TECTRABA: 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.
TECTRABA
Largest movements
- Receivables within one year +€147,689
up €147,689 (+932.7%), from €15,835 to €163,523
of which Trade receivables: +€140,918
- Cash +€24,736
up €24,736 (+15097.4%), from €164 to €24,899
mainly Trade debts (+€156,777) and Advances received (+€29,883)
- Tangible fixed assets +€20,235
up €20,235 (+4115.9%), from €492 to €20,727
of which Plant, machinery and equipment: +€19,147
- Trade debts +€156,777
up €156,777 (+5967.4%), from €2,627 to €159,404
- Advances received +€29,883
new in 2025: €29,883
- Profit (loss) carried forward +€3,685
up €3,685 (+63.8%), from €5,772 to €9,457
- Turnover +€292,535
new in 2025: €292,535
- Purchases and services +€277,940
new in 2025: €277,940
- Gross operating margin +€8,237
up €8,237 (+101.5%), from €8,118 to €16,355
- Other operating charges +€4,422
up €4,422 (+664.5%), from €665 to €5,087
- Depreciation +€2,991
up €2,991 (+40635.3%), from €7 to €2,998
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 | €18,063 | €210,512 | +€192,449 | +1065.4% |
| Fixed assets | 21/28 | €855 | €21,090 | +€20,235 | +2367.7% |
| Tangible fixed assets | 22/27 | €492 | €20,727 | +€20,235 | +4115.9% |
| Plant, machinery and equipment | 23 | €492 | €19,638 | +€19,147 | +3894.5% |
| Furniture and vehicles | 24 | - | €1,089 | +€1,089 | |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €17,208 | €189,422 | +€172,214 | +1000.8% |
| Amounts receivable within one year | 40/41 | €15,835 | €163,523 | +€147,689 | +932.7% |
| Trade receivables | 40 | €15,011 | €155,929 | +€140,918 | +938.8% |
| Other amounts receivable | 41 | €824 | €7,594 | +€6,770 | +821.7% |
| Cash at bank and in hand | 54/58 | €164 | €24,899 | +€24,736 | +15097.4% |
| Deferred charges and accrued income | 490/1 | €1,210 | €999 | -€211 | -17.4% |
| Total equity and liabilities | 10/49 | €18,063 | €210,512 | +€192,449 | +1065.4% |
| Equity | 10/15 | €8,272 | €11,957 | +€3,685 | +44.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,772 | €9,457 | +€3,685 | +63.8% |
| Amounts payable | 17/49 | €9,791 | €198,555 | +€188,765 | +1928.0% |
| Amounts payable within one year | 42/48 | €9,791 | €198,555 | +€188,765 | +1928.0% |
| Trade debts | 44 | €2,627 | €159,404 | +€156,777 | +5967.4% |
| Suppliers | 440/4 | €2,627 | €159,404 | +€156,777 | +5967.4% |
| Advances received on contracts in progress | 46 | - | €29,883 | +€29,883 | |
| Taxes, remuneration and social security | 45 | €7,164 | €7,363 | +€200 | +2.8% |
| Taxes | 450/3 | €2,289 | €7,363 | +€5,075 | +221.7% |
| Remuneration and social security | 454/9 | €4,875 | - | -€4,875 | |
| Other amounts payable | 47/48 | - | €1,904 | +€1,904 | |
| Turnover | 70 | - | €292,535 | +€292,535 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €277,940 | +€277,940 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7 | €2,998 | +€2,991 | +40635.3% |
| Other operating charges | 640/8 | €665 | €5,087 | +€4,422 | +664.5% |
| Gross operating margin | 9900 | €8,118 | €16,355 | +€8,237 | +101.5% |
| Operating profit (loss) | 9901 | €7,445 | €8,270 | +€825 | +11.1% |
| Financial income | 75/76B | €0 | €176 | +€176 | +1757100.0% |
| Recurring financial income | 75 | €0 | €176 | +€176 | +1757100.0% |
| Financial charges | 65/66B | €85 | €287 | +€202 | +238.5% |
| Recurring financial charges | 65 | €85 | €287 | +€202 | +238.5% |
| Profit (loss) for the period before taxes | 9903 | €7,361 | €8,159 | +€799 | +10.9% |
| Income taxes | 67/77 | €1,589 | €4,475 | +€2,886 | +181.7% |
| Profit (loss) for the period | 9904 | €5,772 | €3,685 | -€2,087 | -36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,772 | €3,685 | -€2,087 | -36.2% |
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.