TD THINK DIFFERENT: 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 THINK DIFFERENT
Largest movements
- Stocks and contracts -€4,180
down €4,180 (-14.6%), from €28,680 to €24,500
- Cash -€1,644
down €1,644 (-54.9%), from €2,993 to €1,349
mainly Other debts (-€12,000) and Net result for the year (-€725)
- Receivables within one year +€590
up €590 (+6.1%), from €9,750 to €10,340
of which Trade receivables: +€949
- Other debts -€12,000
down €12,000 (-31.6%), from €38,000 to €26,000
- Profit (loss) carried forward +€4,775
up €4,775 (+8.8%), from -€54,443 to -€49,668
- Tax, wage and social debts +€1,285
new in 2025: €1,285
- Trade debts +€481
up €481 (+15.6%), from €3,091 to €3,572
- Turnover -€27,979
down €27,979 (-53.8%), from €51,996 to €24,017
- Purchases and services -€16,625
down €16,625 (-41.1%), from €40,489 to €23,864
- Gross operating margin -€11,354
down €11,354 (-98.7%), from €11,507 to €153
- Financial charges -€5,390
down €5,390 (-93.3%), from €5,777 to €387
of which Non-recurring financial charges: -€4,874
- Staff costs -€4,521
down €4,521 (-94.4%), from €4,787 to €266
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 | €41,648 | €36,189 | -€5,459 | -13.1% |
| Fixed assets | 21/28 | €225 | €0 | -€225 | -100.0% |
| Tangible fixed assets | 22/27 | €225 | €0 | -€225 | -100.0% |
| Plant, machinery and equipment | 23 | €225 | €0 | -€225 | -100.0% |
| Current assets | 29/58 | €41,423 | €36,189 | -€5,234 | -12.6% |
| Stocks and contracts in progress | 3 | €28,680 | €24,500 | -€4,180 | -14.6% |
| Stocks | 30/36 | €28,680 | €24,500 | -€4,180 | -14.6% |
| Amounts receivable within one year | 40/41 | €9,750 | €10,340 | +€590 | +6.1% |
| Trade receivables | 40 | €9,391 | €10,340 | +€949 | +10.1% |
| Other amounts receivable | 41 | €359 | - | -€359 | |
| Cash at bank and in hand | 54/58 | €2,993 | €1,349 | -€1,644 | -54.9% |
| Total equity and liabilities | 10/49 | €41,648 | €36,189 | -€5,459 | -13.1% |
| Equity | 10/15 | €557 | €5,332 | +€4,775 | +857.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Legal reserve | 130 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,443 | -€49,668 | +€4,775 | +8.8% |
| Amounts payable | 17/49 | €41,091 | €30,857 | -€10,234 | -24.9% |
| Amounts payable within one year | 42/48 | €41,091 | €30,857 | -€10,234 | -24.9% |
| Trade debts | 44 | €3,091 | €3,572 | +€481 | +15.6% |
| Suppliers | 440/4 | €3,091 | €3,572 | +€481 | +15.6% |
| Taxes, remuneration and social security | 45 | - | €1,285 | +€1,285 | |
| Taxes | 450/3 | - | €1,285 | +€1,285 | |
| Other amounts payable | 47/48 | €38,000 | €26,000 | -€12,000 | -31.6% |
| Turnover | 70 | €51,996 | €24,017 | -€27,979 | -53.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €40,489 | €23,864 | -€16,625 | -41.1% |
| Remuneration, social security and pensions | 62 | €4,787 | €266 | -€4,521 | -94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,898 | €225 | -€1,673 | -88.1% |
| Gross operating margin | 9900 | €11,507 | €153 | -€11,354 | -98.7% |
| Operating profit (loss) | 9901 | €4,822 | -€338 | -€5,160 | |
| Financial income | 75/76B | €133 | - | -€133 | |
| Recurring financial income | 75 | €133 | - | -€133 | |
| Financial charges | 65/66B | €5,777 | €387 | -€5,390 | -93.3% |
| Recurring financial charges | 65 | €903 | €387 | -€516 | -57.1% |
| Non-recurring financial charges | 66B | €4,874 | - | -€4,874 | |
| Profit (loss) for the period before taxes | 9903 | -€822 | -€725 | +€97 | +11.8% |
| Profit (loss) for the period | 9904 | -€822 | -€725 | +€97 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€822 | -€725 | +€97 | +11.8% |
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 10 October 2026 via checked.be.