TEICHD: 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.
TEICHD
Largest movements
- Current investments +€22,611
up €22,611 (+29.2%), from €77,533 to €100,145
- Receivables within one year +€9,410
up €9,410 (+87.6%), from €10,744 to €20,154
of which Trade receivables: +€6,276
- Profit (loss) carried forward +€46,744
up €46,744 (+51.1%), from €91,405 to €138,149
- Tax, wage and social debts -€14,150
down €14,150 (-82.5%), from €17,150 to €3,000
of which Taxes: -€14,150
- Taxes +€10,716
up €10,716 (+60.9%), from €17,597 to €28,313
- Other operating charges +€3,146
up €3,146 (+256.4%), from €1,227 to €4,373
- Gross operating margin -€2,406
down €2,406 (-2.8%), from €84,570 to €82,164
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 | €115,371 | €148,141 | +€32,770 | +28.4% |
| Fixed assets | 21/28 | €6,052 | €5,145 | -€907 | -15.0% |
| Tangible fixed assets | 22/27 | €6,052 | €5,145 | -€907 | -15.0% |
| Plant, machinery and equipment | 23 | €436 | €0 | -€436 | -100.0% |
| Furniture and vehicles | 24 | €5,616 | €5,145 | -€471 | -8.4% |
| Current assets | 29/58 | €109,319 | €142,996 | +€33,677 | +30.8% |
| Amounts receivable within one year | 40/41 | €10,744 | €20,154 | +€9,410 | +87.6% |
| Trade receivables | 40 | €10,029 | €16,305 | +€6,276 | +62.6% |
| Other amounts receivable | 41 | €715 | €3,850 | +€3,135 | +438.5% |
| Current investments | 50/53 | €77,533 | €100,145 | +€22,611 | +29.2% |
| Cash at bank and in hand | 54/58 | €16,734 | €17,951 | +€1,216 | +7.3% |
| Deferred charges and accrued income | 490/1 | €4,308 | €4,746 | +€439 | +10.2% |
| Total equity and liabilities | 10/49 | €115,371 | €148,141 | +€32,770 | +28.4% |
| Equity | 10/15 | €96,405 | €143,149 | +€46,744 | +48.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,405 | €138,149 | +€46,744 | +51.1% |
| Amounts payable | 17/49 | €18,966 | €4,992 | -€13,975 | -73.7% |
| Amounts payable within one year | 42/48 | €18,397 | €4,992 | -€13,406 | -72.9% |
| Trade debts | 44 | €1,247 | €1,992 | +€745 | +59.7% |
| Suppliers | 440/4 | €1,247 | €1,992 | +€745 | +59.7% |
| Taxes, remuneration and social security | 45 | €17,150 | €3,000 | -€14,150 | -82.5% |
| Taxes | 450/3 | €17,150 | €3,000 | -€14,150 | -82.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €569 | €0 | -€569 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,385 | €2,386 | +€1 | +0.1% |
| Other operating charges | 640/8 | €1,227 | €4,373 | +€3,146 | +256.4% |
| Gross operating margin | 9900 | €84,570 | €82,164 | -€2,406 | -2.8% |
| Operating profit (loss) | 9901 | €80,958 | €75,405 | -€5,553 | -6.9% |
| Financial income | 75/76B | €1,041 | €660 | -€380 | -36.6% |
| Recurring financial income | 75 | €1,041 | €660 | -€380 | -36.6% |
| Financial charges | 65/66B | €1,130 | €1,008 | -€123 | -10.8% |
| Recurring financial charges | 65 | €1,130 | €1,008 | -€123 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €80,869 | €75,058 | -€5,811 | -7.2% |
| Income taxes | 67/77 | €17,597 | €28,313 | +€10,716 | +60.9% |
| Profit (loss) for the period | 9904 | €63,271 | €46,744 | -€16,527 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,271 | €46,744 | -€16,527 | -26.1% |
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.