TEQMOTUS: 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.
TEQMOTUS
Largest movements
- Receivables within one year -€84,260
down €84,260 (-67.5%), from €124,841 to €40,581
of which Trade receivables: -€74,400
- Cash -€63,436
down €63,436 (-73.7%), from €86,049 to €22,613
mainly Advances received (-€200,000) and Trade debts (-€1,498)
- Receivables after one year -€37,918
down €37,918 (-23.9%), from €158,537 to €120,619
- Advances received -€200,000
down €200,000 (-100%), from €200,000 to €0
- Accrued charges and deferred income +€10,856
up €10,856 (+684%), from €1,587 to €12,443
- Financial income +€7,341
up €7,341 (+212%), from €3,459 to €10,800
- Gross operating margin -€6,323
down €6,323, from €2,490 to -€3,833
- Taxes +€239
up €239 (+33.8%), from €708 to €947
- Financial charges +€72
up €72 (+3.1%), from €2,310 to €2,383
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 | €370,000 | €183,814 | -€186,186 | -50.3% |
| Fixed assets | 21/28 | €573 | €0 | -€573 | -100% |
| Tangible fixed assets | 22/27 | €573 | €0 | -€573 | -100% |
| Plant, machinery and equipment | 23 | €573 | €0 | -€573 | -100% |
| Current assets | 29/58 | €369,427 | €183,814 | -€185,613 | -50.2% |
| Amounts receivable after more than one year | 29 | €158,537 | €120,619 | -€37,918 | -23.9% |
| Other amounts receivable | 291 | €158,537 | €120,619 | -€37,918 | -23.9% |
| Amounts receivable within one year | 40/41 | €124,841 | €40,581 | -€84,260 | -67.5% |
| Trade receivables | 40 | €77,000 | €2,600 | -€74,400 | -96.6% |
| Other amounts receivable | 41 | €47,841 | €37,981 | -€9,860 | -20.6% |
| Cash at bank and in hand | 54/58 | €86,049 | €22,613 | -€63,436 | -73.7% |
| Total equity and liabilities | 10/49 | €370,000 | €183,814 | -€186,186 | -50.3% |
| Equity | 10/15 | €58,564 | €61,166 | +€2,602 | +4.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €8,564 | €11,166 | +€2,602 | +30.4% |
| Distributable reserves | 133 | €8,564 | €11,166 | +€2,602 | +30.4% |
| Amounts payable | 17/49 | €311,437 | €122,649 | -€188,788 | -60.6% |
| Amounts payable within one year | 42/48 | €309,850 | €110,206 | -€199,644 | -64.4% |
| Trade debts | 44 | €1,498 | €0 | -€1,498 | -100% |
| Suppliers | 440/4 | €1,498 | €0 | -€1,498 | -100% |
| Advances received on contracts in progress | 46 | €200,000 | €0 | -€200,000 | -100% |
| Taxes, remuneration and social security | 45 | €1,388 | €1,655 | +€267 | +19.2% |
| Taxes | 450/3 | €1,388 | €1,655 | +€267 | +19.2% |
| Other amounts payable | 47/48 | €106,964 | €108,551 | +€1,587 | +1.5% |
| Accrued charges and deferred income | 492/3 | €1,587 | €12,443 | +€10,856 | +684% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €592 | €573 | -€19 | -3.3% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €2,490 | -€3,833 | -€6,323 | |
| Operating profit (loss) | 9901 | €1,448 | -€4,868 | -€6,316 | |
| Financial income | 75/76B | €3,459 | €10,800 | +€7,341 | +212% |
| Recurring financial income | 75 | €3,459 | €10,800 | +€7,341 | +212% |
| Financial charges | 65/66B | €2,310 | €2,383 | +€72 | +3.1% |
| Recurring financial charges | 65 | €2,310 | €2,383 | +€72 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €2,597 | €3,549 | +€952 | +36.6% |
| Income taxes | 67/77 | €708 | €947 | +€239 | +33.8% |
| Profit (loss) for the period | 9904 | €1,890 | €2,602 | +€712 | +37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,890 | €2,602 | +€712 | +37.7% |
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 15 October 2026 via checked.be.