TENFORCE: 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.
What changed
TENFORCE
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€99,368
2024 · -€3.5m+€3.4m
Equity
€234,444
2024 · €333,811-€99,368
Cash
€151,435
2024 · €296,100-€144,665
Balance sheet total
€7.7m
2024 · €6.6m+€1.1m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+50.5%), from €2.6m to €4.0m
of which Trade receivables: +€1.3m
- Receivables after one year -€1.2m
down €1.2m (-100.0%), from €1.2m to €0
- Financial fixed assets +€1.1m
up €1.1m (+73.9%), from €1.5m to €2.6m
of which Affiliated companies: +€1.1m
- Intangible fixed assets +€157,435
up €157,435 (+55.7%), from €282,496 to €439,930
- Cash -€144,665
down €144,665 (-48.9%), from €296,100 to €151,435
mainly Investment in fixed assets (net) (-€1.4m) and Receivables within one year (-€1.3m)
Equity and liabilities
- Accrued charges and deferred income +€839,127
up €839,127 (+42.1%), from €2.0m to €2.8m
- Tax, wage and social debts +€195,385
up €195,385 (+24.0%), from €812,601 to €1.0m
of which Taxes: +€117,891
- Short-term financial debts +€146,226
up €146,226 (+5.9%), from €2.5m to €2.6m
- Profit (loss) carried forward -€99,368
down €99,368 (-1.0%), from -€9.9m to -€10.0m
Income statement
- Staff costs -€1.1m
down €1.1m (-20.4%), from €5.4m to €4.3m
- Turnover +€1.1m
up €1.1m (+16.4%), from €6.7m to €7.8m
- Services and other goods -€874,630
down €874,630 (-30.6%), from €2.9m to €2.0m
- Financial charges +€205,276
up €205,276 (+341.9%), from €60,036 to €265,312
- Goods and materials -€142,487
down €142,487 (-7.6%), from €1.9m to €1.7m
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.
Result 2024
-€3.5m
Turnover
+€1.1m
Other operating income
+€79,174
Goods and materials
+€142,487
Services and other goods
+€874,630
Staff costs
+€1.1m
Depreciation
+€55,242
Other operating charges
+€2,175
Other operating items
+€306,000
Financial income
-€25,279
Financial charges
-€205,276
Taxes
-€4,256
Result 2025
-€99,368
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.
From operations
+€1.1m
Investment
-€1.4m
Financing
+€155,915
Cash 2024
€296,100
From operations (derived)
+€1.1m
Net result for the year
-€99,368
Depreciation
+€279,937
Receivables after one year
+€1.2m
Receivables within one year
-€1.3m
Deferred charges and accrued income
+€40,980
Trade debts
+€12,997
Tax, wage and social debts
+€195,385
Accrued charges and deferred income
+€839,127
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€155,915
Current portion of long-term debt
+€9,689
Short-term financial debts
+€146,226
Cash 2025
€151,435
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,624,066 | €7,728,123 | +€1.1m | +16.7% |
| Fixed assets | 21/28 | €2,369,678 | €3,502,428 | +€1.1m | +47.8% |
| Intangible fixed assets | 21 | €282,496 | €439,930 | +€157,435 | +55.7% |
| Tangible fixed assets | 22/27 | €600,683 | €476,899 | -€123,785 | -20.6% |
| Plant, machinery and equipment | 23 | €390,134 | €322,779 | -€67,354 | -17.3% |
| Furniture and vehicles | 24 | €210,550 | €154,119 | -€56,431 | -26.8% |
| Financial fixed assets | 28 | €1,486,500 | €2,585,600 | +€1.1m | +73.9% |
| Affiliated companies | 280/1 | €1,286,670 | €2,407,840 | +€1.1m | +87.1% |
| Participating interests | 280 | €1,286,670 | €1,286,670 | = | 0.0% |
| Amounts receivable | 281 | - | €1,121,170 | +€1.1m | |
| Other financial fixed assets | 284/8 | €199,830 | €177,760 | -€22,070 | -11.0% |
| Amounts receivable and cash guarantees | 285/8 | €199,830 | €177,760 | -€22,070 | -11.0% |
| Current assets | 29/58 | €4,254,387 | €4,225,694 | -€28,693 | -0.7% |
| Amounts receivable after more than one year | 29 | €1,177,395 | €0 | -€1.2m | -100.0% |
| Other amounts receivable | 291 | €1,177,395 | €0 | -€1.2m | -100.0% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,640,415 | €3,974,762 | +€1.3m | +50.5% |
