T. GESTION: 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. GESTION
Largest movements
- Tangible fixed assets -€488,416
down €488,416 (-98.7%), from €494,866 to €6,450
of which Land and buildings: -€484,000
- Receivables within one year +€310,571
up €310,571 (+1,513%), from €20,525 to €331,096
of which Other amounts receivable: +€306,925
- Debts after one year -€227,499
down €227,499 (-100%), from €227,499 to €0
- Reserves +€146,000
up €146,000 (+7,849%), from €1,860 to €147,860
of which Distributable reserves: +€146,000
- Other debts -€74,231
down €74,231 (-92.5%), from €80,231 to €6,000
- Current portion of long-term debt -€43,333
down €43,333 (-100%), from €43,333 to €0
- Tax, wage and social debts +€20,116
up €20,116 (+593%), from €3,392 to €23,508
of which Taxes: +€20,116
- Gross operating margin +€169,905
up €169,905 (+216%), from €78,837 to €248,742
- Taxes +€69,144
up €69,144 (+933%), from €7,414 to €76,558
- Depreciation -€24,177
down €24,177 (-84.6%), from €28,593 to €4,416
- Financial charges -€5,477
down €5,477 (-30.3%), from €18,095 to €12,618
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 | €544,289 | €368,349 | -€175,940 | -32.3% |
| Fixed assets | 21/28 | €494,866 | €6,450 | -€488,416 | -98.7% |
| Tangible fixed assets | 22/27 | €494,866 | €6,450 | -€488,416 | -98.7% |
| Land and buildings | 22 | €484,000 | €0 | -€484,000 | -100% |
| Plant, machinery and equipment | 23 | €6,879 | €4,369 | -€2,511 | -36.5% |
| Furniture and vehicles | 24 | €3,987 | €2,082 | -€1,905 | -47.8% |
| Current assets | 29/58 | €49,423 | €361,899 | +€312,476 | +632% |
| Amounts receivable within one year | 40/41 | €20,525 | €331,096 | +€310,571 | +1,513% |
| Trade receivables | 40 | €17,450 | €21,096 | +€3,646 | +20.9% |
| Other amounts receivable | 41 | €3,075 | €310,000 | +€306,925 | +9,983% |
| Cash at bank and in hand | 54/58 | €28,143 | €30,404 | +€2,262 | +8.0% |
| Deferred charges and accrued income | 490/1 | €755 | €398 | -€357 | -47.3% |
| Total equity and liabilities | 10/49 | €544,289 | €368,349 | -€175,940 | -32.3% |
| Equity | 10/15 | €171,716 | €320,419 | +€148,702 | +86.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €147,860 | +€146,000 | +7,849% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €146,000 | +€146,000 | |
| Profit (loss) carried forward | 14 | €151,256 | €153,959 | +€2,702 | +1.8% |
| Amounts payable | 17/49 | €372,573 | €47,930 | -€324,642 | -87.1% |
| Amounts payable after more than one year | 17 | €227,499 | €0 | -€227,499 | -100% |
| Financial debts | 170/4 | €227,499 | €0 | -€227,499 | -100% |
| Amounts payable within one year | 42/48 | €145,074 | €47,930 | -€97,144 | -67.0% |
| Current portion of amounts payable after more than one year | 42 | €43,333 | €0 | -€43,333 | -100% |
| Trade debts | 44 | €18,118 | €18,422 | +€304 | +1.7% |
| Suppliers | 440/4 | €18,118 | €18,422 | +€304 | +1.7% |
| Taxes, remuneration and social security | 45 | €3,392 | €23,508 | +€20,116 | +593% |
| Taxes | 450/3 | €3,392 | €23,508 | +€20,116 | +593% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €80,231 | €6,000 | -€74,231 | -92.5% |
| Remuneration, social security and pensions | 62 | €420 | - | -€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,593 | €4,416 | -€24,177 | -84.6% |
| Other operating charges | 640/8 | €6,701 | €6,447 | -€253 | -3.8% |
| Gross operating margin | 9900 | €78,837 | €248,742 | +€169,905 | +216% |
| Operating profit (loss) | 9901 | €43,124 | €237,878 | +€194,754 | +452% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €18,095 | €12,618 | -€5,477 | -30.3% |
| Recurring financial charges | 65 | €18,095 | €12,618 | -€5,477 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €25,033 | €225,260 | +€200,227 | +800% |
| Income taxes | 67/77 | €7,414 | €76,558 | +€69,144 | +933% |
| Profit (loss) for the period | 9904 | €17,619 | €148,702 | +€131,084 | +744% |
| Profit (loss) for the period to be appropriated | 9905 | €17,619 | €148,702 | +€131,084 | +744% |
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 29 October 2026 via checked.be.