TECHNICUP: 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.
TECHNICUP
Largest movements
- Tangible fixed assets +€69,804
up €69,804 (+252.5%), from €27,648 to €97,452
of which Furniture and vehicles: +€63,966
- Receivables within one year -€61,404
down €61,404 (-7.8%), from €782,816 to €721,412
of which Trade receivables: -€95,019
- Cash +€24,771
up €24,771 (+89.4%), from €27,697 to €52,468
mainly Net result for the year (+€386,347) and Receivables within one year (+€61,404)
- Short-term financial debts -€50,262
down €50,262 (-49.9%), from €100,680 to €50,418
- Other debts +€39,142
up €39,142 (+17.6%), from €222,154 to €261,295
- Tax, wage and social debts +€27,949
up €27,949 (+174.6%), from €16,008 to €43,957
- Trade debts +€18,599
up €18,599 (+138.3%), from €13,446 to €32,046
- Current portion of long-term debt +€13,912
up €13,912 (+27.8%), from €50,000 to €63,912
- Gross operating margin -€66,104
down €66,104 (-11.3%), from €584,359 to €518,256
- Financial income +€23,164
up €23,164 (+51.7%), from €44,788 to €67,952
- Taxes -€18,059
down €18,059 (-12.5%), from €144,440 to €126,381
- Depreciation +€12,006
up €12,006 (+227.5%), from €5,278 to €17,284
- Staff costs +€9,262
new in 2025: €9,262
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 | €1,201,196 | €1,236,371 | +€35,175 | +2.9% |
| Fixed assets | 21/28 | €30,348 | €100,152 | +€69,804 | +230.0% |
| Tangible fixed assets | 22/27 | €27,648 | €97,452 | +€69,804 | +252.5% |
| Plant, machinery and equipment | 23 | €1,691 | €531 | -€1,160 | -68.6% |
| Furniture and vehicles | 24 | - | €63,966 | +€63,966 | |
| Other tangible fixed assets | 26 | €25,957 | €32,955 | +€6,998 | +27.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €1,170,848 | €1,136,219 | -€34,629 | -3.0% |
| Stocks and contracts in progress | 3 | €357,817 | €361,034 | +€3,217 | +0.9% |
| Stocks | 30/36 | €357,817 | €361,034 | +€3,217 | +0.9% |
| Amounts receivable within one year | 40/41 | €782,816 | €721,412 | -€61,404 | -7.8% |
| Trade receivables | 40 | €775,493 | €680,473 | -€95,019 | -12.3% |
| Other amounts receivable | 41 | €7,323 | €40,939 | +€33,616 | +459.0% |
| Cash at bank and in hand | 54/58 | €27,697 | €52,468 | +€24,771 | +89.4% |
| Deferred charges and accrued income | 490/1 | €2,518 | €1,305 | -€1,213 | -48.2% |
| Total equity and liabilities | 10/49 | €1,201,196 | €1,236,371 | +€35,175 | +2.9% |
| Equity | 10/15 | €698,908 | €685,255 | -€13,653 | -2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €688,908 | €675,255 | -€13,653 | -2.0% |
| Distributable reserves | 133 | €688,908 | €675,255 | -€13,653 | -2.0% |
| Amounts payable | 17/49 | €502,288 | €551,116 | +€48,828 | +9.7% |
| Amounts payable after more than one year | 17 | €100,000 | €99,488 | -€512 | -0.5% |
| Financial debts | 170/4 | €100,000 | €99,488 | -€512 | -0.5% |
| Amounts payable within one year | 42/48 | €402,288 | €451,628 | +€49,340 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €63,912 | +€13,912 | +27.8% |
| Financial debts | 43 | €100,680 | €50,418 | -€50,262 | -49.9% |
| Other loans | 439 | €100,680 | €50,418 | -€50,262 | -49.9% |
| Trade debts | 44 | €13,446 | €32,046 | +€18,599 | +138.3% |
| Suppliers | 440/4 | €13,446 | €32,046 | +€18,599 | +138.3% |
| Taxes, remuneration and social security | 45 | €16,008 | €43,957 | +€27,949 | +174.6% |
| Taxes | 450/3 | €16,008 | €43,957 | +€27,949 | +174.6% |
| Other amounts payable | 47/48 | €222,154 | €261,295 | +€39,142 | +17.6% |
| Remuneration, social security and pensions | 62 | - | €9,262 | +€9,262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,278 | €17,284 | +€12,006 | +227.5% |
| Other operating charges | 640/8 | €24,682 | €26,913 | +€2,231 | +9.0% |
| Gross operating margin | 9900 | €584,359 | €518,256 | -€66,104 | -11.3% |
| Operating profit (loss) | 9901 | €554,399 | €464,796 | -€89,603 | -16.2% |
| Financial income | 75/76B | €44,788 | €67,952 | +€23,164 | +51.7% |
| Recurring financial income | 75 | €44,788 | €67,952 | +€23,164 | +51.7% |
| Financial charges | 65/66B | €21,717 | €20,020 | -€1,697 | -7.8% |
| Recurring financial charges | 65 | €21,717 | €20,020 | -€1,697 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €577,471 | €512,728 | -€64,743 | -11.2% |
| Income taxes | 67/77 | €144,440 | €126,381 | -€18,059 | -12.5% |
| Profit (loss) for the period | 9904 | €433,030 | €386,347 | -€46,684 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €433,030 | €386,347 | -€46,684 | -10.8% |
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.