TEKTONICA: 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.
TEKTONICA
Largest movements
- Receivables within one year -€35,188
down €35,188 (-45.2%), from €77,830 to €42,641
of which Trade receivables: -€48,209
- Cash +€16,804
up €16,804 (+16.5%), from €101,892 to €118,696
mainly Receivables within one year (+€35,188) and Net result for the year (+€34,300)
- Trade debts -€36,867
down €36,867 (-94.4%), from €39,073 to €2,205
- Reserves +€34,300
up €34,300 (+18.0%), from €190,660 to €224,960
- Other debts -€11,019
no longer reported in 2026 (was €11,019)
- Tax, wage and social debts -€5,234
no longer reported in 2026 (was €5,234)
- Gross operating margin -€11,975
down €11,975 (-18.8%), from €63,615 to €51,640
- Financial income +€5,775
up €5,775 (+1,788%), from €323 to €6,098
- Financial charges +€5,194
up €5,194 (+3,091%), from €168 to €5,362
- Taxes -€3,691
down €3,691 (-21.4%), from €17,253 to €13,562
- Depreciation -€979
down €979 (-20.3%), from €4,822 to €3,843
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,586 | €242,765 | -€18,821 | -7.2% |
| Fixed assets | 21/28 | €6,153 | €6,358 | +€205 | +3.3% |
| Tangible fixed assets | 22/27 | €5,540 | €6,225 | +€685 | +12.4% |
| Plant, machinery and equipment | 23 | - | €4,028 | +€4,028 | |
| Furniture and vehicles | 24 | €5,540 | €2,197 | -€3,343 | -60.3% |
| Financial fixed assets | 28 | €613 | €133 | -€480 | -78.3% |
| Current assets | 29/58 | €255,433 | €236,407 | -€19,026 | -7.4% |
| Amounts receivable within one year | 40/41 | €77,830 | €42,641 | -€35,188 | -45.2% |
| Trade receivables | 40 | €76,057 | €27,848 | -€48,209 | -63.4% |
| Other amounts receivable | 41 | €1,773 | €14,793 | +€13,020 | +734% |
| Current investments | 50/53 | €74,999 | €74,517 | -€482 | -0.6% |
| Cash at bank and in hand | 54/58 | €101,892 | €118,696 | +€16,804 | +16.5% |
| Deferred charges and accrued income | 490/1 | €713 | €553 | -€160 | -22.5% |
| Total equity and liabilities | 10/49 | €261,586 | €242,765 | -€18,821 | -7.2% |
| Equity | 10/15 | €206,260 | €240,560 | +€34,300 | +16.6% |
| Contributions | 10/11 | €15,600 | €15,600 | = | 0.0% |
| Reserves | 13 | €190,660 | €224,960 | +€34,300 | +18.0% |
| Distributable reserves | 133 | €190,660 | €224,960 | +€34,300 | +18.0% |
| Amounts payable | 17/49 | €55,326 | €2,205 | -€53,121 | -96.0% |
| Amounts payable within one year | 42/48 | €55,326 | €2,205 | -€53,121 | -96.0% |
| Trade debts | 44 | €39,073 | €2,205 | -€36,867 | -94.4% |
| Suppliers | 440/4 | €39,073 | €2,205 | -€36,867 | -94.4% |
| Taxes, remuneration and social security | 45 | €5,234 | - | -€5,234 | |
| Taxes | 450/3 | €5,234 | - | -€5,234 | |
| Other amounts payable | 47/48 | €11,019 | - | -€11,019 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,822 | €3,843 | -€979 | -20.3% |
| Other operating charges | 640/8 | €795 | €671 | -€124 | -15.6% |
| Gross operating margin | 9900 | €63,615 | €51,640 | -€11,975 | -18.8% |
| Operating profit (loss) | 9901 | €57,998 | €47,126 | -€10,872 | -18.7% |
| Financial income | 75/76B | €323 | €6,098 | +€5,775 | +1,788% |
| Recurring financial income | 75 | €323 | €6,098 | +€5,775 | +1,788% |
| Financial charges | 65/66B | €168 | €5,362 | +€5,194 | +3,091% |
| Recurring financial charges | 65 | €168 | €5,362 | +€5,194 | +3,091% |
| Profit (loss) for the period before taxes | 9903 | €58,153 | €47,862 | -€10,291 | -17.7% |
| Income taxes | 67/77 | €17,253 | €13,562 | -€3,691 | -21.4% |
| Profit (loss) for the period | 9904 | €40,900 | €34,300 | -€6,600 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,900 | €34,300 | -€6,600 | -16.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.