T-EVENT: 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-EVENT
Largest movements
- Receivables within one year +€75,901
up €75,901 (+137%), from €55,377 to €131,279
of which Trade receivables: +€99,302
- Cash +€38,955
up €38,955 (+51.7%), from €75,356 to €114,312
mainly Net result for the year (+€92,865) and Stocks and contracts (+€34,658)
- Stocks and contracts -€34,658
down €34,658 (-18.6%), from €185,843 to €151,185
- Financial fixed assets +€18,940
up €18,940 (+253%), from €7,500 to €26,440
- Deferred charges and accrued income +€15,612
up €15,612 (+262%), from €5,956 to €21,568
- Reserves +€92,865
up €92,865 (+31.5%), from €294,551 to €387,415
- Tax, wage and social debts +€13,189
up €13,189 (+42.7%), from €30,876 to €44,064
of which Taxes: +€10,597
- Gross operating margin +€141,401
up €141,401 (+677%), from €20,877 to €162,277
- Taxes +€32,999
up €32,999 (+312%), from €10,562 to €43,561
- Financial income -€23,268
down €23,268 (-61.8%), from €37,659 to €14,390
- Staff costs +€19,733
up €19,733 (+395%), from €4,998 to €24,730
- Other operating charges -€5,208
down €5,208 (-96.6%), from €5,393 to €186
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 | €476,308 | €584,547 | +€108,238 | +22.7% |
| Fixed assets | 21/28 | €23,775 | €36,204 | +€12,428 | +52.3% |
| Intangible fixed assets | 21 | €4,667 | €2,987 | -€1,680 | -36.0% |
| Tangible fixed assets | 22/27 | €11,608 | €6,776 | -€4,832 | -41.6% |
| Plant, machinery and equipment | 23 | €3,062 | €2,662 | -€400 | -13.1% |
| Furniture and vehicles | 24 | €8,546 | €4,114 | -€4,432 | -51.9% |
| Financial fixed assets | 28 | €7,500 | €26,440 | +€18,940 | +253% |
| Current assets | 29/58 | €452,533 | €548,343 | +€95,810 | +21.2% |
| Amounts receivable after more than one year | 29 | €130,000 | €130,000 | = | 0.0% |
| Trade receivables | 290 | - | €130,000 | +€130,000 | |
| Other amounts receivable | 291 | €130,000 | - | -€130,000 | |
| Stocks and contracts in progress | 3 | €185,843 | €151,185 | -€34,658 | -18.6% |
| Stocks | 30/36 | €185,843 | €151,185 | -€34,658 | -18.6% |
| Amounts receivable within one year | 40/41 | €55,377 | €131,279 | +€75,901 | +137% |
| Trade receivables | 40 | €27,539 | €126,841 | +€99,302 | +361% |
| Other amounts receivable | 41 | €27,838 | €4,438 | -€23,401 | -84.1% |
| Cash at bank and in hand | 54/58 | €75,356 | €114,312 | +€38,955 | +51.7% |
| Deferred charges and accrued income | 490/1 | €5,956 | €21,568 | +€15,612 | +262% |
| Total equity and liabilities | 10/49 | €476,308 | €584,547 | +€108,238 | +22.7% |
| Equity | 10/15 | €313,151 | €406,015 | +€92,865 | +29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €294,551 | €387,415 | +€92,865 | +31.5% |
| Distributable reserves | 133 | €294,551 | €387,415 | +€92,865 | +31.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €163,158 | €178,532 | +€15,374 | +9.4% |
| Amounts payable within one year | 42/48 | €163,158 | €178,532 | +€15,374 | +9.4% |
| Financial debts | 43 | €130,000 | €130,000 | = | 0.0% |
| Credit institutions | 430/8 | €130,000 | €130,000 | = | 0.0% |
| Trade debts | 44 | €1,881 | €3,526 | +€1,645 | +87.4% |
| Suppliers | 440/4 | €1,881 | €3,526 | +€1,645 | +87.4% |
| Taxes, remuneration and social security | 45 | €30,876 | €44,064 | +€13,189 | +42.7% |
| Taxes | 450/3 | €30,876 | €41,473 | +€10,597 | +34.3% |
| Remuneration and social security | 454/9 | - | €2,592 | +€2,592 | |
| Other amounts payable | 47/48 | €401 | €942 | +€540 | +135% |
| Remuneration, social security and pensions | 62 | €4,998 | €24,730 | +€19,733 | +395% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,308 | €6,512 | +€1,203 | +22.7% |
| Other operating charges | 640/8 | €5,393 | €186 | -€5,208 | -96.6% |
| Gross operating margin | 9900 | €20,877 | €162,277 | +€141,401 | +677% |
| Operating profit (loss) | 9901 | €5,177 | €130,849 | +€125,672 | +2,427% |
| Financial income | 75/76B | €37,659 | €14,390 | -€23,268 | -61.8% |
| Recurring financial income | 75 | €37,659 | €14,390 | -€23,268 | -61.8% |
| Financial charges | 65/66B | €9,598 | €8,814 | -€784 | -8.2% |
| Recurring financial charges | 65 | €9,598 | €8,814 | -€784 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €33,238 | €136,425 | +€103,187 | +310% |
| Income taxes | 67/77 | €10,562 | €43,561 | +€32,999 | +312% |
| Profit (loss) for the period | 9904 | €22,676 | €92,865 | +€70,189 | +310% |
| Profit (loss) for the period to be appropriated | 9905 | €22,676 | €92,865 | +€70,189 | +310% |
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 20 October 2026 via checked.be.