Tee&Tee: 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.
Tee&Tee
Largest movements
- Current investments +€892,535
up €892,535 (+59.5%), from €1.5m to €2.4m
- Receivables within one year +€58,035
up €58,035 (+87.7%), from €66,140 to €124,175
- Reserves +€1.4m
up €1.4m (+88.7%), from €1.6m to €3.0m
- Tax, wage and social debts -€385,928
down €385,928 (-43.2%), from €893,780 to €507,852
- Other debts -€61,961
down €61,961 (-55.2%), from €112,154 to €50,193
- Gross operating margin -€159,326
down €159,326 (-7.9%), from €2.0m to €1.9m
- Taxes -€158,824
down €158,824 (-25.3%), from €627,628 to €468,804
- Financial income +€76,131
up €76,131 (+1765.6%), from €4,312 to €80,443
- Financial charges +€46,743
up €46,743 (+450.6%), from €10,373 to €57,116
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 | €2,594,221 | €3,533,221 | +€939,000 | +36.2% |
| Fixed assets | 21/28 | €97,817 | €99,042 | +€1,224 | +1.3% |
| Tangible fixed assets | 22/27 | €97,817 | €99,042 | +€1,224 | +1.3% |
| Plant, machinery and equipment | 23 | €1,458 | €1,295 | -€162 | -11.1% |
| Furniture and vehicles | 24 | €73,860 | €75,247 | +€1,387 | +1.9% |
| Other tangible fixed assets | 26 | €22,500 | €22,500 | = | 0.0% |
| Current assets | 29/58 | €2,496,403 | €3,434,179 | +€937,776 | +37.6% |
| Amounts receivable within one year | 40/41 | €66,140 | €124,175 | +€58,035 | +87.7% |
| Trade receivables | 40 | €66,140 | €124,175 | +€58,035 | +87.7% |
| Current investments | 50/53 | €1,500,000 | €2,392,535 | +€892,535 | +59.5% |
| Cash at bank and in hand | 54/58 | €929,259 | €915,435 | -€13,823 | -1.5% |
| Deferred charges and accrued income | 490/1 | €1,005 | €2,033 | +€1,028 | +102.3% |
| Total equity and liabilities | 10/49 | €2,594,221 | €3,533,221 | +€939,000 | +36.2% |
| Equity | 10/15 | €1,573,536 | €2,964,675 | +€1.4m | +88.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,568,536 | €2,959,675 | +€1.4m | +88.7% |
| Distributable reserves | 133 | €1,568,536 | €2,959,675 | +€1.4m | +88.7% |
| Amounts payable | 17/49 | €1,020,685 | €568,546 | -€452,139 | -44.3% |
| Amounts payable within one year | 42/48 | €1,011,132 | €568,546 | -€442,586 | -43.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,198 | €10,502 | +€5,303 | +102.0% |
| Suppliers | 440/4 | €5,198 | €10,502 | +€5,303 | +102.0% |
| Taxes, remuneration and social security | 45 | €893,780 | €507,852 | -€385,928 | -43.2% |
| Taxes | 450/3 | €893,780 | €507,852 | -€385,928 | -43.2% |
| Other amounts payable | 47/48 | €112,154 | €50,193 | -€61,961 | -55.2% |
| Accrued charges and deferred income | 492/3 | €9,553 | €0 | -€9,553 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,831 | €4,840 | -€16,991 | -77.8% |
| Other operating charges | 640/8 | €655 | €1,419 | +€764 | +116.6% |
| Non-recurring operating charges | 66A | - | €7,938 | +€7,938 | |
| Gross operating margin | 9900 | €2,010,138 | €1,850,812 | -€159,326 | -7.9% |
| Operating profit (loss) | 9901 | €1,987,652 | €1,836,616 | -€151,036 | -7.6% |
| Financial income | 75/76B | €4,312 | €80,443 | +€76,131 | +1765.6% |
| Recurring financial income | 75 | €4,312 | €80,443 | +€76,131 | +1765.6% |
| Financial charges | 65/66B | €10,373 | €57,116 | +€46,743 | +450.6% |
| Recurring financial charges | 65 | €10,373 | €57,116 | +€46,743 | +450.6% |
| Profit (loss) for the period before taxes | 9903 | €1,981,591 | €1,859,943 | -€121,649 | -6.1% |
| Income taxes | 67/77 | €627,628 | €468,804 | -€158,824 | -25.3% |
| Profit (loss) for the period | 9904 | €1,353,963 | €1,391,139 | +€37,176 | +2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,353,963 | €1,391,139 | +€37,176 | +2.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.