TECTUM: 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.
TECTUM
Largest movements
- Cash +€19,523
up €19,523 (+10.6%), from €184,972 to €204,495
mainly Depreciation (+€9,773) and Receivables within one year (+€9,683)
- Receivables within one year -€9,683
down €9,683 (-43.7%), from €22,162 to €12,479
of which Trade receivables: -€9,963
- Tangible fixed assets -€8,733
down €8,733 (-30.7%), from €28,422 to €19,689
of which Furniture and vehicles: -€9,110
- Other debts -€4,410
down €4,410 (-41.4%), from €10,640 to €6,230
- Tax, wage and social debts +€3,439
up €3,439 (+900%), from €382 to €3,821
- Turnover -€14,485
down €14,485 (-23.0%), from €62,934 to €48,449
- Purchases and services -€8,767
down €8,767 (-17.4%), from €50,275 to €41,508
- Gross operating margin -€5,949
down €5,949 (-39.0%), from €15,240 to €9,291
- Depreciation -€1,026
down €1,026 (-9.5%), from €10,799 to €9,773
- Financial income +€764
up €764 (+124%), from €614 to €1,378
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.
Derived cash bridge
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 | €235,556 | €236,663 | +€1,107 | +0.5% |
| Fixed assets | 21/28 | €28,422 | €19,689 | -€8,733 | -30.7% |
| Tangible fixed assets | 22/27 | €28,422 | €19,689 | -€8,733 | -30.7% |
| Plant, machinery and equipment | 23 | €1,183 | €1,560 | +€377 | +31.9% |
| Furniture and vehicles | 24 | €27,239 | €18,129 | -€9,110 | -33.4% |
| Current assets | 29/58 | €207,134 | €216,974 | +€9,840 | +4.8% |
| Amounts receivable within one year | 40/41 | €22,162 | €12,479 | -€9,683 | -43.7% |
| Trade receivables | 40 | €20,760 | €10,797 | -€9,963 | -48.0% |
| Other amounts receivable | 41 | €1,402 | €1,682 | +€280 | +20.0% |
| Cash at bank and in hand | 54/58 | €184,972 | €204,495 | +€19,523 | +10.6% |
| Total equity and liabilities | 10/49 | €235,556 | €236,663 | +€1,107 | +0.5% |
| Equity | 10/15 | €224,534 | €225,215 | +€681 | +0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €81,611 | €81,611 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,770 | €28,770 | = | 0.0% |
| Distributable reserves | 133 | €52,841 | €52,841 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,331 | €125,012 | +€681 | +0.5% |
| Amounts payable | 17/49 | €11,022 | €11,448 | +€426 | +3.9% |
| Amounts payable within one year | 42/48 | €11,022 | €11,448 | +€426 | +3.9% |
| Trade debts | 44 | - | €1,397 | +€1,397 | |
| Suppliers | 440/4 | - | €1,397 | +€1,397 | |
| Taxes, remuneration and social security | 45 | €382 | €3,821 | +€3,439 | +900% |
| Taxes | 450/3 | €382 | €3,821 | +€3,439 | +900% |
| Other amounts payable | 47/48 | €10,640 | €6,230 | -€4,410 | -41.4% |
| Turnover | 70 | €62,934 | €48,449 | -€14,485 | -23.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €50,275 | €41,508 | -€8,767 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,799 | €9,773 | -€1,026 | -9.5% |
| Other operating charges | 640/8 | €20 | - | -€20 | |
| Gross operating margin | 9900 | €15,240 | €9,291 | -€5,949 | -39.0% |
| Operating profit (loss) | 9901 | €4,421 | -€482 | -€4,903 | |
| Financial income | 75/76B | €614 | €1,378 | +€764 | +124% |
| Recurring financial income | 75 | €614 | €1,378 | +€764 | +124% |
| Financial charges | 65/66B | €220 | €227 | +€7 | +3.2% |
| Recurring financial charges | 65 | €220 | €227 | +€7 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €4,815 | €669 | -€4,146 | -86.1% |
| Income taxes | 67/77 | €437 | -€12 | -€449 | |
| Profit (loss) for the period | 9904 | €4,378 | €681 | -€3,697 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,378 | €681 | -€3,697 | -84.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.