TDYR STABLES: 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.
TDYR STABLES
Largest movements
- Tangible fixed assets -€13,348
down €13,348 (-2.6%), from €514,958 to €501,610
of which Land and buildings: -€13,046
- Stocks and contracts -€8,000
down €8,000 (-29.4%), from €27,250 to €19,250
- Debts after one year -€29,515
down €29,515 (-7.3%), from €404,355 to €374,840
- Reserves +€13,831
up €13,831 (+16.8%), from €82,256 to €96,087
of which Distributable reserves: +€13,831
- Other debts -€13,810
down €13,810 (-52.7%), from €26,230 to €12,420
- Tax, wage and social debts +€9,111
up €9,111 (+276%), from €3,304 to €12,415
- Gross operating margin +€25,654
up €25,654 (+105%), from €24,455 to €50,109
- Provisions +€9,232
up €9,232, from -€9,232 to €0
- Taxes +€6,643
up €6,643 (+2,521%), from €263 to €6,906
- Other operating charges +€825
up €825 (+45.8%), from €1,803 to €2,628
- Financial charges -€589
down €589 (-5.2%), from €11,345 to €10,756
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 | €565,035 | €543,323 | -€21,712 | -3.8% |
| Fixed assets | 21/28 | €515,093 | €501,745 | -€13,348 | -2.6% |
| Tangible fixed assets | 22/27 | €514,958 | €501,610 | -€13,348 | -2.6% |
| Land and buildings | 22 | €510,141 | €497,095 | -€13,046 | -2.6% |
| Plant, machinery and equipment | 23 | €4,817 | €4,515 | -€302 | -6.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €49,943 | €41,578 | -€8,364 | -16.7% |
| Stocks and contracts in progress | 3 | €27,250 | €19,250 | -€8,000 | -29.4% |
| Stocks | 30/36 | €27,250 | €19,250 | -€8,000 | -29.4% |
| Amounts receivable within one year | 40/41 | €3,382 | €5,311 | +€1,929 | +57.0% |
| Trade receivables | 40 | €3,382 | €5,311 | +€1,929 | +57.0% |
| Cash at bank and in hand | 54/58 | €19,311 | €17,018 | -€2,293 | -11.9% |
| Total equity and liabilities | 10/49 | €565,035 | €543,323 | -€21,712 | -3.8% |
| Equity | 10/15 | €94,656 | €108,487 | +€13,831 | +14.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €82,256 | €96,087 | +€13,831 | +16.8% |
| 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 | €80,396 | €94,227 | +€13,831 | +17.2% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Amounts payable | 17/49 | €470,380 | €434,836 | -€35,544 | -7.6% |
| Amounts payable after more than one year | 17 | €404,355 | €374,840 | -€29,515 | -7.3% |
| Financial debts | 170/4 | €404,355 | €374,840 | -€29,515 | -7.3% |
| Amounts payable within one year | 42/48 | €66,024 | €59,996 | -€6,029 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €29,132 | €31,147 | +€2,015 | +6.9% |
| Trade debts | 44 | €7,358 | €4,014 | -€3,345 | -45.5% |
| Suppliers | 440/4 | €7,358 | €4,014 | -€3,345 | -45.5% |
| Taxes, remuneration and social security | 45 | €3,304 | €12,415 | +€9,111 | +276% |
| Taxes | 450/3 | €3,304 | €12,415 | +€9,111 | +276% |
| Other amounts payable | 47/48 | €26,230 | €12,420 | -€13,810 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,593 | €16,043 | +€450 | +2.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€9,232 | €0 | +€9,232 | |
| Other operating charges | 640/8 | €1,803 | €2,628 | +€825 | +45.8% |
| Gross operating margin | 9900 | €24,455 | €50,109 | +€25,654 | +105% |
| Operating profit (loss) | 9901 | €16,291 | €31,438 | +€15,147 | +93.0% |
| Financial income | 75/76B | €13 | €55 | +€42 | +329% |
| Recurring financial income | 75 | €13 | €55 | +€42 | +329% |
| Financial charges | 65/66B | €11,345 | €10,756 | -€589 | -5.2% |
| Recurring financial charges | 65 | €11,345 | €10,756 | -€589 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €4,959 | €20,738 | +€15,778 | +318% |
| Income taxes | 67/77 | €263 | €6,906 | +€6,643 | +2,521% |
| Profit (loss) for the period | 9904 | €4,696 | €13,831 | +€9,136 | +195% |
| Profit (loss) for the period to be appropriated | 9905 | €4,696 | €13,831 | +€9,136 | +195% |
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 17 October 2026 via checked.be.