Tentconcepts: 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.
Tentconcepts
Largest movements
- Receivables within one year -€176,431
down €176,431 (-28.4%), from €622,279 to €445,849
of which Trade receivables: -€108,047
- Tangible fixed assets -€13,207
down €13,207 (-29.3%), from €45,069 to €31,862
of which Furniture and vehicles: -€12,604
- Financial fixed assets +€13,200
up €13,200 (+511.7%), from €2,580 to €15,780
- Reserves -€134,000
down €134,000 (-34.6%), from €387,620 to €253,620
of which Distributable reserves: -€134,000
- Advances received -€94,419
down €94,419 (-50.8%), from €186,034 to €91,615
- Trade debts +€88,717
up €88,717 (+26.6%), from €334,027 to €422,743
- Debts after one year -€24,596
down €24,596 (-23.4%), from €105,046 to €80,450
of which Other amounts payable: -€15,222
- Short-term financial debts +€14,853
up €14,853 (+8.0%), from €185,147 to €200,000
- Write-downs +€80,888
no longer reported in 2025 (was -€80,888)
- Gross operating margin +€74,433
up €74,433 (+48.9%), from €152,165 to €226,598
- Staff costs -€16,102
down €16,102 (-8.3%), from €194,385 to €178,283
- Financial income -€15,817
down €15,817 (-70.9%), from €22,305 to €6,488
- Depreciation -€3,100
down €3,100 (-12.4%), from €25,048 to €21,948
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 | €1,289,459 | €1,125,938 | -€163,521 | -12.7% |
| Formation expenses | 20 | €12,505 | €8,729 | -€3,776 | -30.2% |
| Fixed assets | 21/28 | €48,625 | €48,166 | -€459 | -0.9% |
| Intangible fixed assets | 21 | €977 | €525 | -€452 | -46.3% |
| Tangible fixed assets | 22/27 | €45,069 | €31,862 | -€13,207 | -29.3% |
| Plant, machinery and equipment | 23 | €2,064 | €3,976 | +€1,912 | +92.7% |
| Furniture and vehicles | 24 | €25,749 | €13,145 | -€12,604 | -48.9% |
| Other tangible fixed assets | 26 | €17,257 | €14,741 | -€2,516 | -14.6% |
| Financial fixed assets | 28 | €2,580 | €15,780 | +€13,200 | +511.7% |
| Current assets | 29/58 | €1,228,329 | €1,069,043 | -€159,286 | -13.0% |
| Stocks and contracts in progress | 3 | €538,899 | €548,127 | +€9,228 | +1.7% |
| Stocks | 30/36 | €538,899 | €548,127 | +€9,228 | +1.7% |
| Amounts receivable within one year | 40/41 | €622,279 | €445,849 | -€176,431 | -28.4% |
| Trade receivables | 40 | €513,792 | €405,746 | -€108,047 | -21.0% |
| Other amounts receivable | 41 | €108,487 | €40,103 | -€68,384 | -63.0% |
| Cash at bank and in hand | 54/58 | €62,703 | €66,593 | +€3,890 | +6.2% |
| Deferred charges and accrued income | 490/1 | €4,449 | €8,474 | +€4,026 | +90.5% |
| Total equity and liabilities | 10/49 | €1,289,459 | €1,125,938 | -€163,521 | -12.7% |
| Equity | 10/15 | €427,620 | €293,872 | -€133,748 | -31.3% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €387,620 | €253,620 | -€134,000 | -34.6% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €383,620 | €249,620 | -€134,000 | -34.9% |
| Profit (loss) carried forward | 14 | - | €252 | +€252 | |
| Amounts payable | 17/49 | €861,839 | €832,066 | -€29,773 | -3.5% |
| Amounts payable after more than one year | 17 | €105,046 | €80,450 | -€24,596 | -23.4% |
| Financial debts | 170/4 | €9,374 | - | -€9,374 | |
| Other amounts payable | 178/9 | €95,672 | €80,450 | -€15,222 | -15.9% |
| Amounts payable within one year | 42/48 | €755,058 | €750,185 | -€4,873 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €10,857 | €9,374 | -€1,483 | -13.7% |
| Financial debts | 43 | €185,147 | €200,000 | +€14,853 | +8.0% |
| Credit institutions | 430/8 | €185,147 | €200,000 | +€14,853 | +8.0% |
| Trade debts | 44 | €334,027 | €422,743 | +€88,717 | +26.6% |
| Suppliers | 440/4 | €334,027 | €422,743 | +€88,717 | +26.6% |
| Advances received on contracts in progress | 46 | €186,034 | €91,615 | -€94,419 | -50.8% |
| Taxes, remuneration and social security | 45 | €35,706 | €24,886 | -€10,819 | -30.3% |
| Taxes | 450/3 | €7,771 | €2,317 | -€5,454 | -70.2% |
| Remuneration and social security | 454/9 | €27,935 | €22,569 | -€5,366 | -19.2% |
| Other amounts payable | 47/48 | €3,288 | €1,567 | -€1,721 | -52.4% |
| Accrued charges and deferred income | 492/3 | €1,735 | €1,431 | -€304 | -17.5% |
| Non-recurring operating income | 76A | - | €11,080 | +€11,080 | |
| Remuneration, social security and pensions | 62 | €194,385 | €178,283 | -€16,102 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,048 | €21,948 | -€3,100 | -12.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€80,888 | - | +€80,888 | |
| Other operating charges | 640/8 | €4,148 | €3,506 | -€642 | -15.5% |
| Gross operating margin | 9900 | €152,165 | €226,598 | +€74,433 | +48.9% |
| Operating profit (loss) | 9901 | €9,473 | €22,862 | +€13,389 | +141.3% |
| Financial income | 75/76B | €22,305 | €6,488 | -€15,817 | -70.9% |
| Recurring financial income | 75 | €22,305 | €6,488 | -€15,817 | -70.9% |
| Financial charges | 65/66B | €23,280 | €25,717 | +€2,437 | +10.5% |
| Recurring financial charges | 65 | €23,280 | €25,717 | +€2,437 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €8,498 | €3,633 | -€4,866 | -57.3% |
| Income taxes | 67/77 | €4,914 | €3,380 | -€1,533 | -31.2% |
| Profit (loss) for the period | 9904 | €3,585 | €252 | -€3,333 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,585 | €252 | -€3,333 | -93.0% |
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 5 October 2026 via checked.be.