Tedecon Engineering Brussel: 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.
Tedecon Engineering Brussel
Largest movements
- Tangible fixed assets -€14,731
no longer reported in 2025 (was €14,731)
of which Plant, machinery and equipment: -€9,792
- Deferred charges and accrued income -€5,667
no longer reported in 2025 (was €5,667)
- Receivables within one year +€3,893
up €3,893 (+21.9%), from €17,739 to €21,632
of which Trade receivables: +€18,787
- Cash -€3,211
down €3,211 (-13.1%), from €24,539 to €21,328
mainly Net result for the year (-€13,559) and Trade debts (-€5,067)
- Profit (loss) carried forward -€13,559
down €13,559 (-232%), from -€5,845 to -€19,404
- Trade debts -€5,067
down €5,067 (-93.8%), from €5,401 to €334
- Other debts -€826
no longer reported in 2025 (was €826)
- Gross operating margin -€32,063
down €32,063, from €13,995 to -€18,068
- Financial income +€8,020
up €8,020 (+5,044%), from €159 to €8,179
of which Non-recurring financial income: +€7,776
- Depreciation -€785
down €785 (-20.2%), from €3,887 to €3,102
- Financial charges -€379
down €379 (-60.8%), from €623 to €244
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 | €65,387 | €45,671 | -€19,716 | -30.2% |
| Fixed assets | 21/28 | €14,731 | - | -€14,731 | |
| Tangible fixed assets | 22/27 | €14,731 | - | -€14,731 | |
| Plant, machinery and equipment | 23 | €9,792 | - | -€9,792 | |
| Furniture and vehicles | 24 | €4,939 | - | -€4,939 | |
| Current assets | 29/58 | €50,656 | €45,671 | -€4,985 | -9.8% |
| Amounts receivable after more than one year | 29 | €2,711 | €2,711 | = | 0.0% |
| Other amounts receivable | 291 | €2,711 | €2,711 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,739 | €21,632 | +€3,893 | +21.9% |
| Trade receivables | 40 | €2,845 | €21,632 | +€18,787 | +660% |
| Other amounts receivable | 41 | €14,894 | - | -€14,894 | |
| Cash at bank and in hand | 54/58 | €24,539 | €21,328 | -€3,211 | -13.1% |
| Deferred charges and accrued income | 490/1 | €5,667 | - | -€5,667 | |
| Total equity and liabilities | 10/49 | €65,387 | €45,671 | -€19,716 | -30.2% |
| Equity | 10/15 | €58,896 | €45,337 | -€13,559 | -23.0% |
| Reserves | 13 | €64,741 | €64,741 | = | 0.0% |
| Distributable reserves | 133 | €64,741 | €64,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,845 | -€19,404 | -€13,559 | -232% |
| Amounts payable | 17/49 | €6,491 | €334 | -€6,157 | -94.9% |
| Amounts payable within one year | 42/48 | €6,227 | €334 | -€5,893 | -94.6% |
| Trade debts | 44 | €5,401 | €334 | -€5,067 | -93.8% |
| Suppliers | 440/4 | €5,401 | €334 | -€5,067 | -93.8% |
| Other amounts payable | 47/48 | €826 | - | -€826 | |
| Accrued charges and deferred income | 492/3 | €264 | - | -€264 | |
| Non-recurring operating income | 76A | €14,844 | - | -€14,844 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,887 | €3,102 | -€785 | -20.2% |
| Other operating charges | 640/8 | €195 | €324 | +€129 | +66.2% |
| Gross operating margin | 9900 | €13,995 | -€18,068 | -€32,063 | |
| Operating profit (loss) | 9901 | €9,913 | -€21,494 | -€31,407 | |
| Financial income | 75/76B | €159 | €8,179 | +€8,020 | +5,044% |
| Recurring financial income | 75 | €159 | €403 | +€244 | +153% |
| Non-recurring financial income | 76B | - | €7,776 | +€7,776 | |
| Financial charges | 65/66B | €623 | €244 | -€379 | -60.8% |
| Recurring financial charges | 65 | €623 | €244 | -€379 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €9,449 | -€13,559 | -€23,008 | |
| Profit (loss) for the period | 9904 | €9,449 | -€13,559 | -€23,008 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,449 | -€13,559 | -€23,008 |
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 16 October 2026 via checked.be.