TECHNIWOOD: 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.
TECHNIWOOD
Largest movements
- Receivables within one year -€65,653
down €65,653 (-58.4%), from €112,344 to €46,691
of which Trade receivables: -€65,500
- Stocks and contracts -€10,560
no longer reported in 2025 (was €10,560)
- Cash -€7,497
down €7,497 (-85.7%), from €8,745 to €1,248
mainly Accrued charges and deferred income (-€75,000) and Other debts (-€14,890)
- Accrued charges and deferred income -€75,000
no longer reported in 2025 (was €75,000)
- Other debts -€14,890
down €14,890 (-76.9%), from €19,359 to €4,469
- Trade debts +€11,071
up €11,071 (+249%), from €4,444 to €15,515
- Debts after one year -€6,283
down €6,283 (-66.1%), from €9,500 to €3,217
- Gross operating margin -€9,774
down €9,774 (-80.5%), from €12,147 to €2,372
- Taxes -€2,029
down €2,029 (-92.4%), from €2,195 to €166
- Financial charges -€1,608
down €1,608 (-82.1%), from €1,959 to €351
- Staff costs -€387
down €387 (-67.9%), from €569 to €183
- Other operating charges -€300
down €300 (-42.8%), from €699 to €400
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 | €134,508 | €49,477 | -€85,031 | -63.2% |
| Formation expenses | 20 | €1,253 | €746 | -€507 | -40.4% |
| Fixed assets | 21/28 | €1,199 | €677 | -€522 | -43.5% |
| Intangible fixed assets | 21 | €450 | €250 | -€200 | -44.5% |
| Tangible fixed assets | 22/27 | €749 | €427 | -€322 | -43.0% |
| Plant, machinery and equipment | 23 | €572 | €427 | -€145 | -25.4% |
| Furniture and vehicles | 24 | €177 | - | -€177 | |
| Current assets | 29/58 | €132,056 | €48,053 | -€84,003 | -63.6% |
| Stocks and contracts in progress | 3 | €10,560 | - | -€10,560 | |
| Stocks | 30/36 | €10,560 | - | -€10,560 | |
| Amounts receivable within one year | 40/41 | €112,344 | €46,691 | -€65,653 | -58.4% |
| Trade receivables | 40 | €100,315 | €34,815 | -€65,500 | -65.3% |
| Other amounts receivable | 41 | €12,029 | €11,876 | -€153 | -1.3% |
| Cash at bank and in hand | 54/58 | €8,745 | €1,248 | -€7,497 | -85.7% |
| Deferred charges and accrued income | 490/1 | €407 | €114 | -€292 | -71.9% |
| Total equity and liabilities | 10/49 | €134,508 | €49,477 | -€85,031 | -63.2% |
| Equity | 10/15 | €15,829 | €16,073 | +€245 | +1.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,576 | €5,821 | +€245 | +4.4% |
| Distributable reserves | 133 | €5,576 | €5,821 | +€245 | +4.4% |
| Profit (loss) carried forward | 14 | €253 | €253 | -€0 | 0.0% |
| Amounts payable | 17/49 | €118,679 | €33,403 | -€85,276 | -71.9% |
| Amounts payable after more than one year | 17 | €9,500 | €3,217 | -€6,283 | -66.1% |
| Financial debts | 170/4 | €9,500 | €3,217 | -€6,283 | -66.1% |
| Amounts payable within one year | 42/48 | €34,180 | €30,187 | -€3,993 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €6,089 | €6,283 | +€194 | +3.2% |
| Trade debts | 44 | €4,444 | €15,515 | +€11,071 | +249% |
| Suppliers | 440/4 | €4,444 | €15,515 | +€11,071 | +249% |
| Taxes, remuneration and social security | 45 | €4,288 | €3,921 | -€367 | -8.6% |
| Taxes | 450/3 | €3,488 | €3,921 | +€433 | +12.4% |
| Remuneration and social security | 454/9 | €800 | - | -€800 | |
| Other amounts payable | 47/48 | €19,359 | €4,469 | -€14,890 | -76.9% |
| Accrued charges and deferred income | 492/3 | €75,000 | - | -€75,000 | |
| Remuneration, social security and pensions | 62 | €569 | €183 | -€387 | -67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,149 | €1,028 | -€120 | -10.5% |
| Other operating charges | 640/8 | €699 | €400 | -€300 | -42.8% |
| Gross operating margin | 9900 | €12,147 | €2,372 | -€9,774 | -80.5% |
| Operating profit (loss) | 9901 | €9,729 | €762 | -€8,968 | -92.2% |
| Financial charges | 65/66B | €1,959 | €351 | -€1,608 | -82.1% |
| Recurring financial charges | 65 | €1,959 | €351 | -€1,608 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €7,771 | €411 | -€7,360 | -94.7% |
| Income taxes | 67/77 | €2,195 | €166 | -€2,029 | -92.4% |
| Profit (loss) for the period | 9904 | €5,576 | €245 | -€5,331 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,576 | €245 | -€5,331 | -95.6% |
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 15 October 2026 via checked.be.