TECHNO STEEL: 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 STEEL
Largest movements
- Receivables within one year -€10,962
down €10,962 (-40.6%), from €26,967 to €16,005
of which Other amounts receivable: -€6,882
- Cash +€9,665
up €9,665 (+17.1%), from €56,588 to €66,253
mainly Other debts (+€81,960) and Net result for the year (+€12,923)
- Tangible fixed assets -€4,225
down €4,225 (-16.7%), from €25,359 to €21,134
of which Other tangible fixed assets: -€2,673
- Other debts +€81,960
up €81,960 (+546%), from €15,000 to €96,960
- Profit (loss) carried forward -€79,957
down €79,957 (-100%), from €79,957 to €0
- Tax, wage and social debts -€5,176
down €5,176 (-47.5%), from €10,895 to €5,719
of which Remuneration and social security: -€3,028
- Trade debts -€2,760
down €2,760 (-91.9%), from €3,004 to €244
- Gross operating margin -€64,249
down €64,249 (-62.6%), from €102,683 to €38,434
- Staff costs -€37,815
down €37,815 (-68.0%), from €55,593 to €17,778
- Financial income +€1,613
up €1,613 (+139%), from €1,162 to €2,775
- Taxes -€1,098
down €1,098 (-21.3%), from €5,147 to €4,049
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 | €109,884 | €104,411 | -€5,472 | -5.0% |
| Fixed assets | 21/28 | €25,359 | €21,134 | -€4,225 | -16.7% |
| Tangible fixed assets | 22/27 | €25,359 | €21,134 | -€4,225 | -16.7% |
| Plant, machinery and equipment | 23 | €1,306 | €2,100 | +€793 | +60.7% |
| Furniture and vehicles | 24 | €3,284 | €939 | -€2,345 | -71.4% |
| Other tangible fixed assets | 26 | €20,769 | €18,096 | -€2,673 | -12.9% |
| Current assets | 29/58 | €84,524 | €83,277 | -€1,247 | -1.5% |
| Amounts receivable within one year | 40/41 | €26,967 | €16,005 | -€10,962 | -40.6% |
| Trade receivables | 40 | €16,634 | €12,554 | -€4,080 | -24.5% |
| Other amounts receivable | 41 | €10,333 | €3,451 | -€6,882 | -66.6% |
| Cash at bank and in hand | 54/58 | €56,588 | €66,253 | +€9,665 | +17.1% |
| Deferred charges and accrued income | 490/1 | €969 | €1,019 | +€50 | +5.1% |
| Total equity and liabilities | 10/49 | €109,884 | €104,411 | -€5,472 | -5.0% |
| Equity | 10/15 | €80,957 | €1,000 | -€79,957 | -98.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,957 | €0 | -€79,957 | -100% |
| Amounts payable | 17/49 | €28,926 | €103,411 | +€74,485 | +257% |
| Amounts payable within one year | 42/48 | €28,899 | €102,923 | +€74,024 | +256% |
| Trade debts | 44 | €3,004 | €244 | -€2,760 | -91.9% |
| Suppliers | 440/4 | €3,004 | €244 | -€2,760 | -91.9% |
| Taxes, remuneration and social security | 45 | €10,895 | €5,719 | -€5,176 | -47.5% |
| Taxes | 450/3 | €5,291 | €3,143 | -€2,148 | -40.6% |
| Remuneration and social security | 454/9 | €5,604 | €2,576 | -€3,028 | -54.0% |
| Other amounts payable | 47/48 | €15,000 | €96,960 | +€81,960 | +546% |
| Accrued charges and deferred income | 492/3 | €27 | €488 | +€461 | +1,714% |
| Remuneration, social security and pensions | 62 | €55,593 | €17,778 | -€37,815 | -68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,196 | €5,554 | -€641 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €637 | €653 | +€17 | +2.7% |
| Gross operating margin | 9900 | €102,683 | €38,434 | -€64,249 | -62.6% |
| Operating profit (loss) | 9901 | €40,257 | €14,448 | -€25,809 | -64.1% |
| Financial income | 75/76B | €1,162 | €2,775 | +€1,613 | +139% |
| Recurring financial income | 75 | €1,162 | €2,775 | +€1,613 | +139% |
| Financial charges | 65/66B | €478 | €251 | -€227 | -47.5% |
| Recurring financial charges | 65 | €478 | €251 | -€227 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €40,941 | €16,972 | -€23,970 | -58.5% |
| Income taxes | 67/77 | €5,147 | €4,049 | -€1,098 | -21.3% |
| Profit (loss) for the period | 9904 | €35,795 | €12,923 | -€22,872 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,795 | €12,923 | -€22,872 | -63.9% |
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 27 October 2026 via checked.be.