TABLO: 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.
TABLO
Largest movements
- Receivables within one year +€18,238
up €18,238 (+13,702%), from €133 to €18,371
of which Trade receivables: +€18,236
- Cash -€15,944
no longer reported in 2025 (was €15,944)
mainly Receivables within one year (-€18,238) and Net result for the year (-€5,723)
- Intangible fixed assets -€5,647
down €5,647 (-37.0%), from €15,274 to €9,627
- Stocks and contracts +€4,447
up €4,447 (+20.0%), from €22,256 to €26,703
- Current investments +€3,744
new in 2025: €3,744
- Trade debts +€7,494
up €7,494 (+28.3%), from €26,451 to €33,945
- Profit (loss) carried forward -€5,723
down €5,723 (-471%), from -€1,216 to -€6,939
- Tax, wage and social debts +€1,344
up €1,344 (+223%), from €602 to €1,945
- Other debts +€1,189
up €1,189 (+11.3%), from €10,500 to €11,689
- Depreciation +€3,980
up €3,980 (+239%), from €1,666 to €5,647
- Financial charges +€582
up €582 (+185%), from €315 to €896
- Gross operating margin +€50
up €50 (+4.3%), from €1,152 to €1,202
- Financial income +€18
new in 2025: €18
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €53,606 | €58,445 | +€4,839 | +9.0% |
| Fixed assets | 21/28 | €15,274 | €9,627 | -€5,647 | -37.0% |
| Intangible fixed assets | 21 | €15,274 | €9,627 | -€5,647 | -37.0% |
| Current assets | 29/58 | €38,333 | €48,818 | +€10,485 | +27.4% |
| Stocks and contracts in progress | 3 | €22,256 | €26,703 | +€4,447 | +20.0% |
| Stocks | 30/36 | €22,256 | €26,703 | +€4,447 | +20.0% |
| Amounts receivable within one year | 40/41 | €133 | €18,371 | +€18,238 | +13,702% |
| Trade receivables | 40 | €133 | €18,369 | +€18,236 | +13,701% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Current investments | 50/53 | - | €3,744 | +€3,744 | |
| Cash at bank and in hand | 54/58 | €15,944 | - | -€15,944 | |
| Total equity and liabilities | 10/49 | €53,606 | €58,445 | +€4,839 | +9.0% |
| Equity | 10/15 | €15,784 | €10,061 | -€5,723 | -36.3% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,216 | -€6,939 | -€5,723 | -471% |
| Amounts payable | 17/49 | €37,823 | €48,384 | +€10,561 | +27.9% |
| Amounts payable within one year | 42/48 | €37,552 | €47,579 | +€10,027 | +26.7% |
| Trade debts | 44 | €26,451 | €33,945 | +€7,494 | +28.3% |
| Suppliers | 440/4 | €26,451 | €33,945 | +€7,494 | +28.3% |
| Taxes, remuneration and social security | 45 | €602 | €1,945 | +€1,344 | +223% |
| Taxes | 450/3 | €602 | €1,945 | +€1,344 | +223% |
| Other amounts payable | 47/48 | €10,500 | €11,689 | +€1,189 | +11.3% |
| Accrued charges and deferred income | 492/3 | €271 | €805 | +€534 | +197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,666 | €5,647 | +€3,980 | +239% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,152 | €1,202 | +€50 | +4.3% |
| Operating profit (loss) | 9901 | -€902 | -€4,845 | -€3,943 | -437% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €315 | €896 | +€582 | +185% |
| Recurring financial charges | 65 | €315 | €896 | +€582 | +185% |
| Profit (loss) for the period before taxes | 9903 | -€1,216 | -€5,723 | -€4,507 | -371% |
| Profit (loss) for the period | 9904 | -€1,216 | -€5,723 | -€4,507 | -371% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,216 | -€5,723 | -€4,507 | -371% |
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 14 October 2026 via checked.be.