TECHNIFROID: 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.
TECHNIFROID
Largest movements
- Receivables within one year +€24,598
up €24,598 (+12.6%), from €195,505 to €220,103
of which Other amounts receivable: +€21,825
- Deferred charges and accrued income -€8,857
no longer reported in 2024 (was €8,857)
- Tangible fixed assets -€3,491
down €3,491 (-46.2%), from €7,557 to €4,066
- Short-term financial debts +€17,907
up €17,907 (+1,604%), from €1,117 to €19,023
- Trade debts -€8,944
down €8,944 (-28.9%), from €30,998 to €22,054
- Profit (loss) carried forward +€5,843
up €5,843 (+5.8%), from €100,763 to €106,606
- Debts after one year -€3,075
down €3,075 (-85.6%), from €3,594 to €518
- Taxes -€20,052
down €20,052, from €16,908 to -€3,144
- Gross operating margin -€9,867
down €9,867, from €8,185 to -€1,682
- Financial income +€1,985
up €1,985 (+22.4%), from €8,862 to €10,847
- Financial charges +€755
up €755 (+95.6%), from €790 to €1,545
- Other operating charges -€144
down €144 (-9.1%), from €1,574 to €1,430
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 | €220,338 | €232,588 | +€12,250 | +5.6% |
| Fixed assets | 21/28 | €11,482 | €7,991 | -€3,491 | -30.4% |
| Tangible fixed assets | 22/27 | €7,557 | €4,066 | -€3,491 | -46.2% |
| Furniture and vehicles | 24 | €7,557 | €4,066 | -€3,491 | -46.2% |
| Financial fixed assets | 28 | €3,925 | €3,925 | = | 0.0% |
| Current assets | 29/58 | €208,856 | €224,597 | +€15,741 | +7.5% |
| Stocks and contracts in progress | 3 | €4,494 | €4,494 | = | 0.0% |
| Stocks | 30/36 | €4,494 | €4,494 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €195,505 | €220,103 | +€24,598 | +12.6% |
| Trade receivables | 40 | €26,338 | €29,112 | +€2,773 | +10.5% |
| Other amounts receivable | 41 | €169,166 | €190,991 | +€21,825 | +12.9% |
| Deferred charges and accrued income | 490/1 | €8,857 | - | -€8,857 | |
| Total equity and liabilities | 10/49 | €220,338 | €232,588 | +€12,250 | +5.6% |
| Equity | 10/15 | €157,285 | €163,129 | +€5,843 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €50,323 | €50,323 | = | 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% |
| Tax-exempt reserves | 132 | €42,463 | €42,463 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,763 | €106,606 | +€5,843 | +5.8% |
| Provisions and deferred taxes | 16 | €21,865 | €20,765 | -€1,100 | -5.0% |
| Deferred taxes | 168 | €21,865 | €20,765 | -€1,100 | -5.0% |
| Amounts payable | 17/49 | €41,187 | €48,694 | +€7,507 | +18.2% |
| Amounts payable after more than one year | 17 | €3,594 | €518 | -€3,075 | -85.6% |
| Financial debts | 170/4 | €3,594 | €518 | -€3,075 | -85.6% |
| Amounts payable within one year | 42/48 | €37,594 | €48,176 | +€10,582 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €3,016 | €3,075 | +€59 | +2.0% |
| Financial debts | 43 | €1,117 | €19,023 | +€17,907 | +1,604% |
| Credit institutions | 430/8 | €1,117 | €19,023 | +€17,907 | +1,604% |
| Trade debts | 44 | €30,998 | €22,054 | -€8,944 | -28.9% |
| Suppliers | 440/4 | €30,998 | €22,054 | -€8,944 | -28.9% |
| Advances received on contracts in progress | 46 | €2,275 | €2,275 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €188 | €1,749 | +€1,561 | +832% |
| Taxes | 450/3 | €188 | €1,749 | +€1,561 | +832% |
| Non-recurring operating income | 76A | €293 | €363 | +€70 | +23.9% |
| Remuneration, social security and pensions | 62 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,491 | €3,491 | = | 0.0% |
| Other operating charges | 640/8 | €1,574 | €1,430 | -€144 | -9.1% |
| Gross operating margin | 9900 | €8,185 | -€1,682 | -€9,867 | |
| Operating profit (loss) | 9901 | €3,074 | -€6,603 | -€9,678 | |
| Financial income | 75/76B | €8,862 | €10,847 | +€1,985 | +22.4% |
| Recurring financial income | 75 | €8,862 | €10,847 | +€1,985 | +22.4% |
| Financial charges | 65/66B | €790 | €1,545 | +€755 | +95.6% |
| Recurring financial charges | 65 | €790 | €1,545 | +€755 | +95.6% |
| Profit (loss) for the period before taxes | 9903 | €11,147 | €2,699 | -€8,448 | -75.8% |
| Income taxes | 67/77 | €16,908 | -€3,144 | -€20,052 | |
| Profit (loss) for the period | 9904 | -€5,761 | €5,843 | +€11,605 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,761 | €5,843 | +€11,605 |
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 18 October 2026 via checked.be.