TBLX: what changed
TBLX
Largest movements
- Cash +€16,998
up €16,998 (+299%), from €5,687 to €22,684
mainly Receivables within one year (+€11,788) and Net result for the year (+€4,351)
- Receivables within one year -€11,788
down €11,788 (-29.4%), from €40,143 to €28,355
of which Other amounts receivable: -€6,376
- Tangible fixed assets +€4,260
new in 2025: €4,260
- Stocks and contracts -€2,344
no longer reported in 2025 (was €2,344)
- Deferred charges and accrued income +€1,650
new in 2025: €1,650
- Reserves +€4,351
up €4,351 (+1,412%), from €308 to €4,659
- Trade debts +€2,501
up €2,501 (+15.3%), from €16,381 to €18,881
- Tax, wage and social debts +€1,924
up €1,924 (+1,038%), from €185 to €2,109
- Gross operating margin +€2,968
up €2,968 (+70.6%), from €4,204 to €7,172
- Taxes +€1,364
up €1,364 (+736%), from €185 to €1,550
- Depreciation +€865
new in 2025: €865
- Other operating charges +€215
up €215 (+183%), from €118 to €333
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 | €48,674 | €57,449 | +€8,775 | +18.0% |
| Fixed assets | 21/28 | €500 | €4,760 | +€4,260 | +852% |
| Tangible fixed assets | 22/27 | - | €4,260 | +€4,260 | |
| Plant, machinery and equipment | 23 | - | €4,260 | +€4,260 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €48,174 | €52,689 | +€4,515 | +9.4% |
| Stocks and contracts in progress | 3 | €2,344 | - | -€2,344 | |
| Stocks | 30/36 | €2,344 | - | -€2,344 | |
| Amounts receivable within one year | 40/41 | €40,143 | €28,355 | -€11,788 | -29.4% |
| Trade receivables | 40 | €32,500 | €27,088 | -€5,413 | -16.7% |
| Other amounts receivable | 41 | €7,643 | €1,267 | -€6,376 | -83.4% |
| Cash at bank and in hand | 54/58 | €5,687 | €22,684 | +€16,998 | +299% |
| Deferred charges and accrued income | 490/1 | - | €1,650 | +€1,650 | |
| Total equity and liabilities | 10/49 | €48,674 | €57,449 | +€8,775 | +18.0% |
| Equity | 10/15 | €2,708 | €7,059 | +€4,351 | +161% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €308 | €4,659 | +€4,351 | +1,412% |
| Distributable reserves | 133 | €308 | €4,659 | +€4,351 | +1,412% |
| Amounts payable | 17/49 | €45,966 | €50,390 | +€4,424 | +9.6% |
| Amounts payable within one year | 42/48 | €45,966 | €50,390 | +€4,424 | +9.6% |
| Trade debts | 44 | €16,381 | €18,881 | +€2,501 | +15.3% |
| Suppliers | 440/4 | €16,381 | €18,881 | +€2,501 | +15.3% |
| Taxes, remuneration and social security | 45 | €185 | €2,109 | +€1,924 | +1,038% |
| Taxes | 450/3 | €185 | €2,109 | +€1,924 | +1,038% |
| Other amounts payable | 47/48 | €29,400 | €29,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €865 | +€865 | |
| Other operating charges | 640/8 | €118 | €333 | +€215 | +183% |
| Gross operating margin | 9900 | €4,204 | €7,172 | +€2,968 | +70.6% |
| Operating profit (loss) | 9901 | €4,086 | €5,973 | +€1,888 | +46.2% |
| Financial charges | 65/66B | €98 | €73 | -€25 | -25.6% |
| Recurring financial charges | 65 | €98 | €73 | -€25 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €3,988 | €5,901 | +€1,913 | +48.0% |
| Income taxes | 67/77 | €185 | €1,550 | +€1,364 | +736% |
| Profit (loss) for the period | 9904 | €3,803 | €4,351 | +€548 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,803 | €4,351 | +€548 | +14.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.