TO 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.
TO Technics
Largest movements
- Cash +€39,775
up €39,775 (+91.5%), from €43,493 to €83,269
mainly Net result for the year (+€29,361) and Trade debts (+€8,003)
- Tangible fixed assets -€7,743
down €7,743 (-29.5%), from €26,271 to €18,528
of which Leasing and similar rights: -€6,198
- Receivables within one year -€2,549
down €2,549 (-25.7%), from €9,935 to €7,386
- Reserves +€28,528
up €28,528 (+73.3%), from €38,932 to €67,459
- Trade debts +€8,003
up €8,003 (+192.9%), from €4,150 to €12,153
- Debts after one year -€6,104
down €6,104 (-37.0%), from €16,501 to €10,397
- Gross operating margin -€17,593
down €17,593 (-27.4%), from €64,114 to €46,521
- Depreciation -€3,688
down €3,688 (-32.3%), from €11,432 to €7,743
- Taxes -€2,187
down €2,187 (-21.7%), from €10,075 to €7,888
- Financial charges -€1,327
down €1,327 (-58.4%), from €2,271 to €944
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 | €80,401 | €109,902 | +€29,501 | +36.7% |
| Fixed assets | 21/28 | €26,271 | €18,528 | -€7,743 | -29.5% |
| Tangible fixed assets | 22/27 | €26,271 | €18,528 | -€7,743 | -29.5% |
| Plant, machinery and equipment | 23 | €4,417 | €3,379 | -€1,038 | -23.5% |
| Furniture and vehicles | 24 | €676 | €169 | -€507 | -75.0% |
| Leasing and similar rights | 25 | €21,178 | €14,979 | -€6,198 | -29.3% |
| Current assets | 29/58 | €54,130 | €91,375 | +€37,244 | +68.8% |
| Amounts receivable within one year | 40/41 | €9,935 | €7,386 | -€2,549 | -25.7% |
| Trade receivables | 40 | €9,935 | €7,386 | -€2,549 | -25.7% |
| Cash at bank and in hand | 54/58 | €43,493 | €83,269 | +€39,775 | +91.5% |
| Deferred charges and accrued income | 490/1 | €702 | €720 | +€18 | +2.6% |
| Total equity and liabilities | 10/49 | €80,401 | €109,902 | +€29,501 | +36.7% |
| Equity | 10/15 | €40,932 | €69,459 | +€28,528 | +69.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €38,932 | €67,459 | +€28,528 | +73.3% |
| Distributable reserves | 133 | €38,932 | €67,459 | +€28,528 | +73.3% |
| Amounts payable | 17/49 | €39,470 | €40,443 | +€974 | +2.5% |
| Amounts payable after more than one year | 17 | €16,501 | €10,397 | -€6,104 | -37.0% |
| Financial debts | 170/4 | €16,501 | €10,397 | -€6,104 | -37.0% |
| Amounts payable within one year | 42/48 | €22,969 | €30,046 | +€7,077 | +30.8% |
| Current portion of amounts payable after more than one year | 42 | €5,821 | €6,104 | +€283 | +4.9% |
| Trade debts | 44 | €4,150 | €12,153 | +€8,003 | +192.9% |
| Suppliers | 440/4 | €4,150 | €12,153 | +€8,003 | +192.9% |
| Taxes, remuneration and social security | 45 | €11,980 | €10,900 | -€1,080 | -9.0% |
| Taxes | 450/3 | €10,130 | €10,900 | +€770 | +7.6% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Other amounts payable | 47/48 | €1,018 | €890 | -€129 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,432 | €7,743 | -€3,688 | -32.3% |
| Other operating charges | 640/8 | €573 | €596 | +€23 | +4.0% |
| Gross operating margin | 9900 | €64,114 | €46,521 | -€17,593 | -27.4% |
| Operating profit (loss) | 9901 | €52,110 | €38,182 | -€13,928 | -26.7% |
| Financial income | 75/76B | €0 | €10 | +€10 | +9009.1% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +9009.1% |
| Financial charges | 65/66B | €2,271 | €944 | -€1,327 | -58.4% |
| Recurring financial charges | 65 | €2,271 | €944 | -€1,327 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €49,839 | €37,248 | -€12,591 | -25.3% |
| Income taxes | 67/77 | €10,075 | €7,888 | -€2,187 | -21.7% |
| Profit (loss) for the period | 9904 | €39,765 | €29,361 | -€10,404 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,765 | €29,361 | -€10,404 | -26.2% |
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 5 October 2026 via checked.be.