TD-CONCEPT: 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.
TD-CONCEPT
Largest movements
- Cash +€2,896
up €2,896 (+38.7%), from €7,482 to €10,378
mainly Investment in fixed assets (net) (+€1,468) and Depreciation (+€955)
- Tangible fixed assets -€2,423
down €2,423 (-98.9%), from €2,451 to €28
- Profit (loss) carried forward +€328
up €328 (+54.0%), from €608 to €936
- Tax, wage and social debts +€132
up €132 (+105.6%), from €125 to €257
- Depreciation -€932
down €932 (-49.4%), from €1,887 to €955
- Gross operating margin +€681
up €681 (+60.5%), from €1,126 to €1,807
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.
Cash bridge derived
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 | €12,656 | €13,129 | +€473 | +3.7% |
| Fixed assets | 21/28 | €2,451 | €28 | -€2,423 | -98.9% |
| Tangible fixed assets | 22/27 | €2,451 | €28 | -€2,423 | -98.9% |
| Furniture and vehicles | 24 | €2,451 | €28 | -€2,423 | -98.9% |
| Current assets | 29/58 | €10,204 | €13,101 | +€2,896 | +28.4% |
| Amounts receivable within one year | 40/41 | €2,723 | €2,723 | = | 0.0% |
| Trade receivables | 40 | €2,723 | €2,723 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €7,482 | €10,378 | +€2,896 | +38.7% |
| Total equity and liabilities | 10/49 | €12,656 | €13,129 | +€473 | +3.7% |
| Equity | 10/15 | €11,665 | €11,993 | +€328 | +2.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €4,857 | €4,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,997 | €2,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | €608 | €936 | +€328 | +54.0% |
| Amounts payable | 17/49 | €991 | €1,136 | +€145 | +14.6% |
| Amounts payable within one year | 42/48 | €253 | €385 | +€132 | +52.2% |
| Taxes, remuneration and social security | 45 | €125 | €257 | +€132 | +105.6% |
| Taxes | 450/3 | €125 | €257 | +€132 | +105.6% |
| Other amounts payable | 47/48 | €128 | €128 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €738 | €751 | +€13 | +1.8% |
| Non-recurring operating income | 76A | - | €19 | +€19 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,887 | €955 | -€932 | -49.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €1,126 | €1,807 | +€681 | +60.5% |
| Operating profit (loss) | 9901 | -€1,148 | €453 | +€1,600 | |
| Financial charges | 65/66B | €122 | €125 | +€3 | +2.5% |
| Recurring financial charges | 65 | €122 | €125 | +€3 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,269 | €328 | +€1,597 | |
| Profit (loss) for the period | 9904 | -€1,269 | €328 | +€1,597 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,269 | €328 | +€1,597 |
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 11 October 2026 via checked.be.