TECTUM DSB: what changed
What changed
TECTUM DSB
NACE 43.421, Specialised construction activities
filed annual accounts (NBB)
Net result for the year
-€634,067
2024 · -€72,758-€561,309
Equity
€1.3m
2024 · €2.0m-€634,067
Cash
€29,211
2024 · €933,132-€903,921
Balance sheet total
€3.9m
2024 · €4.1m-€207,986
Largest movements
Assets
- Cash -€903,921
down €903,921 (-96.9%), from €933,132 to €29,211
mainly Receivables within one year (-€733,854) and Net result for the year (-€634,067)
- Receivables within one year +€733,854
up €733,854 (+28.2%), from €2.6m to €3.3m
of which Trade receivables: +€786,960
Equity and liabilities
- Reserves -€634,067
down €634,067 (-34.8%), from €1.8m to €1.2m
of which Distributable reserves: -€634,067
- Debts after one year +€610,587
up €610,587 (+6,159%), from €9,914 to €620,501
- Short-term financial debts -€338,605
down €338,605 (-100%), from €338,605 to €0
- Trade debts +€321,112
up €321,112 (+34.8%), from €922,017 to €1.2m
- Other debts -€237,901
down €237,901 (-76.0%), from €313,033 to €75,132
Income statement
- Purchases and services +€757,170
up €757,170 (+14.6%), from €5.2m to €5.9m
- Turnover +€551,412
up €551,412 (+6.8%), from €8.1m to €8.7m
- Staff costs +€383,662
up €383,662 (+12.4%), from €3.1m to €3.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€72,758
Gross operating margin
-€46,202
Staff costs
-€383,662
Depreciation
+€16,432
Write-downs
-€47,398
Provisions
+€10,000
Other operating charges
-€4,008
Other operating items
-€84,439
Financial income
-€8,394
Financial charges
-€9,380
Taxes
-€4,260
Result 2025
-€634,067
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1.1m
Investment
-€37,669
Financing
+€268,780
Cash 2024
€933,132
From operations (derived)
-€1.1m
Net result for the year
-€634,067
Depreciation
+€62,752
Stocks and contracts
+€977
Receivables within one year
-€733,854
Deferred charges and accrued income
+€11,859
Trade debts
+€321,112
Tax, wage and social debts
+€21,476
Advances received
+€37,583
Other debts
-€237,901
Accrued charges and deferred income
+€15,030
Investment (derived)
-€37,669
Investment in fixed assets (net)
-€37,669
Financing
+€268,780
Debts after one year
+€610,587
Current portion of long-term debt
-€3,202
Short-term financial debts
-€338,605
Cash 2025
€29,211
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,118,876 | €3,910,890 | -€207,986 | -5.0% |
| Fixed assets | 21/28 | €133,220 | €108,136 | -€25,084 | -18.8% |
| Intangible fixed assets | 21 | €977 | €417 | -€560 | -57.3% |
| Tangible fixed assets | 22/27 | €131,075 | €106,851 | -€24,224 | -18.5% |
| Land and buildings | 22 | - | €13,908 | +€13,908 | |
| Plant, machinery and equipment | 23 | €9,342 | €16,688 | +€7,346 | +78.6% |
| Furniture and vehicles | 24 | €121,733 | €76,255 | -€45,478 | -37.4% |
| Financial fixed assets | 28 | €1,168 | €868 | -€300 | -25.7% |
| Current assets | 29/58 | €3,985,657 | €3,802,754 | -€182,903 | -4.6% |
| Stocks and contracts in progress | 3 | €407,434 | €406,457 | -€977 | -0.2% |
| Stocks | 30/36 | €407,434 | €406,457 | -€977 | -0.2% |
| Amounts receivable within one year | 40/41 | €2,604,286 | €3,338,140 | +€733,854 | +28.2% |
| Trade receivables | 40 | €2,499,525 | €3,286,486 | +€786,960 | +31.5% |
| Other amounts receivable | 41 | €104,761 | €51,655 | -€53,107 | -50.7% |
| Cash at bank and in hand | 54/58 | €933,132 | €29,211 | -€903,921 | -96.9% |
