TBATSERVICE: 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.
TBATSERVICE
Largest movements
- Receivables within one year +€38,672
up €38,672 (+147%), from €26,352 to €65,024
of which Trade receivables: +€47,675
- Cash -€19,684
down €19,684 (-33.5%), from €58,742 to €39,058
mainly Contributions, distributions and other (-€75,579) and Receivables within one year (-€38,672)
- Trade debts +€32,820
up €32,820 (+404%), from €8,123 to €40,942
- Tax, wage and social debts +€27,176
up €27,176 (+128%), from €21,263 to €48,439
- Accrued charges and deferred income -€25,278
no longer reported in 2025 (was €25,278)
- Other debts -€11,027
down €11,027 (-44.8%), from €24,623 to €13,596
- Profit (loss) carried forward -€4,612
no longer reported in 2025 (was €4,612)
- Gross operating margin +€48,197
up €48,197 (+101%), from €47,905 to €96,102
- Taxes +€19,115
up €19,115 (+255%), from €7,484 to €26,598
- Depreciation -€3,200
down €3,200 (-96.7%), from €3,311 to €111
- Financial income +€2,163
up €2,163 (+760%), from €285 to €2,447
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 | €86,099 | €105,177 | +€19,078 | +22.2% |
| Fixed assets | 21/28 | €111 | - | -€111 | |
| Tangible fixed assets | 22/27 | €111 | - | -€111 | |
| Plant, machinery and equipment | 23 | €70 | - | -€70 | |
| Furniture and vehicles | 24 | €41 | - | -€41 | |
| Current assets | 29/58 | €85,989 | €105,177 | +€19,188 | +22.3% |
| Amounts receivable within one year | 40/41 | €26,352 | €65,024 | +€38,672 | +147% |
| Trade receivables | 40 | €17,349 | €65,024 | +€47,675 | +275% |
| Other amounts receivable | 41 | €9,003 | - | -€9,003 | |
| Cash at bank and in hand | 54/58 | €58,742 | €39,058 | -€19,684 | -33.5% |
| Deferred charges and accrued income | 490/1 | €895 | €1,096 | +€201 | +22.4% |
| Total equity and liabilities | 10/49 | €86,099 | €105,177 | +€19,078 | +22.2% |
| Equity | 10/15 | €6,812 | €2,200 | -€4,612 | -67.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,612 | - | -€4,612 | |
| Amounts payable | 17/49 | €79,287 | €102,977 | +€23,690 | +29.9% |
| Amounts payable within one year | 42/48 | €54,009 | €102,977 | +€48,968 | +90.7% |
| Trade debts | 44 | €8,123 | €40,942 | +€32,820 | +404% |
| Suppliers | 440/4 | €8,123 | €40,942 | +€32,820 | +404% |
| Taxes, remuneration and social security | 45 | €21,263 | €48,439 | +€27,176 | +128% |
| Taxes | 450/3 | €21,263 | €48,439 | +€27,176 | +128% |
| Other amounts payable | 47/48 | €24,623 | €13,596 | -€11,027 | -44.8% |
| Accrued charges and deferred income | 492/3 | €25,278 | - | -€25,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,311 | €111 | -€3,200 | -96.7% |
| Other operating charges | 640/8 | €744 | €591 | -€153 | -20.5% |
| Non-recurring operating charges | 66A | €16,045 | - | -€16,045 | |
| Gross operating margin | 9900 | €47,905 | €96,102 | +€48,197 | +101% |
| Operating profit (loss) | 9901 | €27,805 | €95,400 | +€67,595 | +243% |
| Financial income | 75/76B | €285 | €2,447 | +€2,163 | +760% |
| Recurring financial income | 75 | €285 | €2,447 | +€2,163 | +760% |
| Financial charges | 65/66B | €679 | €283 | -€397 | -58.4% |
| Recurring financial charges | 65 | €679 | €283 | -€397 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €27,410 | €97,565 | +€70,155 | +256% |
| Income taxes | 67/77 | €7,484 | €26,598 | +€19,115 | +255% |
| Profit (loss) for the period | 9904 | €19,927 | €70,967 | +€51,040 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €19,927 | €70,967 | +€51,040 | +256% |
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 20 October 2026 via checked.be.