TDB CREATION: 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.
TDB CREATION
Largest movements
- Tangible fixed assets -€16,573
down €16,573 (-40.9%), from €40,482 to €23,910
of which Plant, machinery and equipment: -€16,504
- Cash +€3,840
up €3,840 (+24.3%), from €15,797 to €19,637
mainly Depreciation (+€16,573) and Trade debts (+€4,824)
- Receivables within one year -€2,060
down €2,060 (-6.1%), from €33,847 to €31,786
of which Trade receivables: -€2,364
- Other debts -€17,555
down €17,555 (-55.0%), from €31,937 to €14,382
- Trade debts +€4,824
up €4,824 (+316%), from €1,527 to €6,351
- Taxes +€2,240
up €2,240, from -€1,841 to €399
- Gross operating margin +€954
up €954 (+4.9%), from €19,491 to €20,445
- Staff costs +€537
up €537 (+17.0%), from €3,152 to €3,689
- Other operating charges -€297
down €297 (-54.6%), from €543 to €247
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 | €94,387 | €80,526 | -€13,861 | -14.7% |
| Fixed assets | 21/28 | €40,507 | €23,935 | -€16,573 | -40.9% |
| Tangible fixed assets | 22/27 | €40,482 | €23,910 | -€16,573 | -40.9% |
| Plant, machinery and equipment | 23 | €40,414 | €23,910 | -€16,504 | -40.8% |
| Furniture and vehicles | 24 | €69 | - | -€69 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €53,880 | €56,591 | +€2,711 | +5.0% |
| Amounts receivable within one year | 40/41 | €33,847 | €31,786 | -€2,060 | -6.1% |
| Trade receivables | 40 | €33,592 | €31,228 | -€2,364 | -7.0% |
| Other amounts receivable | 41 | €255 | €559 | +€304 | +119% |
| Cash at bank and in hand | 54/58 | €15,797 | €19,637 | +€3,840 | +24.3% |
| Deferred charges and accrued income | 490/1 | €4,236 | €5,168 | +€932 | +22.0% |
| Total equity and liabilities | 10/49 | €94,387 | €80,526 | -€13,861 | -14.7% |
| Equity | 10/15 | €58,251 | €57,802 | -€449 | -0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,060 | €51,060 | = | 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 | €49,200 | €49,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €991 | €542 | -€449 | -45.3% |
| Amounts payable | 17/49 | €36,137 | €22,725 | -€13,412 | -37.1% |
| Amounts payable within one year | 42/48 | €36,137 | €22,725 | -€13,412 | -37.1% |
| Trade debts | 44 | €1,527 | €6,351 | +€4,824 | +316% |
| Suppliers | 440/4 | €1,527 | €6,351 | +€4,824 | +316% |
| Taxes, remuneration and social security | 45 | €2,673 | €1,992 | -€682 | -25.5% |
| Taxes | 450/3 | €810 | €114 | -€696 | -85.9% |
| Remuneration and social security | 454/9 | €1,863 | €1,877 | +€14 | +0.8% |
| Other amounts payable | 47/48 | €31,937 | €14,382 | -€17,555 | -55.0% |
| Non-recurring operating income | 76A | - | €333 | +€333 | |
| Remuneration, social security and pensions | 62 | €3,152 | €3,689 | +€537 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,659 | €16,573 | -€86 | -0.5% |
| Other operating charges | 640/8 | €543 | €247 | -€297 | -54.6% |
| Gross operating margin | 9900 | €19,491 | €20,445 | +€954 | +4.9% |
| Operating profit (loss) | 9901 | -€864 | -€64 | +€800 | +92.6% |
| Financial income | 75/76B | €12 | €64 | +€52 | +426% |
| Recurring financial income | 75 | €12 | €64 | +€52 | +426% |
| Financial charges | 65/66B | €77 | €51 | -€26 | -33.7% |
| Recurring financial charges | 65 | €77 | €51 | -€26 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | -€928 | -€50 | +€878 | +94.6% |
| Income taxes | 67/77 | -€1,841 | €399 | +€2,240 | |
| Profit (loss) for the period | 9904 | €913 | -€449 | -€1,362 | |
| Profit (loss) for the period to be appropriated | 9905 | €913 | -€449 | -€1,362 |
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 14 October 2026 via checked.be.