TENG XING: 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.
TENG XING
Largest movements
- Tangible fixed assets -€4,692
down €4,692 (-55.3%), from €8,484 to €3,792
of which Plant, machinery and equipment: -€4,301
- Cash -€4,270
down €4,270 (-22.7%), from €18,811 to €14,541
mainly Net result for the year (-€10,339) and Trade debts (-€834)
- Receivables within one year -€1,450
down €1,450 (-33.3%), from €4,350 to €2,900
- Stocks and contracts -€835
down €835 (-42.7%), from €1,955 to €1,120
- Deferred charges and accrued income +€778
up €778 (+28.0%), from €2,776 to €3,554
- Profit (loss) carried forward -€10,339
new in 2025: -€10,339
- Accrued charges and deferred income +€1,344
up €1,344 (+956%), from €141 to €1,485
- Trade debts -€834
down €834 (-27.3%), from €3,055 to €2,221
- Tax, wage and social debts -€639
down €639 (-11.2%), from €5,723 to €5,084
of which Remuneration and social security: -€1,157
- Staff costs +€12,859
up €12,859 (+42.3%), from €30,406 to €43,264
- Financial charges +€1,498
up €1,498 (+74.4%), from €2,013 to €3,511
- Gross operating margin -€844
down €844 (-2.0%), from €43,173 to €42,329
- Taxes -€608
down €608 (-80.2%), from €758 to €150
- Other operating charges +€548
up €548 (+100.0%), from €548 to €1,096
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.
Derived cash bridge
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 | €36,376 | €25,907 | -€10,469 | -28.8% |
| Fixed assets | 21/28 | €8,484 | €3,792 | -€4,692 | -55.3% |
| Tangible fixed assets | 22/27 | €8,484 | €3,792 | -€4,692 | -55.3% |
| Plant, machinery and equipment | 23 | €7,656 | €3,354 | -€4,301 | -56.2% |
| Furniture and vehicles | 24 | €829 | €438 | -€391 | -47.2% |
| Current assets | 29/58 | €27,892 | €22,115 | -€5,776 | -20.7% |
| Stocks and contracts in progress | 3 | €1,955 | €1,120 | -€835 | -42.7% |
| Stocks | 30/36 | €1,955 | €1,120 | -€835 | -42.7% |
| Amounts receivable within one year | 40/41 | €4,350 | €2,900 | -€1,450 | -33.3% |
| Other amounts receivable | 41 | €4,350 | €2,900 | -€1,450 | -33.3% |
| Cash at bank and in hand | 54/58 | €18,811 | €14,541 | -€4,270 | -22.7% |
| Deferred charges and accrued income | 490/1 | €2,776 | €3,554 | +€778 | +28.0% |
| Total equity and liabilities | 10/49 | €36,376 | €25,907 | -€10,469 | -28.8% |
| Equity | 10/15 | €27,457 | €17,118 | -€10,339 | -37.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €19,397 | €19,397 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,397 | €19,397 | = | 0.0% |
| Other | 1319 | €19,397 | €19,397 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,339 | -€10,339 | |
| Amounts payable | 17/49 | €8,919 | €8,789 | -€129 | -1.5% |
| Amounts payable within one year | 42/48 | €8,778 | €7,304 | -€1,474 | -16.8% |
| Trade debts | 44 | €3,055 | €2,221 | -€834 | -27.3% |
| Suppliers | 440/4 | €3,055 | €2,221 | -€834 | -27.3% |
| Taxes, remuneration and social security | 45 | €5,723 | €5,084 | -€639 | -11.2% |
| Taxes | 450/3 | €327 | €845 | +€517 | +158% |
| Remuneration and social security | 454/9 | €5,396 | €4,239 | -€1,157 | -21.4% |
| Accrued charges and deferred income | 492/3 | €141 | €1,485 | +€1,344 | +956% |
| Non-recurring operating income | 76A | €12,100 | - | -€12,100 | |
| Remuneration, social security and pensions | 62 | €30,406 | €43,264 | +€12,859 | +42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,717 | €4,692 | -€25 | -0.5% |
| Other operating charges | 640/8 | €548 | €1,096 | +€548 | +100.0% |
| Gross operating margin | 9900 | €43,173 | €42,329 | -€844 | -2.0% |
| Operating profit (loss) | 9901 | €7,502 | -€6,723 | -€14,225 | |
| Financial income | 75/76B | €37 | €44 | +€7 | +19.4% |
| Recurring financial income | 75 | €37 | €44 | +€7 | +19.4% |
| Non-recurring financial income | 76B | €37 | €44 | +€7 | +19.4% |
| Financial charges | 65/66B | €2,013 | €3,511 | +€1,498 | +74.4% |
| Recurring financial charges | 65 | €2,013 | €3,511 | +€1,498 | +74.4% |
| Profit (loss) for the period before taxes | 9903 | €5,526 | -€10,190 | -€15,716 | |
| Income taxes | 67/77 | €758 | €150 | -€608 | -80.2% |
| Profit (loss) for the period | 9904 | €4,769 | -€10,339 | -€15,108 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,769 | -€10,339 | -€15,108 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.