T6T: 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.
T6T
Largest movements
- Tangible fixed assets -€651,838
down €651,838 (-60.1%), from €1.1m to €432,930
- Cash +€96,772
up €96,772 (+766.7%), from €12,622 to €109,395
mainly Investment in fixed assets (net) (+€651,838) and Receivables within one year (+€31,853)
- Receivables within one year -€31,853
down €31,853 (-100.0%), from €31,853 to €0
of which Other amounts receivable: -€30,257
- Short-term financial debts -€415,000
down €415,000 (-60.1%), from €690,000 to €275,000
- Other debts -€185,500
down €185,500 (-47.6%), from €389,500 to €204,000
- Trade debts +€27,852
up €27,852 (+488.7%), from €5,699 to €33,552
- Profit (loss) carried forward -€15,192
down €15,192 (-669.0%), from -€2,271 to -€17,463
- Gross operating margin +€51,271
up €51,271, from -€11,090 to €40,181
- Financial charges -€9,482
down €9,482 (-22.2%), from €42,628 to €33,146
- Taxes +€3,055
up €3,055, from -€3,055 to €0
- Other operating charges -€1,465
down €1,465 (-58.9%), from €2,489 to €1,024
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 | €1,129,243 | €542,325 | -€586,918 | -52.0% |
| Fixed assets | 21/28 | €1,084,768 | €432,930 | -€651,838 | -60.1% |
| Tangible fixed assets | 22/27 | €1,084,768 | €432,930 | -€651,838 | -60.1% |
| Assets under construction and advance payments | 27 | €1,084,768 | €432,930 | -€651,838 | -60.1% |
| Current assets | 29/58 | €44,475 | €109,395 | +€64,920 | +146.0% |
| Amounts receivable within one year | 40/41 | €31,853 | €0 | -€31,853 | -100.0% |
| Trade receivables | 40 | €1,595 | €0 | -€1,595 | -100.0% |
| Other amounts receivable | 41 | €30,257 | €0 | -€30,257 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,622 | €109,395 | +€96,772 | +766.7% |
| Total equity and liabilities | 10/49 | €1,129,243 | €542,325 | -€586,918 | -52.0% |
| Equity | 10/15 | €35,781 | €20,589 | -€15,192 | -42.5% |
| Contributions | 10/11 | €36,000 | €36,000 | = | 0.0% |
| Reserves | 13 | €2,052 | €2,052 | = | 0.0% |
| Distributable reserves | 133 | €2,052 | €2,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,271 | -€17,463 | -€15,192 | -669.0% |
| Amounts payable | 17/49 | €1,093,461 | €521,736 | -€571,725 | -52.3% |
| Amounts payable within one year | 42/48 | €1,092,917 | €521,736 | -€571,181 | -52.3% |
| Financial debts | 43 | €690,000 | €275,000 | -€415,000 | -60.1% |
| Credit institutions | 430/8 | €690,000 | €275,000 | -€415,000 | -60.1% |
| Trade debts | 44 | €5,699 | €33,552 | +€27,852 | +488.7% |
| Suppliers | 440/4 | €5,699 | €33,552 | +€27,852 | +488.7% |
| Taxes, remuneration and social security | 45 | €7,718 | €9,184 | +€1,467 | +19.0% |
| Taxes | 450/3 | €7,718 | €9,184 | +€1,467 | +19.0% |
| Other amounts payable | 47/48 | €389,500 | €204,000 | -€185,500 | -47.6% |
| Accrued charges and deferred income | 492/3 | €545 | €0 | -€545 | -100.0% |
| Non-recurring operating income | 76A | - | €58,710 | +€58,710 | |
| Other operating charges | 640/8 | €2,489 | €1,024 | -€1,465 | -58.9% |
| Non-recurring operating charges | 66A | - | €21,311 | +€21,311 | |
| Gross operating margin | 9900 | -€11,090 | €40,181 | +€51,271 | |
| Operating profit (loss) | 9901 | -€13,579 | €17,846 | +€31,425 | |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €42,628 | €33,146 | -€9,482 | -22.2% |
| Recurring financial charges | 65 | €42,628 | €33,146 | -€9,482 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€56,207 | -€15,192 | +€41,014 | +73.0% |
| Income taxes | 67/77 | -€3,055 | €0 | +€3,055 | |
| Profit (loss) for the period | 9904 | -€53,151 | -€15,192 | +€37,959 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,151 | -€15,192 | +€37,959 | +71.4% |
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 7 October 2026 via checked.be.