TENLAB: 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.
TENLAB
Largest movements
- Deferred charges and accrued income -€15,526
no longer reported in 2025 (was €15,526)
- Cash +€12,478
up €12,478 (+16.5%), from €75,812 to €88,290
mainly Net result for the year (+€59,514) and Other debts (+€35,000)
- Receivables within one year -€4,876
down €4,876 (-8.8%), from €55,333 to €50,458
of which Other amounts receivable: -€14,586
- Reserves -€40,000
no longer reported in 2025 (was €40,000)
- Other debts +€35,000
up €35,000 (+58.3%), from €60,000 to €95,000
- Trade debts -€9,770
down €9,770 (-46.4%), from €21,040 to €11,269
- Profit (loss) carried forward +€4,514
up €4,514 (+1416.9%), from €319 to €4,832
- Tax, wage and social debts +€2,057
up €2,057 (+25.8%), from €7,973 to €10,030
- Gross operating margin -€9,997
down €9,997 (-11.7%), from €85,161 to €75,164
- Taxes -€2,289
down €2,289 (-12.8%), from €17,850 to €15,561
- Other operating charges -€990
down €990 (-57.6%), from €1,718 to €728
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 | €147,931 | €139,731 | -€8,200 | -5.5% |
| Fixed assets | 21/28 | €1,260 | €983 | -€277 | -22.0% |
| Tangible fixed assets | 22/27 | €1,260 | €983 | -€277 | -22.0% |
| Furniture and vehicles | 24 | €1,260 | €983 | -€277 | -22.0% |
| Current assets | 29/58 | €146,671 | €138,748 | -€7,923 | -5.4% |
| Amounts receivable within one year | 40/41 | €55,333 | €50,458 | -€4,876 | -8.8% |
| Trade receivables | 40 | - | €9,710 | +€9,710 | |
| Other amounts receivable | 41 | €55,333 | €40,747 | -€14,586 | -26.4% |
| Cash at bank and in hand | 54/58 | €75,812 | €88,290 | +€12,478 | +16.5% |
| Deferred charges and accrued income | 490/1 | €15,526 | - | -€15,526 | |
| Total equity and liabilities | 10/49 | €147,931 | €139,731 | -€8,200 | -5.5% |
| Equity | 10/15 | €58,919 | €23,432 | -€35,486 | -60.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,000 | - | -€40,000 | |
| Distributable reserves | 133 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | €319 | €4,832 | +€4,514 | +1416.9% |
| Amounts payable | 17/49 | €89,013 | €116,299 | +€27,286 | +30.7% |
| Amounts payable within one year | 42/48 | €89,013 | €116,299 | +€27,286 | +30.7% |
| Trade debts | 44 | €21,040 | €11,269 | -€9,770 | -46.4% |
| Suppliers | 440/4 | €21,040 | €11,269 | -€9,770 | -46.4% |
| Taxes, remuneration and social security | 45 | €7,973 | €10,030 | +€2,057 | +25.8% |
| Taxes | 450/3 | €7,973 | €10,030 | +€2,057 | +25.8% |
| Other amounts payable | 47/48 | €60,000 | €95,000 | +€35,000 | +58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124 | €277 | +€153 | +123.9% |
| Other operating charges | 640/8 | €1,718 | €728 | -€990 | -57.6% |
| Gross operating margin | 9900 | €85,161 | €75,164 | -€9,997 | -11.7% |
| Operating profit (loss) | 9901 | €83,319 | €74,159 | -€9,160 | -11.0% |
| Financial income | 75/76B | €2,135 | €1,295 | -€840 | -39.3% |
| Recurring financial income | 75 | €2,135 | €1,295 | -€840 | -39.3% |
| Financial charges | 65/66B | €389 | €379 | -€10 | -2.5% |
| Recurring financial charges | 65 | €389 | €379 | -€10 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €85,065 | €75,075 | -€9,990 | -11.7% |
| Income taxes | 67/77 | €17,850 | €15,561 | -€2,289 | -12.8% |
| Profit (loss) for the period | 9904 | €67,216 | €59,514 | -€7,702 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,216 | €59,514 | -€7,702 | -11.5% |
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 9 October 2026 via checked.be.