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TECHNO DESIGN: 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

TECHNO DESIGN

BE 0476.421.042
NACE 47.552, Retail sale of lighting equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€47,290
2024 · -€56,277+€8,987
Equity
€240,794
2024 · €289,750-€48,956
Cash
€94,633
2024 · €6,883+€87,750
Balance sheet total
€254,739
2024 · €305,496-€50,757

Largest movements

2024 to 2025
Assets
  • Current investments -€110,000

    down €110,000 (-100.0%), from €110,000 to €0

  • Cash +€87,750

    up €87,750 (+1274.9%), from €6,883 to €94,633

    mainly Current investments (+€110,000) and Depreciation (+€15,673)

  • Tangible fixed assets -€15,673

    down €15,673 (-15.1%), from €103,516 to €87,843

    of which Land and buildings: -€10,941

  • Receivables after one year -€6,000

    down €6,000 (-20.0%), from €30,000 to €24,000

  • Stocks and contracts -€5,940

    down €5,940 (-84.7%), from €7,008 to €1,069

Equity and liabilities
  • Reserves -€48,956

    down €48,956 (-18.1%), from €269,750 to €220,794

    of which Distributable reserves: -€48,956

Income statement
  • Depreciation -€13,448

    down €13,448 (-46.2%), from €29,121 to €15,673

  • Gross operating margin -€5,259

    down €5,259 (-19.9%), from -€26,418 to -€31,677

  • Financial income +€362

    up €362 (+28.5%), from €1,271 to €1,633

From the 2024 result to the 2025 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 2024 -€56,277
Gross operating margin -€5,259
Depreciation +€13,448
Other operating charges +€301
Financial income +€362
Financial charges +€140
Taxes -€6
Result 2025 -€47,290

Cash bridge derived

cash 2024 to 2025

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.

From operations -€22,084
Investment +€111,500
Financing -€1,666
Cash 2024 €6,883
Net result for the year -€47,290
Depreciation +€15,673
Receivables after one year +€6,000
Stocks and contracts +€5,940
Receivables within one year +€1,521
Deferred charges and accrued income -€2,126
Trade debts -€1,959
Tax, wage and social debts -€10
Other debts +€763
Accrued charges and deferred income -€595
Investment in fixed assets (net) +€1,500
Current investments +€110,000
Contributions, distributions and other -€1,666
Cash 2025 €94,633
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €305,496 €254,739 -€50,757 -16.6%
Fixed assets 21/28 €105,016 €87,843 -€17,173 -16.4%
Tangible fixed assets 22/27 €103,516 €87,843 -€15,673 -15.1%
Land and buildings 22 €94,255 €83,314 -€10,941 -11.6%
Plant, machinery and equipment 23 €3,166 €2,727 -€439 -13.9%
Furniture and vehicles 24 €4,795 €502 -€4,293 -89.5%
Other tangible fixed assets 26 €1,300 €1,300 = 0.0%
Financial fixed assets 28 €1,500 €0 -€1,500 -100.0%
Current assets 29/58 €200,480 €166,897 -€33,584 -16.8%
Amounts receivable after more than one year 29 €30,000 €24,000 -€6,000 -20.0%
Other amounts receivable 291 €30,000 €24,000 -€6,000 -20.0%
Stocks and contracts in progress 3 €7,008 €1,069 -€5,940 -84.7%
Stocks 30/36 €7,008 €1,069 -€5,940 -84.7%
Amounts receivable within one year 40/41 €45,126 €43,605 -€1,521 -3.4%
Trade receivables 40 €0 €902 +€902
Other amounts receivable 41 €45,126 €42,703 -€2,423 -5.4%
Current investments 50/53 €110,000 €0 -€110,000 -100.0%
Cash at bank and in hand 54/58 €6,883 €94,633 +€87,750 +1274.9%
Deferred charges and accrued income 490/1 €1,463 €3,589 +€2,126 +145.4%
Total equity and liabilities 10/49 €305,496 €254,739 -€50,757 -16.6%
Equity 10/15 €289,750 €240,794 -€48,956 -16.9%
Contributions 10/11 €20,000 €20,000 = 0.0%
Reserves 13 €269,750 €220,794 -€48,956 -18.1%
Non-distributable reserves 130/1 €2,000 €2,000 = 0.0%
Reserves not available under the articles 1311 €2,000 €2,000 = 0.0%
Tax-exempt reserves 132 €557 €557 = 0.0%
Distributable reserves 133 €267,193 €218,237 -€48,956 -18.3%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €15,746 €13,946 -€1,801 -11.4%
Amounts payable within one year 42/48 €15,070 €13,864 -€1,206 -8.0%
Trade debts 44 €3,807 €1,848 -€1,959 -51.4%
Suppliers 440/4 €3,807 €1,848 -€1,959 -51.4%
Taxes, remuneration and social security 45 €704 €694 -€10 -1.5%
Taxes 450/3 €689 €694 +€5 +0.7%
Remuneration and social security 454/9 €15 €0 -€15 -100.0%
Other amounts payable 47/48 €10,559 €11,322 +€763 +7.2%
Accrued charges and deferred income 492/3 €677 €82 -€595 -87.9%
Non-recurring operating income 76A - €320 +€320
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €29,121 €15,673 -€13,448 -46.2%
Other operating charges 640/8 €1,084 €782 -€301 -27.8%
Gross operating margin 9900 -€26,418 -€31,677 -€5,259 -19.9%
Operating profit (loss) 9901 -€56,623 -€48,132 +€8,490 +15.0%
Financial income 75/76B €1,271 €1,633 +€362 +28.5%
Recurring financial income 75 €1,271 €1,633 +€362 +28.5%
Financial charges 65/66B €787 €647 -€140 -17.8%
Recurring financial charges 65 €787 €647 -€140 -17.8%
Profit (loss) for the period before taxes 9903 -€56,139 -€47,146 +€8,993 +16.0%
Income taxes 67/77 €138 €144 +€6 +4.1%
Profit (loss) for the period 9904 -€56,277 -€47,290 +€8,987 +16.0%
Profit (loss) for the period to be appropriated 9905 -€56,277 -€47,290 +€8,987 +16.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.