T.T. GENT: 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.T. GENT
Largest movements
- Receivables within one year -€226,096
down €226,096 (-93.3%), from €242,423 to €16,327
of which Other amounts receivable: -€201,096
- Tangible fixed assets +€8,573
up €8,573 (+23.6%), from €36,365 to €44,938
of which Furniture and vehicles: +€9,139
- Other debts -€216,916
down €216,916 (-67.1%), from €323,407 to €106,491
- Debts after one year -€9,537
down €9,537 (-46.3%), from €20,618 to €11,081
- Profit (loss) carried forward +€6,592
up €6,592 (+4.8%), from -€136,810 to -€130,218
- Gross operating margin +€22,671
up €22,671 (+61.3%), from €37,004 to €59,675
- Purchases and services +€19,080
up €19,080 (+17.6%), from €108,388 to €127,468
- Turnover +€17,099
up €17,099 (+13.5%), from €126,321 to €143,420
- Other operating charges +€8,223
up €8,223 (+35.5%), from €23,180 to €31,403
- Financial income -€7,569
down €7,569 (-60.1%), from €12,588 to €5,019
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 | €280,397 | €62,951 | -€217,446 | -77.5% |
| Fixed assets | 21/28 | €36,865 | €45,438 | +€8,573 | +23.3% |
| Tangible fixed assets | 22/27 | €36,365 | €44,938 | +€8,573 | +23.6% |
| Plant, machinery and equipment | 23 | €1,024 | €458 | -€566 | -55.3% |
| Furniture and vehicles | 24 | €35,341 | €44,480 | +€9,139 | +25.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €243,532 | €17,512 | -€226,020 | -92.8% |
| Amounts receivable within one year | 40/41 | €242,423 | €16,327 | -€226,096 | -93.3% |
| Trade receivables | 40 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 41 | €217,423 | €16,327 | -€201,096 | -92.5% |
| Cash at bank and in hand | 54/58 | €1,109 | €1,185 | +€76 | +6.9% |
| Total equity and liabilities | 10/49 | €280,397 | €62,951 | -€217,446 | -77.5% |
| Equity | 10/15 | -€90,021 | -€83,429 | +€6,592 | +7.3% |
| Contributions | 10/11 | €43,381 | €43,381 | = | 0.0% |
| Reserves | 13 | €3,408 | €3,408 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €3,408 | - | -€3,408 | |
| Reserves not available under the articles | 1311 | €3,408 | - | -€3,408 | |
| Distributable reserves | 133 | - | €3,408 | +€3,408 | |
| Profit (loss) carried forward | 14 | -€136,810 | -€130,218 | +€6,592 | +4.8% |
| Amounts payable | 17/49 | €370,418 | €146,379 | -€224,039 | -60.5% |
| Amounts payable after more than one year | 17 | €20,618 | €11,081 | -€9,537 | -46.3% |
| Financial debts | 170/4 | €20,618 | €11,081 | -€9,537 | -46.3% |
| Amounts payable within one year | 42/48 | €347,800 | €131,298 | -€216,502 | -62.2% |
| Current portion of amounts payable after more than one year | 42 | €16,673 | €16,511 | -€162 | -1.0% |
| Trade debts | 44 | €7,720 | €8,295 | +€575 | +7.5% |
| Suppliers | 440/4 | €7,720 | €8,295 | +€575 | +7.5% |
| Other amounts payable | 47/48 | €323,407 | €106,491 | -€216,916 | -67.1% |
| Accrued charges and deferred income | 492/3 | €2,000 | €4,000 | +€2,000 | +100% |
| Turnover | 70 | €126,321 | €143,420 | +€17,099 | +13.5% |
| Non-recurring operating income | 76A | €19,071 | €43,723 | +€24,652 | +129% |
| Goods, raw materials, services and sundry goods | 60/61 | €108,388 | €127,468 | +€19,080 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,385 | €14,586 | +€201 | +1.4% |
| Other operating charges | 640/8 | €23,180 | €31,403 | +€8,223 | +35.5% |
| Gross operating margin | 9900 | €37,004 | €59,675 | +€22,671 | +61.3% |
| Operating profit (loss) | 9901 | -€561 | €13,686 | +€14,247 | |
| Financial income | 75/76B | €12,588 | €5,019 | -€7,569 | -60.1% |
| Recurring financial income | 75 | €12,588 | €5,019 | -€7,569 | -60.1% |
| Financial charges | 65/66B | €14,065 | €12,112 | -€1,953 | -13.9% |
| Recurring financial charges | 65 | €14,065 | €12,112 | -€1,953 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,038 | €6,592 | +€8,630 | |
| Profit (loss) for the period | 9904 | -€2,038 | €6,592 | +€8,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,038 | €6,592 | +€8,630 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.