TechTrendz: 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.
TechTrendz
Largest movements
- Receivables within one year -€30,489
down €30,489 (-76.7%), from €39,739 to €9,251
of which Trade receivables: -€31,819
- Tangible fixed assets +€21,622
up €21,622 (+109.4%), from €19,769 to €41,391
of which Furniture and vehicles: +€14,854
- Cash +€9,253
up €9,253 (+16.5%), from €56,182 to €65,435
mainly Receivables within one year (+€30,489) and Net result for the year (+€29,333)
- Financial fixed assets +€1,530
up €1,530 (+463.4%), from €330 to €1,860
- Reserves +€29,333
up €29,333 (+44.0%), from €66,697 to €96,030
- Tax, wage and social debts -€24,526
down €24,526 (-67.0%), from €36,591 to €12,065
of which Taxes: -€21,483
- Trade debts -€7,078
down €7,078 (-69.7%), from €10,150 to €3,072
- Other debts +€4,187
up €4,187 (+718.4%), from €583 to €4,770
- Staff costs +€23,058
up €23,058 (+89.4%), from €25,787 to €48,845
- Gross operating margin -€19,764
down €19,764 (-17.9%), from €110,439 to €90,676
- Taxes -€8,792
down €8,792 (-52.4%), from €16,770 to €7,978
- Depreciation +€2,964
up €2,964 (+285.5%), from €1,038 to €4,002
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 | €116,021 | €117,937 | +€1,916 | +1.7% |
| Fixed assets | 21/28 | €20,099 | €43,251 | +€23,152 | +115.2% |
| Tangible fixed assets | 22/27 | €19,769 | €41,391 | +€21,622 | +109.4% |
| Plant, machinery and equipment | 23 | €19,089 | €25,857 | +€6,768 | +35.5% |
| Furniture and vehicles | 24 | €679 | €15,533 | +€14,854 | +2186.1% |
| Financial fixed assets | 28 | €330 | €1,860 | +€1,530 | +463.4% |
| Current assets | 29/58 | €95,922 | €74,686 | -€21,236 | -22.1% |
| Amounts receivable within one year | 40/41 | €39,739 | €9,251 | -€30,489 | -76.7% |
| Trade receivables | 40 | €39,739 | €7,920 | -€31,819 | -80.1% |
| Other amounts receivable | 41 | - | €1,331 | +€1,331 | |
| Cash at bank and in hand | 54/58 | €56,182 | €65,435 | +€9,253 | +16.5% |
| Total equity and liabilities | 10/49 | €116,021 | €117,937 | +€1,916 | +1.7% |
| Equity | 10/15 | €68,697 | €98,030 | +€29,333 | +42.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €66,697 | €96,030 | +€29,333 | +44.0% |
| Distributable reserves | 133 | €66,697 | €96,030 | +€29,333 | +44.0% |
| Amounts payable | 17/49 | €47,324 | €19,906 | -€27,417 | -57.9% |
| Amounts payable within one year | 42/48 | €47,324 | €19,906 | -€27,417 | -57.9% |
| Trade debts | 44 | €10,150 | €3,072 | -€7,078 | -69.7% |
| Suppliers | 440/4 | €10,150 | €3,072 | -€7,078 | -69.7% |
| Taxes, remuneration and social security | 45 | €36,591 | €12,065 | -€24,526 | -67.0% |
| Taxes | 450/3 | €29,441 | €7,957 | -€21,483 | -73.0% |
| Remuneration and social security | 454/9 | €7,150 | €4,108 | -€3,043 | -42.6% |
| Other amounts payable | 47/48 | €583 | €4,770 | +€4,187 | +718.4% |
| Remuneration, social security and pensions | 62 | €25,787 | €48,845 | +€23,058 | +89.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,038 | €4,002 | +€2,964 | +285.5% |
| Other operating charges | 640/8 | €30 | €84 | +€53 | +176.7% |
| Gross operating margin | 9900 | €110,439 | €90,676 | -€19,764 | -17.9% |
| Operating profit (loss) | 9901 | €83,585 | €37,746 | -€45,839 | -54.8% |
| Financial income | 75/76B | - | €191 | +€191 | |
| Recurring financial income | 75 | - | €191 | +€191 | |
| Financial charges | 65/66B | €118 | €626 | +€508 | +431.8% |
| Recurring financial charges | 65 | €118 | €626 | +€508 | +431.8% |
| Profit (loss) for the period before taxes | 9903 | €83,467 | €37,311 | -€46,156 | -55.3% |
| Income taxes | 67/77 | €16,770 | €7,978 | -€8,792 | -52.4% |
| Profit (loss) for the period | 9904 | €66,697 | €29,333 | -€37,364 | -56.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,697 | €29,333 | -€37,364 | -56.0% |
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 1 October 2026 via checked.be.