TECNOTUGA: 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.
TECNOTUGA
Largest movements
- Receivables within one year +€68,175
up €68,175 (+116.1%), from €58,715 to €126,890
of which Other amounts receivable: +€46,604
- Cash -€42,258
down €42,258 (-76.6%), from €55,159 to €12,901
mainly Receivables within one year (-€68,175) and Investment in fixed assets (net) (-€41,747)
- Tangible fixed assets +€31,272
up €31,272 (+78.8%), from €39,704 to €70,976
of which Furniture and vehicles: +€28,569
- Stocks and contracts +€7,864
new in 2025: €7,864
- Profit (loss) carried forward +€32,310
up €32,310 (+29.2%), from €110,579 to €142,890
- Trade debts +€25,830
up €25,830 (+136.2%), from €18,963 to €44,792
- Tax, wage and social debts +€5,808
up €5,808 (+21.3%), from €27,220 to €33,028
of which Remuneration and social security: +€6,937
- Gross operating margin -€52,708
down €52,708 (-45.0%), from €117,246 to €64,538
- Taxes -€20,282
down €20,282 (-72.2%), from €28,097 to €7,815
- Other operating charges +€7,949
up €7,949 (+177.1%), from €4,487 to €12,436
- Depreciation -€1,215
down €1,215 (-10.4%), from €11,691 to €10,475
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 | €174,028 | €239,080 | +€65,052 | +37.4% |
| Fixed assets | 21/28 | €60,154 | €91,426 | +€31,272 | +52.0% |
| Tangible fixed assets | 22/27 | €39,704 | €70,976 | +€31,272 | +78.8% |
| Plant, machinery and equipment | 23 | €2,831 | €5,533 | +€2,703 | +95.5% |
| Furniture and vehicles | 24 | €36,874 | €65,443 | +€28,569 | +77.5% |
| Financial fixed assets | 28 | €20,450 | €20,450 | = | 0.0% |
| Current assets | 29/58 | €113,874 | €147,654 | +€33,780 | +29.7% |
| Stocks and contracts in progress | 3 | - | €7,864 | +€7,864 | |
| Stocks | 30/36 | - | €7,864 | +€7,864 | |
| Amounts receivable within one year | 40/41 | €58,715 | €126,890 | +€68,175 | +116.1% |
| Trade receivables | 40 | €16,439 | €38,010 | +€21,570 | +131.2% |
| Other amounts receivable | 41 | €42,276 | €88,880 | +€46,604 | +110.2% |
| Cash at bank and in hand | 54/58 | €55,159 | €12,901 | -€42,258 | -76.6% |
| Total equity and liabilities | 10/49 | €174,028 | €239,080 | +€65,052 | +37.4% |
| Equity | 10/15 | €115,579 | €147,890 | +€32,310 | +28.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €110,579 | €142,890 | +€32,310 | +29.2% |
| Amounts payable | 17/49 | €58,449 | €91,190 | +€32,742 | +56.0% |
| Amounts payable within one year | 42/48 | €58,449 | €91,190 | +€32,742 | +56.0% |
| Trade debts | 44 | €18,963 | €44,792 | +€25,830 | +136.2% |
| Suppliers | 440/4 | €18,963 | €44,792 | +€25,830 | +136.2% |
| Taxes, remuneration and social security | 45 | €27,220 | €33,028 | +€5,808 | +21.3% |
| Taxes | 450/3 | €27,220 | €26,091 | -€1,129 | -4.1% |
| Remuneration and social security | 454/9 | - | €6,937 | +€6,937 | |
| Other amounts payable | 47/48 | €12,266 | €13,370 | +€1,104 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,691 | €10,475 | -€1,215 | -10.4% |
| Other operating charges | 640/8 | €4,487 | €12,436 | +€7,949 | +177.1% |
| Non-recurring operating charges | 66A | - | €2,019 | +€2,019 | |
| Gross operating margin | 9900 | €117,246 | €64,538 | -€52,708 | -45.0% |
| Operating profit (loss) | 9901 | €101,068 | €39,607 | -€61,461 | -60.8% |
| Financial income | 75/76B | €552 | €987 | +€435 | +78.8% |
| Recurring financial income | 75 | €552 | €987 | +€435 | +78.8% |
| Financial charges | 65/66B | €725 | €469 | -€256 | -35.3% |
| Recurring financial charges | 65 | €725 | €469 | -€256 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €100,895 | €40,125 | -€60,770 | -60.2% |
| Income taxes | 67/77 | €28,097 | €7,815 | -€20,282 | -72.2% |
| Profit (loss) for the period | 9904 | €72,798 | €32,310 | -€40,488 | -55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,798 | €32,310 | -€40,488 | -55.6% |
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 11 October 2026 via checked.be.