TECA-BMD: 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.
TECA-BMD
Largest movements
- Tangible fixed assets -€29,377
down €29,377 (-3.2%), from €924,400 to €895,023
of which Land and buildings: -€28,587
- Cash -€15,786
down €15,786 (-97.4%), from €16,206 to €420
mainly Debts after one year (-€36,178) and Trade debts (-€11,442)
- Debts after one year -€36,178
down €36,178 (-5.7%), from €630,172 to €593,994
of which Financial debts: -€36,178
- Trade debts -€11,442
down €11,442 (-91.8%), from €12,469 to €1,027
- Gross operating margin -€8,310
down €8,310 (-15.2%), from €54,750 to €46,440
- Financial charges -€789
down €789 (-5.3%), from €14,947 to €14,158
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 | €949,532 | €903,866 | -€45,667 | -4.8% |
| Fixed assets | 21/28 | €924,400 | €895,023 | -€29,377 | -3.2% |
| Tangible fixed assets | 22/27 | €924,400 | €895,023 | -€29,377 | -3.2% |
| Land and buildings | 22 | €920,977 | €892,390 | -€28,587 | -3.1% |
| Plant, machinery and equipment | 23 | €3,423 | €2,633 | -€790 | -23.1% |
| Current assets | 29/58 | €25,132 | €8,843 | -€16,290 | -64.8% |
| Amounts receivable within one year | 40/41 | €8,605 | €8,089 | -€516 | -6.0% |
| Other amounts receivable | 41 | €8,605 | €8,089 | -€516 | -6.0% |
| Cash at bank and in hand | 54/58 | €16,206 | €420 | -€15,786 | -97.4% |
| Deferred charges and accrued income | 490/1 | €322 | €334 | +€12 | +3.8% |
| Total equity and liabilities | 10/49 | €949,532 | €903,866 | -€45,667 | -4.8% |
| Equity | 10/15 | €31,493 | €29,353 | -€2,140 | -6.8% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,507 | -€95,647 | -€2,140 | -2.3% |
| Amounts payable | 17/49 | €918,039 | €874,513 | -€43,526 | -4.7% |
| Amounts payable after more than one year | 17 | €630,172 | €593,994 | -€36,178 | -5.7% |
| Financial debts | 170/4 | €622,472 | €586,294 | -€36,178 | -5.8% |
| Other amounts payable | 178/9 | €7,700 | €7,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €287,868 | €280,519 | -€7,349 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €35,398 | €36,178 | +€779 | +2.2% |
| Financial debts | 43 | - | €3,314 | +€3,314 | |
| Credit institutions | 430/8 | - | €3,314 | +€3,314 | |
| Trade debts | 44 | €12,469 | €1,027 | -€11,442 | -91.8% |
| Suppliers | 440/4 | €12,469 | €1,027 | -€11,442 | -91.8% |
| Other amounts payable | 47/48 | €240,000 | €240,000 | = | 0.0% |
| Non-recurring operating income | 76A | €150 | €6,492 | +€6,342 | +4227.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,114 | €29,377 | +€263 | +0.9% |
| Other operating charges | 640/8 | €4,988 | €5,088 | +€100 | +2.0% |
| Gross operating margin | 9900 | €54,750 | €46,440 | -€8,310 | -15.2% |
| Operating profit (loss) | 9901 | €20,648 | €11,974 | -€8,673 | -42.0% |
| Financial income | 75/76B | €139 | €43 | -€97 | -69.4% |
| Recurring financial income | 75 | €139 | €43 | -€97 | -69.4% |
| Financial charges | 65/66B | €14,947 | €14,158 | -€789 | -5.3% |
| Recurring financial charges | 65 | €14,947 | €14,158 | -€789 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €5,841 | -€2,140 | -€7,981 | |
| Profit (loss) for the period | 9904 | €5,841 | -€2,140 | -€7,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,841 | -€2,140 | -€7,981 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.