TEDIS: 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.
TEDIS
Largest movements
- Receivables within one year +€54,098
up €54,098 (+74.4%), from €72,736 to €126,834
of which Other amounts receivable: +€33,820
- Cash +€18,217
up €18,217 (+19.0%), from €96,038 to €114,255
mainly Other debts (+€80,105) and Net result for the year (+€53,594)
- Tangible fixed assets -€13,525
down €13,525 (-30.3%), from €44,619 to €31,094
- Other debts +€80,105
up €80,105 (+1991.3%), from €4,023 to €84,128
- Reserves -€36,072
down €36,072 (-19.9%), from €181,678 to €145,606
of which Distributable reserves: -€36,072
- Tax, wage and social debts +€14,607
up €14,607 (+72.6%), from €20,125 to €34,732
of which Taxes: +€18,027
- Gross operating margin +€20,429
up €20,429 (+31.1%), from €65,684 to €86,113
- Taxes +€6,861
up €6,861 (+43.0%), from €15,939 to €22,800
- Financial income +€4,013
up €4,013 (+416.9%), from €963 to €4,976
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 | €214,150 | €272,183 | +€58,033 | +27.1% |
| Fixed assets | 21/28 | €44,619 | €31,094 | -€13,525 | -30.3% |
| Tangible fixed assets | 22/27 | €44,619 | €31,094 | -€13,525 | -30.3% |
| Furniture and vehicles | 24 | €44,619 | €31,094 | -€13,525 | -30.3% |
| Current assets | 29/58 | €169,531 | €241,089 | +€71,558 | +42.2% |
| Amounts receivable within one year | 40/41 | €72,736 | €126,834 | +€54,098 | +74.4% |
| Trade receivables | 40 | €19,059 | €39,337 | +€20,278 | +106.4% |
| Other amounts receivable | 41 | €53,677 | €87,497 | +€33,820 | +63.0% |
| Cash at bank and in hand | 54/58 | €96,038 | €114,255 | +€18,217 | +19.0% |
| Deferred charges and accrued income | 490/1 | €757 | €0 | -€757 | -100.0% |
| Total equity and liabilities | 10/49 | €214,150 | €272,183 | +€58,033 | +27.1% |
| Equity | 10/15 | €187,878 | €151,806 | -€36,072 | -19.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €181,678 | €145,606 | -€36,072 | -19.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €181,678 | €145,606 | -€36,072 | -19.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,272 | €120,377 | +€94,105 | +358.2% |
| Amounts payable within one year | 42/48 | €26,272 | €120,377 | +€94,105 | +358.2% |
| Trade debts | 44 | €2,124 | €1,516 | -€608 | -28.6% |
| Suppliers | 440/4 | €2,124 | €1,516 | -€608 | -28.6% |
| Taxes, remuneration and social security | 45 | €20,125 | €34,732 | +€14,607 | +72.6% |
| Taxes | 450/3 | €16,705 | €34,732 | +€18,027 | +107.9% |
| Remuneration and social security | 454/9 | €3,420 | €0 | -€3,420 | -100.0% |
| Other amounts payable | 47/48 | €4,023 | €84,128 | +€80,105 | +1991.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,525 | €13,525 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,148 | €916 | -€232 | -20.2% |
| Gross operating margin | 9900 | €65,684 | €86,113 | +€20,429 | +31.1% |
| Operating profit (loss) | 9901 | €51,011 | €71,672 | +€20,661 | +40.5% |
| Financial income | 75/76B | €963 | €4,976 | +€4,013 | +416.9% |
| Recurring financial income | 75 | €963 | €4,976 | +€4,013 | +416.9% |
| Financial charges | 65/66B | €366 | €254 | -€112 | -30.5% |
| Recurring financial charges | 65 | €366 | €254 | -€112 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €51,608 | €76,394 | +€24,786 | +48.0% |
| Income taxes | 67/77 | €15,939 | €22,800 | +€6,861 | +43.0% |
| Profit (loss) for the period | 9904 | €35,669 | €53,594 | +€17,925 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,669 | €53,594 | +€17,925 | +50.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.