TECLADO: 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.
TECLADO
Largest movements
- Tangible fixed assets +€144,237
up €144,237 (+19.5%), from €740,285 to €884,522
of which Land and buildings: +€119,732
- Stocks and contracts +€15,212
up €15,212 (+707.8%), from €2,149 to €17,361
- Debts after one year +€114,272
up €114,272 (+23.6%), from €483,863 to €598,134
- Trade debts +€42,444
up €42,444 (+40.8%), from €103,961 to €146,405
- Profit (loss) carried forward -€38,994
down €38,994 (-34.9%), from -€111,716 to -€150,710
- Other debts +€23,869
up €23,869 (+12.2%), from €196,391 to €220,259
- Current portion of long-term debt +€22,053
up €22,053 (+128.4%), from €17,182 to €39,235
- Staff costs +€30,410
up €30,410 (+20.2%), from €150,362 to €180,772
- Gross operating margin +€16,207
up €16,207 (+7.9%), from €205,067 to €221,274
- Depreciation +€14,104
up €14,104 (+42.4%), from €33,237 to €47,341
- Financial charges +€12,951
up €12,951 (+91.4%), from €14,173 to €27,124
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 | €783,488 | €941,803 | +€158,315 | +20.2% |
| Fixed assets | 21/28 | €740,285 | €884,522 | +€144,237 | +19.5% |
| Tangible fixed assets | 22/27 | €740,285 | €884,522 | +€144,237 | +19.5% |
| Land and buildings | 22 | €720,654 | €840,386 | +€119,732 | +16.6% |
| Plant, machinery and equipment | 23 | €17,016 | €41,333 | +€24,317 | +142.9% |
| Furniture and vehicles | 24 | €2,615 | €2,803 | +€188 | +7.2% |
| Current assets | 29/58 | €43,202 | €57,281 | +€14,078 | +32.6% |
| Stocks and contracts in progress | 3 | €2,149 | €17,361 | +€15,212 | +707.8% |
| Stocks | 30/36 | €2,149 | €17,361 | +€15,212 | +707.8% |
| Amounts receivable within one year | 40/41 | €21,456 | €24,575 | +€3,119 | +14.5% |
| Trade receivables | 40 | €21,078 | €24,168 | +€3,090 | +14.7% |
| Other amounts receivable | 41 | €377 | €407 | +€30 | +7.8% |
| Cash at bank and in hand | 54/58 | €18,356 | €14,466 | -€3,890 | -21.2% |
| Deferred charges and accrued income | 490/1 | €1,241 | €879 | -€362 | -29.2% |
| Total equity and liabilities | 10/49 | €783,488 | €941,803 | +€158,315 | +20.2% |
| Equity | 10/15 | -€60,788 | -€99,783 | -€38,994 | -64.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,327 | €32,327 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €30,467 | €30,467 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,716 | -€150,710 | -€38,994 | -34.9% |
| Amounts payable | 17/49 | €844,276 | €1,041,586 | +€197,310 | +23.4% |
| Amounts payable after more than one year | 17 | €483,863 | €598,134 | +€114,272 | +23.6% |
| Financial debts | 170/4 | €483,863 | €598,134 | +€114,272 | +23.6% |
| Amounts payable within one year | 42/48 | €359,433 | €440,512 | +€81,078 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €17,182 | €39,235 | +€22,053 | +128.4% |
| Trade debts | 44 | €103,961 | €146,405 | +€42,444 | +40.8% |
| Suppliers | 440/4 | €103,961 | €146,405 | +€42,444 | +40.8% |
| Advances received on contracts in progress | 46 | €15,863 | €2,320 | -€13,543 | -85.4% |
| Taxes, remuneration and social security | 45 | €26,038 | €32,293 | +€6,256 | +24.0% |
| Taxes | 450/3 | €2,487 | €4,630 | +€2,143 | +86.1% |
| Remuneration and social security | 454/9 | €23,550 | €27,663 | +€4,113 | +17.5% |
| Other amounts payable | 47/48 | €196,391 | €220,259 | +€23,869 | +12.2% |
| Accrued charges and deferred income | 492/3 | €980 | €2,940 | +€1,960 | +200.0% |
| Remuneration, social security and pensions | 62 | €150,362 | €180,772 | +€30,410 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,237 | €47,341 | +€14,104 | +42.4% |
| Other operating charges | 640/8 | €5,790 | €3,799 | -€1,991 | -34.4% |
| Non-recurring operating charges | 66A | €383 | €1,331 | +€948 | +247.9% |
| Gross operating margin | 9900 | €205,067 | €221,274 | +€16,207 | +7.9% |
| Operating profit (loss) | 9901 | €15,296 | -€11,969 | -€27,264 | |
| Financial income | 75/76B | €0 | €98 | +€98 | +35064.3% |
| Recurring financial income | 75 | €0 | €98 | +€98 | +35064.3% |
| Financial charges | 65/66B | €14,173 | €27,124 | +€12,951 | +91.4% |
| Recurring financial charges | 65 | €14,173 | €27,124 | +€12,951 | +91.4% |
| Profit (loss) for the period before taxes | 9903 | €1,123 | -€38,994 | -€40,117 | |
| Income taxes | 67/77 | €0 | €0 | +€0 | +200.0% |
| Profit (loss) for the period | 9904 | €1,123 | -€38,994 | -€40,117 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,123 | -€38,994 | -€40,117 |
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 7 October 2026 via checked.be.