DE TIENBONDER: 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.
DE TIENBONDER
Largest movements
- Tangible fixed assets -€24,772
down €24,772 (-5.9%), from €419,341 to €394,569
of which Land and buildings: -€24,107
- Deferred charges and accrued income +€4,221
new in 2025: €4,221
- Receivables within one year +€4,204
up €4,204 (+5,653%), from €74 to €4,278
of which Other amounts receivable: +€4,000
- Profit (loss) carried forward -€8,986
down €8,986 (-8.6%), from -€104,801 to -€113,787
- Debts after one year -€5,000
down €5,000 (-1.1%), from €455,000 to €450,000
- Gross operating margin -€1,005
down €1,005 (-5.1%), from €19,900 to €18,894
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 | €419,478 | €405,942 | -€13,537 | -3.2% |
| Fixed assets | 21/28 | €419,403 | €394,631 | -€24,772 | -5.9% |
| Tangible fixed assets | 22/27 | €419,341 | €394,569 | -€24,772 | -5.9% |
| Land and buildings | 22 | €414,929 | €390,822 | -€24,107 | -5.8% |
| Plant, machinery and equipment | 23 | €4,412 | €3,747 | -€666 | -15.1% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €75 | €11,311 | +€11,236 | +14,957% |
| Amounts receivable within one year | 40/41 | €74 | €4,278 | +€4,204 | +5,653% |
| Trade receivables | 40 | - | €204 | +€204 | |
| Other amounts receivable | 41 | €74 | €4,074 | +€4,000 | +5,379% |
| Cash at bank and in hand | 54/58 | €1 | €2,812 | +€2,811 | +369,913% |
| Deferred charges and accrued income | 490/1 | - | €4,221 | +€4,221 | |
| Total equity and liabilities | 10/49 | €419,478 | €405,942 | -€13,537 | -3.2% |
| Equity | 10/15 | -€40,797 | -€49,783 | -€8,986 | -22.0% |
| Contributions | 10/11 | €62,121 | €62,121 | = | 0.0% |
| Capital | 10 | €62,121 | €62,121 | = | 0.0% |
| Issued capital | 100 | €62,121 | €62,121 | = | 0.0% |
| Reserves | 13 | €1,883 | €1,883 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,883 | €1,883 | = | 0.0% |
| Legal reserve | 130 | €1,883 | €1,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€104,801 | -€113,787 | -€8,986 | -8.6% |
| Amounts payable | 17/49 | €460,275 | €455,724 | -€4,551 | -1.0% |
| Amounts payable after more than one year | 17 | €455,000 | €450,000 | -€5,000 | -1.1% |
| Other amounts payable | 178/9 | €455,000 | €450,000 | -€5,000 | -1.1% |
| Amounts payable within one year | 42/48 | €5,275 | €5,724 | +€449 | +8.5% |
| Trade debts | 44 | €823 | €4,221 | +€3,397 | +413% |
| Suppliers | 440/4 | €823 | €4,221 | +€3,397 | +413% |
| Other amounts payable | 47/48 | €4,452 | €1,504 | -€2,948 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,772 | €24,772 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,932 | €3,018 | +€86 | +2.9% |
| Gross operating margin | 9900 | €19,900 | €18,894 | -€1,005 | -5.1% |
| Operating profit (loss) | 9901 | -€7,804 | -€8,896 | -€1,092 | -14.0% |
| Financial charges | 65/66B | €104 | €90 | -€14 | -13.4% |
| Recurring financial charges | 65 | €104 | €90 | -€14 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,908 | -€8,986 | -€1,078 | -13.6% |
| Profit (loss) for the period | 9904 | -€7,908 | -€8,986 | -€1,078 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,908 | -€8,986 | -€1,078 | -13.6% |
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 18 October 2026 via checked.be.