336 | €805,209 | +€414,872 | +106.3% |
| Credit institutions | 430/8 | €390,336 | €805,209 | +€414,872 | +106.3% |
| Trade debts | 44 | €228,435 | €774,539 | +€546,104 | +239.1% |
| Suppliers | 440/4 | €228,435 | €774,539 | +€546,104 | +239.1% |
| Taxes, remuneration and social security | 45 | €405,901 | €398,840 | -€7,061 | -1.7% |
| Taxes | 450/3 | €265,602 | €269,335 | +€3,734 | +1.4% |
| Remuneration and social security | 454/9 | €140,299 | €129,505 | -€10,794 | -7.7% |
| Other amounts payable | 47/48 | €625,000 | €0 | -€625,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,526 | €9,350 | +€7,824 | +512.7% |
| Non-recurring operating income | 76A | - | €1,343 | +€1,343 | |
| Remuneration, social security and pensions | 62 | €1,057,125 | €1,155,149 | +€98,024 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,558 | €199,462 | -€17,096 | -7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,380 | €61,132 | +€62,511 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €380,000 | -€380,000 | -€760,000 | |
| Other operating charges | 640/8 | €58,586 | €34,149 | -€24,437 | -41.7% |
| Non-recurring operating charges | 66A | €30,680 | €393,348 | +€362,668 | +1182.1% |
| Gross operating margin | 9900 | €2,924,653 | €1,531,710 | -€1.4m | -47.6% |
| Operating profit (loss) | 9901 | €1,183,084 | €68,471 | -€1.1m | -94.2% |
| Financial income | 75/76B | €53,837 | €61,739 | +€7,902 | +14.7% |
| Recurring financial income | 75 | €53,837 | €61,739 | +€7,902 | +14.7% |
| Financial charges | 65/66B | €98,510 | €80,608 | -€17,902 | -18.2% |
| Recurring financial charges | 65 | €98,510 | €80,608 | -€17,902 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €1,138,411 | €49,603 | -€1.1m | -95.6% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €290,233 | €61,676 | -€228,557 | -78.7% |
| Profit (loss) for the period | 9904 | €848,178 | -€12,074 | -€860,252 | |
| Profit (loss) for the period to be appropriated | 9905 | €848,178 | -€12,074 | -€860,252 |
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 2 October 2026 via checked.be.