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TechTask: 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.

What changed

TechTask

BE 0783.212.840
NACE 33.120, Repair and maintenance of machinery
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€38,347
2024 · €55,764-€17,416
Equity
€171,578
2024 · €133,231+€38,347
Cash
€134,657
2024 · €66,192+€68,465
Balance sheet total
€303,730
2024 · €237,868+€65,863

Largest movements

2024 to 2025
Assets
  • Cash +€68,465

    up €68,465 (+103.4%), from €66,192 to €134,657

    mainly Debts after one year (+€45,550) and Receivables within one year (+€39,270)

  • Receivables within one year -€39,270

    down €39,270 (-43.3%), from €90,728 to €51,458

    of which Trade receivables: -€34,841

  • Tangible fixed assets +€36,520

    up €36,520 (+46.8%), from €78,096 to €114,616

    of which Plant, machinery and equipment: +€46,203

Equity and liabilities
  • Debts after one year +€45,550

    up €45,550 (+151.1%), from €30,150 to €75,701

  • Reserves +€38,347

    up €38,347 (+31.1%), from €123,231 to €161,578

  • Trade debts -€20,478

    down €20,478 (-82.7%), from €24,748 to €4,270

  • Current portion of long-term debt +€15,692

    up €15,692 (+178.6%), from €8,784 to €24,475

  • Tax, wage and social debts -€13,041

    down €13,041 (-93.5%), from €13,950 to €909

Income statement
  • Depreciation +€12,994

    up €12,994 (+59.2%), from €21,948 to €34,942

  • Gross operating margin -€11,036

    down €11,036 (-9.6%), from €114,760 to €103,724

  • Taxes -€5,611

    down €5,611 (-40.2%), from €13,954 to €8,343

  • Other operating charges -€2,202

    down €2,202 (-11.3%), from €19,560 to €17,358

  • Financial charges +€1,316

    up €1,316 (+37.2%), from €3,535 to €4,851

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €55,764
Gross operating margin -€11,036
Depreciation -€12,994
Other operating charges +€2,202
Financial income +€118
Financial charges -€1,316
Taxes +€5,611
Result 2025 €38,347

Cash bridge derived

cash 2024 to 2025

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.

From operations +€78,686
Investment -€71,462
Financing +€61,242
Cash 2024 €66,192
Net result for the year +€38,347
Depreciation +€34,942
Receivables within one year +€39,270
Deferred charges and accrued income -€147
Trade debts -€20,478
Tax, wage and social debts -€13,041
Accrued charges and deferred income -€208
Investment in fixed assets (net) -€71,462
Debts after one year +€45,550
Current portion of long-term debt +€15,692
Cash 2025 €134,657
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €237,868 €303,730 +€65,863 +27.7%
Fixed assets 21/28 €78,096 €114,616 +€36,520 +46.8%
Tangible fixed assets 22/27 €78,096 €114,616 +€36,520 +46.8%
Plant, machinery and equipment 23 €39,397 €85,600 +€46,203 +117.3%
Furniture and vehicles 24 €38,698 €29,015 -€9,683 -25.0%
Current assets 29/58 €159,772 €189,115 +€29,343 +18.4%
Amounts receivable within one year 40/41 €90,728 €51,458 -€39,270 -43.3%
Trade receivables 40 €85,079 €50,238 -€34,841 -41.0%
Other amounts receivable 41 €5,649 €1,220 -€4,429 -78.4%
Cash at bank and in hand 54/58 €66,192 €134,657 +€68,465 +103.4%
Deferred charges and accrued income 490/1 €2,852 €3,000 +€147 +5.2%
Total equity and liabilities 10/49 €237,868 €303,730 +€65,863 +27.7%
Equity 10/15 €133,231 €171,578 +€38,347 +28.8%
Contributions 10/11 €10,000 €10,000 = 0.0%
Reserves 13 €123,231 €161,578 +€38,347 +31.1%
Distributable reserves 133 €123,231 €161,578 +€38,347 +31.1%
Amounts payable 17/49 €104,637 €132,152 +€27,515 +26.3%
Amounts payable after more than one year 17 €30,150 €75,701 +€45,550 +151.1%
Financial debts 170/4 €30,150 €75,701 +€45,550 +151.1%
Amounts payable within one year 42/48 €72,482 €54,655 -€17,827 -24.6%
Current portion of amounts payable after more than one year 42 €8,784 €24,475 +€15,692 +178.6%
Trade debts 44 €24,748 €4,270 -€20,478 -82.7%
Suppliers 440/4 €24,748 €4,270 -€20,478 -82.7%
Taxes, remuneration and social security 45 €13,950 €909 -€13,041 -93.5%
Taxes 450/3 €13,950 €909 -€13,041 -93.5%
Other amounts payable 47/48 €25,000 €25,000 = 0.0%
Accrued charges and deferred income 492/3 €2,005 €1,797 -€208 -10.4%
Non-recurring operating income 76A €2,253 - -€2,253
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €21,948 €34,942 +€12,994 +59.2%
Other operating charges 640/8 €19,560 €17,358 -€2,202 -11.3%
Gross operating margin 9900 €114,760 €103,724 -€11,036 -9.6%
Operating profit (loss) 9901 €73,252 €51,424 -€21,828 -29.8%
Financial income 75/76B - €118 +€118
Recurring financial income 75 - €118 +€118
Financial charges 65/66B €3,535 €4,851 +€1,316 +37.2%
Recurring financial charges 65 €3,535 €4,851 +€1,316 +37.2%
Profit (loss) for the period before taxes 9903 €69,717 €46,690 -€23,027 -33.0%
Income taxes 67/77 €13,954 €8,343 -€5,611 -40.2%
Profit (loss) for the period 9904 €55,764 €38,347 -€17,416 -31.2%
Profit (loss) for the period to be appropriated 9905 €55,764 €38,347 -€17,416 -31.2%

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.