TECNICO: 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.
TECNICO
Largest movements
- Receivables within one year -€7,202
down €7,202 (-86.8%), from €8,293 to €1,091
of which Trade receivables: -€7,816
- Tangible fixed assets -€3,676
down €3,676 (-55.1%), from €6,677 to €3,001
of which Furniture and vehicles: -€1,961
- Profit (loss) carried forward -€9,651
down €9,651 (-69.0%), from €13,988 to €4,336
- Short-term financial debts +€4,109
up €4,109 (+81.5%), from €5,039 to €9,148
- Trade debts -€3,867
down €3,867 (-62.9%), from €6,146 to €2,279
- Other debts +€3,469
up €3,469 (+27.4%), from €12,659 to €16,129
- Accrued charges and deferred income -€3,323
down €3,323 (-87.3%), from €3,807 to €484
- Gross operating margin -€17,831
down €17,831, from €11,717 to -€6,114
- Taxes -€1,815
no longer reported in 2024 (was €1,815)
- Financial charges -€1,164
down €1,164 (-47.4%), from €2,454 to €1,289
- Depreciation -€964
down €964 (-32.6%), from €2,957 to €1,993
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,262 | €47,351 | -€10,911 | -18.7% |
| Fixed assets | 21/28 | €6,767 | €3,091 | -€3,676 | -54.3% |
| Tangible fixed assets | 22/27 | €6,677 | €3,001 | -€3,676 | -55.1% |
| Land and buildings | 22 | €1,024 | €512 | -€512 | -50.0% |
| Plant, machinery and equipment | 23 | €2,420 | €1,346 | -€1,074 | -44.4% |
| Furniture and vehicles | 24 | €2,258 | €297 | -€1,961 | -86.8% |
| Other tangible fixed assets | 26 | €975 | €845 | -€129 | -13.3% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €51,495 | €44,260 | -€7,235 | -14.1% |
| Stocks and contracts in progress | 3 | €42,810 | €42,810 | = | 0.0% |
| Stocks | 30/36 | €42,810 | €42,810 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,293 | €1,091 | -€7,202 | -86.8% |
| Trade receivables | 40 | €8,293 | €477 | -€7,816 | -94.2% |
| Other amounts receivable | 41 | - | €614 | +€614 | |
| Cash at bank and in hand | 54/58 | €81 | €359 | +€278 | +344.9% |
| Deferred charges and accrued income | 490/1 | €311 | - | -€311 | |
| Total equity and liabilities | 10/49 | €58,262 | €47,351 | -€10,911 | -18.7% |
| Equity | 10/15 | €25,843 | €16,191 | -€9,651 | -37.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €8,550 | €8,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,988 | €4,336 | -€9,651 | -69.0% |
| Amounts payable | 17/49 | €32,419 | €31,159 | -€1,260 | -3.9% |
| Amounts payable within one year | 42/48 | €28,612 | €30,675 | +€2,063 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €1,456 | - | -€1,456 | |
| Financial debts | 43 | €5,039 | €9,148 | +€4,109 | +81.5% |
| Credit institutions | 430/8 | €5,039 | €9,148 | +€4,109 | +81.5% |
| Trade debts | 44 | €6,146 | €2,279 | -€3,867 | -62.9% |
| Suppliers | 440/4 | €6,146 | €2,279 | -€3,867 | -62.9% |
| Taxes, remuneration and social security | 45 | €3,312 | €3,119 | -€193 | -5.8% |
| Taxes | 450/3 | €3,312 | €3,119 | -€193 | -5.8% |
| Other amounts payable | 47/48 | €12,659 | €16,129 | +€3,469 | +27.4% |
| Accrued charges and deferred income | 492/3 | €3,807 | €484 | -€3,323 | -87.3% |
| Non-recurring operating income | 76A | €2,098 | - | -€2,098 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,957 | €1,993 | -€964 | -32.6% |
| Other operating charges | 640/8 | €246 | €257 | +€11 | +4.6% |
| Gross operating margin | 9900 | €11,717 | -€6,114 | -€17,831 | |
| Operating profit (loss) | 9901 | €8,514 | -€8,365 | -€16,879 | |
| Financial income | 75/76B | €10 | €3 | -€7 | -72.2% |
| Recurring financial income | 75 | €10 | €3 | -€7 | -72.2% |
| Financial charges | 65/66B | €2,454 | €1,289 | -€1,164 | -47.4% |
| Recurring financial charges | 65 | €2,454 | €1,289 | -€1,164 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €6,070 | -€9,651 | -€15,721 | |
| Income taxes | 67/77 | €1,815 | - | -€1,815 | |
| Profit (loss) for the period | 9904 | €4,254 | -€9,651 | -€13,906 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,254 | -€9,651 | -€13,906 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.