Tenimco: 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.
Tenimco
Largest movements
- Cash -€70,711
down €70,711 (-66.3%), from €106,733 to €36,022
mainly Current investments (-€60,000) and Other debts (-€31,526)
- Current investments +€60,000
new in 2025: €60,000
- Tangible fixed assets -€5,261
down €5,261 (-4.7%), from €112,433 to €107,173
- Other debts -€31,526
down €31,526 (-87.9%), from €35,886 to €4,360
- Profit (loss) carried forward +€14,963
up €14,963 (+6.4%), from -€234,894 to -€219,931
- Depreciation -€11,661
down €11,661 (-68.9%), from €16,921 to €5,261
- Financial income -€1,437
down €1,437 (-68.6%), from €2,094 to €657
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 | €220,783 | €204,225 | -€16,558 | -7.5% |
| Fixed assets | 21/28 | €112,433 | €107,173 | -€5,261 | -4.7% |
| Tangible fixed assets | 22/27 | €112,433 | €107,173 | -€5,261 | -4.7% |
| Land and buildings | 22 | €112,433 | €107,173 | -€5,261 | -4.7% |
| Current assets | 29/58 | €108,350 | €97,052 | -€11,298 | -10.4% |
| Amounts receivable within one year | 40/41 | €708 | €197 | -€511 | -72.1% |
| Other amounts receivable | 41 | €708 | €197 | -€511 | -72.1% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €106,733 | €36,022 | -€70,711 | -66.3% |
| Deferred charges and accrued income | 490/1 | €909 | €833 | -€76 | -8.4% |
| Total equity and liabilities | 10/49 | €220,783 | €204,225 | -€16,558 | -7.5% |
| Equity | 10/15 | €44,527 | €59,490 | +€14,963 | +33.6% |
| Contributions | 10/11 | €279,421 | €279,421 | = | 0.0% |
| Capital | 10 | €279,421 | €279,421 | = | 0.0% |
| Issued capital | 100 | €279,421 | €279,421 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,894 | -€219,931 | +€14,963 | +6.4% |
| Amounts payable | 17/49 | €176,256 | €144,735 | -€31,521 | -17.9% |
| Amounts payable after more than one year | 17 | €137,256 | €137,256 | = | 0.0% |
| Other amounts payable | 178/9 | €137,256 | €137,256 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,892 | €7,366 | -€31,526 | -81.1% |
| Taxes, remuneration and social security | 45 | €3,006 | €3,006 | = | 0.0% |
| Taxes | 450/3 | €3,006 | €3,006 | = | 0.0% |
| Other amounts payable | 47/48 | €35,886 | €4,360 | -€31,526 | -87.9% |
| Accrued charges and deferred income | 492/3 | €109 | €113 | +€5 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,921 | €5,261 | -€11,661 | -68.9% |
| Other operating charges | 640/8 | €3,417 | €3,526 | +€109 | +3.2% |
| Gross operating margin | 9900 | €33,256 | €33,112 | -€144 | -0.4% |
| Operating profit (loss) | 9901 | €12,917 | €24,325 | +€11,408 | +88.3% |
| Financial income | 75/76B | €2,094 | €657 | -€1,437 | -68.6% |
| Recurring financial income | 75 | €2,094 | €657 | -€1,437 | -68.6% |
| Financial charges | 65/66B | €10,022 | €10,020 | -€3 | 0.0% |
| Recurring financial charges | 65 | €10,022 | €10,020 | -€3 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €4,989 | €14,963 | +€9,973 | +199.9% |
| Profit (loss) for the period | 9904 | €4,989 | €14,963 | +€9,973 | +199.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,989 | €14,963 | +€9,973 | +199.9% |
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 10 October 2026 via checked.be.