TEKS: 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.
TEKS
Largest movements
- Stocks and contracts -€4,000
down €4,000 (-7.9%), from €50,543 to €46,543
- Cash +€1,790
up €1,790 (+69.6%), from €2,572 to €4,363
mainly Other debts (+€5,623) and Stocks and contracts (+€4,000)
- Other debts +€5,623
up €5,623 (+4.1%), from €136,647 to €142,270
- Trade debts -€4,499
down €4,499 (-72.8%), from €6,179 to €1,681
- Profit (loss) carried forward -€2,155
down €2,155 (-1.9%), from -€111,563 to -€113,718
- Tax, wage and social debts -€1,344
down €1,344 (-39.3%), from €3,417 to €2,073
- Gross operating margin -€6,941
down €6,941, from €5,795 to -€1,145
- Depreciation -€806
down €806 (-83.0%), from €971 to €165
- Other operating charges +€155
up €155 (+31.4%), from €492 to €647
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 | €53,281 | €50,906 | -€2,375 | -4.5% |
| Fixed assets | 21/28 | €165 | - | -€165 | |
| Tangible fixed assets | 22/27 | €165 | - | -€165 | |
| Furniture and vehicles | 24 | €165 | - | -€165 | |
| Current assets | 29/58 | €53,116 | €50,906 | -€2,210 | -4.2% |
| Stocks and contracts in progress | 3 | €50,543 | €46,543 | -€4,000 | -7.9% |
| Stocks | 30/36 | €50,543 | €46,543 | -€4,000 | -7.9% |
| Cash at bank and in hand | 54/58 | €2,572 | €4,363 | +€1,790 | +69.6% |
| Total equity and liabilities | 10/49 | €53,281 | €50,906 | -€2,375 | -4.5% |
| Equity | 10/15 | -€92,963 | -€95,118 | -€2,155 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,563 | -€113,718 | -€2,155 | -1.9% |
| Amounts payable | 17/49 | €146,244 | €146,024 | -€220 | -0.2% |
| Amounts payable within one year | 42/48 | €146,244 | €146,024 | -€220 | -0.2% |
| Trade debts | 44 | €6,179 | €1,681 | -€4,499 | -72.8% |
| Suppliers | 440/4 | €6,179 | €1,681 | -€4,499 | -72.8% |
| Taxes, remuneration and social security | 45 | €3,417 | €2,073 | -€1,344 | -39.3% |
| Taxes | 450/3 | €3,417 | €2,073 | -€1,344 | -39.3% |
| Other amounts payable | 47/48 | €136,647 | €142,270 | +€5,623 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €165 | -€806 | -83.0% |
| Other operating charges | 640/8 | €492 | €647 | +€155 | +31.4% |
| Gross operating margin | 9900 | €5,795 | -€1,145 | -€6,941 | |
| Operating profit (loss) | 9901 | €4,332 | -€1,957 | -€6,289 | |
| Financial charges | 65/66B | €163 | €198 | +€35 | +21.1% |
| Recurring financial charges | 65 | €163 | €198 | +€35 | +21.1% |
| Profit (loss) for the period before taxes | 9903 | €4,169 | -€2,155 | -€6,324 | |
| Profit (loss) for the period | 9904 | €4,169 | -€2,155 | -€6,324 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,169 | -€2,155 | -€6,324 |
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 29 September 2026 via checked.be.