Tecinno: 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.
Tecinno
Largest movements
- Tangible fixed assets +€48,087
up €48,087 (+394.2%), from €12,198 to €60,285
of which Furniture and vehicles: +€48,087
- Cash -€16,126
down €16,126 (-8.8%), from €183,175 to €167,049
mainly Investment in fixed assets (net) (-€64,600) and Other debts (-€21,838)
- Receivables within one year +€7,911
up €7,911 (+40.6%), from €19,472 to €27,383
of which Other amounts receivable: +€15,902
- Stocks and contracts +€5,500
new in 2025: €5,500
- Reserves +€22,055
up €22,055 (+33.4%), from €66,039 to €88,094
- Other debts -€21,838
down €21,838 (-17.5%), from €124,736 to €102,897
- Debts after one year +€21,594
new in 2025: €21,594
- Current portion of long-term debt +€9,771
up €9,771, from €0 to €9,771
- Accrued charges and deferred income +€5,514
up €5,514 (+143.4%), from €3,845 to €9,358
- Depreciation +€5,924
up €5,924 (+55.9%), from €10,589 to €16,513
- Financial charges +€3,187
up €3,187 (+76.9%), from €4,142 to €7,329
- Gross operating margin +€2,836
up €2,836 (+5.5%), from €51,518 to €54,354
- Other operating charges -€1,128
down €1,128 (-74.8%), from €1,508 to €380
- Taxes +€747
up €747 (+9.4%), from €7,917 to €8,663
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 | €216,230 | €260,847 | +€44,617 | +20.6% |
| Fixed assets | 21/28 | €12,198 | €60,285 | +€48,087 | +394.2% |
| Tangible fixed assets | 22/27 | €12,198 | €60,285 | +€48,087 | +394.2% |
| Furniture and vehicles | 24 | €12,198 | €60,285 | +€48,087 | +394.2% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €204,032 | €200,563 | -€3,470 | -1.7% |
| Stocks and contracts in progress | 3 | - | €5,500 | +€5,500 | |
| Stocks | 30/36 | - | €5,500 | +€5,500 | |
| Amounts receivable within one year | 40/41 | €19,472 | €27,383 | +€7,911 | +40.6% |
| Trade receivables | 40 | €16,245 | €8,254 | -€7,991 | -49.2% |
| Other amounts receivable | 41 | €3,227 | €19,129 | +€15,902 | +492.8% |
| Cash at bank and in hand | 54/58 | €183,175 | €167,049 | -€16,126 | -8.8% |
| Deferred charges and accrued income | 490/1 | €1,385 | €631 | -€754 | -54.5% |
| Total equity and liabilities | 10/49 | €216,230 | €260,847 | +€44,617 | +20.6% |
| Equity | 10/15 | €84,639 | €106,694 | +€22,055 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,039 | €88,094 | +€22,055 | +33.4% |
| Distributable reserves | 133 | €66,039 | €88,094 | +€22,055 | +33.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €131,591 | €154,153 | +€22,562 | +17.1% |
| Amounts payable after more than one year | 17 | - | €21,594 | +€21,594 | |
| Financial debts | 170/4 | - | €21,594 | +€21,594 | |
| Amounts payable within one year | 42/48 | €127,746 | €123,201 | -€4,545 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,771 | +€9,771 | |
| Trade debts | 44 | €1,492 | €6,133 | +€4,641 | +311.1% |
| Suppliers | 440/4 | €1,492 | €6,133 | +€4,641 | +311.1% |
| Taxes, remuneration and social security | 45 | €1,519 | €4,400 | +€2,881 | +189.7% |
| Taxes | 450/3 | €1,519 | €4,400 | +€2,881 | +189.7% |
| Other amounts payable | 47/48 | €124,736 | €102,897 | -€21,838 | -17.5% |
| Accrued charges and deferred income | 492/3 | €3,845 | €9,358 | +€5,514 | +143.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,589 | €16,513 | +€5,924 | +55.9% |
| Other operating charges | 640/8 | €1,508 | €380 | -€1,128 | -74.8% |
| Gross operating margin | 9900 | €51,518 | €54,354 | +€2,836 | +5.5% |
| Operating profit (loss) | 9901 | €39,421 | €37,461 | -€1,960 | -5.0% |
| Financial income | 75/76B | €0 | €586 | +€586 | |
| Recurring financial income | 75 | €0 | €586 | +€586 | |
| Financial charges | 65/66B | €4,142 | €7,329 | +€3,187 | +76.9% |
| Recurring financial charges | 65 | €4,142 | €7,329 | +€3,187 | +76.9% |
| Profit (loss) for the period before taxes | 9903 | €35,279 | €30,718 | -€4,561 | -12.9% |
| Income taxes | 67/77 | €7,917 | €8,663 | +€747 | +9.4% |
| Profit (loss) for the period | 9904 | €27,362 | €22,055 | -€5,307 | -19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,362 | €22,055 | -€5,307 | -19.4% |
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.