TecNautic: 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.
TecNautic
Largest movements
- Cash +€159,646
up €159,646 (+37.7%), from €422,932 to €582,578
mainly Net result for the year (+€152,341) and Trade debts (+€80,575)
- Receivables within one year +€49,729
up €49,729 (+10.2%), from €486,435 to €536,164
of which Trade receivables: +€49,729
- Tangible fixed assets +€24,890
up €24,890 (+292.3%), from €8,515 to €33,405
of which Furniture and vehicles: +€25,640
- Stocks and contracts +€18,758
up €18,758 (+4.9%), from €382,748 to €401,506
- Reserves +€152,341
up €152,341 (+15.4%), from €986,333 to €1.1m
of which Distributable reserves: +€152,341
- Trade debts +€80,575
up €80,575 (+40.8%), from €197,521 to €278,096
- Debts after one year +€16,187
up €16,187 (+334.6%), from €4,838 to €21,025
- Gross operating margin +€30,384
up €30,384 (+14.7%), from €207,005 to €237,389
- Staff costs -€12,005
down €12,005 (-27.6%), from €43,459 to €31,455
- Taxes +€9,249
up €9,249 (+27.5%), from €33,681 to €42,930
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 | €1,303,129 | €1,556,153 | +€253,024 | +19.4% |
| Fixed assets | 21/28 | €11,015 | €35,905 | +€24,890 | +226.0% |
| Tangible fixed assets | 22/27 | €8,515 | €33,405 | +€24,890 | +292.3% |
| Plant, machinery and equipment | 23 | €2,556 | €1,806 | -€750 | -29.3% |
| Furniture and vehicles | 24 | €5,959 | €31,598 | +€25,640 | +430.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €1,292,114 | €1,520,248 | +€228,134 | +17.7% |
| Stocks and contracts in progress | 3 | €382,748 | €401,506 | +€18,758 | +4.9% |
| Stocks | 30/36 | €382,748 | €401,506 | +€18,758 | +4.9% |
| Amounts receivable within one year | 40/41 | €486,435 | €536,164 | +€49,729 | +10.2% |
| Trade receivables | 40 | €276,435 | €326,164 | +€49,729 | +18.0% |
| Other amounts receivable | 41 | €210,000 | €210,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €422,932 | €582,578 | +€159,646 | +37.7% |
| Total equity and liabilities | 10/49 | €1,303,129 | €1,556,153 | +€253,024 | +19.4% |
| Equity | 10/15 | €1,050,333 | €1,202,674 | +€152,341 | +14.5% |
| Contributions | 10/11 | €64,000 | €64,000 | = | 0.0% |
| Capital | 10 | €64,000 | €64,000 | = | 0.0% |
| Issued capital | 100 | €64,000 | €64,000 | = | 0.0% |
| Reserves | 13 | €986,333 | €1,138,674 | +€152,341 | +15.4% |
| Non-distributable reserves | 130/1 | €6,400 | €6,400 | = | 0.0% |
| Legal reserve | 130 | €6,400 | €6,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,071 | €3,071 | = | 0.0% |
| Distributable reserves | 133 | €976,862 | €1,129,203 | +€152,341 | +15.6% |
| Amounts payable | 17/49 | €252,796 | €353,478 | +€100,682 | +39.8% |
| Amounts payable after more than one year | 17 | €4,838 | €21,025 | +€16,187 | +334.6% |
| Financial debts | 170/4 | €4,838 | €21,025 | +€16,187 | +334.6% |
| Amounts payable within one year | 42/48 | €247,958 | €332,453 | +€84,495 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €7,168 | €11,815 | +€4,647 | +64.8% |
| Financial debts | 43 | €3,435 | €3,424 | -€11 | -0.3% |
| Other loans | 439 | €3,435 | €3,424 | -€11 | -0.3% |
| Trade debts | 44 | €197,521 | €278,096 | +€80,575 | +40.8% |
| Suppliers | 440/4 | €197,521 | €278,096 | +€80,575 | +40.8% |
| Taxes, remuneration and social security | 45 | €23,526 | €26,279 | +€2,752 | +11.7% |
| Taxes | 450/3 | €23,526 | €26,279 | +€2,752 | +11.7% |
| Other amounts payable | 47/48 | €16,308 | €12,839 | -€3,469 | -21.3% |
| Remuneration, social security and pensions | 62 | €43,459 | €31,455 | -€12,005 | -27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,401 | €10,358 | -€43 | -0.4% |
| Other operating charges | 640/8 | €964 | €1,232 | +€268 | +27.7% |
| Gross operating margin | 9900 | €207,005 | €237,389 | +€30,384 | +14.7% |
| Operating profit (loss) | 9901 | €152,181 | €194,344 | +€42,164 | +27.7% |
| Financial income | 75/76B | €3,483 | €3,682 | +€199 | +5.7% |
| Recurring financial income | 75 | €3,483 | €3,682 | +€199 | +5.7% |
| Financial charges | 65/66B | €3,851 | €2,755 | -€1,096 | -28.5% |
| Recurring financial charges | 65 | €3,851 | €2,755 | -€1,096 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €151,812 | €195,271 | +€43,459 | +28.6% |
| Income taxes | 67/77 | €33,681 | €42,930 | +€9,249 | +27.5% |
| Profit (loss) for the period | 9904 | €118,131 | €152,341 | +€34,210 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €118,131 | €152,341 | +€34,210 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.