TECHTRONIX: 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.
TECHTRONIX
Largest movements
- Cash -€73,516
down €73,516 (-97.8%), from €75,170 to €1,654
mainly Net result for the year (-€82,989) and Contributions, distributions and other (-€20,749)
- Receivables after one year +€10,000
up €10,000 (+10.9%), from €92,000 to €102,000
- Receivables within one year -€4,999
down €4,999 (-37.2%), from €13,432 to €8,433
of which Other amounts receivable: -€4,999
- Tangible fixed assets -€2,330
down €2,330 (-22.0%), from €10,601 to €8,271
of which Furniture and vehicles: -€1,355
- Profit (loss) carried forward -€82,989
down €82,989, from €0 to -€82,989
- Other debts +€47,842
new in 2025: €47,842
- Reserves -€20,749
down €20,749 (-13.1%), from €158,234 to €137,485
of which Distributable reserves: -€20,749
- Tax, wage and social debts -€10,772
down €10,772 (-100%), from €10,772 to €0
- Short-term financial debts -€2,852
down €2,852 (-94.9%), from €3,004 to €152
- Gross operating margin -€110,520
down €110,520, from €58,637 to -€51,883
- Taxes -€13,201
down €13,201 (-97.5%), from €13,544 to €343
- Financial charges +€1,799
up €1,799 (+7.0%), from €25,567 to €27,366
- Financial income -€936
down €936 (-99.5%), from €941 to €5
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.
Derived cash bridge
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 | €192,391 | €121,674 | -€70,718 | -36.8% |
| Fixed assets | 21/28 | €10,601 | €8,271 | -€2,330 | -22.0% |
| Tangible fixed assets | 22/27 | €10,601 | €8,271 | -€2,330 | -22.0% |
| Land and buildings | 22 | €5,000 | €4,545 | -€455 | -9.1% |
| Plant, machinery and equipment | 23 | €2,051 | €1,531 | -€520 | -25.3% |
| Furniture and vehicles | 24 | €3,551 | €2,195 | -€1,355 | -38.2% |
| Current assets | 29/58 | €181,790 | €113,402 | -€68,388 | -37.6% |
| Amounts receivable after more than one year | 29 | €92,000 | €102,000 | +€10,000 | +10.9% |
| Other amounts receivable | 291 | €92,000 | €102,000 | +€10,000 | +10.9% |
| Amounts receivable within one year | 40/41 | €13,432 | €8,433 | -€4,999 | -37.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €13,432 | €8,433 | -€4,999 | -37.2% |
| Cash at bank and in hand | 54/58 | €75,170 | €1,654 | -€73,516 | -97.8% |
| Deferred charges and accrued income | 490/1 | €1,188 | €1,315 | +€127 | +10.7% |
| Total equity and liabilities | 10/49 | €192,391 | €121,674 | -€70,718 | -36.8% |
| Equity | 10/15 | €176,834 | €73,095 | -€103,738 | -58.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,234 | €137,485 | -€20,749 | -13.1% |
| Tax-exempt reserves | 132 | €514 | €514 | = | 0.0% |
| Distributable reserves | 133 | €157,720 | €136,971 | -€20,749 | -13.2% |
| Profit (loss) carried forward | 14 | €0 | -€82,989 | -€82,989 | |
| Amounts payable | 17/49 | €15,558 | €48,578 | +€33,020 | +212% |
| Amounts payable within one year | 42/48 | €15,558 | €48,578 | +€33,020 | +212% |
| Financial debts | 43 | €3,004 | €152 | -€2,852 | -94.9% |
| Credit institutions | 430/8 | €3,004 | €152 | -€2,852 | -94.9% |
| Trade debts | 44 | €1,781 | €584 | -€1,198 | -67.2% |
| Suppliers | 440/4 | €1,781 | €584 | -€1,198 | -67.2% |
| Taxes, remuneration and social security | 45 | €10,772 | €0 | -€10,772 | -100% |
| Taxes | 450/3 | €10,772 | €0 | -€10,772 | -100% |
| Other amounts payable | 47/48 | - | €47,842 | +€47,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,784 | €2,330 | -€454 | -16.3% |
| Other operating charges | 640/8 | €1,284 | €1,072 | -€212 | -16.5% |
| Gross operating margin | 9900 | €58,637 | -€51,883 | -€110,520 | |
| Operating profit (loss) | 9901 | €54,569 | -€55,285 | -€109,854 | |
| Financial income | 75/76B | €941 | €5 | -€936 | -99.5% |
| Recurring financial income | 75 | €941 | €5 | -€936 | -99.5% |
| Financial charges | 65/66B | €25,567 | €27,366 | +€1,799 | +7.0% |
| Recurring financial charges | 65 | €25,567 | €27,366 | +€1,799 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €29,943 | -€82,646 | -€112,589 | |
| Income taxes | 67/77 | €13,544 | €343 | -€13,201 | -97.5% |
| Profit (loss) for the period | 9904 | €16,399 | -€82,989 | -€99,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,399 | -€82,989 | -€99,388 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.