| Trade receivables | 40 | €2,227,238 | €3,549,846 | +€1.3m | +59.4% |
| Other amounts receivable | 41 | €413,177 | €424,917 | +€11,739 | +2.8% |
| Cash at bank and in hand | 54/58 | €296,100 | €151,435 | -€144,665 | -48.9% |
| Deferred charges and accrued income | 490/1 | €140,477 | €99,497 | -€40,980 | -29.2% |
| Total equity and liabilities | 10/49 | €6,624,066 | €7,728,123 | +€1.1m | +16.7% |
| Equity | 10/15 | €333,811 | €234,444 | -€99,368 | -29.8% |
| Contributions | 10/11 | €10,061,500 | €10,061,500 | = | 0.0% |
| Capital | 10 | €92,449 | €92,449 | = | 0.0% |
| Issued capital | 100 | €92,449 | €92,449 | = | 0.0% |
| Outside capital | 11 | €9,969,052 | €9,969,052 | = | 0.0% |
| Share premium | 1100/10 | €9,969,052 | €9,969,052 | = | 0.0% |
| Reserves | 13 | €200,827 | €200,827 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €157,177 | €157,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,928,515 | -€10,027,883 | -€99,368 | -1.0% |
| Amounts payable | 17/49 | €6,290,254 | €7,493,679 | +€1.2m | +19.1% |
| Amounts payable within one year | 42/48 | €4,298,838 | €4,663,135 | +€364,297 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | - | €9,689 | +€9,689 | |
| Financial debts | 43 | €2,496,256 | €2,642,482 | +€146,226 | +5.9% |
| Credit institutions | 430/8 | €2,496,256 | €2,642,482 | +€146,226 | +5.9% |
| Trade debts | 44 | €989,981 | €1,002,978 | +€12,997 | +1.3% |
| Suppliers | 440/4 | €989,981 | €1,002,978 | +€12,997 | +1.3% |
| Taxes, remuneration and social security | 45 | €812,601 | €1,007,986 | +€195,385 | +24.0% |
| Taxes | 450/3 | €297,880 | €415,770 | +€117,891 | +39.6% |
| Remuneration and social security | 454/9 | €514,721 | €592,215 | +€77,494 | +15.1% |
| Accrued charges and deferred income | 492/3 | €1,991,417 | €2,830,544 | +€839,127 | +42.1% |
| Operating income | 70/76A | €6,960,728 | €8,438,143 | +€1.5m | +21.2% |
| Turnover | 70 | €6,660,149 | €7,752,390 | +€1.1m | +16.4% |
| Own construction capitalised | 72 | €0 | €306,000 | +€306,000 | |
| Other operating income | 74 | €300,579 | €379,753 | +€79,174 | +26.3% |
| Operating charges | 60/66A | €10,498,714 | €8,326,286 | -€2.2m | -20.7% |
| Goods for resale, raw materials and consumables | 60 | €1,886,299 | €1,743,812 | -€142,487 | -7.6% |
| Purchases | 600/8 | €1,886,299 | €1,743,812 | -€142,487 | -7.6% |
| Services and other goods | 61 | €2,856,087 | €1,981,458 | -€874,630 | -30.6% |
| Remuneration, social security and pensions | 62 | €5,383,324 | €4,285,429 | -€1.1m | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,179 | €279,937 | -€55,242 | -16.5% |
| Other operating charges | 640/8 | €37,826 | €35,651 | -€2,175 | -5.8% |
| Operating profit (loss) | 9901 | -€3,537,987 | €111,857 | +€3.6m | |
| Financial income | 75/76B | €90,355 | €65,076 | -€25,279 | -28.0% |
| Recurring financial income | 75 | €90,355 | €65,076 | -€25,279 | -28.0% |
| Income from financial fixed assets | 750 | €32,524 | €1,983 | -€30,542 | -93.9% |
| Other financial income | 752/9 | €57,831 | €63,094 | +€5,263 | +9.1% |
| Financial charges | 65/66B | €60,036 | €265,312 | +€205,276 | +341.9% |
| Recurring financial charges | 65 | €60,036 | €265,312 | +€205,276 | +341.9% |
| Debt charges | 650 | €47,242 | €170,576 | +€123,334 | +261.1% |
| Other financial charges | 652/9 | €12,795 | €94,736 | +€81,942 | +640.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,507,668 | -€88,379 | +€3.4m | +97.5% |
| Income taxes | 67/77 | €6,733 | €10,989 | +€4,256 | +63.2% |
| Taxes | 670/3 | €6,733 | €10,989 | +€4,256 | +63.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€3,514,401 | -€99,368 | +€3.4m | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,514,401 | -€99,368 | +€3.4m | +97.2% |
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 4 October 2026 via checked.be.