Tecinvest: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
Tecinvest
Largest movements
- Current investments -€1.2m
down €1.2m (-82.4%), from €1.4m to €255,017
- Cash +€237,671
up €237,671 (+18,426%), from €1,290 to €238,961
mainly Current investments (+€1.2m) and Depreciation (+€110,916)
- Tangible fixed assets -€105,668
down €105,668 (-6.4%), from €1.7m to €1.6m
of which Land and buildings: -€94,267
- Receivables within one year +€40,020
up €40,020 (+512%), from €7,810 to €47,830
of which Other amounts receivable: +€28,758
- Debts after one year -€888,000
down €888,000 (-92.7%), from €958,000 to €70,000
of which Financial debts: -€900,000
- Profit (loss) carried forward -€111,313
down €111,313 (-39.8%), from -€279,814 to -€391,127
- Financial charges -€91,347
down €91,347, from €75,605 to -€15,742
- Gross operating margin -€36,316
down €36,316, from €16,304 to -€20,012
- Financial income -€22,519
down €22,519 (-73.6%), from €30,584 to €8,065
- Other operating charges +€1,093
up €1,093 (+18.0%), from €6,081 to €7,174
- Depreciation +€1,007
up €1,007 (+0.9%), from €109,909 to €110,916
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 | €3,252,130 | €2,236,079 | -€1.0m | -31.2% |
| Fixed assets | 21/28 | €1,663,979 | €1,558,311 | -€105,668 | -6.4% |
| Tangible fixed assets | 22/27 | €1,663,979 | €1,558,311 | -€105,668 | -6.4% |
| Land and buildings | 22 | €1,623,629 | €1,529,362 | -€94,267 | -5.8% |
| Plant, machinery and equipment | 23 | €4,480 | €3,360 | -€1,120 | -25.0% |
| Furniture and vehicles | 24 | €35,870 | €25,589 | -€10,281 | -28.7% |
| Current assets | 29/58 | €1,588,151 | €677,768 | -€910,383 | -57.3% |
| Amounts receivable after more than one year | 29 | €128,203 | €131,562 | +€3,359 | +2.6% |
| Other amounts receivable | 291 | €128,203 | €131,562 | +€3,359 | +2.6% |
| Amounts receivable within one year | 40/41 | €7,810 | €47,830 | +€40,020 | +512% |
| Trade receivables | 40 | €447 | €11,709 | +€11,262 | +2,519% |
| Other amounts receivable | 41 | €7,363 | €36,121 | +€28,758 | +391% |
| Current investments | 50/53 | €1,446,169 | €255,017 | -€1.2m | -82.4% |
| Cash at bank and in hand | 54/58 | €1,290 | €238,961 | +€237,671 | +18,426% |
| Deferred charges and accrued income | 490/1 | €4,679 | €4,398 | -€281 | -6.0% |
| Total equity and liabilities | 10/49 | €3,252,130 | €2,236,079 | -€1.0m | -31.2% |
| Equity | 10/15 | €2,213,940 | €2,100,113 | -€113,826 | -5.1% |
| Contributions | 10/11 | €1,384,849 | €1,384,849 | = | 0.0% |
| Reserves | 13 | €1,108,904 | €1,106,391 | -€2,513 | -0.2% |
| Non-distributable reserves | 130/1 | €203,688 | €203,688 | = | 0.0% |
| Reserves not available under the articles | 1311 | €203,688 | €203,688 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,745 | €47,232 | -€2,513 | -5.1% |
| Distributable reserves | 133 | €855,471 | €855,471 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€279,814 | -€391,127 | -€111,313 | -39.8% |
| Provisions and deferred taxes | 16 | €37,107 | €35,813 | -€1,295 | -3.5% |
| Deferred taxes | 168 | €37,107 | €35,813 | -€1,295 | -3.5% |
| Amounts payable | 17/49 | €1,001,084 | €100,153 | -€900,930 | -90.0% |
| Amounts payable after more than one year | 17 | €958,000 | €70,000 | -€888,000 | -92.7% |
| Financial debts | 170/4 | €900,000 | €0 | -€900,000 | -100% |
| Other amounts payable | 178/9 | €58,000 | €70,000 | +€12,000 | +20.7% |
| Amounts payable within one year | 42/48 | €43,084 | €30,153 | -€12,930 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €19,437 | €0 | -€19,437 | -100% |
| Financial debts | 43 | - | €335 | +€335 | |
| Credit institutions | 430/8 | - | €335 | +€335 | |
| Trade debts | 44 | €2,962 | €1,668 | -€1,293 | -43.7% |
| Suppliers | 440/4 | €2,962 | €1,668 | -€1,293 | -43.7% |
| Taxes, remuneration and social security | 45 | €16,635 | €19,419 | +€2,784 | +16.7% |
| Taxes | 450/3 | €16,635 | €19,419 | +€2,784 | +16.7% |
| Other amounts payable | 47/48 | €4,050 | €8,731 | +€4,681 | +116% |
| Non-recurring operating income | 76A | €5,604 | €0 | -€5,604 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,909 | €110,916 | +€1,007 | +0.9% |
| Other operating charges | 640/8 | €6,081 | €7,174 | +€1,093 | +18.0% |
| Gross operating margin | 9900 | €16,304 | -€20,012 | -€36,316 | |
| Operating profit (loss) | 9901 | -€99,686 | -€138,101 | -€38,415 | -38.5% |
| Financial income | 75/76B | €30,584 | €8,065 | -€22,519 | -73.6% |
| Recurring financial income | 75 | €30,584 | €8,065 | -€22,519 | -73.6% |
| Financial charges | 65/66B | €75,605 | -€15,742 | -€91,347 | |
| Recurring financial charges | 65 | €75,605 | -€15,742 | -€91,347 | |
| Profit (loss) for the period before taxes | 9903 | -€144,707 | -€114,294 | +€30,413 | +21.0% |
| Transfer from deferred taxes | 780 | €1,295 | €1,295 | = | 0.0% |
| Income taxes | 67/77 | €831 | €827 | -€4 | -0.5% |
| Profit (loss) for the period | 9904 | -€144,243 | -€113,826 | +€30,417 | +21.1% |
| Transfer from tax-exempt reserves | 789 | €2,513 | €2,513 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€141,730 | -€111,313 | +€30,417 | +21.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.