TECHNICOOL: 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.
TECHNICOOL
Largest movements
- Receivables within one year +€20,018
up €20,018 (+40.1%), from €49,899 to €69,917
of which Trade receivables: +€14,377
- Cash +€18,896
up €18,896 (+1,483%), from €1,274 to €20,170
mainly Trade debts (+€17,668) and Tax, wage and social debts (+€13,566)
- Tangible fixed assets -€3,640
down €3,640 (-10.8%), from €33,665 to €30,025
of which Leasing and similar rights: -€7,251
- Trade debts +€17,668
up €17,668 (+438%), from €4,035 to €21,703
- Tax, wage and social debts +€13,566
up €13,566 (+2,261%), from €600 to €14,166
of which Remuneration and social security: +€10,552
- Debts after one year -€5,574
down €5,574 (-19.5%), from €28,597 to €23,023
- Advances received +€5,000
new in 2024: €5,000
- Profit (loss) carried forward +€4,563
up €4,563 (+14.0%), from €32,479 to €37,042
- Gross operating margin +€76,700
up €76,700, from -€8,357 to €68,343
- Staff costs +€49,292
new in 2024: €49,292
- Other operating charges -€11,341
down €11,341 (-98.7%), from €11,490 to €149
- Financial income -€5,438
no longer reported in 2024 (was €5,438)
- Depreciation +€2,846
up €2,846 (+47.8%), from €5,951 to €8,797
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.
Derived cash bridge
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 | €96,003 | €131,851 | +€35,848 | +37.3% |
| Fixed assets | 21/28 | €35,465 | €31,825 | -€3,640 | -10.3% |
| Tangible fixed assets | 22/27 | €33,665 | €30,025 | -€3,640 | -10.8% |
| Plant, machinery and equipment | 23 | €738 | €5,288 | +€4,550 | +617% |
| Furniture and vehicles | 24 | €1,817 | €878 | -€939 | -51.7% |
| Leasing and similar rights | 25 | €31,110 | €23,859 | -€7,251 | -23.3% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €60,538 | €100,026 | +€39,488 | +65.2% |
| Amounts receivable within one year | 40/41 | €49,899 | €69,917 | +€20,018 | +40.1% |
| Trade receivables | 40 | €22,767 | €37,144 | +€14,377 | +63.1% |
| Other amounts receivable | 41 | €27,132 | €32,773 | +€5,641 | +20.8% |
| Cash at bank and in hand | 54/58 | €1,274 | €20,170 | +€18,896 | +1,483% |
| Deferred charges and accrued income | 490/1 | €9,365 | €9,939 | +€574 | +6.1% |
| Total equity and liabilities | 10/49 | €96,003 | €131,851 | +€35,848 | +37.3% |
| Equity | 10/15 | €56,764 | €61,327 | +€4,563 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,685 | €5,685 | = | 0.0% |
| 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 | €3,825 | €3,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,479 | €37,042 | +€4,563 | +14.0% |
| Amounts payable | 17/49 | €39,239 | €70,524 | +€31,285 | +79.7% |
| Amounts payable after more than one year | 17 | €28,597 | €23,023 | -€5,574 | -19.5% |
| Financial debts | 170/4 | €28,597 | €23,023 | -€5,574 | -19.5% |
| Amounts payable within one year | 42/48 | €10,642 | €47,501 | +€36,859 | +346% |
| Trade debts | 44 | €4,035 | €21,703 | +€17,668 | +438% |
| Suppliers | 440/4 | €4,035 | €21,703 | +€17,668 | +438% |
| Advances received on contracts in progress | 46 | - | €5,000 | +€5,000 | |
| Taxes, remuneration and social security | 45 | €600 | €14,166 | +€13,566 | +2,261% |
| Taxes | 450/3 | €600 | €3,614 | +€3,014 | +502% |
| Remuneration and social security | 454/9 | - | €10,552 | +€10,552 | |
| Other amounts payable | 47/48 | €6,007 | €6,632 | +€625 | +10.4% |
| Remuneration, social security and pensions | 62 | - | €49,292 | +€49,292 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,951 | €8,797 | +€2,846 | +47.8% |
| Other operating charges | 640/8 | €11,490 | €149 | -€11,341 | -98.7% |
| Non-recurring operating charges | 66A | €700 | - | -€700 | |
| Gross operating margin | 9900 | -€8,357 | €68,343 | +€76,700 | |
| Operating profit (loss) | 9901 | -€26,498 | €10,105 | +€36,603 | |
| Financial income | 75/76B | €5,438 | - | -€5,438 | |
| Recurring financial income | 75 | €5,438 | - | -€5,438 | |
| Financial charges | 65/66B | €6,044 | €4,895 | -€1,149 | -19.0% |
| Recurring financial charges | 65 | €6,044 | €4,895 | -€1,149 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€27,104 | €5,210 | +€32,314 | |
| Income taxes | 67/77 | €1,937 | €647 | -€1,290 | -66.6% |
| Profit (loss) for the period | 9904 | -€29,041 | €4,563 | +€33,604 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,041 | €4,563 | +€33,604 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.