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T.B.: what changed

Two fiscal 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.

What changed

T.B.

BE 0879.791.285
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,915
2024 · €5,955-€7,870
Equity
-€18,885
2024 · -€16,970-€1,915
Cash
-
not filed
Balance sheet total
€3,958
2024 · €1,418+€2,540

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€3,064

    up €3,064 (+889.9%), from €344 to €3,409

    of which Other amounts receivable: +€2,254

  • Deferred charges and accrued income -€524

    down €524 (-50.0%), from €1,049 to €525

Equity and liabilities
  • Trade debts +€5,015

    up €5,015 (+480.4%), from €1,044 to €6,059

  • Profit (loss) carried forward -€1,915

    down €1,915 (-5.4%), from -€35,520 to -€37,435

  • Short-term financial debts +€1,295

    up €1,295 (+18.8%), from €6,883 to €8,178

  • Other debts -€1,081

    down €1,081 (-22.7%), from €4,770 to €3,690

  • Tax, wage and social debts -€775

    down €775 (-13.6%), from €5,691 to €4,917

Income statement
  • Gross operating margin -€7,656

    down €7,656 (-68.5%), from €11,169 to €3,513

  • Taxes -€903

    down €903 (-31.0%), from €2,910 to €2,007

  • Other operating charges +€691

    up €691 (+76.9%), from €899 to €1,590

  • Financial charges +€426

    up €426 (+30.3%), from €1,405 to €1,831

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €5,955
Gross operating margin -€7,656
Other operating charges -€691
Financial charges -€426
Taxes +€903
Result 2025 -€1,915

Cash bridge derived

cash 2024 to 2025

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,418 €3,958 +€2,540 +179.1%
Fixed assets 21/28 €25 €25 = 0.0%
Financial fixed assets 28 €25 €25 = 0.0%
Current assets 29/58 €1,393 €3,933 +€2,540 +182.3%
Amounts receivable within one year 40/41 €344 €3,409 +€3,064 +889.9%
Trade receivables 40 - €810 +€810
Other amounts receivable 41 €344 €2,598 +€2,254 +654.7%
Deferred charges and accrued income 490/1 €1,049 €525 -€524 -50.0%
Total equity and liabilities 10/49 €1,418 €3,958 +€2,540 +179.1%
Equity 10/15 -€16,970 -€18,885 -€1,915 -11.3%
Contributions 10/11 €18,550 €18,550 = 0.0%
Profit (loss) carried forward 14 -€35,520 -€37,435 -€1,915 -5.4%
Amounts payable 17/49 €18,389 €22,844 +€4,455 +24.2%
Amounts payable within one year 42/48 €18,389 €22,844 +€4,455 +24.2%
Financial debts 43 €6,883 €8,178 +€1,295 +18.8%
Other loans 439 €6,883 €8,178 +€1,295 +18.8%
Trade debts 44 €1,044 €6,059 +€5,015 +480.4%
Suppliers 440/4 €1,044 €6,059 +€5,015 +480.4%
Taxes, remuneration and social security 45 €5,691 €4,917 -€775 -13.6%
Taxes 450/3 €5,691 €4,917 -€775 -13.6%
Other amounts payable 47/48 €4,770 €3,690 -€1,081 -22.7%
Other operating charges 640/8 €899 €1,590 +€691 +76.9%
Gross operating margin 9900 €11,169 €3,513 -€7,656 -68.5%
Operating profit (loss) 9901 €10,270 €1,923 -€8,347 -81.3%
Financial charges 65/66B €1,405 €1,831 +€426 +30.3%
Recurring financial charges 65 €1,405 €1,831 +€426 +30.3%
Profit (loss) for the period before taxes 9903 €8,865 €92 -€8,773 -99.0%
Income taxes 67/77 €2,910 €2,007 -€903 -31.0%
Profit (loss) for the period 9904 €5,955 -€1,915 -€7,870
Profit (loss) for the period to be appropriated 9905 €5,955 -€1,915 -€7,870

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.