TECHSTO: 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.
TECHSTO
Largest movements
- Cash -€12,123
down €12,123 (-16.9%), from €71,739 to €59,616
mainly Contributions, distributions and other (-€68,000) and Other debts (-€8,341)
- Receivables within one year +€1,815
up €1,815 (+10.0%), from €18,150 to €19,965
- Deferred charges and accrued income +€1,593
up €1,593 (+259.0%), from €615 to €2,208
- Tangible fixed assets -€1,217
down €1,217 (-30.6%), from €3,982 to €2,765
- Other debts -€8,341
down €8,341 (-10.3%), from €80,663 to €72,322
- Tax, wage and social debts -€1,492
down €1,492 (-22.3%), from €6,675 to €5,183
- Gross operating margin -€6,921
down €6,921 (-7.3%), from €95,179 to €88,258
- Taxes -€1,313
down €1,313 (-7.0%), from €18,747 to €17,434
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 | €94,529 | €84,597 | -€9,932 | -10.5% |
| Fixed assets | 21/28 | €4,025 | €2,809 | -€1,216 | -30.2% |
| Tangible fixed assets | 22/27 | €3,982 | €2,765 | -€1,217 | -30.6% |
| Furniture and vehicles | 24 | €3,982 | €2,765 | -€1,217 | -30.6% |
| Financial fixed assets | 28 | €43 | €43 | +€0 | +0.7% |
| Current assets | 29/58 | €90,504 | €81,788 | -€8,716 | -9.6% |
| Amounts receivable within one year | 40/41 | €18,150 | €19,965 | +€1,815 | +10.0% |
| Trade receivables | 40 | €18,150 | €19,965 | +€1,815 | +10.0% |
| Cash at bank and in hand | 54/58 | €71,739 | €59,616 | -€12,123 | -16.9% |
| Deferred charges and accrued income | 490/1 | €615 | €2,208 | +€1,593 | +259.0% |
| Total equity and liabilities | 10/49 | €94,529 | €84,597 | -€9,932 | -10.5% |
| Equity | 10/15 | €5,442 | €5,087 | -€355 | -6.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,442 | €2,087 | -€355 | -14.5% |
| Amounts payable | 17/49 | €89,087 | €79,509 | -€9,578 | -10.8% |
| Amounts payable within one year | 42/48 | €89,087 | €79,509 | -€9,578 | -10.8% |
| Trade debts | 44 | €1,749 | €2,004 | +€255 | +14.6% |
| Suppliers | 440/4 | €1,749 | €2,004 | +€255 | +14.6% |
| Taxes, remuneration and social security | 45 | €6,675 | €5,183 | -€1,492 | -22.3% |
| Taxes | 450/3 | €6,675 | €5,183 | -€1,492 | -22.3% |
| Other amounts payable | 47/48 | €80,663 | €72,322 | -€8,341 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,217 | €1,217 | -€0 | 0.0% |
| Other operating charges | 640/8 | €455 | €527 | +€72 | +15.7% |
| Gross operating margin | 9900 | €95,179 | €88,258 | -€6,921 | -7.3% |
| Operating profit (loss) | 9901 | €93,507 | €86,515 | -€6,992 | -7.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,331 | €1,435 | +€104 | +7.8% |
| Recurring financial charges | 65 | €1,331 | €1,435 | +€104 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €92,176 | €85,079 | -€7,097 | -7.7% |
| Income taxes | 67/77 | €18,747 | €17,434 | -€1,313 | -7.0% |
| Profit (loss) for the period | 9904 | €73,429 | €67,646 | -€5,783 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,429 | €67,646 | -€5,783 | -7.9% |
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 6 October 2026 via checked.be.