TecMatic: what changed
Two financial 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.
TecMatic
Largest movements
- Tangible fixed assets +€21,225
up €21,225 (+4.9%), from €429,177 to €450,403
of which Land and buildings: +€24,590
- Cash -€18,548
down €18,548 (-76.1%), from €24,361 to €5,812
mainly Investment in fixed assets (net) (-€36,217) and Current portion of long-term debt (-€21,716)
- Receivables within one year +€13,982
up €13,982 (+86.3%), from €16,200 to €30,182
of which Other amounts receivable: +€10,000
- Other debts +€32,584
up €32,584 (+33.0%), from €98,607 to €131,192
- Current portion of long-term debt -€21,716
down €21,716 (-50.8%), from €42,778 to €21,062
- Reserves +€6,100
up €6,100 (+7.5%), from €80,860 to €86,960
- Debts after one year -€6,062
down €6,062 (-2.8%), from €213,668 to €207,606
- Trade debts +€5,754
up €5,754 (+125%), from €4,621 to €10,375
- Gross operating margin -€24,234
down €24,234 (-37.7%), from €64,226 to €39,992
- Taxes -€9,217
down €9,217 (-71.9%), from €12,821 to €3,604
- Financial charges +€6,770
up €6,770 (+97.2%), from €6,966 to €13,735
- Depreciation -€937
down €937 (-5.9%), from €15,928 to €14,991
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.
Derived cash bridge
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 | €471,231 | €488,067 | +€16,836 | +3.6% |
| Fixed assets | 21/28 | €429,372 | €450,598 | +€21,225 | +4.9% |
| Tangible fixed assets | 22/27 | €429,177 | €450,403 | +€21,225 | +4.9% |
| Land and buildings | 22 | €422,629 | €447,218 | +€24,590 | +5.8% |
| Plant, machinery and equipment | 23 | €2,471 | €1,714 | -€756 | -30.6% |
| Furniture and vehicles | 24 | €4,078 | €1,470 | -€2,608 | -63.9% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €41,858 | €37,469 | -€4,390 | -10.5% |
| Amounts receivable within one year | 40/41 | €16,200 | €30,182 | +€13,982 | +86.3% |
| Trade receivables | 40 | €15,103 | €19,084 | +€3,982 | +26.4% |
| Other amounts receivable | 41 | €1,098 | €11,098 | +€10,000 | +911% |
| Cash at bank and in hand | 54/58 | €24,361 | €5,812 | -€18,548 | -76.1% |
| Deferred charges and accrued income | 490/1 | €1,298 | €1,475 | +€177 | +13.6% |
| Total equity and liabilities | 10/49 | €471,231 | €488,067 | +€16,836 | +3.6% |
| Equity | 10/15 | €100,506 | €106,610 | +€6,104 | +6.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,860 | €86,960 | +€6,100 | +7.5% |
| Distributable reserves | 133 | €80,860 | €86,960 | +€6,100 | +7.5% |
| Profit (loss) carried forward | 14 | €1,046 | €1,050 | +€4 | +0.4% |
| Amounts payable | 17/49 | €370,725 | €381,457 | +€10,732 | +2.9% |
| Amounts payable after more than one year | 17 | €213,668 | €207,606 | -€6,062 | -2.8% |
| Financial debts | 170/4 | €213,668 | €207,606 | -€6,062 | -2.8% |
| Amounts payable within one year | 42/48 | €156,496 | €168,869 | +€12,373 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €42,778 | €21,062 | -€21,716 | -50.8% |
| Trade debts | 44 | €4,621 | €10,375 | +€5,754 | +125% |
| Suppliers | 440/4 | €4,621 | €10,375 | +€5,754 | +125% |
| Taxes, remuneration and social security | 45 | €10,490 | €6,240 | -€4,250 | -40.5% |
| Taxes | 450/3 | €7,350 | €6,240 | -€1,110 | -15.1% |
| Remuneration and social security | 454/9 | €3,140 | - | -€3,140 | |
| Other amounts payable | 47/48 | €98,607 | €131,192 | +€32,584 | +33.0% |
| Accrued charges and deferred income | 492/3 | €560 | €4,981 | +€4,421 | +789% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,928 | €14,991 | -€937 | -5.9% |
| Other operating charges | 640/8 | €1,281 | €1,618 | +€337 | +26.3% |
| Gross operating margin | 9900 | €64,226 | €39,992 | -€24,234 | -37.7% |
| Operating profit (loss) | 9901 | €47,017 | €23,382 | -€23,635 | -50.3% |
| Financial income | 75/76B | €21 | €61 | +€40 | +192% |
| Recurring financial income | 75 | €21 | €61 | +€40 | +192% |
| Financial charges | 65/66B | €6,966 | €13,735 | +€6,770 | +97.2% |
| Recurring financial charges | 65 | €6,966 | €13,735 | +€6,770 | +97.2% |
| Profit (loss) for the period before taxes | 9903 | €40,072 | €9,708 | -€30,364 | -75.8% |
| Income taxes | 67/77 | €12,821 | €3,604 | -€9,217 | -71.9% |
| Profit (loss) for the period | 9904 | €27,251 | €6,104 | -€21,147 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,251 | €6,104 | -€21,147 | -77.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.