TECHXCON: what changed
TECHXCON
Largest movements
- Current investments +€10,000
new in 2025: €10,000
- Cash -€8,108
down €8,108 (-10.9%), from €74,122 to €66,014
mainly Current investments (-€10,000) and Receivables within one year (-€6,422)
- Receivables within one year +€6,422
up €6,422 (+40.6%), from €15,810 to €22,232
of which Trade receivables: +€6,422
- Tangible fixed assets +€2,483
up €2,483 (+44.5%), from €5,583 to €8,065
of which Furniture and vehicles: +€2,751
- Reserves +€15,079
up €15,079 (+20.5%), from €73,476 to €88,555
- Tax, wage and social debts -€5,096
down €5,096 (-22.3%), from €22,902 to €17,806
of which Taxes: -€9,377
- Short-term financial debts +€1,231
new in 2025: €1,231
- Financial charges -€2,362
down €2,362 (-94.2%), from €2,508 to €146
- Gross operating margin +€1,350
up €1,350 (+5.7%), from €23,890 to €25,240
- Taxes +€841
up €841 (+13.3%), from €6,348 to €7,190
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,483 | €108,505 | +€11,022 | +11.3% |
| Fixed assets | 21/28 | €5,583 | €8,065 | +€2,483 | +44.5% |
| Tangible fixed assets | 22/27 | €5,583 | €8,065 | +€2,483 | +44.5% |
| Plant, machinery and equipment | 23 | €2,307 | €2,039 | -€269 | -11.7% |
| Furniture and vehicles | 24 | €3,275 | €6,027 | +€2,751 | +84.0% |
| Current assets | 29/58 | €91,900 | €100,440 | +€8,540 | +9.3% |
| Amounts receivable within one year | 40/41 | €15,810 | €22,232 | +€6,422 | +40.6% |
| Trade receivables | 40 | €12,159 | €18,581 | +€6,422 | +52.8% |
| Other amounts receivable | 41 | €3,652 | €3,652 | = | 0.0% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €74,122 | €66,014 | -€8,108 | -10.9% |
| Deferred charges and accrued income | 490/1 | €1,968 | €2,194 | +€226 | +11.5% |
| Total equity and liabilities | 10/49 | €97,483 | €108,505 | +€11,022 | +11.3% |
| Equity | 10/15 | €73,476 | €88,555 | +€15,079 | +20.5% |
| Reserves | 13 | €73,476 | €88,555 | +€15,079 | +20.5% |
| Distributable reserves | 133 | €73,476 | €88,555 | +€15,079 | +20.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €24,007 | €19,950 | -€4,057 | -16.9% |
| Amounts payable within one year | 42/48 | €23,981 | €19,950 | -€4,031 | -16.8% |
| Financial debts | 43 | - | €1,231 | +€1,231 | |
| Credit institutions | 430/8 | - | €1,231 | +€1,231 | |
| Trade debts | 44 | €1,078 | €913 | -€166 | -15.4% |
| Suppliers | 440/4 | €1,078 | €913 | -€166 | -15.4% |
| Taxes, remuneration and social security | 45 | €22,902 | €17,806 | -€5,096 | -22.3% |
| Taxes | 450/3 | €21,182 | €11,805 | -€9,377 | -44.3% |
| Remuneration and social security | 454/9 | €1,721 | €6,002 | +€4,281 | +249% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €26 | €0 | -€26 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,296 | €1,464 | +€169 | +13.0% |
| Other operating charges | 640/8 | €1,204 | €1,366 | +€163 | +13.5% |
| Gross operating margin | 9900 | €23,890 | €25,240 | +€1,350 | +5.7% |
| Operating profit (loss) | 9901 | €21,391 | €22,410 | +€1,019 | +4.8% |
| Financial income | 75/76B | €2 | €5 | +€3 | +147% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +147% |
| Financial charges | 65/66B | €2,508 | €146 | -€2,362 | -94.2% |
| Recurring financial charges | 65 | €2,508 | €146 | -€2,362 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €18,884 | €22,269 | +€3,384 | +17.9% |
| Income taxes | 67/77 | €6,348 | €7,190 | +€841 | +13.3% |
| Profit (loss) for the period | 9904 | €12,536 | €15,079 | +€2,543 | +20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,536 | €15,079 | +€2,543 | +20.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.