TECHNIK CENTER EIFEL: 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.
TECHNIK CENTER EIFEL
Largest movements
- Stocks and contracts +€165,569
up €165,569 (+37.2%), from €444,723 to €610,292
of which Contracts in progress: +€203,913
- Receivables within one year -€131,966
down €131,966 (-20.6%), from €639,789 to €507,822
of which Trade receivables: -€80,237
- Cash +€76,565
up €76,565 (+24.0%), from €318,806 to €395,371
mainly Net result for the year (+€185,556) and Receivables within one year (+€131,966)
- Reserves +€185,500
up €185,500 (+32.4%), from €572,250 to €757,750
of which Distributable reserves: +€185,500
- Current portion of long-term debt -€152,552
down €152,552 (-65.0%), from €234,814 to €82,263
- Trade debts +€71,164
up €71,164 (+652.3%), from €10,909 to €82,074
- Tax, wage and social debts +€49,390
up €49,390 (+25.9%), from €190,965 to €240,355
of which Taxes: +€52,065
- Other debts -€26,971
down €26,971 (-7.5%), from €357,242 to €330,270
- Gross operating margin -€189,686
down €189,686 (-38.1%), from €497,388 to €307,702
- Taxes -€99,982
down €99,982 (-58.8%), from €170,120 to €70,139
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.
Cash bridge derived
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 | €1,506,075 | €1,626,005 | +€119,929 | +8.0% |
| Fixed assets | 21/28 | €99,001 | €108,457 | +€9,456 | +9.6% |
| Tangible fixed assets | 22/27 | €99,001 | €108,457 | +€9,456 | +9.6% |
| Land and buildings | 22 | €60,765 | €76,127 | +€15,363 | +25.3% |
| Plant, machinery and equipment | 23 | €18,724 | €15,342 | -€3,382 | -18.1% |
| Furniture and vehicles | 24 | €19,512 | €16,988 | -€2,524 | -12.9% |
| Current assets | 29/58 | €1,407,075 | €1,517,547 | +€110,473 | +7.9% |
| Stocks and contracts in progress | 3 | €444,723 | €610,292 | +€165,569 | +37.2% |
| Stocks | 30/36 | €378,727 | €340,383 | -€38,344 | -10.1% |
| Contracts in progress | 37 | €65,996 | €269,909 | +€203,913 | +309.0% |
| Amounts receivable within one year | 40/41 | €639,789 | €507,822 | -€131,966 | -20.6% |
| Trade receivables | 40 | €588,059 | €507,822 | -€80,237 | -13.6% |
| Other amounts receivable | 41 | €51,729 | - | -€51,729 | |
| Cash at bank and in hand | 54/58 | €318,806 | €395,371 | +€76,565 | +24.0% |
| Deferred charges and accrued income | 490/1 | €3,757 | €4,063 | +€306 | +8.1% |
| Total equity and liabilities | 10/49 | €1,506,075 | €1,626,005 | +€119,929 | +8.0% |
| Equity | 10/15 | €624,305 | €810,414 | +€186,109 | +29.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €572,250 | €757,750 | +€185,500 | +32.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €567,250 | €752,750 | +€185,500 | +32.7% |
| Profit (loss) carried forward | 14 | €2,055 | €2,664 | +€609 | +29.6% |
| Provisions and deferred taxes | 16 | €80,629 | €80,629 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €80,629 | €80,629 | = | 0.0% |
| Other liabilities and charges | 164/5 | €80,629 | €80,629 | = | 0.0% |
| Amounts payable | 17/49 | €801,141 | €734,962 | -€66,180 | -8.3% |
| Amounts payable after more than one year | 17 | €7,200 | - | -€7,200 | |
| Financial debts | 170/4 | €7,200 | - | -€7,200 | |
| Amounts payable within one year | 42/48 | €793,930 | €734,962 | -€58,969 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €234,814 | €82,263 | -€152,552 | -65.0% |
| Trade debts | 44 | €10,909 | €82,074 | +€71,164 | +652.3% |
| Suppliers | 440/4 | €10,909 | €82,074 | +€71,164 | +652.3% |
| Taxes, remuneration and social security | 45 | €190,965 | €240,355 | +€49,390 | +25.9% |
| Taxes | 450/3 | €185,675 | €237,740 | +€52,065 | +28.0% |
| Remuneration and social security | 454/9 | €5,291 | €2,615 | -€2,675 | -50.6% |
| Other amounts payable | 47/48 | €357,242 | €330,270 | -€26,971 | -7.5% |
| Accrued charges and deferred income | 492/3 | €11 | - | -€11 | |
| Remuneration, social security and pensions | 62 | €15,389 | €18,443 | +€3,053 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,873 | €22,398 | +€3,525 | +18.7% |
| Other operating charges | 640/8 | €1,933 | €1,640 | -€293 | -15.2% |
| Gross operating margin | 9900 | €497,388 | €307,702 | -€189,686 | -38.1% |
| Operating profit (loss) | 9901 | €461,193 | €265,222 | -€195,971 | -42.5% |
| Financial income | 75/76B | €1,273 | €862 | -€411 | -32.3% |
| Recurring financial income | 75 | €1,273 | €862 | -€411 | -32.3% |
| Financial charges | 65/66B | €6,976 | €10,389 | +€3,413 | +48.9% |
| Recurring financial charges | 65 | €6,976 | €10,389 | +€3,413 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €455,490 | €255,695 | -€199,795 | -43.9% |
| Income taxes | 67/77 | €170,120 | €70,139 | -€99,982 | -58.8% |
| Profit (loss) for the period | 9904 | €285,370 | €185,556 | -€99,813 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €285,370 | €185,556 | -€99,813 | -35.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.