T.E.S. FAMENNE: 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.S. FAMENNE
Largest movements
- Cash -€46,818
down €46,818 (-25.0%), from €187,319 to €140,501
mainly Net result for the year (-€43,886) and Tax, wage and social debts (-€26,821)
- Receivables within one year -€45,411
down €45,411 (-19.7%), from €230,610 to €185,199
of which Trade receivables: -€55,844
- Stocks and contracts +€25,175
up €25,175 (+12.2%), from €206,272 to €231,447
- Profit (loss) carried forward -€43,886
down €43,886 (-39.1%), from €112,172 to €68,287
- Tax, wage and social debts -€26,821
down €26,821 (-54.8%), from €48,951 to €22,129
of which Taxes: -€26,002
- Other debts -€16,000
down €16,000 (-49.3%), from €32,448 to €16,448
- Trade debts +€8,340
up €8,340 (+2.6%), from €315,463 to €323,803
- Gross operating margin -€71,548
down €71,548 (-41.8%), from €171,210 to €99,662
- Staff costs +€14,479
up €14,479 (+14.1%), from €102,910 to €117,389
- Taxes -€10,026
down €10,026 (-95.5%), from €10,494 to €469
- Depreciation -€8,191
down €8,191 (-32.5%), from €25,204 to €17,013
- Financial charges -€6,870
down €6,870 (-50.8%), from €13,524 to €6,654
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 | €675,894 | €599,928 | -€75,967 | -11.2% |
| Fixed assets | 21/28 | €51,693 | €42,780 | -€8,913 | -17.2% |
| Intangible fixed assets | 21 | €16,225 | €12,078 | -€4,147 | -25.6% |
| Tangible fixed assets | 22/27 | €35,310 | €30,544 | -€4,766 | -13.5% |
| Furniture and vehicles | 24 | €12,306 | €8,318 | -€3,988 | -32.4% |
| Other tangible fixed assets | 26 | €23,004 | €22,226 | -€778 | -3.4% |
| Financial fixed assets | 28 | €158 | €158 | = | 0.0% |
| Current assets | 29/58 | €624,201 | €557,147 | -€67,054 | -10.7% |
| Stocks and contracts in progress | 3 | €206,272 | €231,447 | +€25,175 | +12.2% |
| Stocks | 30/36 | €206,272 | €231,447 | +€25,175 | +12.2% |
| Amounts receivable within one year | 40/41 | €230,610 | €185,199 | -€45,411 | -19.7% |
| Trade receivables | 40 | €227,698 | €171,854 | -€55,844 | -24.5% |
| Other amounts receivable | 41 | €2,912 | €13,345 | +€10,433 | +358% |
| Cash at bank and in hand | 54/58 | €187,319 | €140,501 | -€46,818 | -25.0% |
| Total equity and liabilities | 10/49 | €675,894 | €599,928 | -€75,967 | -11.2% |
| Equity | 10/15 | €154,032 | €110,147 | -€43,886 | -28.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,260 | €23,260 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,400 | €21,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €112,172 | €68,287 | -€43,886 | -39.1% |
| Amounts payable | 17/49 | €521,862 | €489,781 | -€32,081 | -6.1% |
| Amounts payable within one year | 42/48 | €521,862 | €487,381 | -€34,481 | -6.6% |
| Financial debts | 43 | €125,000 | €125,000 | = | 0.0% |
| Credit institutions | 430/8 | €125,000 | €125,000 | = | 0.0% |
| Trade debts | 44 | €315,463 | €323,803 | +€8,340 | +2.6% |
| Suppliers | 440/4 | €315,463 | €323,803 | +€8,340 | +2.6% |
| Taxes, remuneration and social security | 45 | €48,951 | €22,129 | -€26,821 | -54.8% |
| Taxes | 450/3 | €26,456 | €454 | -€26,002 | -98.3% |
| Remuneration and social security | 454/9 | €22,495 | €21,675 | -€820 | -3.6% |
| Other amounts payable | 47/48 | €32,448 | €16,448 | -€16,000 | -49.3% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Remuneration, social security and pensions | 62 | €102,910 | €117,389 | +€14,479 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,204 | €17,013 | -€8,191 | -32.5% |
| Other operating charges | 640/8 | €2,333 | €1,514 | -€818 | -35.1% |
| Non-recurring operating charges | 66A | €11,635 | €1,158 | -€10,477 | -90.0% |
| Gross operating margin | 9900 | €171,210 | €99,662 | -€71,548 | -41.8% |
| Operating profit (loss) | 9901 | €29,128 | -€37,412 | -€66,540 | |
| Financial income | 75/76B | €1,155 | €649 | -€507 | -43.9% |
| Recurring financial income | 75 | €1,155 | €649 | -€507 | -43.9% |
| Financial charges | 65/66B | €13,524 | €6,654 | -€6,870 | -50.8% |
| Recurring financial charges | 65 | €13,524 | €6,654 | -€6,870 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €16,759 | -€43,417 | -€60,177 | |
| Income taxes | 67/77 | €10,494 | €469 | -€10,026 | -95.5% |
| Profit (loss) for the period | 9904 | €6,265 | -€43,886 | -€50,151 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,265 | -€43,886 | -€50,151 |
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 25 October 2026 via checked.be.