TBSN: 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.
TBSN
Largest movements
- Stocks and contracts +€5,087
up €5,087 (+7.1%), from €71,900 to €76,987
- Tangible fixed assets -€3,261
down €3,261 (-25.4%), from €12,853 to €9,592
of which Furniture and vehicles: -€3,261
- Receivables within one year +€1,395
up €1,395 (+7.0%), from €20,041 to €21,436
- Tax, wage and social debts +€6,560
up €6,560 (+26.8%), from €24,489 to €31,049
of which Remuneration and social security: +€7,119
- Other debts -€5,000
down €5,000 (-19.2%), from €26,000 to €21,000
- Trade debts +€4,344
up €4,344 (+73.4%), from €5,922 to €10,266
- Profit (loss) carried forward -€3,792
down €3,792 (-6.7%), from -€56,678 to -€60,470
- Staff costs +€29,131
up €29,131 (+59.1%), from €49,318 to €78,449
- Taxes +€7,065
new in 2025: €7,065
- Depreciation -€4,980
down €4,980 (-60.4%), from €8,241 to €3,261
- Gross operating margin -€1,527
down €1,527 (-1.5%), from €99,178 to €97,651
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 | €129,202 | €131,314 | +€2,112 | +1.6% |
| Fixed assets | 21/28 | €13,653 | €10,392 | -€3,261 | -23.9% |
| Tangible fixed assets | 22/27 | €12,853 | €9,592 | -€3,261 | -25.4% |
| Plant, machinery and equipment | 23 | €2,595 | €2,595 | = | 0.0% |
| Furniture and vehicles | 24 | €10,258 | €6,997 | -€3,261 | -31.8% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €115,549 | €120,922 | +€5,373 | +4.6% |
| Stocks and contracts in progress | 3 | €71,900 | €76,987 | +€5,087 | +7.1% |
| Stocks | 30/36 | €71,900 | €76,987 | +€5,087 | +7.1% |
| Amounts receivable within one year | 40/41 | €20,041 | €21,436 | +€1,395 | +7.0% |
| Trade receivables | 40 | €20,041 | €21,436 | +€1,395 | +7.0% |
| Cash at bank and in hand | 54/58 | €23,608 | €22,499 | -€1,109 | -4.7% |
| Total equity and liabilities | 10/49 | €129,202 | €131,314 | +€2,112 | +1.6% |
| Equity | 10/15 | €35,052 | €31,260 | -€3,792 | -10.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €26,730 | €26,730 | = | 0.0% |
| Distributable reserves | 133 | €26,730 | €26,730 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,678 | -€60,470 | -€3,792 | -6.7% |
| Amounts payable | 17/49 | €94,150 | €100,054 | +€5,904 | +6.3% |
| Amounts payable after more than one year | 17 | €37,739 | €37,739 | = | 0.0% |
| Financial debts | 170/4 | €37,739 | €37,739 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,411 | €62,315 | +€5,904 | +10.5% |
| Trade debts | 44 | €5,922 | €10,266 | +€4,344 | +73.4% |
| Suppliers | 440/4 | €5,922 | €10,266 | +€4,344 | +73.4% |
| Taxes, remuneration and social security | 45 | €24,489 | €31,049 | +€6,560 | +26.8% |
| Taxes | 450/3 | €9,868 | €9,309 | -€559 | -5.7% |
| Remuneration and social security | 454/9 | €14,621 | €21,740 | +€7,119 | +48.7% |
| Other amounts payable | 47/48 | €26,000 | €21,000 | -€5,000 | -19.2% |
| Remuneration, social security and pensions | 62 | €49,318 | €78,449 | +€29,131 | +59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,241 | €3,261 | -€4,980 | -60.4% |
| Other operating charges | 640/8 | €9,601 | €10,263 | +€662 | +6.9% |
| Gross operating margin | 9900 | €99,178 | €97,651 | -€1,527 | -1.5% |
| Operating profit (loss) | 9901 | €32,018 | €5,678 | -€26,340 | -82.3% |
| Financial income | 75/76B | €51 | €24 | -€27 | -52.9% |
| Recurring financial income | 75 | €51 | €24 | -€27 | -52.9% |
| Financial charges | 65/66B | €3,146 | €2,429 | -€717 | -22.8% |
| Recurring financial charges | 65 | €3,146 | €2,429 | -€717 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | €28,923 | €3,273 | -€25,650 | -88.7% |
| Income taxes | 67/77 | - | €7,065 | +€7,065 | |
| Profit (loss) for the period | 9904 | €28,923 | -€3,792 | -€32,715 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,923 | -€3,792 | -€32,715 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.