TECTIS MATA: 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.
TECTIS MATA
Largest movements
- Tangible fixed assets +€9,745
up €9,745 (+46.4%), from €21,000 to €30,745
of which Furniture and vehicles: +€9,745
- Stocks and contracts -€3,374
down €3,374 (-100.0%), from €3,374 to €0
- Cash -€3,295
down €3,295 (-39.8%), from €8,283 to €4,988
mainly Current portion of long-term debt (-€20,458) and Contributions, distributions and other (-€19,000)
- Receivables within one year +€1,160
up €1,160 (+2.8%), from €42,130 to €43,290
of which Trade receivables: +€6,647
- Intangible fixed assets -€971
down €971 (-33.0%), from €2,941 to €1,970
- Current portion of long-term debt -€20,458
down €20,458 (-81.8%), from €25,000 to €4,542
- Tax, wage and social debts +€14,482
up €14,482 (+163.6%), from €8,852 to €23,334
- Other debts +€6,183
up €6,183 (+23.8%), from €25,979 to €32,162
- Debts after one year +€4,030
new in 2025: €4,030
- Gross operating margin +€3,717
up €3,717 (+12.8%), from €29,011 to €32,728
- Depreciation +€2,011
up €2,011 (+158.6%), from €1,268 to €3,279
- Financial charges -€1,049
down €1,049 (-24.4%), from €4,293 to €3,244
- Taxes +€916
up €916 (+16.1%), from €5,670 to €6,586
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 | €86,267 | €90,883 | +€4,616 | +5.4% |
| Fixed assets | 21/28 | €32,380 | €42,082 | +€9,702 | +30.0% |
| Intangible fixed assets | 21 | €2,941 | €1,970 | -€971 | -33.0% |
| Tangible fixed assets | 22/27 | €21,000 | €30,745 | +€9,745 | +46.4% |
| Land and buildings | 22 | €21,000 | €21,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | - | €9,745 | +€9,745 | |
| Financial fixed assets | 28 | €8,439 | €9,367 | +€928 | +11.0% |
| Current assets | 29/58 | €53,887 | €48,800 | -€5,086 | -9.4% |
| Stocks and contracts in progress | 3 | €3,374 | €0 | -€3,374 | -100.0% |
| Stocks | 30/36 | €3,374 | €0 | -€3,374 | -100.0% |
| Amounts receivable within one year | 40/41 | €42,130 | €43,290 | +€1,160 | +2.8% |
| Trade receivables | 40 | €30,563 | €37,210 | +€6,647 | +21.7% |
| Other amounts receivable | 41 | €11,566 | €6,079 | -€5,487 | -47.4% |
| Current investments | 50/53 | €100 | €100 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,283 | €4,988 | -€3,295 | -39.8% |
| Deferred charges and accrued income | 490/1 | €0 | €423 | +€423 | |
| Total equity and liabilities | 10/49 | €86,267 | €90,883 | +€4,616 | +5.4% |
| Equity | 10/15 | €22,182 | €22,152 | -€30 | -0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182 | €152 | -€30 | -16.3% |
| Amounts payable | 17/49 | €64,085 | €68,730 | +€4,646 | +7.2% |
| Amounts payable after more than one year | 17 | - | €4,030 | +€4,030 | |
| Financial debts | 170/4 | - | €4,030 | +€4,030 | |
| Amounts payable within one year | 42/48 | €64,085 | €64,700 | +€615 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €4,542 | -€20,458 | -81.8% |
| Trade debts | 44 | €4,254 | €4,662 | +€408 | +9.6% |
| Suppliers | 440/4 | €4,254 | €4,662 | +€408 | +9.6% |
| Taxes, remuneration and social security | 45 | €8,852 | €23,334 | +€14,482 | +163.6% |
| Taxes | 450/3 | €8,852 | €23,334 | +€14,482 | +163.6% |
| Other amounts payable | 47/48 | €25,979 | €32,162 | +€6,183 | +23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,268 | €3,279 | +€2,011 | +158.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €776 | €649 | -€127 | -16.3% |
| Gross operating margin | 9900 | €29,011 | €32,728 | +€3,717 | +12.8% |
| Operating profit (loss) | 9901 | €26,967 | €28,800 | +€1,833 | +6.8% |
| Financial charges | 65/66B | €4,293 | €3,244 | -€1,049 | -24.4% |
| Recurring financial charges | 65 | €4,293 | €3,244 | -€1,049 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €22,675 | €25,556 | +€2,882 | +12.7% |
| Income taxes | 67/77 | €5,670 | €6,586 | +€916 | +16.1% |
| Profit (loss) for the period | 9904 | €17,004 | €18,970 | +€1,966 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,004 | €18,970 | +€1,966 | +11.6% |
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 6 October 2026 via checked.be.