TECHNITEX: 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.
TECHNITEX
Largest movements
- Current assets -€5,520
down €5,520 (-1.8%), from €314,759 to €309,239
of which Cash: -€32,742
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€331,474
down €331,474, from €329,401 to -€2,074
- Taxes -€50,103
no longer reported in 2020 (was €50,103)
From the 2019 result to the 2020 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 | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €415,394 | €409,874 | -€5,520 | -1.3% |
| Fixed assets | 21/28 | €100,634 | €100,634 | = | 0.0% |
| Financial fixed assets | 28 | €100,634 | €100,634 | = | 0.0% |
| Current assets | 29/58 | €314,759 | €309,239 | -€5,520 | -1.8% |
| Amounts receivable within one year | 40/41 | €7,300 | €6,518 | -€781 | -10.7% |
| Cash at bank and in hand | 54/58 | €307,460 | €274,718 | -€32,742 | -10.6% |
| Total equity and liabilities | 10/49 | €415,394 | €409,874 | -€5,520 | -1.3% |
| Equity | 10/15 | €409,715 | €407,537 | -€2,178 | -0.5% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €195,242 | €195,242 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,275 | €206,097 | -€2,178 | -1.0% |
| Amounts payable | 17/49 | €5,679 | €2,337 | -€3,342 | -58.9% |
| Amounts payable within one year | 42/48 | €5,679 | €2,337 | -€3,342 | -58.9% |
| Trade debts | 44 | €437 | €2,337 | +€1,899 | +434% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Gross operating margin | 9900 | €329,401 | -€2,074 | -€331,474 | |
| Operating profit (loss) | 9901 | €326,986 | -€2,541 | -€329,526 | |
| Recurring financial income | 75 | €453 | €363 | -€90 | -19.9% |
| Recurring financial charges | 65 | €96 | - | -€96 | |
| Profit (loss) for the period before taxes | 9903 | €327,343 | -€2,178 | -€329,521 | |
| Income taxes | 67/77 | €50,103 | - | -€50,103 | |
| Profit (loss) for the period | 9904 | €277,240 | -€2,178 | -€279,418 | |
| Profit (loss) for the period to be appropriated | 9905 | €277,240 | -€2,178 | -€279,418 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.