TEKNIK: 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.
TEKNIK
Largest movements
- Receivables within one year +€141,069
up €141,069 (+125%), from €113,192 to €254,261
of which Other amounts receivable: +€112,500
- Other debts +€221,105
up €221,105 (+13.7%), from €1.6m to €1.8m
- Debts after one year -€88,284
down €88,284 (-49.6%), from €177,902 to €89,618
- Reserves +€40,389
up €40,389 (+9.8%), from €410,369 to €450,759
of which Distributable reserves: +€40,389
- Gross operating margin -€10,095
down €10,095 (-8.8%), from €114,532 to €104,437
- Depreciation -€5,544
down €5,544 (-58.3%), from €9,504 to €3,960
- Financial charges -€2,814
down €2,814 (-6.5%), from €42,977 to €40,163
- Taxes -€1,519
down €1,519 (-6.8%), from €22,448 to €20,929
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.
Derived cash bridge
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 | €2,506,522 | €2,654,597 | +€148,075 | +5.9% |
| Fixed assets | 21/28 | €2,344,337 | €2,342,811 | -€1,526 | -0.1% |
| Tangible fixed assets | 22/27 | €189,526 | €188,000 | -€1,526 | -0.8% |
| Furniture and vehicles | 24 | €3,960 | €0 | -€3,960 | -100% |
| Other tangible fixed assets | 26 | €185,566 | €188,000 | +€2,434 | +1.3% |
| Financial fixed assets | 28 | €2,154,811 | €2,154,811 | = | 0.0% |
| Current assets | 29/58 | €162,185 | €311,786 | +€149,601 | +92.2% |
| Amounts receivable within one year | 40/41 | €113,192 | €254,261 | +€141,069 | +125% |
| Trade receivables | 40 | €50,692 | €79,261 | +€28,569 | +56.4% |
| Other amounts receivable | 41 | €62,500 | €175,000 | +€112,500 | +180% |
| Current investments | 50/53 | €19,043 | €38,073 | +€19,030 | +99.9% |
| Cash at bank and in hand | 54/58 | €29,950 | €19,453 | -€10,498 | -35.0% |
| Total equity and liabilities | 10/49 | €2,506,522 | €2,654,597 | +€148,075 | +5.9% |
| Equity | 10/15 | €510,369 | €550,759 | +€40,389 | +7.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €410,369 | €450,759 | +€40,389 | +9.8% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €381,619 | €422,009 | +€40,389 | +10.6% |
| Amounts payable | 17/49 | €1,996,153 | €2,103,838 | +€107,686 | +5.4% |
| Amounts payable after more than one year | 17 | €177,902 | €89,618 | -€88,284 | -49.6% |
| Financial debts | 170/4 | €177,902 | €89,618 | -€88,284 | -49.6% |
| Amounts payable within one year | 42/48 | €1,780,958 | €1,978,821 | +€197,863 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €86,970 | €88,284 | +€1,314 | +1.5% |
| Trade debts | 44 | €37,995 | €37,508 | -€487 | -1.3% |
| Suppliers | 440/4 | €37,995 | €37,508 | -€487 | -1.3% |
| Taxes, remuneration and social security | 45 | €45,993 | €21,923 | -€24,070 | -52.3% |
| Taxes | 450/3 | €45,993 | €21,923 | -€24,070 | -52.3% |
| Other amounts payable | 47/48 | €1,610,000 | €1,831,105 | +€221,105 | +13.7% |
| Accrued charges and deferred income | 492/3 | €37,293 | €35,400 | -€1,893 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,504 | €3,960 | -€5,544 | -58.3% |
| Other operating charges | 640/8 | €1,416 | €1,526 | +€110 | +7.8% |
| Gross operating margin | 9900 | €114,532 | €104,437 | -€10,095 | -8.8% |
| Operating profit (loss) | 9901 | €103,612 | €98,951 | -€4,662 | -4.5% |
| Financial income | 75/76B | €3,144 | €2,531 | -€613 | -19.5% |
| Recurring financial income | 75 | €3,144 | €2,531 | -€613 | -19.5% |
| Financial charges | 65/66B | €42,977 | €40,163 | -€2,814 | -6.5% |
| Recurring financial charges | 65 | €42,977 | €40,163 | -€2,814 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €63,779 | €61,318 | -€2,461 | -3.9% |
| Income taxes | 67/77 | €22,448 | €20,929 | -€1,519 | -6.8% |
| Profit (loss) for the period | 9904 | €41,331 | €40,389 | -€942 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,331 | €40,389 | -€942 | -2.3% |
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 17 October 2026 via checked.be.