TA: what changed
TA
Largest movements
- Cash +€15,472
up €15,472 (+249,545%), from €6 to €15,478
mainly Net result for the year (+€20,697) and Accrued charges and deferred income (+€4,314)
- Receivables within one year +€6,013
up €6,013 (+41.2%), from €14,597 to €20,610
of which Other amounts receivable: +€4,518
- Tangible fixed assets +€3,990
up €3,990 (+91.9%), from €4,342 to €8,333
of which Furniture and vehicles: +€3,795
- Deferred charges and accrued income -€2,818
down €2,818 (-99.1%), from €2,842 to €25
- Profit (loss) carried forward +€20,697
up €20,697, from -€2,388 to €18,309
- Accrued charges and deferred income +€4,314
new in 2025: €4,314
- Trade debts -€2,500
down €2,500 (-53.0%), from €4,713 to €2,213
- Gross operating margin +€35,049
up €35,049, from -€4,065 to €30,983
- Taxes +€4,251
new in 2025: €4,251
- Staff costs +€3,828
new in 2025: €3,828
- Depreciation +€1,712
up €1,712 (+260%), from €658 to €2,370
- Other operating charges -€715
down €715 (-63.2%), from €1,132 to €417
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,788 | €44,445 | +€22,657 | +104% |
| Fixed assets | 21/28 | €4,342 | €8,333 | +€3,990 | +91.9% |
| Tangible fixed assets | 22/27 | €4,342 | €8,333 | +€3,990 | +91.9% |
| Plant, machinery and equipment | 23 | - | €195 | +€195 | |
| Furniture and vehicles | 24 | €4,342 | €8,137 | +€3,795 | +87.4% |
| Current assets | 29/58 | €17,445 | €36,112 | +€18,667 | +107% |
| Amounts receivable within one year | 40/41 | €14,597 | €20,610 | +€6,013 | +41.2% |
| Trade receivables | 40 | €3,920 | €5,415 | +€1,495 | +38.1% |
| Other amounts receivable | 41 | €10,677 | €15,195 | +€4,518 | +42.3% |
| Cash at bank and in hand | 54/58 | €6 | €15,478 | +€15,472 | +249,545% |
| Deferred charges and accrued income | 490/1 | €2,842 | €25 | -€2,818 | -99.1% |
| Total equity and liabilities | 10/49 | €21,788 | €44,445 | +€22,657 | +104% |
| Equity | 10/15 | €12,612 | €33,309 | +€20,697 | +164% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,388 | €18,309 | +€20,697 | |
| Amounts payable | 17/49 | €9,176 | €11,136 | +€1,960 | +21.4% |
| Amounts payable within one year | 42/48 | €9,176 | €6,823 | -€2,354 | -25.6% |
| Trade debts | 44 | €4,713 | €2,213 | -€2,500 | -53.0% |
| Suppliers | 440/4 | €4,713 | €2,213 | -€2,500 | -53.0% |
| Taxes, remuneration and social security | 45 | €4,463 | €4,610 | +€147 | +3.3% |
| Taxes | 450/3 | €4,463 | €4,251 | -€212 | -4.8% |
| Remuneration and social security | 454/9 | - | €359 | +€359 | |
| Accrued charges and deferred income | 492/3 | - | €4,314 | +€4,314 | |
| Remuneration, social security and pensions | 62 | - | €3,828 | +€3,828 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €658 | €2,370 | +€1,712 | +260% |
| Other operating charges | 640/8 | €1,132 | €417 | -€715 | -63.2% |
| Gross operating margin | 9900 | -€4,065 | €30,983 | +€35,049 | |
| Operating profit (loss) | 9901 | -€5,855 | €24,369 | +€30,224 | |
| Financial income | 75/76B | €684 | €749 | +€64 | +9.4% |
| Recurring financial income | 75 | €684 | €749 | +€64 | +9.4% |
| Financial charges | 65/66B | €17 | €170 | +€153 | +877% |
| Recurring financial charges | 65 | €17 | €170 | +€153 | +877% |
| Profit (loss) for the period before taxes | 9903 | -€5,188 | €24,947 | +€30,136 | |
| Income taxes | 67/77 | - | €4,251 | +€4,251 | |
| Profit (loss) for the period | 9904 | -€5,188 | €20,697 | +€25,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,188 | €20,697 | +€25,885 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.