Tectum Construction Technics: 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.
Tectum Construction Technics
Largest movements
- Cash -€31,216
down €31,216 (-7.4%), from €419,487 to €388,271
mainly Investment in fixed assets (net) (-€30,099) and Tax, wage and social debts (-€27,301)
- Tangible fixed assets +€21,348
up €21,348 (+239.3%), from €8,923 to €30,271
of which Furniture and vehicles: +€22,890
- Receivables within one year +€10,326
up €10,326 (+6.1%), from €168,469 to €178,795
of which Trade receivables: +€6,239
- Stocks and contracts +€6,693
up €6,693 (+135.7%), from €4,933 to €11,625
- Reserves +€47,880
up €47,880 (+15.9%), from €301,962 to €349,842
of which Distributable reserves: +€47,880
- Tax, wage and social debts -€27,301
down €27,301 (-66.8%), from €40,882 to €13,581
- Trade debts -€24,012
down €24,012 (-30.7%), from €78,144 to €54,132
- Other debts +€16,761
up €16,761 (+39.0%), from €42,995 to €59,756
- Current portion of long-term debt -€6,557
no longer reported in 2024 (was €6,557)
- Gross operating margin -€32,453
down €32,453 (-21.6%), from €150,499 to €118,046
- Taxes -€8,396
down €8,396 (-24.5%), from €34,271 to €25,875
- Depreciation +€5,042
up €5,042 (+135.9%), from €3,709 to €8,751
- Financial charges -€4,183
down €4,183 (-23.1%), from €18,119 to €13,937
- Other operating charges +€2,592
up €2,592 (+79.1%), from €3,275 to €5,867
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 | €603,724 | €610,496 | +€6,772 | +1.1% |
| Fixed assets | 21/28 | €8,923 | €30,271 | +€21,348 | +239.3% |
| Tangible fixed assets | 22/27 | €8,923 | €30,271 | +€21,348 | +239.3% |
| Plant, machinery and equipment | 23 | €2,958 | €1,416 | -€1,541 | -52.1% |
| Furniture and vehicles | 24 | €5,965 | €28,855 | +€22,890 | +383.7% |
| Current assets | 29/58 | €594,801 | €580,225 | -€14,576 | -2.5% |
| Stocks and contracts in progress | 3 | €4,933 | €11,625 | +€6,693 | +135.7% |
| Stocks | 30/36 | €4,933 | €11,625 | +€6,693 | +135.7% |
| Amounts receivable within one year | 40/41 | €168,469 | €178,795 | +€10,326 | +6.1% |
| Trade receivables | 40 | €164,966 | €171,205 | +€6,239 | +3.8% |
| Other amounts receivable | 41 | €3,502 | €7,590 | +€4,087 | +116.7% |
| Cash at bank and in hand | 54/58 | €419,487 | €388,271 | -€31,216 | -7.4% |
| Deferred charges and accrued income | 490/1 | €1,913 | €1,533 | -€380 | -19.9% |
| Total equity and liabilities | 10/49 | €603,724 | €610,496 | +€6,772 | +1.1% |
| Equity | 10/15 | €435,147 | €483,027 | +€47,880 | +11.0% |
| Contributions | 10/11 | €51,200 | €51,200 | = | 0.0% |
| Reserves | 13 | €301,962 | €349,842 | +€47,880 | +15.9% |
| Non-distributable reserves | 130/1 | €6,360 | €6,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,360 | €6,360 | = | 0.0% |
| Distributable reserves | 133 | €295,602 | €343,482 | +€47,880 | +16.2% |
| Profit (loss) carried forward | 14 | €81,985 | €81,985 | = | 0.0% |
| Amounts payable | 17/49 | €168,577 | €127,469 | -€41,108 | -24.4% |
| Amounts payable within one year | 42/48 | €168,577 | €127,469 | -€41,108 | -24.4% |
| Current portion of amounts payable after more than one year | 42 | €6,557 | - | -€6,557 | |
| Trade debts | 44 | €78,144 | €54,132 | -€24,012 | -30.7% |
| Suppliers | 440/4 | €78,144 | €54,132 | -€24,012 | -30.7% |
| Taxes, remuneration and social security | 45 | €40,882 | €13,581 | -€27,301 | -66.8% |
| Taxes | 450/3 | €40,882 | €13,581 | -€27,301 | -66.8% |
| Other amounts payable | 47/48 | €42,995 | €59,756 | +€16,761 | +39.0% |
| Non-recurring operating income | 76A | €1,011 | €5,214 | +€4,203 | +415.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,709 | €8,751 | +€5,042 | +135.9% |
| Other operating charges | 640/8 | €3,275 | €5,867 | +€2,592 | +79.1% |
| Non-recurring operating charges | 66A | €1,336 | €207 | -€1,129 | -84.5% |
| Gross operating margin | 9900 | €150,499 | €118,046 | -€32,453 | -21.6% |
| Operating profit (loss) | 9901 | €142,179 | €103,222 | -€38,957 | -27.4% |
| Financial income | 75/76B | €3,147 | €4,470 | +€1,322 | +42.0% |
| Recurring financial income | 75 | €3,147 | €4,470 | +€1,322 | +42.0% |
| Financial charges | 65/66B | €18,119 | €13,937 | -€4,183 | -23.1% |
| Recurring financial charges | 65 | €18,119 | €13,937 | -€4,183 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €127,207 | €93,755 | -€33,452 | -26.3% |
| Income taxes | 67/77 | €34,271 | €25,875 | -€8,396 | -24.5% |
| Profit (loss) for the period | 9904 | €92,936 | €67,880 | -€25,056 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €92,936 | €67,880 | -€25,056 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.