T.D.E.: 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.D.E.
Largest movements
- Tangible fixed assets -€7,092
down €7,092 (-32.6%), from €21,721 to €14,629
- Receivables within one year -€2,076
down €2,076 (-14.4%), from €14,461 to €12,385
of which Trade receivables: -€2,766
- Cash +€1,494
up €1,494 (+48.7%), from €3,068 to €4,562
mainly Debts after one year (+€19,326) and Depreciation (+€10,562)
- Deferred charges and accrued income +€661
up €661 (+30.9%), from €2,143 to €2,804
- Debts after one year +€19,326
up €19,326 (+52.2%), from €37,018 to €56,343
- Profit (loss) carried forward -€13,573
down €13,573 (-34.5%), from -€39,287 to -€52,860
- Other debts -€12,139
down €12,139 (-100.0%), from €12,139 to €0
- Trade debts -€2,735
down €2,735 (-35.1%), from €7,784 to €5,048
- Tax, wage and social debts +€1,206
up €1,206 (+146.2%), from €825 to €2,031
of which Remuneration and social security: +€1,365
- Gross operating margin +€42,540
up €42,540, from -€21,527 to €21,014
- Staff costs +€18,793
up €18,793 (+461.0%), from €4,077 to €22,870
- Other operating charges -€516
down €516 (-40.0%), from €1,290 to €774
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 | €41,392 | €34,380 | -€7,012 | -16.9% |
| Fixed assets | 21/28 | €21,721 | €14,629 | -€7,092 | -32.6% |
| Tangible fixed assets | 22/27 | €21,721 | €14,629 | -€7,092 | -32.6% |
| Plant, machinery and equipment | 23 | €9,343 | €5,959 | -€3,383 | -36.2% |
| Furniture and vehicles | 24 | €5,193 | €4,200 | -€994 | -19.1% |
| Leasing and similar rights | 25 | €7,185 | €4,470 | -€2,715 | -37.8% |
| Current assets | 29/58 | €19,671 | €19,751 | +€80 | +0.4% |
| Amounts receivable within one year | 40/41 | €14,461 | €12,385 | -€2,076 | -14.4% |
| Trade receivables | 40 | €13,480 | €10,714 | -€2,766 | -20.5% |
| Other amounts receivable | 41 | €981 | €1,672 | +€690 | +70.4% |
| Cash at bank and in hand | 54/58 | €3,068 | €4,562 | +€1,494 | +48.7% |
| Deferred charges and accrued income | 490/1 | €2,143 | €2,804 | +€661 | +30.9% |
| Total equity and liabilities | 10/49 | €41,392 | €34,380 | -€7,012 | -16.9% |
| Equity | 10/15 | -€19,287 | -€32,860 | -€13,573 | -70.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,287 | -€52,860 | -€13,573 | -34.5% |
| Amounts payable | 17/49 | €60,679 | €67,240 | +€6,561 | +10.8% |
| Amounts payable after more than one year | 17 | €37,018 | €56,343 | +€19,326 | +52.2% |
| Financial debts | 170/4 | €37,018 | €56,343 | +€19,326 | +52.2% |
| Amounts payable within one year | 42/48 | €23,371 | €10,896 | -€12,475 | -53.4% |
| Current portion of amounts payable after more than one year | 42 | €2,623 | €3,817 | +€1,194 | +45.5% |
| Trade debts | 44 | €7,784 | €5,048 | -€2,735 | -35.1% |
| Suppliers | 440/4 | €7,784 | €5,048 | -€2,735 | -35.1% |
| Taxes, remuneration and social security | 45 | €825 | €2,031 | +€1,206 | +146.2% |
| Taxes | 450/3 | €496 | €337 | -€159 | -32.1% |
| Remuneration and social security | 454/9 | €329 | €1,694 | +€1,365 | +415.2% |
| Other amounts payable | 47/48 | €12,139 | €0 | -€12,139 | -100.0% |
| Accrued charges and deferred income | 492/3 | €291 | €0 | -€291 | -100.0% |
| Remuneration, social security and pensions | 62 | €4,077 | €22,870 | +€18,793 | +461.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,605 | €10,562 | -€43 | -0.4% |
| Other operating charges | 640/8 | €1,290 | €774 | -€516 | -40.0% |
| Gross operating margin | 9900 | -€21,527 | €21,014 | +€42,540 | |
| Operating profit (loss) | 9901 | -€37,499 | -€13,193 | +€24,306 | +64.8% |
| Financial income | 75/76B | €0 | €22 | +€22 | |
| Recurring financial income | 75 | €0 | €22 | +€22 | |
| Financial charges | 65/66B | €361 | €402 | +€41 | +11.5% |
| Recurring financial charges | 65 | €361 | €402 | +€41 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,859 | -€13,573 | +€24,286 | +64.1% |
| Profit (loss) for the period | 9904 | -€37,859 | -€13,573 | +€24,286 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,859 | -€13,573 | +€24,286 | +64.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.