T.E.B.A: 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.E.B.A
Largest movements
- Deferred charges and accrued income +€11,346
up €11,346 (+29.6%), from €38,378 to €49,724
- Tangible fixed assets +€10,980
up €10,980 (+34.9%), from €31,487 to €42,467
of which Furniture and vehicles: +€11,224
- Receivables within one year +€6,930
up €6,930 (+11.8%), from €58,914 to €65,844
of which Other amounts receivable: +€12,813
- Cash +€6,560
up €6,560 (+92.8%), from €7,070 to €13,630
mainly Net result for the year (+€32,679) and Tax, wage and social debts (+€15,997)
- Profit (loss) carried forward +€32,679
up €32,679 (+9,201%), from €355 to €33,034
- Tax, wage and social debts +€15,997
up €15,997 (+275%), from €5,811 to €21,808
- Debts after one year -€9,782
down €9,782 (-53.9%), from €18,135 to €8,353
- Trade debts -€8,077
down €8,077 (-9.8%), from €82,321 to €74,244
- Current portion of long-term debt +€5,000
up €5,000 (+51.1%), from €9,782 to €14,782
- Gross operating margin +€33,018
up €33,018 (+143%), from €23,058 to €56,077
- Depreciation +€8,239
up €8,239 (+261%), from €3,155 to €11,394
- Taxes +€5,675
up €5,675 (+135%), from €4,212 to €9,886
- Financial income +€747
up €747 (+401%), from €187 to €934
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 | €135,848 | €171,665 | +€35,817 | +26.4% |
| Fixed assets | 21/28 | €31,487 | €42,467 | +€10,980 | +34.9% |
| Tangible fixed assets | 22/27 | €31,487 | €42,467 | +€10,980 | +34.9% |
| Plant, machinery and equipment | 23 | €1,194 | €951 | -€243 | -20.4% |
| Furniture and vehicles | 24 | €30,293 | €41,517 | +€11,224 | +37.1% |
| Current assets | 29/58 | €104,361 | €129,198 | +€24,837 | +23.8% |
| Amounts receivable within one year | 40/41 | €58,914 | €65,844 | +€6,930 | +11.8% |
| Trade receivables | 40 | €34,850 | €28,967 | -€5,882 | -16.9% |
| Other amounts receivable | 41 | €24,064 | €36,877 | +€12,813 | +53.2% |
| Cash at bank and in hand | 54/58 | €7,070 | €13,630 | +€6,560 | +92.8% |
| Deferred charges and accrued income | 490/1 | €38,378 | €49,724 | +€11,346 | +29.6% |
| Total equity and liabilities | 10/49 | €135,848 | €171,665 | +€35,817 | +26.4% |
| Equity | 10/15 | €19,798 | €52,478 | +€32,679 | +165% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,243 | €13,243 | = | 0.0% |
| Distributable reserves | 133 | €13,243 | €13,243 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355 | €33,034 | +€32,679 | +9,201% |
| Amounts payable | 17/49 | €116,050 | €119,187 | +€3,138 | +2.7% |
| Amounts payable after more than one year | 17 | €18,135 | €8,353 | -€9,782 | -53.9% |
| Financial debts | 170/4 | €18,135 | €8,353 | -€9,782 | -53.9% |
| Amounts payable within one year | 42/48 | €97,914 | €110,834 | +€12,919 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €9,782 | €14,782 | +€5,000 | +51.1% |
| Trade debts | 44 | €82,321 | €74,244 | -€8,077 | -9.8% |
| Suppliers | 440/4 | €82,321 | €74,244 | -€8,077 | -9.8% |
| Taxes, remuneration and social security | 45 | €5,811 | €21,808 | +€15,997 | +275% |
| Taxes | 450/3 | €5,811 | €21,808 | +€15,997 | +275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,155 | €11,394 | +€8,239 | +261% |
| Other operating charges | 640/8 | €2,007 | €2,070 | +€63 | +3.1% |
| Gross operating margin | 9900 | €23,058 | €56,077 | +€33,018 | +143% |
| Operating profit (loss) | 9901 | €17,897 | €42,613 | +€24,717 | +138% |
| Financial income | 75/76B | €187 | €934 | +€747 | +401% |
| Recurring financial income | 75 | €187 | €934 | +€747 | +401% |
| Financial charges | 65/66B | €628 | €982 | +€353 | +56.3% |
| Recurring financial charges | 65 | €628 | €982 | +€353 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €17,455 | €42,565 | +€25,111 | +144% |
| Income taxes | 67/77 | €4,212 | €9,886 | +€5,675 | +135% |
| Profit (loss) for the period | 9904 | €13,243 | €32,679 | +€19,436 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €13,243 | €32,679 | +€19,436 | +147% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.