TDORPSGENOT: 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.
TDORPSGENOT
Largest movements
- Receivables within one year +€11,280
up €11,280 (+10.0%), from €112,246 to €123,526
of which Other amounts receivable: +€10,960
- Tangible fixed assets -€3,578
down €3,578 (-5.2%), from €69,365 to €65,787
of which Land and buildings: -€11,778
- Cash +€2,856
up €2,856 (+9.1%), from €31,430 to €34,286
mainly Depreciation (+€27,834) and Trade debts (+€14,668)
- Trade debts +€14,668
up €14,668 (+41.7%), from €35,146 to €49,815
- Tax, wage and social debts -€10,786
down €10,786 (-22.5%), from €47,910 to €37,123
of which Taxes: -€8,468
- Current portion of long-term debt +€4,817
up €4,817 (+42.9%), from €11,222 to €16,040
- Gross operating margin -€24,010
down €24,010 (-13.7%), from €175,367 to €151,357
- Financial income -€18,464
down €18,464 (-75.6%), from €24,412 to €5,948
- Taxes -€14,131
down €14,131 (-84.6%), from €16,703 to €2,571
- Staff costs +€9,496
up €9,496 (+9.4%), from €101,388 to €110,883
- Write-downs +€3,000
new in 2025: €3,000
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 | €226,981 | €236,047 | +€9,066 | +4.0% |
| Formation expenses | 20 | €2,260 | €1,130 | -€1,130 | -50.0% |
| Fixed assets | 21/28 | €69,365 | €65,787 | -€3,578 | -5.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €69,365 | €65,787 | -€3,578 | -5.2% |
| Land and buildings | 22 | €36,021 | €24,244 | -€11,778 | -32.7% |
| Plant, machinery and equipment | 23 | €8,845 | €4,636 | -€4,209 | -47.6% |
| Furniture and vehicles | 24 | €24,499 | €36,907 | +€12,409 | +50.7% |
| Current assets | 29/58 | €155,357 | €169,130 | +€13,774 | +8.9% |
| Stocks and contracts in progress | 3 | €8,441 | €10,087 | +€1,646 | +19.5% |
| Stocks | 30/36 | €8,441 | €10,087 | +€1,646 | +19.5% |
| Amounts receivable within one year | 40/41 | €112,246 | €123,526 | +€11,280 | +10.0% |
| Trade receivables | 40 | €3,081 | €3,401 | +€320 | +10.4% |
| Other amounts receivable | 41 | €109,165 | €120,125 | +€10,960 | +10.0% |
| Cash at bank and in hand | 54/58 | €31,430 | €34,286 | +€2,856 | +9.1% |
| Deferred charges and accrued income | 490/1 | €3,240 | €1,232 | -€2,008 | -62.0% |
| Total equity and liabilities | 10/49 | €226,981 | €236,047 | +€9,066 | +4.0% |
| Equity | 10/15 | €112,762 | €114,245 | +€1,483 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,162 | €95,645 | +€1,483 | +1.6% |
| Distributable reserves | 133 | €94,162 | €95,645 | +€1,483 | +1.6% |
| Amounts payable | 17/49 | €114,219 | €121,802 | +€7,583 | +6.6% |
| Amounts payable after more than one year | 17 | €13,201 | €12,037 | -€1,165 | -8.8% |
| Financial debts | 170/4 | €13,201 | €12,037 | -€1,165 | -8.8% |
| Amounts payable within one year | 42/48 | €101,018 | €109,765 | +€8,748 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €11,222 | €16,040 | +€4,817 | +42.9% |
| Financial debts | 43 | €6,739 | €6,788 | +€48 | +0.7% |
| Credit institutions | 430/8 | €6,739 | €6,788 | +€48 | +0.7% |
| Trade debts | 44 | €35,146 | €49,815 | +€14,668 | +41.7% |
| Suppliers | 440/4 | €35,146 | €49,815 | +€14,668 | +41.7% |
| Taxes, remuneration and social security | 45 | €47,910 | €37,123 | -€10,786 | -22.5% |
| Taxes | 450/3 | €36,292 | €27,824 | -€8,468 | -23.3% |
| Remuneration and social security | 454/9 | €11,618 | €9,299 | -€2,318 | -20.0% |
| Remuneration, social security and pensions | 62 | €101,388 | €110,883 | +€9,496 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,937 | €27,834 | -€2,103 | -7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €4,005 | €4,207 | +€202 | +5.0% |
| Gross operating margin | 9900 | €175,367 | €151,357 | -€24,010 | -13.7% |
| Operating profit (loss) | 9901 | €40,038 | €5,433 | -€34,605 | -86.4% |
| Financial income | 75/76B | €24,412 | €5,948 | -€18,464 | -75.6% |
| Recurring financial income | 75 | €24,412 | €5,948 | -€18,464 | -75.6% |
| Financial charges | 65/66B | €5,386 | €7,326 | +€1,941 | +36.0% |
| Recurring financial charges | 65 | €5,386 | €7,326 | +€1,941 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €59,064 | €4,054 | -€55,010 | -93.1% |
| Income taxes | 67/77 | €16,703 | €2,571 | -€14,131 | -84.6% |
| Profit (loss) for the period | 9904 | €42,361 | €1,483 | -€40,878 | -96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €42,361 | €1,483 | -€40,878 | -96.5% |
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 22 October 2026 via checked.be.