TEBA: 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.
TEBA
Largest movements
- Deferred charges and accrued income -€6,574
down €6,574 (-88.6%), from €7,422 to €849
- Receivables within one year +€5,464
up €5,464 (+296.3%), from €1,844 to €7,308
- Tangible fixed assets -€3,947
down €3,947 (-3.0%), from €133,349 to €129,403
of which Land and buildings: -€2,482
- Tax, wage and social debts +€7,596
up €7,596 (+77.9%), from €9,746 to €17,342
of which Remuneration and social security: +€5,346
- Profit (loss) carried forward -€6,744
down €6,744 (-5.5%), from -€123,444 to -€130,187
- Trade debts -€5,008
down €5,008 (-68.0%), from €7,369 to €2,361
- Gross operating margin -€2,411
down €2,411 (-33.8%), from €7,134 to €4,723
- Depreciation -€375
down €375 (-8.7%), from €4,322 to €3,947
- Financial income +€260
new in 2026: €260
- Financial charges -€191
down €191 (-25.6%), from €745 to €554
- Other operating charges +€183
up €183 (+2.6%), from €7,043 to €7,226
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €367,035 | €362,605 | -€4,430 | -1.2% |
| Fixed assets | 21/28 | €134,685 | €130,738 | -€3,947 | -2.9% |
| Tangible fixed assets | 22/27 | €133,349 | €129,403 | -€3,947 | -3.0% |
| Land and buildings | 22 | €130,938 | €128,456 | -€2,482 | -1.9% |
| Furniture and vehicles | 24 | €2,411 | €947 | -€1,465 | -60.7% |
| Financial fixed assets | 28 | €1,335 | €1,335 | = | 0.0% |
| Current assets | 29/58 | €232,351 | €231,867 | -€483 | -0.2% |
| Stocks and contracts in progress | 3 | €128,974 | €126,664 | -€2,310 | -1.8% |
| Stocks | 30/36 | €128,974 | €126,664 | -€2,310 | -1.8% |
| Amounts receivable within one year | 40/41 | €1,844 | €7,308 | +€5,464 | +296.3% |
| Trade receivables | 40 | €1,844 | €7,308 | +€5,464 | +296.3% |
| Cash at bank and in hand | 54/58 | €94,110 | €97,047 | +€2,936 | +3.1% |
| Deferred charges and accrued income | 490/1 | €7,422 | €849 | -€6,574 | -88.6% |
| Total equity and liabilities | 10/49 | €367,035 | €362,605 | -€4,430 | -1.2% |
| Equity | 10/15 | €349,646 | €342,903 | -€6,744 | -1.9% |
| Contributions | 10/11 | €463,561 | €463,561 | = | 0.0% |
| Reserves | 13 | €9,529 | €9,529 | = | 0.0% |
| Distributable reserves | 133 | €9,529 | €9,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€123,444 | -€130,187 | -€6,744 | -5.5% |
| Amounts payable | 17/49 | €17,389 | €19,703 | +€2,314 | +13.3% |
| Amounts payable within one year | 42/48 | €17,115 | €19,703 | +€2,587 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,369 | €2,361 | -€5,008 | -68.0% |
| Suppliers | 440/4 | €7,369 | €2,361 | -€5,008 | -68.0% |
| Taxes, remuneration and social security | 45 | €9,746 | €17,342 | +€7,596 | +77.9% |
| Taxes | 450/3 | €651 | €2,901 | +€2,250 | +345.4% |
| Remuneration and social security | 454/9 | €9,095 | €14,441 | +€5,346 | +58.8% |
| Accrued charges and deferred income | 492/3 | €274 | €0 | -€274 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,322 | €3,947 | -€375 | -8.7% |
| Other operating charges | 640/8 | €7,043 | €7,226 | +€183 | +2.6% |
| Gross operating margin | 9900 | €7,134 | €4,723 | -€2,411 | -33.8% |
| Operating profit (loss) | 9901 | -€4,230 | -€6,449 | -€2,218 | -52.4% |
| Financial income | 75/76B | - | €260 | +€260 | |
| Recurring financial income | 75 | - | €260 | +€260 | |
| Financial charges | 65/66B | €745 | €554 | -€191 | -25.6% |
| Recurring financial charges | 65 | €745 | €554 | -€191 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,976 | -€6,744 | -€1,768 | -35.5% |
| Profit (loss) for the period | 9904 | -€4,976 | -€6,744 | -€1,768 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,976 | -€6,744 | -€1,768 | -35.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.