TECHNOLUB: 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.
TECHNOLUB
Largest movements
- Receivables within one year -€720,784
down €720,784 (-92.0%), from €783,615 to €62,831
of which Other amounts receivable: -€462,062
- Cash +€700,667
up €700,667 (+91.0%), from €770,042 to €1.5m
mainly Receivables within one year (+€720,784) and Net result for the year (+€214,497)
- Intangible fixed assets -€18,000
down €18,000 (-43.9%), from €40,981 to €22,981
- Trade debts -€280,792
down €280,792 (-92.9%), from €302,173 to €21,381
- Reserves +€214,497
up €214,497 (+17.2%), from €1.2m to €1.5m
- Advances received +€64,218
new in 2025: €64,218
- Accrued charges and deferred income -€36,040
down €36,040 (-100.0%), from €36,040 to €0
- Gross operating margin -€14,837
down €14,837 (-4.8%), from €309,107 to €294,270
- Taxes -€4,364
down €4,364 (-5.8%), from €75,863 to €71,499
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 | €1,676,790 | €1,638,673 | -€38,117 | -2.3% |
| Fixed assets | 21/28 | €123,133 | €105,133 | -€18,000 | -14.6% |
| Intangible fixed assets | 21 | €40,981 | €22,981 | -€18,000 | -43.9% |
| Tangible fixed assets | 22/27 | €50,000 | €50,000 | = | 0.0% |
| Land and buildings | 22 | €50,000 | €50,000 | = | 0.0% |
| Financial fixed assets | 28 | €32,152 | €32,152 | = | 0.0% |
| Current assets | 29/58 | €1,553,657 | €1,533,540 | -€20,117 | -1.3% |
| Amounts receivable within one year | 40/41 | €783,615 | €62,831 | -€720,784 | -92.0% |
| Trade receivables | 40 | €302,990 | €44,268 | -€258,722 | -85.4% |
| Other amounts receivable | 41 | €480,625 | €18,563 | -€462,062 | -96.1% |
| Cash at bank and in hand | 54/58 | €770,042 | €1,470,709 | +€700,667 | +91.0% |
| Total equity and liabilities | 10/49 | €1,676,790 | €1,638,673 | -€38,117 | -2.3% |
| Equity | 10/15 | €1,337,714 | €1,552,211 | +€214,497 | +16.0% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €1,247,714 | €1,462,211 | +€214,497 | +17.2% |
| Distributable reserves | 133 | €1,247,714 | €1,462,211 | +€214,497 | +17.2% |
| Amounts payable | 17/49 | €339,076 | €86,462 | -€252,614 | -74.5% |
| Amounts payable within one year | 42/48 | €303,036 | €86,462 | -€216,574 | -71.5% |
| Trade debts | 44 | €302,173 | €21,381 | -€280,792 | -92.9% |
| Suppliers | 440/4 | €302,173 | €21,381 | -€280,792 | -92.9% |
| Advances received on contracts in progress | 46 | - | €64,218 | +€64,218 | |
| Taxes, remuneration and social security | 45 | €863 | €863 | = | 0.0% |
| Taxes | 450/3 | €863 | €863 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36,040 | €0 | -€36,040 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,000 | €18,000 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Gross operating margin | 9900 | €309,107 | €294,270 | -€14,837 | -4.8% |
| Operating profit (loss) | 9901 | €291,107 | €276,270 | -€14,837 | -5.1% |
| Financial income | 75/76B | €12,861 | €10,255 | -€2,606 | -20.3% |
| Recurring financial income | 75 | €12,861 | €10,255 | -€2,606 | -20.3% |
| Financial charges | 65/66B | €515 | €529 | +€15 | +2.9% |
| Recurring financial charges | 65 | €515 | €529 | +€15 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €303,453 | €285,996 | -€17,457 | -5.8% |
| Income taxes | 67/77 | €75,863 | €71,499 | -€4,364 | -5.8% |
| Profit (loss) for the period | 9904 | €227,590 | €214,497 | -€13,093 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €227,590 | €214,497 | -€13,093 | -5.8% |
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 4 October 2026 via checked.be.