TENERA IT: 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.
TENERA IT
Largest movements
- Current investments +€70,000
up €70,000 (+43.7%), from €160,278 to €230,278
- Cash -€20,005
down €20,005 (-49.0%), from €40,825 to €20,819
mainly Current investments (-€70,000) and Investment in fixed assets (net) (-€16,343)
- Deferred charges and accrued income -€12,309
down €12,309 (-89.8%), from €13,709 to €1,400
- Receivables within one year +€9,074
up €9,074 (+70.1%), from €12,952 to €22,027
of which Trade receivables: +€5,334
- Tangible fixed assets +€3,950
up €3,950 (+8.6%), from €45,696 to €49,645
of which Furniture and vehicles: +€2,763
- Reserves +€49,443
up €49,443 (+21.4%), from €230,979 to €280,422
- Gross operating margin +€8,958
up €8,958 (+11.7%), from €76,618 to €85,576
- Taxes +€2,055
up €2,055 (+11.0%), from €18,727 to €20,782
- Depreciation +€1,862
up €1,862 (+17.7%), from €10,531 to €12,393
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 | €273,459 | €324,169 | +€50,710 | +18.5% |
| Fixed assets | 21/28 | €45,696 | €49,645 | +€3,950 | +8.6% |
| Tangible fixed assets | 22/27 | €45,696 | €49,645 | +€3,950 | +8.6% |
| Land and buildings | 22 | €13,878 | €15,065 | +€1,186 | +8.5% |
| Furniture and vehicles | 24 | €31,817 | €34,581 | +€2,763 | +8.7% |
| Current assets | 29/58 | €227,763 | €274,524 | +€46,760 | +20.5% |
| Amounts receivable within one year | 40/41 | €12,952 | €22,027 | +€9,074 | +70.1% |
| Trade receivables | 40 | €11,184 | €16,518 | +€5,334 | +47.7% |
| Other amounts receivable | 41 | €1,768 | €5,509 | +€3,741 | +211.5% |
| Current investments | 50/53 | €160,278 | €230,278 | +€70,000 | +43.7% |
| Cash at bank and in hand | 54/58 | €40,825 | €20,819 | -€20,005 | -49.0% |
| Deferred charges and accrued income | 490/1 | €13,709 | €1,400 | -€12,309 | -89.8% |
| Total equity and liabilities | 10/49 | €273,459 | €324,169 | +€50,710 | +18.5% |
| Equity | 10/15 | €237,179 | €286,622 | +€49,443 | +20.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €230,979 | €280,422 | +€49,443 | +21.4% |
| Distributable reserves | 133 | €230,979 | €280,422 | +€49,443 | +21.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €36,280 | €37,547 | +€1,267 | +3.5% |
| Amounts payable within one year | 42/48 | €34,536 | €35,928 | +€1,393 | +4.0% |
| Financial debts | 43 | - | €548 | +€548 | |
| Credit institutions | 430/8 | - | €548 | +€548 | |
| Trade debts | 44 | €2,396 | €2,542 | +€146 | +6.1% |
| Suppliers | 440/4 | €2,396 | €2,542 | +€146 | +6.1% |
| Taxes, remuneration and social security | 45 | €7,713 | €10,911 | +€3,198 | +41.5% |
| Taxes | 450/3 | €7,713 | €10,911 | +€3,198 | +41.5% |
| Other amounts payable | 47/48 | €24,427 | €21,927 | -€2,500 | -10.2% |
| Accrued charges and deferred income | 492/3 | €1,745 | €1,619 | -€126 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,531 | €12,393 | +€1,862 | +17.7% |
| Other operating charges | 640/8 | €845 | €1,175 | +€330 | +39.1% |
| Gross operating margin | 9900 | €76,618 | €85,576 | +€8,958 | +11.7% |
| Operating profit (loss) | 9901 | €65,242 | €72,007 | +€6,765 | +10.4% |
| Financial income | 75/76B | €65 | €77 | +€12 | +19.0% |
| Recurring financial income | 75 | €65 | €77 | +€12 | +19.0% |
| Financial charges | 65/66B | €1,884 | €1,859 | -€25 | -1.3% |
| Recurring financial charges | 65 | €1,884 | €1,859 | -€25 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €63,423 | €70,226 | +€6,802 | +10.7% |
| Income taxes | 67/77 | €18,727 | €20,782 | +€2,055 | +11.0% |
| Profit (loss) for the period | 9904 | €44,697 | €49,443 | +€4,747 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,697 | €49,443 | +€4,747 | +10.6% |
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 5 October 2026 via checked.be.