TECHPROJECT: 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.
TECHPROJECT
Largest movements
- Tangible fixed assets -€6,997
down €6,997 (-79.0%), from €8,860 to €1,863
of which Furniture and vehicles: -€7,909
- Cash +€5,490
up €5,490 (+8.7%), from €63,148 to €68,638
mainly Net result for the year (+€47,672) and Other debts (+€5,846)
- Receivables within one year +€2,509
up €2,509 (+21.1%), from €11,899 to €14,408
of which Trade receivables: +€3,595
- Other debts +€5,846
up €5,846 (+13.0%), from €44,928 to €50,774
- Profit (loss) carried forward -€5,416
no longer reported in 2025 (was €5,416)
- Tax, wage and social debts +€2,043
up €2,043 (+15.1%), from €13,563 to €15,606
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin +€27,506
up €27,506 (+65.1%), from €42,244 to €69,749
- Taxes +€5,486
up €5,486 (+73.0%), from €7,514 to €13,000
- Depreciation -€4,612
down €4,612 (-52.9%), from €8,725 to €4,113
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 | €84,523 | €85,852 | +€1,329 | +1.6% |
| Fixed assets | 21/28 | €9,475 | €2,223 | -€7,252 | -76.5% |
| Tangible fixed assets | 22/27 | €8,860 | €1,863 | -€6,997 | -79.0% |
| Furniture and vehicles | 24 | €8,860 | €951 | -€7,909 | -89.3% |
| Other tangible fixed assets | 26 | - | €912 | +€912 | |
| Financial fixed assets | 28 | €615 | €360 | -€255 | -41.5% |
| Current assets | 29/58 | €75,047 | €83,629 | +€8,582 | +11.4% |
| Amounts receivable within one year | 40/41 | €11,899 | €14,408 | +€2,509 | +21.1% |
| Trade receivables | 40 | €10,413 | €14,008 | +€3,595 | +34.5% |
| Other amounts receivable | 41 | €1,486 | €400 | -€1,086 | -73.1% |
| Cash at bank and in hand | 54/58 | €63,148 | €68,638 | +€5,490 | +8.7% |
| Deferred charges and accrued income | 490/1 | - | €583 | +€583 | |
| Total equity and liabilities | 10/49 | €84,523 | €85,852 | +€1,329 | +1.6% |
| Equity | 10/15 | €25,876 | €18,600 | -€7,276 | -28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €5,416 | - | -€5,416 | |
| Amounts payable | 17/49 | €58,646 | €67,252 | +€8,606 | +14.7% |
| Amounts payable within one year | 42/48 | €58,646 | €67,252 | +€8,606 | +14.7% |
| Financial debts | 43 | - | €152 | +€152 | |
| Credit institutions | 430/8 | - | €152 | +€152 | |
| Trade debts | 44 | €155 | €720 | +€565 | +363.9% |
| Suppliers | 440/4 | €155 | €720 | +€565 | +363.9% |
| Taxes, remuneration and social security | 45 | €13,563 | €15,606 | +€2,043 | +15.1% |
| Taxes | 450/3 | €13,563 | €15,606 | +€2,043 | +15.1% |
| Other amounts payable | 47/48 | €44,928 | €50,774 | +€5,846 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,725 | €4,113 | -€4,612 | -52.9% |
| Other operating charges | 640/8 | €682 | €701 | +€18 | +2.7% |
| Non-recurring operating charges | 66A | €51 | €4,162 | +€4,111 | +8122.7% |
| Gross operating margin | 9900 | €42,244 | €69,749 | +€27,506 | +65.1% |
| Operating profit (loss) | 9901 | €32,786 | €60,774 | +€27,989 | +85.4% |
| Financial charges | 65/66B | €124 | €102 | -€22 | -17.4% |
| Recurring financial charges | 65 | €124 | €102 | -€22 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €32,662 | €60,672 | +€28,010 | +85.8% |
| Income taxes | 67/77 | €7,514 | €13,000 | +€5,486 | +73.0% |
| Profit (loss) for the period | 9904 | €25,148 | €47,672 | +€22,525 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,148 | €47,672 | +€22,525 | +89.6% |
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 28 September 2026 via checked.be.