TEEPEE: 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.
TEEPEE
Largest movements
- Current investments -€23,143
down €23,143 (-92.5%), from €25,012 to €1,868
- Receivables within one year -€5,308
down €5,308 (-98.5%), from €5,388 to €80
- Tangible fixed assets -€2,040
down €2,040 (-44.4%), from €4,593 to €2,553
of which Furniture and vehicles: -€1,854
- Cash -€1,311
down €1,311 (-27.3%), from €4,797 to €3,486
mainly Other debts (-€16,396) and Net result for the year (-€11,149)
- Deferred charges and accrued income -€447
down €447 (-27.4%), from €1,633 to €1,186
- Other debts -€16,396
down €16,396 (-98.0%), from €16,733 to €337
- Profit (loss) carried forward -€11,149
down €11,149, from €4,126 to -€7,023
- Trade debts -€3,198
down €3,198 (-77.2%), from €4,140 to €943
- Tax, wage and social debts -€1,507
down €1,507 (-66.9%), from €2,253 to €746
- Gross operating margin -€41,620
down €41,620, from €33,752 to -€7,868
- Depreciation -€1,583
down €1,583 (-43.7%), from €3,623 to €2,040
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 | €41,513 | €9,263 | -€32,250 | -77.7% |
| Fixed assets | 21/28 | €4,683 | €2,643 | -€2,040 | -43.6% |
| Tangible fixed assets | 22/27 | €4,593 | €2,553 | -€2,040 | -44.4% |
| Furniture and vehicles | 24 | €4,407 | €2,553 | -€1,854 | -42.1% |
| Other tangible fixed assets | 26 | €186 | - | -€186 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €36,829 | €6,620 | -€30,209 | -82.0% |
| Amounts receivable within one year | 40/41 | €5,388 | €80 | -€5,308 | -98.5% |
| Trade receivables | 40 | €5,388 | €80 | -€5,308 | -98.5% |
| Current investments | 50/53 | €25,012 | €1,868 | -€23,143 | -92.5% |
| Cash at bank and in hand | 54/58 | €4,797 | €3,486 | -€1,311 | -27.3% |
| Deferred charges and accrued income | 490/1 | €1,633 | €1,186 | -€447 | -27.4% |
| Total equity and liabilities | 10/49 | €41,513 | €9,263 | -€32,250 | -77.7% |
| Equity | 10/15 | €18,386 | €7,237 | -€11,149 | -60.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,126 | -€7,023 | -€11,149 | |
| Amounts payable | 17/49 | €23,126 | €2,026 | -€21,101 | -91.2% |
| Amounts payable within one year | 42/48 | €23,126 | €2,026 | -€21,101 | -91.2% |
| Trade debts | 44 | €4,140 | €943 | -€3,198 | -77.2% |
| Suppliers | 440/4 | €4,140 | €943 | -€3,198 | -77.2% |
| Taxes, remuneration and social security | 45 | €2,253 | €746 | -€1,507 | -66.9% |
| Taxes | 450/3 | €2,253 | €746 | -€1,507 | -66.9% |
| Other amounts payable | 47/48 | €16,733 | €337 | -€16,396 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,623 | €2,040 | -€1,583 | -43.7% |
| Other operating charges | 640/8 | €859 | €1,083 | +€224 | +26.0% |
| Gross operating margin | 9900 | €33,752 | -€7,868 | -€41,620 | |
| Operating profit (loss) | 9901 | €29,269 | -€10,991 | -€40,260 | |
| Financial income | 75/76B | - | €142 | +€142 | |
| Recurring financial income | 75 | - | €142 | +€142 | |
| Financial charges | 65/66B | €138 | €136 | -€2 | -1.3% |
| Recurring financial charges | 65 | €138 | €136 | -€2 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €29,131 | -€10,985 | -€40,116 | |
| Income taxes | 67/77 | €208 | €164 | -€44 | -21.3% |
| Profit (loss) for the period | 9904 | €28,923 | -€11,149 | -€40,072 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,923 | -€11,149 | -€40,072 |
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 4 October 2026 via checked.be.