TANDHERSTEL: what changed
TANDHERSTEL
Largest movements
- Receivables within one year +€18,044
up €18,044 (+114%), from €15,788 to €33,832
of which Trade receivables: +€19,175
- Cash +€12,244
up €12,244 (+6.4%), from €192,577 to €204,821
mainly Net result for the year (+€28,426) and Stocks and contracts (+€6,020)
- Stocks and contracts -€6,020
down €6,020 (-49.6%), from €12,135 to €6,115
- Reserves +€28,426
up €28,426 (+14.4%), from €197,877 to €226,303
of which Distributable reserves: +€28,426
- Other debts -€3,910
down €3,910 (-65.2%), from €6,000 to €2,090
- Gross operating margin +€574
up €574 (+1.4%), from €41,737 to €42,311
- Taxes +€528
up €528 (+4.6%), from €11,368 to €11,896
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 | €220,500 | €244,768 | +€24,268 | +11.0% |
| Current assets | 29/58 | €220,500 | €244,768 | +€24,268 | +11.0% |
| Stocks and contracts in progress | 3 | €12,135 | €6,115 | -€6,020 | -49.6% |
| Stocks | 30/36 | €12,135 | €6,115 | -€6,020 | -49.6% |
| Amounts receivable within one year | 40/41 | €15,788 | €33,832 | +€18,044 | +114% |
| Trade receivables | 40 | €14,656 | €33,832 | +€19,175 | +131% |
| Other amounts receivable | 41 | €1,132 | €0 | -€1,132 | -100.0% |
| Cash at bank and in hand | 54/58 | €192,577 | €204,821 | +€12,244 | +6.4% |
| Total equity and liabilities | 10/49 | €220,500 | €244,768 | +€24,268 | +11.0% |
| Equity | 10/15 | €209,032 | €237,459 | +€28,426 | +13.6% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €197,877 | €226,303 | +€28,426 | +14.4% |
| Non-distributable reserves | 130/1 | €4,486 | €4,486 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,486 | €4,486 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,540 | €8,540 | = | 0.0% |
| Distributable reserves | 133 | €184,852 | €213,278 | +€28,426 | +15.4% |
| Amounts payable | 17/49 | €11,467 | €7,309 | -€4,159 | -36.3% |
| Amounts payable within one year | 42/48 | €11,467 | €7,309 | -€4,159 | -36.3% |
| Trade debts | 44 | €2,467 | €473 | -€1,994 | -80.8% |
| Suppliers | 440/4 | €2,467 | €473 | -€1,994 | -80.8% |
| Taxes, remuneration and social security | 45 | €3,000 | €4,746 | +€1,746 | +58.2% |
| Taxes | 450/3 | €3,000 | €4,746 | +€1,746 | +58.2% |
| Other amounts payable | 47/48 | €6,000 | €2,090 | -€3,910 | -65.2% |
| Other operating charges | 640/8 | €1,235 | €1,442 | +€207 | +16.8% |
| Gross operating margin | 9900 | €41,737 | €42,311 | +€574 | +1.4% |
| Operating profit (loss) | 9901 | €40,502 | €40,869 | +€367 | +0.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -99.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -99.2% |
| Financial charges | 65/66B | €231 | €547 | +€316 | +137% |
| Recurring financial charges | 65 | €231 | €547 | +€316 | +137% |
| Profit (loss) for the period before taxes | 9903 | €40,273 | €40,322 | +€49 | +0.1% |
| Income taxes | 67/77 | €11,368 | €11,896 | +€528 | +4.6% |
| Profit (loss) for the period | 9904 | €28,905 | €28,426 | -€479 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,905 | €28,426 | -€479 | -1.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.