Tecotek: 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.
Tecotek
Largest movements
- Stocks and contracts +€151,365
up €151,365 (+334.5%), from €45,255 to €196,620
- Cash +€133,325
up €133,325 (+168.5%), from €79,112 to €212,437
mainly Net result for the year (+€227,991) and Other debts (+€145,691)
- Receivables within one year +€79,663
up €79,663 (+75.7%), from €105,248 to €184,911
of which Trade receivables: +€64,855
- Other debts +€145,691
up €145,691 (+67.1%), from €217,078 to €362,769
- Reserves +€127,991
up €127,991 (+309.8%), from €41,314 to €169,305
- Tax, wage and social debts +€33,328
up €33,328 (+178.6%), from €18,662 to €51,990
of which Taxes: +€34,797
- Debts after one year +€29,316
new in 2026: €29,316
- Trade debts +€18,049
up €18,049 (+26.2%), from €68,928 to €86,976
- Gross operating margin +€311,959
up €311,959 (+196.4%), from €158,824 to €470,783
- Staff costs +€72,573
up €72,573 (+96.1%), from €75,557 to €148,129
- Taxes +€36,400
up €36,400 (+408.7%), from €8,907 to €45,307
- Depreciation +€8,063
up €8,063 (+26.6%), from €30,264 to €38,327
- Financial charges +€6,085
up €6,085 (+322.3%), from €1,888 to €7,974
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €350,782 | €712,424 | +€361,641 | +103.1% |
| Fixed assets | 21/28 | €115,460 | €112,552 | -€2,908 | -2.5% |
| Tangible fixed assets | 22/27 | €115,460 | €112,552 | -€2,908 | -2.5% |
| Plant, machinery and equipment | 23 | €33,548 | €17,662 | -€15,885 | -47.4% |
| Furniture and vehicles | 24 | €81,912 | €94,890 | +€12,977 | +15.8% |
| Current assets | 29/58 | €235,323 | €599,872 | +€364,549 | +154.9% |
| Stocks and contracts in progress | 3 | €45,255 | €196,620 | +€151,365 | +334.5% |
| Stocks | 30/36 | €45,255 | €196,620 | +€151,365 | +334.5% |
| Amounts receivable within one year | 40/41 | €105,248 | €184,911 | +€79,663 | +75.7% |
| Trade receivables | 40 | €58,405 | €123,260 | +€64,855 | +111.0% |
| Other amounts receivable | 41 | €46,842 | €61,651 | +€14,809 | +31.6% |
| Cash at bank and in hand | 54/58 | €79,112 | €212,437 | +€133,325 | +168.5% |
| Deferred charges and accrued income | 490/1 | €5,708 | €5,904 | +€196 | +3.4% |
| Total equity and liabilities | 10/49 | €350,782 | €712,424 | +€361,641 | +103.1% |
| Equity | 10/15 | €46,114 | €174,105 | +€127,991 | +277.6% |
| Contributions | 10/11 | €4,800 | €4,800 | = | 0.0% |
| Reserves | 13 | €41,314 | €169,305 | +€127,991 | +309.8% |
| Distributable reserves | 133 | €41,314 | €169,305 | +€127,991 | +309.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €304,668 | €538,319 | +€233,650 | +76.7% |
| Amounts payable after more than one year | 17 | - | €29,316 | +€29,316 | |
| Financial debts | 170/4 | - | €29,316 | +€29,316 | |
| Amounts payable within one year | 42/48 | €304,668 | €509,003 | +€204,334 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,267 | +€7,267 | |
| Trade debts | 44 | €68,928 | €86,976 | +€18,049 | +26.2% |
| Suppliers | 440/4 | €68,928 | €86,976 | +€18,049 | +26.2% |
| Taxes, remuneration and social security | 45 | €18,662 | €51,990 | +€33,328 | +178.6% |
| Taxes | 450/3 | €9,028 | €43,826 | +€34,797 | +385.4% |
| Remuneration and social security | 454/9 | €9,634 | €8,164 | -€1,470 | -15.3% |
| Other amounts payable | 47/48 | €217,078 | €362,769 | +€145,691 | +67.1% |
| Remuneration, social security and pensions | 62 | €75,557 | €148,129 | +€72,573 | +96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,264 | €38,327 | +€8,063 | +26.6% |
| Other operating charges | 640/8 | €928 | €700 | -€227 | -24.5% |
| Non-recurring operating charges | 66A | - | €2,557 | +€2,557 | |
| Gross operating margin | 9900 | €158,824 | €470,783 | +€311,959 | +196.4% |
| Operating profit (loss) | 9901 | €52,076 | €281,070 | +€228,994 | +439.7% |
| Financial income | 75/76B | €33 | €202 | +€169 | +516.6% |
| Recurring financial income | 75 | €33 | €202 | +€169 | +516.6% |
| Financial charges | 65/66B | €1,888 | €7,974 | +€6,085 | +322.3% |
| Recurring financial charges | 65 | €1,888 | €7,974 | +€6,085 | +322.3% |
| Profit (loss) for the period before taxes | 9903 | €50,221 | €273,298 | +€223,078 | +444.2% |
| Income taxes | 67/77 | €8,907 | €45,307 | +€36,400 | +408.7% |
| Profit (loss) for the period | 9904 | €41,314 | €227,991 | +€186,677 | +451.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,314 | €227,991 | +€186,677 | +451.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.