T&E Solutions: what changed
Two fiscal 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 Solutions
Largest movements
- Tangible fixed assets +€40,230
up €40,230 (+2700.2%), from €1,490 to €41,720
of which Other tangible fixed assets: +€41,050
- Receivables within one year +€25,582
up €25,582 (+22.6%), from €113,347 to €138,929
of which Other amounts receivable: +€27,334
- Cash +€4,385
up €4,385 (+3.6%), from €122,320 to €126,705
mainly Net result for the year (+€51,978) and Tax, wage and social debts (+€16,823)
- Profit (loss) carried forward +€51,978
up €51,978 (+30.0%), from €173,310 to €225,288
- Tax, wage and social debts +€16,823
up €16,823 (+28.5%), from €58,999 to €75,822
of which Taxes: +€13,599
- Gross operating margin -€71,432
down €71,432 (-28.7%), from €248,815 to €177,383
- Taxes -€13,410
down €13,410 (-48.6%), from €27,615 to €14,205
- Staff costs -€6,542
down €6,542 (-5.5%), from €117,947 to €111,405
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 | €244,767 | €313,241 | +€68,473 | +28.0% |
| Fixed assets | 21/28 | €6,951 | €47,181 | +€40,230 | +578.8% |
| Tangible fixed assets | 22/27 | €1,490 | €41,720 | +€40,230 | +2700.2% |
| Furniture and vehicles | 24 | €1,490 | €671 | -€819 | -55.0% |
| Other tangible fixed assets | 26 | - | €41,050 | +€41,050 | |
| Financial fixed assets | 28 | €5,461 | €5,461 | = | 0.0% |
| Current assets | 29/58 | €237,816 | €266,059 | +€28,243 | +11.9% |
| Amounts receivable within one year | 40/41 | €113,347 | €138,929 | +€25,582 | +22.6% |
| Trade receivables | 40 | €5,703 | €3,951 | -€1,752 | -30.7% |
| Other amounts receivable | 41 | €107,644 | €134,978 | +€27,334 | +25.4% |
| Cash at bank and in hand | 54/58 | €122,320 | €126,705 | +€4,385 | +3.6% |
| Deferred charges and accrued income | 490/1 | €2,149 | €425 | -€1,724 | -80.2% |
| Total equity and liabilities | 10/49 | €244,767 | €313,241 | +€68,473 | +28.0% |
| Equity | 10/15 | €176,310 | €228,288 | +€51,978 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,310 | €225,288 | +€51,978 | +30.0% |
| Amounts payable | 17/49 | €68,457 | €84,952 | +€16,495 | +24.1% |
| Amounts payable within one year | 42/48 | €68,081 | €84,952 | +€16,872 | +24.8% |
| Trade debts | 44 | €9,081 | €9,130 | +€49 | +0.5% |
| Suppliers | 440/4 | €9,081 | €9,130 | +€49 | +0.5% |
| Taxes, remuneration and social security | 45 | €58,999 | €75,822 | +€16,823 | +28.5% |
| Taxes | 450/3 | €37,567 | €51,165 | +€13,599 | +36.2% |
| Remuneration and social security | 454/9 | €21,433 | €24,657 | +€3,224 | +15.0% |
| Accrued charges and deferred income | 492/3 | €376 | €0 | -€376 | -100.0% |
| Remuneration, social security and pensions | 62 | €117,947 | €111,405 | -€6,542 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €819 | €1,752 | +€933 | +113.9% |
| Other operating charges | 640/8 | €2,445 | €2,191 | -€254 | -10.4% |
| Gross operating margin | 9900 | €248,815 | €177,383 | -€71,432 | -28.7% |
| Operating profit (loss) | 9901 | €127,604 | €62,035 | -€65,569 | -51.4% |
| Financial income | 75/76B | €7,393 | €7,291 | -€101 | -1.4% |
| Recurring financial income | 75 | €7,393 | €7,291 | -€101 | -1.4% |
| Financial charges | 65/66B | €5,408 | €3,144 | -€2,264 | -41.9% |
| Recurring financial charges | 65 | €5,408 | €3,144 | -€2,264 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €129,589 | €66,183 | -€63,406 | -48.9% |
| Income taxes | 67/77 | €27,615 | €14,205 | -€13,410 | -48.6% |
| Profit (loss) for the period | 9904 | €101,974 | €51,978 | -€49,996 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,974 | €51,978 | -€49,996 | -49.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.