Technics-group: 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.
Technics-group
Largest movements
- Receivables within one year +€149,181
up €149,181 (+21.8%), from €685,376 to €834,557
of which Trade receivables: +€113,029
- Current investments +€24,033
up €24,033 (+11.0%), from €218,683 to €242,716
- Advances received +€99,104
up €99,104 (+75.9%), from €130,501 to €229,605
- Trade debts +€53,961
up €53,961 (+8.1%), from €666,699 to €720,660
- Tax, wage and social debts +€16,515
up €16,515 (+278%), from €5,933 to €22,448
- Purchases and services -€66,945
down €66,945 (-42.2%), from €158,793 to €91,848
- Gross operating margin +€39,515
up €39,515 (+606%), from €6,519 to €46,035
- Staff costs +€34,023
up €34,023 (+843%), from €4,036 to €38,059
- Turnover -€26,922
down €26,922 (-16.3%), from €164,805 to €137,882
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €904,409 | €1,077,623 | +€173,214 | +19.2% |
| Fixed assets | 21/28 | €350 | €350 | = | 0.0% |
| Tangible fixed assets | 22/27 | €350 | €350 | = | 0.0% |
| Furniture and vehicles | 24 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €904,059 | €1,077,273 | +€173,214 | +19.2% |
| Amounts receivable within one year | 40/41 | €685,376 | €834,557 | +€149,181 | +21.8% |
| Trade receivables | 40 | €660,346 | €773,374 | +€113,029 | +17.1% |
| Other amounts receivable | 41 | €25,030 | €61,183 | +€36,153 | +144% |
| Current investments | 50/53 | €218,683 | €242,716 | +€24,033 | +11.0% |
| Total equity and liabilities | 10/49 | €904,409 | €1,077,623 | +€173,214 | +19.2% |
| Equity | 10/15 | €97,875 | €104,910 | +€7,035 | +7.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €89,815 | €96,850 | +€7,035 | +7.8% |
| Amounts payable | 17/49 | €806,534 | €972,713 | +€166,179 | +20.6% |
| Amounts payable within one year | 42/48 | €806,534 | €972,713 | +€166,179 | +20.6% |
| Trade debts | 44 | €666,699 | €720,660 | +€53,961 | +8.1% |
| Suppliers | 440/4 | €666,699 | €720,660 | +€53,961 | +8.1% |
| Advances received on contracts in progress | 46 | €130,501 | €229,605 | +€99,104 | +75.9% |
| Taxes, remuneration and social security | 45 | €5,933 | €22,448 | +€16,515 | +278% |
| Remuneration and social security | 454/9 | €5,933 | €22,448 | +€16,515 | +278% |
| Other amounts payable | 47/48 | €3,402 | - | -€3,402 | |
| Turnover | 70 | €164,805 | €137,882 | -€26,922 | -16.3% |
| Non-recurring operating income | 76A | €508 | - | -€508 | |
| Goods, raw materials, services and sundry goods | 60/61 | €158,793 | €91,848 | -€66,945 | -42.2% |
| Remuneration, social security and pensions | 62 | €4,036 | €38,059 | +€34,023 | +843% |
| Other operating charges | 640/8 | €1,345 | €704 | -€641 | -47.7% |
| Non-recurring operating charges | 66A | €281 | - | -€281 | |
| Gross operating margin | 9900 | €6,519 | €46,035 | +€39,515 | +606% |
| Operating profit (loss) | 9901 | €857 | €7,272 | +€6,415 | +748% |
| Financial charges | 65/66B | €217 | €236 | +€19 | +8.8% |
| Recurring financial charges | 65 | €217 | €236 | +€19 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €640 | €7,035 | +€6,396 | +1,000% |
| Profit (loss) for the period | 9904 | €640 | €7,035 | +€6,396 | +1,000% |
| Profit (loss) for the period to be appropriated | 9905 | €640 | €7,035 | +€6,396 | +1,000% |
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 22 October 2026 via checked.be.