A-S -TEGEL: 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.
A-S -TEGEL
Largest movements
- Receivables within one year +€2,828
up €2,828 (+1.4%), from €205,708 to €208,536
of which Other amounts receivable: +€2,828
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€182
down €182 (-7.7%), from -€2,367 to -€2,549
- Other operating charges -€66
down €66 (-14.7%), from €450 to €384
- Financial income +€46
up €46 (+1.2%), from €3,933 to €3,980
- Financial charges +€26
up €26 (+25.1%), from €104 to €131
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 | €235,177 | €233,912 | -€1,265 | -0.5% |
| Fixed assets | 21/28 | €27,099 | €25,108 | -€1,991 | -7.3% |
| Tangible fixed assets | 22/27 | €7,099 | €5,108 | -€1,991 | -28.0% |
| Other tangible fixed assets | 26 | €7,099 | €5,108 | -€1,991 | -28.0% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €208,077 | €208,803 | +€726 | +0.3% |
| Amounts receivable within one year | 40/41 | €205,708 | €208,536 | +€2,828 | +1.4% |
| Trade receivables | 40 | €7,894 | €7,894 | = | 0.0% |
| Other amounts receivable | 41 | €197,814 | €200,642 | +€2,828 | +1.4% |
| Cash at bank and in hand | 54/58 | €403 | €267 | -€135 | -33.6% |
| Deferred charges and accrued income | 490/1 | €1,967 | €0 | -€1,967 | -100% |
| Total equity and liabilities | 10/49 | €235,177 | €233,912 | -€1,265 | -0.5% |
| Equity | 10/15 | €234,924 | €233,848 | -€1,075 | -0.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €113,000 | €113,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €105,000 | €105,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,924 | €40,848 | -€1,075 | -2.6% |
| Amounts payable | 17/49 | €253 | €63 | -€190 | -74.9% |
| Amounts payable within one year | 42/48 | €253 | €63 | -€190 | -74.9% |
| Trade debts | 44 | €253 | €63 | -€190 | -74.9% |
| Suppliers | 440/4 | €253 | €63 | -€190 | -74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,991 | €1,991 | -€0 | 0.0% |
| Other operating charges | 640/8 | €450 | €384 | -€66 | -14.7% |
| Non-recurring operating charges | 66A | €5,736 | €0 | -€5,736 | -100% |
| Gross operating margin | 9900 | -€2,367 | -€2,549 | -€182 | -7.7% |
| Operating profit (loss) | 9901 | -€10,544 | -€4,924 | +€5,619 | +53.3% |
| Financial income | 75/76B | €3,933 | €3,980 | +€46 | +1.2% |
| Recurring financial income | 75 | €3,933 | €3,980 | +€46 | +1.2% |
| Financial charges | 65/66B | €104 | €131 | +€26 | +25.1% |
| Recurring financial charges | 65 | €104 | €131 | +€26 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,715 | -€1,075 | +€5,640 | +84.0% |
| Profit (loss) for the period | 9904 | -€6,715 | -€1,075 | +€5,640 | +84.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,715 | -€1,075 | +€5,640 | +84.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.