TECHNOCHAUFFAGE: 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.
TECHNOCHAUFFAGE
Largest movements
- Receivables within one year +€27,544
up €27,544 (+53.2%), from €51,767 to €79,311
- Cash -€13,665
down €13,665 (-58.5%), from €23,349 to €9,685
mainly Receivables within one year (-€27,544) and Tax, wage and social debts (-€8,239)
- Reserves +€23,400
up €23,400 (+113.8%), from €20,560 to €43,960
of which Non-distributable reserves: +€12,400
- Tax, wage and social debts -€8,239
down €8,239 (-30.8%), from €26,735 to €18,496
- Other debts -€2,500
no longer reported in 2025 (was €2,500)
- Gross operating margin -€3,571
down €3,571 (-17.2%), from €20,713 to €17,142
- Taxes -€2,732
down €2,732 (-42.2%), from €6,478 to €3,746
- Financial charges +€548
up €548 (+145.7%), from €376 to €923
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.
Cash bridge derived
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 | €75,117 | €88,996 | +€13,879 | +18.5% |
| Current assets | 29/58 | €75,117 | €88,996 | +€13,879 | +18.5% |
| Amounts receivable within one year | 40/41 | €51,767 | €79,311 | +€27,544 | +53.2% |
| Other amounts receivable | 41 | €51,767 | €79,311 | +€27,544 | +53.2% |
| Cash at bank and in hand | 54/58 | €23,349 | €9,685 | -€13,665 | -58.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €75,117 | €88,996 | +€13,879 | +18.5% |
| Equity | 10/15 | €45,881 | €70,103 | +€24,221 | +52.8% |
| Reserves | 13 | €20,560 | €43,960 | +€23,400 | +113.8% |
| Non-distributable reserves | 130/1 | €8,060 | €20,460 | +€12,400 | +153.8% |
| Reserves not available under the articles | 1311 | €8,060 | €20,460 | +€12,400 | +153.8% |
| Distributable reserves | 133 | €12,500 | €23,500 | +€11,000 | +88.0% |
| Profit (loss) carried forward | 14 | €25,321 | €26,143 | +€821 | +3.2% |
| Amounts payable | 17/49 | €29,235 | €18,893 | -€10,342 | -35.4% |
| Amounts payable within one year | 42/48 | €29,235 | €18,893 | -€10,342 | -35.4% |
| Trade debts | 44 | - | €397 | +€397 | |
| Suppliers | 440/4 | - | €397 | +€397 | |
| Taxes, remuneration and social security | 45 | €26,735 | €18,496 | -€8,239 | -30.8% |
| Taxes | 450/3 | €26,735 | €18,496 | -€8,239 | -30.8% |
| Other amounts payable | 47/48 | €2,500 | - | -€2,500 | |
| Other operating charges | 640/8 | €746 | €651 | -€96 | -12.8% |
| Gross operating margin | 9900 | €20,713 | €17,142 | -€3,571 | -17.2% |
| Operating profit (loss) | 9901 | €19,967 | €16,491 | -€3,476 | -17.4% |
| Financial charges | 65/66B | €376 | €923 | +€548 | +145.7% |
| Recurring financial charges | 65 | €376 | €923 | +€548 | +145.7% |
| Profit (loss) for the period before taxes | 9903 | €19,591 | €15,568 | -€4,023 | -20.5% |
| Income taxes | 67/77 | €6,478 | €3,746 | -€2,732 | -42.2% |
| Profit (loss) for the period | 9904 | €13,113 | €11,821 | -€1,291 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,113 | €11,821 | -€1,291 | -9.8% |
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 8 October 2026 via checked.be.