T.B. gin: 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.
T.B. gin
Largest movements
- Cash -€30,120
down €30,120 (-61.3%), from €49,145 to €19,025
mainly Debts after one year (-€40,365) and Investment in fixed assets (net) (-€8,828)
- Tangible fixed assets -€5,610
down €5,610 (-2.4%), from €235,814 to €230,204
of which Land and buildings: -€12,500
- Debts after one year -€40,365
down €40,365 (-17.1%), from €236,670 to €196,305
- Profit (loss) carried forward +€3,730
up €3,730 (+4.7%), from -€79,306 to -€75,576
- Gross operating margin -€10,992
down €10,992 (-23.7%), from €46,314 to €35,322
- Depreciation -€4,381
down €4,381 (-23.3%), from €18,819 to €14,438
- Financial charges -€1,737
down €1,737 (-19.1%), from €9,074 to €7,338
- Taxes +€791
up €791 (+22.7%), from €3,480 to €4,272
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.
Cash bridge derived
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 | €285,302 | €250,419 | -€34,884 | -12.2% |
| Fixed assets | 21/28 | €235,814 | €230,204 | -€5,610 | -2.4% |
| Tangible fixed assets | 22/27 | €235,814 | €230,204 | -€5,610 | -2.4% |
| Land and buildings | 22 | €233,708 | €221,208 | -€12,500 | -5.3% |
| Furniture and vehicles | 24 | €2,106 | €786 | -€1,319 | -62.7% |
| Other tangible fixed assets | 26 | - | €8,209 | +€8,209 | |
| Current assets | 29/58 | €49,489 | €20,215 | -€29,273 | -59.2% |
| Amounts receivable within one year | 40/41 | - | €827 | +€827 | |
| Other amounts receivable | 41 | - | €827 | +€827 | |
| Cash at bank and in hand | 54/58 | €49,145 | €19,025 | -€30,120 | -61.3% |
| Deferred charges and accrued income | 490/1 | €344 | €364 | +€20 | +5.8% |
| Total equity and liabilities | 10/49 | €285,302 | €250,419 | -€34,884 | -12.2% |
| Equity | 10/15 | -€71,246 | -€67,516 | +€3,730 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,306 | -€75,576 | +€3,730 | +4.7% |
| Amounts payable | 17/49 | €356,549 | €317,935 | -€38,613 | -10.8% |
| Amounts payable after more than one year | 17 | €236,670 | €196,305 | -€40,365 | -17.1% |
| Financial debts | 170/4 | €236,670 | €196,305 | -€40,365 | -17.1% |
| Amounts payable within one year | 42/48 | €119,550 | €121,368 | +€1,817 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €40,399 | €41,722 | +€1,322 | +3.3% |
| Financial debts | 43 | €0 | €93 | +€93 | |
| Credit institutions | 430/8 | €0 | €93 | +€93 | |
| Trade debts | 44 | €778 | €1,049 | +€271 | +34.8% |
| Suppliers | 440/4 | €778 | €1,049 | +€271 | +34.8% |
| Taxes, remuneration and social security | 45 | €4,325 | €4,121 | -€205 | -4.7% |
| Taxes | 450/3 | €4,325 | €4,121 | -€205 | -4.7% |
| Other amounts payable | 47/48 | €74,047 | €74,383 | +€336 | +0.5% |
| Accrued charges and deferred income | 492/3 | €328 | €263 | -€65 | -19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,819 | €14,438 | -€4,381 | -23.3% |
| Other operating charges | 640/8 | €6,198 | €5,898 | -€300 | -4.8% |
| Non-recurring operating charges | 66A | €91,507 | €0 | -€91,507 | -100.0% |
| Gross operating margin | 9900 | €46,314 | €35,322 | -€10,992 | -23.7% |
| Operating profit (loss) | 9901 | -€70,210 | €14,985 | +€85,195 | |
| Financial income | 75/76B | €517 | €354 | -€163 | -31.5% |
| Recurring financial income | 75 | €517 | €354 | -€163 | -31.5% |
| Financial charges | 65/66B | €9,074 | €7,338 | -€1,737 | -19.1% |
| Recurring financial charges | 65 | €9,074 | €7,338 | -€1,737 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€78,767 | €8,001 | +€86,769 | |
| Income taxes | 67/77 | €3,480 | €4,272 | +€791 | +22.7% |
| Profit (loss) for the period | 9904 | -€82,248 | €3,730 | +€85,977 | |
| Profit (loss) for the period to be appropriated | 9905 | -€82,248 | €3,730 | +€85,977 |
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 10 October 2026 via checked.be.