Le Tienne: 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 Tienne
Largest movements
- Deferred charges and accrued income -€228,604
no longer reported in 2025 (was €228,604)
- Tangible fixed assets -€84,603
down €84,603 (-46.9%), from €180,435 to €95,832
of which Leasing and similar rights: -€67,800
- Trade debts -€319,351
down €319,351 (-55.8%), from €572,739 to €253,388
- Profit (loss) carried forward -€42,252
down €42,252 (-31.6%), from -€133,837 to -€176,089
- Accrued charges and deferred income +€33,663
up €33,663 (+114%), from €29,545 to €63,207
- Other debts +€9,020
up €9,020 (+3.0%), from €302,761 to €311,782
- Gross operating margin -€60,766
down €60,766 (-56.4%), from €107,701 to €46,936
- Depreciation -€6,815
down €6,815 (-19.7%), from €34,618 to €27,803
- Financial charges +€1,202
up €1,202 (+36.1%), from €3,333 to €4,535
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 | €855,524 | €539,549 | -€315,974 | -36.9% |
| Fixed assets | 21/28 | €180,435 | €95,832 | -€84,603 | -46.9% |
| Tangible fixed assets | 22/27 | €180,435 | €95,832 | -€84,603 | -46.9% |
| Plant, machinery and equipment | 23 | €79,635 | €62,832 | -€16,803 | -21.1% |
| Leasing and similar rights | 25 | €100,800 | €33,000 | -€67,800 | -67.3% |
| Current assets | 29/58 | €675,089 | €443,717 | -€231,372 | -34.3% |
| Stocks and contracts in progress | 3 | €5,243 | €5,243 | = | 0.0% |
| Stocks | 30/36 | €5,243 | €5,243 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €430,297 | €425,210 | -€5,088 | -1.2% |
| Trade receivables | 40 | €392,252 | €387,164 | -€5,088 | -1.3% |
| Other amounts receivable | 41 | €38,046 | €38,046 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,944 | €13,264 | +€2,320 | +21.2% |
| Deferred charges and accrued income | 490/1 | €228,604 | - | -€228,604 | |
| Total equity and liabilities | 10/49 | €855,524 | €539,549 | -€315,974 | -36.9% |
| Equity | 10/15 | -€125,777 | -€168,029 | -€42,252 | -33.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | -€133,837 | -€176,089 | -€42,252 | -31.6% |
| Amounts payable | 17/49 | €981,300 | €707,578 | -€273,722 | -27.9% |
| Amounts payable after more than one year | 17 | €33,928 | €33,928 | = | 0.0% |
| Financial debts | 170/4 | €33,928 | €33,928 | = | 0.0% |
| Amounts payable within one year | 42/48 | €917,828 | €610,443 | -€307,385 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €12,464 | €12,464 | = | 0.0% |
| Trade debts | 44 | €572,739 | €253,388 | -€319,351 | -55.8% |
| Suppliers | 440/4 | €572,739 | €253,388 | -€319,351 | -55.8% |
| Taxes, remuneration and social security | 45 | €29,864 | €32,810 | +€2,946 | +9.9% |
| Taxes | 450/3 | €29,864 | €32,810 | +€2,946 | +9.9% |
| Other amounts payable | 47/48 | €302,761 | €311,782 | +€9,020 | +3.0% |
| Accrued charges and deferred income | 492/3 | €29,545 | €63,207 | +€33,663 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,618 | €27,803 | -€6,815 | -19.7% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | €107,701 | €46,936 | -€60,766 | -56.4% |
| Operating profit (loss) | 9901 | €73,083 | €19,083 | -€54,000 | -73.9% |
| Financial charges | 65/66B | €3,333 | €4,535 | +€1,202 | +36.1% |
| Recurring financial charges | 65 | €3,333 | €4,535 | +€1,202 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €69,751 | €14,548 | -€55,203 | -79.1% |
| Profit (loss) for the period | 9904 | €69,751 | €14,548 | -€55,203 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,751 | €14,548 | -€55,203 | -79.1% |
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 24 October 2026 via checked.be.