TECHNICMAN: 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.
TECHNICMAN
Largest movements
- Receivables within one year -€14,395
down €14,395 (-55.3%), from €26,050 to €11,655
of which Trade receivables: -€10,247
- Cash +€9,478
up €9,478 (+412.9%), from €2,296 to €11,773
mainly Receivables within one year (+€14,395) and Depreciation (+€8,119)
- Tangible fixed assets -€4,019
down €4,019 (-21.1%), from €19,016 to €14,997
of which Furniture and vehicles: -€6,038
- Financial fixed assets -€2,302
down €2,302 (-100.0%), from €2,302 to €0
- Trade debts -€9,456
down €9,456 (-22.8%), from €41,515 to €32,059
- Other debts -€2,897
down €2,897 (-82.8%), from €3,500 to €603
- Profit (loss) carried forward +€1,115
up €1,115 (+172.0%), from €648 to €1,763
- Gross operating margin -€2,459
down €2,459 (-19.0%), from €12,945 to €10,486
- Depreciation +€2,036
up €2,036 (+33.5%), from €6,082 to €8,119
- Other operating charges -€291
down €291 (-23.7%), from €1,227 to €936
- Taxes +€200
new in 2024: €200
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,664 | €38,425 | -€11,238 | -22.6% |
| Fixed assets | 21/28 | €21,318 | €14,997 | -€6,321 | -29.7% |
| Tangible fixed assets | 22/27 | €19,016 | €14,997 | -€4,019 | -21.1% |
| Plant, machinery and equipment | 23 | €6,455 | €8,474 | +€2,019 | +31.3% |
| Furniture and vehicles | 24 | €12,561 | €6,524 | -€6,038 | -48.1% |
| Financial fixed assets | 28 | €2,302 | €0 | -€2,302 | -100.0% |
| Current assets | 29/58 | €28,345 | €23,428 | -€4,917 | -17.3% |
| Amounts receivable within one year | 40/41 | €26,050 | €11,655 | -€14,395 | -55.3% |
| Trade receivables | 40 | €20,867 | €10,620 | -€10,247 | -49.1% |
| Other amounts receivable | 41 | €5,183 | €1,035 | -€4,148 | -80.0% |
| Cash at bank and in hand | 54/58 | €2,296 | €11,773 | +€9,478 | +412.9% |
| Total equity and liabilities | 10/49 | €49,664 | €38,425 | -€11,238 | -22.6% |
| Equity | 10/15 | €4,648 | €5,763 | +€1,115 | +24.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €648 | €1,763 | +€1,115 | +172.0% |
| Amounts payable | 17/49 | €45,015 | €32,662 | -€12,353 | -27.4% |
| Amounts payable within one year | 42/48 | €45,015 | €32,662 | -€12,353 | -27.4% |
| Trade debts | 44 | €41,515 | €32,059 | -€9,456 | -22.8% |
| Suppliers | 440/4 | €41,515 | €32,059 | -€9,456 | -22.8% |
| Other amounts payable | 47/48 | €3,500 | €603 | -€2,897 | -82.8% |
| Remuneration, social security and pensions | 62 | €75 | - | -€75 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,082 | €8,119 | +€2,036 | +33.5% |
| Other operating charges | 640/8 | €1,227 | €936 | -€291 | -23.7% |
| Gross operating margin | 9900 | €12,945 | €10,486 | -€2,459 | -19.0% |
| Operating profit (loss) | 9901 | €5,561 | €1,432 | -€4,129 | -74.2% |
| Financial charges | 65/66B | €94 | €118 | +€24 | +25.5% |
| Recurring financial charges | 65 | €94 | €118 | +€24 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €5,467 | €1,315 | -€4,153 | -76.0% |
| Income taxes | 67/77 | - | €200 | +€200 | |
| Profit (loss) for the period | 9904 | €5,467 | €1,115 | -€4,352 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,467 | €1,115 | -€4,352 | -79.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.