TechniMac: 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.
TechniMac
Largest movements
- Cash +€169,916
up €169,916 (+138.4%), from €122,729 to €292,645
mainly Receivables within one year (+€120,968) and Net result for the year (+€112,207)
- Receivables within one year -€120,968
down €120,968 (-63.6%), from €190,152 to €69,184
of which Trade receivables: -€124,526
- Stocks and contracts +€95,000
up €95,000 (+88.0%), from €108,000 to €203,000
- Tangible fixed assets -€30,635
down €30,635 (-27.4%), from €111,738 to €81,103
of which Furniture and vehicles: -€32,590
- Deferred charges and accrued income +€7,279
up €7,279 (+1665.6%), from €437 to €7,716
- Profit (loss) carried forward +€112,207
up €112,207 (+42.6%), from €263,265 to €375,472
- Trade debts -€55,568
down €55,568 (-60.5%), from €91,824 to €36,256
- Debts after one year +€23,198
up €23,198 (+62.2%), from €37,307 to €60,505
- Advances received +€20,000
new in 2025: €20,000
- Tax, wage and social debts +€13,386
up €13,386 (+52.0%), from €25,757 to €39,142
of which Remuneration and social security: +€11,617
- Staff costs +€64,052
up €64,052 (+281.2%), from €22,777 to €86,829
- Taxes -€22,557
down €22,557 (-44.1%), from €51,208 to €28,651
- Gross operating margin -€20,579
down €20,579 (-7.1%), from €291,733 to €271,154
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 | €534,216 | €654,507 | +€120,291 | +22.5% |
| Fixed assets | 21/28 | €112,898 | €81,962 | -€30,935 | -27.4% |
| Intangible fixed assets | 21 | €900 | €600 | -€300 | -33.3% |
| Tangible fixed assets | 22/27 | €111,738 | €81,103 | -€30,635 | -27.4% |
| Plant, machinery and equipment | 23 | €17,184 | €20,250 | +€3,066 | +17.8% |
| Furniture and vehicles | 24 | €86,777 | €54,186 | -€32,590 | -37.6% |
| Other tangible fixed assets | 26 | €7,778 | €6,667 | -€1,111 | -14.3% |
| Financial fixed assets | 28 | €259 | €259 | = | 0.0% |
| Current assets | 29/58 | €421,318 | €572,545 | +€151,227 | +35.9% |
| Stocks and contracts in progress | 3 | €108,000 | €203,000 | +€95,000 | +88.0% |
| Stocks | 30/36 | €108,000 | €203,000 | +€95,000 | +88.0% |
| Amounts receivable within one year | 40/41 | €190,152 | €69,184 | -€120,968 | -63.6% |
| Trade receivables | 40 | €186,360 | €61,834 | -€124,526 | -66.8% |
| Other amounts receivable | 41 | €3,792 | €7,349 | +€3,557 | +93.8% |
| Cash at bank and in hand | 54/58 | €122,729 | €292,645 | +€169,916 | +138.4% |
| Deferred charges and accrued income | 490/1 | €437 | €7,716 | +€7,279 | +1665.6% |
| Total equity and liabilities | 10/49 | €534,216 | €654,507 | +€120,291 | +22.5% |
| Equity | 10/15 | €283,265 | €395,472 | +€112,207 | +39.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €263,265 | €375,472 | +€112,207 | +42.6% |
| Amounts payable | 17/49 | €250,951 | €259,035 | +€8,084 | +3.2% |
| Amounts payable after more than one year | 17 | €37,307 | €60,505 | +€23,198 | +62.2% |
| Financial debts | 170/4 | €37,307 | €60,505 | +€23,198 | +62.2% |
| Amounts payable within one year | 42/48 | €207,876 | €193,289 | -€14,586 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €17,997 | €22,129 | +€4,132 | +23.0% |
| Trade debts | 44 | €91,824 | €36,256 | -€55,568 | -60.5% |
| Suppliers | 440/4 | €91,824 | €36,256 | -€55,568 | -60.5% |
| Advances received on contracts in progress | 46 | - | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | €25,757 | €39,142 | +€13,386 | +52.0% |
| Taxes | 450/3 | €20,800 | €22,568 | +€1,769 | +8.5% |
| Remuneration and social security | 454/9 | €4,957 | €16,574 | +€11,617 | +234.4% |
| Other amounts payable | 47/48 | €72,298 | €75,762 | +€3,464 | +4.8% |
| Accrued charges and deferred income | 492/3 | €5,769 | €5,241 | -€527 | -9.1% |
| Non-recurring operating income | 76A | €0 | €8,485 | +€8,485 | |
| Remuneration, social security and pensions | 62 | €22,777 | €86,829 | +€64,052 | +281.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,496 | €33,726 | +€1,230 | +3.8% |
| Other operating charges | 640/8 | €1,006 | €950 | -€56 | -5.6% |
| Non-recurring operating charges | 66A | €2,767 | €0 | -€2,767 | -100.0% |
| Gross operating margin | 9900 | €291,733 | €271,154 | -€20,579 | -7.1% |
| Operating profit (loss) | 9901 | €232,686 | €149,648 | -€83,038 | -35.7% |
| Financial income | 75/76B | - | €55 | +€55 | |
| Recurring financial income | 75 | - | €55 | +€55 | |
| Financial charges | 65/66B | €10,502 | €8,846 | -€1,657 | -15.8% |
| Recurring financial charges | 65 | €10,502 | €8,846 | -€1,657 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €222,184 | €140,857 | -€81,327 | -36.6% |
| Income taxes | 67/77 | €51,208 | €28,651 | -€22,557 | -44.1% |
| Profit (loss) for the period | 9904 | €170,976 | €112,207 | -€58,769 | -34.4% |
| Profit (loss) for the period to be appropriated | 9905 | €170,976 | €112,207 | -€58,769 | -34.4% |
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 7 October 2026 via checked.be.