TECHSQUARE: 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.
TECHSQUARE
Largest movements
- Receivables within one year +€147,997
up €147,997 (+422.5%), from €35,030 to €183,026
of which Trade receivables: +€147,886
- Cash -€17,734
down €17,734 (-63.9%), from €27,759 to €10,026
mainly Receivables within one year (-€147,997) and Tax, wage and social debts (-€1,153)
- Trade debts +€80,246
up €80,246 (+164.1%), from €48,910 to €129,155
- Other debts +€50,446
new in 2025: €50,446
- Gross operating margin +€29,758
up €29,758 (+32.3%), from €92,094 to €121,852
- Staff costs +€25,838
up €25,838 (+28.4%), from €90,958 to €116,796
- Taxes +€2,190
up €2,190 (+762.4%), from €287 to €2,478
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 | €63,460 | €194,442 | +€130,981 | +206.4% |
| Fixed assets | 21/28 | €540 | - | -€540 | |
| Intangible fixed assets | 21 | €540 | - | -€540 | |
| Current assets | 29/58 | €62,920 | €194,442 | +€131,521 | +209.0% |
| Amounts receivable within one year | 40/41 | €35,030 | €183,026 | +€147,997 | +422.5% |
| Trade receivables | 40 | €35,030 | €182,916 | +€147,886 | +422.2% |
| Other amounts receivable | 41 | - | €110 | +€110 | |
| Current investments | 50/53 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €27,759 | €10,026 | -€17,734 | -63.9% |
| Deferred charges and accrued income | 490/1 | €132 | €390 | +€258 | +196.1% |
| Total equity and liabilities | 10/49 | €63,460 | €194,442 | +€130,981 | +206.4% |
| Equity | 10/15 | €515 | €1,957 | +€1,443 | +280.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €1,000 | +€1,000 | |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Own shares acquired | 1312 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€4,485 | -€4,043 | +€443 | +9.9% |
| Amounts payable | 17/49 | €62,946 | €192,485 | +€129,539 | +205.8% |
| Amounts payable within one year | 42/48 | €62,946 | €192,485 | +€129,539 | +205.8% |
| Trade debts | 44 | €48,910 | €129,155 | +€80,246 | +164.1% |
| Suppliers | 440/4 | €48,910 | €129,155 | +€80,246 | +164.1% |
| Taxes, remuneration and social security | 45 | €14,036 | €12,883 | -€1,153 | -8.2% |
| Taxes | 450/3 | €3,581 | €2,776 | -€805 | -22.5% |
| Remuneration and social security | 454/9 | €10,455 | €10,108 | -€348 | -3.3% |
| Other amounts payable | 47/48 | - | €50,446 | +€50,446 | |
| Remuneration, social security and pensions | 62 | €90,958 | €116,796 | +€25,838 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €540 | €540 | = | 0.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €92,094 | €121,852 | +€29,758 | +32.3% |
| Operating profit (loss) | 9901 | €212 | €4,129 | +€3,917 | +1852.0% |
| Financial charges | 65/66B | €315 | €208 | -€107 | -33.9% |
| Recurring financial charges | 65 | €315 | €208 | -€107 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€104 | €3,920 | +€4,024 | |
| Income taxes | 67/77 | €287 | €2,478 | +€2,190 | +762.4% |
| Profit (loss) for the period | 9904 | -€391 | €1,443 | +€1,834 | |
| Profit (loss) for the period to be appropriated | 9905 | -€391 | €1,443 | +€1,834 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.