TECHSOL: 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.
TECHSOL
Largest movements
- Cash -€41,117
down €41,117 (-26.9%), from €152,803 to €111,686
mainly Trade debts (-€41,672) and Other debts (-€36,736)
- Receivables within one year -€35,087
down €35,087 (-46.1%), from €76,132 to €41,045
of which Trade receivables: -€35,356
- Current investments +€10,250
up €10,250 (+151.9%), from €6,750 to €17,000
- Tangible fixed assets +€7,522
up €7,522 (+9.6%), from €78,059 to €85,581
of which Land and buildings: +€4,530
- Deferred charges and accrued income +€3,716
up €3,716 (+146.4%), from €2,538 to €6,254
- Trade debts -€41,672
down €41,672 (-79.1%), from €52,709 to €11,037
- Other debts -€36,736
down €36,736 (-49.6%), from €74,030 to €37,294
- Profit (loss) carried forward +€17,923
up €17,923 (+10.9%), from €163,862 to €181,785
- Tax, wage and social debts +€5,769
up €5,769 (+110.5%), from €5,221 to €10,990
of which Taxes: +€5,769
- Gross operating margin +€9,665
up €9,665 (+36.0%), from €26,844 to €36,510
- Taxes +€4,633
up €4,633 (+224.0%), from €2,068 to €6,701
- Financial charges -€1,051
down €1,051 (-27.2%), from €3,862 to €2,811
- Other operating charges -€618
down €618 (-73.9%), from €836 to €218
- Depreciation +€367
up €367 (+5.3%), from €6,940 to €7,306
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 | €316,283 | €261,566 | -€54,717 | -17.3% |
| Fixed assets | 21/28 | €78,059 | €85,581 | +€7,522 | +9.6% |
| Tangible fixed assets | 22/27 | €78,059 | €85,581 | +€7,522 | +9.6% |
| Land and buildings | 22 | €68,483 | €73,012 | +€4,530 | +6.6% |
| Plant, machinery and equipment | 23 | €6,144 | €10,353 | +€4,210 | +68.5% |
| Furniture and vehicles | 24 | €3,433 | €2,215 | -€1,217 | -35.5% |
| Current assets | 29/58 | €238,223 | €175,985 | -€62,239 | -26.1% |
| Amounts receivable within one year | 40/41 | €76,132 | €41,045 | -€35,087 | -46.1% |
| Trade receivables | 40 | €67,291 | €31,936 | -€35,356 | -52.5% |
| Other amounts receivable | 41 | €8,841 | €9,110 | +€269 | +3.0% |
| Current investments | 50/53 | €6,750 | €17,000 | +€10,250 | +151.9% |
| Cash at bank and in hand | 54/58 | €152,803 | €111,686 | -€41,117 | -26.9% |
| Deferred charges and accrued income | 490/1 | €2,538 | €6,254 | +€3,716 | +146.4% |
| Total equity and liabilities | 10/49 | €316,283 | €261,566 | -€54,717 | -17.3% |
| Equity | 10/15 | €184,322 | €202,245 | +€17,923 | +9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €163,862 | €181,785 | +€17,923 | +10.9% |
| Amounts payable | 17/49 | €131,960 | €59,321 | -€72,639 | -55.0% |
| Amounts payable within one year | 42/48 | €131,960 | €59,321 | -€72,639 | -55.0% |
| Trade debts | 44 | €52,709 | €11,037 | -€41,672 | -79.1% |
| Suppliers | 440/4 | €52,709 | €11,037 | -€41,672 | -79.1% |
| Taxes, remuneration and social security | 45 | €5,221 | €10,990 | +€5,769 | +110.5% |
| Taxes | 450/3 | €2,545 | €8,313 | +€5,769 | +226.7% |
| Remuneration and social security | 454/9 | €2,676 | €2,676 | = | 0.0% |
| Other amounts payable | 47/48 | €74,030 | €37,294 | -€36,736 | -49.6% |
| Remuneration, social security and pensions | 62 | €2,010 | €1,807 | -€203 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,940 | €7,306 | +€367 | +5.3% |
| Other operating charges | 640/8 | €836 | €218 | -€618 | -73.9% |
| Gross operating margin | 9900 | €26,844 | €36,510 | +€9,665 | +36.0% |
| Operating profit (loss) | 9901 | €17,059 | €27,178 | +€10,119 | +59.3% |
| Financial income | 75/76B | €32 | €256 | +€224 | +692.1% |
| Recurring financial income | 75 | €32 | €256 | +€224 | +692.1% |
| Financial charges | 65/66B | €3,862 | €2,811 | -€1,051 | -27.2% |
| Recurring financial charges | 65 | €3,862 | €2,811 | -€1,051 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €13,230 | €24,624 | +€11,394 | +86.1% |
| Income taxes | 67/77 | €2,068 | €6,701 | +€4,633 | +224.0% |
| Profit (loss) for the period | 9904 | €11,161 | €17,923 | +€6,761 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,161 | €17,923 | +€6,761 | +60.6% |
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 8 October 2026 via checked.be.