TEERLYNCK MANAGEMENT SERVICES: what changed
TEERLYNCK MANAGEMENT SERVICES
Largest movements
- Cash +€6,207
up €6,207 (+224%), from €2,771 to €8,978
mainly Net result for the year (+€13,132) and Tax, wage and social debts (+€4,805)
- Deferred charges and accrued income +€5,270
up €5,270 (+32.9%), from €16,024 to €21,295
- Tangible fixed assets +€1,433
up €1,433 (+17.3%), from €8,270 to €9,702
of which Plant, machinery and equipment: +€3,527
- Profit (loss) carried forward +€14,992
up €14,992 (+64.6%), from -€23,214 to -€8,221
- Tax, wage and social debts +€4,805
up €4,805 (+215%), from €2,239 to €7,044
of which Taxes: +€3,005
- Other debts -€3,013
down €3,013 (-37.4%), from €8,065 to €5,052
- Trade debts -€2,684
down €2,684 (-38.2%), from €7,031 to €4,347
- Reserves -€1,860
down €1,860 (-6.9%), from €26,915 to €25,055
of which Distributable reserves: -€1,860
- Taxes +€2,985
up €2,985 (+146%), from €2,042 to €5,027
- Gross operating margin +€2,600
up €2,600 (+12.1%), from €21,573 to €24,173
- Depreciation -€746
down €746 (-19.6%), from €3,800 to €3,054
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,546 | €40,360 | +€12,813 | +46.5% |
| Fixed assets | 21/28 | €8,270 | €9,702 | +€1,433 | +17.3% |
| Tangible fixed assets | 22/27 | €8,270 | €9,702 | +€1,433 | +17.3% |
| Land and buildings | 22 | €1,484 | €742 | -€742 | -50.0% |
| Plant, machinery and equipment | 23 | - | €3,527 | +€3,527 | |
| Furniture and vehicles | 24 | €2,095 | €1,925 | -€170 | -8.1% |
| Other tangible fixed assets | 26 | €4,690 | €3,508 | -€1,182 | -25.2% |
| Current assets | 29/58 | €19,277 | €30,657 | +€11,381 | +59.0% |
| Amounts receivable within one year | 40/41 | €481 | €385 | -€96 | -20.0% |
| Trade receivables | 40 | €316 | €121 | -€195 | -61.7% |
| Other amounts receivable | 41 | €165 | €264 | +€99 | +59.8% |
| Cash at bank and in hand | 54/58 | €2,771 | €8,978 | +€6,207 | +224% |
| Deferred charges and accrued income | 490/1 | €16,024 | €21,295 | +€5,270 | +32.9% |
| Total equity and liabilities | 10/49 | €27,546 | €40,360 | +€12,813 | +46.5% |
| Equity | 10/15 | €9,901 | €23,034 | +€13,132 | +133% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,915 | €25,055 | -€1,860 | -6.9% |
| Tax-exempt reserves | 132 | €1,014 | €1,014 | = | 0.0% |
| Distributable reserves | 133 | €25,901 | €24,041 | -€1,860 | -7.2% |
| Profit (loss) carried forward | 14 | -€23,214 | -€8,221 | +€14,992 | +64.6% |
| Amounts payable | 17/49 | €17,645 | €17,326 | -€319 | -1.8% |
| Amounts payable within one year | 42/48 | €17,645 | €17,326 | -€319 | -1.8% |
| Financial debts | 43 | €310 | €883 | +€573 | +185% |
| Credit institutions | 430/8 | €310 | €883 | +€573 | +185% |
| Trade debts | 44 | €7,031 | €4,347 | -€2,684 | -38.2% |
| Suppliers | 440/4 | €7,031 | €4,347 | -€2,684 | -38.2% |
| Taxes, remuneration and social security | 45 | €2,239 | €7,044 | +€4,805 | +215% |
| Taxes | 450/3 | €2,239 | €5,244 | +€3,005 | +134% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €8,065 | €5,052 | -€3,013 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,800 | €3,054 | -€746 | -19.6% |
| Other operating charges | 640/8 | €1,497 | €1,347 | -€151 | -10.1% |
| Non-recurring operating charges | 66A | - | €1,195 | +€1,195 | |
| Gross operating margin | 9900 | €21,573 | €24,173 | +€2,600 | +12.1% |
| Operating profit (loss) | 9901 | €16,276 | €18,577 | +€2,301 | +14.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €482 | €418 | -€64 | -13.2% |
| Recurring financial charges | 65 | €482 | €418 | -€64 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €15,794 | €18,159 | +€2,365 | +15.0% |
| Income taxes | 67/77 | €2,042 | €5,027 | +€2,985 | +146% |
| Profit (loss) for the period | 9904 | €13,752 | €13,132 | -€620 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,752 | €13,132 | -€620 | -4.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.