TEKNA: 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.
What changed
TEKNA
NACE 27.402, Manufacture of electrical equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€32,890
2024 · -€164,905+€132,015
Equity
€445,764
2024 · €478,653-€32,890
Cash
€74,835
2024 · €112,584-€37,749
Balance sheet total
€3.9m
2024 · €3.5m+€411,061
Largest movements
Assets
- Stocks and contracts +€262,502
up €262,502 (+13.1%), from €2.0m to €2.3m
- Tangible fixed assets +€221,266
up €221,266 (+32.6%), from €678,550 to €899,817
of which Leasing and similar rights: +€249,065
- Receivables within one year -€192,630
down €192,630 (-38.2%), from €504,872 to €312,241
of which Other amounts receivable: -€110,568
- Intangible fixed assets +€174,617
up €174,617 (+205.9%), from €84,817 to €259,434
Equity and liabilities
- Debts after one year +€179,817
up €179,817 (+13.6%), from €1.3m to €1.5m
- Advances received +€127,225
up €127,225 (+187.7%), from €67,774 to €195,000
- Trade debts +€74,310
up €74,310 (+16.7%), from €444,005 to €518,315
Income statement
- Gross operating margin +€160,056
up €160,056 (+14.7%), from €1.1m to €1.2m
- Staff costs +€56,351
up €56,351 (+6.0%), from €944,173 to €1.0m
- Depreciation -€25,032
down €25,032 (-14.5%), from €172,191 to €147,158
- Write-downs -€18,763
down €18,763, from €10,327 to -€8,437
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.
Result 2024
-€164,905
Gross operating margin
+€160,056
Staff costs
-€56,351
Depreciation
+€25,032
Write-downs
+€18,763
Other operating charges
-€9,306
Other operating items
-€771
Financial income
-€453
Financial charges
-€5,067
Taxes
+€112
Result 2025
-€32,890
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.
From operations
+€280,820
Investment
-€543,177
Financing
+€224,608
Cash 2024
€112,584
From operations (derived)
+€280,820
Net result for the year
-€32,890
Depreciation
+€147,158
Stocks and contracts
-€262,502
Receivables within one year
+€192,630
Deferred charges and accrued income
+€17,080
Provisions
-€5,262
Trade debts
+€74,310
Tax, wage and social debts
+€16,897
Advances received
+€127,225
Other debts
-€978
Accrued charges and deferred income
+€7,151
Investment (derived)
-€543,177
Investment in fixed assets (net)
-€543,177
Financing
+€224,608
Debts after one year
+€179,817
Current portion of long-term debt
+€37,428
Short-term financial debts
+€7,363
Cash 2025
€74,835
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,453,974 | €3,865,035 | +€411,061 | +11.9% |
| Fixed assets | 21/28 | €803,301 | €1,199,320 | +€396,019 | +49.3% |
| Intangible fixed assets | 21 | €84,817 | €259,434 | +€174,617 | +205.9% |
| Tangible fixed assets | 22/27 | €678,550 | €899,817 | +€221,266 | +32.6% |
| Land and buildings | 22 | €510,882 | €457,870 | -€53,012 | -10.4% |
| Plant, machinery and equipment | 23 | €19,184 | €44,983 | +€25,800 | +134.5% |
| Furniture and vehicles | 24 | €20,827 | €20,240 | -€587 | -2.8% |
| Leasing and similar rights | 25 | €127,658 | €376,724 | +€249,065 | +195.1% |
| Financial fixed assets | 28 | €39,934 | €40,069 | +€135 | +0.3% |
| Current assets | 29/58 | €2,650,673 | €2,665,715 | +€15,042 | +0.6% |
| Stocks and contracts in progress | 3 | €2,004,698 | €2,267,199 | +€262,502 | +13.1% |
| Stocks | 30/36 | €2,004,698 | €2,267,199 | +€262,502 | +13.1% |
| Amounts receivable within one year | 40/41 | €504,872 | €312,241 | -€192,630 | -38.2% |
| Trade receivables | 40 | €384,487 | €302,425 | -€82,062 | -21.3% |
