Tekto: 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.
Tekto
Largest movements
- Cash +€81,948
up €81,948 (+192.7%), from €42,529 to €124,477
mainly Receivables within one year (+€80,384) and Depreciation (+€60,925)
- Receivables within one year -€80,384
down €80,384 (-33.1%), from €242,515 to €162,130
of which Trade receivables: -€64,252
- Intangible fixed assets -€32,830
down €32,830 (-90.9%), from €36,134 to €3,304
- Tangible fixed assets -€28,095
down €28,095 (-23.1%), from €121,393 to €93,298
- Stocks and contracts +€23,698
up €23,698 (+40.0%), from €59,180 to €82,878
of which Stocks: +€30,000
- Debts after one year -€39,007
down €39,007 (-39.2%), from €99,542 to €60,535
- Reserves +€32,481
up €32,481 (+21.5%), from €151,093 to €183,574
- Trade debts -€23,314
down €23,314 (-12.4%), from €188,367 to €165,054
- Current portion of long-term debt -€8,038
down €8,038 (-17.1%), from €47,046 to €39,007
- Gross operating margin +€28,345
up €28,345 (+31.6%), from €89,839 to €118,184
- Depreciation +€8,408
up €8,408 (+16.0%), from €52,517 to €60,925
- Taxes +€8,384
up €8,384 (+120.1%), from €6,979 to €15,362
- Staff costs +€4,853
new in 2025: €4,853
- Financial charges -€1,467
down €1,467 (-26.3%), from €5,588 to €4,121
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 | €510,299 | €473,513 | -€36,785 | -7.2% |
| Fixed assets | 21/28 | €164,953 | €104,028 | -€60,925 | -36.9% |
| Intangible fixed assets | 21 | €36,134 | €3,304 | -€32,830 | -90.9% |
| Tangible fixed assets | 22/27 | €121,393 | €93,298 | -€28,095 | -23.1% |
| Plant, machinery and equipment | 23 | €121,393 | €93,298 | -€28,095 | -23.1% |
| Financial fixed assets | 28 | €7,425 | €7,425 | = | 0.0% |
| Current assets | 29/58 | €345,346 | €369,486 | +€24,140 | +7.0% |
| Stocks and contracts in progress | 3 | €59,180 | €82,878 | +€23,698 | +40.0% |
| Stocks | 30/36 | - | €30,000 | +€30,000 | |
| Contracts in progress | 37 | €59,180 | €52,878 | -€6,302 | -10.6% |
| Amounts receivable within one year | 40/41 | €242,515 | €162,130 | -€80,384 | -33.1% |
| Trade receivables | 40 | €217,253 | €153,001 | -€64,252 | -29.6% |
| Other amounts receivable | 41 | €25,261 | €9,129 | -€16,132 | -63.9% |
| Cash at bank and in hand | 54/58 | €42,529 | €124,477 | +€81,948 | +192.7% |
| Deferred charges and accrued income | 490/1 | €1,122 | €0 | -€1,122 | -100.0% |
| Total equity and liabilities | 10/49 | €510,299 | €473,513 | -€36,785 | -7.2% |
| Equity | 10/15 | €161,093 | €193,574 | +€32,481 | +20.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €151,093 | €183,574 | +€32,481 | +21.5% |
| Distributable reserves | 133 | €151,093 | €183,574 | +€32,481 | +21.5% |
| Amounts payable | 17/49 | €349,206 | €279,940 | -€69,266 | -19.8% |
| Amounts payable after more than one year | 17 | €99,542 | €60,535 | -€39,007 | -39.2% |
| Financial debts | 170/4 | €99,542 | €60,535 | -€39,007 | -39.2% |
| Amounts payable within one year | 42/48 | €248,601 | €219,405 | -€29,195 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €47,046 | €39,007 | -€8,038 | -17.1% |
| Trade debts | 44 | €188,367 | €165,054 | -€23,314 | -12.4% |
| Suppliers | 440/4 | €188,367 | €165,054 | -€23,314 | -12.4% |
| Taxes, remuneration and social security | 45 | €248 | €2,164 | +€1,916 | +773.7% |
| Taxes | 450/3 | €248 | €362 | +€115 | +46.3% |
| Remuneration and social security | 454/9 | - | €1,802 | +€1,802 | |
| Other amounts payable | 47/48 | €12,940 | €13,180 | +€240 | +1.9% |
| Accrued charges and deferred income | 492/3 | €1,063 | €0 | -€1,063 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €4,853 | +€4,853 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,517 | €60,925 | +€8,408 | +16.0% |
| Other operating charges | 640/8 | €1,013 | €513 | -€500 | -49.3% |
| Gross operating margin | 9900 | €89,839 | €118,184 | +€28,345 | +31.6% |
| Operating profit (loss) | 9901 | €36,309 | €51,892 | +€15,583 | +42.9% |
| Financial income | 75/76B | €204 | €72 | -€131 | -64.6% |
| Recurring financial income | 75 | €204 | €72 | -€131 | -64.6% |
| Financial charges | 65/66B | €5,588 | €4,121 | -€1,467 | -26.3% |
| Recurring financial charges | 65 | €5,588 | €4,121 | -€1,467 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €30,925 | €47,843 | +€16,919 | +54.7% |
| Income taxes | 67/77 | €6,979 | €15,362 | +€8,384 | +120.1% |
| Profit (loss) for the period | 9904 | €23,946 | €32,481 | +€8,535 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,946 | €32,481 | +€8,535 | +35.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.