TecProDeCo: what changed
Two fiscal 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.
TecProDeCo
Largest movements
- Cash -€98,513
down €98,513 (-68.3%), from €144,307 to €45,795
mainly Net result for the year (-€42,731) and Contributions, distributions and other (-€35,714)
- Tangible fixed assets -€25,204
down €25,204 (-22.1%), from €114,282 to €89,078
of which Leasing and similar rights: -€21,072
- Profit (loss) carried forward -€42,731
down €42,731 (-42.1%), from €101,451 to €58,720
- Reserves -€35,714
down €35,714 (-25.1%), from €142,315 to €106,601
of which Distributable reserves: -€35,714
- Debts after one year -€19,865
down €19,865 (-25.9%), from €76,801 to €56,937
- Tax, wage and social debts -€13,647
down €13,647 (-39.5%), from €34,559 to €20,913
- Trade debts -€9,852
down €9,852 (-85.2%), from €11,566 to €1,715
- Gross operating margin -€47,023
down €47,023, from €33,280 to -€13,743
- Depreciation +€13,466
up €13,466 (+114.7%), from €11,738 to €25,204
- Taxes -€5,862
down €5,862, from €5,820 to -€42
- Other operating charges -€1,092
down €1,092 (-49.8%), from €2,194 to €1,102
- Financial charges +€1,068
up €1,068 (+49.0%), from €2,179 to €3,247
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 | €402,388 | €280,665 | -€121,722 | -30.3% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €114,282 | €89,078 | -€25,204 | -22.1% |
| Tangible fixed assets | 22/27 | €114,282 | €89,078 | -€25,204 | -22.1% |
| Furniture and vehicles | 24 | €5,537 | €4,303 | -€1,234 | -22.3% |
| Leasing and similar rights | 25 | €95,226 | €74,154 | -€21,072 | -22.1% |
| Other tangible fixed assets | 26 | €13,519 | €10,621 | -€2,898 | -21.4% |
| Current assets | 29/58 | €288,106 | €191,587 | -€96,518 | -33.5% |
| Amounts receivable within one year | 40/41 | €143,364 | €145,581 | +€2,218 | +1.5% |
| Trade receivables | 40 | €18,892 | €8,470 | -€10,422 | -55.2% |
| Other amounts receivable | 41 | €124,472 | €137,111 | +€12,639 | +10.2% |
| Cash at bank and in hand | 54/58 | €144,307 | €45,795 | -€98,513 | -68.3% |
| Deferred charges and accrued income | 490/1 | €435 | €212 | -€223 | -51.3% |
| Total equity and liabilities | 10/49 | €402,388 | €280,665 | -€121,722 | -30.3% |
| Equity | 10/15 | €256,266 | €177,821 | -€78,445 | -30.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €142,315 | €106,601 | -€35,714 | -25.1% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €121,710 | €85,996 | -€35,714 | -29.3% |
| Profit (loss) carried forward | 14 | €101,451 | €58,720 | -€42,731 | -42.1% |
| Amounts payable | 17/49 | €146,121 | €102,844 | -€43,277 | -29.6% |
| Amounts payable after more than one year | 17 | €76,801 | €56,937 | -€19,865 | -25.9% |
| Financial debts | 170/4 | €76,801 | €56,937 | -€19,865 | -25.9% |
| Amounts payable within one year | 42/48 | €69,320 | €45,908 | -€23,412 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €19,200 | €19,865 | +€665 | +3.5% |
| Trade debts | 44 | €11,566 | €1,715 | -€9,852 | -85.2% |
| Suppliers | 440/4 | €11,566 | €1,715 | -€9,852 | -85.2% |
| Advances received on contracts in progress | 46 | €349 | €349 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €34,559 | €20,913 | -€13,647 | -39.5% |
| Taxes | 450/3 | €34,559 | €20,913 | -€13,647 | -39.5% |
| Other amounts payable | 47/48 | €3,646 | €3,067 | -€579 | -15.9% |
| Non-recurring operating income | 76A | €5,050 | - | -€5,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,738 | €25,204 | +€13,466 | +114.7% |
| Other operating charges | 640/8 | €2,194 | €1,102 | -€1,092 | -49.8% |
| Gross operating margin | 9900 | €33,280 | -€13,743 | -€47,023 | |
| Operating profit (loss) | 9901 | €19,348 | -€40,049 | -€59,397 | |
| Financial income | 75/76B | €630 | €524 | -€107 | -16.9% |
| Recurring financial income | 75 | €630 | €524 | -€107 | -16.9% |
| Financial charges | 65/66B | €2,179 | €3,247 | +€1,068 | +49.0% |
| Recurring financial charges | 65 | €2,179 | €3,247 | +€1,068 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €17,799 | -€42,773 | -€60,572 | |
| Income taxes | 67/77 | €5,820 | -€42 | -€5,862 | |
| Profit (loss) for the period | 9904 | €11,979 | -€42,731 | -€54,710 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,979 | -€42,731 | -€54,710 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.