Tentax: 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.
Tentax
Largest movements
- Tangible fixed assets -€6,993
down €6,993 (-15.7%), from €44,525 to €37,532
of which Land and buildings: -€6,080
- Profit (loss) carried forward -€10,088
down €10,088 (-49.7%), from -€20,313 to -€30,401
- Other debts +€3,050
up €3,050 (+7.1%), from €42,933 to €45,983
- Staff costs -€1,603
no longer reported in 2024 (was €1,603)
- Gross operating margin -€1,463
down €1,463 (-45.9%), from €3,189 to €1,726
- Financial charges -€1,429
down €1,429 (-35.4%), from €4,034 to €2,605
- Depreciation -€1,248
down €1,248 (-15.1%), from €8,242 to €6,993
- Other operating charges +€75
up €75 (+3.5%), from €2,141 to €2,216
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,647 | €64,453 | -€7,194 | -10.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €44,525 | €37,532 | -€6,993 | -15.7% |
| Tangible fixed assets | 22/27 | €44,525 | €37,532 | -€6,993 | -15.7% |
| Land and buildings | 22 | €41,786 | €35,705 | -€6,080 | -14.6% |
| Plant, machinery and equipment | 23 | €2,740 | €1,826 | -€913 | -33.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €27,122 | €26,921 | -€200 | -0.7% |
| Amounts receivable after more than one year | 29 | €17,000 | €17,000 | = | 0.0% |
| Other amounts receivable | 291 | €17,000 | €17,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,814 | €7,814 | = | 0.0% |
| Other amounts receivable | 41 | €7,814 | €7,814 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,033 | €508 | -€526 | -50.9% |
| Deferred charges and accrued income | 490/1 | €1,274 | €1,599 | +€325 | +25.5% |
| Total equity and liabilities | 10/49 | €71,647 | €64,453 | -€7,194 | -10.0% |
| Equity | 10/15 | €13,458 | €3,370 | -€10,088 | -75.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €3,771 | €3,771 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,445 | €1,445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,445 | €1,445 | = | 0.0% |
| Distributable reserves | 133 | €2,327 | €2,327 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,313 | -€30,401 | -€10,088 | -49.7% |
| Amounts payable | 17/49 | €58,189 | €61,083 | +€2,894 | +5.0% |
| Amounts payable within one year | 42/48 | €58,189 | €61,083 | +€2,894 | +5.0% |
| Financial debts | 43 | €15,100 | €15,100 | = | 0.0% |
| Credit institutions | 430/8 | €15,100 | €15,100 | = | 0.0% |
| Trade debts | 44 | €156 | - | -€156 | |
| Suppliers | 440/4 | €156 | - | -€156 | |
| Other amounts payable | 47/48 | €42,933 | €45,983 | +€3,050 | +7.1% |
| Remuneration, social security and pensions | 62 | €1,603 | - | -€1,603 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,242 | €6,993 | -€1,248 | -15.1% |
| Other operating charges | 640/8 | €2,141 | €2,216 | +€75 | +3.5% |
| Gross operating margin | 9900 | €3,189 | €1,726 | -€1,463 | -45.9% |
| Operating profit (loss) | 9901 | -€8,797 | -€7,483 | +€1,314 | +14.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €4,034 | €2,605 | -€1,429 | -35.4% |
| Recurring financial charges | 65 | €4,034 | €2,605 | -€1,429 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,830 | -€10,088 | +€2,742 | +21.4% |
| Profit (loss) for the period | 9904 | -€12,830 | -€10,088 | +€2,742 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,830 | -€10,088 | +€2,742 | +21.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.