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TECQMENNE: 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.

What changed

TECQMENNE

BE 0440.106.816
NACE 46.432, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€7,700
2024 · €1,137+€6,564
Equity
€265,515
2024 · €264,814+€700
Cash
€15,530
2024 · €33,220-€17,690
Balance sheet total
€462,941
2024 · €469,068-€6,126

Largest movements

2024 to 2025
Assets
  • Cash -€17,690

    down €17,690 (-53.3%), from €33,220 to €15,530

    mainly Trade debts (-€16,889) and Receivables after one year (-€13,329)

  • Receivables after one year +€13,329

    up €13,329 (+3.2%), from €421,918 to €435,247

Equity and liabilities
  • Trade debts -€16,889

    down €16,889 (-60.0%), from €28,130 to €11,241

  • Other debts +€10,481

    up €10,481 (+6.0%), from €175,164 to €185,644

Income statement
  • Financial income +€7,091

    up €7,091 (+84.3%), from €8,411 to €15,503

  • Financial charges +€2,289

    up €2,289 (+86.0%), from €2,661 to €4,950

  • Depreciation -€1,079

    down €1,079 (-28.6%), from €3,776 to €2,696

  • Gross operating margin +€1,005

    up €1,005, from -€76 to €930

  • Other operating charges +€403

    up €403 (+287.1%), from €141 to €544

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,137
Gross operating margin +€1,005
Depreciation +€1,079
Other operating charges -€403
Financial income +€7,091
Financial charges -€2,289
Taxes +€80
Result 2025 €7,700

Cash bridge derived

cash 2024 to 2025

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.

From operations -€7,964
Investment -€2,726
Financing -€7,000
Cash 2024 €33,220
Net result for the year +€7,700
Depreciation +€2,696
Receivables after one year -€13,329
Receivables within one year +€1,795
Trade debts -€16,889
Tax, wage and social debts +€130
Advances received -€548
Other debts +€10,481
Investment in fixed assets (net) -€2,726
Contributions, distributions and other -€7,000
Cash 2025 €15,530
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €469,068 €462,941 -€6,126 -1.3%
Fixed assets 21/28 €4,346 €4,376 +€30 +0.7%
Tangible fixed assets 22/27 €4,346 €4,376 +€30 +0.7%
Plant, machinery and equipment 23 €4,346 €4,376 +€30 +0.7%
Current assets 29/58 €464,722 €458,565 -€6,156 -1.3%
Amounts receivable after more than one year 29 €421,918 €435,247 +€13,329 +3.2%
Other amounts receivable 291 €421,918 €435,247 +€13,329 +3.2%
Amounts receivable within one year 40/41 €9,583 €7,788 -€1,795 -18.7%
Trade receivables 40 €8,982 €6,717 -€2,265 -25.2%
Other amounts receivable 41 €601 €1,071 +€470 +78.1%
Cash at bank and in hand 54/58 €33,220 €15,530 -€17,690 -53.3%
Total equity and liabilities 10/49 €469,068 €462,941 -€6,126 -1.3%
Equity 10/15 €264,814 €265,515 +€700 +0.3%
Contributions 10/11 €136,500 €136,500 = 0.0%
Capital 10 €136,500 €136,500 = 0.0%
Issued capital 100 €136,500 €136,500 = 0.0%
Reserves 13 €128,314 €129,015 +€700 +0.5%
Non-distributable reserves 130/1 €13,650 €13,650 = 0.0%
Legal reserve 130 €13,650 €13,650 = 0.0%
Distributable reserves 133 €114,664 €115,365 +€700 +0.6%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €204,253 €197,427 -€6,826 -3.3%
Amounts payable within one year 42/48 €204,253 €197,427 -€6,826 -3.3%
Trade debts 44 €28,130 €11,241 -€16,889 -60.0%
Suppliers 440/4 €28,130 €11,241 -€16,889 -60.0%
Advances received on contracts in progress 46 €548 €0 -€548 -100.0%
Taxes, remuneration and social security 45 €412 €542 +€130 +31.5%
Taxes 450/3 €412 €542 +€130 +31.5%
Other amounts payable 47/48 €175,164 €185,644 +€10,481 +6.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,776 €2,696 -€1,079 -28.6%
Other operating charges 640/8 €141 €544 +€403 +287.1%
Gross operating margin 9900 -€76 €930 +€1,005
Operating profit (loss) 9901 -€3,992 -€2,310 +€1,682 +42.1%
Financial income 75/76B €8,411 €15,503 +€7,091 +84.3%
Recurring financial income 75 €8,411 €15,503 +€7,091 +84.3%
Financial charges 65/66B €2,661 €4,950 +€2,289 +86.0%
Recurring financial charges 65 €2,661 €4,950 +€2,289 +86.0%
Profit (loss) for the period before taxes 9903 €1,759 €8,242 +€6,484 +368.7%
Income taxes 67/77 €622 €542 -€80 -12.8%
Profit (loss) for the period 9904 €1,137 €7,700 +€6,564 +577.5%
Profit (loss) for the period to be appropriated 9905 €1,137 €7,700 +€6,564 +577.5%

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 30 September 2026 via checked.be.