T V G: 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 G
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€29
no longer reported in 2025 (was €29)
- Other operating charges +€12
up €12 (+3.1%), from €387 to €399
- Gross operating margin -€3
down €3 (-3.5%), from -€85 to -€88
- Purchases and services +€3
up €3 (+3.5%), from €85 to €88
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 | €206,212 | €205,725 | -€487 | -0.2% |
| Fixed assets | 21/28 | €203,500 | €203,500 | = | 0.0% |
| Financial fixed assets | 28 | €203,500 | €203,500 | = | 0.0% |
| Current assets | 29/58 | €2,712 | €2,225 | -€487 | -18.0% |
| Amounts receivable within one year | 40/41 | €2,700 | €2,200 | -€500 | -18.5% |
| Other amounts receivable | 41 | €2,700 | €2,200 | -€500 | -18.5% |
| Cash at bank and in hand | 54/58 | €12 | €25 | +€13 | +108% |
| Total equity and liabilities | 10/49 | €206,212 | €205,725 | -€487 | -0.2% |
| Equity | 10/15 | €206,212 | €205,725 | -€487 | -0.2% |
| Contributions | 10/11 | €33,000 | €33,000 | = | 0.0% |
| Capital | 10 | €33,000 | €33,000 | = | 0.0% |
| Issued capital | 100 | €33,000 | €33,000 | = | 0.0% |
| Reserves | 13 | €169,918 | €169,918 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €163,618 | €163,618 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,294 | €2,807 | -€487 | -14.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €85 | €88 | +€3 | +3.5% |
| Other operating charges | 640/8 | €387 | €399 | +€12 | +3.1% |
| Gross operating margin | 9900 | -€85 | -€88 | -€3 | -3.5% |
| Operating profit (loss) | 9901 | -€472 | -€487 | -€15 | -3.2% |
| Financial charges | 65/66B | €29 | - | -€29 | |
| Recurring financial charges | 65 | €29 | - | -€29 | |
| Profit (loss) for the period before taxes | 9903 | -€501 | -€487 | +€14 | +2.8% |
| Profit (loss) for the period | 9904 | -€501 | -€487 | +€14 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€501 | -€487 | +€14 | +2.8% |
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.