TEHEUX AVOCAT: 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.
TEHEUX AVOCAT
Largest movements
- Cash +€202,874
up €202,874 (+213%), from €95,465 to €298,339
mainly Receivables within one year (+€105,772) and Net result for the year (+€88,340)
- Receivables within one year -€105,772
down €105,772 (-61.5%), from €171,953 to €66,180
of which Trade receivables: -€86,489
- Reserves +€88,340
up €88,340 (+52.0%), from €169,967 to €258,306
- Other debts +€21,551
up €21,551 (+146%), from €14,767 to €36,317
- Tax, wage and social debts -€10,570
down €10,570 (-11.7%), from €90,598 to €80,028
- Gross operating margin -€126,154
down €126,154 (-49.9%), from €252,895 to €126,741
- Taxes -€48,623
down €48,623 (-60.8%), from €79,990 to €31,367
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 | €283,746 | €379,436 | +€95,690 | +33.7% |
| Formation expenses | 20 | €1,512 | €0 | -€1,512 | -100% |
| Fixed assets | 21/28 | €14,550 | €13,668 | -€882 | -6.1% |
| Intangible fixed assets | 21 | €5,068 | €3,928 | -€1,140 | -22.5% |
| Tangible fixed assets | 22/27 | €9,482 | €9,740 | +€258 | +2.7% |
| Furniture and vehicles | 24 | €9,482 | €9,740 | +€258 | +2.7% |
| Current assets | 29/58 | €267,684 | €365,768 | +€98,084 | +36.6% |
| Amounts receivable within one year | 40/41 | €171,953 | €66,180 | -€105,772 | -61.5% |
| Trade receivables | 40 | €136,953 | €50,464 | -€86,489 | -63.2% |
| Other amounts receivable | 41 | €35,000 | €15,717 | -€19,283 | -55.1% |
| Cash at bank and in hand | 54/58 | €95,465 | €298,339 | +€202,874 | +213% |
| Deferred charges and accrued income | 490/1 | €266 | €1,248 | +€982 | +369% |
| Total equity and liabilities | 10/49 | €283,746 | €379,436 | +€95,690 | +33.7% |
| Equity | 10/15 | €172,967 | €261,306 | +€88,340 | +51.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €169,967 | €258,306 | +€88,340 | +52.0% |
| Distributable reserves | 133 | €169,967 | €258,306 | +€88,340 | +52.0% |
| Amounts payable | 17/49 | €110,779 | €118,130 | +€7,350 | +6.6% |
| Amounts payable within one year | 42/48 | €110,779 | €118,130 | +€7,350 | +6.6% |
| Trade debts | 44 | €5,414 | €1,785 | -€3,630 | -67.0% |
| Suppliers | 440/4 | €5,414 | €1,785 | -€3,630 | -67.0% |
| Taxes, remuneration and social security | 45 | €90,598 | €80,028 | -€10,570 | -11.7% |
| Taxes | 450/3 | €90,598 | €80,028 | -€10,570 | -11.7% |
| Other amounts payable | 47/48 | €14,767 | €36,317 | +€21,551 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,448 | €4,963 | +€2,515 | +103% |
| Other operating charges | 640/8 | €472 | €2,028 | +€1,556 | +330% |
| Gross operating margin | 9900 | €252,895 | €126,741 | -€126,154 | -49.9% |
| Operating profit (loss) | 9901 | €249,975 | €119,750 | -€130,225 | -52.1% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.8% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.8% |
| Financial charges | 65/66B | €24 | €43 | +€19 | +79.9% |
| Recurring financial charges | 65 | €24 | €43 | +€19 | +79.9% |
| Profit (loss) for the period before taxes | 9903 | €249,957 | €119,707 | -€130,250 | -52.1% |
| Income taxes | 67/77 | €79,990 | €31,367 | -€48,623 | -60.8% |
| Profit (loss) for the period | 9904 | €169,967 | €88,340 | -€81,627 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €169,967 | €88,340 | -€81,627 | -48.0% |
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 22 October 2026 via checked.be.