| Other amounts receivable | 41 | €120,385 | €9,816 | -€110,568 | -91.8% |
| Cash at bank and in hand | 54/58 | €112,584 | €74,835 | -€37,749 | -33.5% |
| Deferred charges and accrued income | 490/1 | €28,520 | €11,440 | -€17,080 | -59.9% |
| Total equity and liabilities | 10/49 | €3,453,974 | €3,865,035 | +€411,061 | +11.9% |
| Equity | 10/15 | €478,653 | €445,764 | -€32,890 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €123,310 | €107,525 | -€15,785 | -12.8% |
| Tax-exempt reserves | 132 | €121,450 | €105,665 | -€15,785 | -13.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €336,744 | €319,639 | -€17,105 | -5.1% |
| Provisions and deferred taxes | 16 | €27,887 | €22,626 | -€5,262 | -18.9% |
| Deferred taxes | 168 | €27,887 | €22,626 | -€5,262 | -18.9% |
| Amounts payable | 17/49 | €2,947,433 | €3,396,646 | +€449,212 | +15.2% |
| Amounts payable after more than one year | 17 | €1,323,926 | €1,503,743 | +€179,817 | +13.6% |
| Financial debts | 170/4 | €1,323,926 | €1,503,743 | +€179,817 | +13.6% |
| Amounts payable within one year | 42/48 | €1,579,451 | €1,841,695 | +€262,245 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €29,277 | €66,705 | +€37,428 | +127.8% |
| Financial debts | 43 | €908,134 | €915,497 | +€7,363 | +0.8% |
| Credit institutions | 430/8 | €858,134 | €865,497 | +€7,363 | +0.9% |
| Other loans | 439 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €444,005 | €518,315 | +€74,310 | +16.7% |
| Suppliers | 440/4 | €444,005 | €518,315 | +€74,310 | +16.7% |
| Advances received on contracts in progress | 46 | €67,774 | €195,000 | +€127,225 | +187.7% |
| Taxes, remuneration and social security | 45 | €129,282 | €146,179 | +€16,897 | +13.1% |
| Taxes | 450/3 | €24,150 | €38,095 | +€13,945 | +57.7% |
| Remuneration and social security | 454/9 | €105,132 | €108,084 | +€2,952 | +2.8% |
| Other amounts payable | 47/48 | €978 | €0 | -€978 | -100.0% |
| Accrued charges and deferred income | 492/3 | €44,057 | €51,207 | +€7,151 | +16.2% |
| Non-recurring operating income | 76A | €7,191 | €0 | -€7,191 | -100.0% |
| Remuneration, social security and pensions | 62 | €944,173 | €1,000,524 | +€56,351 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,191 | €147,158 | -€25,032 | -14.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,327 | -€8,437 | -€18,763 | |
| Other operating charges | 640/8 | €14,095 | €23,401 | +€9,306 | +66.0% |
| Non-recurring operating charges | 66A | - | €771 | +€771 | |
| Gross operating margin | 9900 | €1,086,860 | €1,246,916 | +€160,056 | +14.7% |
| Operating profit (loss) | 9901 | -€53,925 | €83,497 | +€137,422 | |
| Financial income | 75/76B | €1,822 | €1,369 | -€453 | -24.8% |
| Recurring financial income | 75 | €1,822 | €1,369 | -€453 | -24.8% |
| Financial charges | 65/66B | €117,106 | €122,173 | +€5,067 | +4.3% |
| Recurring financial charges | 65 | €117,106 | €122,173 | +€5,067 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€169,209 | -€37,306 | +€131,903 | +78.0% |
| Transfer from deferred taxes | 780 | €5,262 | €5,262 | +€0 | 0.0% |
| Income taxes | 67/77 | €957 | €845 | -€112 | -11.7% |
| Profit (loss) for the period | 9904 | -€164,905 | -€32,890 | +€132,015 | +80.1% |
| Transfer from tax-exempt reserves | 789 | €15,785 | €15,785 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€149,120 | -€17,105 | +€132,015 | +88.5% |
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 6 October 2026 via checked.be.