TECHNOLEC: 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.
TECHNOLEC
Largest movements
- Receivables within one year -€406,342
down €406,342 (-60.9%), from €667,536 to €261,195
of which Other amounts receivable: -€420,107
- Cash -€243,680
down €243,680 (-82.8%), from €294,199 to €50,519
mainly Contributions, distributions and other (-€700,000) and Short-term financial debts (-€58,844)
- Stocks and contracts -€35,613
down €35,613 (-26.8%), from €132,744 to €97,130
- Profit (loss) carried forward -€758,031
down €758,031, from €752,199 to -€5,832
- Other debts +€200,000
new in 2025: €200,000
- Short-term financial debts -€58,844
no longer reported in 2025 (was €58,844)
- Trade debts -€36,574
down €36,574 (-18.5%), from €197,674 to €161,100
- Tax, wage and social debts -€24,036
down €24,036 (-42.7%), from €56,341 to €32,305
of which Taxes: -€25,170
- Gross operating margin -€482,514
down €482,514 (-67.6%), from €713,938 to €231,425
- Taxes -€114,674
down €114,674 (-98.5%), from €116,470 to €1,796
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 | €1,114,137 | €436,651 | -€677,486 | -60.8% |
| Fixed assets | 21/28 | €19,658 | €27,807 | +€8,149 | +41.5% |
| Tangible fixed assets | 22/27 | €19,658 | €27,807 | +€8,149 | +41.5% |
| Plant, machinery and equipment | 23 | €5,136 | €5,837 | +€701 | +13.7% |
| Furniture and vehicles | 24 | €14,522 | €21,970 | +€7,448 | +51.3% |
| Current assets | 29/58 | €1,094,479 | €408,844 | -€685,635 | -62.6% |
| Stocks and contracts in progress | 3 | €132,744 | €97,130 | -€35,613 | -26.8% |
| Stocks | 30/36 | €132,744 | €97,130 | -€35,613 | -26.8% |
| Amounts receivable within one year | 40/41 | €667,536 | €261,195 | -€406,342 | -60.9% |
| Trade receivables | 40 | €204,379 | €218,145 | +€13,765 | +6.7% |
| Other amounts receivable | 41 | €463,157 | €43,050 | -€420,107 | -90.7% |
| Cash at bank and in hand | 54/58 | €294,199 | €50,519 | -€243,680 | -82.8% |
| Total equity and liabilities | 10/49 | €1,114,137 | €436,651 | -€677,486 | -60.8% |
| Equity | 10/15 | €801,278 | €43,246 | -€758,031 | -94.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €42,881 | €42,881 | = | 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% |
| Tax-exempt reserves | 132 | €37,182 | €37,182 | = | 0.0% |
| Distributable reserves | 133 | €3,839 | €3,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | €752,199 | -€5,832 | -€758,031 | |
| Amounts payable | 17/49 | €312,859 | €393,405 | +€80,546 | +25.7% |
| Amounts payable within one year | 42/48 | €312,859 | €393,405 | +€80,546 | +25.7% |
| Financial debts | 43 | €58,844 | - | -€58,844 | |
| Credit institutions | 430/8 | €58,844 | - | -€58,844 | |
| Trade debts | 44 | €197,674 | €161,100 | -€36,574 | -18.5% |
| Suppliers | 440/4 | €197,674 | €161,100 | -€36,574 | -18.5% |
| Taxes, remuneration and social security | 45 | €56,341 | €32,305 | -€24,036 | -42.7% |
| Taxes | 450/3 | €26,300 | €1,130 | -€25,170 | -95.7% |
| Remuneration and social security | 454/9 | €30,041 | €31,175 | +€1,134 | +3.8% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Remuneration, social security and pensions | 62 | €267,316 | €264,704 | -€2,612 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,733 | €20,027 | +€6,295 | +45.8% |
| Other operating charges | 640/8 | €7,714 | €6,166 | -€1,548 | -20.1% |
| Gross operating margin | 9900 | €713,938 | €231,425 | -€482,514 | -67.6% |
| Operating profit (loss) | 9901 | €425,176 | -€59,473 | -€484,649 | |
| Financial income | 75/76B | €3,397 | €9,596 | +€6,199 | +182.5% |
| Recurring financial income | 75 | €3,397 | €9,596 | +€6,199 | +182.5% |
| Financial charges | 65/66B | €6,896 | €6,359 | -€537 | -7.8% |
| Recurring financial charges | 65 | €6,896 | €6,359 | -€537 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €421,677 | -€56,236 | -€477,913 | |
| Income taxes | 67/77 | €116,470 | €1,796 | -€114,674 | -98.5% |
| Profit (loss) for the period | 9904 | €305,208 | -€58,031 | -€363,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €305,208 | -€58,031 | -€363,239 |
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 6 October 2026 via checked.be.