TECHNO DECO: 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.
TECHNO DECO
Largest movements
- Receivables within one year -€28,689
down €28,689 (-28.6%), from €100,276 to €71,587
of which Other amounts receivable: -€60,382
- Tangible fixed assets +€8,088
up €8,088 (+4.8%), from €169,631 to €177,718
of which Land and buildings: +€19,663
- Deferred charges and accrued income +€4,363
up €4,363 (+44.1%), from €9,905 to €14,268
- Trade debts -€25,598
down €25,598 (-42.4%), from €60,321 to €34,722
- Current portion of long-term debt +€12,371
up €12,371 (+277.4%), from €4,460 to €16,830
- Other debts -€3,598
down €3,598 (-47.8%), from €7,527 to €3,929
- Gross operating margin -€6,511
down €6,511 (-16.4%), from €39,789 to €33,278
- Financial charges -€5,293
down €5,293 (-55.3%), from €9,566 to €4,273
- Depreciation -€3,716
down €3,716 (-13.0%), from €28,484 to €24,768
- Taxes +€729
up €729 (+73.5%), from €992 to €1,721
- Other operating charges +€545
up €545 (+23.6%), from €2,309 to €2,854
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,885 | €279,796 | -€16,089 | -5.4% |
| Fixed assets | 21/28 | €169,833 | €178,535 | +€8,702 | +5.1% |
| Tangible fixed assets | 22/27 | €169,631 | €177,718 | +€8,088 | +4.8% |
| Land and buildings | 22 | €138,954 | €158,618 | +€19,663 | +14.2% |
| Plant, machinery and equipment | 23 | €26,973 | €16,623 | -€10,349 | -38.4% |
| Furniture and vehicles | 24 | €3,704 | €2,477 | -€1,226 | -33.1% |
| Financial fixed assets | 28 | €203 | €817 | +€614 | +302.7% |
| Current assets | 29/58 | €126,051 | €101,260 | -€24,791 | -19.7% |
| Stocks and contracts in progress | 3 | €12,500 | €12,500 | = | 0.0% |
| Stocks | 30/36 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,276 | €71,587 | -€28,689 | -28.6% |
| Trade receivables | 40 | €36,410 | €68,102 | +€31,693 | +87.0% |
| Other amounts receivable | 41 | €63,866 | €3,485 | -€60,382 | -94.5% |
| Cash at bank and in hand | 54/58 | €3,370 | €2,905 | -€465 | -13.8% |
| Deferred charges and accrued income | 490/1 | €9,905 | €14,268 | +€4,363 | +44.1% |
| Total equity and liabilities | 10/49 | €295,885 | €279,796 | -€16,089 | -5.4% |
| Equity | 10/15 | €35,410 | €34,954 | -€456 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,442 | €10,442 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,582 | €8,582 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,768 | €18,312 | -€456 | -2.4% |
| Amounts payable | 17/49 | €260,474 | €244,842 | -€15,633 | -6.0% |
| Amounts payable after more than one year | 17 | €186,533 | €185,976 | -€557 | -0.3% |
| Financial debts | 170/4 | €186,533 | €185,976 | -€557 | -0.3% |
| Amounts payable within one year | 42/48 | €73,941 | €58,866 | -€15,076 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €4,460 | €16,830 | +€12,371 | +277.4% |
| Trade debts | 44 | €60,321 | €34,722 | -€25,598 | -42.4% |
| Suppliers | 440/4 | €60,321 | €34,722 | -€25,598 | -42.4% |
| Taxes, remuneration and social security | 45 | €1,634 | €3,384 | +€1,750 | +107.1% |
| Taxes | 450/3 | €1,514 | €3,384 | +€1,870 | +123.5% |
| Remuneration and social security | 454/9 | €120 | - | -€120 | |
| Other amounts payable | 47/48 | €7,527 | €3,929 | -€3,598 | -47.8% |
| Remuneration, social security and pensions | 62 | €560 | €214 | -€347 | -61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,484 | €24,768 | -€3,716 | -13.0% |
| Other operating charges | 640/8 | €2,309 | €2,854 | +€545 | +23.6% |
| Gross operating margin | 9900 | €39,789 | €33,278 | -€6,511 | -16.4% |
| Operating profit (loss) | 9901 | €8,435 | €5,441 | -€2,993 | -35.5% |
| Financial income | 75/76B | €358 | €97 | -€261 | -72.9% |
| Recurring financial income | 75 | €358 | €97 | -€261 | -72.9% |
| Financial charges | 65/66B | €9,566 | €4,273 | -€5,293 | -55.3% |
| Recurring financial charges | 65 | €9,566 | €4,273 | -€5,293 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€773 | €1,265 | +€2,038 | |
| Income taxes | 67/77 | €992 | €1,721 | +€729 | +73.5% |
| Profit (loss) for the period | 9904 | -€1,765 | -€456 | +€1,309 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,765 | -€456 | +€1,309 | +74.1% |
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 3 October 2026 via checked.be.