TECHNICO: what changed
TECHNICO
Largest movements
- Current investments +€96,085
up €96,085 (+64.1%), from €150,000 to €246,085
- Cash -€69,497
down €69,497 (-31.3%), from €221,772 to €152,274
mainly Current investments (-€96,085) and Receivables within one year (-€15,515)
- Receivables within one year +€15,515
up €15,515 (+54.2%), from €28,622 to €44,136
of which Trade receivables: +€23,614
- Tangible fixed assets -€4,903
down €4,903 (-20.1%), from €24,450 to €19,547
- Reserves +€38,000
up €38,000 (+13.8%), from €275,474 to €313,474
of which Distributable reserves: +€38,000
- Gross operating margin +€16,491
up €16,491 (+34.6%), from €47,638 to €64,128
- Financial charges +€3,970
up €3,970 (+3,513%), from €113 to €4,083
- Write-downs +€3,864
up €3,864, from -€2,791 to €1,072
- Taxes +€2,593
up €2,593 (+16.3%), from €15,878 to €18,472
- Financial income -€1,212
down €1,212 (-20.6%), from €5,874 to €4,661
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,948 | €468,957 | +€35,009 | +8.1% |
| Fixed assets | 21/28 | €24,450 | €19,547 | -€4,903 | -20.1% |
| Tangible fixed assets | 22/27 | €24,450 | €19,547 | -€4,903 | -20.1% |
| Furniture and vehicles | 24 | €24,450 | €19,547 | -€4,903 | -20.1% |
| Current assets | 29/58 | €409,498 | €449,410 | +€39,912 | +9.7% |
| Stocks and contracts in progress | 3 | €4,000 | €4,000 | = | 0.0% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,622 | €44,136 | +€15,515 | +54.2% |
| Trade receivables | 40 | €12,664 | €36,279 | +€23,614 | +186% |
| Other amounts receivable | 41 | €15,957 | €7,858 | -€8,100 | -50.8% |
| Current investments | 50/53 | €150,000 | €246,085 | +€96,085 | +64.1% |
| Cash at bank and in hand | 54/58 | €221,772 | €152,274 | -€69,497 | -31.3% |
| Deferred charges and accrued income | 490/1 | €5,105 | €2,915 | -€2,190 | -42.9% |
| Total equity and liabilities | 10/49 | €433,948 | €468,957 | +€35,009 | +8.1% |
| Equity | 10/15 | €400,114 | €439,192 | +€39,078 | +9.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €275,474 | €313,474 | +€38,000 | +13.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €273,614 | €311,614 | +€38,000 | +13.9% |
| Profit (loss) carried forward | 14 | €106,041 | €107,119 | +€1,078 | +1.0% |
| Amounts payable | 17/49 | €33,834 | €29,765 | -€4,069 | -12.0% |
| Amounts payable within one year | 42/48 | €33,834 | €29,765 | -€4,069 | -12.0% |
| Trade debts | 44 | €13,340 | €9,721 | -€3,619 | -27.1% |
| Suppliers | 440/4 | €13,340 | €9,721 | -€3,619 | -27.1% |
| Taxes, remuneration and social security | 45 | €0 | €489 | +€489 | |
| Taxes | 450/3 | €0 | €489 | +€489 | |
| Other amounts payable | 47/48 | €20,494 | €19,555 | -€939 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,948 | €4,903 | +€955 | +24.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,791 | €1,072 | +€3,864 | |
| Other operating charges | 640/8 | €825 | €1,182 | +€356 | +43.2% |
| Gross operating margin | 9900 | €47,638 | €64,128 | +€16,491 | +34.6% |
| Operating profit (loss) | 9901 | €45,656 | €56,971 | +€11,315 | +24.8% |
| Financial income | 75/76B | €5,874 | €4,661 | -€1,212 | -20.6% |
| Recurring financial income | 75 | €5,874 | €4,661 | -€1,212 | -20.6% |
| Financial charges | 65/66B | €113 | €4,083 | +€3,970 | +3,513% |
| Recurring financial charges | 65 | €113 | €4,083 | +€3,970 | +3,513% |
| Profit (loss) for the period before taxes | 9903 | €51,417 | €57,550 | +€6,133 | +11.9% |
| Income taxes | 67/77 | €15,878 | €18,472 | +€2,593 | +16.3% |
| Profit (loss) for the period | 9904 | €35,539 | €39,078 | +€3,539 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,539 | €39,078 | +€3,539 | +10.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.