T.L.C.: 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.L.C.
Largest movements
- Receivables within one year -€12,945
down €12,945 (-91.4%), from €14,170 to €1,225
of which Other amounts receivable: -€10,631
- Tangible fixed assets -€7,360
down €7,360 (-76.1%), from €9,667 to €2,308
of which Furniture and vehicles: -€5,932
- Cash -€5,433
down €5,433 (-14.3%), from €37,970 to €32,537
mainly Contributions, distributions and other (-€13,874) and Tax, wage and social debts (-€8,423)
- Stocks and contracts +€4,218
up €4,218 (+25.8%), from €16,353 to €20,570
- Tax, wage and social debts -€8,423
down €8,423 (-93.5%), from €9,006 to €583
of which Taxes: -€8,423
- Contributions -€7,000
down €7,000 (-37.6%), from €18,600 to €11,600
- Reserves -€6,261
down €6,261 (-12.7%), from €49,336 to €43,075
- Other debts +€2,766
up €2,766 (+782%), from €354 to €3,120
- Trade debts -€1,678
down €1,678 (-73.7%), from €2,277 to €598
- Gross operating margin -€20,786
down €20,786 (-58.4%), from €35,586 to €14,800
- Taxes -€7,692
down €7,692 (-92.7%), from €8,295 to €603
- Other operating charges +€2,671
up €2,671 (+74.6%), from €3,580 to €6,252
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 | €80,782 | €58,977 | -€21,805 | -27.0% |
| Fixed assets | 21/28 | €9,866 | €2,308 | -€7,558 | -76.6% |
| Tangible fixed assets | 22/27 | €9,667 | €2,308 | -€7,360 | -76.1% |
| Plant, machinery and equipment | 23 | €1,428 | €0 | -€1,428 | -100% |
| Furniture and vehicles | 24 | €8,240 | €2,308 | -€5,932 | -72.0% |
| Financial fixed assets | 28 | €198 | €0 | -€198 | -100% |
| Current assets | 29/58 | €70,916 | €56,669 | -€14,247 | -20.1% |
| Stocks and contracts in progress | 3 | €16,353 | €20,570 | +€4,218 | +25.8% |
| Stocks | 30/36 | €16,353 | €20,570 | +€4,218 | +25.8% |
| Amounts receivable within one year | 40/41 | €14,170 | €1,225 | -€12,945 | -91.4% |
| Trade receivables | 40 | €2,314 | €0 | -€2,314 | -100% |
| Other amounts receivable | 41 | €11,856 | €1,225 | -€10,631 | -89.7% |
| Cash at bank and in hand | 54/58 | €37,970 | €32,537 | -€5,433 | -14.3% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,337 | -€86 | -3.5% |
| Total equity and liabilities | 10/49 | €80,782 | €58,977 | -€21,805 | -27.0% |
| Equity | 10/15 | €67,936 | €54,675 | -€13,261 | -19.5% |
| Contributions | 10/11 | €18,600 | €11,600 | -€7,000 | -37.6% |
| Reserves | 13 | €49,336 | €43,075 | -€6,261 | -12.7% |
| Distributable reserves | 133 | €49,336 | €43,075 | -€6,261 | -12.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,845 | €4,302 | -€8,544 | -66.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €12,845 | €4,302 | -€8,544 | -66.5% |
| Current portion of amounts payable after more than one year | 42 | €1,209 | €0 | -€1,209 | -100% |
| Trade debts | 44 | €2,277 | €598 | -€1,678 | -73.7% |
| Suppliers | 440/4 | €2,277 | €598 | -€1,678 | -73.7% |
| Taxes, remuneration and social security | 45 | €9,006 | €583 | -€8,423 | -93.5% |
| Taxes | 450/3 | €9,006 | €583 | -€8,423 | -93.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €354 | €3,120 | +€2,766 | +782% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,471 | €7,360 | -€111 | -1.5% |
| Other operating charges | 640/8 | €3,580 | €6,252 | +€2,671 | +74.6% |
| Gross operating margin | 9900 | €35,586 | €14,800 | -€20,786 | -58.4% |
| Operating profit (loss) | 9901 | €24,535 | €1,189 | -€23,346 | -95.2% |
| Financial income | 75/76B | €26 | €67 | +€41 | +156% |
| Recurring financial income | 75 | €26 | €67 | +€41 | +156% |
| Financial charges | 65/66B | €43 | €40 | -€3 | -7.6% |
| Recurring financial charges | 65 | €43 | €40 | -€3 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €24,518 | €1,216 | -€23,302 | -95.0% |
| Income taxes | 67/77 | €8,295 | €603 | -€7,692 | -92.7% |
| Profit (loss) for the period | 9904 | €16,223 | €613 | -€15,610 | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,223 | €613 | -€15,610 | -96.2% |
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 16 October 2026 via checked.be.