TEGELWERK WL: 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.
TEGELWERK WL
Largest movements
- Receivables within one year -€24,276
down €24,276 (-16.2%), from €149,776 to €125,500
of which Trade receivables: -€13,582
- Tangible fixed assets -€3,697
down €3,697 (-50.2%), from €7,370 to €3,674
of which Leasing and similar rights: -€2,534
- Trade debts -€32,391
down €32,391 (-54.0%), from €60,006 to €27,615
- Profit (loss) carried forward +€12,132
up €12,132 (+18.0%), from €67,461 to €79,592
- Other debts -€5,700
down €5,700 (-100%), from €5,700 to €0
- Debts after one year -€2,764
down €2,764 (-85.4%), from €3,238 to €474
- Gross operating margin -€21,293
down €21,293 (-51.1%), from €41,688 to €20,396
- Taxes -€4,943
down €4,943 (-44.9%), from €11,019 to €6,076
- Financial charges +€1,158
up €1,158 (+104%), from €1,113 to €2,270
- Financial income +€656
up €656 (+14.3%), from €4,571 to €5,227
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.
Derived cash bridge
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 | €159,593 | €130,723 | -€28,870 | -18.1% |
| Fixed assets | 21/28 | €7,370 | €3,674 | -€3,697 | -50.2% |
| Tangible fixed assets | 22/27 | €7,370 | €3,674 | -€3,697 | -50.2% |
| Plant, machinery and equipment | 23 | €877 | €139 | -€738 | -84.1% |
| Furniture and vehicles | 24 | €870 | €445 | -€425 | -48.9% |
| Leasing and similar rights | 25 | €5,624 | €3,090 | -€2,534 | -45.1% |
| Current assets | 29/58 | €152,222 | €127,049 | -€25,173 | -16.5% |
| Amounts receivable within one year | 40/41 | €149,776 | €125,500 | -€24,276 | -16.2% |
| Trade receivables | 40 | €54,466 | €40,884 | -€13,582 | -24.9% |
| Other amounts receivable | 41 | €95,310 | €84,616 | -€10,694 | -11.2% |
| Cash at bank and in hand | 54/58 | €1,411 | €0 | -€1,411 | -100% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,549 | +€515 | +49.7% |
| Total equity and liabilities | 10/49 | €159,593 | €130,723 | -€28,870 | -18.1% |
| Equity | 10/15 | €70,461 | €82,592 | +€12,132 | +17.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,461 | €79,592 | +€12,132 | +18.0% |
| Amounts payable | 17/49 | €89,132 | €48,131 | -€41,001 | -46.0% |
| Amounts payable after more than one year | 17 | €3,238 | €474 | -€2,764 | -85.4% |
| Financial debts | 170/4 | €3,238 | €474 | -€2,764 | -85.4% |
| Amounts payable within one year | 42/48 | €85,894 | €47,657 | -€38,237 | -44.5% |
| Current portion of amounts payable after more than one year | 42 | €2,633 | €2,764 | +€131 | +5.0% |
| Financial debts | 43 | €0 | €183 | +€183 | |
| Credit institutions | 430/8 | €0 | €183 | +€183 | |
| Trade debts | 44 | €60,006 | €27,615 | -€32,391 | -54.0% |
| Suppliers | 440/4 | €60,006 | €27,615 | -€32,391 | -54.0% |
| Taxes, remuneration and social security | 45 | €17,555 | €17,094 | -€460 | -2.6% |
| Taxes | 450/3 | €17,555 | €17,094 | -€460 | -2.6% |
| Other amounts payable | 47/48 | €5,700 | €0 | -€5,700 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,803 | €3,503 | -€300 | -7.9% |
| Other operating charges | 640/8 | €1,509 | €1,448 | -€61 | -4.0% |
| Non-recurring operating charges | 66A | - | €193 | +€193 | |
| Gross operating margin | 9900 | €41,688 | €20,396 | -€21,293 | -51.1% |
| Operating profit (loss) | 9901 | €36,376 | €15,250 | -€21,125 | -58.1% |
| Financial income | 75/76B | €4,571 | €5,227 | +€656 | +14.3% |
| Recurring financial income | 75 | €4,571 | €5,227 | +€656 | +14.3% |
| Financial charges | 65/66B | €1,113 | €2,270 | +€1,158 | +104% |
| Recurring financial charges | 65 | €1,113 | €2,270 | +€1,158 | +104% |
| Profit (loss) for the period before taxes | 9903 | €39,834 | €18,207 | -€21,627 | -54.3% |
| Income taxes | 67/77 | €11,019 | €6,076 | -€4,943 | -44.9% |
| Profit (loss) for the period | 9904 | €28,816 | €12,132 | -€16,684 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,816 | €12,132 | -€16,684 | -57.9% |
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 25 October 2026 via checked.be.