LA TENUTA: 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.
LA TENUTA
Largest movements
- Current investments -€9,038
no longer reported in 2025 (was €9,038)
- Cash +€1,592
new in 2025: €1,592
mainly Current investments (+€9,038) and Receivables within one year (+€1,002)
- Receivables within one year -€1,002
down €1,002 (-10.5%), from €9,525 to €8,523
of which Other amounts receivable: -€1,002
- Profit (loss) carried forward -€8,456
down €8,456, from €7,887 to -€569
- Gross operating margin -€11,663
down €11,663, from €4,602 to -€7,061
- Taxes -€203
down €203 (-14.5%), from €1,405 to €1,201
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 | €32,137 | €23,690 | -€8,447 | -26.3% |
| Current assets | 29/58 | €32,137 | €23,690 | -€8,447 | -26.3% |
| Stocks and contracts in progress | 3 | €13,575 | €13,575 | = | 0.0% |
| Stocks | 30/36 | €13,575 | €13,575 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,525 | €8,523 | -€1,002 | -10.5% |
| Trade receivables | 40 | €6,050 | €6,050 | = | 0.0% |
| Other amounts receivable | 41 | €3,475 | €2,473 | -€1,002 | -28.8% |
| Current investments | 50/53 | €9,038 | - | -€9,038 | |
| Cash at bank and in hand | 54/58 | - | €1,592 | +€1,592 | |
| Total equity and liabilities | 10/49 | €32,137 | €23,690 | -€8,447 | -26.3% |
| Equity | 10/15 | €27,887 | €19,431 | -€8,456 | -30.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,887 | -€569 | -€8,456 | |
| Amounts payable | 17/49 | €4,250 | €4,259 | +€9 | +0.2% |
| Amounts payable within one year | 42/48 | €4,250 | €4,259 | +€9 | +0.2% |
| Trade debts | 44 | €4,250 | €4,259 | +€9 | +0.2% |
| Suppliers | 440/4 | €4,250 | €4,259 | +€9 | +0.2% |
| Other operating charges | 640/8 | €149 | €149 | = | 0.0% |
| Gross operating margin | 9900 | €4,602 | -€7,061 | -€11,663 | |
| Operating profit (loss) | 9901 | €4,453 | -€7,210 | -€11,663 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,408 | -€7,255 | -€11,663 | |
| Income taxes | 67/77 | €1,405 | €1,201 | -€203 | -14.5% |
| Profit (loss) for the period | 9904 | €3,004 | -€8,456 | -€11,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,004 | -€8,456 | -€11,460 |
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 27 October 2026 via checked.be.