T.S. Concepts: 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.S. Concepts
Largest movements
- Current investments +€49,875
up €49,875 (+200%), from €25,000 to €74,875
- Cash -€11,793
down €11,793 (-19.0%), from €62,196 to €50,403
mainly Current investments (-€49,875) and Other debts (-€603)
- Reserves +€33,197
up €33,197 (+37.3%), from €88,963 to €122,160
- Tax, wage and social debts +€4,043
up €4,043 (+205%), from €1,968 to €6,011
- Financial income +€848
up €848 (+65.4%), from €1,297 to €2,145
- Gross operating margin +€563
up €563 (+1.3%), from €42,754 to €43,316
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 | €304,873 | €342,378 | +€37,505 | +12.3% |
| Fixed assets | 21/28 | €200,105 | €200,401 | +€296 | +0.1% |
| Tangible fixed assets | 22/27 | €105 | €401 | +€296 | +282% |
| Furniture and vehicles | 24 | €105 | €401 | +€296 | +282% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €104,768 | €141,977 | +€37,209 | +35.5% |
| Amounts receivable within one year | 40/41 | €15,873 | €15,831 | -€41 | -0.3% |
| Trade receivables | 40 | €14,520 | €14,520 | = | 0.0% |
| Other amounts receivable | 41 | €1,353 | €1,311 | -€41 | -3.1% |
| Current investments | 50/53 | €25,000 | €74,875 | +€49,875 | +200% |
| Cash at bank and in hand | 54/58 | €62,196 | €50,403 | -€11,793 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,699 | €867 | -€832 | -49.0% |
| Total equity and liabilities | 10/49 | €304,873 | €342,378 | +€37,505 | +12.3% |
| Equity | 10/15 | €293,963 | €327,160 | +€33,197 | +11.3% |
| Contributions | 10/11 | €205,000 | €205,000 | = | 0.0% |
| Reserves | 13 | €88,963 | €122,160 | +€33,197 | +37.3% |
| Distributable reserves | 133 | €88,963 | €122,160 | +€33,197 | +37.3% |
| Amounts payable | 17/49 | €10,910 | €15,218 | +€4,308 | +39.5% |
| Amounts payable within one year | 42/48 | €3,851 | €8,160 | +€4,308 | +112% |
| Trade debts | 44 | €604 | €1,473 | +€868 | +144% |
| Suppliers | 440/4 | €604 | €1,473 | +€868 | +144% |
| Taxes, remuneration and social security | 45 | €1,968 | €6,011 | +€4,043 | +205% |
| Taxes | 450/3 | €1,968 | €6,011 | +€4,043 | +205% |
| Other amounts payable | 47/48 | €1,279 | €676 | -€603 | -47.2% |
| Accrued charges and deferred income | 492/3 | €7,059 | €7,059 | = | 0.0% |
| Non-recurring operating income | 76A | - | €8,265 | +€8,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295 | €128 | -€167 | -56.7% |
| Other operating charges | 640/8 | €287 | €687 | +€400 | +139% |
| Gross operating margin | 9900 | €42,754 | €43,316 | +€563 | +1.3% |
| Operating profit (loss) | 9901 | €42,172 | €42,502 | +€330 | +0.8% |
| Financial income | 75/76B | €1,297 | €2,145 | +€848 | +65.4% |
| Recurring financial income | 75 | €1,297 | €2,145 | +€848 | +65.4% |
| Financial charges | 65/66B | €1,874 | €1,989 | +€115 | +6.1% |
| Recurring financial charges | 65 | €1,874 | €1,989 | +€115 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €41,594 | €42,657 | +€1,064 | +2.6% |
| Income taxes | 67/77 | €9,240 | €9,461 | +€221 | +2.4% |
| Profit (loss) for the period | 9904 | €32,354 | €33,197 | +€843 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,354 | €33,197 | +€843 | +2.6% |
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 15 October 2026 via checked.be.