TECNIX: 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.
TECNIX
Largest movements
- Cash -€323,477
down €323,477 (-61.3%), from €527,879 to €204,402
- Current investments +€150,000
up €150,000 (+43221.4%), from €347 to €150,347
- Tangible fixed assets +€87,191
up €87,191 (+12.6%), from €690,412 to €777,603
of which Land and buildings: +€84,604
- Profit (loss) carried forward -€48,313
down €48,313 (-8.2%), from €591,809 to €543,496
- Reserves -€19,905
down €19,905 (-4.2%), from €474,621 to €454,716
of which Tax-exempt reserves: -€19,905
- Gross operating margin -€104,280
down €104,280, from €77,674 to -€26,605
- Financial income +€10,821
up €10,821 (+3952.9%), from €274 to €11,095
- Taxes -€6,995
down €6,995 (-70.3%), from €9,950 to €2,955
- Other operating charges -€2,425
down €2,425 (-34.8%), from €6,966 to €4,541
- Depreciation +€1,096
up €1,096 (+4.0%), from €27,180 to €28,277
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,238,403 | €1,153,716 | -€84,687 | -6.8% |
| Fixed assets | 21/28 | €700,412 | €787,603 | +€87,191 | +12.4% |
| Tangible fixed assets | 22/27 | €690,412 | €777,603 | +€87,191 | +12.6% |
| Land and buildings | 22 | €680,886 | €765,490 | +€84,604 | +12.4% |
| Plant, machinery and equipment | 23 | €217 | €41 | -€177 | -81.3% |
| Furniture and vehicles | 24 | €4,300 | €8,102 | +€3,801 | +88.4% |
| Other tangible fixed assets | 26 | €5,008 | €3,970 | -€1,038 | -20.7% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €537,992 | €366,113 | -€171,878 | -31.9% |
| Amounts receivable within one year | 40/41 | €9,766 | €10,836 | +€1,071 | +11.0% |
| Trade receivables | 40 | €8,870 | €9,923 | +€1,054 | +11.9% |
| Other amounts receivable | 41 | €896 | €913 | +€17 | +1.9% |
| Current investments | 50/53 | €347 | €150,347 | +€150,000 | +43221.4% |
| Cash at bank and in hand | 54/58 | €527,879 | €204,402 | -€323,477 | -61.3% |
| Deferred charges and accrued income | 490/1 | - | €528 | +€528 | |
| Total equity and liabilities | 10/49 | €1,238,403 | €1,153,716 | -€84,687 | -6.8% |
| Equity | 10/15 | €1,085,030 | €1,016,812 | -€68,218 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €474,621 | €454,716 | -€19,905 | -4.2% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €270,811 | €250,906 | -€19,905 | -7.4% |
| Distributable reserves | 133 | €201,950 | €201,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €591,809 | €543,496 | -€48,313 | -8.2% |
| Provisions and deferred taxes | 16 | €140,628 | €130,824 | -€9,804 | -7.0% |
| Deferred taxes | 168 | €140,628 | €130,824 | -€9,804 | -7.0% |
| Amounts payable | 17/49 | €12,746 | €6,080 | -€6,666 | -52.3% |
| Amounts payable within one year | 42/48 | €12,746 | €6,080 | -€6,666 | -52.3% |
| Trade debts | 44 | €342 | €2,670 | +€2,328 | +681.7% |
| Suppliers | 440/4 | €342 | €2,670 | +€2,328 | +681.7% |
| Taxes, remuneration and social security | 45 | €12,404 | €3,410 | -€8,994 | -72.5% |
| Taxes | 450/3 | €9,440 | - | -€9,440 | |
| Remuneration and social security | 454/9 | €2,964 | €3,410 | +€446 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,180 | €28,277 | +€1,096 | +4.0% |
| Other operating charges | 640/8 | €6,966 | €4,541 | -€2,425 | -34.8% |
| Gross operating margin | 9900 | €77,674 | -€26,605 | -€104,280 | |
| Operating profit (loss) | 9901 | €43,529 | -€59,423 | -€102,952 | |
| Financial income | 75/76B | €274 | €11,095 | +€10,821 | +3952.9% |
| Recurring financial income | 75 | €274 | €11,095 | +€10,821 | +3952.9% |
| Financial charges | 65/66B | €106 | €122 | +€16 | +15.2% |
| Recurring financial charges | 65 | €106 | €122 | +€16 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €43,697 | -€48,450 | -€92,146 | |
| Transfer from deferred taxes | 780 | €4,902 | €4,902 | = | 0.0% |
| Income taxes | 67/77 | €9,950 | €2,955 | -€6,995 | -70.3% |
| Profit (loss) for the period | 9904 | €38,649 | -€46,503 | -€85,151 | |
| Transfer from tax-exempt reserves | 789 | €9,952 | €9,952 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,601 | -€36,550 | -€85,151 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.