Tendim: 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.
Tendim
Largest movements
- Tangible fixed assets +€62,479
up €62,479 (+2066.4%), from €3,024 to €65,502
of which Furniture and vehicles: +€44,520
- Stocks and contracts +€37,845
up €37,845 (+7.7%), from €488,854 to €526,698
- Cash -€28,731
down €28,731 (-11.5%), from €249,328 to €220,597
mainly Other debts (-€74,671) and Investment in fixed assets (net) (-€74,541)
- Receivables within one year -€12,016
down €12,016 (-8.5%), from €141,535 to €129,519
of which Trade receivables: -€61,605
- Trade debts +€151,562
up €151,562 (+129.9%), from €116,682 to €268,244
- Other debts -€74,671
down €74,671 (-99.6%), from €75,002 to €331
- Tax, wage and social debts -€19,703
down €19,703 (-26.2%), from €75,257 to €55,554
of which Taxes: -€20,585
- Gross operating margin -€257,559
down €257,559 (-57.4%), from €448,704 to €191,144
- Taxes -€49,800
down €49,800 (-99.2%), from €50,210 to €410
- Depreciation +€8,719
up €8,719 (+170.1%), from €5,126 to €13,845
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 | €890,516 | €953,104 | +€62,588 | +7.0% |
| Fixed assets | 21/28 | €5,657 | €66,352 | +€60,696 | +1073.0% |
| Intangible fixed assets | 21 | €2,633 | €850 | -€1,783 | -67.7% |
| Tangible fixed assets | 22/27 | €3,024 | €65,502 | +€62,479 | +2066.4% |
| Plant, machinery and equipment | 23 | - | €17,959 | +€17,959 | |
| Furniture and vehicles | 24 | €3,024 | €47,543 | +€44,520 | +1472.4% |
| Current assets | 29/58 | €884,859 | €886,752 | +€1,893 | +0.2% |
| Stocks and contracts in progress | 3 | €488,854 | €526,698 | +€37,845 | +7.7% |
| Stocks | 30/36 | €488,854 | €526,698 | +€37,845 | +7.7% |
| Amounts receivable within one year | 40/41 | €141,535 | €129,519 | -€12,016 | -8.5% |
| Trade receivables | 40 | €141,535 | €79,929 | -€61,605 | -43.5% |
| Other amounts receivable | 41 | - | €49,590 | +€49,590 | |
| Cash at bank and in hand | 54/58 | €249,328 | €220,597 | -€28,731 | -11.5% |
| Deferred charges and accrued income | 490/1 | €5,143 | €9,938 | +€4,795 | +93.2% |
| Total equity and liabilities | 10/49 | €890,516 | €953,104 | +€62,588 | +7.0% |
| Equity | 10/15 | €611,075 | €616,476 | +€5,401 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €584,000 | €584,000 | = | 0.0% |
| Distributable reserves | 133 | €584,000 | €584,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,075 | €12,476 | +€5,401 | +76.3% |
| Amounts payable | 17/49 | €279,441 | €336,629 | +€57,187 | +20.5% |
| Amounts payable within one year | 42/48 | €279,441 | €336,629 | +€57,187 | +20.5% |
| Financial debts | 43 | €12,500 | €12,500 | = | 0.0% |
| Credit institutions | 430/8 | €12,500 | €12,500 | = | 0.0% |
| Trade debts | 44 | €116,682 | €268,244 | +€151,562 | +129.9% |
| Suppliers | 440/4 | €116,682 | €268,244 | +€151,562 | +129.9% |
| Taxes, remuneration and social security | 45 | €75,257 | €55,554 | -€19,703 | -26.2% |
| Taxes | 450/3 | €38,713 | €18,128 | -€20,585 | -53.2% |
| Remuneration and social security | 454/9 | €36,544 | €37,426 | +€881 | +2.4% |
| Other amounts payable | 47/48 | €75,002 | €331 | -€74,671 | -99.6% |
| Remuneration, social security and pensions | 62 | €163,587 | €164,883 | +€1,296 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,126 | €13,845 | +€8,719 | +170.1% |
| Other operating charges | 640/8 | €740 | €1,750 | +€1,011 | +136.7% |
| Gross operating margin | 9900 | €448,704 | €191,144 | -€257,559 | -57.4% |
| Operating profit (loss) | 9901 | €279,252 | €10,666 | -€268,586 | -96.2% |
| Financial income | 75/76B | €446 | €309 | -€137 | -30.6% |
| Recurring financial income | 75 | €446 | €309 | -€137 | -30.6% |
| Financial charges | 65/66B | €6,818 | €5,164 | -€1,654 | -24.3% |
| Recurring financial charges | 65 | €6,818 | €5,164 | -€1,654 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €272,880 | €5,811 | -€267,068 | -97.9% |
| Income taxes | 67/77 | €50,210 | €410 | -€49,800 | -99.2% |
| Profit (loss) for the period | 9904 | €222,669 | €5,401 | -€217,268 | -97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €222,669 | €5,401 | -€217,268 | -97.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.