TENENS: 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.
TENENS
Largest movements
- Cash -€630,209
down €630,209 (-99.1%), from €636,095 to €5,886
mainly Other debts (-€1.8m) and Tax, wage and social debts (-€123,762)
- Other debts -€1.8m
down €1.8m (-97.8%), from €1.8m to €40,429
- Reserves +€1.3m
up €1.3m (+24.5%), from €5.1m to €6.3m
- Tax, wage and social debts -€123,762
down €123,762 (-76.2%), from €162,352 to €38,590
- Financial income -€705,161
down €705,161 (-33.0%), from €2.1m to €1.4m
- Taxes -€68,672
down €68,672 (-33.4%), from €205,553 to €136,882
- Gross operating margin -€1,016
down €1,016 (-86.6%), from -€1,173 to -€2,189
- Financial charges -€24
down €24 (-79.5%), from €30 to €6
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 | €9,317,798 | €8,651,244 | -€666,554 | -7.2% |
| Fixed assets | 21/28 | €3,033,985 | €3,033,985 | = | 0.0% |
| Financial fixed assets | 28 | €3,033,985 | €3,033,985 | = | 0.0% |
| Current assets | 29/58 | €6,283,813 | €5,617,259 | -€666,554 | -10.6% |
| Current investments | 50/53 | €5,191,802 | €5,211,373 | +€19,571 | +0.4% |
| Cash at bank and in hand | 54/58 | €636,095 | €5,886 | -€630,209 | -99.1% |
| Deferred charges and accrued income | 490/1 | €455,917 | €400,000 | -€55,917 | -12.3% |
| Total equity and liabilities | 10/49 | €9,317,798 | €8,651,244 | -€666,554 | -7.2% |
| Equity | 10/15 | €7,321,204 | €8,572,225 | +€1.3m | +17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €5,097,613 | €6,348,635 | +€1.3m | +24.5% |
| Distributable reserves | 133 | €5,097,613 | €6,348,635 | +€1.3m | +24.5% |
| Profit (loss) carried forward | 14 | €2,203,591 | €2,203,591 | = | 0.0% |
| Amounts payable | 17/49 | €1,996,594 | €79,019 | -€1.9m | -96.0% |
| Amounts payable within one year | 42/48 | €1,979,819 | €79,019 | -€1.9m | -96.0% |
| Trade debts | 44 | €85 | €0 | -€85 | -100.0% |
| Suppliers | 440/4 | €85 | €0 | -€85 | -100.0% |
| Taxes, remuneration and social security | 45 | €162,352 | €38,590 | -€123,762 | -76.2% |
| Taxes | 450/3 | €162,352 | €38,590 | -€123,762 | -76.2% |
| Other amounts payable | 47/48 | €1,817,382 | €40,429 | -€1.8m | -97.8% |
| Accrued charges and deferred income | 492/3 | €16,775 | €0 | -€16,775 | -100.0% |
| Other operating charges | 640/8 | €1,107 | €1,115 | +€7 | +0.7% |
| Gross operating margin | 9900 | -€1,173 | -€2,189 | -€1,016 | -86.6% |
| Operating profit (loss) | 9901 | -€2,281 | -€3,303 | -€1,023 | -44.8% |
| Financial income | 75/76B | €2,136,802 | €1,431,641 | -€705,161 | -33.0% |
| Recurring financial income | 75 | €2,136,802 | €1,431,641 | -€705,161 | -33.0% |
| Financial charges | 65/66B | €30 | €6 | -€24 | -79.5% |
| Recurring financial charges | 65 | €30 | €6 | -€24 | -79.5% |
| Profit (loss) for the period before taxes | 9903 | €2,134,492 | €1,428,331 | -€706,160 | -33.1% |
| Income taxes | 67/77 | €205,553 | €136,882 | -€68,672 | -33.4% |
| Profit (loss) for the period | 9904 | €1,928,938 | €1,291,450 | -€637,488 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,928,938 | €1,291,450 | -€637,488 | -33.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.