TEDECE: 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.
TEDECE
Largest movements
- Tangible fixed assets -€14,695
down €14,695 (-22.7%), from €64,730 to €50,036
of which Furniture and vehicles: -€15,811
- Cash -€8,778
down €8,778 (-51.7%), from €16,975 to €8,197
mainly Contributions, distributions and other (-€48,000) and Debts after one year (-€12,801)
- Profit (loss) carried forward -€31,753
down €31,753 (-91.0%), from €34,878 to €3,125
- Debts after one year -€12,801
down €12,801 (-28.6%), from €44,803 to €32,002
- Reserves +€10,000
up €10,000 (+44.8%), from €22,340 to €32,340
- Other debts +€7,500
up €7,500 (+137.0%), from €5,476 to €12,976
- Other operating charges +€13,469
up €13,469 (+473.6%), from €2,844 to €16,313
- Gross operating margin +€7,371
up €7,371 (+12.2%), from €60,652 to €68,023
- Depreciation +€3,634
up €3,634 (+29.8%), from €12,201 to €15,834
- Taxes -€2,506
down €2,506 (-23.9%), from €10,477 to €7,970
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 | €143,620 | €119,205 | -€24,415 | -17.0% |
| Fixed assets | 21/28 | €64,730 | €50,036 | -€14,695 | -22.7% |
| Tangible fixed assets | 22/27 | €64,730 | €50,036 | -€14,695 | -22.7% |
| Plant, machinery and equipment | 23 | - | €1,116 | +€1,116 | |
| Furniture and vehicles | 24 | €64,730 | €48,920 | -€15,811 | -24.4% |
| Current assets | 29/58 | €78,890 | €69,169 | -€9,721 | -12.3% |
| Amounts receivable within one year | 40/41 | €61,915 | €60,972 | -€943 | -1.5% |
| Trade receivables | 40 | €29,816 | €40,435 | +€10,619 | +35.6% |
| Other amounts receivable | 41 | €32,099 | €20,536 | -€11,562 | -36.0% |
| Cash at bank and in hand | 54/58 | €16,975 | €8,197 | -€8,778 | -51.7% |
| Total equity and liabilities | 10/49 | €143,620 | €119,205 | -€24,415 | -17.0% |
| Equity | 10/15 | €58,218 | €36,465 | -€21,753 | -37.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €22,340 | €32,340 | +€10,000 | +44.8% |
| Distributable reserves | 133 | €22,340 | €32,340 | +€10,000 | +44.8% |
| Profit (loss) carried forward | 14 | €34,878 | €3,125 | -€31,753 | -91.0% |
| Amounts payable | 17/49 | €85,402 | €82,740 | -€2,662 | -3.1% |
| Amounts payable after more than one year | 17 | €44,803 | €32,002 | -€12,801 | -28.6% |
| Financial debts | 170/4 | €44,803 | €32,002 | -€12,801 | -28.6% |
| Amounts payable within one year | 42/48 | €40,599 | €50,738 | +€10,139 | +25.0% |
| Current portion of amounts payable after more than one year | 42 | €12,284 | €12,801 | +€517 | +4.2% |
| Trade debts | 44 | €2,778 | €4,060 | +€1,282 | +46.1% |
| Suppliers | 440/4 | €2,778 | €4,060 | +€1,282 | +46.1% |
| Taxes, remuneration and social security | 45 | €20,060 | €20,901 | +€840 | +4.2% |
| Taxes | 450/3 | €20,060 | €20,901 | +€840 | +4.2% |
| Other amounts payable | 47/48 | €5,476 | €12,976 | +€7,500 | +137.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,201 | €15,834 | +€3,634 | +29.8% |
| Other operating charges | 640/8 | €2,844 | €16,313 | +€13,469 | +473.6% |
| Gross operating margin | 9900 | €60,652 | €68,023 | +€7,371 | +12.2% |
| Operating profit (loss) | 9901 | €45,607 | €35,875 | -€9,732 | -21.3% |
| Financial income | 75/76B | €1,090 | €795 | -€294 | -27.0% |
| Recurring financial income | 75 | €1,090 | €795 | -€294 | -27.0% |
| Financial charges | 65/66B | €2,318 | €2,453 | +€135 | +5.8% |
| Recurring financial charges | 65 | €2,318 | €2,453 | +€135 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €44,378 | €34,217 | -€10,161 | -22.9% |
| Income taxes | 67/77 | €10,477 | €7,970 | -€2,506 | -23.9% |
| Profit (loss) for the period | 9904 | €33,901 | €26,247 | -€7,654 | -22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,901 | €26,247 | -€7,654 | -22.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.