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Technozen: 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.

What changed

Technozen

BE 0840.510.245
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2019 against 2023not consecutivefiled annual accounts (NBB)
Net result for the year
-€90
2019 · -€13,817+€13,727
Equity
€1,412
2019 · €2,662-€1,250
Cash
€265
2019 · €928-€663
Balance sheet total
€3,219
2019 · €6,011-€2,792

Largest movements

2019 to 2023
Assets
  • Tangible fixed assets -€3,398

    down €3,398 (-100.0%), from €3,398 to €0

  • Receivables within one year +€1,269

    up €1,269 (+75.3%), from €1,685 to €2,954

    of which Trade receivables: +€1,630

  • Cash -€663

    down €663 (-71.4%), from €928 to €265

Equity and liabilities
  • Contributions -€7,001

    down €7,001 (-46.7%), from €15,001 to €8,000

  • Profit (loss) carried forward +€5,752

    up €5,752 (+41.6%), from -€13,817 to -€8,065

  • Debts within one year -€1,542

    down €1,542 (-46.0%), from €3,349 to €1,807

    of which Trade debts: -€919

Income statement
  • Gross operating margin +€11,863

    up €11,863, from -€10,342 to €1,521

  • Turnover -€5,551

    down €5,551 (-79.9%), from €6,951 to €1,400

  • Depreciation -€3,030

    down €3,030 (-100.0%), from €3,030 to €0

  • Other operating charges +€1,488

    new in 2023: €1,488

  • Financial charges +€123

    new in 2023: €123

From the 2019 result to the 2023 result

effect on the 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.

Result 2019 -€13,817
Gross operating margin +€11,863
Depreciation +€3,030
Other operating charges -€1,488
Other operating items +€347
Financial charges -€123
Other financial items +€98
Result 2023 -€90

Cash bridge derived

cash 2019 to 2023

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 36 lines
Line Code 2019 2023 Change %
Total assets 20/58 €6,011 €3,219 -€2,792 -46.4%
Formation expenses 20 - €0 =
Fixed assets 21/28 €3,398 €0 -€3,398 -100.0%
Tangible fixed assets 22/27 €3,398 €0 -€3,398 -100.0%
Furniture and vehicles 24 - €0 =
Current assets 29/58 €2,613 €3,219 +€606 +23.2%
Amounts receivable within one year 40/41 €1,685 €2,954 +€1,269 +75.3%
Trade receivables 40 - €1,630 +€1,630
Other amounts receivable 41 - €1,324 +€1,324
Cash at bank and in hand 54/58 €928 €265 -€663 -71.4%
Total equity and liabilities 10/49 €6,011 €3,219 -€2,792 -46.4%
Equity 10/15 €2,662 €1,412 -€1,250 -47.0%
Contributions 10/11 €15,001 €8,000 -€7,001 -46.7%
Capital 10 - €8,000 +€8,000
Issued capital 100 - €8,000 +€8,000
Reserves 13 €1,478 €1,477 -€1 -0.1%
Non-distributable reserves 130/1 - €1,477 +€1,477
Legal reserve 130 - €1,477 +€1,477
Profit (loss) carried forward 14 -€13,817 -€8,065 +€5,752 +41.6%
Amounts payable 17/49 €3,349 €1,807 -€1,542 -46.0%
Amounts payable within one year 42/48 €3,349 €1,807 -€1,542 -46.0%
Trade debts 44 €919 - -€919
Taxes, remuneration and social security 45 - €294 +€294
Taxes 450/3 - €294 +€294
Other amounts payable 47/48 - €1,513 +€1,513
Turnover 70 €6,951 €1,400 -€5,551 -79.9%
Goods, raw materials, services and sundry goods 60/61 - €121 +€121
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,030 €0 -€3,030 -100.0%
Other operating charges 640/8 - €1,488 +€1,488
Gross operating margin 9900 -€10,342 €1,521 +€11,863
Operating profit (loss) 9901 -€13,719 €33 +€13,752
Financial charges 65/66B - €123 +€123
Recurring financial charges 65 €98 €123 +€25 +25.5%
Profit (loss) for the period before taxes 9903 -€13,817 -€90 +€13,727 +99.3%
Profit (loss) for the period 9904 -€13,817 -€90 +€13,727 +99.3%
Profit (loss) for the period to be appropriated 9905 -€13,817 -€90 +€13,727 +99.3%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2019 and 30 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.