T & T: what changed
Two fiscal 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 & T
Largest movements
- Cash -€236,361
down €236,361 (-99.9%), from €236,703 to €342
mainly Contributions, distributions and other (-€1.2m) and Current portion of long-term debt (-€771,429)
- Other debts +€850,000
new in 2025: €850,000
- Current portion of long-term debt -€771,429
down €771,429 (-100.0%), from €771,429 to €0
- Reserves -€263,930
down €263,930 (-4.8%), from €5.5m to €5.2m
- Debts after one year -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Tax, wage and social debts +€149,975
up €149,975 (+8240.1%), from €1,820 to €151,795
- Financial income -€20,000
down €20,000 (-2.1%), from €950,000 to €930,000
- Gross operating margin +€1,514
up €1,514 (+5.5%), from €27,484 to €28,997
- Taxes +€1,065
up €1,065 (+111.2%), from €958 to €2,023
- Financial charges -€835
down €835 (-4.1%), from €20,444 to €19,608
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.
Cash bridge derived
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 | €6,452,207 | €6,217,880 | -€234,328 | -3.6% |
| Fixed assets | 21/28 | €6,200,000 | €6,200,000 | = | 0.0% |
| Financial fixed assets | 28 | €6,200,000 | €6,200,000 | = | 0.0% |
| Current assets | 29/58 | €252,207 | €17,880 | -€234,328 | -92.9% |
| Amounts receivable within one year | 40/41 | €10,932 | €11,909 | +€977 | +8.9% |
| Trade receivables | 40 | €10,890 | €8,890 | -€2,000 | -18.4% |
| Other amounts receivable | 41 | €42 | €3,019 | +€2,977 | +7104.4% |
| Cash at bank and in hand | 54/58 | €236,703 | €342 | -€236,361 | -99.9% |
| Deferred charges and accrued income | 490/1 | €4,573 | €5,629 | +€1,056 | +23.1% |
| Total equity and liabilities | 10/49 | €6,452,207 | €6,217,880 | -€234,328 | -3.6% |
| Equity | 10/15 | €5,478,959 | €5,215,029 | -€263,930 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,460,359 | €5,196,429 | -€263,930 | -4.8% |
| Distributable reserves | 133 | €5,460,359 | €5,196,429 | -€263,930 | -4.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €973,249 | €1,002,851 | +€29,602 | +3.0% |
| Amounts payable after more than one year | 17 | €200,000 | €0 | -€200,000 | -100.0% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100.0% |
| Amounts payable within one year | 42/48 | €773,249 | €1,002,851 | +€229,602 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €771,429 | €0 | -€771,429 | -100.0% |
| Trade debts | 44 | €0 | €1,056 | +€1,056 | |
| Suppliers | 440/4 | €0 | €1,056 | +€1,056 | |
| Taxes, remuneration and social security | 45 | €1,820 | €151,795 | +€149,975 | +8240.1% |
| Taxes | 450/3 | €1,820 | €151,795 | +€149,975 | +8240.1% |
| Other amounts payable | 47/48 | - | €850,000 | +€850,000 | |
| Other operating charges | 640/8 | €1,261 | €1,296 | +€36 | +2.8% |
| Gross operating margin | 9900 | €27,484 | €28,997 | +€1,514 | +5.5% |
| Operating profit (loss) | 9901 | €26,223 | €27,701 | +€1,478 | +5.6% |
| Financial income | 75/76B | €950,000 | €930,000 | -€20,000 | -2.1% |
| Recurring financial income | 75 | €950,000 | €930,000 | -€20,000 | -2.1% |
| Financial charges | 65/66B | €20,444 | €19,608 | -€835 | -4.1% |
| Recurring financial charges | 65 | €20,444 | €19,608 | -€835 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €955,780 | €938,093 | -€17,687 | -1.9% |
| Income taxes | 67/77 | €958 | €2,023 | +€1,065 | +111.2% |
| Profit (loss) for the period | 9904 | €954,822 | €936,070 | -€18,752 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €954,822 | €936,070 | -€18,752 | -2.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.