TECHNOLEC HOLDING: 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.
TECHNOLEC HOLDING
Largest movements
- Receivables within one year +€146,003
up €146,003 (+230.9%), from €63,219 to €209,222
of which Other amounts receivable: +€145,453
- Cash +€24,754
up €24,754 (+4.8%), from €511,424 to €536,178
mainly Net result for the year (+€691,767) and Tax, wage and social debts (+€48,061)
- Reserves +€620,787
up €620,787 (+139.8%), from €443,940 to €1.1m
of which Distributable reserves: +€620,787
- Other debts -€450,000
no longer reported in 2025 (was €450,000)
- Tax, wage and social debts +€48,061
up €48,061 (+427.6%), from €11,240 to €59,301
- Trade debts -€27,814
down €27,814 (-70.2%), from €39,631 to €11,817
- Short-term financial debts -€17,897
no longer reported in 2025 (was €17,897)
- Financial income +€705,433
up €705,433 (+13591.5%), from €5,190 to €710,623
- Taxes +€53,089
up €53,089 (+165.5%), from €32,082 to €85,170
- Gross operating margin -€29,268
down €29,268 (-29.1%), from €100,549 to €71,281
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 | €1,600,224 | €1,774,359 | +€174,136 | +10.9% |
| Fixed assets | 21/28 | €1,025,580 | €1,028,709 | +€3,129 | +0.3% |
| Tangible fixed assets | 22/27 | €5,500 | €8,629 | +€3,129 | +56.9% |
| Plant, machinery and equipment | 23 | €5,500 | €4,152 | -€1,347 | -24.5% |
| Furniture and vehicles | 24 | - | €4,476 | +€4,476 | |
| Financial fixed assets | 28 | €1,020,081 | €1,020,081 | = | 0.0% |
| Current assets | 29/58 | €574,644 | €745,650 | +€171,007 | +29.8% |
| Amounts receivable within one year | 40/41 | €63,219 | €209,222 | +€146,003 | +230.9% |
| Trade receivables | 40 | - | €550 | +€550 | |
| Other amounts receivable | 41 | €63,219 | €208,672 | +€145,453 | +230.1% |
| Cash at bank and in hand | 54/58 | €511,424 | €536,178 | +€24,754 | +4.8% |
| Deferred charges and accrued income | 490/1 | - | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €1,600,224 | €1,774,359 | +€174,136 | +10.9% |
| Equity | 10/15 | €1,081,456 | €1,702,243 | +€620,787 | +57.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €443,940 | €1,064,727 | +€620,787 | +139.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €442,080 | €1,062,867 | +€620,787 | +140.4% |
| Profit (loss) carried forward | 14 | €618,916 | €618,916 | = | 0.0% |
| Amounts payable | 17/49 | €518,768 | €72,116 | -€446,652 | -86.1% |
| Amounts payable within one year | 42/48 | €518,768 | €71,118 | -€447,650 | -86.3% |
| Financial debts | 43 | €17,897 | - | -€17,897 | |
| Credit institutions | 430/8 | €17,897 | - | -€17,897 | |
| Trade debts | 44 | €39,631 | €11,817 | -€27,814 | -70.2% |
| Suppliers | 440/4 | €39,631 | €11,817 | -€27,814 | -70.2% |
| Taxes, remuneration and social security | 45 | €11,240 | €59,301 | +€48,061 | +427.6% |
| Taxes | 450/3 | €11,240 | €59,301 | +€48,061 | +427.6% |
| Other amounts payable | 47/48 | €450,000 | - | -€450,000 | |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,731 | €3,399 | +€668 | +24.5% |
| Other operating charges | 640/8 | €1,279 | €1,356 | +€77 | +6.1% |
| Gross operating margin | 9900 | €100,549 | €71,281 | -€29,268 | -29.1% |
| Operating profit (loss) | 9901 | €96,539 | €66,526 | -€30,013 | -31.1% |
| Financial income | 75/76B | €5,190 | €710,623 | +€705,433 | +13591.5% |
| Recurring financial income | 75 | €5,190 | €710,623 | +€705,433 | +13591.5% |
| Financial charges | 65/66B | €888 | €212 | -€676 | -76.1% |
| Recurring financial charges | 65 | €888 | €212 | -€676 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €100,842 | €776,937 | +€676,096 | +670.5% |
| Income taxes | 67/77 | €32,082 | €85,170 | +€53,089 | +165.5% |
| Profit (loss) for the period | 9904 | €68,760 | €691,767 | +€623,007 | +906.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,760 | €691,767 | +€623,007 | +906.1% |
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 11 October 2026 via checked.be.