| Deferred charges and accrued income | 490/1 | €40,804 | €28,945 | -€11,859 | -29.1% |
| Total equity and liabilities | 10/49 | €4,118,876 | €3,910,890 | -€207,986 | -5.0% |
| Equity | 10/15 | €1,956,852 | €1,322,786 | -€634,067 | -32.4% |
| Contributions | 10/11 | €133,862 | €133,862 | = | 0.0% |
| Capital | 10 | €133,862 | €133,862 | = | 0.0% |
| Issued capital | 100 | €133,862 | €133,862 | = | 0.0% |
| Reserves | 13 | €1,822,990 | €1,188,924 | -€634,067 | -34.8% |
| Non-distributable reserves | 130/1 | €13,386 | €13,386 | = | 0.0% |
| Legal reserve | 130 | €13,386 | €13,386 | = | 0.0% |
| Distributable reserves | 133 | €1,809,604 | €1,175,537 | -€634,067 | -35.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,152,024 | €2,578,104 | +€426,080 | +19.8% |
| Amounts payable after more than one year | 17 | €9,914 | €620,501 | +€610,587 | +6,159% |
| Financial debts | 170/4 | €9,914 | €620,501 | +€610,587 | +6,159% |
| Amounts payable within one year | 42/48 | €2,141,018 | €1,941,481 | -€199,537 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €13,116 | €9,914 | -€3,202 | -24.4% |
| Financial debts | 43 | €338,605 | €0 | -€338,605 | -100% |
| Credit institutions | 430/8 | €338,605 | €0 | -€338,605 | -100% |
| Trade debts | 44 | €922,017 | €1,243,129 | +€321,112 | +34.8% |
| Suppliers | 440/4 | €922,017 | €1,243,129 | +€321,112 | +34.8% |
| Advances received on contracts in progress | 46 | €317,572 | €355,155 | +€37,583 | +11.8% |
| Taxes, remuneration and social security | 45 | €236,675 | €258,151 | +€21,476 | +9.1% |
| Taxes | 450/3 | €39,109 | €18,873 | -€20,237 | -51.7% |
| Remuneration and social security | 454/9 | €197,566 | €239,278 | +€41,712 | +21.1% |
| Other amounts payable | 47/48 | €313,033 | €75,132 | -€237,901 | -76.0% |
| Accrued charges and deferred income | 492/3 | €1,093 | €16,123 | +€15,030 | +1,375% |
| Turnover | 70 | €8,104,845 | €8,656,257 | +€551,412 | +6.8% |
| Non-recurring operating income | 76A | €11,080 | €168,503 | +€157,423 | +1,421% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,174,440 | €5,931,609 | +€757,170 | +14.6% |
| Remuneration, social security and pensions | 62 | €3,085,669 | €3,469,330 | +€383,662 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,185 | €62,752 | -€16,432 | -20.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,327 | €34,071 | +€47,398 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,000 | €0 | -€10,000 | -100% |
| Other operating charges | 640/8 | €7,377 | €11,385 | +€4,008 | +54.3% |
| Non-recurring operating charges | 66A | - | €84,439 | +€84,439 | |
| Gross operating margin | 9900 | €3,151,235 | €3,105,034 | -€46,202 | -1.5% |
| Operating profit (loss) | 9901 | -€17,668 | -€556,944 | -€539,275 | -3,052% |
| Financial income | 75/76B | €11,992 | €3,599 | -€8,394 | -70.0% |
| Recurring financial income | 75 | €11,992 | €3,599 | -€8,394 | -70.0% |
| Financial charges | 65/66B | €62,082 | €71,461 | +€9,380 | +15.1% |
| Recurring financial charges | 65 | €62,082 | €71,461 | +€9,380 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€67,758 | -€624,807 | -€557,049 | -822% |
| Income taxes | 67/77 | €5,000 | €9,260 | +€4,260 | +85.2% |
| Profit (loss) for the period | 9904 | -€72,758 | -€634,067 | -€561,309 | -771% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,758 | -€634,067 | -€561,309 | -771% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.