LE TEDDY'S: 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.
LE TEDDY'S
Largest movements
- Cash +€28,108
up €28,108 (+610%), from €4,609 to €32,717
mainly Net result for the year (+€30,651) and Trade debts (+€19,388)
- Receivables within one year +€23,030
up €23,030 (+148%), from €15,543 to €38,573
of which Trade receivables: +€23,475
- Stocks and contracts +€18,591
up €18,591 (+196%), from €9,494 to €28,085
- Tangible fixed assets -€6,610
down €6,610 (-13.9%), from €47,499 to €40,889
of which Furniture and vehicles: -€4,136
- Profit (loss) carried forward +€20,651
up €20,651 (+52.5%), from -€39,299 to -€18,648
- Trade debts +€19,388
up €19,388 (+44.3%), from €43,746 to €63,134
- Tax, wage and social debts +€19,343
up €19,343 (+74.3%), from €26,044 to €45,387
of which Remuneration and social security: +€16,789
- Reserves +€10,000
new in 2025: €10,000
- Accrued charges and deferred income -€4,400
down €4,400 (-26.1%), from €16,877 to €12,477
- Staff costs -€28,890
down €28,890 (-27.9%), from €103,615 to €74,725
- Gross operating margin +€26,428
up €26,428 (+28.1%), from €94,183 to €120,611
- Financial charges +€1,231
up €1,231 (+58.8%), from €2,093 to €3,324
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 | €77,236 | €140,695 | +€63,459 | +82.2% |
| Fixed assets | 21/28 | €47,499 | €40,889 | -€6,610 | -13.9% |
| Tangible fixed assets | 22/27 | €47,499 | €40,889 | -€6,610 | -13.9% |
| Furniture and vehicles | 24 | €27,240 | €23,104 | -€4,136 | -15.2% |
| Other tangible fixed assets | 26 | €20,259 | €17,785 | -€2,474 | -12.2% |
| Current assets | 29/58 | €29,737 | €99,806 | +€70,069 | +236% |
| Stocks and contracts in progress | 3 | €9,494 | €28,085 | +€18,591 | +196% |
| Stocks | 30/36 | €9,494 | €28,085 | +€18,591 | +196% |
| Amounts receivable within one year | 40/41 | €15,543 | €38,573 | +€23,030 | +148% |
| Trade receivables | 40 | €14,978 | €38,453 | +€23,475 | +157% |
| Other amounts receivable | 41 | €565 | €120 | -€445 | -78.8% |
| Cash at bank and in hand | 54/58 | €4,609 | €32,717 | +€28,108 | +610% |
| Deferred charges and accrued income | 490/1 | €91 | €431 | +€340 | +374% |
| Total equity and liabilities | 10/49 | €77,236 | €140,695 | +€63,459 | +82.2% |
| Equity | 10/15 | -€34,299 | -€3,648 | +€30,651 | +89.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €10,000 | +€10,000 | |
| Distributable reserves | 133 | - | €10,000 | +€10,000 | |
| Profit (loss) carried forward | 14 | -€39,299 | -€18,648 | +€20,651 | +52.5% |
| Amounts payable | 17/49 | €111,535 | €144,343 | +€32,808 | +29.4% |
| Amounts payable within one year | 42/48 | €94,658 | €131,866 | +€37,208 | +39.3% |
| Trade debts | 44 | €43,746 | €63,134 | +€19,388 | +44.3% |
| Suppliers | 440/4 | €43,746 | €63,134 | +€19,388 | +44.3% |
| Taxes, remuneration and social security | 45 | €26,044 | €45,387 | +€19,343 | +74.3% |
| Taxes | 450/3 | €15,199 | €17,753 | +€2,554 | +16.8% |
| Remuneration and social security | 454/9 | €10,845 | €27,634 | +€16,789 | +155% |
| Other amounts payable | 47/48 | €24,868 | €23,345 | -€1,523 | -6.1% |
| Accrued charges and deferred income | 492/3 | €16,877 | €12,477 | -€4,400 | -26.1% |
| Remuneration, social security and pensions | 62 | €103,615 | €74,725 | -€28,890 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,032 | €8,596 | +€564 | +7.0% |
| Other operating charges | 640/8 | €1,684 | €2,355 | +€671 | +39.8% |
| Gross operating margin | 9900 | €94,183 | €120,611 | +€26,428 | +28.1% |
| Operating profit (loss) | 9901 | -€19,148 | €34,935 | +€54,083 | |
| Financial income | 75/76B | €126 | €40 | -€86 | -68.3% |
| Recurring financial income | 75 | €126 | €40 | -€86 | -68.3% |
| Financial charges | 65/66B | €2,093 | €3,324 | +€1,231 | +58.8% |
| Recurring financial charges | 65 | €2,093 | €3,324 | +€1,231 | +58.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,115 | €31,651 | +€52,766 | |
| Income taxes | 67/77 | - | €1,000 | +€1,000 | |
| Profit (loss) for the period | 9904 | -€21,115 | €30,651 | +€51,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,115 | €30,651 | +€51,766 |
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 1 November 2026 via checked.be.