TECHBORN: what changed
TECHBORN
Largest movements
- Cash -€44,321
down €44,321 (-82.3%), from €53,840 to €9,520
mainly Contributions, distributions and other (-€45,000) and Other debts (-€24,544)
- Receivables within one year +€17,204
up €17,204 (+67.7%), from €25,424 to €42,629
of which Trade receivables: +€15,332
- Tangible fixed assets +€6,368
up €6,368 (+43.4%), from €14,674 to €21,042
of which Furniture and vehicles: +€6,729
- Other debts -€24,544
down €24,544 (-35.3%), from €69,544 to €45,000
- Tax, wage and social debts +€2,107
up €2,107 (+43.8%), from €4,809 to €6,916
- Gross operating margin -€25,286
down €25,286 (-28.1%), from €89,969 to €64,683
- Taxes -€6,167
down €6,167 (-34.5%), from €17,856 to €11,689
- Depreciation +€3,697
up €3,697 (+202%), from €1,826 to €5,522
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,578 | €77,845 | -€21,733 | -21.8% |
| Fixed assets | 21/28 | €14,674 | €21,042 | +€6,368 | +43.4% |
| Tangible fixed assets | 22/27 | €14,674 | €21,042 | +€6,368 | +43.4% |
| Furniture and vehicles | 24 | €11,195 | €17,924 | +€6,729 | +60.1% |
| Other tangible fixed assets | 26 | €3,479 | €3,118 | -€361 | -10.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €84,904 | €56,803 | -€28,102 | -33.1% |
| Amounts receivable within one year | 40/41 | €25,424 | €42,629 | +€17,204 | +67.7% |
| Trade receivables | 40 | €24,781 | €40,113 | +€15,332 | +61.9% |
| Other amounts receivable | 41 | €644 | €2,516 | +€1,872 | +291% |
| Cash at bank and in hand | 54/58 | €53,840 | €9,520 | -€44,321 | -82.3% |
| Deferred charges and accrued income | 490/1 | €5,639 | €4,655 | -€985 | -17.5% |
| Total equity and liabilities | 10/49 | €99,578 | €77,845 | -€21,733 | -21.8% |
| Equity | 10/15 | €20,614 | €20,606 | -€9 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154 | €146 | -€9 | -5.6% |
| Amounts payable | 17/49 | €78,964 | €57,239 | -€21,724 | -27.5% |
| Amounts payable within one year | 42/48 | €78,964 | €57,158 | -€21,806 | -27.6% |
| Trade debts | 44 | €4,610 | €5,242 | +€632 | +13.7% |
| Suppliers | 440/4 | €4,610 | €5,242 | +€632 | +13.7% |
| Taxes, remuneration and social security | 45 | €4,809 | €6,916 | +€2,107 | +43.8% |
| Taxes | 450/3 | €4,809 | €6,916 | +€2,107 | +43.8% |
| Other amounts payable | 47/48 | €69,544 | €45,000 | -€24,544 | -35.3% |
| Accrued charges and deferred income | 492/3 | - | €81 | +€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,826 | €5,522 | +€3,697 | +202% |
| Other operating charges | 640/8 | €985 | €1,361 | +€377 | +38.3% |
| Gross operating margin | 9900 | €89,969 | €64,683 | -€25,286 | -28.1% |
| Operating profit (loss) | 9901 | €87,159 | €57,800 | -€29,359 | -33.7% |
| Financial income | 75/76B | €584 | €0 | -€584 | -100.0% |
| Recurring financial income | 75 | €584 | €0 | -€584 | -100.0% |
| Financial charges | 65/66B | €434 | €1,119 | +€686 | +158% |
| Recurring financial charges | 65 | €434 | €1,119 | +€686 | +158% |
| Profit (loss) for the period before taxes | 9903 | €87,309 | €56,680 | -€30,629 | -35.1% |
| Income taxes | 67/77 | €17,856 | €11,689 | -€6,167 | -34.5% |
| Profit (loss) for the period | 9904 | €69,453 | €44,991 | -€24,461 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,453 | €44,991 | -€24,461 | -35.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.