TEN DEN: 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.
TEN DEN
Largest movements
- Cash +€18,908
up €18,908 (+102.7%), from €18,407 to €37,314
mainly Other debts (+€54,043) and Net result for the year (+€24,533)
- Receivables within one year +€11,323
up €11,323 (+66.4%), from €17,056 to €28,379
of which Trade receivables: +€10,890
- Tangible fixed assets -€2,620
down €2,620 (-15.8%), from €16,585 to €13,965
- Other debts +€54,043
up €54,043 (+318274.6%), from €17 to €54,060
- Profit (loss) carried forward -€39,067
down €39,067 (-99.9%), from €39,101 to €34
- Tax, wage and social debts +€11,761
up €11,761 (+176.0%), from €6,682 to €18,443
- Trade debts +€1,332
up €1,332 (+106.8%), from €1,247 to €2,579
- Gross operating margin +€12,707
up €12,707 (+52.6%), from €24,170 to €36,877
- Taxes +€2,167
up €2,167 (+33.3%), from €6,508 to €8,675
- Other operating charges +€512
up €512 (+61.4%), from €834 to €1,346
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 | €52,047 | €80,116 | +€28,068 | +53.9% |
| Fixed assets | 21/28 | €16,585 | €13,965 | -€2,620 | -15.8% |
| Tangible fixed assets | 22/27 | €16,585 | €13,965 | -€2,620 | -15.8% |
| Furniture and vehicles | 24 | €16,585 | €13,965 | -€2,620 | -15.8% |
| Current assets | 29/58 | €35,463 | €66,151 | +€30,688 | +86.5% |
| Amounts receivable within one year | 40/41 | €17,056 | €28,379 | +€11,323 | +66.4% |
| Trade receivables | 40 | €6,655 | €17,545 | +€10,890 | +163.6% |
| Other amounts receivable | 41 | €10,401 | €10,834 | +€433 | +4.2% |
| Cash at bank and in hand | 54/58 | €18,407 | €37,314 | +€18,908 | +102.7% |
| Deferred charges and accrued income | 490/1 | - | €457 | +€457 | |
| Total equity and liabilities | 10/49 | €52,047 | €80,116 | +€28,068 | +53.9% |
| Equity | 10/15 | €44,101 | €5,034 | -€39,067 | -88.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,101 | €34 | -€39,067 | -99.9% |
| Amounts payable | 17/49 | €7,946 | €75,082 | +€67,136 | +844.9% |
| Amounts payable within one year | 42/48 | €7,946 | €75,082 | +€67,136 | +844.9% |
| Trade debts | 44 | €1,247 | €2,579 | +€1,332 | +106.8% |
| Suppliers | 440/4 | €1,247 | €2,579 | +€1,332 | +106.8% |
| Taxes, remuneration and social security | 45 | €6,682 | €18,443 | +€11,761 | +176.0% |
| Taxes | 450/3 | €6,682 | €18,443 | +€11,761 | +176.0% |
| Other amounts payable | 47/48 | €17 | €54,060 | +€54,043 | +318274.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,620 | €2,620 | = | 0.0% |
| Other operating charges | 640/8 | €834 | €1,346 | +€512 | +61.4% |
| Gross operating margin | 9900 | €24,170 | €36,877 | +€12,707 | +52.6% |
| Operating profit (loss) | 9901 | €20,716 | €32,911 | +€12,195 | +58.9% |
| Financial income | 75/76B | €404 | €401 | -€3 | -0.7% |
| Recurring financial income | 75 | €404 | €401 | -€3 | -0.7% |
| Financial charges | 65/66B | €90 | €105 | +€15 | +16.5% |
| Recurring financial charges | 65 | €90 | €105 | +€15 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €21,030 | €33,207 | +€12,177 | +57.9% |
| Income taxes | 67/77 | €6,508 | €8,675 | +€2,167 | +33.3% |
| Profit (loss) for the period | 9904 | €14,522 | €24,533 | +€10,010 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,522 | €24,533 | +€10,010 | +68.9% |
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 5 October 2026 via checked.be.