Techno - Photo: 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.
Techno - Photo
Largest movements
- Cash +€22,393
up €22,393 (+7.8%), from €285,847 to €308,240
mainly Net result for the year (+€20,134) and Tax, wage and social debts (+€10,816)
- Stocks and contracts +€10,673
up €10,673 (+54.5%), from €19,590 to €30,263
- Receivables within one year -€9,678
down €9,678 (-52.7%), from €18,357 to €8,679
of which Trade receivables: -€9,620
- Tangible fixed assets +€4,152
up €4,152 (+6.8%), from €61,064 to €65,216
of which Leasing and similar rights: +€6,151
- Profit (loss) carried forward +€20,134
up €20,134 (+10.6%), from €189,223 to €209,357
- Other debts -€12,030
down €12,030 (-19.8%), from €60,828 to €48,798
- Tax, wage and social debts +€10,816
up €10,816 (+34.7%), from €31,204 to €42,020
of which Remuneration and social security: +€5,845
- Trade debts +€8,393
up €8,393 (+92.1%), from €9,112 to €17,504
- Gross operating margin +€12,825
up €12,825 (+9.3%), from €137,813 to €150,638
- Staff costs +€7,138
up €7,138 (+6.3%), from €113,644 to €120,782
- Taxes +€5,935
up €5,935 (+269%), from €2,210 to €8,145
- Financial income +€4,973
up €4,973 (+182%), from €2,732 to €7,705
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 | €386,438 | €413,750 | +€27,312 | +7.1% |
| Fixed assets | 21/28 | €62,416 | €66,567 | +€4,152 | +6.7% |
| Tangible fixed assets | 22/27 | €61,064 | €65,216 | +€4,152 | +6.8% |
| Land and buildings | 22 | €57,099 | €57,099 | = | 0.0% |
| Furniture and vehicles | 24 | €3,965 | €1,966 | -€1,999 | -50.4% |
| Leasing and similar rights | 25 | - | €6,151 | +€6,151 | |
| Financial fixed assets | 28 | €1,352 | €1,352 | = | 0.0% |
| Current assets | 29/58 | €324,023 | €347,183 | +€23,160 | +7.1% |
| Stocks and contracts in progress | 3 | €19,590 | €30,263 | +€10,673 | +54.5% |
| Stocks | 30/36 | €19,590 | €30,263 | +€10,673 | +54.5% |
| Amounts receivable within one year | 40/41 | €18,357 | €8,679 | -€9,678 | -52.7% |
| Trade receivables | 40 | €18,299 | €8,679 | -€9,620 | -52.6% |
| Other amounts receivable | 41 | €58 | - | -€58 | |
| Cash at bank and in hand | 54/58 | €285,847 | €308,240 | +€22,393 | +7.8% |
| Deferred charges and accrued income | 490/1 | €229 | - | -€229 | |
| Total equity and liabilities | 10/49 | €386,438 | €413,750 | +€27,312 | +7.1% |
| Equity | 10/15 | €267,386 | €287,520 | +€20,134 | +7.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,163 | €16,163 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,766 | €3,766 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,223 | €209,357 | +€20,134 | +10.6% |
| Provisions and deferred taxes | 16 | €17,909 | €17,909 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €17,909 | €17,909 | = | 0.0% |
| Taxes | 161 | €17,909 | €17,909 | = | 0.0% |
| Amounts payable | 17/49 | €101,144 | €108,322 | +€7,178 | +7.1% |
| Amounts payable within one year | 42/48 | €101,144 | €108,322 | +€7,178 | +7.1% |
| Trade debts | 44 | €9,112 | €17,504 | +€8,393 | +92.1% |
| Suppliers | 440/4 | €9,112 | €17,504 | +€8,393 | +92.1% |
| Taxes, remuneration and social security | 45 | €31,204 | €42,020 | +€10,816 | +34.7% |
| Taxes | 450/3 | €8,834 | €13,805 | +€4,971 | +56.3% |
| Remuneration and social security | 454/9 | €22,370 | €28,215 | +€5,845 | +26.1% |
| Other amounts payable | 47/48 | €60,828 | €48,798 | -€12,030 | -19.8% |
| Remuneration, social security and pensions | 62 | €113,644 | €120,782 | +€7,138 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,999 | €2,104 | +€105 | +5.3% |
| Other operating charges | 640/8 | €4,964 | €4,351 | -€614 | -12.4% |
| Gross operating margin | 9900 | €137,813 | €150,638 | +€12,825 | +9.3% |
| Operating profit (loss) | 9901 | €17,205 | €23,401 | +€6,196 | +36.0% |
| Financial income | 75/76B | €2,732 | €7,705 | +€4,973 | +182% |
| Recurring financial income | 75 | €2,732 | €7,705 | +€4,973 | +182% |
| Financial charges | 65/66B | €2,193 | €2,827 | +€634 | +28.9% |
| Recurring financial charges | 65 | €2,193 | €2,827 | +€634 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €17,744 | €28,279 | +€10,534 | +59.4% |
| Income taxes | 67/77 | €2,210 | €8,145 | +€5,935 | +269% |
| Profit (loss) for the period | 9904 | €15,535 | €20,134 | +€4,599 | +29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,535 | €20,134 | +€4,599 | +29.6% |
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 25 October 2026 via checked.be.