T-SIGN: 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-SIGN
Largest movements
- Current investments +€23,028
new in 2025: €23,028
- Cash -€20,638
down €20,638 (-80.3%), from €25,688 to €5,050
mainly Current investments (-€23,028) and Other debts (-€9,384)
- Receivables within one year -€7,350
down €7,350 (-92.3%), from €7,962 to €612
of which Other amounts receivable: -€7,350
- Deferred charges and accrued income +€2,002
new in 2025: €2,002
- Other debts -€9,384
down €9,384 (-98.5%), from €9,526 to €142
- Debts after one year -€7,617
down €7,617 (-49.3%), from €15,453 to €7,836
- Profit (loss) carried forward +€6,192
up €6,192 (+29.3%), from -€21,131 to -€14,940
- Tax, wage and social debts +€4,206
up €4,206 (+110%), from €3,826 to €8,032
- Trade debts +€3,414
new in 2025: €3,414
- Gross operating margin -€3,649
down €3,649 (-27.9%), from €13,096 to €9,446
- Taxes +€1,455
up €1,455 (+1,137%), from €128 to €1,583
- Other operating charges +€348
up €348 (+49.3%), from €707 to €1,056
- Financial charges -€203
down €203 (-24.8%), from €819 to €616
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 | €33,650 | €30,692 | -€2,958 | -8.8% |
| Current assets | 29/58 | €33,650 | €30,692 | -€2,958 | -8.8% |
| Amounts receivable within one year | 40/41 | €7,962 | €612 | -€7,350 | -92.3% |
| Trade receivables | 40 | €590 | €590 | = | 0.0% |
| Other amounts receivable | 41 | €7,372 | €22 | -€7,350 | -99.7% |
| Current investments | 50/53 | - | €23,028 | +€23,028 | |
| Cash at bank and in hand | 54/58 | €25,688 | €5,050 | -€20,638 | -80.3% |
| Deferred charges and accrued income | 490/1 | - | €2,002 | +€2,002 | |
| Total equity and liabilities | 10/49 | €33,650 | €30,692 | -€2,958 | -8.8% |
| Equity | 10/15 | -€2,531 | €3,660 | +€6,192 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,131 | -€14,940 | +€6,192 | +29.3% |
| Amounts payable | 17/49 | €36,181 | €27,031 | -€9,150 | -25.3% |
| Amounts payable after more than one year | 17 | €15,453 | €7,836 | -€7,617 | -49.3% |
| Financial debts | 170/4 | €15,453 | €7,836 | -€7,617 | -49.3% |
| Amounts payable within one year | 42/48 | €20,728 | €19,195 | -€1,532 | -7.4% |
| Current portion of amounts payable after more than one year | 42 | €7,376 | €7,607 | +€232 | +3.1% |
| Trade debts | 44 | - | €3,414 | +€3,414 | |
| Suppliers | 440/4 | - | €3,414 | +€3,414 | |
| Taxes, remuneration and social security | 45 | €3,826 | €8,032 | +€4,206 | +110% |
| Taxes | 450/3 | €3,826 | €8,032 | +€4,206 | +110% |
| Other amounts payable | 47/48 | €9,526 | €142 | -€9,384 | -98.5% |
| Non-recurring operating income | 76A | €20,844 | €0 | -€20,844 | -100% |
| Other operating charges | 640/8 | €707 | €1,056 | +€348 | +49.3% |
| Gross operating margin | 9900 | €13,096 | €9,446 | -€3,649 | -27.9% |
| Operating profit (loss) | 9901 | €12,389 | €8,391 | -€3,998 | -32.3% |
| Financial charges | 65/66B | €819 | €616 | -€203 | -24.8% |
| Recurring financial charges | 65 | €819 | €616 | -€203 | -24.8% |
| Profit (loss) for the period before taxes | 9903 | €11,570 | €7,775 | -€3,795 | -32.8% |
| Income taxes | 67/77 | €128 | €1,583 | +€1,455 | +1,137% |
| Profit (loss) for the period | 9904 | €11,442 | €6,192 | -€5,250 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,442 | €6,192 | -€5,250 | -45.9% |
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.