TeeCee: 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.
TeeCee
Largest movements
- Cash -€10,930
down €10,930 (-16.2%), from €67,505 to €56,574
mainly Contributions, distributions and other (-€50,000) and Investment in fixed assets (net) (-€9,862)
- Stocks and contracts +€4,872
new in 2025: €4,872
- Receivables within one year +€4,578
up €4,578 (+27.3%), from €16,775 to €21,353
of which Trade receivables: +€3,447
- Tangible fixed assets +€3,904
up €3,904 (+16.5%), from €23,681 to €27,585
of which Furniture and vehicles: +€7,986
- Other debts +€25,000
up €25,000 (+100.0%), from €25,000 to €50,000
- Reserves -€20,141
down €20,141 (-29.7%), from €67,803 to €47,662
- Trade debts -€2,111
down €2,111 (-99.1%), from €2,131 to €20
- Gross operating margin -€5,605
down €5,605 (-11.2%), from €50,128 to €44,522
- Depreciation +€1,438
up €1,438 (+31.8%), from €4,519 to €5,958
- Taxes -€1,352
down €1,352 (-13.8%), from €9,814 to €8,462
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 | €107,961 | €110,384 | +€2,423 | +2.2% |
| Fixed assets | 21/28 | €23,681 | €27,585 | +€3,904 | +16.5% |
| Tangible fixed assets | 22/27 | €23,681 | €27,585 | +€3,904 | +16.5% |
| Plant, machinery and equipment | 23 | €7,083 | €5,255 | -€1,828 | -25.8% |
| Furniture and vehicles | 24 | €2,578 | €10,564 | +€7,986 | +309.8% |
| Other tangible fixed assets | 26 | €14,020 | €11,766 | -€2,254 | -16.1% |
| Current assets | 29/58 | €84,280 | €82,799 | -€1,481 | -1.8% |
| Stocks and contracts in progress | 3 | - | €4,872 | +€4,872 | |
| Stocks | 30/36 | - | €4,872 | +€4,872 | |
| Amounts receivable within one year | 40/41 | €16,775 | €21,353 | +€4,578 | +27.3% |
| Trade receivables | 40 | €14,296 | €17,743 | +€3,447 | +24.1% |
| Other amounts receivable | 41 | €2,479 | €3,610 | +€1,131 | +45.6% |
| Cash at bank and in hand | 54/58 | €67,505 | €56,574 | -€10,930 | -16.2% |
| Total equity and liabilities | 10/49 | €107,961 | €110,384 | +€2,423 | +2.2% |
| Equity | 10/15 | €70,803 | €50,662 | -€20,141 | -28.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €67,803 | €47,662 | -€20,141 | -29.7% |
| Distributable reserves | 133 | €67,803 | €47,662 | -€20,141 | -29.7% |
| Amounts payable | 17/49 | €37,157 | €59,722 | +€22,564 | +60.7% |
| Amounts payable within one year | 42/48 | €37,157 | €59,722 | +€22,564 | +60.7% |
| Trade debts | 44 | €2,131 | €20 | -€2,111 | -99.1% |
| Suppliers | 440/4 | €2,131 | €20 | -€2,111 | -99.1% |
| Taxes, remuneration and social security | 45 | €10,026 | €9,702 | -€325 | -3.2% |
| Taxes | 450/3 | €10,026 | €9,702 | -€325 | -3.2% |
| Other amounts payable | 47/48 | €25,000 | €50,000 | +€25,000 | +100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,519 | €5,958 | +€1,438 | +31.8% |
| Other operating charges | 640/8 | €288 | €128 | -€161 | -55.7% |
| Gross operating margin | 9900 | €50,128 | €44,522 | -€5,605 | -11.2% |
| Operating profit (loss) | 9901 | €45,320 | €38,437 | -€6,883 | -15.2% |
| Financial income | 75/76B | €0 | €12 | +€12 | +30525.0% |
| Recurring financial income | 75 | €0 | €12 | +€12 | +30525.0% |
| Financial charges | 65/66B | €202 | €128 | -€74 | -36.6% |
| Recurring financial charges | 65 | €202 | €128 | -€74 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €45,118 | €38,321 | -€6,797 | -15.1% |
| Income taxes | 67/77 | €9,814 | €8,462 | -€1,352 | -13.8% |
| Profit (loss) for the period | 9904 | €35,304 | €29,859 | -€5,445 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €35,304 | €29,859 | -€5,445 | -15.4% |
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 6 October 2026 via checked.be.