TECONA: 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.
TECONA
Largest movements
- Cash +€29,780
up €29,780 (+143.5%), from €20,758 to €50,538
mainly Net result for the year (+€25,909) and Trade debts (+€9,365)
- Tangible fixed assets +€10,361
new in 2025: €10,361
of which Land and buildings: +€7,178
- Receivables within one year +€3,523
up €3,523 (+92.2%), from €3,820 to €7,343
of which Trade receivables: +€2,857
- Reserves +€25,909
up €25,909 (+166.2%), from €15,592 to €41,501
- Trade debts +€9,365
up €9,365 (+57104.9%), from €16 to €9,382
- Tax, wage and social debts +€8,560
up €8,560 (+189.0%), from €4,529 to €13,089
of which Taxes: +€6,112
- Accrued charges and deferred income -€1,441
down €1,441 (-100.0%), from €1,441 to €0
- Advances received +€1,271
new in 2025: €1,271
- Gross operating margin +€14,591
up €14,591 (+72.2%), from €20,213 to €34,804
- Taxes +€2,379
up €2,379 (+52.5%), from €4,529 to €6,908
- Depreciation +€1,015
new in 2025: €1,015
- Financial charges +€833
new in 2025: €833
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 | €24,578 | €68,242 | +€43,664 | +177.7% |
| Fixed assets | 21/28 | - | €10,361 | +€10,361 | |
| Tangible fixed assets | 22/27 | - | €10,361 | +€10,361 | |
| Land and buildings | 22 | - | €7,178 | +€7,178 | |
| Plant, machinery and equipment | 23 | - | €3,183 | +€3,183 | |
| Current assets | 29/58 | €24,578 | €57,881 | +€33,303 | +135.5% |
| Amounts receivable within one year | 40/41 | €3,820 | €7,343 | +€3,523 | +92.2% |
| Trade receivables | 40 | €159 | €3,016 | +€2,857 | +1799.4% |
| Other amounts receivable | 41 | €3,661 | €4,327 | +€666 | +18.2% |
| Cash at bank and in hand | 54/58 | €20,758 | €50,538 | +€29,780 | +143.5% |
| Total equity and liabilities | 10/49 | €24,578 | €68,242 | +€43,664 | +177.7% |
| Equity | 10/15 | €18,592 | €44,501 | +€25,909 | +139.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,592 | €41,501 | +€25,909 | +166.2% |
| Distributable reserves | 133 | €15,592 | €41,501 | +€25,909 | +166.2% |
| Amounts payable | 17/49 | €5,986 | €23,741 | +€17,755 | +296.6% |
| Amounts payable within one year | 42/48 | €4,545 | €23,741 | +€19,196 | +422.4% |
| Trade debts | 44 | €16 | €9,382 | +€9,365 | +57104.9% |
| Suppliers | 440/4 | €16 | €9,382 | +€9,365 | +57104.9% |
| Advances received on contracts in progress | 46 | - | €1,271 | +€1,271 | |
| Taxes, remuneration and social security | 45 | €4,529 | €13,089 | +€8,560 | +189.0% |
| Taxes | 450/3 | €4,529 | €10,640 | +€6,112 | +135.0% |
| Remuneration and social security | 454/9 | - | €2,449 | +€2,449 | |
| Accrued charges and deferred income | 492/3 | €1,441 | €0 | -€1,441 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,015 | +€1,015 | |
| Other operating charges | 640/8 | €384 | €594 | +€210 | +54.6% |
| Gross operating margin | 9900 | €20,213 | €34,804 | +€14,591 | +72.2% |
| Operating profit (loss) | 9901 | €19,829 | €33,194 | +€13,366 | +67.4% |
| Financial income | 75/76B | €292 | €455 | +€163 | +55.9% |
| Recurring financial income | 75 | €292 | €455 | +€163 | +55.9% |
| Financial charges | 65/66B | - | €833 | +€833 | |
| Recurring financial charges | 65 | - | €833 | +€833 | |
| Profit (loss) for the period before taxes | 9903 | €20,121 | €32,817 | +€12,696 | +63.1% |
| Income taxes | 67/77 | €4,529 | €6,908 | +€2,379 | +52.5% |
| Profit (loss) for the period | 9904 | €15,592 | €25,909 | +€10,317 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,592 | €25,909 | +€10,317 | +66.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 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.