T.V.B. CASING Cy: 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.V.B. CASING Cy
Largest movements
- Receivables within one year -€9,621
down €9,621 (-92.0%), from €10,458 to €837
of which Trade receivables: -€6,317
- Cash +€6,564
up €6,564 (+26.6%), from €24,643 to €31,207
mainly Receivables within one year (+€9,621) and Net result for the year (+€3,674)
- Tangible fixed assets -€364
down €364 (-34.9%), from €1,043 to €679
- Trade debts -€7,551
down €7,551 (-83.9%), from €9,003 to €1,452
- Reserves +€3,674
up €3,674 (+60.6%), from €6,061 to €9,735
of which Distributable reserves: +€3,674
- Tax, wage and social debts +€558
up €558 (+60.7%), from €919 to €1,478
- Gross operating margin +€2,618
up €2,618 (+79.1%), from €3,310 to €5,929
- Taxes +€558
up €558 (+60.7%), from €919 to €1,478
- Depreciation +€315
up €315 (+632%), from €50 to €364
- Financial income -€258
down €258 (-70.2%), from €368 to €110
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 | €36,144 | €32,827 | -€3,318 | -9.2% |
| Fixed assets | 21/28 | €1,043 | €679 | -€364 | -34.9% |
| Tangible fixed assets | 22/27 | €1,043 | €679 | -€364 | -34.9% |
| Furniture and vehicles | 24 | €1,043 | €679 | -€364 | -34.9% |
| Current assets | 29/58 | €35,101 | €32,148 | -€2,953 | -8.4% |
| Amounts receivable within one year | 40/41 | €10,458 | €837 | -€9,621 | -92.0% |
| Trade receivables | 40 | €6,317 | - | -€6,317 | |
| Other amounts receivable | 41 | €4,142 | €837 | -€3,305 | -79.8% |
| Cash at bank and in hand | 54/58 | €24,643 | €31,207 | +€6,564 | +26.6% |
| Deferred charges and accrued income | 490/1 | - | €104 | +€104 | |
| Total equity and liabilities | 10/49 | €36,144 | €32,827 | -€3,318 | -9.2% |
| Equity | 10/15 | €26,222 | €29,897 | +€3,674 | +14.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €6,061 | €9,735 | +€3,674 | +60.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €4,061 | €7,735 | +€3,674 | +90.5% |
| Profit (loss) carried forward | 14 | €162 | €162 | +€0 | 0.0% |
| Amounts payable | 17/49 | €9,922 | €2,930 | -€6,992 | -70.5% |
| Amounts payable within one year | 42/48 | €9,922 | €2,930 | -€6,992 | -70.5% |
| Trade debts | 44 | €9,003 | €1,452 | -€7,551 | -83.9% |
| Suppliers | 440/4 | €9,003 | €1,452 | -€7,551 | -83.9% |
| Taxes, remuneration and social security | 45 | €919 | €1,478 | +€558 | +60.7% |
| Taxes | 450/3 | €919 | €1,478 | +€558 | +60.7% |
| Non-recurring operating income | 76A | €5 | €36 | +€31 | +632% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €364 | +€315 | +632% |
| Non-recurring operating charges | 66A | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | €3,310 | €5,929 | +€2,618 | +79.1% |
| Operating profit (loss) | 9901 | €2,809 | €5,099 | +€2,290 | +81.5% |
| Financial income | 75/76B | €368 | €110 | -€258 | -70.2% |
| Recurring financial income | 75 | €368 | €110 | -€258 | -70.2% |
| Financial charges | 65/66B | €87 | €57 | -€31 | -35.1% |
| Recurring financial charges | 65 | €87 | €57 | -€31 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €3,090 | €5,152 | +€2,062 | +66.7% |
| Income taxes | 67/77 | €919 | €1,478 | +€558 | +60.7% |
| Profit (loss) for the period | 9904 | €2,170 | €3,674 | +€1,504 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,170 | €3,674 | +€1,504 | +69.3% |
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 15 October 2026 via checked.be.