T BUSINESS: 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 BUSINESS
Largest movements
- Tangible fixed assets -€6,262
down €6,262 (-21.4%), from €29,317 to €23,055
- Receivables within one year +€5,749
up €5,749 (+14.0%), from €40,985 to €46,734
of which Other amounts receivable: +€5,749
- Cash -€4,841
down €4,841 (-35.9%), from €13,493 to €8,652
mainly Receivables within one year (-€5,749) and Trade debts (-€5,396)
- Deferred charges and accrued income +€1,494
up €1,494 (+170%), from €878 to €2,373
- Trade debts -€5,396
down €5,396 (-37.3%), from €14,469 to €9,074
- Profit (loss) carried forward +€1,719
up €1,719 (+4.4%), from €39,148 to €40,868
- Gross operating margin +€23,056
up €23,056 (+33.1%), from €69,696 to €92,753
- Staff costs +€22,877
up €22,877 (+43.8%), from €52,206 to €75,083
- Other operating charges +€5,961
up €5,961 (+836%), from €713 to €6,674
- Depreciation -€2,902
down €2,902 (-31.7%), from €9,165 to €6,262
- Taxes +€1,142
up €1,142 (+69.4%), from €1,645 to €2,787
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 | €85,237 | €81,377 | -€3,860 | -4.5% |
| Fixed assets | 21/28 | €29,880 | €23,617 | -€6,262 | -21.0% |
| Tangible fixed assets | 22/27 | €29,317 | €23,055 | -€6,262 | -21.4% |
| Furniture and vehicles | 24 | €29,317 | €23,055 | -€6,262 | -21.4% |
| Financial fixed assets | 28 | €562 | €562 | = | 0.0% |
| Current assets | 29/58 | €55,357 | €57,760 | +€2,403 | +4.3% |
| Amounts receivable within one year | 40/41 | €40,985 | €46,734 | +€5,749 | +14.0% |
| Trade receivables | 40 | €4,887 | €4,887 | = | 0.0% |
| Other amounts receivable | 41 | €36,099 | €41,848 | +€5,749 | +15.9% |
| Cash at bank and in hand | 54/58 | €13,493 | €8,652 | -€4,841 | -35.9% |
| Deferred charges and accrued income | 490/1 | €878 | €2,373 | +€1,494 | +170% |
| Total equity and liabilities | 10/49 | €85,237 | €81,377 | -€3,860 | -4.5% |
| Equity | 10/15 | €63,938 | €65,657 | +€1,719 | +2.7% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,148 | €40,868 | +€1,719 | +4.4% |
| Amounts payable | 17/49 | €21,299 | €15,720 | -€5,579 | -26.2% |
| Amounts payable within one year | 42/48 | €21,299 | €15,720 | -€5,579 | -26.2% |
| Trade debts | 44 | €14,469 | €9,074 | -€5,396 | -37.3% |
| Suppliers | 440/4 | €14,469 | €9,074 | -€5,396 | -37.3% |
| Taxes, remuneration and social security | 45 | €6,830 | €6,647 | -€184 | -2.7% |
| Taxes | 450/3 | €4,318 | €6,208 | +€1,890 | +43.8% |
| Remuneration and social security | 454/9 | €2,512 | €438 | -€2,074 | -82.6% |
| Remuneration, social security and pensions | 62 | €52,206 | €75,083 | +€22,877 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,165 | €6,262 | -€2,902 | -31.7% |
| Other operating charges | 640/8 | €713 | €6,674 | +€5,961 | +836% |
| Gross operating margin | 9900 | €69,696 | €92,753 | +€23,056 | +33.1% |
| Operating profit (loss) | 9901 | €7,612 | €4,734 | -€2,879 | -37.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €580 | €227 | -€353 | -60.9% |
| Recurring financial charges | 65 | €580 | €227 | -€353 | -60.9% |
| Profit (loss) for the period before taxes | 9903 | €7,033 | €4,507 | -€2,526 | -35.9% |
| Income taxes | 67/77 | €1,645 | €2,787 | +€1,142 | +69.4% |
| Profit (loss) for the period | 9904 | €5,387 | €1,719 | -€3,668 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,387 | €1,719 | -€3,668 | -68.1% |
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 26 October 2026 via checked.be.