teratech: 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.
teratech
Largest movements
- Receivables within one year +€13,551
up €13,551 (+10.8%), from €125,646 to €139,197
of which Other amounts receivable: +€27,625
- Tangible fixed assets -€11,037
down €11,037 (-19.4%), from €56,756 to €45,719
of which Furniture and vehicles: -€9,542
- Cash -€5,563
down €5,563 (-2.4%), from €230,857 to €225,293
mainly Other debts (-€13,641) and Receivables within one year (-€13,551)
- Reserves +€45,455
up €45,455 (+19.5%), from €232,836 to €278,291
of which Distributable reserves: +€45,455
- Profit (loss) carried forward -€22,819
down €22,819 (-48.8%), from €46,712 to €23,893
- Other debts -€13,641
down €13,641 (-12.8%), from €106,246 to €92,604
- Trade debts -€9,373
down €9,373 (-69.4%), from €13,516 to €4,142
- Gross operating margin -€223,450
down €223,450 (-80.7%), from €276,984 to €53,534
- Taxes -€69,188
down €69,188 (-85.2%), from €81,251 to €12,063
- Depreciation +€12,232
up €12,232 (+168.4%), from €7,262 to €19,493
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 | €415,433 | €411,331 | -€4,102 | -1.0% |
| Fixed assets | 21/28 | €56,756 | €45,719 | -€11,037 | -19.4% |
| Tangible fixed assets | 22/27 | €56,756 | €45,719 | -€11,037 | -19.4% |
| Plant, machinery and equipment | 23 | €13,816 | €12,321 | -€1,495 | -10.8% |
| Furniture and vehicles | 24 | €42,940 | €33,398 | -€9,542 | -22.2% |
| Current assets | 29/58 | €358,676 | €365,611 | +€6,935 | +1.9% |
| Amounts receivable within one year | 40/41 | €125,646 | €139,197 | +€13,551 | +10.8% |
| Trade receivables | 40 | €121,674 | €107,600 | -€14,074 | -11.6% |
| Other amounts receivable | 41 | €3,972 | €31,597 | +€27,625 | +695.4% |
| Cash at bank and in hand | 54/58 | €230,857 | €225,293 | -€5,563 | -2.4% |
| Deferred charges and accrued income | 490/1 | €2,174 | €1,121 | -€1,053 | -48.4% |
| Total equity and liabilities | 10/49 | €415,433 | €411,331 | -€4,102 | -1.0% |
| Equity | 10/15 | €291,948 | €314,584 | +€22,636 | +7.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €232,836 | €278,291 | +€45,455 | +19.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €230,976 | €276,431 | +€45,455 | +19.7% |
| Profit (loss) carried forward | 14 | €46,712 | €23,893 | -€22,819 | -48.8% |
| Amounts payable | 17/49 | €123,485 | €96,747 | -€26,738 | -21.7% |
| Amounts payable within one year | 42/48 | €123,485 | €96,747 | -€26,738 | -21.7% |
| Trade debts | 44 | €13,516 | €4,142 | -€9,373 | -69.4% |
| Suppliers | 440/4 | €13,516 | €4,142 | -€9,373 | -69.4% |
| Taxes, remuneration and social security | 45 | €3,723 | - | -€3,723 | |
| Taxes | 450/3 | €3,723 | - | -€3,723 | |
| Other amounts payable | 47/48 | €106,246 | €92,604 | -€13,641 | -12.8% |
| Remuneration, social security and pensions | 62 | €84 | - | -€84 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,262 | €19,493 | +€12,232 | +168.4% |
| Other operating charges | 640/8 | €906 | €780 | -€126 | -13.9% |
| Gross operating margin | 9900 | €276,984 | €53,534 | -€223,450 | -80.7% |
| Operating profit (loss) | 9901 | €268,733 | €33,260 | -€235,472 | -87.6% |
| Financial income | 75/76B | €744 | €1,506 | +€761 | +102.3% |
| Recurring financial income | 75 | €744 | €1,506 | +€761 | +102.3% |
| Financial charges | 65/66B | €70 | €68 | -€3 | -3.9% |
| Recurring financial charges | 65 | €70 | €68 | -€3 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €269,407 | €34,698 | -€234,708 | -87.1% |
| Income taxes | 67/77 | €81,251 | €12,063 | -€69,188 | -85.2% |
| Profit (loss) for the period | 9904 | €188,156 | €22,635 | -€165,521 | -88.0% |
| Profit (loss) for the period to be appropriated | 9905 | €188,156 | €22,635 | -€165,521 | -88.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.