Technovit Glastechniek: what changed
Technovit Glastechniek
Largest movements
- Current investments -€100,000
down €100,000 (-16.7%), from €600,000 to €500,000
- Receivables within one year +€39,102
up €39,102 (+106%), from €37,063 to €76,164
of which Trade receivables: +€29,883
- Cash +€34,394
up €34,394 (+41.5%), from €82,943 to €117,336
mainly Current investments (+€100,000) and Trade debts (+€55,974)
- Trade debts +€55,974
up €55,974 (+144%), from €39,002 to €94,976
- Advances received -€33,600
down €33,600 (-19.3%), from €173,985 to €140,385
- Reserves -€30,523
down €30,523 (-4.8%), from €637,889 to €607,365
of which Distributable reserves: -€30,523
- Debts after one year -€15,561
no longer reported in 2025 (was €15,561)
- Provisions -€13,849
down €13,849 (-22.7%), from €60,941 to €47,092
- Gross operating margin +€30,697
up €30,697 (+47.0%), from €65,360 to €96,057
- Taxes +€24,554
up €24,554 (+141%), from €17,462 to €42,016
- Depreciation -€22,610
down €22,610 (-75.8%), from €29,815 to €7,204
- Financial income -€14,852
down €14,852 (-56.6%), from €26,218 to €11,366
- Provisions +€14,153
no longer reported in 2025 (was -€14,153)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €983,471 | €949,762 | -€33,709 | -3.4% |
| Fixed assets | 21/28 | €263,466 | €256,262 | -€7,204 | -2.7% |
| Tangible fixed assets | 22/27 | €263,466 | €256,262 | -€7,204 | -2.7% |
| Land and buildings | 22 | €259,567 | €252,920 | -€6,647 | -2.6% |
| Plant, machinery and equipment | 23 | €3,899 | €3,342 | -€557 | -14.3% |
| Current assets | 29/58 | €720,005 | €693,501 | -€26,505 | -3.7% |
| Amounts receivable within one year | 40/41 | €37,063 | €76,164 | +€39,102 | +106% |
| Trade receivables | 40 | €32,330 | €62,213 | +€29,883 | +92.4% |
| Other amounts receivable | 41 | €4,732 | €13,951 | +€9,218 | +195% |
| Current investments | 50/53 | €600,000 | €500,000 | -€100,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €82,943 | €117,336 | +€34,394 | +41.5% |
| Total equity and liabilities | 10/49 | €983,471 | €949,762 | -€33,709 | -3.4% |
| Equity | 10/15 | €656,481 | €625,957 | -€30,523 | -4.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €637,889 | €607,365 | -€30,523 | -4.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €624,030 | €593,506 | -€30,523 | -4.9% |
| Provisions and deferred taxes | 16 | €60,941 | €47,092 | -€13,849 | -22.7% |
| Provisions for liabilities and charges | 160/5 | €60,941 | €47,092 | -€13,849 | -22.7% |
| Environmental obligations | 163 | €58,865 | €47,092 | -€11,773 | -20.0% |
| Other liabilities and charges | 164/5 | €2,076 | - | -€2,076 | |
| Amounts payable | 17/49 | €266,050 | €276,713 | +€10,664 | +4.0% |
| Amounts payable after more than one year | 17 | €15,561 | - | -€15,561 | |
| Financial debts | 170/4 | €15,561 | - | -€15,561 | |
| Amounts payable within one year | 42/48 | €250,489 | €276,713 | +€26,224 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €20,338 | €15,561 | -€4,777 | -23.5% |
| Trade debts | 44 | €39,002 | €94,976 | +€55,974 | +144% |
| Suppliers | 440/4 | €39,002 | €94,976 | +€55,974 | +144% |
| Advances received on contracts in progress | 46 | €173,985 | €140,385 | -€33,600 | -19.3% |
| Taxes, remuneration and social security | 45 | €16,614 | €25,791 | +€9,177 | +55.2% |
| Taxes | 450/3 | €16,614 | €25,791 | +€9,177 | +55.2% |
| Other amounts payable | 47/48 | €549 | - | -€549 | |
| Non-recurring operating income | 76A | - | €13,849 | +€13,849 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,815 | €7,204 | -€22,610 | -75.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,153 | - | +€14,153 | |
| Other operating charges | 640/8 | €12,012 | €12,978 | +€966 | +8.0% |
| Gross operating margin | 9900 | €65,360 | €96,057 | +€30,697 | +47.0% |
| Operating profit (loss) | 9901 | €37,687 | €75,875 | +€38,188 | +101% |
| Financial income | 75/76B | €26,218 | €11,366 | -€14,852 | -56.6% |
| Recurring financial income | 75 | €26,218 | €11,366 | -€14,852 | -56.6% |
| Financial charges | 65/66B | €2,957 | €2,427 | -€531 | -17.9% |
| Recurring financial charges | 65 | €2,957 | €2,427 | -€531 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €60,947 | €84,814 | +€23,867 | +39.2% |
| Income taxes | 67/77 | €17,462 | €42,016 | +€24,554 | +141% |
| Profit (loss) for the period | 9904 | €43,485 | €42,798 | -€687 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,485 | €42,798 | -€687 | -1.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.