TECLADE: 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.
TECLADE
Largest movements
- Current investments -€138,430
down €138,430 (-46.1%), from €300,420 to €161,990
- Cash +€51,583
up €51,583 (+139.3%), from €37,040 to €88,623
mainly Current investments (+€138,430) and Net result for the year (+€53,687)
- Tangible fixed assets +€43,220
up €43,220 (+1964.6%), from €2,200 to €45,420
- Receivables within one year -€10,789
down €10,789 (-37.3%), from €28,889 to €18,100
- Reserves -€95,299
down €95,299 (-36.2%), from €263,272 to €167,973
of which Distributable reserves: -€95,299
- Other debts +€28,663
up €28,663 (+65.3%), from €43,918 to €72,581
- Tax, wage and social debts +€12,206
up €12,206 (+31.6%), from €38,604 to €50,810
- Gross operating margin +€16,564
up €16,564 (+22.2%), from €74,591 to €91,155
- Financial income -€10,807
down €10,807 (-82.8%), from €13,049 to €2,242
- Depreciation +€7,800
new in 2025: €7,800
- Other operating charges +€2,225
up €2,225 (+139.9%), from €1,590 to €3,815
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 | €412,973 | €359,632 | -€53,341 | -12.9% |
| Fixed assets | 21/28 | €46,624 | €89,844 | +€43,220 | +92.7% |
| Intangible fixed assets | 21 | €44,424 | €44,424 | +€0 | 0.0% |
| Tangible fixed assets | 22/27 | €2,200 | €45,420 | +€43,220 | +1964.6% |
| Furniture and vehicles | 24 | €2,200 | €45,420 | +€43,220 | +1964.6% |
| Current assets | 29/58 | €366,349 | €269,788 | -€96,561 | -26.4% |
| Amounts receivable within one year | 40/41 | €28,889 | €18,100 | -€10,789 | -37.3% |
| Trade receivables | 40 | €28,889 | €18,100 | -€10,789 | -37.3% |
| Current investments | 50/53 | €300,420 | €161,990 | -€138,430 | -46.1% |
| Cash at bank and in hand | 54/58 | €37,040 | €88,623 | +€51,583 | +139.3% |
| Deferred charges and accrued income | 490/1 | - | €1,075 | +€1,075 | |
| Total equity and liabilities | 10/49 | €412,973 | €359,632 | -€53,341 | -12.9% |
| Equity | 10/15 | €326,322 | €231,023 | -€95,299 | -29.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €263,272 | €167,973 | -€95,299 | -36.2% |
| Non-distributable reserves | 130/1 | €24,000 | €24,000 | = | 0.0% |
| Legal reserve | 130 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €239,272 | €143,973 | -€95,299 | -39.8% |
| Profit (loss) carried forward | 14 | €1,050 | €1,050 | -€0 | 0.0% |
| Amounts payable | 17/49 | €86,651 | €128,610 | +€41,959 | +48.4% |
| Amounts payable within one year | 42/48 | €86,651 | €128,610 | +€41,959 | +48.4% |
| Trade debts | 44 | €4,129 | €5,219 | +€1,090 | +26.4% |
| Suppliers | 440/4 | €4,129 | €5,219 | +€1,090 | +26.4% |
| Taxes, remuneration and social security | 45 | €38,604 | €50,810 | +€12,206 | +31.6% |
| Taxes | 450/3 | €38,604 | €50,810 | +€12,206 | +31.6% |
| Other amounts payable | 47/48 | €43,918 | €72,581 | +€28,663 | +65.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,800 | +€7,800 | |
| Other operating charges | 640/8 | €1,590 | €3,815 | +€2,225 | +139.9% |
| Gross operating margin | 9900 | €74,591 | €91,155 | +€16,564 | +22.2% |
| Operating profit (loss) | 9901 | €73,001 | €79,540 | +€6,539 | +9.0% |
| Financial income | 75/76B | €13,049 | €2,242 | -€10,807 | -82.8% |
| Recurring financial income | 75 | €13,049 | €2,242 | -€10,807 | -82.8% |
| Financial charges | 65/66B | €36 | €36 | +€0 | +0.2% |
| Recurring financial charges | 65 | €36 | €36 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €86,014 | €81,746 | -€4,268 | -5.0% |
| Income taxes | 67/77 | €28,863 | €28,059 | -€804 | -2.8% |
| Profit (loss) for the period | 9904 | €57,151 | €53,687 | -€3,464 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,151 | €53,687 | -€3,464 | -6.1% |
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 29 September 2026 via checked.be.