TECOPHIL: 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.
TECOPHIL
Largest movements
- Cash -€18,311
down €18,311 (-77.3%), from €23,693 to €5,382
mainly Contributions, distributions and other (-€16,161) and Other debts (-€15,213)
- Receivables within one year -€8,071
down €8,071 (-27.2%), from €29,671 to €21,600
of which Other amounts receivable: -€18,780
- Tangible fixed assets +€7,811
up €7,811 (+888.9%), from €879 to €8,690
of which Furniture and vehicles: +€7,811
- Deferred charges and accrued income +€2,471
up €2,471 (+2586.2%), from €96 to €2,567
- Other debts -€15,213
down €15,213 (-45.9%), from €33,150 to €17,937
- Reserves +€6,690
new in 2025: €6,690
- Tax, wage and social debts -€5,128
down €5,128 (-37.6%), from €13,645 to €8,516
of which Taxes: -€2,928
- Profit (loss) carried forward -€2,863
down €2,863 (-100.0%), from €2,863 to €0
- Gross operating margin -€20,309
down €20,309 (-40.7%), from €49,884 to €29,576
- Taxes -€3,633
down €3,633 (-36.3%), from €10,000 to €6,367
- Depreciation +€1,639
up €1,639 (+122.6%), from €1,337 to €2,976
- Financial income -€715
no longer reported in 2025 (was €715)
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 | €54,338 | €38,238 | -€16,100 | -29.6% |
| Fixed assets | 21/28 | €879 | €8,690 | +€7,811 | +888.9% |
| Tangible fixed assets | 22/27 | €879 | €8,690 | +€7,811 | +888.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €879 | €8,690 | +€7,811 | +888.9% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Current assets | 29/58 | €53,459 | €29,548 | -€23,911 | -44.7% |
| Amounts receivable within one year | 40/41 | €29,671 | €21,600 | -€8,071 | -27.2% |
| Trade receivables | 40 | €6,888 | €17,596 | +€10,708 | +155.5% |
| Other amounts receivable | 41 | €22,783 | €4,004 | -€18,780 | -82.4% |
| Cash at bank and in hand | 54/58 | €23,693 | €5,382 | -€18,311 | -77.3% |
| Deferred charges and accrued income | 490/1 | €96 | €2,567 | +€2,471 | +2586.2% |
| Total equity and liabilities | 10/49 | €54,338 | €38,238 | -€16,100 | -29.6% |
| Equity | 10/15 | €4,863 | €8,690 | +€3,826 | +78.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €6,690 | +€6,690 | |
| Distributable reserves | 133 | - | €6,690 | +€6,690 | |
| Profit (loss) carried forward | 14 | €2,863 | €0 | -€2,863 | -100.0% |
| Amounts payable | 17/49 | €49,475 | €29,548 | -€19,926 | -40.3% |
| Amounts payable within one year | 42/48 | €49,467 | €29,548 | -€19,919 | -40.3% |
| Trade debts | 44 | €2,672 | €3,095 | +€423 | +15.8% |
| Suppliers | 440/4 | €2,672 | €3,095 | +€423 | +15.8% |
| Taxes, remuneration and social security | 45 | €13,645 | €8,516 | -€5,128 | -37.6% |
| Taxes | 450/3 | €11,445 | €8,516 | -€2,928 | -25.6% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100.0% |
| Other amounts payable | 47/48 | €33,150 | €17,937 | -€15,213 | -45.9% |
| Accrued charges and deferred income | 492/3 | €8 | €0 | -€8 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,337 | €2,976 | +€1,639 | +122.6% |
| Other operating charges | 640/8 | - | €154 | +€154 | |
| Gross operating margin | 9900 | €49,884 | €29,576 | -€20,309 | -40.7% |
| Operating profit (loss) | 9901 | €48,548 | €26,446 | -€22,102 | -45.5% |
| Financial income | 75/76B | €715 | - | -€715 | |
| Recurring financial income | 75 | €715 | - | -€715 | |
| Financial charges | 65/66B | €92 | €92 | +€0 | +0.5% |
| Recurring financial charges | 65 | €92 | €92 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €49,171 | €26,354 | -€22,817 | -46.4% |
| Income taxes | 67/77 | €10,000 | €6,367 | -€3,633 | -36.3% |
| Profit (loss) for the period | 9904 | €39,171 | €19,987 | -€19,184 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €39,171 | €19,987 | -€19,184 | -49.0% |
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.