TECHNITOITURE: 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.
TECHNITOITURE
Largest movements
- Cash +€344,270
up €344,270 (+30.0%), from €1.1m to €1.5m
mainly Other debts (+€434,277) and Net result for the year (+€377,709)
- Receivables within one year -€59,213
down €59,213 (-11.2%), from €527,338 to €468,125
of which Trade receivables: -€61,023
- Other debts +€434,277
up €434,277 (+45002.8%), from €965 to €435,242
- Reserves -€87,280
down €87,280 (-6.1%), from €1.4m to €1.3m
- Advances received -€46,430
down €46,430 (-81.1%), from €57,265 to €10,835
- Current portion of long-term debt +€32,627
up €32,627 (+31.1%), from €105,061 to €137,688
- Tax, wage and social debts -€30,300
down €30,300 (-25.8%), from €117,552 to €87,252
of which Taxes: -€29,401
- Turnover -€174,959
down €174,959 (-7.7%), from €2.3m to €2.1m
- Purchases and services -€88,984
down €88,984 (-8.2%), from €1.1m to €990,753
- Gross operating margin -€66,852
down €66,852 (-5.4%), from €1.2m to €1.2m
- Depreciation +€32,198
up €32,198 (+80.4%), from €40,050 to €72,248
- Taxes -€29,055
down €29,055 (-14.8%), from €196,761 to €167,706
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 | €2,073,137 | €2,366,927 | +€293,790 | +14.2% |
| Fixed assets | 21/28 | €378,050 | €387,087 | +€9,037 | +2.4% |
| Tangible fixed assets | 22/27 | €378,050 | €387,087 | +€9,037 | +2.4% |
| Land and buildings | 22 | €185,879 | €173,445 | -€12,434 | -6.7% |
| Plant, machinery and equipment | 23 | €4,288 | €20,474 | +€16,186 | +377.5% |
| Furniture and vehicles | 24 | €187,883 | €193,168 | +€5,285 | +2.8% |
| Current assets | 29/58 | €1,695,087 | €1,979,840 | +€284,753 | +16.8% |
| Stocks and contracts in progress | 3 | €1,677 | €3,058 | +€1,381 | +82.3% |
| Stocks | 30/36 | €1,677 | €3,058 | +€1,381 | +82.3% |
| Amounts receivable within one year | 40/41 | €527,338 | €468,125 | -€59,213 | -11.2% |
| Trade receivables | 40 | €92,545 | €31,522 | -€61,023 | -65.9% |
| Other amounts receivable | 41 | €434,793 | €436,603 | +€1,810 | +0.4% |
| Cash at bank and in hand | 54/58 | €1,147,848 | €1,492,118 | +€344,270 | +30.0% |
| Deferred charges and accrued income | 490/1 | €18,224 | €16,539 | -€1,685 | -9.2% |
| Total equity and liabilities | 10/49 | €2,073,137 | €2,366,927 | +€293,790 | +14.2% |
| Equity | 10/15 | €1,448,950 | €1,360,457 | -€88,493 | -6.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €1,421,490 | €1,334,210 | -€87,280 | -6.1% |
| Distributable reserves | 133 | €1,421,490 | €1,334,210 | -€87,280 | -6.1% |
| Investment grants | 15 | €19,400 | €18,187 | -€1,213 | -6.3% |
| Provisions and deferred taxes | 16 | €94,377 | €85,822 | -€8,555 | -9.1% |
| Provisions for liabilities and charges | 160/5 | €94,377 | €85,822 | -€8,555 | -9.1% |
| Other liabilities and charges | 164/5 | €94,377 | €85,822 | -€8,555 | -9.1% |
| Amounts payable | 17/49 | €529,810 | €920,648 | +€390,838 | +73.8% |
| Amounts payable after more than one year | 17 | €237,761 | €236,793 | -€968 | -0.4% |
| Financial debts | 170/4 | €237,761 | €236,793 | -€968 | -0.4% |
| Amounts payable within one year | 42/48 | €292,049 | €683,855 | +€391,806 | +134.2% |
| Current portion of amounts payable after more than one year | 42 | €105,061 | €137,688 | +€32,627 | +31.1% |
| Trade debts | 44 | €11,206 | €12,838 | +€1,632 | +14.6% |
| Suppliers | 440/4 | €11,206 | €12,838 | +€1,632 | +14.6% |
| Advances received on contracts in progress | 46 | €57,265 | €10,835 | -€46,430 | -81.1% |
| Taxes, remuneration and social security | 45 | €117,552 | €87,252 | -€30,300 | -25.8% |
| Taxes | 450/3 | €105,280 | €75,879 | -€29,401 | -27.9% |
| Remuneration and social security | 454/9 | €12,272 | €11,373 | -€899 | -7.3% |
| Other amounts payable | 47/48 | €965 | €435,242 | +€434,277 | +45002.8% |
| Turnover | 70 | €2,284,168 | €2,109,209 | -€174,959 | -7.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,079,737 | €990,753 | -€88,984 | -8.2% |
| Remuneration, social security and pensions | 62 | €552,594 | €569,009 | +€16,415 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,050 | €72,248 | +€32,198 | +80.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €2,444 | -€8,554 | -€10,998 | |
| Other operating charges | 640/8 | €38,911 | €10,122 | -€28,789 | -74.0% |
| Gross operating margin | 9900 | €1,246,529 | €1,179,677 | -€66,852 | -5.4% |
| Operating profit (loss) | 9901 | €612,530 | €536,852 | -€75,678 | -12.4% |
| Financial income | 75/76B | €19,028 | €19,005 | -€23 | -0.1% |
| Recurring financial income | 75 | €19,028 | €19,005 | -€23 | -0.1% |
| Financial charges | 65/66B | €11,375 | €10,442 | -€933 | -8.2% |
| Recurring financial charges | 65 | €11,375 | €10,442 | -€933 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €620,183 | €545,415 | -€74,768 | -12.1% |
| Income taxes | 67/77 | €196,761 | €167,706 | -€29,055 | -14.8% |
| Profit (loss) for the period | 9904 | €423,422 | €377,709 | -€45,713 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €423,422 | €377,709 | -€45,713 | -10.8% |
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 10 October 2026 via checked.be.