TECHNOCON: 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.
TECHNOCON
Largest movements
- Cash -€376,995
down €376,995 (-79.2%), from €476,135 to €99,140
mainly Receivables within one year (-€375,591) and Other debts (-€220,000)
- Receivables within one year +€375,591
up €375,591 (+112.3%), from €334,453 to €710,044
of which Trade receivables: +€302,103
- Other debts -€220,000
down €220,000 (-100.0%), from €220,000 to €0
- Tax, wage and social debts +€93,538
up €93,538 (+99.1%), from €94,423 to €187,961
of which Taxes: +€76,038
- Trade debts +€60,195
up €60,195 (+91.3%), from €65,965 to €126,160
- Reserves +€51,140
up €51,140 (+11.6%), from €439,132 to €490,272
of which Distributable reserves: +€51,140
- Gross operating margin +€215,635
up €215,635 (+26.5%), from €812,210 to €1.0m
- Staff costs +€154,021
up €154,021 (+19.5%), from €787,834 to €941,854
- Taxes +€22,138
up €22,138 (+295.7%), from €7,487 to €29,625
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €838,260 | €823,912 | -€14,348 | -1.7% |
| Fixed assets | 21/28 | €20,501 | €13,048 | -€7,453 | -36.4% |
| Intangible fixed assets | 21 | €734 | €0 | -€734 | -100.0% |
| Tangible fixed assets | 22/27 | €19,767 | €13,048 | -€6,719 | -34.0% |
| Plant, machinery and equipment | 23 | €18,535 | €12,196 | -€6,339 | -34.2% |
| Furniture and vehicles | 24 | €1,232 | €852 | -€380 | -30.9% |
| Current assets | 29/58 | €817,759 | €810,864 | -€6,894 | -0.8% |
| Amounts receivable within one year | 40/41 | €334,453 | €710,044 | +€375,591 | +112.3% |
| Trade receivables | 40 | €279,745 | €581,848 | +€302,103 | +108.0% |
| Other amounts receivable | 41 | €54,708 | €128,195 | +€73,488 | +134.3% |
| Cash at bank and in hand | 54/58 | €476,135 | €99,140 | -€376,995 | -79.2% |
| Deferred charges and accrued income | 490/1 | €7,171 | €1,681 | -€5,490 | -76.6% |
| Total equity and liabilities | 10/49 | €838,260 | €823,912 | -€14,348 | -1.7% |
| Equity | 10/15 | €457,872 | €509,791 | +€51,919 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €439,132 | €490,272 | +€51,140 | +11.6% |
| Tax-exempt reserves | 132 | €16,572 | €16,572 | = | 0.0% |
| Distributable reserves | 133 | €422,560 | €473,700 | +€51,140 | +12.1% |
| Profit (loss) carried forward | 14 | €140 | €919 | +€779 | +558.0% |
| Amounts payable | 17/49 | €380,388 | €314,121 | -€66,267 | -17.4% |
| Amounts payable within one year | 42/48 | €380,388 | €314,121 | -€66,267 | -17.4% |
| Trade debts | 44 | €65,965 | €126,160 | +€60,195 | +91.3% |
| Suppliers | 440/4 | €65,965 | €126,160 | +€60,195 | +91.3% |
| Taxes, remuneration and social security | 45 | €94,423 | €187,961 | +€93,538 | +99.1% |
| Taxes | 450/3 | €4,203 | €80,241 | +€76,038 | +1809.1% |
| Remuneration and social security | 454/9 | €90,220 | €107,720 | +€17,500 | +19.4% |
| Other amounts payable | 47/48 | €220,000 | €0 | -€220,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €787,834 | €941,854 | +€154,021 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,115 | €7,453 | -€4,661 | -38.5% |
| Other operating charges | 640/8 | €2,591 | €1,886 | -€705 | -27.2% |
| Gross operating margin | 9900 | €812,210 | €1,027,845 | +€215,635 | +26.5% |
| Operating profit (loss) | 9901 | €9,671 | €76,652 | +€66,981 | +692.6% |
| Financial income | 75/76B | €1,102 | €7,459 | +€6,357 | +576.9% |
| Recurring financial income | 75 | €1,102 | €7,459 | +€6,357 | +576.9% |
| Financial charges | 65/66B | €224 | €2,566 | +€2,342 | +1044.5% |
| Recurring financial charges | 65 | €224 | €2,566 | +€2,342 | +1044.5% |
| Profit (loss) for the period before taxes | 9903 | €10,548 | €81,544 | +€70,996 | +673.1% |
| Income taxes | 67/77 | €7,487 | €29,625 | +€22,138 | +295.7% |
| Profit (loss) for the period | 9904 | €3,062 | €51,919 | +€48,858 | +1595.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,062 | €51,919 | +€48,858 | +1595.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.