T.C. & B.O.: 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.C. & B.O.
Largest movements
- Cash -€9,643
down €9,643 (-42.1%), from €22,884 to €13,241
mainly Current investments (-€8,896) and Tax, wage and social debts (-€4,373)
- Current investments +€8,896
up €8,896 (+39.3%), from €22,659 to €31,555
- Profit (loss) carried forward +€9,073
new in 2025: €9,073
- Reserves -€6,056
down €6,056 (-17.9%), from €33,782 to €27,726
- Tax, wage and social debts -€4,373
down €4,373 (-62.2%), from €7,035 to €2,662
- Other debts +€912
new in 2025: €912
- Gross operating margin -€10,264
down €10,264 (-63.3%), from €16,225 to €5,961
- Taxes -€4,547
down €4,547 (-76.6%), from €5,938 to €1,391
- Financial charges +€925
up €925 (+259%), from €357 to €1,282
- Financial income -€171
down €171 (-57.0%), from €300 to €129
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 | €47,178 | €46,688 | -€490 | -1.0% |
| Current assets | 29/58 | €47,178 | €46,688 | -€490 | -1.0% |
| Amounts receivable within one year | 40/41 | €1,635 | €1,892 | +€257 | +15.7% |
| Trade receivables | 40 | €1,604 | €1,892 | +€288 | +18.0% |
| Other amounts receivable | 41 | €31 | - | -€31 | |
| Current investments | 50/53 | €22,659 | €31,555 | +€8,896 | +39.3% |
| Cash at bank and in hand | 54/58 | €22,884 | €13,241 | -€9,643 | -42.1% |
| Total equity and liabilities | 10/49 | €47,178 | €46,688 | -€490 | -1.0% |
| Equity | 10/15 | €39,982 | €42,999 | +€3,017 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,782 | €27,726 | -€6,056 | -17.9% |
| Distributable reserves | 133 | €33,782 | €27,726 | -€6,056 | -17.9% |
| Profit (loss) carried forward | 14 | - | €9,073 | +€9,073 | |
| Amounts payable | 17/49 | €7,196 | €3,689 | -€3,507 | -48.7% |
| Amounts payable within one year | 42/48 | €7,196 | €3,689 | -€3,507 | -48.7% |
| Trade debts | 44 | €161 | €115 | -€46 | -28.6% |
| Suppliers | 440/4 | €161 | €115 | -€46 | -28.6% |
| Taxes, remuneration and social security | 45 | €7,035 | €2,662 | -€4,373 | -62.2% |
| Taxes | 450/3 | €7,035 | €2,662 | -€4,373 | -62.2% |
| Other amounts payable | 47/48 | - | €912 | +€912 | |
| Other operating charges | 640/8 | €337 | €400 | +€63 | +18.7% |
| Gross operating margin | 9900 | €16,225 | €5,961 | -€10,264 | -63.3% |
| Operating profit (loss) | 9901 | €15,888 | €5,561 | -€10,327 | -65.0% |
| Financial income | 75/76B | €300 | €129 | -€171 | -57.0% |
| Recurring financial income | 75 | €300 | €129 | -€171 | -57.0% |
| Financial charges | 65/66B | €357 | €1,282 | +€925 | +259% |
| Recurring financial charges | 65 | €357 | €1,282 | +€925 | +259% |
| Profit (loss) for the period before taxes | 9903 | €15,831 | €4,408 | -€11,423 | -72.2% |
| Income taxes | 67/77 | €5,938 | €1,391 | -€4,547 | -76.6% |
| Profit (loss) for the period | 9904 | €9,893 | €3,017 | -€6,876 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,893 | €3,017 | -€6,876 | -69.5% |
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 14 October 2026 via checked.be.