TECHNIFIN: 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.
TECHNIFIN
Largest movements
- Cash +€10,482
up €10,482 (+110%), from €9,527 to €20,009
mainly Other debts (+€16,106) and Tax, wage and social debts (+€6,447)
- Receivables within one year -€6,100
no longer reported in 2025 (was €6,100)
- Other debts +€16,106
up €16,106 (+10.4%), from €155,101 to €171,207
- Current portion of long-term debt -€13,972
down €13,972 (-68.4%), from €20,420 to €6,447
- Debts after one year -€6,447
no longer reported in 2025 (was €6,447)
- Tax, wage and social debts +€6,447
up €6,447 (+32.7%), from €19,728 to €26,175
of which Remuneration and social security: +€10,700
- Gross operating margin -€12,703
down €12,703 (-84.4%), from €15,058 to €2,355
- Taxes -€3,335
down €3,335 (-85.2%), from €3,914 to €579
- Financial charges -€307
down €307 (-14.0%), from €2,197 to €1,890
- Depreciation +€220
up €220 (+66.7%), from €330 to €550
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.
Derived cash bridge
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 | €252,409 | €254,081 | +€1,672 | +0.7% |
| Fixed assets | 21/28 | €230,666 | €230,116 | -€550 | -0.2% |
| Tangible fixed assets | 22/27 | €666 | €116 | -€550 | -82.6% |
| Furniture and vehicles | 24 | €666 | €116 | -€550 | -82.6% |
| Financial fixed assets | 28 | €230,000 | €230,000 | = | 0.0% |
| Current assets | 29/58 | €21,743 | €23,965 | +€2,222 | +10.2% |
| Amounts receivable within one year | 40/41 | €6,100 | - | -€6,100 | |
| Trade receivables | 40 | €6,100 | - | -€6,100 | |
| Cash at bank and in hand | 54/58 | €9,527 | €20,009 | +€10,482 | +110% |
| Deferred charges and accrued income | 490/1 | €6,116 | €3,957 | -€2,159 | -35.3% |
| Total equity and liabilities | 10/49 | €252,409 | €254,081 | +€1,672 | +0.7% |
| Equity | 10/15 | €48,469 | €48,370 | -€99 | -0.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,469 | €42,370 | -€99 | -0.2% |
| Amounts payable | 17/49 | €203,941 | €205,712 | +€1,771 | +0.9% |
| Amounts payable after more than one year | 17 | €6,447 | - | -€6,447 | |
| Financial debts | 170/4 | €6,447 | - | -€6,447 | |
| Amounts payable within one year | 42/48 | €196,220 | €204,454 | +€8,234 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €20,420 | €6,447 | -€13,972 | -68.4% |
| Trade debts | 44 | €971 | €625 | -€346 | -35.6% |
| Suppliers | 440/4 | €971 | €625 | -€346 | -35.6% |
| Taxes, remuneration and social security | 45 | €19,728 | €26,175 | +€6,447 | +32.7% |
| Taxes | 450/3 | €19,728 | €15,475 | -€4,253 | -21.6% |
| Remuneration and social security | 454/9 | - | €10,700 | +€10,700 | |
| Other amounts payable | 47/48 | €155,101 | €171,207 | +€16,106 | +10.4% |
| Accrued charges and deferred income | 492/3 | €1,274 | €1,258 | -€16 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €550 | +€220 | +66.7% |
| Other operating charges | 640/8 | - | €68 | +€68 | |
| Gross operating margin | 9900 | €15,058 | €2,355 | -€12,703 | -84.4% |
| Operating profit (loss) | 9901 | €14,728 | €1,737 | -€12,991 | -88.2% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €2,197 | €1,890 | -€307 | -14.0% |
| Recurring financial charges | 65 | €2,197 | €1,890 | -€307 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €12,547 | -€153 | -€12,700 | |
| Income taxes | 67/77 | €3,914 | €579 | -€3,335 | -85.2% |
| Profit (loss) for the period | 9904 | €8,633 | -€732 | -€9,365 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,633 | -€732 | -€9,365 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.