TEDE COMICS: 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.
TEDE COMICS
Largest movements
- Current investments +€28,479
up €28,479 (+14.4%), from €197,767 to €226,246
- Cash -€17,781
down €17,781 (-54.8%), from €32,473 to €14,692
mainly Contributions, distributions and other (-€48,288) and Current investments (-€28,479)
- Tangible fixed assets -€14,088
down €14,088 (-30.1%), from €46,746 to €32,658
of which Furniture and vehicles: -€13,254
- Receivables within one year -€4,136
down €4,136 (-29.7%), from €13,910 to €9,775
of which Trade receivables: -€3,347
- Reserves -€9,122
down €9,122 (-4.1%), from €224,472 to €215,350
of which Distributable reserves: -€9,122
- Other debts +€5,628
up €5,628 (+11.9%), from €47,265 to €52,893
- Tax, wage and social debts -€4,786
down €4,786 (-54.9%), from €8,720 to €3,934
of which Taxes: -€4,789
- Gross operating margin +€43,385
up €43,385 (+134.1%), from €32,351 to €75,736
- Taxes +€13,339
up €13,339 (+159.0%), from €8,390 to €21,729
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 | €291,765 | €283,371 | -€8,394 | -2.9% |
| Formation expenses | 20 | €869 | - | -€869 | |
| Fixed assets | 21/28 | €46,746 | €32,658 | -€14,088 | -30.1% |
| Tangible fixed assets | 22/27 | €46,746 | €32,658 | -€14,088 | -30.1% |
| Plant, machinery and equipment | 23 | €2,845 | €2,011 | -€834 | -29.3% |
| Furniture and vehicles | 24 | €43,901 | €30,647 | -€13,254 | -30.2% |
| Current assets | 29/58 | €244,150 | €250,713 | +€6,563 | +2.7% |
| Amounts receivable within one year | 40/41 | €13,910 | €9,775 | -€4,136 | -29.7% |
| Trade receivables | 40 | €12,966 | €9,619 | -€3,347 | -25.8% |
| Other amounts receivable | 41 | €945 | €156 | -€789 | -83.5% |
| Current investments | 50/53 | €197,767 | €226,246 | +€28,479 | +14.4% |
| Cash at bank and in hand | 54/58 | €32,473 | €14,692 | -€17,781 | -54.8% |
| Total equity and liabilities | 10/49 | €291,765 | €283,371 | -€8,394 | -2.9% |
| Equity | 10/15 | €235,270 | €226,148 | -€9,122 | -3.9% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €224,472 | €215,350 | -€9,122 | -4.1% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €222,572 | €213,450 | -€9,122 | -4.1% |
| Profit (loss) carried forward | 14 | €4,193 | €4,193 | = | 0.0% |
| Amounts payable | 17/49 | €56,495 | €57,223 | +€728 | +1.3% |
| Amounts payable within one year | 42/48 | €56,495 | €57,223 | +€728 | +1.3% |
| Trade debts | 44 | €510 | €396 | -€114 | -22.4% |
| Suppliers | 440/4 | €510 | €396 | -€114 | -22.4% |
| Taxes, remuneration and social security | 45 | €8,720 | €3,934 | -€4,786 | -54.9% |
| Taxes | 450/3 | €7,884 | €3,095 | -€4,789 | -60.7% |
| Remuneration and social security | 454/9 | €835 | €839 | +€3 | +0.4% |
| Other amounts payable | 47/48 | €47,265 | €52,893 | +€5,628 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,191 | €15,402 | +€211 | +1.4% |
| Other operating charges | 640/8 | €554 | €817 | +€263 | +47.4% |
| Gross operating margin | 9900 | €32,351 | €75,736 | +€43,385 | +134.1% |
| Operating profit (loss) | 9901 | €16,607 | €59,517 | +€42,910 | +258.4% |
| Financial income | 75/76B | €1,693 | €2,119 | +€427 | +25.2% |
| Recurring financial income | 75 | €1,693 | €2,119 | +€427 | +25.2% |
| Financial charges | 65/66B | €636 | €741 | +€105 | +16.5% |
| Recurring financial charges | 65 | €636 | €741 | +€105 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €17,663 | €60,896 | +€43,232 | +244.8% |
| Income taxes | 67/77 | €8,390 | €21,729 | +€13,339 | +159.0% |
| Profit (loss) for the period | 9904 | €9,273 | €39,167 | +€29,894 | +322.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,273 | €39,167 | +€29,894 | +322.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.