TB Engineering: 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.
TB Engineering
Largest movements
- Cash +€26,336
up €26,336 (+75.8%), from €34,739 to €61,075
mainly Net result for the year (+€26,478) and Other debts (+€7,730)
- Receivables within one year +€6,921
up €6,921 (+58.6%), from €11,803 to €18,724
of which Trade receivables: +€6,917
- Deferred charges and accrued income -€2,894
down €2,894 (-36.8%), from €7,861 to €4,967
- Tangible fixed assets +€1,306
up €1,306 (+70.4%), from €1,855 to €3,162
of which Furniture and vehicles: +€2,399
- Reserves +€26,478
up €26,478 (+95.2%), from €27,820 to €54,299
- Other debts +€7,730
up €7,730 (+101.4%), from €7,621 to €15,351
- Tax, wage and social debts -€2,377
down €2,377 (-21.1%), from €11,256 to €8,879
- Taxes +€7,290
up €7,290 (+229.6%), from €3,175 to €10,465
- Gross operating margin +€6,244
up €6,244 (+17.7%), from €35,352 to €41,597
- Financial charges -€1,337
down €1,337 (-44.4%), from €3,012 to €1,676
- Other operating charges -€424
down €424 (-21.8%), from €1,943 to €1,518
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 | €56,259 | €87,928 | +€31,669 | +56.3% |
| Fixed assets | 21/28 | €1,855 | €3,162 | +€1,306 | +70.4% |
| Tangible fixed assets | 22/27 | €1,855 | €3,162 | +€1,306 | +70.4% |
| Plant, machinery and equipment | 23 | €1,093 | €0 | -€1,093 | -100.0% |
| Furniture and vehicles | 24 | €763 | €3,162 | +€2,399 | +314.6% |
| Current assets | 29/58 | €54,403 | €84,766 | +€30,363 | +55.8% |
| Amounts receivable within one year | 40/41 | €11,803 | €18,724 | +€6,921 | +58.6% |
| Trade receivables | 40 | €11,779 | €18,696 | +€6,917 | +58.7% |
| Other amounts receivable | 41 | €24 | €29 | +€4 | +17.6% |
| Cash at bank and in hand | 54/58 | €34,739 | €61,075 | +€26,336 | +75.8% |
| Deferred charges and accrued income | 490/1 | €7,861 | €4,967 | -€2,894 | -36.8% |
| Total equity and liabilities | 10/49 | €56,259 | €87,928 | +€31,669 | +56.3% |
| Equity | 10/15 | €36,820 | €63,299 | +€26,478 | +71.9% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €27,820 | €54,299 | +€26,478 | +95.2% |
| Distributable reserves | 133 | €27,820 | €54,299 | +€26,478 | +95.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €19,438 | €24,629 | +€5,191 | +26.7% |
| Amounts payable within one year | 42/48 | €19,438 | €24,629 | +€5,191 | +26.7% |
| Trade debts | 44 | €562 | €400 | -€162 | -28.8% |
| Suppliers | 440/4 | €562 | €400 | -€162 | -28.8% |
| Taxes, remuneration and social security | 45 | €11,256 | €8,879 | -€2,377 | -21.1% |
| Taxes | 450/3 | €11,256 | €8,879 | -€2,377 | -21.1% |
| Other amounts payable | 47/48 | €7,621 | €15,351 | +€7,730 | +101.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,763 | €1,463 | -€300 | -17.0% |
| Other operating charges | 640/8 | €1,943 | €1,518 | -€424 | -21.8% |
| Gross operating margin | 9900 | €35,352 | €41,597 | +€6,244 | +17.7% |
| Operating profit (loss) | 9901 | €31,647 | €38,615 | +€6,969 | +22.0% |
| Financial income | 75/76B | €0 | €4 | +€4 | +38000.0% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +38000.0% |
| Financial charges | 65/66B | €3,012 | €1,676 | -€1,337 | -44.4% |
| Recurring financial charges | 65 | €3,012 | €1,676 | -€1,337 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | €28,634 | €36,944 | +€8,309 | +29.0% |
| Income taxes | 67/77 | €3,175 | €10,465 | +€7,290 | +229.6% |
| Profit (loss) for the period | 9904 | €25,459 | €26,478 | +€1,019 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,459 | €26,478 | +€1,019 | +4.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.