TEGELRIE: what changed
Two financial 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.
TEGELRIE
Largest movements
- Current investments -€50,000
down €50,000 (-16.7%), from €300,000 to €250,000
- Tangible fixed assets +€3,551
up €3,551 (+219.3%), from €1,619 to €5,171
of which Furniture and vehicles: +€3,962
- Reserves -€178,000
down €178,000 (-59.7%), from €298,000 to €120,000
- Other debts +€130,143
up €130,143 (+1085.1%), from €11,994 to €142,137
- Gross operating margin +€9,259
up €9,259 (+19.1%), from -€48,515 to -€39,257
- Financial income -€4,066
down €4,066 (-40.4%), from €10,054 to €5,989
- Depreciation +€2,413
up €2,413 (+180.0%), from €1,341 to €3,755
- Other operating charges -€579
down €579 (-42.9%), from €1,351 to €772
- Financial charges -€555
down €555 (-51.3%), from €1,082 to €527
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 | €316,124 | €267,807 | -€48,317 | -15.3% |
| Fixed assets | 21/28 | €1,619 | €5,171 | +€3,551 | +219.3% |
| Tangible fixed assets | 22/27 | €1,619 | €5,171 | +€3,551 | +219.3% |
| Plant, machinery and equipment | 23 | €411 | €0 | -€411 | -100.0% |
| Furniture and vehicles | 24 | €1,209 | €5,171 | +€3,962 | +327.8% |
| Current assets | 29/58 | €314,505 | €262,637 | -€51,868 | -16.5% |
| Amounts receivable within one year | 40/41 | €5,803 | €4,724 | -€1,080 | -18.6% |
| Other amounts receivable | 41 | €5,803 | €4,724 | -€1,080 | -18.6% |
| Current investments | 50/53 | €300,000 | €250,000 | -€50,000 | -16.7% |
| Cash at bank and in hand | 54/58 | €5,663 | €5,780 | +€118 | +2.1% |
| Deferred charges and accrued income | 490/1 | €3,038 | €2,133 | -€906 | -29.8% |
| Total equity and liabilities | 10/49 | €316,124 | €267,807 | -€48,317 | -15.3% |
| Equity | 10/15 | €303,868 | €125,414 | -€178,454 | -58.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €298,000 | €120,000 | -€178,000 | -59.7% |
| Distributable reserves | 133 | €298,000 | €120,000 | -€178,000 | -59.7% |
| Profit (loss) carried forward | 14 | €868 | €414 | -€454 | -52.3% |
| Amounts payable | 17/49 | €12,256 | €142,393 | +€130,137 | +1061.8% |
| Amounts payable within one year | 42/48 | €12,256 | €142,393 | +€130,137 | +1061.8% |
| Financial debts | 43 | €10 | €0 | -€10 | -100.0% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100.0% |
| Trade debts | 44 | €252 | €256 | +€4 | +1.7% |
| Suppliers | 440/4 | €252 | €256 | +€4 | +1.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €11,994 | €142,137 | +€130,143 | +1085.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,341 | €3,755 | +€2,413 | +180.0% |
| Other operating charges | 640/8 | €1,351 | €772 | -€579 | -42.9% |
| Non-recurring operating charges | 66A | €689 | €0 | -€689 | -100.0% |
| Gross operating margin | 9900 | -€48,515 | -€39,257 | +€9,259 | +19.1% |
| Operating profit (loss) | 9901 | -€51,897 | -€43,783 | +€8,113 | +15.6% |
| Financial income | 75/76B | €10,054 | €5,989 | -€4,066 | -40.4% |
| Recurring financial income | 75 | €10,054 | €5,989 | -€4,066 | -40.4% |
| Financial charges | 65/66B | €1,082 | €527 | -€555 | -51.3% |
| Recurring financial charges | 65 | €1,082 | €527 | -€555 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,924 | -€38,322 | +€4,603 | +10.7% |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€43,052 | -€38,454 | +€4,599 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,052 | -€38,454 | +€4,599 | +10.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.