TECHNOCHIM: 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.
TECHNOCHIM
Largest movements
- Receivables within one year -€163,220
down €163,220 (-15.2%), from €1.1m to €910,619
of which Trade receivables: -€208,776
- Tangible fixed assets -€94,736
down €94,736 (-4.1%), from €2.3m to €2.2m
of which Land and buildings: -€90,283
- Cash +€85,329
up €85,329 (+76.6%), from €111,344 to €196,673
mainly Net result for the year (+€247,237) and Depreciation (+€183,438)
- Financial fixed assets -€48,000
down €48,000 (-6.4%), from €752,560 to €704,560
- Debts after one year -€408,287
down €408,287 (-23.1%), from €1.8m to €1.4m
- Profit (loss) carried forward +€234,875
up €234,875 (+114.0%), from €206,091 to €440,966
- Trade debts -€163,227
down €163,227 (-31.0%), from €527,371 to €364,144
- Tax, wage and social debts +€73,422
up €73,422 (+48.9%), from €150,159 to €223,581
of which Taxes: +€66,748
- Current portion of long-term debt +€67,705
up €67,705 (+20.7%), from €326,599 to €394,304
- Write-downs -€102,344
down €102,344 (-99.3%), from €103,024 to €680
- Taxes +€60,283
up €60,283 (+2416.9%), from €2,494 to €62,777
- Gross operating margin +€50,290
up €50,290 (+3.2%), from €1.6m to €1.6m
- Staff costs -€47,589
down €47,589 (-4.4%), from €1.1m to €1.0m
- Depreciation -€29,033
down €29,033 (-13.7%), from €212,471 to €183,438
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,400,367 | €4,200,223 | -€200,145 | -4.5% |
| Fixed assets | 21/28 | €3,109,659 | €2,956,424 | -€153,235 | -4.9% |
| Intangible fixed assets | 21 | €72,382 | €61,884 | -€10,498 | -14.5% |
| Tangible fixed assets | 22/27 | €2,284,716 | €2,189,980 | -€94,736 | -4.1% |
| Land and buildings | 22 | €2,144,575 | €2,054,292 | -€90,283 | -4.2% |
| Plant, machinery and equipment | 23 | €101,577 | €103,921 | +€2,345 | +2.3% |
| Furniture and vehicles | 24 | €35,325 | €31,767 | -€3,558 | -10.1% |
| Leasing and similar rights | 25 | €3,240 | €0 | -€3,240 | -100.0% |
| Financial fixed assets | 28 | €752,560 | €704,560 | -€48,000 | -6.4% |
| Current assets | 29/58 | €1,290,709 | €1,243,798 | -€46,910 | -3.6% |
| Stocks and contracts in progress | 3 | €74,135 | €100,729 | +€26,594 | +35.9% |
| Stocks | 30/36 | €74,135 | €100,729 | +€26,594 | +35.9% |
| Amounts receivable within one year | 40/41 | €1,073,839 | €910,619 | -€163,220 | -15.2% |
| Trade receivables | 40 | €952,624 | €743,848 | -€208,776 | -21.9% |
| Other amounts receivable | 41 | €121,215 | €166,771 | +€45,556 | +37.6% |
| Cash at bank and in hand | 54/58 | €111,344 | €196,673 | +€85,329 | +76.6% |
| Deferred charges and accrued income | 490/1 | €31,391 | €35,778 | +€4,387 | +14.0% |
| Total equity and liabilities | 10/49 | €4,400,367 | €4,200,223 | -€200,145 | -4.5% |
| Equity | 10/15 | €901,811 | €1,149,048 | +€247,237 | +27.4% |
| Contributions | 10/11 | €645,000 | €645,000 | = | 0.0% |
| Capital | 10 | €645,000 | €645,000 | = | 0.0% |
| Issued capital | 100 | €645,000 | €645,000 | = | 0.0% |
| Reserves | 13 | €50,720 | €63,082 | +€12,362 | +24.4% |
| Non-distributable reserves | 130/1 | €37,763 | €50,125 | +€12,362 | +32.7% |
| Legal reserve | 130 | €37,763 | €50,125 | +€12,362 | +32.7% |
| Tax-exempt reserves | 132 | €12,957 | €12,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,091 | €440,966 | +€234,875 | +114.0% |
| Provisions and deferred taxes | 16 | €43,297 | €41,684 | -€1,613 | -3.7% |
| Provisions for liabilities and charges | 160/5 | €43,297 | €41,684 | -€1,613 | -3.7% |
| Other liabilities and charges | 164/5 | €43,297 | €41,684 | -€1,613 | -3.7% |
| Amounts payable | 17/49 | €3,455,260 | €3,009,491 | -€445,769 | -12.9% |
| Amounts payable after more than one year | 17 | €1,770,873 | €1,362,585 | -€408,287 | -23.1% |
| Financial debts | 170/4 | €1,770,873 | €1,362,585 | -€408,287 | -23.1% |
| Amounts payable within one year | 42/48 | €1,681,412 | €1,639,549 | -€41,862 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €326,599 | €394,304 | +€67,705 | +20.7% |
| Financial debts | 43 | €660,432 | €647,520 | -€12,912 | -2.0% |
| Credit institutions | 430/8 | €660,432 | €647,520 | -€12,912 | -2.0% |
| Trade debts | 44 | €527,371 | €364,144 | -€163,227 | -31.0% |
| Suppliers | 440/4 | €527,371 | €364,144 | -€163,227 | -31.0% |
| Taxes, remuneration and social security | 45 | €150,159 | €223,581 | +€73,422 | +48.9% |
| Taxes | 450/3 | €13,761 | €80,509 | +€66,748 | +485.0% |
| Remuneration and social security | 454/9 | €136,398 | €143,072 | +€6,674 | +4.9% |
| Other amounts payable | 47/48 | €16,850 | €10,000 | -€6,850 | -40.7% |
| Accrued charges and deferred income | 492/3 | €2,975 | €7,356 | +€4,381 | +147.2% |
| Remuneration, social security and pensions | 62 | €1,071,582 | €1,023,993 | -€47,589 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212,471 | €183,438 | -€29,033 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €103,024 | €680 | -€102,344 | -99.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,900 | - | +€3,900 | |
| Other operating charges | 640/8 | €28,982 | €31,416 | +€2,435 | +8.4% |
| Gross operating margin | 9900 | €1,594,008 | €1,644,298 | +€50,290 | +3.2% |
| Operating profit (loss) | 9901 | €181,849 | €404,771 | +€222,922 | +122.6% |
| Financial income | 75/76B | €14,770 | €22,196 | +€7,426 | +50.3% |
| Recurring financial income | 75 | €14,770 | €16,201 | +€1,430 | +9.7% |
| Non-recurring financial income | 76B | - | €5,995 | +€5,995 | |
| Financial charges | 65/66B | €117,485 | €116,953 | -€532 | -0.5% |
| Recurring financial charges | 65 | €106,153 | €115,871 | +€9,718 | +9.2% |
| Non-recurring financial charges | 66B | €11,332 | €1,082 | -€10,250 | -90.4% |
| Profit (loss) for the period before taxes | 9903 | €79,135 | €310,014 | +€230,879 | +291.8% |
| Income taxes | 67/77 | €2,494 | €62,777 | +€60,283 | +2416.9% |
| Profit (loss) for the period | 9904 | €76,640 | €247,237 | +€170,596 | +222.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,640 | €247,237 | +€170,596 | +222.6% |
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 29 September 2026 via checked.be.