Tectric: 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.
Tectric
Largest movements
- Receivables within one year +€47,112
up €47,112 (+454.0%), from €10,377 to €57,489
of which Trade receivables: +€47,145
- Cash +€34,416
up €34,416 (+80.3%), from €42,857 to €77,273
mainly Debts after one year (+€50,000) and Trade debts (+€33,770)
- Tangible fixed assets +€6,701
up €6,701 (+60.9%), from €11,006 to €17,707
of which Other tangible fixed assets: +€14,984
- Financial fixed assets +€5,445
new in 2024: €5,445
- Debts after one year +€50,000
up €50,000 (+250.0%), from €20,000 to €70,000
- Trade debts +€33,770
up €33,770 (+519.0%), from €6,507 to €40,277
- Other debts -€21,861
down €21,861 (-96.4%), from €22,687 to €826
- Tax, wage and social debts +€18,163
new in 2024: €18,163
- Profit (loss) carried forward +€9,646
up €9,646 (+106.1%), from €9,088 to €18,734
- Turnover +€72,570
up €72,570 (+64.5%), from €112,487 to €185,056
- Purchases and services +€47,271
up €47,271 (+41.8%), from €113,125 to €160,396
- Gross operating margin +€25,298
up €25,298 (+1003.2%), from €2,522 to €27,820
- Financial charges +€5,345
up €5,345 (+2179.4%), from €245 to €5,590
of which Financial charges: +€3,844
- Taxes +€3,526
new in 2024: €3,526
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,282 | €158,628 | +€93,346 | +143.0% |
| Fixed assets | 21/28 | €11,006 | €23,152 | +€12,146 | +110.4% |
| Tangible fixed assets | 22/27 | €11,006 | €17,707 | +€6,701 | +60.9% |
| Plant, machinery and equipment | 23 | €11,006 | €2,723 | -€8,283 | -75.3% |
| Other tangible fixed assets | 26 | - | €14,984 | +€14,984 | |
| Financial fixed assets | 28 | - | €5,445 | +€5,445 | |
| Current assets | 29/58 | €54,276 | €135,476 | +€81,200 | +149.6% |
| Amounts receivable within one year | 40/41 | €10,377 | €57,489 | +€47,112 | +454.0% |
| Trade receivables | 40 | €10,344 | €57,489 | +€47,145 | +455.8% |
| Other amounts receivable | 41 | €33 | - | -€33 | |
| Cash at bank and in hand | 54/58 | €42,857 | €77,273 | +€34,416 | +80.3% |
| Deferred charges and accrued income | 490/1 | €1,042 | €714 | -€328 | -31.5% |
| Total equity and liabilities | 10/49 | €65,282 | €158,628 | +€93,346 | +143.0% |
| Equity | 10/15 | €16,088 | €25,734 | +€9,646 | +60.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Capital | 10 | €7,000 | €7,000 | = | 0.0% |
| Issued capital | 100 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,088 | €18,734 | +€9,646 | +106.1% |
| Amounts payable | 17/49 | €49,194 | €132,894 | +€83,700 | +170.1% |
| Amounts payable after more than one year | 17 | €20,000 | €70,000 | +€50,000 | +250.0% |
| Financial debts | 170/4 | €20,000 | €70,000 | +€50,000 | +250.0% |
| Amounts payable within one year | 42/48 | €29,194 | €59,266 | +€30,072 | +103.0% |
| Trade debts | 44 | €6,507 | €40,277 | +€33,770 | +519.0% |
| Suppliers | 440/4 | €6,507 | €40,277 | +€33,770 | +519.0% |
| Taxes, remuneration and social security | 45 | - | €18,163 | +€18,163 | |
| Taxes | 450/3 | - | €18,163 | +€18,163 | |
| Other amounts payable | 47/48 | €22,687 | €826 | -€21,861 | -96.4% |
| Accrued charges and deferred income | 492/3 | - | €3,628 | +€3,628 | |
| Turnover | 70 | €112,487 | €185,056 | +€72,570 | +64.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €113,125 | €160,396 | +€47,271 | +41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,447 | €9,058 | -€389 | -4.1% |
| Other operating charges | 640/8 | €146 | - | -€146 | |
| Gross operating margin | 9900 | €2,522 | €27,820 | +€25,298 | +1003.2% |
| Operating profit (loss) | 9901 | -€7,071 | €18,762 | +€25,833 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -98.8% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -98.8% |
| Financial charges | 65/66B | €245 | €5,590 | +€5,345 | +2179.4% |
| Recurring financial charges | 65 | €245 | €4,089 | +€3,844 | +1567.2% |
| Non-recurring financial charges | 66B | - | €1,501 | +€1,501 | |
| Profit (loss) for the period before taxes | 9903 | -€7,309 | €13,172 | +€20,482 | |
| Income taxes | 67/77 | - | €3,526 | +€3,526 | |
| Profit (loss) for the period | 9904 | -€7,309 | €9,646 | +€16,956 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,309 | €9,646 | +€16,956 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.