TnS Technics: 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.
TnS Technics
Largest movements
- Tangible fixed assets +€335,648
up €335,648 (+585.9%), from €57,292 to €392,940
of which Land and buildings: +€304,916
- Receivables within one year -€39,672
down €39,672 (-8.6%), from €460,215 to €420,543
of which Trade receivables: -€129,536
- Cash -€10,012
down €10,012 (-51.0%), from €19,645 to €9,633
mainly Investment in fixed assets (net) (-€368,434) and Current portion of long-term debt (-€46,375)
- Trade debts +€258,525
up €258,525 (+249.3%), from €103,680 to €362,205
- Short-term financial debts +€72,810
new in 2025: €72,810
- Current portion of long-term debt -€46,375
down €46,375 (-85.2%), from €54,403 to €8,028
- Tax, wage and social debts -€37,082
down €37,082 (-29.9%), from €124,185 to €87,103
of which Remuneration and social security: -€63,430
- Reserves +€35,583
up €35,583 (+29.1%), from €122,133 to €157,716
- Staff costs -€176,977
down €176,977 (-36.4%), from €486,337 to €309,360
- Gross operating margin -€152,205
down €152,205 (-26.9%), from €565,898 to €413,693
- Other operating charges -€27,298
down €27,298 (-78.2%), from €34,908 to €7,610
- Depreciation +€18,020
up €18,020 (+122.0%), from €14,765 to €32,785
- Financial income -€6,804
down €6,804 (-99.9%), from €6,810 to €7
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 | €540,033 | €824,132 | +€284,100 | +52.6% |
| Fixed assets | 21/28 | €57,292 | €392,940 | +€335,648 | +585.9% |
| Tangible fixed assets | 22/27 | €57,292 | €392,940 | +€335,648 | +585.9% |
| Land and buildings | 22 | - | €304,916 | +€304,916 | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €57,292 | €88,024 | +€30,732 | +53.6% |
| Current assets | 29/58 | €482,741 | €431,193 | -€51,548 | -10.7% |
| Amounts receivable within one year | 40/41 | €460,215 | €420,543 | -€39,672 | -8.6% |
| Trade receivables | 40 | €382,720 | €253,183 | -€129,536 | -33.8% |
| Other amounts receivable | 41 | €77,496 | €167,360 | +€89,864 | +116.0% |
| Cash at bank and in hand | 54/58 | €19,645 | €9,633 | -€10,012 | -51.0% |
| Deferred charges and accrued income | 490/1 | €2,881 | €1,017 | -€1,864 | -64.7% |
| Total equity and liabilities | 10/49 | €540,033 | €824,132 | +€284,100 | +52.6% |
| Equity | 10/15 | €128,333 | €163,916 | +€35,583 | +27.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €122,133 | €157,716 | +€35,583 | +29.1% |
| Distributable reserves | 133 | €122,133 | €157,716 | +€35,583 | +29.1% |
| Amounts payable | 17/49 | €411,700 | €660,217 | +€248,517 | +60.4% |
| Amounts payable after more than one year | 17 | €124,913 | €130,070 | +€5,158 | +4.1% |
| Financial debts | 170/4 | €124,913 | €130,070 | +€5,158 | +4.1% |
| Amounts payable within one year | 42/48 | €282,269 | €530,146 | +€247,878 | +87.8% |
| Current portion of amounts payable after more than one year | 42 | €54,403 | €8,028 | -€46,375 | -85.2% |
| Financial debts | 43 | - | €72,810 | +€72,810 | |
| Credit institutions | 430/8 | - | €72,810 | +€72,810 | |
| Trade debts | 44 | €103,680 | €362,205 | +€258,525 | +249.3% |
| Suppliers | 440/4 | €103,680 | €362,205 | +€258,525 | +249.3% |
| Taxes, remuneration and social security | 45 | €124,185 | €87,103 | -€37,082 | -29.9% |
| Taxes | 450/3 | €35,501 | €61,849 | +€26,348 | +74.2% |
| Remuneration and social security | 454/9 | €88,685 | €25,254 | -€63,430 | -71.5% |
| Accrued charges and deferred income | 492/3 | €4,519 | - | -€4,519 | |
| Remuneration, social security and pensions | 62 | €486,337 | €309,360 | -€176,977 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,765 | €32,785 | +€18,020 | +122.0% |
| Other operating charges | 640/8 | €34,908 | €7,610 | -€27,298 | -78.2% |
| Non-recurring operating charges | 66A | - | €879 | +€879 | |
| Gross operating margin | 9900 | €565,898 | €413,693 | -€152,205 | -26.9% |
| Operating profit (loss) | 9901 | €29,888 | €63,059 | +€33,171 | +111.0% |
| Financial income | 75/76B | €6,810 | €7 | -€6,804 | -99.9% |
| Recurring financial income | 75 | €6,810 | €7 | -€6,804 | -99.9% |
| Financial charges | 65/66B | €14,802 | €9,820 | -€4,981 | -33.7% |
| Recurring financial charges | 65 | €14,802 | €9,820 | -€4,981 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €21,897 | €53,245 | +€31,349 | +143.2% |
| Income taxes | 67/77 | €13,178 | €17,662 | +€4,484 | +34.0% |
| Profit (loss) for the period | 9904 | €8,718 | €35,583 | +€26,865 | +308.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,718 | €35,583 | +€26,865 | +308.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.