TechnoVate: 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.
TechnoVate
Largest movements
- Tangible fixed assets +€21,248
up €21,248 (+354.2%), from €5,999 to €27,247
of which Other tangible fixed assets: +€16,789
- Receivables within one year +€14,728
up €14,728 (+90.0%), from €16,369 to €31,097
of which Trade receivables: +€15,851
- Deferred charges and accrued income +€965
new in 2025: €965
- Profit (loss) carried forward +€26,752
up €26,752 (+175.2%), from €15,269 to €42,021
- Tax, wage and social debts +€10,553
up €10,553 (+96.6%), from €10,922 to €21,475
- Trade debts -€967
down €967 (-51.9%), from €1,864 to €897
- Purchases and services +€97,961
up €97,961 (+251.7%), from €38,919 to €136,880
- Gross operating margin +€17,700
up €17,700 (+84.3%), from €20,986 to €38,686
- Taxes +€3,850
up €3,850 (+78.6%), from €4,900 to €8,750
- Depreciation +€2,713
up €2,713 (+330890.2%), from €1 to €2,714
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 | €31,055 | €67,698 | +€36,643 | +118.0% |
| Fixed assets | 21/28 | €5,999 | €27,247 | +€21,248 | +354.2% |
| Tangible fixed assets | 22/27 | €5,999 | €27,247 | +€21,248 | +354.2% |
| Plant, machinery and equipment | 23 | - | €859 | +€859 | |
| Furniture and vehicles | 24 | - | €3,600 | +€3,600 | |
| Other tangible fixed assets | 26 | €5,999 | €22,788 | +€16,789 | +279.9% |
| Current assets | 29/58 | €25,056 | €40,451 | +€15,395 | +61.4% |
| Amounts receivable within one year | 40/41 | €16,369 | €31,097 | +€14,728 | +90.0% |
| Trade receivables | 40 | €15,246 | €31,097 | +€15,851 | +104.0% |
| Other amounts receivable | 41 | €1,124 | - | -€1,124 | |
| Cash at bank and in hand | 54/58 | €8,687 | €8,389 | -€297 | -3.4% |
| Deferred charges and accrued income | 490/1 | - | €965 | +€965 | |
| Total equity and liabilities | 10/49 | €31,055 | €67,698 | +€36,643 | +118.0% |
| Equity | 10/15 | €18,269 | €45,021 | +€26,752 | +146.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,269 | €42,021 | +€26,752 | +175.2% |
| Amounts payable | 17/49 | €12,786 | €22,677 | +€9,890 | +77.4% |
| Amounts payable within one year | 42/48 | €12,786 | €22,677 | +€9,890 | +77.4% |
| Trade debts | 44 | €1,864 | €897 | -€967 | -51.9% |
| Suppliers | 440/4 | €1,864 | €897 | -€967 | -51.9% |
| Taxes, remuneration and social security | 45 | €10,922 | €21,475 | +€10,553 | +96.6% |
| Taxes | 450/3 | €10,922 | €21,475 | +€10,553 | +96.6% |
| Other amounts payable | 47/48 | - | €305 | +€305 | |
| Goods, raw materials, services and sundry goods | 60/61 | €38,919 | €136,880 | +€97,961 | +251.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1 | €2,714 | +€2,713 | +330890.2% |
| Other operating charges | 640/8 | €697 | €442 | -€255 | -36.6% |
| Gross operating margin | 9900 | €20,986 | €38,686 | +€17,700 | +84.3% |
| Operating profit (loss) | 9901 | €20,288 | €35,530 | +€15,242 | +75.1% |
| Financial income | 75/76B | €17 | €13 | -€4 | -22.1% |
| Recurring financial income | 75 | €17 | €13 | -€4 | -22.1% |
| Financial charges | 65/66B | €137 | €41 | -€96 | -70.2% |
| Recurring financial charges | 65 | €137 | €41 | -€96 | -70.2% |
| Profit (loss) for the period before taxes | 9903 | €20,169 | €35,502 | +€15,334 | +76.0% |
| Income taxes | 67/77 | €4,900 | €8,750 | +€3,850 | +78.6% |
| Profit (loss) for the period | 9904 | €15,269 | €26,752 | +€11,484 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,269 | €26,752 | +€11,484 | +75.2% |
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 8 October 2026 via checked.be.