TENPROM: 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.
TENPROM
Largest movements
- Tangible fixed assets -€117,825
down €117,825 (-23.4%), from €503,736 to €385,912
of which Plant, machinery and equipment: -€78,574
- Receivables within one year +€93,522
up €93,522 (+190.1%), from €49,208 to €142,729
of which Trade receivables: +€93,630
- Profit (loss) carried forward -€53,351
down €53,351 (-15.1%), from -€352,332 to -€405,683
- Other debts +€46,465
up €46,465 (+50.4%), from €92,248 to €138,713
- Debts after one year -€33,654
down €33,654 (-5.8%), from €584,863 to €551,208
of which Financial debts: -€33,654
- Trade debts +€30,724
up €30,724 (+259.2%), from €11,853 to €42,576
- Investment grants -€20,972
down €20,972 (-16.2%), from €129,535 to €108,563
- Gross operating margin -€12,084
down €12,084 (-15.6%), from €77,378 to €65,294
- Depreciation -€3,483
down €3,483 (-2.8%), from €122,382 to €118,898
- Other operating charges -€1,693
down €1,693 (-13.6%), from €12,443 to €10,750
- Financial charges -€1,047
down €1,047 (-9.5%), from €11,015 to €9,968
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 | €582,642 | €557,073 | -€25,569 | -4.4% |
| Fixed assets | 21/28 | €520,794 | €402,970 | -€117,825 | -22.6% |
| Tangible fixed assets | 22/27 | €503,736 | €385,912 | -€117,825 | -23.4% |
| Land and buildings | 22 | €239,001 | €203,699 | -€35,303 | -14.8% |
| Plant, machinery and equipment | 23 | €247,474 | €168,900 | -€78,574 | -31.8% |
| Furniture and vehicles | 24 | €17,261 | €13,313 | -€3,948 | -22.9% |
| Financial fixed assets | 28 | €17,058 | €17,058 | = | 0.0% |
| Current assets | 29/58 | €61,848 | €154,104 | +€92,256 | +149.2% |
| Amounts receivable within one year | 40/41 | €49,208 | €142,729 | +€93,522 | +190.1% |
| Trade receivables | 40 | €48,968 | €142,597 | +€93,630 | +191.2% |
| Other amounts receivable | 41 | €240 | €132 | -€108 | -45.0% |
| Cash at bank and in hand | 54/58 | €10,473 | €6,719 | -€3,754 | -35.8% |
| Deferred charges and accrued income | 490/1 | €2,167 | €4,655 | +€2,488 | +114.8% |
| Total equity and liabilities | 10/49 | €582,642 | €557,073 | -€25,569 | -4.4% |
| Equity | 10/15 | -€145,797 | -€220,120 | -€74,323 | -51.0% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€352,332 | -€405,683 | -€53,351 | -15.1% |
| Investment grants | 15 | €129,535 | €108,563 | -€20,972 | -16.2% |
| Amounts payable | 17/49 | €728,439 | €777,193 | +€48,754 | +6.7% |
| Amounts payable after more than one year | 17 | €584,863 | €551,208 | -€33,654 | -5.8% |
| Financial debts | 170/4 | €184,863 | €151,208 | -€33,654 | -18.2% |
| Other amounts payable | 178/9 | €400,000 | €400,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €143,577 | €225,985 | +€82,408 | +57.4% |
| Current portion of amounts payable after more than one year | 42 | €33,573 | €33,654 | +€81 | +0.2% |
| Trade debts | 44 | €11,853 | €42,576 | +€30,724 | +259.2% |
| Suppliers | 440/4 | €11,853 | €42,576 | +€30,724 | +259.2% |
| Taxes, remuneration and social security | 45 | €5,902 | €11,041 | +€5,139 | +87.1% |
| Taxes | 450/3 | €5,902 | €11,041 | +€5,139 | +87.1% |
| Other amounts payable | 47/48 | €92,248 | €138,713 | +€46,465 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,382 | €118,898 | -€3,483 | -2.8% |
| Other operating charges | 640/8 | €12,443 | €10,750 | -€1,693 | -13.6% |
| Gross operating margin | 9900 | €77,378 | €65,294 | -€12,084 | -15.6% |
| Operating profit (loss) | 9901 | -€57,447 | -€64,355 | -€6,908 | -12.0% |
| Financial income | 75/76B | €20,972 | €20,972 | +€0 | 0.0% |
| Recurring financial income | 75 | €20,972 | €20,972 | +€0 | 0.0% |
| Financial charges | 65/66B | €11,015 | €9,968 | -€1,047 | -9.5% |
| Recurring financial charges | 65 | €11,015 | €9,968 | -€1,047 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€47,489 | -€53,351 | -€5,861 | -12.3% |
| Profit (loss) for the period | 9904 | -€47,489 | -€53,351 | -€5,861 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,489 | -€53,351 | -€5,861 | -12.3% |
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 7 October 2026 via checked.be.