TVA TECHNIEK: 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.
TVA TECHNIEK
Largest movements
- Tangible fixed assets -€13,512
down €13,512 (-21.2%), from €63,873 to €50,361
of which Furniture and vehicles: -€15,000
- Receivables within one year -€7,301
down €7,301 (-7.1%), from €103,477 to €96,177
of which Trade receivables: -€5,947
- Cash +€4,225
up €4,225 (+4.7%), from €90,295 to €94,520
mainly Depreciation (+€15,285) and Receivables within one year (+€7,301)
- Trade debts -€14,878
down €14,878 (-89.1%), from €16,700 to €1,822
- Profit (loss) carried forward -€11,253
new in 2025: -€11,253
- Tax, wage and social debts +€7,286
up €7,286 (+45.8%), from €15,921 to €23,207
of which Remuneration and social security: +€4,200
- Other debts +€4,531
up €4,531 (+5.6%), from €80,872 to €85,402
- Gross operating margin -€16,408
down €16,408 (-58.6%), from €27,979 to €11,571
- Depreciation +€4,158
up €4,158 (+37.4%), from €11,127 to €15,285
- Taxes -€897
down €897 (-54.5%), from €1,646 to €749
- Financial charges -€580
down €580 (-8.9%), from €6,542 to €5,961
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 | €263,574 | €247,200 | -€16,373 | -6.2% |
| Fixed assets | 21/28 | €63,873 | €50,361 | -€13,512 | -21.2% |
| Tangible fixed assets | 22/27 | €63,873 | €50,361 | -€13,512 | -21.2% |
| Plant, machinery and equipment | 23 | - | €1,488 | +€1,488 | |
| Furniture and vehicles | 24 | €63,873 | €48,873 | -€15,000 | -23.5% |
| Current assets | 29/58 | €199,701 | €196,839 | -€2,861 | -1.4% |
| Amounts receivable within one year | 40/41 | €103,477 | €96,177 | -€7,301 | -7.1% |
| Trade receivables | 40 | €102,123 | €96,177 | -€5,947 | -5.8% |
| Other amounts receivable | 41 | €1,354 | €0 | -€1,354 | -100% |
| Cash at bank and in hand | 54/58 | €90,295 | €94,520 | +€4,225 | +4.7% |
| Deferred charges and accrued income | 490/1 | €5,928 | €6,143 | +€215 | +3.6% |
| Total equity and liabilities | 10/49 | €263,574 | €247,200 | -€16,373 | -6.2% |
| Equity | 10/15 | €142,149 | €130,896 | -€11,253 | -7.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €122,149 | €122,149 | = | 0.0% |
| Distributable reserves | 133 | €122,149 | €122,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€11,253 | -€11,253 | |
| Amounts payable | 17/49 | €121,425 | €116,304 | -€5,120 | -4.2% |
| Amounts payable within one year | 42/48 | €113,494 | €110,432 | -€3,062 | -2.7% |
| Trade debts | 44 | €16,700 | €1,822 | -€14,878 | -89.1% |
| Suppliers | 440/4 | €16,700 | €1,822 | -€14,878 | -89.1% |
| Taxes, remuneration and social security | 45 | €15,921 | €23,207 | +€7,286 | +45.8% |
| Taxes | 450/3 | €2,121 | €5,207 | +€3,086 | +145% |
| Remuneration and social security | 454/9 | €13,800 | €18,000 | +€4,200 | +30.4% |
| Other amounts payable | 47/48 | €80,872 | €85,402 | +€4,531 | +5.6% |
| Accrued charges and deferred income | 492/3 | €7,931 | €5,873 | -€2,058 | -26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,127 | €15,285 | +€4,158 | +37.4% |
| Other operating charges | 640/8 | €806 | €830 | +€24 | +2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,979 | €11,571 | -€16,408 | -58.6% |
| Operating profit (loss) | 9901 | €16,046 | -€4,543 | -€20,589 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,542 | €5,961 | -€580 | -8.9% |
| Recurring financial charges | 65 | €6,542 | €5,961 | -€580 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €9,505 | -€10,505 | -€20,009 | |
| Income taxes | 67/77 | €1,646 | €749 | -€897 | -54.5% |
| Profit (loss) for the period | 9904 | €7,859 | -€11,253 | -€19,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,859 | -€11,253 | -€19,112 |
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 23 October 2026 via checked.be.