TechnoCore: 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.
TechnoCore
Largest movements
- Receivables within one year +€52,934
up €52,934 (+57.0%), from €92,945 to €145,879
- Cash -€14,485
down €14,485 (-75.7%), from €19,131 to €4,645
mainly Contributions, distributions and other (-€80,000) and Receivables within one year (-€52,934)
- Intangible fixed assets -€9,800
down €9,800 (-33.3%), from €29,400 to €19,600
- Deferred charges and accrued income +€4,877
up €4,877 (+7.3%), from €67,235 to €72,112
- Tangible fixed assets -€2,814
no longer reported in 2025 (was €2,814)
- Tax, wage and social debts +€29,942
up €29,942 (+25.0%), from €119,615 to €149,557
- Other debts +€5,000
up €5,000 (+6.7%), from €75,000 to €80,000
- Trade debts -€4,336
down €4,336 (-71.1%), from €6,096 to €1,760
- Gross operating margin +€9,048
up €9,048 (+8.1%), from €112,040 to €121,089
- Financial charges +€7,479
up €7,479 (+266%), from €2,809 to €10,288
- Depreciation -€3,674
down €3,674 (-22.6%), from €16,288 to €12,614
- Financial income +€3,027
up €3,027 (+86.8%), from €3,485 to €6,512
- Taxes +€1,783
up €1,783 (+8.2%), from €21,714 to €23,497
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 | €211,583 | €242,295 | +€30,712 | +14.5% |
| Fixed assets | 21/28 | €32,272 | €19,658 | -€12,614 | -39.1% |
| Intangible fixed assets | 21 | €29,400 | €19,600 | -€9,800 | -33.3% |
| Tangible fixed assets | 22/27 | €2,814 | - | -€2,814 | |
| Furniture and vehicles | 24 | €2,814 | - | -€2,814 | |
| Financial fixed assets | 28 | €58 | €58 | = | 0.0% |
| Current assets | 29/58 | €179,311 | €222,637 | +€43,326 | +24.2% |
| Amounts receivable within one year | 40/41 | €92,945 | €145,879 | +€52,934 | +57.0% |
| Other amounts receivable | 41 | €92,945 | €145,879 | +€52,934 | +57.0% |
| Cash at bank and in hand | 54/58 | €19,131 | €4,645 | -€14,485 | -75.7% |
| Deferred charges and accrued income | 490/1 | €67,235 | €72,112 | +€4,877 | +7.3% |
| Total equity and liabilities | 10/49 | €211,583 | €242,295 | +€30,712 | +14.5% |
| Equity | 10/15 | €10,871 | €10,977 | +€106 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,816 | €2,922 | +€106 | +3.8% |
| Amounts payable | 17/49 | €200,712 | €231,318 | +€30,606 | +15.2% |
| Amounts payable within one year | 42/48 | €200,712 | €231,318 | +€30,606 | +15.2% |
| Trade debts | 44 | €6,096 | €1,760 | -€4,336 | -71.1% |
| Suppliers | 440/4 | €6,096 | €1,760 | -€4,336 | -71.1% |
| Taxes, remuneration and social security | 45 | €119,615 | €149,557 | +€29,942 | +25.0% |
| Taxes | 450/3 | €119,615 | €149,557 | +€29,942 | +25.0% |
| Other amounts payable | 47/48 | €75,000 | €80,000 | +€5,000 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,288 | €12,614 | -€3,674 | -22.6% |
| Other operating charges | 640/8 | €1,128 | €1,097 | -€32 | -2.8% |
| Gross operating margin | 9900 | €112,040 | €121,089 | +€9,048 | +8.1% |
| Operating profit (loss) | 9901 | €94,624 | €107,378 | +€12,754 | +13.5% |
| Financial income | 75/76B | €3,485 | €6,512 | +€3,027 | +86.8% |
| Recurring financial income | 75 | €3,485 | €6,512 | +€3,027 | +86.8% |
| Financial charges | 65/66B | €2,809 | €10,288 | +€7,479 | +266% |
| Recurring financial charges | 65 | €2,809 | €10,288 | +€7,479 | +266% |
| Profit (loss) for the period before taxes | 9903 | €95,301 | €103,603 | +€8,302 | +8.7% |
| Income taxes | 67/77 | €21,714 | €23,497 | +€1,783 | +8.2% |
| Profit (loss) for the period | 9904 | €73,587 | €80,106 | +€6,519 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,587 | €80,106 | +€6,519 | +8.9% |
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 25 October 2026 via checked.be.