TECHNOP: 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.
TECHNOP
Largest movements
- Receivables within one year +€283,603
up €283,603 (+33.8%), from €839,187 to €1.1m
of which Trade receivables: +€306,709
- Current investments -€98,648
down €98,648 (-17.9%), from €551,509 to €452,861
- Stocks and contracts +€90,451
up €90,451 (+7.3%), from €1.2m to €1.3m
- Tangible fixed assets -€57,324
down €57,324 (-26.2%), from €218,931 to €161,607
of which Furniture and vehicles: -€48,834
- Trade debts +€179,650
up €179,650 (+55.4%), from €324,365 to €504,015
- Reserves +€96,500
up €96,500 (+5.3%), from €1.8m to €1.9m
of which Distributable reserves: +€96,500
- Tax, wage and social debts +€45,573
up €45,573 (+25.0%), from €182,016 to €227,589
of which Taxes: +€36,826
- Gross operating margin +€118,719
up €118,719 (+9.7%), from €1.2m to €1.3m
- Staff costs -€73,417
down €73,417 (-5.9%), from €1.2m to €1.2m
- Other operating charges -€68,863
down €68,863 (-87.5%), from €78,676 to €9,813
- Financial income +€47,550
up €47,550 (+345.8%), from €13,750 to €61,300
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 | €2,981,995 | €3,272,572 | +€290,577 | +9.7% |
| Fixed assets | 21/28 | €295,251 | €264,656 | -€30,595 | -10.4% |
| Intangible fixed assets | 21 | €61,257 | €78,666 | +€17,409 | +28.4% |
| Tangible fixed assets | 22/27 | €218,931 | €161,607 | -€57,324 | -26.2% |
| Plant, machinery and equipment | 23 | €7,363 | €6,674 | -€689 | -9.4% |
| Furniture and vehicles | 24 | €191,744 | €142,910 | -€48,834 | -25.5% |
| Other tangible fixed assets | 26 | €19,824 | €12,023 | -€7,801 | -39.4% |
| Financial fixed assets | 28 | €15,063 | €24,383 | +€9,320 | +61.9% |
| Current assets | 29/58 | €2,686,744 | €3,007,916 | +€321,172 | +12.0% |
| Stocks and contracts in progress | 3 | €1,234,015 | €1,324,465 | +€90,451 | +7.3% |
| Stocks | 30/36 | €1,234,015 | €1,324,465 | +€90,451 | +7.3% |
| Amounts receivable within one year | 40/41 | €839,187 | €1,122,790 | +€283,603 | +33.8% |
| Trade receivables | 40 | €816,082 | €1,122,790 | +€306,709 | +37.6% |
| Other amounts receivable | 41 | €23,106 | - | -€23,106 | |
| Current investments | 50/53 | €551,509 | €452,861 | -€98,648 | -17.9% |
| Cash at bank and in hand | 54/58 | €56,380 | €72,354 | +€15,974 | +28.3% |
| Deferred charges and accrued income | 490/1 | €5,653 | €35,445 | +€29,792 | +527.0% |
| Total equity and liabilities | 10/49 | €2,981,995 | €3,272,572 | +€290,577 | +9.7% |
| Equity | 10/15 | €2,137,523 | €2,234,077 | +€96,554 | +4.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,821,050 | €1,917,550 | +€96,500 | +5.3% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €1,811,050 | €1,907,550 | +€96,500 | +5.3% |
| Profit (loss) carried forward | 14 | €216,473 | €216,527 | +€54 | 0.0% |
| Amounts payable | 17/49 | €844,472 | €1,038,495 | +€194,023 | +23.0% |
| Amounts payable within one year | 42/48 | €844,472 | €1,038,495 | +€194,023 | +23.0% |
| Trade debts | 44 | €324,365 | €504,015 | +€179,650 | +55.4% |
| Suppliers | 440/4 | €324,365 | €504,015 | +€179,650 | +55.4% |
| Taxes, remuneration and social security | 45 | €182,016 | €227,589 | +€45,573 | +25.0% |
| Taxes | 450/3 | €62,504 | €99,329 | +€36,826 | +58.9% |
| Remuneration and social security | 454/9 | €119,513 | €128,260 | +€8,747 | +7.3% |
| Other amounts payable | 47/48 | €338,091 | €306,891 | -€31,200 | -9.2% |
| Non-recurring operating income | 76A | €7,000 | €1,500 | -€5,500 | -78.6% |
| Remuneration, social security and pensions | 62 | €1,242,672 | €1,169,255 | -€73,417 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,457 | €109,087 | +€2,630 | +2.5% |
| Other operating charges | 640/8 | €78,676 | €9,813 | -€68,863 | -87.5% |
| Non-recurring operating charges | 66A | €1,840 | - | -€1,840 | |
| Gross operating margin | 9900 | €1,227,453 | €1,346,172 | +€118,719 | +9.7% |
| Operating profit (loss) | 9901 | -€202,191 | €58,017 | +€260,208 | |
| Financial income | 75/76B | €13,750 | €61,300 | +€47,550 | +345.8% |
| Recurring financial income | 75 | €13,750 | €61,300 | +€47,550 | +345.8% |
| Financial charges | 65/66B | €15,315 | €11,437 | -€3,878 | -25.3% |
| Recurring financial charges | 65 | €15,315 | €11,437 | -€3,878 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | -€203,756 | €107,880 | +€311,635 | |
| Income taxes | 67/77 | €1,754 | €11,325 | +€9,571 | +545.6% |
| Profit (loss) for the period | 9904 | -€205,510 | €96,554 | +€302,064 | |
| Profit (loss) for the period to be appropriated | 9905 | -€205,510 | €96,554 | +€302,064 |
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.