TECHNODE: 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.
TECHNODE
Largest movements
- Current investments +€26,308
up €26,308 (+26.3%), from €100,000 to €126,308
- Tangible fixed assets -€13,729
down €13,729 (-15.9%), from €86,265 to €72,536
of which Plant, machinery and equipment: -€11,625
- Cash -€9,603
down €9,603 (-5.3%), from €179,549 to €169,946
mainly Current investments (-€26,308) and Investment in fixed assets (net) (-€3,765)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€5,506
up €5,506 (+280.8%), from €1,961 to €7,467
- Gross operating margin -€1,592
down €1,592 (-8.3%), from €19,128 to €17,536
- Taxes +€1,147
up €1,147 (+277.1%), from €414 to €1,561
- Depreciation +€364
up €364 (+2.1%), from €17,130 to €17,494
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 | €373,097 | €378,790 | +€5,693 | +1.5% |
| Fixed assets | 21/28 | €86,265 | €72,536 | -€13,729 | -15.9% |
| Tangible fixed assets | 22/27 | €86,265 | €72,536 | -€13,729 | -15.9% |
| Land and buildings | 22 | €16,515 | €11,010 | -€5,505 | -33.3% |
| Plant, machinery and equipment | 23 | €69,750 | €58,125 | -€11,625 | -16.7% |
| Other tangible fixed assets | 26 | - | €3,401 | +€3,401 | |
| Current assets | 29/58 | €286,832 | €306,254 | +€19,422 | +6.8% |
| Amounts receivable within one year | 40/41 | €7,283 | €8,533 | +€1,250 | +17.2% |
| Trade receivables | 40 | €4,283 | €5,683 | +€1,400 | +32.7% |
| Other amounts receivable | 41 | €3,000 | €2,850 | -€150 | -5.0% |
| Current investments | 50/53 | €100,000 | €126,308 | +€26,308 | +26.3% |
| Cash at bank and in hand | 54/58 | €179,549 | €169,946 | -€9,603 | -5.3% |
| Deferred charges and accrued income | 490/1 | - | €1,467 | +€1,467 | |
| Total equity and liabilities | 10/49 | €373,097 | €378,790 | +€5,693 | +1.5% |
| Equity | 10/15 | €200,824 | €203,209 | +€2,385 | +1.2% |
| Contributions | 10/11 | €47,070 | €47,070 | = | 0.0% |
| Reserves | 13 | €153,754 | €156,139 | +€2,385 | +1.6% |
| Distributable reserves | 133 | €153,754 | €156,139 | +€2,385 | +1.6% |
| Provisions and deferred taxes | 16 | €162,922 | €162,019 | -€903 | -0.6% |
| Provisions for liabilities and charges | 160/5 | €162,922 | €162,019 | -€903 | -0.6% |
| Pensions and similar obligations | 160 | €162,019 | €162,019 | = | 0.0% |
| Major repairs and maintenance | 162 | €903 | €0 | -€903 | -100.0% |
| Amounts payable | 17/49 | €9,351 | €13,562 | +€4,211 | +45.0% |
| Amounts payable within one year | 42/48 | €9,351 | €13,204 | +€3,853 | +41.2% |
| Trade debts | 44 | €1,090 | €732 | -€358 | -32.8% |
| Suppliers | 440/4 | €1,090 | €732 | -€358 | -32.8% |
| Taxes, remuneration and social security | 45 | €997 | €2,094 | +€1,097 | +110.0% |
| Taxes | 450/3 | €997 | €2,094 | +€1,097 | +110.0% |
| Other amounts payable | 47/48 | €7,264 | €10,378 | +€3,114 | +42.9% |
| Accrued charges and deferred income | 492/3 | - | €358 | +€358 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,130 | €17,494 | +€364 | +2.1% |
| Other operating charges | 640/8 | €1,188 | €1,224 | +€36 | +3.0% |
| Gross operating margin | 9900 | €19,128 | €17,536 | -€1,592 | -8.3% |
| Operating profit (loss) | 9901 | €810 | -€1,182 | -€1,992 | |
| Financial income | 75/76B | €1,961 | €7,467 | +€5,506 | +280.8% |
| Recurring financial income | 75 | €1,961 | €7,467 | +€5,506 | +280.8% |
| Financial charges | 65/66B | €766 | €621 | -€145 | -18.9% |
| Recurring financial charges | 65 | €766 | €621 | -€145 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €2,005 | €5,664 | +€3,659 | +182.5% |
| Income taxes | 67/77 | €414 | €1,561 | +€1,147 | +277.1% |
| Profit (loss) for the period | 9904 | €1,591 | €4,103 | +€2,512 | +157.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,591 | €4,103 | +€2,512 | +157.9% |
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.