TBOX: 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.
TBOX
Largest movements
- Cash -€6,325
down €6,325 (-38.3%), from €16,514 to €10,188
mainly Receivables within one year (-€4,462) and Net result for the year (-€1,778)
- Receivables within one year +€4,462
up €4,462 (+2,374%), from €188 to €4,650
- Tangible fixed assets -€184
down €184 (-32.9%), from €560 to €376
- Profit (loss) carried forward -€1,778
down €1,778 (-62.8%), from €2,829 to €1,051
- Tax, wage and social debts -€712
down €712 (-20.8%), from €3,426 to €2,715
- Trade debts +€442
new in 2025: €442
- Taxes +€1,651
new in 2025: €1,651
- Gross operating margin +€1,595
up €1,595, from -€1,386 to €208
- Financial charges +€15
up €15 (+10.8%), from €136 to €151
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 | €17,262 | €15,214 | -€2,047 | -11.9% |
| Fixed assets | 21/28 | €560 | €376 | -€184 | -32.9% |
| Tangible fixed assets | 22/27 | €560 | €376 | -€184 | -32.9% |
| Plant, machinery and equipment | 23 | €560 | €376 | -€184 | -32.9% |
| Current assets | 29/58 | €16,702 | €14,838 | -€1,863 | -11.2% |
| Amounts receivable within one year | 40/41 | €188 | €4,650 | +€4,462 | +2,374% |
| Other amounts receivable | 41 | €188 | €4,650 | +€4,462 | +2,374% |
| Cash at bank and in hand | 54/58 | €16,514 | €10,188 | -€6,325 | -38.3% |
| Total equity and liabilities | 10/49 | €17,262 | €15,214 | -€2,047 | -11.9% |
| Equity | 10/15 | €10,884 | €9,106 | -€1,778 | -16.3% |
| Contributions | 10/11 | €7,400 | €7,400 | = | 0.0% |
| Reserves | 13 | €655 | €655 | = | 0.0% |
| Distributable reserves | 133 | €655 | €655 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,829 | €1,051 | -€1,778 | -62.8% |
| Amounts payable | 17/49 | €6,378 | €6,109 | -€269 | -4.2% |
| Amounts payable within one year | 42/48 | €6,378 | €6,109 | -€269 | -4.2% |
| Trade debts | 44 | - | €442 | +€442 | |
| Suppliers | 440/4 | - | €442 | +€442 | |
| Taxes, remuneration and social security | 45 | €3,426 | €2,715 | -€712 | -20.8% |
| Taxes | 450/3 | €3,426 | €2,715 | -€712 | -20.8% |
| Other amounts payable | 47/48 | €2,952 | €2,952 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €184 | €184 | = | 0.0% |
| Gross operating margin | 9900 | -€1,386 | €208 | +€1,595 | |
| Operating profit (loss) | 9901 | -€1,570 | €24 | +€1,595 | |
| Financial charges | 65/66B | €136 | €151 | +€15 | +10.8% |
| Recurring financial charges | 65 | €136 | €151 | +€15 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,706 | -€127 | +€1,580 | +92.6% |
| Income taxes | 67/77 | - | €1,651 | +€1,651 | |
| Profit (loss) for the period | 9904 | -€1,706 | -€1,778 | -€71 | -4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,706 | -€1,778 | -€71 | -4.2% |
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 24 October 2026 via checked.be.