TENDODENT: 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.
TENDODENT
Largest movements
- Cash -€9,833
down €9,833 (-5.9%), from €166,063 to €156,230
mainly Contributions, distributions and other (-€90,094) and Other debts (-€17,386)
- Receivables within one year -€7,876
down €7,876 (-21.4%), from €36,817 to €28,941
of which Trade receivables: -€6,990
- Other debts -€17,386
down €17,386 (-9.8%), from €176,784 to €159,398
- Gross operating margin +€4,598
up €4,598 (+4.1%), from €111,673 to €116,270
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 | €202,880 | €186,687 | -€16,193 | -8.0% |
| Fixed assets | 21/28 | - | €1,516 | +€1,516 | |
| Tangible fixed assets | 22/27 | - | €1,516 | +€1,516 | |
| Furniture and vehicles | 24 | - | €1,516 | +€1,516 | |
| Current assets | 29/58 | €202,880 | €185,171 | -€17,709 | -8.7% |
| Amounts receivable within one year | 40/41 | €36,817 | €28,941 | -€7,876 | -21.4% |
| Trade receivables | 40 | €35,778 | €28,788 | -€6,990 | -19.5% |
| Other amounts receivable | 41 | €1,039 | €153 | -€886 | -85.3% |
| Cash at bank and in hand | 54/58 | €166,063 | €156,230 | -€9,833 | -5.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €202,880 | €186,687 | -€16,193 | -8.0% |
| Equity | 10/15 | €20,207 | €20,207 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,207 | €18,207 | = | 0.0% |
| Distributable reserves | 133 | €18,207 | €18,207 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €182,673 | €166,480 | -€16,193 | -8.9% |
| Amounts payable within one year | 42/48 | €182,673 | €166,480 | -€16,193 | -8.9% |
| Trade debts | 44 | €3,082 | €2,304 | -€778 | -25.2% |
| Suppliers | 440/4 | €3,082 | €2,304 | -€778 | -25.2% |
| Taxes, remuneration and social security | 45 | €2,807 | €4,778 | +€1,971 | +70.2% |
| Taxes | 450/3 | €0 | €2,000 | +€2,000 | |
| Remuneration and social security | 454/9 | €2,807 | €2,778 | -€29 | -1.0% |
| Other amounts payable | 47/48 | €176,784 | €159,398 | -€17,386 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €544 | +€544 | |
| Other operating charges | 640/8 | €704 | €725 | +€21 | +3.0% |
| Gross operating margin | 9900 | €111,673 | €116,270 | +€4,598 | +4.1% |
| Operating profit (loss) | 9901 | €110,969 | €115,002 | +€4,033 | +3.6% |
| Financial charges | 65/66B | €60 | €61 | +€1 | +1.0% |
| Recurring financial charges | 65 | €60 | €61 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €110,909 | €114,941 | +€4,032 | +3.6% |
| Income taxes | 67/77 | €23,961 | €24,847 | +€886 | +3.7% |
| Profit (loss) for the period | 9904 | €86,948 | €90,094 | +€3,147 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €86,948 | €90,094 | +€3,147 | +3.6% |
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 6 October 2026 via checked.be.