TECNISTONE: 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.
TECNISTONE
Largest movements
- Tangible fixed assets -€30,666
down €30,666 (-23.4%), from €131,281 to €100,615
of which Plant, machinery and equipment: -€30,494
- Cash -€29,705
down €29,705 (-95.9%), from €30,978 to €1,273
mainly Current portion of long-term debt (-€23,104) and Debts after one year (-€16,701)
- Stocks and contracts -€3,977
down €3,977 (-15.3%), from €26,056 to €22,079
- Current portion of long-term debt -€23,104
down €23,104 (-58.0%), from €39,806 to €16,701
- Debts after one year -€16,701
no longer reported in 2025 (was €16,701)
- Trade debts -€13,855
down €13,855 (-24.0%), from €57,647 to €43,792
- Profit (loss) carried forward -€10,105
down €10,105, from €7,693 to -€2,412
- Gross operating margin +€30,574
up €30,574, from -€9,602 to €20,972
- Depreciation -€7,306
down €7,306 (-19.2%), from €37,972 to €30,666
- Financial income -€1,676
down €1,676 (-93.4%), from €1,795 to €119
- Financial charges -€394
down €394 (-42.6%), from €924 to €530
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 | €224,681 | €161,176 | -€63,505 | -28.3% |
| Fixed assets | 21/28 | €131,431 | €100,720 | -€30,711 | -23.4% |
| Tangible fixed assets | 22/27 | €131,281 | €100,615 | -€30,666 | -23.4% |
| Plant, machinery and equipment | 23 | €130,544 | €100,050 | -€30,494 | -23.4% |
| Furniture and vehicles | 24 | €737 | €564 | -€173 | -23.4% |
| Financial fixed assets | 28 | €150 | €105 | -€45 | -30.0% |
| Current assets | 29/58 | €93,250 | €60,456 | -€32,794 | -35.2% |
| Stocks and contracts in progress | 3 | €26,056 | €22,079 | -€3,977 | -15.3% |
| Stocks | 30/36 | €26,056 | €22,079 | -€3,977 | -15.3% |
| Amounts receivable within one year | 40/41 | €36,216 | €37,104 | +€888 | +2.5% |
| Trade receivables | 40 | €31,367 | €37,104 | +€5,737 | +18.3% |
| Other amounts receivable | 41 | €4,849 | - | -€4,849 | |
| Cash at bank and in hand | 54/58 | €30,978 | €1,273 | -€29,705 | -95.9% |
| Total equity and liabilities | 10/49 | €224,681 | €161,176 | -€63,505 | -28.3% |
| Equity | 10/15 | €107,693 | €97,588 | -€10,105 | -9.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,693 | -€2,412 | -€10,105 | |
| Amounts payable | 17/49 | €116,988 | €63,588 | -€53,400 | -45.6% |
| Amounts payable after more than one year | 17 | €16,701 | - | -€16,701 | |
| Financial debts | 170/4 | €16,701 | - | -€16,701 | |
| Amounts payable within one year | 42/48 | €98,686 | €61,988 | -€36,699 | -37.2% |
| Current portion of amounts payable after more than one year | 42 | €39,806 | €16,701 | -€23,104 | -58.0% |
| Trade debts | 44 | €57,647 | €43,792 | -€13,855 | -24.0% |
| Suppliers | 440/4 | €57,647 | €43,792 | -€13,855 | -24.0% |
| Taxes, remuneration and social security | 45 | €1,234 | €1,494 | +€260 | +21.1% |
| Remuneration and social security | 454/9 | €1,234 | €1,494 | +€260 | +21.1% |
| Accrued charges and deferred income | 492/3 | €1,600 | €1,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,972 | €30,666 | -€7,306 | -19.2% |
| Other operating charges | 640/8 | €82 | - | -€82 | |
| Gross operating margin | 9900 | -€9,602 | €20,972 | +€30,574 | |
| Operating profit (loss) | 9901 | -€47,657 | -€9,694 | +€37,962 | +79.7% |
| Financial income | 75/76B | €1,795 | €119 | -€1,676 | -93.4% |
| Recurring financial income | 75 | €1,795 | €119 | -€1,676 | -93.4% |
| Financial charges | 65/66B | €924 | €530 | -€394 | -42.6% |
| Recurring financial charges | 65 | €924 | €530 | -€394 | -42.6% |
| Profit (loss) for the period before taxes | 9903 | -€46,785 | -€10,105 | +€36,680 | +78.4% |
| Profit (loss) for the period | 9904 | -€46,785 | -€10,105 | +€36,680 | +78.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,785 | -€10,105 | +€36,680 | +78.4% |
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.