TENSO: 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.
TENSO
Largest movements
- Receivables within one year -€10,482
down €10,482 (-21.9%), from €47,762 to €37,281
of which Other amounts receivable: -€11,902
- Tangible fixed assets +€10,190
up €10,190 (+172.9%), from €5,894 to €16,084
of which Furniture and vehicles: +€10,286
- Deferred charges and accrued income +€779
up €779 (+84.4%), from €924 to €1,703
- Profit (loss) carried forward +€5,309
up €5,309 (+1145.0%), from €464 to €5,772
- Tax, wage and social debts -€4,621
down €4,621 (-23.2%), from €19,945 to €15,324
- Trade debts -€804
down €804 (-54.1%), from €1,487 to €683
- Short-term financial debts +€607
up €607 (+387.8%), from €157 to €764
- Gross operating margin -€11,111
down €11,111 (-46.6%), from €23,821 to €12,709
- Taxes -€4,237
down €4,237 (-63.3%), from €6,691 to €2,454
- Depreciation +€2,052
up €2,052 (+170.2%), from €1,206 to €3,258
- Financial charges -€657
down €657 (-50.6%), from €1,297 to €640
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 | €56,513 | €57,003 | +€490 | +0.9% |
| Fixed assets | 21/28 | €5,894 | €16,084 | +€10,190 | +172.9% |
| Tangible fixed assets | 22/27 | €5,894 | €16,084 | +€10,190 | +172.9% |
| Plant, machinery and equipment | 23 | €96 | - | -€96 | |
| Furniture and vehicles | 24 | €5,797 | €16,084 | +€10,286 | +177.4% |
| Current assets | 29/58 | €50,619 | €40,919 | -€9,700 | -19.2% |
| Amounts receivable within one year | 40/41 | €47,762 | €37,281 | -€10,482 | -21.9% |
| Trade receivables | 40 | €1,180 | €2,600 | +€1,420 | +120.4% |
| Other amounts receivable | 41 | €46,583 | €34,681 | -€11,902 | -25.6% |
| Cash at bank and in hand | 54/58 | €1,933 | €1,935 | +€2 | +0.1% |
| Deferred charges and accrued income | 490/1 | €924 | €1,703 | +€779 | +84.4% |
| Total equity and liabilities | 10/49 | €56,513 | €57,003 | +€490 | +0.9% |
| Equity | 10/15 | €34,924 | €40,232 | +€5,309 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,860 | €15,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €464 | €5,772 | +€5,309 | +1145.0% |
| Amounts payable | 17/49 | €21,589 | €16,771 | -€4,818 | -22.3% |
| Amounts payable within one year | 42/48 | €21,589 | €16,771 | -€4,818 | -22.3% |
| Financial debts | 43 | €157 | €764 | +€607 | +387.8% |
| Credit institutions | 430/8 | €157 | €764 | +€607 | +387.8% |
| Trade debts | 44 | €1,487 | €683 | -€804 | -54.1% |
| Suppliers | 440/4 | €1,487 | €683 | -€804 | -54.1% |
| Taxes, remuneration and social security | 45 | €19,945 | €15,324 | -€4,621 | -23.2% |
| Taxes | 450/3 | €19,945 | €15,324 | -€4,621 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,206 | €3,258 | +€2,052 | +170.2% |
| Other operating charges | 640/8 | €998 | €1,048 | +€50 | +5.0% |
| Gross operating margin | 9900 | €23,821 | €12,709 | -€11,111 | -46.6% |
| Operating profit (loss) | 9901 | €21,617 | €8,403 | -€13,214 | -61.1% |
| Financial charges | 65/66B | €1,297 | €640 | -€657 | -50.6% |
| Recurring financial charges | 65 | €1,297 | €640 | -€657 | -50.6% |
| Profit (loss) for the period before taxes | 9903 | €20,320 | €7,763 | -€12,557 | -61.8% |
| Income taxes | 67/77 | €6,691 | €2,454 | -€4,237 | -63.3% |
| Profit (loss) for the period | 9904 | €13,629 | €5,309 | -€8,320 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,629 | €5,309 | -€8,320 | -61.0% |
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.