TEKLACE: 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.
TEKLACE
Largest movements
- Receivables within one year +€19,902
up €19,902 (+116.7%), from €17,048 to €36,950
of which Trade receivables: +€26,905
- Cash -€11,533
down €11,533 (-70.5%), from €16,354 to €4,821
mainly Receivables within one year (-€19,902) and Short-term financial debts (-€58)
- Trade debts +€4,119
up €4,119 (+258.8%), from €1,591 to €5,710
- Reserves +€3,887
up €3,887 (+8.0%), from €48,328 to €52,215
of which Distributable reserves: +€3,887
- Write-downs -€21,062
new in 2025: -€21,062
- Gross operating margin -€8,637
down €8,637 (-98.8%), from -€8,739 to -€17,376
- Taxes +€389
new in 2025: €389
- Financial income +€237
up €237 (+26.6%), from €892 to €1,129
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 | €58,435 | €66,772 | +€8,336 | +14.3% |
| Current assets | 29/58 | €58,435 | €66,772 | +€8,336 | +14.3% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,048 | €36,950 | +€19,902 | +116.7% |
| Trade receivables | 40 | €4,513 | €31,418 | +€26,905 | +596.1% |
| Other amounts receivable | 41 | €12,535 | €5,532 | -€7,003 | -55.9% |
| Cash at bank and in hand | 54/58 | €16,354 | €4,821 | -€11,533 | -70.5% |
| Deferred charges and accrued income | 490/1 | €33 | - | -€33 | |
| Total equity and liabilities | 10/49 | €58,435 | €66,772 | +€8,336 | +14.3% |
| Equity | 10/15 | €54,907 | €58,794 | +€3,887 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €48,328 | €52,215 | +€3,887 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €46,468 | €50,355 | +€3,887 | +8.4% |
| Profit (loss) carried forward | 14 | -€12,021 | -€12,021 | = | 0.0% |
| Amounts payable | 17/49 | €3,528 | €7,978 | +€4,449 | +126.1% |
| Amounts payable within one year | 42/48 | €3,528 | €7,978 | +€4,449 | +126.1% |
| Financial debts | 43 | €72 | €14 | -€58 | -80.7% |
| Credit institutions | 430/8 | €72 | €14 | -€58 | -80.7% |
| Trade debts | 44 | €1,591 | €5,710 | +€4,119 | +258.8% |
| Suppliers | 440/4 | €1,591 | €5,710 | +€4,119 | +258.8% |
| Advances received on contracts in progress | 46 | €1,865 | €1,865 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €389 | +€389 | |
| Taxes | 450/3 | - | €389 | +€389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82 | - | -€82 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€21,062 | -€21,062 | |
| Other operating charges | 640/8 | €406 | €443 | +€37 | +9.1% |
| Gross operating margin | 9900 | -€8,739 | -€17,376 | -€8,637 | -98.8% |
| Operating profit (loss) | 9901 | -€9,227 | €3,243 | +€12,470 | |
| Financial income | 75/76B | €892 | €1,129 | +€237 | +26.6% |
| Recurring financial income | 75 | €892 | €1,129 | +€237 | +26.6% |
| Financial charges | 65/66B | €121 | €97 | -€24 | -20.0% |
| Recurring financial charges | 65 | €121 | €97 | -€24 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,456 | €4,275 | +€12,732 | |
| Income taxes | 67/77 | - | €389 | +€389 | |
| Profit (loss) for the period | 9904 | -€8,456 | €3,887 | +€12,343 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,456 | €3,887 | +€12,343 |
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 11 October 2026 via checked.be.