TekFoundry: 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.
TekFoundry
Largest movements
- Receivables within one year +€32,317
up €32,317 (+133.5%), from €24,199 to €56,516
of which Trade receivables: +€36,645
- Cash -€20,247
down €20,247 (-60.0%), from €33,756 to €13,509
mainly Contributions, distributions and other (-€55,000) and Receivables within one year (-€32,317)
- Tangible fixed assets -€3,076
down €3,076 (-57.0%), from €5,401 to €2,325
of which Furniture and vehicles: -€2,026
- Other debts +€26,595
up €26,595 (+75.4%), from €35,294 to €61,889
- Profit (loss) carried forward -€17,974
down €17,974 (-96.4%), from €18,640 to €666
- Tax, wage and social debts +€1,345
up €1,345 (+18.4%), from €7,296 to €8,641
- Gross operating margin +€12,411
up €12,411 (+29.4%), from €42,202 to €54,613
- Taxes +€8,989
up €8,989 (+190.5%), from €4,717 to €13,706
- Depreciation -€4,524
down €4,524 (-59.5%), from €7,600 to €3,076
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 | €64,039 | €73,288 | +€9,248 | +14.4% |
| Fixed assets | 21/28 | €5,511 | €2,325 | -€3,186 | -57.8% |
| Tangible fixed assets | 22/27 | €5,401 | €2,325 | -€3,076 | -57.0% |
| Plant, machinery and equipment | 23 | €761 | €43 | -€717 | -94.3% |
| Furniture and vehicles | 24 | €3,709 | €1,684 | -€2,026 | -54.6% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €931 | €598 | -€333 | -35.7% |
| Financial fixed assets | 28 | €110 | €0 | -€110 | -100.0% |
| Current assets | 29/58 | €58,529 | €70,963 | +€12,434 | +21.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,199 | €56,516 | +€32,317 | +133.5% |
| Trade receivables | 40 | €14,520 | €51,165 | +€36,645 | +252.4% |
| Other amounts receivable | 41 | €9,679 | €5,351 | -€4,328 | -44.7% |
| Cash at bank and in hand | 54/58 | €33,756 | €13,509 | -€20,247 | -60.0% |
| Deferred charges and accrued income | 490/1 | €574 | €938 | +€364 | +63.4% |
| Total equity and liabilities | 10/49 | €64,039 | €73,288 | +€9,248 | +14.4% |
| Equity | 10/15 | €19,640 | €1,666 | -€17,974 | -91.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,640 | €666 | -€17,974 | -96.4% |
| Amounts payable | 17/49 | €44,399 | €71,622 | +€27,223 | +61.3% |
| Amounts payable within one year | 42/48 | €44,399 | €71,622 | +€27,223 | +61.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €1,284 | €657 | -€627 | -48.8% |
| Credit institutions | 430/8 | €1,284 | €657 | -€627 | -48.8% |
| Trade debts | 44 | €525 | €435 | -€90 | -17.1% |
| Suppliers | 440/4 | €525 | €435 | -€90 | -17.1% |
| Taxes, remuneration and social security | 45 | €7,296 | €8,641 | +€1,345 | +18.4% |
| Taxes | 450/3 | €7,296 | €8,641 | +€1,345 | +18.4% |
| Other amounts payable | 47/48 | €35,294 | €61,889 | +€26,595 | +75.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,600 | €3,076 | -€4,524 | -59.5% |
| Other operating charges | 640/8 | €528 | €574 | +€46 | +8.7% |
| Gross operating margin | 9900 | €42,202 | €54,613 | +€12,411 | +29.4% |
| Operating profit (loss) | 9901 | €34,074 | €50,963 | +€16,889 | +49.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €431 | €232 | -€200 | -46.3% |
| Recurring financial charges | 65 | €431 | €232 | -€200 | -46.3% |
| Profit (loss) for the period before taxes | 9903 | €33,643 | €50,732 | +€17,089 | +50.8% |
| Income taxes | 67/77 | €4,717 | €13,706 | +€8,989 | +190.5% |
| Profit (loss) for the period | 9904 | €28,925 | €37,026 | +€8,100 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,925 | €37,026 | +€8,100 | +28.0% |
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 8 October 2026 via checked.be.