Teaux: 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.
Teaux
Largest movements
- Cash -€11,650
down €11,650 (-26.8%), from €43,472 to €31,822
mainly Net result for the year (-€7,120) and Debts after one year (-€5,840)
- Tangible fixed assets -€7,356
down €7,356 (-29.0%), from €25,342 to €17,986
of which Other tangible fixed assets: -€6,368
- Receivables within one year -€3,299
down €3,299 (-59.7%), from €5,524 to €2,225
of which Trade receivables: -€3,119
- Profit (loss) carried forward -€7,120
down €7,120 (-52.5%), from €13,565 to €6,445
- Debts after one year -€5,840
down €5,840 (-100%), from €5,840 to €0
- Trade debts -€3,767
down €3,767 (-96.2%), from €3,915 to €148
- Tax, wage and social debts -€3,046
down €3,046 (-83.5%), from €3,648 to €602
- Current portion of long-term debt -€1,757
down €1,757 (-23.1%), from €7,598 to €5,840
- Gross operating margin -€7,908
down €7,908 (-81.2%), from €9,734 to €1,825
- Taxes -€821
down €821 (-86.2%), from €951 to €131
- Financial charges -€221
down €221 (-33.2%), from €665 to €444
- Staff costs +€156
up €156, from -€156 to €0
- Depreciation +€155
up €155 (+2.2%), from €7,201 to €7,356
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 | €92,200 | €69,391 | -€22,810 | -24.7% |
| Fixed assets | 21/28 | €28,342 | €20,986 | -€7,356 | -26.0% |
| Tangible fixed assets | 22/27 | €25,342 | €17,986 | -€7,356 | -29.0% |
| Furniture and vehicles | 24 | €3,055 | €2,067 | -€988 | -32.4% |
| Other tangible fixed assets | 26 | €22,287 | €15,919 | -€6,368 | -28.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €63,859 | €48,405 | -€15,454 | -24.2% |
| Stocks and contracts in progress | 3 | €14,474 | €14,068 | -€405 | -2.8% |
| Stocks | 30/36 | €14,474 | €14,068 | -€405 | -2.8% |
| Amounts receivable within one year | 40/41 | €5,524 | €2,225 | -€3,299 | -59.7% |
| Trade receivables | 40 | €3,475 | €356 | -€3,119 | -89.8% |
| Other amounts receivable | 41 | €2,049 | €1,869 | -€179 | -8.8% |
| Cash at bank and in hand | 54/58 | €43,472 | €31,822 | -€11,650 | -26.8% |
| Deferred charges and accrued income | 490/1 | €389 | €289 | -€100 | -25.7% |
| Total equity and liabilities | 10/49 | €92,200 | €69,391 | -€22,810 | -24.7% |
| Equity | 10/15 | €62,981 | €55,861 | -€7,120 | -11.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €30,866 | €30,866 | = | 0.0% |
| Distributable reserves | 133 | €30,866 | €30,866 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,565 | €6,445 | -€7,120 | -52.5% |
| Amounts payable | 17/49 | €29,220 | €13,530 | -€15,690 | -53.7% |
| Amounts payable after more than one year | 17 | €5,840 | €0 | -€5,840 | -100% |
| Financial debts | 170/4 | €5,840 | €0 | -€5,840 | -100% |
| Amounts payable within one year | 42/48 | €23,379 | €13,530 | -€9,849 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €7,598 | €5,840 | -€1,757 | -23.1% |
| Trade debts | 44 | €3,915 | €148 | -€3,767 | -96.2% |
| Suppliers | 440/4 | €3,915 | €148 | -€3,767 | -96.2% |
| Taxes, remuneration and social security | 45 | €3,648 | €602 | -€3,046 | -83.5% |
| Taxes | 450/3 | €3,648 | €602 | -€3,046 | -83.5% |
| Other amounts payable | 47/48 | €8,218 | €6,940 | -€1,278 | -15.6% |
| Remuneration, social security and pensions | 62 | -€156 | €0 | +€156 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,201 | €7,356 | +€155 | +2.2% |
| Other operating charges | 640/8 | €914 | €1,014 | +€100 | +11.0% |
| Gross operating margin | 9900 | €9,734 | €1,825 | -€7,908 | -81.2% |
| Operating profit (loss) | 9901 | €1,776 | -€6,545 | -€8,320 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €665 | €444 | -€221 | -33.2% |
| Recurring financial charges | 65 | €665 | €444 | -€221 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €1,111 | -€6,989 | -€8,100 | |
| Income taxes | 67/77 | €951 | €131 | -€821 | -86.2% |
| Profit (loss) for the period | 9904 | €159 | -€7,120 | -€7,279 | |
| Profit (loss) for the period to be appropriated | 9905 | €159 | -€7,120 | -€7,279 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.