TDSQVISION: what changed
Two fiscal 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.
TDSQVISION
Largest movements
- Cash -€33,771
down €33,771 (-62.2%), from €54,332 to €20,561
mainly Net result for the year (-€35,787) and Accrued charges and deferred income (-€16,079)
- Tangible fixed assets -€14,695
down €14,695 (-4.1%), from €361,977 to €347,283
of which Land and buildings: -€10,527
- Profit (loss) carried forward -€35,787
down €35,787 (-53.8%), from -€66,550 to -€102,337
- Accrued charges and deferred income -€16,079
no longer reported in 2025 (was €16,079)
- Gross operating margin +€16,530
up €16,530 (+63.0%), from -€26,239 to -€9,709
- Financial charges -€16,524
down €16,524 (-97.2%), from €17,003 to €479
- Other operating charges +€717
up €717 (+37.5%), from €1,909 to €2,625
- Depreciation +€691
up €691 (+4.9%), from €14,004 to €14,695
- Taxes +€436
new in 2025: €436
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 | €420,524 | €368,139 | -€52,386 | -12.5% |
| Fixed assets | 21/28 | €361,977 | €347,283 | -€14,695 | -4.1% |
| Tangible fixed assets | 22/27 | €361,977 | €347,283 | -€14,695 | -4.1% |
| Land and buildings | 22 | €348,431 | €337,904 | -€10,527 | -3.0% |
| Plant, machinery and equipment | 23 | €12,098 | €8,699 | -€3,399 | -28.1% |
| Furniture and vehicles | 24 | €1,449 | €680 | -€769 | -53.1% |
| Current assets | 29/58 | €58,547 | €20,856 | -€37,691 | -64.4% |
| Amounts receivable within one year | 40/41 | €4,215 | €295 | -€3,920 | -93.0% |
| Other amounts receivable | 41 | €4,215 | €295 | -€3,920 | -93.0% |
| Cash at bank and in hand | 54/58 | €54,332 | €20,561 | -€33,771 | -62.2% |
| Total equity and liabilities | 10/49 | €420,524 | €368,139 | -€52,386 | -12.5% |
| Equity | 10/15 | -€3,287 | -€39,073 | -€35,787 | -1088.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €60,764 | €60,764 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €60,514 | €60,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,550 | -€102,337 | -€35,787 | -53.8% |
| Amounts payable | 17/49 | €423,811 | €407,212 | -€16,599 | -3.9% |
| Amounts payable after more than one year | 17 | €366,250 | €366,250 | = | 0.0% |
| Other amounts payable | 178/9 | €366,250 | €366,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,482 | €40,962 | -€520 | -1.3% |
| Trade debts | 44 | €674 | €259 | -€415 | -61.6% |
| Suppliers | 440/4 | €674 | €259 | -€415 | -61.6% |
| Other amounts payable | 47/48 | €40,808 | €40,703 | -€104 | -0.3% |
| Accrued charges and deferred income | 492/3 | €16,079 | - | -€16,079 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,004 | €14,695 | +€691 | +4.9% |
| Other operating charges | 640/8 | €1,909 | €2,625 | +€717 | +37.5% |
| Non-recurring operating charges | 66A | - | €7,842 | +€7,842 | |
| Gross operating margin | 9900 | -€26,239 | -€9,709 | +€16,530 | +63.0% |
| Operating profit (loss) | 9901 | -€42,152 | -€34,872 | +€7,280 | +17.3% |
| Financial charges | 65/66B | €17,003 | €479 | -€16,524 | -97.2% |
| Recurring financial charges | 65 | €17,003 | €479 | -€16,524 | -97.2% |
| Profit (loss) for the period before taxes | 9903 | -€59,154 | -€35,351 | +€23,804 | +40.2% |
| Income taxes | 67/77 | - | €436 | +€436 | |
| Profit (loss) for the period | 9904 | -€59,154 | -€35,787 | +€23,368 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€59,154 | -€35,787 | +€23,368 | +39.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.