AS TEGEL CONCEPT: 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.
AS TEGEL CONCEPT
Largest movements
- Cash -€238
down €238 (-80.7%), from €295 to €57
mainly Net result for the year (-€5,045) and Trade debts (-€48)
- Profit (loss) carried forward -€5,045
down €5,045 (-93.0%), from -€5,423 to -€10,468
- Other debts +€4,855
up €4,855 (+141%), from €3,450 to €8,305
- Trade debts -€48
no longer reported in 2025 (was €48)
- Gross operating margin +€155
up €155 (+3.1%), from -€5,005 to -€4,850
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 | €1,075 | €837 | -€238 | -22.1% |
| Current assets | 29/58 | €1,075 | €837 | -€238 | -22.1% |
| Amounts receivable within one year | 40/41 | €780 | €780 | = | 0.0% |
| Other amounts receivable | 41 | €780 | €780 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €295 | €57 | -€238 | -80.7% |
| Total equity and liabilities | 10/49 | €1,075 | €837 | -€238 | -22.1% |
| Equity | 10/15 | -€2,423 | -€7,468 | -€5,045 | -208% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,423 | -€10,468 | -€5,045 | -93.0% |
| Amounts payable | 17/49 | €3,498 | €8,305 | +€4,807 | +137% |
| Amounts payable within one year | 42/48 | €3,498 | €8,305 | +€4,807 | +137% |
| Trade debts | 44 | €48 | - | -€48 | |
| Suppliers | 440/4 | €48 | - | -€48 | |
| Other amounts payable | 47/48 | €3,450 | €8,305 | +€4,855 | +141% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€5,005 | -€4,850 | +€155 | +3.1% |
| Operating profit (loss) | 9901 | -€5,123 | -€4,970 | +€153 | +3.0% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.4% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,197 | -€5,045 | +€152 | +2.9% |
| Profit (loss) for the period | 9904 | -€5,197 | -€5,045 | +€152 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,197 | -€5,045 | +€152 | +2.9% |
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 16 October 2026 via checked.be.