TECNOCHEM: 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.
TECNOCHEM
Largest movements
- Cash -€2.0m
down €2.0m (-95.2%), from €2.1m to €99,302
mainly Receivables within one year (-€1.3m) and Other debts (-€665,783)
- Receivables within one year +€1.3m
up €1.3m (+4588.5%), from €27,420 to €1.3m
of which Trade receivables: +€1.3m
- Other debts -€665,783
down €665,783 (-34.4%), from €1.9m to €1.3m
- Staff costs -€68,440
down €68,440 (-99.5%), from €68,809 to €369
- Financial charges +€58,025
up €58,025 (+103.8%), from €55,918 to €113,943
- Financial income +€25,870
up €25,870 (+104.1%), from €24,844 to €50,714
- Gross operating margin -€5,339
down €5,339 (-11.1%), from €48,155 to €42,816
- Other operating charges -€4,241
no longer reported in 2025 (was €4,241)
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 | €2,087,224 | €1,384,896 | -€702,328 | -33.6% |
| Current assets | 29/58 | €2,087,224 | €1,384,896 | -€702,328 | -33.6% |
| Amounts receivable within one year | 40/41 | €27,420 | €1,285,594 | +€1.3m | +4588.5% |
| Trade receivables | 40 | €6,104 | €1,280,806 | +€1.3m | +20883.1% |
| Other amounts receivable | 41 | €21,316 | €4,788 | -€16,528 | -77.5% |
| Cash at bank and in hand | 54/58 | €2,059,297 | €99,302 | -€2.0m | -95.2% |
| Deferred charges and accrued income | 490/1 | €507 | - | -€507 | |
| Total equity and liabilities | 10/49 | €2,087,224 | €1,384,896 | -€702,328 | -33.6% |
| Equity | 10/15 | €117,308 | €96,520 | -€20,788 | -17.7% |
| Contributions | 10/11 | €74,375 | €74,375 | = | 0.0% |
| Capital | 10 | €74,375 | €74,375 | = | 0.0% |
| Issued capital | 100 | €74,375 | €74,375 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,496 | €14,708 | -€20,788 | -58.6% |
| Amounts payable | 17/49 | €1,969,916 | €1,288,376 | -€681,540 | -34.6% |
| Amounts payable within one year | 42/48 | €1,969,916 | €1,288,376 | -€681,540 | -34.6% |
| Trade debts | 44 | €18,878 | €16,362 | -€2,516 | -13.3% |
| Suppliers | 440/4 | €18,878 | €16,362 | -€2,516 | -13.3% |
| Taxes, remuneration and social security | 45 | €13,241 | - | -€13,241 | |
| Taxes | 450/3 | €13,241 | - | -€13,241 | |
| Other amounts payable | 47/48 | €1,937,797 | €1,272,014 | -€665,783 | -34.4% |
| Remuneration, social security and pensions | 62 | €68,809 | €369 | -€68,440 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | - | -€288 | |
| Other operating charges | 640/8 | €4,241 | - | -€4,241 | |
| Gross operating margin | 9900 | €48,155 | €42,816 | -€5,339 | -11.1% |
| Operating profit (loss) | 9901 | -€25,183 | €42,447 | +€67,630 | |
| Financial income | 75/76B | €24,844 | €50,714 | +€25,870 | +104.1% |
| Recurring financial income | 75 | €24,844 | €50,714 | +€25,870 | +104.1% |
| Financial charges | 65/66B | €55,918 | €113,943 | +€58,025 | +103.8% |
| Recurring financial charges | 65 | €55,918 | €113,943 | +€58,025 | +103.8% |
| Profit (loss) for the period before taxes | 9903 | -€56,257 | -€20,782 | +€35,475 | +63.1% |
| Income taxes | 67/77 | €264 | €6 | -€258 | -97.7% |
| Profit (loss) for the period | 9904 | -€56,521 | -€20,788 | +€35,733 | +63.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€56,521 | -€20,788 | +€35,733 | +63.2% |
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 10 October 2026 via checked.be.