TECMA: 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.
TECMA
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€222,398
down €222,398 (-86.1%), from €258,201 to €35,803
mainly Current investments (-€300,000) and Contributions, distributions and other (-€32,444)
- Receivables after one year -€50,000
down €50,000 (-69.4%), from €72,000 to €22,000
- Tangible fixed assets -€9,836
down €9,836 (-34.3%), from €28,657 to €18,821
of which Furniture and vehicles: -€8,403
- Receivables within one year +€8,000
up €8,000 (+174.8%), from €4,576 to €12,577
of which Trade receivables: +€6,970
- Reserves +€36,971
up €36,971 (+11.1%), from €333,912 to €370,882
- Tax, wage and social debts -€11,175
down €11,175 (-58.3%), from €19,181 to €8,006
- Gross operating margin -€44,695
down €44,695 (-28.8%), from €155,384 to €110,689
- Taxes -€13,803
down €13,803 (-33.1%), from €41,732 to €27,929
- Depreciation -€6,185
down €6,185 (-33.7%), from €18,348 to €12,162
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 | €366,393 | €395,071 | +€28,677 | +7.8% |
| Fixed assets | 21/28 | €28,657 | €18,821 | -€9,836 | -34.3% |
| Tangible fixed assets | 22/27 | €28,657 | €18,821 | -€9,836 | -34.3% |
| Plant, machinery and equipment | 23 | €6,305 | €4,871 | -€1,433 | -22.7% |
| Furniture and vehicles | 24 | €22,353 | €13,950 | -€8,403 | -37.6% |
| Current assets | 29/58 | €337,736 | €376,250 | +€38,514 | +11.4% |
| Amounts receivable after more than one year | 29 | €72,000 | €22,000 | -€50,000 | -69.4% |
| Other amounts receivable | 291 | €72,000 | €22,000 | -€50,000 | -69.4% |
| Amounts receivable within one year | 40/41 | €4,576 | €12,577 | +€8,000 | +174.8% |
| Trade receivables | 40 | €4,255 | €11,224 | +€6,970 | +163.8% |
| Other amounts receivable | 41 | €322 | €1,352 | +€1,030 | +320.1% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €258,201 | €35,803 | -€222,398 | -86.1% |
| Deferred charges and accrued income | 490/1 | €2,958 | €5,870 | +€2,912 | +98.4% |
| Total equity and liabilities | 10/49 | €366,393 | €395,071 | +€28,677 | +7.8% |
| Equity | 10/15 | €346,312 | €383,282 | +€36,971 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €333,912 | €370,882 | +€36,971 | +11.1% |
| Distributable reserves | 133 | €333,912 | €370,882 | +€36,971 | +11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,081 | €11,788 | -€8,293 | -41.3% |
| Amounts payable within one year | 42/48 | €20,081 | €11,788 | -€8,293 | -41.3% |
| Trade debts | 44 | €896 | €3,644 | +€2,748 | +306.7% |
| Suppliers | 440/4 | €896 | €3,644 | +€2,748 | +306.7% |
| Taxes, remuneration and social security | 45 | €19,181 | €8,006 | -€11,175 | -58.3% |
| Taxes | 450/3 | €19,181 | €8,006 | -€11,175 | -58.3% |
| Other amounts payable | 47/48 | €4 | €138 | +€134 | +3086.4% |
| Remuneration, social security and pensions | 62 | €403 | €1,749 | +€1,346 | +333.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,348 | €12,162 | -€6,185 | -33.7% |
| Other operating charges | 640/8 | €586 | €807 | +€220 | +37.6% |
| Non-recurring operating charges | 66A | €0 | €447 | +€447 | |
| Gross operating margin | 9900 | €155,384 | €110,689 | -€44,695 | -28.8% |
| Operating profit (loss) | 9901 | €136,047 | €95,524 | -€40,523 | -29.8% |
| Financial income | 75/76B | €2,316 | €2,067 | -€249 | -10.8% |
| Recurring financial income | 75 | €2,316 | €2,067 | -€249 | -10.8% |
| Financial charges | 65/66B | €120 | €248 | +€128 | +106.9% |
| Recurring financial charges | 65 | €120 | €248 | +€128 | +106.9% |
| Profit (loss) for the period before taxes | 9903 | €138,244 | €97,343 | -€40,901 | -29.6% |
| Income taxes | 67/77 | €41,732 | €27,929 | -€13,803 | -33.1% |
| Profit (loss) for the period | 9904 | €96,512 | €69,414 | -€27,098 | -28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,512 | €69,414 | -€27,098 | -28.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.