TECHNOFIN: 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.
TECHNOFIN
Largest movements
- Receivables within one year -€10,467
down €10,467 (-85.1%), from €12,307 to €1,839
of which Trade receivables: -€8,627
- Cash +€2,987
up €2,987 (+14.8%), from €20,183 to €23,170
mainly Receivables within one year (+€10,467) and Other debts (+€2,916)
- Profit (loss) carried forward -€7,951
down €7,951, from €2,165 to -€5,786
- Other debts +€2,916
up €2,916 (+47.5%), from €6,136 to €9,052
- Trade debts -€1,367
down €1,367 (-56.4%), from €2,422 to €1,055
- Tax, wage and social debts -€1,079
down €1,079 (-82.6%), from €1,306 to €227
- Gross operating margin -€3,663
down €3,663 (-111%), from -€3,309 to -€6,972
- Other operating charges -€125
down €125 (-15.3%), from €814 to €689
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 | €32,489 | €25,009 | -€7,480 | -23.0% |
| Current assets | 29/58 | €32,489 | €25,009 | -€7,480 | -23.0% |
| Amounts receivable within one year | 40/41 | €12,307 | €1,839 | -€10,467 | -85.1% |
| Trade receivables | 40 | €10,467 | €1,839 | -€8,627 | -82.4% |
| Other amounts receivable | 41 | €1,840 | €0 | -€1,840 | -100% |
| Cash at bank and in hand | 54/58 | €20,183 | €23,170 | +€2,987 | +14.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €32,489 | €25,009 | -€7,480 | -23.0% |
| Equity | 10/15 | €22,625 | €14,674 | -€7,951 | -35.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,165 | -€5,786 | -€7,951 | |
| Amounts payable | 17/49 | €9,864 | €10,335 | +€470 | +4.8% |
| Amounts payable within one year | 42/48 | €9,864 | €10,335 | +€470 | +4.8% |
| Trade debts | 44 | €2,422 | €1,055 | -€1,367 | -56.4% |
| Suppliers | 440/4 | €2,422 | €1,055 | -€1,367 | -56.4% |
| Taxes, remuneration and social security | 45 | €1,306 | €227 | -€1,079 | -82.6% |
| Taxes | 450/3 | €1,306 | €227 | -€1,079 | -82.6% |
| Other amounts payable | 47/48 | €6,136 | €9,052 | +€2,916 | +47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €814 | €689 | -€125 | -15.3% |
| Gross operating margin | 9900 | -€3,309 | -€6,972 | -€3,663 | -111% |
| Operating profit (loss) | 9901 | -€4,123 | -€7,661 | -€3,538 | -85.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €105 | €113 | +€8 | +8.1% |
| Recurring financial charges | 65 | €105 | €113 | +€8 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,227 | -€7,774 | -€3,547 | -83.9% |
| Income taxes | 67/77 | €160 | €176 | +€16 | +10.1% |
| Profit (loss) for the period | 9904 | -€4,387 | -€7,951 | -€3,563 | -81.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,387 | -€7,951 | -€3,563 | -81.2% |
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 17 October 2026 via checked.be.