T-SANTE: 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-SANTE
Largest movements
- Cash +€42,264
up €42,264 (+145%), from €29,058 to €71,323
mainly Net result for the year (+€33,579) and Investment in fixed assets (net) (+€3,889)
- Tangible fixed assets -€5,656
down €5,656 (-61.5%), from €9,189 to €3,533
- Profit (loss) carried forward +€33,579
up €33,579 (+110%), from €30,482 to €64,061
- Trade debts +€2,167
up €2,167 (+1,526%), from €142 to €2,309
- Tax, wage and social debts +€965
up €965 (+11.3%), from €8,512 to €9,477
- Gross operating margin +€6,276
up €6,276 (+15.5%), from €40,494 to €46,770
- Taxes +€965
up €965 (+11.3%), from €8,512 to €9,476
- Depreciation +€656
up €656 (+59.0%), from €1,111 to €1,767
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 | €46,037 | €82,269 | +€36,232 | +78.7% |
| Fixed assets | 21/28 | €9,189 | €3,533 | -€5,656 | -61.5% |
| Tangible fixed assets | 22/27 | €9,189 | €3,533 | -€5,656 | -61.5% |
| Furniture and vehicles | 24 | €9,189 | €3,533 | -€5,656 | -61.5% |
| Current assets | 29/58 | €36,849 | €78,736 | +€41,887 | +114% |
| Cash at bank and in hand | 54/58 | €29,058 | €71,323 | +€42,264 | +145% |
| Deferred charges and accrued income | 490/1 | €7,790 | €7,413 | -€377 | -4.8% |
| Total equity and liabilities | 10/49 | €46,037 | €82,269 | +€36,232 | +78.7% |
| Equity | 10/15 | €33,482 | €67,061 | +€33,579 | +100% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,482 | €64,061 | +€33,579 | +110% |
| Amounts payable | 17/49 | €12,555 | €15,208 | +€2,653 | +21.1% |
| Amounts payable within one year | 42/48 | €12,555 | €15,208 | +€2,653 | +21.1% |
| Trade debts | 44 | €142 | €2,309 | +€2,167 | +1,526% |
| Suppliers | 440/4 | €142 | €2,309 | +€2,167 | +1,526% |
| Taxes, remuneration and social security | 45 | €8,512 | €9,477 | +€965 | +11.3% |
| Taxes | 450/3 | €8,512 | €9,477 | +€965 | +11.3% |
| Other amounts payable | 47/48 | €3,902 | €3,422 | -€479 | -12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,111 | €1,767 | +€656 | +59.0% |
| Other operating charges | 640/8 | €389 | €630 | +€241 | +61.9% |
| Non-recurring operating charges | 66A | - | €889 | +€889 | |
| Gross operating margin | 9900 | €40,494 | €46,770 | +€6,276 | +15.5% |
| Operating profit (loss) | 9901 | €38,994 | €43,484 | +€4,490 | +11.5% |
| Financial charges | 65/66B | - | €429 | +€429 | |
| Recurring financial charges | 65 | - | €429 | +€429 | |
| Profit (loss) for the period before taxes | 9903 | €38,994 | €43,055 | +€4,062 | +10.4% |
| Income taxes | 67/77 | €8,512 | €9,476 | +€965 | +11.3% |
| Profit (loss) for the period | 9904 | €30,482 | €33,579 | +€3,097 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,482 | €33,579 | +€3,097 | +10.2% |
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 25 October 2026 via checked.be.