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T'EBBEGAT: 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.

What changed

T'EBBEGAT

BE 0875.384.517
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€5,912
2024 · -€9,764+€3,852
Equity
-€142,864
2024 · -€136,952-€5,912
Cash
€5,152
2024 · €3,219+€1,933
Balance sheet total
€255,975
2024 · €260,924-€4,949

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€6,882

    down €6,882 (-2.7%), from €257,705 to €250,823

    of which Land and buildings: -€10,675

Equity and liabilities
  • Profit (loss) carried forward -€5,912

    down €5,912 (-2.5%), from -€236,952 to -€242,864

Income statement
  • Turnover +€5,304

    up €5,304 (+70.6%), from €7,517 to €12,821

  • Gross operating margin +€4,853

    up €4,853 (+124%), from €3,922 to €8,775

  • Purchases and services +€4,046

    new in 2025: €4,046

  • Other operating charges +€565

    up €565 (+19.7%), from €2,873 to €3,438

  • Depreciation +€430

    up €430 (+4.0%), from €10,755 to €11,185

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€9,764
Gross operating margin +€4,853
Depreciation -€430
Other operating charges -€565
Financial charges -€6
Result 2025 -€5,912
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€6,236
Investment -€4,303
Financing €0
Cash 2024 €3,219
Net result for the year -€5,912
Depreciation +€11,185
Other debts +€963
Investment in fixed assets (net) -€4,303
Cash 2025 €5,152
brings cash intakes cash out
Every line side by side 26 lines
Line Code 2024 2025 Change %
Total assets 20/58 €260,924 €255,975 -€4,949 -1.9%
Fixed assets 21/28 €257,705 €250,823 -€6,882 -2.7%
Tangible fixed assets 22/27 €257,705 €250,823 -€6,882 -2.7%
Land and buildings 22 €257,147 €246,472 -€10,675 -4.2%
Plant, machinery and equipment 23 €209 €4,052 +€3,843 +1,839%
Furniture and vehicles 24 €349 €299 -€50 -14.3%
Current assets 29/58 €3,219 €5,152 +€1,933 +60.0%
Cash at bank and in hand 54/58 €3,219 €5,152 +€1,933 +60.0%
Total equity and liabilities 10/49 €260,924 €255,975 -€4,949 -1.9%
Equity 10/15 -€136,952 -€142,864 -€5,912 -4.3%
Contributions 10/11 €100,000 €100,000 = 0.0%
Profit (loss) carried forward 14 -€236,952 -€242,864 -€5,912 -2.5%
Amounts payable 17/49 €397,876 €398,839 +€963 +0.2%
Amounts payable within one year 42/48 €397,876 €398,839 +€963 +0.2%
Other amounts payable 47/48 €397,876 €398,839 +€963 +0.2%
Turnover 70 €7,517 €12,821 +€5,304 +70.6%
Goods, raw materials, services and sundry goods 60/61 - €4,046 +€4,046
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,755 €11,185 +€430 +4.0%
Other operating charges 640/8 €2,873 €3,438 +€565 +19.7%
Gross operating margin 9900 €3,922 €8,775 +€4,853 +124%
Operating profit (loss) 9901 -€9,706 -€5,848 +€3,858 +39.7%
Financial charges 65/66B €58 €64 +€6 +10.3%
Recurring financial charges 65 €58 €64 +€6 +10.3%
Profit (loss) for the period before taxes 9903 -€9,764 -€5,912 +€3,852 +39.5%
Profit (loss) for the period 9904 -€9,764 -€5,912 +€3,852 +39.5%
Profit (loss) for the period to be appropriated 9905 -€9,764 -€5,912 +€3,852 +39.5%

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 31 October 2026 via checked.be.