TECHNICO: 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.
TECHNICO
Largest movements
- Tangible fixed assets +€10,726
up €10,726 (+28.1%), from €38,149 to €48,875
of which Plant, machinery and equipment: +€5,831
- Receivables after one year -€4,000
down €4,000 (-100.0%), from €4,000 to €0
- Receivables within one year +€3,690
up €3,690 (+24.2%), from €15,249 to €18,939
of which Other amounts receivable: +€9,602
- Deferred charges and accrued income +€1,527
up €1,527 (+31.2%), from €4,895 to €6,422
- Short-term financial debts +€15,000
up €15,000 (+100.0%), from €15,000 to €30,000
- Profit (loss) carried forward -€5,200
down €5,200 (-138.3%), from -€3,760 to -€8,960
- Tax, wage and social debts +€4,670
up €4,670 (+19.8%), from €23,555 to €28,225
of which Remuneration and social security: +€7,092
- Trade debts -€4,202
down €4,202 (-13.2%), from €31,909 to €27,707
- Other debts +€1,919
up €1,919 (+121.7%), from €1,576 to €3,494
- Gross operating margin +€68,222
up €68,222 (+76.0%), from €89,766 to €157,987
- Staff costs +€65,874
up €65,874 (+83.8%), from €78,646 to €144,520
- Depreciation +€4,148
up €4,148 (+62.3%), from €6,653 to €10,801
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 | €130,488 | €142,668 | +€12,180 | +9.3% |
| Fixed assets | 21/28 | €38,149 | €48,875 | +€10,726 | +28.1% |
| Tangible fixed assets | 22/27 | €38,149 | €48,875 | +€10,726 | +28.1% |
| Land and buildings | 22 | €1,537 | €1,262 | -€275 | -17.9% |
| Plant, machinery and equipment | 23 | €32,496 | €38,328 | +€5,831 | +17.9% |
| Furniture and vehicles | 24 | €4,116 | €9,286 | +€5,170 | +125.6% |
| Current assets | 29/58 | €92,339 | €93,793 | +€1,454 | +1.6% |
| Amounts receivable after more than one year | 29 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts receivable | 291 | €4,000 | €0 | -€4,000 | -100.0% |
| Stocks and contracts in progress | 3 | €48,666 | €48,140 | -€525 | -1.1% |
| Stocks | 30/36 | €48,666 | €48,140 | -€525 | -1.1% |
| Amounts receivable within one year | 40/41 | €15,249 | €18,939 | +€3,690 | +24.2% |
| Trade receivables | 40 | €15,187 | €9,275 | -€5,912 | -38.9% |
| Other amounts receivable | 41 | €62 | €9,664 | +€9,602 | +15544.5% |
| Cash at bank and in hand | 54/58 | €19,529 | €20,291 | +€762 | +3.9% |
| Deferred charges and accrued income | 490/1 | €4,895 | €6,422 | +€1,527 | +31.2% |
| Total equity and liabilities | 10/49 | €130,488 | €142,668 | +€12,180 | +9.3% |
| Equity | 10/15 | €49,702 | €44,502 | -€5,200 | -10.5% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €22,462 | €22,462 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €22,462 | €22,462 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,760 | -€8,960 | -€5,200 | -138.3% |
| Amounts payable | 17/49 | €80,786 | €98,166 | +€17,380 | +21.5% |
| Amounts payable within one year | 42/48 | €80,786 | €98,166 | +€17,380 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €8,746 | €8,739 | -€7 | -0.1% |
| Financial debts | 43 | €15,000 | €30,000 | +€15,000 | +100.0% |
| Credit institutions | 430/8 | €15,000 | €30,000 | +€15,000 | +100.0% |
| Trade debts | 44 | €31,909 | €27,707 | -€4,202 | -13.2% |
| Suppliers | 440/4 | €31,909 | €27,707 | -€4,202 | -13.2% |
| Taxes, remuneration and social security | 45 | €23,555 | €28,225 | +€4,670 | +19.8% |
| Taxes | 450/3 | €9,026 | €6,605 | -€2,422 | -26.8% |
| Remuneration and social security | 454/9 | €14,529 | €21,620 | +€7,092 | +48.8% |
| Other amounts payable | 47/48 | €1,576 | €3,494 | +€1,919 | +121.7% |
| Non-recurring operating income | 76A | €6,561 | €14,723 | +€8,162 | +124.4% |
| Remuneration, social security and pensions | 62 | €78,646 | €144,520 | +€65,874 | +83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,653 | €10,801 | +€4,148 | +62.3% |
| Other operating charges | 640/8 | €4,639 | €3,269 | -€1,370 | -29.5% |
| Gross operating margin | 9900 | €89,766 | €157,987 | +€68,222 | +76.0% |
| Operating profit (loss) | 9901 | -€173 | -€603 | -€430 | -248.8% |
| Financial income | 75/76B | €687 | €352 | -€334 | -48.7% |
| Recurring financial income | 75 | €687 | €352 | -€334 | -48.7% |
| Financial charges | 65/66B | €3,601 | €4,613 | +€1,012 | +28.1% |
| Recurring financial charges | 65 | €3,601 | €4,613 | +€1,012 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,087 | -€4,864 | -€1,777 | -57.6% |
| Income taxes | 67/77 | €673 | €336 | -€336 | -50.0% |
| Profit (loss) for the period | 9904 | -€3,760 | -€5,200 | -€1,440 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,760 | -€5,200 | -€1,440 | -38.3% |
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 1 October 2026 via checked.be.