TenS: 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.
TenS
Largest movements
- Tangible fixed assets +€83,029
up €83,029 (+16411.4%), from €506 to €83,535
- Cash +€33,876
up €33,876 (+26.4%), from €128,348 to €162,224
mainly Net result for the year (+€153,766) and Other debts (+€82,403)
- Receivables within one year +€17,528
up €17,528 (+430.1%), from €4,075 to €21,603
of which Trade receivables: +€12,535
- Other debts +€82,403
up €82,403 (+437.7%), from €18,824 to €101,228
- Reserves +€57,420
up €57,420 (+59.6%), from €96,346 to €153,766
- Tax, wage and social debts -€11,394
down €11,394 (-70.5%), from €16,158 to €4,764
- Accrued charges and deferred income +€4,250
new in 2025: €4,250
- Gross operating margin +€170,096
up €170,096 (+215.4%), from €78,973 to €249,069
- Taxes +€41,204
up €41,204 (+252.7%), from €16,303 to €57,507
- Depreciation +€31,169
up €31,169 (+3211.0%), from €971 to €32,140
- Financial charges +€4,239
up €4,239 (+4644.4%), from €91 to €4,331
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 | €133,382 | €268,000 | +€134,618 | +100.9% |
| Fixed assets | 21/28 | €506 | €83,535 | +€83,029 | +16411.4% |
| Tangible fixed assets | 22/27 | €506 | €83,535 | +€83,029 | +16411.4% |
| Furniture and vehicles | 24 | €506 | €83,535 | +€83,029 | +16411.4% |
| Current assets | 29/58 | €132,876 | €184,465 | +€51,589 | +38.8% |
| Amounts receivable within one year | 40/41 | €4,075 | €21,603 | +€17,528 | +430.1% |
| Trade receivables | 40 | €4,075 | €16,610 | +€12,535 | +307.6% |
| Other amounts receivable | 41 | - | €4,993 | +€4,993 | |
| Cash at bank and in hand | 54/58 | €128,348 | €162,224 | +€33,876 | +26.4% |
| Deferred charges and accrued income | 490/1 | €452 | €637 | +€185 | +41.0% |
| Total equity and liabilities | 10/49 | €133,382 | €268,000 | +€134,618 | +100.9% |
| Equity | 10/15 | €97,346 | €154,766 | +€57,420 | +59.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €96,346 | €153,766 | +€57,420 | +59.6% |
| Distributable reserves | 133 | €96,346 | €153,766 | +€57,420 | +59.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €36,036 | €113,234 | +€77,198 | +214.2% |
| Amounts payable within one year | 42/48 | €36,036 | €108,984 | +€72,948 | +202.4% |
| Trade debts | 44 | €1,053 | €2,992 | +€1,939 | +184.1% |
| Suppliers | 440/4 | €1,053 | €2,992 | +€1,939 | +184.1% |
| Taxes, remuneration and social security | 45 | €16,158 | €4,764 | -€11,394 | -70.5% |
| Taxes | 450/3 | €16,158 | €4,764 | -€11,394 | -70.5% |
| Other amounts payable | 47/48 | €18,824 | €101,228 | +€82,403 | +437.7% |
| Accrued charges and deferred income | 492/3 | - | €4,250 | +€4,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €32,140 | +€31,169 | +3211.0% |
| Other operating charges | 640/8 | €258 | €1,325 | +€1,067 | +413.6% |
| Gross operating margin | 9900 | €78,973 | €249,069 | +€170,096 | +215.4% |
| Operating profit (loss) | 9901 | €77,744 | €215,603 | +€137,860 | +177.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €91 | €4,331 | +€4,239 | +4644.4% |
| Recurring financial charges | 65 | €91 | €4,331 | +€4,239 | +4644.4% |
| Profit (loss) for the period before taxes | 9903 | €77,653 | €211,273 | +€133,620 | +172.1% |
| Income taxes | 67/77 | €16,303 | €57,507 | +€41,204 | +252.7% |
| Profit (loss) for the period | 9904 | €61,349 | €153,766 | +€92,417 | +150.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,349 | €153,766 | +€92,417 | +150.6% |
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.