TENET SYSTEMS: what changed
Two financial 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.
TENET SYSTEMS
Largest movements
- Cash +€157
up €157 (+68.6%), from €229 to €386
mainly Other debts (+€1,790)
- Other debts +€1,790
up €1,790 (+909%), from €197 to €1,987
- Profit (loss) carried forward -€1,275
down €1,275 (-4.8%), from -€26,526 to -€27,801
- Trade debts -€358
no longer reported in 2023 (was €358)
- Staff costs -€5,086
no longer reported in 2023 (was €5,086)
- Gross operating margin +€1,115
up €1,115 (+50.8%), from -€2,195 to -€1,080
- Financial charges -€918
down €918 (-96.0%), from €956 to €38
- Other operating charges -€445
down €445 (-59.0%), from €754 to €309
- Financial income +€152
new in 2023: €152
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €229 | €386 | +€157 | +68.6% |
| Current assets | 29/58 | €229 | €386 | +€157 | +68.6% |
| Cash at bank and in hand | 54/58 | €229 | €386 | +€157 | +68.6% |
| Total equity and liabilities | 10/49 | €229 | €386 | +€157 | +68.6% |
| Equity | 10/15 | -€20,326 | -€21,601 | -€1,275 | -6.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,526 | -€27,801 | -€1,275 | -4.8% |
| Amounts payable | 17/49 | €20,555 | €21,987 | +€1,432 | +7.0% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €555 | €1,987 | +€1,432 | +258% |
| Trade debts | 44 | €358 | - | -€358 | |
| Suppliers | 440/4 | €358 | - | -€358 | |
| Other amounts payable | 47/48 | €197 | €1,987 | +€1,790 | +909% |
| Remuneration, social security and pensions | 62 | €5,086 | - | -€5,086 | |
| Other operating charges | 640/8 | €754 | €309 | -€445 | -59.0% |
| Gross operating margin | 9900 | -€2,195 | -€1,080 | +€1,115 | +50.8% |
| Operating profit (loss) | 9901 | -€8,035 | -€1,389 | +€6,646 | +82.7% |
| Financial income | 75/76B | - | €152 | +€152 | |
| Recurring financial income | 75 | - | €152 | +€152 | |
| Financial charges | 65/66B | €956 | €38 | -€918 | -96.0% |
| Recurring financial charges | 65 | €956 | €38 | -€918 | -96.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,991 | -€1,275 | +€7,716 | +85.8% |
| Profit (loss) for the period | 9904 | -€8,991 | -€1,275 | +€7,716 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,991 | -€1,275 | +€7,716 | +85.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.