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TECHNITANK: 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.

What changed

TECHNITANK

BE 0744.733.237
NACE 33.120, Repair and maintenance of machinery
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€23,922
2023 · -€678+€24,600
Equity
€87,255
2023 · €63,333+€23,922
Cash
€52,078
2023 · €15,028+€37,049
Balance sheet total
€177,350
2023 · €140,045+€37,304

Largest movements

2023 to 2024
Assets
  • Cash +€37,049

    up €37,049 (+246.5%), from €15,028 to €52,078

    mainly Depreciation (+€29,403) and Net result for the year (+€23,922)

  • Tangible fixed assets -€18,127

    down €18,127 (-32.2%), from €56,323 to €38,196

    of which Furniture and vehicles: -€18,196

  • Receivables within one year +€10,197

    up €10,197 (+18.1%), from €56,306 to €66,503

    of which Trade receivables: +€24,183

  • Deferred charges and accrued income +€8,185

    up €8,185 (+2111.1%), from €388 to €8,573

Equity and liabilities
  • Profit (loss) carried forward +€23,922

    up €23,922 (+49.5%), from €48,333 to €72,255

  • Other debts +€12,295

    up €12,295 (+170.4%), from €7,213 to €19,508

  • Debts after one year -€7,776

    down €7,776 (-52.1%), from €14,928 to €7,152

  • Trade debts +€5,253

    up €5,253 (+11.1%), from €47,283 to €52,536

  • Tax, wage and social debts +€3,611

    up €3,611 (+49.5%), from €7,289 to €10,900

    of which Taxes: +€5,713

Income statement
  • Gross operating margin +€30,525

    up €30,525 (+98.6%), from €30,963 to €61,488

  • Taxes +€5,713

    new in 2024: €5,713

  • Other operating charges +€1,376

    up €1,376 (+160.7%), from €856 to €2,233

  • Depreciation -€798

    down €798 (-2.6%), from €30,201 to €29,403

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€678
Gross operating margin +€30,525
Depreciation +€798
Other operating charges -€1,376
Financial income +€21
Financial charges +€345
Taxes -€5,713
Result 2024 €23,922

Cash bridge derived

cash 2023 to 2024

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.

From operations +€56,102
Investment -€11,276
Financing -€7,776
Cash 2023 €15,028
Net result for the year +€23,922
Depreciation +€29,403
Receivables within one year -€10,197
Deferred charges and accrued income -€8,185
Trade debts +€5,253
Tax, wage and social debts +€3,611
Other debts +€12,295
Investment in fixed assets (net) -€11,276
Debts after one year -€7,776
Cash 2024 €52,078
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €140,045 €177,350 +€37,304 +26.6%
Fixed assets 21/28 €56,323 €38,196 -€18,127 -32.2%
Tangible fixed assets 22/27 €56,323 €38,196 -€18,127 -32.2%
Plant, machinery and equipment 23 €18,012 €18,080 +€69 +0.4%
Furniture and vehicles 24 €38,312 €20,116 -€18,196 -47.5%
Current assets 29/58 €83,722 €139,154 +€55,431 +66.2%
Stocks and contracts in progress 3 €12,000 €12,000 = 0.0%
Stocks 30/36 €12,000 €12,000 = 0.0%
Amounts receivable within one year 40/41 €56,306 €66,503 +€10,197 +18.1%
Trade receivables 40 €38,225 €62,407 +€24,183 +63.3%
Other amounts receivable 41 €18,081 €4,095 -€13,986 -77.4%
Cash at bank and in hand 54/58 €15,028 €52,078 +€37,049 +246.5%
Deferred charges and accrued income 490/1 €388 €8,573 +€8,185 +2111.1%
Total equity and liabilities 10/49 €140,045 €177,350 +€37,304 +26.6%
Equity 10/15 €63,333 €87,255 +€23,922 +37.8%
Contributions 10/11 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 €48,333 €72,255 +€23,922 +49.5%
Amounts payable 17/49 €76,713 €90,095 +€13,382 +17.4%
Amounts payable after more than one year 17 €14,928 €7,152 -€7,776 -52.1%
Financial debts 170/4 €14,928 €7,152 -€7,776 -52.1%
Amounts payable within one year 42/48 €61,785 €82,943 +€21,158 +34.2%
Trade debts 44 €47,283 €52,536 +€5,253 +11.1%
Suppliers 440/4 €47,283 €52,536 +€5,253 +11.1%
Taxes, remuneration and social security 45 €7,289 €10,900 +€3,611 +49.5%
Taxes 450/3 €5,187 €10,900 +€5,713 +110.1%
Remuneration and social security 454/9 €2,101 - -€2,101
Other amounts payable 47/48 €7,213 €19,508 +€12,295 +170.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €30,201 €29,403 -€798 -2.6%
Other operating charges 640/8 €856 €2,233 +€1,376 +160.7%
Gross operating margin 9900 €30,963 €61,488 +€30,525 +98.6%
Operating profit (loss) 9901 -€94 €29,852 +€29,947
Financial income 75/76B €2 €23 +€21 +1093.2%
Recurring financial income 75 €2 €23 +€21 +1093.2%
Financial charges 65/66B €586 €240 -€345 -59.0%
Recurring financial charges 65 €586 €240 -€345 -59.0%
Profit (loss) for the period before taxes 9903 -€678 €29,635 +€30,313
Income taxes 67/77 - €5,713 +€5,713
Profit (loss) for the period 9904 -€678 €23,922 +€24,600
Profit (loss) for the period to be appropriated 9905 -€678 €23,922 +€24,600

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 28 September 2026 via checked.be.