TBL 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.
TBL ENGINEERING
Largest movements
- Cash +€19,893
up €19,893 (+31.9%), from €62,312 to €82,205
mainly Net result for the year (+€76,117) and Receivables within one year (+€17,215)
- Receivables within one year -€17,215
down €17,215 (-43.3%), from €39,764 to €22,549
of which Trade receivables: -€39,752
- Tangible fixed assets -€3,281
down €3,281 (-100.0%), from €3,281 to €0
- Reserves -€13,385
down €13,385 (-100.0%), from €13,385 to €0
- Tax, wage and social debts +€6,385
up €6,385 (+21.9%), from €29,211 to €35,596
- Trade debts +€3,700
up €3,700 (+8832.1%), from €42 to €3,742
- Other debts +€2,343
up €2,343 (+3.9%), from €60,072 to €62,416
- Depreciation -€1,411
down €1,411 (-100.0%), from €1,411 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,710 | €104,753 | -€957 | -0.9% |
| Fixed assets | 21/28 | €3,281 | €0 | -€3,281 | -100.0% |
| Tangible fixed assets | 22/27 | €3,281 | €0 | -€3,281 | -100.0% |
| Land and buildings | 22 | €3,281 | €0 | -€3,281 | -100.0% |
| Current assets | 29/58 | €102,430 | €104,753 | +€2,324 | +2.3% |
| Amounts receivable within one year | 40/41 | €39,764 | €22,549 | -€17,215 | -43.3% |
| Trade receivables | 40 | €39,752 | €0 | -€39,752 | -100.0% |
| Other amounts receivable | 41 | €12 | €22,549 | +€22,537 | +190183.0% |
| Cash at bank and in hand | 54/58 | €62,312 | €82,205 | +€19,893 | +31.9% |
| Deferred charges and accrued income | 490/1 | €354 | €0 | -€354 | -100.0% |
| Total equity and liabilities | 10/49 | €105,710 | €104,753 | -€957 | -0.9% |
| Equity | 10/15 | €16,385 | €3,000 | -€13,385 | -81.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,385 | €0 | -€13,385 | -100.0% |
| Distributable reserves | 133 | €13,385 | €0 | -€13,385 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,325 | €101,753 | +€12,428 | +13.9% |
| Amounts payable within one year | 42/48 | €89,325 | €101,753 | +€12,428 | +13.9% |
| Trade debts | 44 | €42 | €3,742 | +€3,700 | +8832.1% |
| Suppliers | 440/4 | €42 | €3,742 | +€3,700 | +8832.1% |
| Taxes, remuneration and social security | 45 | €29,211 | €35,596 | +€6,385 | +21.9% |
| Taxes | 450/3 | €29,211 | €35,596 | +€6,385 | +21.9% |
| Other amounts payable | 47/48 | €60,072 | €62,416 | +€2,343 | +3.9% |
| Non-recurring operating income | 76A | - | €9,606 | +€9,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,411 | €0 | -€1,411 | -100.0% |
| Other operating charges | 640/8 | €815 | €622 | -€193 | -23.7% |
| Non-recurring operating charges | 66A | - | €3,028 | +€3,028 | |
| Gross operating margin | 9900 | €108,254 | €108,052 | -€203 | -0.2% |
| Operating profit (loss) | 9901 | €106,027 | €104,401 | -€1,627 | -1.5% |
| Financial income | 75/76B | €291 | €0 | -€291 | -100.0% |
| Recurring financial income | 75 | €291 | €0 | -€291 | -100.0% |
| Financial charges | 65/66B | €582 | €402 | -€180 | -30.9% |
| Recurring financial charges | 65 | €582 | €402 | -€180 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €105,737 | €103,999 | -€1,738 | -1.6% |
| Income taxes | 67/77 | €27,785 | €27,882 | +€98 | +0.4% |
| Profit (loss) for the period | 9904 | €77,953 | €76,117 | -€1,836 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,953 | €76,117 | -€1,836 | -2.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.