T & I LABEL: 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 & I LABEL
Largest movements
- Cash +€34,789
up €34,789 (+59.7%), from €58,244 to €93,034
mainly Receivables within one year (+€23,995) and Stocks and contracts (+€17,637)
- Receivables within one year -€23,995
down €23,995 (-28.5%), from €84,190 to €60,195
of which Trade receivables: -€21,973
- Stocks and contracts -€17,637
no longer reported in 2025 (was €17,637)
- Tangible fixed assets -€3,925
down €3,925 (-35.9%), from €10,930 to €7,005
of which Furniture and vehicles: -€2,185
- Tax, wage and social debts -€12,393
down €12,393 (-59.9%), from €20,682 to €8,289
of which Taxes: -€12,863
- Trade debts +€3,107
up €3,107 (+6.6%), from €47,078 to €50,185
- Debts after one year -€1,913
down €1,913 (-30.8%), from €6,216 to €4,303
- Gross operating margin +€1,543
up €1,543 (+5.1%), from €30,069 to €31,612
- Staff costs +€810
up €810 (+3.4%), from €23,658 to €24,468
- Write-downs +€588
new in 2025: €588
- Depreciation +€397
up €397 (+11.2%), from €3,528 to €3,925
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 | €175,766 | €164,786 | -€10,980 | -6.2% |
| Fixed assets | 21/28 | €13,635 | €9,710 | -€3,925 | -28.8% |
| Tangible fixed assets | 22/27 | €10,930 | €7,005 | -€3,925 | -35.9% |
| Plant, machinery and equipment | 23 | €7,359 | €5,619 | -€1,740 | -23.6% |
| Furniture and vehicles | 24 | €3,570 | €1,385 | -€2,185 | -61.2% |
| Financial fixed assets | 28 | €2,705 | €2,705 | = | 0.0% |
| Current assets | 29/58 | €162,132 | €155,077 | -€7,055 | -4.4% |
| Stocks and contracts in progress | 3 | €17,637 | - | -€17,637 | |
| Contracts in progress | 37 | €17,637 | - | -€17,637 | |
| Amounts receivable within one year | 40/41 | €84,190 | €60,195 | -€23,995 | -28.5% |
| Trade receivables | 40 | €81,872 | €59,899 | -€21,973 | -26.8% |
| Other amounts receivable | 41 | €2,318 | €296 | -€2,022 | -87.2% |
| Cash at bank and in hand | 54/58 | €58,244 | €93,034 | +€34,789 | +59.7% |
| Deferred charges and accrued income | 490/1 | €2,060 | €1,848 | -€212 | -10.3% |
| Total equity and liabilities | 10/49 | €175,766 | €164,786 | -€10,980 | -6.2% |
| Equity | 10/15 | €99,878 | €100,096 | +€218 | +0.2% |
| Contributions | 10/11 | €82,500 | €82,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,378 | €17,596 | +€218 | +1.3% |
| Amounts payable | 17/49 | €75,889 | €64,690 | -€11,198 | -14.8% |
| Amounts payable after more than one year | 17 | €6,216 | €4,303 | -€1,913 | -30.8% |
| Financial debts | 170/4 | €6,216 | €4,303 | -€1,913 | -30.8% |
| Amounts payable within one year | 42/48 | €69,673 | €60,387 | -€9,286 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €1,913 | €1,913 | = | 0.0% |
| Trade debts | 44 | €47,078 | €50,185 | +€3,107 | +6.6% |
| Suppliers | 440/4 | €47,078 | €50,185 | +€3,107 | +6.6% |
| Taxes, remuneration and social security | 45 | €20,682 | €8,289 | -€12,393 | -59.9% |
| Taxes | 450/3 | €14,871 | €2,008 | -€12,863 | -86.5% |
| Remuneration and social security | 454/9 | €5,811 | €6,281 | +€471 | +8.1% |
| Remuneration, social security and pensions | 62 | €23,658 | €24,468 | +€810 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,528 | €3,925 | +€397 | +11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €588 | +€588 | |
| Other operating charges | 640/8 | €2,044 | €2,103 | +€59 | +2.9% |
| Gross operating margin | 9900 | €30,069 | €31,612 | +€1,543 | +5.1% |
| Operating profit (loss) | 9901 | €838 | €529 | -€310 | -37.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Financial charges | 65/66B | €591 | €310 | -€280 | -47.5% |
| Recurring financial charges | 65 | €591 | €310 | -€280 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €248 | €218 | -€30 | -12.0% |
| Profit (loss) for the period | 9904 | €248 | €218 | -€30 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €248 | €218 | -€30 | -12.0% |
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 27 October 2026 via checked.be.