TECTIS ARDENNES: 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.
TECTIS ARDENNES
Largest movements
- Cash -€38,375
down €38,375 (-45.0%), from €85,286 to €46,911
mainly Net result for the year (-€35,489) and Trade debts (-€2,135)
- Profit (loss) carried forward -€35,489
down €35,489 (-25.4%), from €139,624 to €104,135
- Gross operating margin -€19,314
down €19,314 (-117%), from -€16,461 to -€35,775
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 | €710,427 | €672,803 | -€37,624 | -5.3% |
| Fixed assets | 21/28 | €567,297 | €567,297 | = | 0.0% |
| Tangible fixed assets | 22/27 | €567,297 | €567,297 | = | 0.0% |
| Land and buildings | 22 | €567,297 | €567,297 | = | 0.0% |
| Current assets | 29/58 | €143,130 | €105,507 | -€37,624 | -26.3% |
| Amounts receivable within one year | 40/41 | €13,842 | €14,006 | +€163 | +1.2% |
| Other amounts receivable | 41 | €13,842 | €14,006 | +€163 | +1.2% |
| Current investments | 50/53 | €44,002 | €44,590 | +€588 | +1.3% |
| Cash at bank and in hand | 54/58 | €85,286 | €46,911 | -€38,375 | -45.0% |
| Total equity and liabilities | 10/49 | €710,427 | €672,803 | -€37,624 | -5.3% |
| Equity | 10/15 | €703,567 | €668,078 | -€35,489 | -5.0% |
| Contributions | 10/11 | €563,100 | €563,100 | = | 0.0% |
| Reserves | 13 | €843 | €843 | = | 0.0% |
| Distributable reserves | 133 | €843 | €843 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,624 | €104,135 | -€35,489 | -25.4% |
| Amounts payable | 17/49 | €6,860 | €4,726 | -€2,135 | -31.1% |
| Amounts payable within one year | 42/48 | €6,860 | €4,726 | -€2,135 | -31.1% |
| Trade debts | 44 | €6,525 | €4,391 | -€2,135 | -32.7% |
| Suppliers | 440/4 | €6,525 | €4,391 | -€2,135 | -32.7% |
| Other amounts payable | 47/48 | €335 | €335 | = | 0.0% |
| Non-recurring operating income | 76A | €323 | - | -€323 | |
| Other operating charges | 640/8 | €451 | €400 | -€51 | -11.4% |
| Gross operating margin | 9900 | -€16,461 | -€35,775 | -€19,314 | -117% |
| Operating profit (loss) | 9901 | -€16,912 | -€36,175 | -€19,263 | -114% |
| Financial income | 75/76B | €831 | €839 | +€8 | +1.0% |
| Recurring financial income | 75 | €831 | €839 | +€8 | +1.0% |
| Financial charges | 65/66B | €153 | €154 | +€0 | +0.3% |
| Recurring financial charges | 65 | €153 | €154 | +€0 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,233 | -€35,489 | -€19,255 | -119% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€16,233 | -€35,489 | -€19,255 | -119% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,233 | -€35,489 | -€19,255 | -119% |
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.