Technique du Froid: 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.
Technique du Froid
Largest movements
- Cash -€335,732
down €335,732 (-75.7%), from €443,543 to €107,811
mainly Other debts (-€305,000) and Stocks and contracts (-€239,124)
- Stocks and contracts +€239,124
up €239,124 (+103%), from €231,064 to €470,188
- Receivables within one year -€70,351
down €70,351 (-10.7%), from €659,383 to €589,032
of which Other amounts receivable: -€72,339
- Tangible fixed assets +€46,467
up €46,467 (+4.7%), from €993,654 to €1.0m
of which Furniture and vehicles: +€53,874
- Other debts -€305,000
down €305,000 (-67.8%), from €450,000 to €145,000
- Trade debts +€126,669
up €126,669 (+54.7%), from €231,377 to €358,046
- Tax, wage and social debts -€116,217
down €116,217 (-44.1%), from €263,620 to €147,403
of which Taxes: -€175,401
- Current portion of long-term debt +€102,171
up €102,171 (+72.5%), from €140,992 to €243,162
- Debts after one year +€57,929
up €57,929 (+7.9%), from €736,142 to €794,071
- Turnover -€2.2m
no longer reported in 2025 (was €2.2m)
- Purchases and services -€1.5m
no longer reported in 2025 (was €1.5m)
- Gross operating margin +€353,513
up €353,513 (+35.4%), from €998,982 to €1.4m
- Staff costs +€200,352
up €200,352 (+27.9%), from €719,082 to €919,434
- Taxes +€37,485
up €37,485 (+121%), from €30,855 to €68,340
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 | €2,356,870 | €2,227,038 | -€129,832 | -5.5% |
| Formation expenses | 20 | €501 | €84 | -€417 | -83.3% |
| Fixed assets | 21/28 | €994,150 | €1,040,617 | +€46,467 | +4.7% |
| Tangible fixed assets | 22/27 | €993,654 | €1,040,121 | +€46,467 | +4.7% |
| Land and buildings | 22 | €723,482 | €727,559 | +€4,078 | +0.6% |
| Plant, machinery and equipment | 23 | €61,871 | €53,448 | -€8,423 | -13.6% |
| Furniture and vehicles | 24 | €195,550 | €249,424 | +€53,874 | +27.6% |
| Leasing and similar rights | 25 | €12,000 | €9,057 | -€2,944 | -24.5% |
| Other tangible fixed assets | 26 | €751 | €634 | -€117 | -15.6% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €1,362,220 | €1,186,337 | -€175,883 | -12.9% |
| Stocks and contracts in progress | 3 | €231,064 | €470,188 | +€239,124 | +103% |
| Stocks | 30/36 | €231,064 | €470,188 | +€239,124 | +103% |
| Amounts receivable within one year | 40/41 | €659,383 | €589,032 | -€70,351 | -10.7% |
| Trade receivables | 40 | €83,396 | €85,384 | +€1,988 | +2.4% |
| Other amounts receivable | 41 | €575,987 | €503,648 | -€72,339 | -12.6% |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €443,543 | €107,811 | -€335,732 | -75.7% |
| Deferred charges and accrued income | 490/1 | €28,230 | €19,306 | -€8,924 | -31.6% |
| Total equity and liabilities | 10/49 | €2,356,870 | €2,227,038 | -€129,832 | -5.5% |
| Equity | 10/15 | €528,748 | €529,981 | +€1,233 | +0.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €515,000 | €515,000 | = | 0.0% |
| Distributable reserves | 133 | €515,000 | €515,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,748 | €4,981 | +€1,233 | +32.9% |
| Amounts payable | 17/49 | €1,828,122 | €1,697,057 | -€131,065 | -7.2% |
| Amounts payable after more than one year | 17 | €736,142 | €794,071 | +€57,929 | +7.9% |
| Financial debts | 170/4 | €736,142 | €794,071 | +€57,929 | +7.9% |
| Amounts payable within one year | 42/48 | €1,088,865 | €900,012 | -€188,853 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €140,992 | €243,162 | +€102,171 | +72.5% |
| Trade debts | 44 | €231,377 | €358,046 | +€126,669 | +54.7% |
| Suppliers | 440/4 | €231,377 | €358,046 | +€126,669 | +54.7% |
| Advances received on contracts in progress | 46 | €2,877 | €6,401 | +€3,524 | +123% |
| Taxes, remuneration and social security | 45 | €263,620 | €147,403 | -€116,217 | -44.1% |
| Taxes | 450/3 | €206,805 | €31,404 | -€175,401 | -84.8% |
| Remuneration and social security | 454/9 | €56,815 | €115,999 | +€59,184 | +104% |
| Other amounts payable | 47/48 | €450,000 | €145,000 | -€305,000 | -67.8% |
| Accrued charges and deferred income | 492/3 | €3,114 | €2,973 | -€141 | -4.5% |
| Turnover | 70 | €2,248,926 | - | -€2.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,464,326 | - | -€1.5m | |
| Remuneration, social security and pensions | 62 | €719,082 | €919,434 | +€200,352 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,410 | €145,496 | +€30,086 | +26.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,795 | - | -€25,795 | |
| Other operating charges | 640/8 | €14,334 | €21,262 | +€6,928 | +48.3% |
| Gross operating margin | 9900 | €998,982 | €1,352,495 | +€353,513 | +35.4% |
| Operating profit (loss) | 9901 | €124,362 | €266,303 | +€141,941 | +114% |
| Financial income | 75/76B | €11,649 | €2,042 | -€9,607 | -82.5% |
| Recurring financial income | 75 | €11,649 | €2,042 | -€9,607 | -82.5% |
| Financial charges | 65/66B | €45,348 | €53,772 | +€8,424 | +18.6% |
| Recurring financial charges | 65 | €45,348 | €53,772 | +€8,424 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €90,662 | €214,572 | +€123,910 | +137% |
| Income taxes | 67/77 | €30,855 | €68,340 | +€37,485 | +121% |
| Profit (loss) for the period | 9904 | €59,808 | €146,233 | +€86,425 | +145% |
| Profit (loss) for the period to be appropriated | 9905 | €59,808 | €146,233 | +€86,425 | +145% |
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 1 November 2026 via checked.be.