TECHSOFT: 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.
TECHSOFT
Largest movements
- Cash +€35,339
up €35,339 (+53.3%), from €66,287 to €101,626
mainly Other debts (+€22,198) and Trade debts (+€16,533)
- Receivables within one year +€19,725
up €19,725 (+38.9%), from €50,723 to €70,448
of which Trade receivables: +€18,789
- Tangible fixed assets -€3,928
down €3,928 (-56.7%), from €6,932 to €3,004
of which Furniture and vehicles: -€2,194
- Other debts +€22,198
up €22,198 (+48.0%), from €46,257 to €68,455
- Trade debts +€16,533
up €16,533 (+825%), from €2,005 to €18,538
- Reserves +€11,700
up €11,700 (+5.1%), from €227,274 to €238,973
- Other operating charges +€845
up €845 (+47.5%), from €1,779 to €2,624
- Financial charges +€619
up €619 (+16.6%), from €3,730 to €4,349
- Taxes -€503
down €503 (-5.1%), from €9,940 to €9,437
- Gross operating margin -€475
down €475 (-1.4%), from €34,190 to €33,715
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.
Derived cash bridge
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 | €297,496 | €346,920 | +€49,424 | +16.6% |
| Fixed assets | 21/28 | €6,944 | €3,004 | -€3,939 | -56.7% |
| Intangible fixed assets | 21 | €12 | - | -€12 | |
| Tangible fixed assets | 22/27 | €6,932 | €3,004 | -€3,928 | -56.7% |
| Plant, machinery and equipment | 23 | €1,725 | €924 | -€802 | -46.5% |
| Furniture and vehicles | 24 | €3,814 | €1,621 | -€2,194 | -57.5% |
| Other tangible fixed assets | 26 | €1,392 | €460 | -€932 | -67.0% |
| Current assets | 29/58 | €290,553 | €343,916 | +€53,363 | +18.4% |
| Amounts receivable within one year | 40/41 | €50,723 | €70,448 | +€19,725 | +38.9% |
| Trade receivables | 40 | €50,023 | €68,813 | +€18,789 | +37.6% |
| Other amounts receivable | 41 | €699 | €1,635 | +€936 | +134% |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,287 | €101,626 | +€35,339 | +53.3% |
| Deferred charges and accrued income | 490/1 | €23,543 | €21,842 | -€1,701 | -7.2% |
| Total equity and liabilities | 10/49 | €297,496 | €346,920 | +€49,424 | +16.6% |
| Equity | 10/15 | €245,874 | €257,573 | +€11,700 | +4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,274 | €238,973 | +€11,700 | +5.1% |
| Distributable reserves | 133 | €227,274 | €238,973 | +€11,700 | +5.1% |
| Amounts payable | 17/49 | €51,623 | €89,347 | +€37,724 | +73.1% |
| Amounts payable within one year | 42/48 | €50,969 | €89,129 | +€38,160 | +74.9% |
| Trade debts | 44 | €2,005 | €18,538 | +€16,533 | +825% |
| Suppliers | 440/4 | €2,005 | €18,538 | +€16,533 | +825% |
| Taxes, remuneration and social security | 45 | €2,707 | €2,136 | -€571 | -21.1% |
| Taxes | 450/3 | €2,707 | €2,136 | -€571 | -21.1% |
| Other amounts payable | 47/48 | €46,257 | €68,455 | +€22,198 | +48.0% |
| Accrued charges and deferred income | 492/3 | €654 | €218 | -€436 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,886 | €3,939 | +€53 | +1.4% |
| Other operating charges | 640/8 | €1,779 | €2,624 | +€845 | +47.5% |
| Gross operating margin | 9900 | €34,190 | €33,715 | -€475 | -1.4% |
| Operating profit (loss) | 9901 | €28,524 | €27,152 | -€1,373 | -4.8% |
| Financial charges | 65/66B | €3,730 | €4,349 | +€619 | +16.6% |
| Recurring financial charges | 65 | €3,730 | €4,349 | +€619 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €24,794 | €22,803 | -€1,992 | -8.0% |
| Income taxes | 67/77 | €9,940 | €9,437 | -€503 | -5.1% |
| Profit (loss) for the period | 9904 | €14,855 | €13,366 | -€1,489 | -10.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,855 | €13,366 | -€1,489 | -10.0% |
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 16 October 2026 via checked.be.