TVDA 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.
TVDA Technics
Largest movements
- Cash +€32,019
up €32,019 (+207.6%), from €15,424 to €47,443
mainly Receivables within one year (+€30,156) and Trade debts (+€16,055)
- Receivables within one year -€30,156
down €30,156 (-47.7%), from €63,199 to €33,043
of which Trade receivables: -€25,996
- Deferred charges and accrued income -€2,527
down €2,527 (-80.5%), from €3,139 to €612
- Tangible fixed assets -€1,023
down €1,023 (-23.7%), from €4,324 to €3,300
of which Plant, machinery and equipment: -€2,139
- Tax, wage and social debts -€19,041
down €19,041 (-95.7%), from €19,905 to €865
- Trade debts +€16,055
up €16,055 (+347.9%), from €4,615 to €20,670
- Gross operating margin -€69,957
down €69,957 (-93.5%), from €74,808 to €4,851
- Taxes -€19,224
down €19,224 (-96.6%), from €19,905 to €681
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 | €86,086 | €84,399 | -€1,688 | -2.0% |
| Fixed assets | 21/28 | €4,324 | €3,300 | -€1,023 | -23.7% |
| Tangible fixed assets | 22/27 | €4,324 | €3,300 | -€1,023 | -23.7% |
| Plant, machinery and equipment | 23 | €4,324 | €2,185 | -€2,139 | -49.5% |
| Furniture and vehicles | 24 | - | €1,115 | +€1,115 | |
| Current assets | 29/58 | €81,763 | €81,098 | -€664 | -0.8% |
| Amounts receivable within one year | 40/41 | €63,199 | €33,043 | -€30,156 | -47.7% |
| Trade receivables | 40 | €59,036 | €33,041 | -€25,996 | -44.0% |
| Other amounts receivable | 41 | €4,163 | €3 | -€4,160 | -99.9% |
| Cash at bank and in hand | 54/58 | €15,424 | €47,443 | +€32,019 | +207.6% |
| Deferred charges and accrued income | 490/1 | €3,139 | €612 | -€2,527 | -80.5% |
| Total equity and liabilities | 10/49 | €86,086 | €84,399 | -€1,688 | -2.0% |
| Equity | 10/15 | €61,216 | €61,830 | +€614 | +1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €51,216 | €51,830 | +€614 | +1.2% |
| Distributable reserves | 133 | €51,216 | €51,830 | +€614 | +1.2% |
| Amounts payable | 17/49 | €24,870 | €22,569 | -€2,301 | -9.3% |
| Amounts payable within one year | 42/48 | €24,870 | €22,569 | -€2,301 | -9.3% |
| Trade debts | 44 | €4,615 | €20,670 | +€16,055 | +347.9% |
| Suppliers | 440/4 | €4,615 | €20,670 | +€16,055 | +347.9% |
| Taxes, remuneration and social security | 45 | €19,905 | €865 | -€19,041 | -95.7% |
| Taxes | 450/3 | €19,905 | €865 | -€19,041 | -95.7% |
| Other amounts payable | 47/48 | €351 | €1,035 | +€684 | +195.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,092 | €2,239 | +€146 | +7.0% |
| Other operating charges | 640/8 | €1,546 | €1,278 | -€268 | -17.3% |
| Gross operating margin | 9900 | €74,808 | €4,851 | -€69,957 | -93.5% |
| Operating profit (loss) | 9901 | €71,169 | €1,335 | -€69,835 | -98.1% |
| Financial income | 75/76B | €22 | €139 | +€117 | +546.4% |
| Recurring financial income | 75 | €22 | €139 | +€117 | +546.4% |
| Financial charges | 65/66B | €70 | €179 | +€109 | +156.2% |
| Recurring financial charges | 65 | €70 | €179 | +€109 | +156.2% |
| Profit (loss) for the period before taxes | 9903 | €71,121 | €1,295 | -€69,826 | -98.2% |
| Income taxes | 67/77 | €19,905 | €681 | -€19,224 | -96.6% |
| Profit (loss) for the period | 9904 | €51,216 | €614 | -€50,602 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,216 | €614 | -€50,602 | -98.8% |
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.