TECHNOLEM: 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.
TECHNOLEM
Largest movements
- Receivables within one year -€10,192
down €10,192 (-83.4%), from €12,224 to €2,033
of which Trade receivables: -€10,188
- Deferred charges and accrued income -€2,449
down €2,449 (-20.8%), from €11,767 to €9,318
- Tangible fixed assets -€770
down €770 (-84.4%), from €912 to €142
of which Furniture and vehicles: -€544
- Profit (loss) carried forward -€22,692
down €22,692 (-37.8%), from -€59,964 to -€82,656
- Other debts +€10,878
up €10,878 (+25.3%), from €42,962 to €53,840
- Trade debts -€6,598
down €6,598 (-75.3%), from €8,766 to €2,168
- Short-term financial debts +€5,253
up €5,253 (+501%), from €1,049 to €6,301
- Gross operating margin -€12,050
down €12,050 (-244%), from -€4,933 to -€16,982
- Financial charges -€985
down €985 (-20.0%), from €4,925 to €3,941
- Write-downs -€812
no longer reported in 2025 (was €812)
- Financial income -€557
down €557 (-81.4%), from €684 to €127
- Other operating charges -€229
down €229 (-19.4%), from €1,180 to €951
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 | €24,906 | €11,498 | -€13,409 | -53.8% |
| Fixed assets | 21/28 | €912 | €142 | -€770 | -84.4% |
| Tangible fixed assets | 22/27 | €912 | €142 | -€770 | -84.4% |
| Plant, machinery and equipment | 23 | €368 | €142 | -€226 | -61.5% |
| Furniture and vehicles | 24 | €544 | - | -€544 | |
| Current assets | 29/58 | €23,994 | €11,356 | -€12,638 | -52.7% |
| Amounts receivable within one year | 40/41 | €12,224 | €2,033 | -€10,192 | -83.4% |
| Trade receivables | 40 | €12,219 | €2,031 | -€10,188 | -83.4% |
| Other amounts receivable | 41 | €5 | €2 | -€4 | -67.0% |
| Cash at bank and in hand | 54/58 | €2 | €5 | +€2 | +95.9% |
| Deferred charges and accrued income | 490/1 | €11,767 | €9,318 | -€2,449 | -20.8% |
| Total equity and liabilities | 10/49 | €24,906 | €11,498 | -€13,409 | -53.8% |
| Equity | 10/15 | -€32,109 | -€54,800 | -€22,692 | -70.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,264 | €9,264 | = | 0.0% |
| Distributable reserves | 133 | €9,264 | €9,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,964 | -€82,656 | -€22,692 | -37.8% |
| Amounts payable | 17/49 | €57,015 | €66,298 | +€9,283 | +16.3% |
| Amounts payable within one year | 42/48 | €56,965 | €66,259 | +€9,295 | +16.3% |
| Financial debts | 43 | €1,049 | €6,301 | +€5,253 | +501% |
| Credit institutions | 430/8 | €1,049 | €6,301 | +€5,253 | +501% |
| Trade debts | 44 | €8,766 | €2,168 | -€6,598 | -75.3% |
| Suppliers | 440/4 | €8,766 | €2,168 | -€6,598 | -75.3% |
| Taxes, remuneration and social security | 45 | €4,188 | €3,950 | -€238 | -5.7% |
| Taxes | 450/3 | €4,188 | €2,550 | -€1,638 | -39.1% |
| Remuneration and social security | 454/9 | - | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €42,962 | €53,840 | +€10,878 | +25.3% |
| Accrued charges and deferred income | 492/3 | €50 | €39 | -€11 | -22.5% |
| Non-recurring operating income | 76A | €6,427 | - | -€6,427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €770 | -€74 | -8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €812 | - | -€812 | |
| Other operating charges | 640/8 | €1,180 | €951 | -€229 | -19.4% |
| Gross operating margin | 9900 | -€4,933 | -€16,982 | -€12,050 | -244% |
| Operating profit (loss) | 9901 | -€7,769 | -€18,704 | -€10,935 | -141% |
| Financial income | 75/76B | €684 | €127 | -€557 | -81.4% |
| Recurring financial income | 75 | €684 | €127 | -€557 | -81.4% |
| Financial charges | 65/66B | €4,925 | €3,941 | -€985 | -20.0% |
| Recurring financial charges | 65 | €4,925 | €3,941 | -€985 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,011 | -€22,518 | -€10,507 | -87.5% |
| Income taxes | 67/77 | €193 | €174 | -€19 | -9.9% |
| Profit (loss) for the period | 9904 | -€12,204 | -€22,692 | -€10,488 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,204 | -€22,692 | -€10,488 | -85.9% |
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 22 October 2026 via checked.be.