TECHNO1: 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.
TECHNO1
Largest movements
- Intangible fixed assets +€2.7m
up €2.7m (+34.8%), from €7.6m to €10.3m
- Financial fixed assets -€2.0m
down €2.0m (-82.4%), from €2.4m to €425,161
of which Affiliated companies: -€2.0m
- Receivables within one year -€1.7m
down €1.7m (-46.2%), from €3.6m to €1.9m
of which Trade receivables: -€2.4m
- Cash -€619,264
down €619,264 (-100.0%), from €619,309 to €45
mainly Investment in fixed assets (net) (-€3.6m) and Trade debts (-€1.8m)
- Tangible fixed assets -€192,054
down €192,054 (-44.0%), from €436,663 to €244,609
of which Furniture and vehicles: -€168,963
- Trade debts -€1.8m
down €1.8m (-28.9%), from €6.3m to €4.5m
- Profit (loss) carried forward -€1.7m
down €1.7m (-20.5%), from €8.1m to €6.5m
- Debts after one year +€1.7m
new in 2025: €1.7m
- Other debts +€161,280
up €161,280 (+2,387%), from €6,757 to €168,037
- Turnover -€44.8m
down €44.8m (-61.8%), from €72.5m to €27.7m
- Services and other goods -€42.0m
down €42.0m (-59.3%), from €70.9m to €28.9m
- Financial charges +€2.8m
up €2.8m (+4,241%), from €66,087 to €2.9m
of which Non-recurring financial charges: +€2.7m
- Depreciation +€1.5m
up €1.5m (+88.9%), from €1.6m to €3.1m
- Other operating income +€890,556
up €890,556 (+41.0%), from €2.2m to €3.1m
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 | €15,363,629 | €13,687,878 | -€1.7m | -10.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €10,501,222 | €10,978,395 | +€477,174 | +4.5% |
| Intangible fixed assets | 21 | €7,646,631 | €10,308,626 | +€2.7m | +34.8% |
| Tangible fixed assets | 22/27 | €436,663 | €244,609 | -€192,054 | -44.0% |
| Plant, machinery and equipment | 23 | €1,000 | €0 | -€1,000 | -100% |
| Furniture and vehicles | 24 | €413,572 | €244,609 | -€168,963 | -40.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €22,092 | - | -€22,092 | |
| Financial fixed assets | 28 | €2,417,927 | €425,161 | -€2.0m | -82.4% |
| Affiliated companies | 280/1 | €2,390,001 | €422,235 | -€2.0m | -82.3% |
| Participating interests | 280 | €2,390,001 | €422,235 | -€2.0m | -82.3% |
| Other financial fixed assets | 284/8 | €27,926 | €2,926 | -€25,000 | -89.5% |
| Amounts receivable and cash guarantees | 285/8 | €27,926 | €2,926 | -€25,000 | -89.5% |
| Current assets | 29/58 | €4,862,407 | €2,709,483 | -€2.2m | -44.3% |
| Amounts receivable within one year | 40/41 | €3,581,294 | €1,926,389 | -€1.7m | -46.2% |
| Trade receivables | 40 | €3,388,036 | €1,033,700 | -€2.4m | -69.5% |
| Other amounts receivable | 41 | €193,258 | €892,688 | +€699,431 | +362% |
| Cash at bank and in hand | 54/58 | €619,309 | €45 | -€619,264 | -100.0% |
| Deferred charges and accrued income | 490/1 | €661,805 | €783,049 | +€121,244 | +18.3% |
| Total equity and liabilities | 10/49 | €15,363,629 | €13,687,878 | -€1.7m | -10.9% |
| Equity | 10/15 | €9,014,139 | €7,349,577 | -€1.7m | -18.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €846,000 | €846,000 | = | 0.0% |
| Distributable reserves | 133 | €846,000 | €846,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,128,139 | €6,463,577 | -€1.7m | -20.5% |
| Amounts payable | 17/49 | €6,349,490 | €6,338,301 | -€11,189 | -0.2% |
| Amounts payable after more than one year | 17 | - | €1,650,000 | +€1.7m | |
| Other amounts payable | 178/9 | - | €1,650,000 | +€1.7m | |
| Amounts payable within one year | 42/48 | €6,346,909 | €4,676,029 | -€1.7m | -26.3% |
| Trade debts | 44 | €6,340,152 | €4,507,992 | -€1.8m | -28.9% |
| Suppliers | 440/4 | €6,340,152 | €4,507,992 | -€1.8m | -28.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,757 | €168,037 | +€161,280 | +2,387% |
| Accrued charges and deferred income | 492/3 | €2,581 | €12,273 | +€9,691 | +375% |
| Operating income | 70/76A | €76,123,492 | €36,317,479 | -€39.8m | -52.3% |
| Turnover | 70 | €72,518,733 | €27,698,356 | -€44.8m | -61.8% |
| Own construction capitalised | 72 | €1,430,974 | €5,554,783 | +€4.1m | +288% |
| Other operating income | 74 | €2,173,785 | €3,064,340 | +€890,556 | +41.0% |
| Operating charges | 60/66A | €74,769,262 | €35,103,783 | -€39.7m | -53.1% |
| Services and other goods | 61 | €70,850,788 | €28,867,023 | -€42.0m | -59.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,646,993 | €3,110,378 | +€1.5m | +88.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€27,114 | - | +€27,114 | |
| Other operating charges | 640/8 | €2,298,595 | €3,126,382 | +€827,787 | +36.0% |
| Operating profit (loss) | 9901 | €1,354,230 | €1,213,696 | -€140,534 | -10.4% |
| Financial income | 75/76B | €107,990 | €91,617 | -€16,373 | -15.2% |
| Recurring financial income | 75 | €107,990 | €91,617 | -€16,373 | -15.2% |
| Income from current assets | 751 | - | €91,017 | +€91,017 | |
| Other financial income | 752/9 | €107,990 | €600 | -€107,390 | -99.4% |
| Financial charges | 65/66B | €66,087 | €2,868,786 | +€2.8m | +4,241% |
| Recurring financial charges | 65 | €66,087 | €146,020 | +€79,933 | +121% |
| Debt charges | 650 | €1,217 | €38,060 | +€36,842 | +3,027% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €50,814 | €74,230 | +€23,416 | +46.1% |
| Other financial charges | 652/9 | €14,056 | €33,730 | +€19,674 | +140% |
| Non-recurring financial charges | 66B | - | €2,722,766 | +€2.7m | |
| Profit (loss) for the period before taxes | 9903 | €1,396,133 | -€1,563,473 | -€3.0m | |
| Income taxes | 67/77 | €437,581 | €101,090 | -€336,491 | -76.9% |
| Taxes | 670/3 | €437,581 | €291,493 | -€146,088 | -33.4% |
| Tax adjustments and reversals of tax provisions | 77 | - | €190,403 | +€190,403 | |
| Profit (loss) for the period | 9904 | €958,552 | -€1,664,562 | -€2.6m | |
| Transfer from tax-exempt reserves | 789 | €842,000 | - | -€842,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,800,552 | -€1,664,562 | -€3.5m |
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 14 October 2026 via checked.be.