TCHAMBA - REFINDER: 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.
TCHAMBA - REFINDER
Largest movements
- Cash +€77,331
up €77,331 (+33.3%), from €232,116 to €309,447
mainly Net result for the year (+€97,057) and Trade debts (+€96,177)
- Tangible fixed assets +€42,443
up €42,443 (+29.6%), from €143,389 to €185,832
of which Other tangible fixed assets: +€21,864
- Intangible fixed assets -€8,277
down €8,277 (-46.0%), from €17,976 to €9,700
- Trade debts +€96,177
up €96,177 (+35.4%), from €271,310 to €367,487
- Other debts +€35,291
up €35,291 (+44.4%), from €79,535 to €114,826
- Tax, wage and social debts -€12,977
down €12,977 (-14.7%), from €88,031 to €75,054
of which Taxes: -€17,957
- Reserves -€9,000
down €9,000 (-10.1%), from €89,000 to €80,000
- Gross operating margin +€75,018
up €75,018 (+17.6%), from €427,100 to €502,117
- Financial income -€51,005
down €51,005 (-72.9%), from €69,935 to €18,930
- Staff costs +€39,417
up €39,417 (+11.5%), from €342,713 to €382,130
- Write-downs -€21,824
down €21,824 (-1,033%), from -€2,112 to -€23,935
- Depreciation +€21,173
up €21,173 (+81.0%), from €26,155 to €47,329
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 | €540,567 | €651,267 | +€110,700 | +20.5% |
| Fixed assets | 21/28 | €184,865 | €219,032 | +€34,166 | +18.5% |
| Intangible fixed assets | 21 | €17,976 | €9,700 | -€8,277 | -46.0% |
| Tangible fixed assets | 22/27 | €143,389 | €185,832 | +€42,443 | +29.6% |
| Plant, machinery and equipment | 23 | €28,452 | €45,142 | +€16,690 | +58.7% |
| Furniture and vehicles | 24 | €51,671 | €55,560 | +€3,889 | +7.5% |
| Other tangible fixed assets | 26 | €63,266 | €85,130 | +€21,864 | +34.6% |
| Financial fixed assets | 28 | €23,500 | €23,500 | = | 0.0% |
| Current assets | 29/58 | €355,702 | €432,235 | +€76,533 | +21.5% |
| Stocks and contracts in progress | 3 | €14,618 | €13,135 | -€1,483 | -10.1% |
| Stocks | 30/36 | €14,618 | €13,135 | -€1,483 | -10.1% |
| Amounts receivable within one year | 40/41 | €103,102 | €99,660 | -€3,443 | -3.3% |
| Trade receivables | 40 | €93,089 | €62,055 | -€31,034 | -33.3% |
| Other amounts receivable | 41 | €10,013 | €37,605 | +€27,592 | +276% |
| Cash at bank and in hand | 54/58 | €232,116 | €309,447 | +€77,331 | +33.3% |
| Deferred charges and accrued income | 490/1 | €5,865 | €9,993 | +€4,128 | +70.4% |
| Total equity and liabilities | 10/49 | €540,567 | €651,267 | +€110,700 | +20.5% |
| Equity | 10/15 | €95,536 | €87,593 | -€7,943 | -8.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,000 | €80,000 | -€9,000 | -10.1% |
| Distributable reserves | 133 | €89,000 | €80,000 | -€9,000 | -10.1% |
| Profit (loss) carried forward | 14 | €336 | €1,393 | +€1,057 | +314% |
| Amounts payable | 17/49 | €445,030 | €563,674 | +€118,643 | +26.7% |
| Amounts payable within one year | 42/48 | €442,230 | €560,774 | +€118,543 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | €3,354 | €3,407 | +€53 | +1.6% |
| Trade debts | 44 | €271,310 | €367,487 | +€96,177 | +35.4% |
| Suppliers | 440/4 | €271,310 | €367,487 | +€96,177 | +35.4% |
| Taxes, remuneration and social security | 45 | €88,031 | €75,054 | -€12,977 | -14.7% |
| Taxes | 450/3 | €38,011 | €20,054 | -€17,957 | -47.2% |
| Remuneration and social security | 454/9 | €50,021 | €55,000 | +€4,980 | +10.0% |
| Other amounts payable | 47/48 | €79,535 | €114,826 | +€35,291 | +44.4% |
| Accrued charges and deferred income | 492/3 | €2,800 | €2,900 | +€100 | +3.6% |
| Remuneration, social security and pensions | 62 | €342,713 | €382,130 | +€39,417 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,155 | €47,329 | +€21,173 | +81.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,112 | -€23,935 | -€21,824 | -1,033% |
| Other operating charges | 640/8 | €5,731 | €5,560 | -€171 | -3.0% |
| Non-recurring operating charges | 66A | €28,516 | - | -€28,516 | |
| Gross operating margin | 9900 | €427,100 | €502,117 | +€75,018 | +17.6% |
| Operating profit (loss) | 9901 | €26,096 | €91,034 | +€64,938 | +249% |
| Financial income | 75/76B | €69,935 | €18,930 | -€51,005 | -72.9% |
| Recurring financial income | 75 | €69,935 | €18,930 | -€51,005 | -72.9% |
| Financial charges | 65/66B | €1,786 | €3,296 | +€1,510 | +84.5% |
| Recurring financial charges | 65 | €1,786 | €3,296 | +€1,510 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | €94,245 | €106,668 | +€12,423 | +13.2% |
| Income taxes | 67/77 | €4,240 | €9,612 | +€5,371 | +127% |
| Profit (loss) for the period | 9904 | €90,005 | €97,057 | +€7,052 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €90,005 | €97,057 | +€7,052 | +7.8% |
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 25 October 2026 via checked.be.