T&T Ventures: 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 Ventures
Largest movements
- Receivables within one year -€26,978
down €26,978 (-24.9%), from €108,403 to €81,426
of which Trade receivables: -€27,797
- Cash +€4,824
up €4,824 (+81.9%), from €5,892 to €10,715
mainly Other debts (+€125,000) and Receivables within one year (+€26,978)
- Deferred charges and accrued income +€1,526
up €1,526 (+45.9%), from €3,322 to €4,848
- Other debts +€125,000
up €125,000 (+625%), from €20,000 to €145,000
- Profit (loss) carried forward -€113,233
down €113,233 (-672%), from -€16,863 to -€130,096
- Debts after one year -€30,205
down €30,205 (-50.6%), from €59,720 to €29,515
- Trade debts +€5,676
up €5,676 (+649%), from €874 to €6,550
- Tax, wage and social debts -€3,048
down €3,048 (-25.9%), from €11,755 to €8,707
of which Taxes: -€7,982
- Gross operating margin -€43,709
down €43,709 (-686%), from -€6,375 to -€50,085
- Other operating charges +€27,032
up €27,032 (+1,014%), from €2,667 to €29,699
- Staff costs +€19,435
up €19,435 (+210%), from €9,257 to €28,692
- Financial charges -€3,305
down €3,305 (-47.3%), from €6,992 to €3,687
of which Financial charges: -€3,305
- Depreciation +€1,099
up €1,099 (+234%), from €469 to €1,568
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 | €121,729 | €101,114 | -€20,616 | -16.9% |
| Fixed assets | 21/28 | €4,113 | €4,125 | +€12 | +0.3% |
| Tangible fixed assets | 22/27 | €4,113 | €4,125 | +€12 | +0.3% |
| Plant, machinery and equipment | 23 | €4,113 | €4,125 | +€12 | +0.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €117,617 | €96,989 | -€20,628 | -17.5% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €108,403 | €81,426 | -€26,978 | -24.9% |
| Trade receivables | 40 | €86,862 | €59,065 | -€27,797 | -32.0% |
| Other amounts receivable | 41 | €21,541 | €22,361 | +€820 | +3.8% |
| Cash at bank and in hand | 54/58 | €5,892 | €10,715 | +€4,824 | +81.9% |
| Deferred charges and accrued income | 490/1 | €3,322 | €4,848 | +€1,526 | +45.9% |
| Total equity and liabilities | 10/49 | €121,729 | €101,114 | -€20,616 | -16.9% |
| Equity | 10/15 | -€6,863 | -€120,096 | -€113,233 | -1,650% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,863 | -€130,096 | -€113,233 | -672% |
| Amounts payable | 17/49 | €128,592 | €221,209 | +€92,617 | +72.0% |
| Amounts payable after more than one year | 17 | €59,720 | €29,515 | -€30,205 | -50.6% |
| Financial debts | 170/4 | €59,720 | €29,515 | -€30,205 | -50.6% |
| Amounts payable within one year | 42/48 | €68,070 | €191,694 | +€123,624 | +182% |
| Current portion of amounts payable after more than one year | 42 | €33,322 | €31,438 | -€1,885 | -5.7% |
| Financial debts | 43 | €2,119 | - | -€2,119 | |
| Credit institutions | 430/8 | €2,119 | - | -€2,119 | |
| Trade debts | 44 | €874 | €6,550 | +€5,676 | +649% |
| Suppliers | 440/4 | €874 | €6,550 | +€5,676 | +649% |
| Taxes, remuneration and social security | 45 | €11,755 | €8,707 | -€3,048 | -25.9% |
| Taxes | 450/3 | €8,097 | €115 | -€7,982 | -98.6% |
| Remuneration and social security | 454/9 | €3,658 | €8,592 | +€4,934 | +135% |
| Other amounts payable | 47/48 | €20,000 | €145,000 | +€125,000 | +625% |
| Accrued charges and deferred income | 492/3 | €802 | - | -€802 | |
| Remuneration, social security and pensions | 62 | €9,257 | €28,692 | +€19,435 | +210% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €469 | €1,568 | +€1,099 | +234% |
| Other operating charges | 640/8 | €2,667 | €29,699 | +€27,032 | +1,014% |
| Gross operating margin | 9900 | -€6,375 | -€50,085 | -€43,709 | -686% |
| Operating profit (loss) | 9901 | -€18,768 | -€110,044 | -€91,275 | -486% |
| Financial income | 75/76B | €523 | €498 | -€25 | -4.9% |
| Recurring financial income | 75 | €523 | €498 | -€25 | -4.9% |
| Financial charges | 65/66B | €6,992 | €3,687 | -€3,305 | -47.3% |
| Recurring financial charges | 65 | €6,992 | €3,687 | -€3,305 | -47.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€25,238 | -€113,233 | -€87,996 | -349% |
| Income taxes | 67/77 | -€43 | - | +€43 | |
| Profit (loss) for the period | 9904 | -€25,195 | -€113,233 | -€88,038 | -349% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,195 | -€113,233 | -€88,038 | -349% |
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 21 October 2026 via checked.be.