TENTE: 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.
What changed
TENTE
NACE 22.110, Manufacture of rubber and plastic products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€747,974
2024 · €822,315-€74,341
Equity
€8.1m
2024 · €8.0m+€110,506
Cash
€577,112
2024 · €952,362-€375,250
Balance sheet total
€10.9m
2024 · €11.1m-€193,027
Largest movements
Assets
- Stocks and contracts +€741,516
up €741,516 (+21.3%), from €3.5m to €4.2m
- Current investments -€488,471
down €488,471 (-35.3%), from €1.4m to €894,675
- Cash -€375,250
down €375,250 (-39.4%), from €952,362 to €577,112
mainly Stocks and contracts (-€741,516) and Contributions, distributions and other (-€637,468)
- Tangible fixed assets -€201,001
down €201,001 (-5.0%), from €4.0m to €3.8m
of which Land and buildings: -€172,998
- Receivables within one year +€128,192
up €128,192 (+9.6%), from €1.3m to €1.5m
of which Trade receivables: +€126,279
Equity and liabilities
- Debts after one year -€192,722
down €192,722 (-13.3%), from €1.4m to €1.3m
Income statement
- Turnover +€194,400
up €194,400 (+1.4%), from €13.7m to €13.9m
- Services and other goods +€171,969
up €171,969 (+8.3%), from €2.1m to €2.2m
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.
Result 2024
€822,315
Turnover
+€194,400
Other operating income
+€78,529
Goods and materials
-€44,958
Services and other goods
-€171,969
Staff costs
-€36,694
Depreciation
-€29,327
Write-downs
-€74,180
Other operating charges
-€551
Other operating items
-€4,000
Financial income
-€14,391
Financial charges
+€3,721
Taxes
+€25,079
Result 2025
€747,974
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.
From operations
+€26,984
Investment
+€423,531
Financing
-€825,765
Cash 2024
€952,362
From operations (derived)
+€26,984
Net result for the year
+€747,974
Depreciation
+€263,184
Stocks and contracts
-€741,516
Receivables within one year
-€128,192
Smaller working-capital items
+€576
Trade debts
-€88,180
Tax, wage and social debts
-€38,090
Other debts
+€16,016
Accrued charges and deferred income
-€4,789
Investment (derived)
+€423,531
Investment in fixed assets (net)
-€64,940
Current investments
+€488,471
Financing
-€825,765
Debts after one year
-€192,722
Current portion of long-term debt
+€4,425
Contributions, distributions and other
-€637,468
Cash 2025
€577,112
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,139,964 | €10,946,937 | -€193,027 | -1.7% |
| Fixed assets | 21/28 | €3,994,547 | €3,796,304 | -€198,244 | -5.0% |
| Intangible fixed assets | 21 | €3,167 | €5,924 | +€2,758 | +87.1% |
| Tangible fixed assets | 22/27 | €3,991,381 | €3,790,380 | -€201,001 | -5.0% |
| Land and buildings | 22 | €3,652,338 | €3,479,341 | -€172,998 | -4.7% |
| Plant, machinery and equipment | 23 | €251,456 | €247,075 | -€4,381 | -1.7% |
| Furniture and vehicles | 24 | €86,715 | €63,511 | -€23,204 | -26.8% |
| Other tangible fixed assets | 26 | €871 | €453 | -€419 | -48.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €7,145,416 | €7,150,633 | +€5,217 | +0.1% |
| Stocks and contracts in progress | 3 | €3,473,582 | €4,215,097 | +€741,516 | +21.3% |
| Stocks | 30/36 | €3,473,582 | €4,215,097 | +€741,516 | +21.3% |
| Goods purchased for resale | 34 | €3,473,582 | €4,215,097 | +€741,516 | +21.3% |
| Amounts receivable within one year | 40/41 | €1,334,986 | €1,463,178 | +€128,192 | +9.6% |
| Trade receivables | 40 | €1,328,784 | €1,455,063 | +€126,279 | +9.5% |
| Other amounts receivable | 41 | €6,202 | €8,115 | +€1,913 | +30.8% |
| Current investments | 50/53 | €1,383,146 | €894,675 | -€488,471 | -35.3% |
| Other investments | 51/53 | €1,383,146 | €894,675 | -€488,471 | -35.3% |
| Cash at bank and in hand | 54/58 | €952,362 | €577,112 | -€375,250 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,340 | €570 | -€770 | -57.4% |
| Total equity and liabilities | 10/49 | €11,139,964 | €10,946,937 | -€193,027 | -1.7% |
| Equity | 10/15 | €7,968,348 | €8,078,854 | +€110,506 | +1.4% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €7,168,228 | €7,278,648 | +€110,421 | +1.5% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,228 | €5,648 | -€579 | -9.3% |
| Distributable reserves | 133 | €7,082,000 | €7,193,000 | +€111,000 | +1.6% |
| Profit (loss) carried forward | 14 | €120 | €205 | +€86 | +71.6% |
| Provisions and deferred taxes | 16 | €746 | €553 | -€193 | -25.9% |
| Deferred taxes | 168 | €746 | €553 | -€193 | -25.9% |
| Amounts payable | 17/49 | €3,170,870 | €2,867,531 | -€303,340 | -9.6% |
| Amounts payable after more than one year | 17 | €1,447,979 | €1,255,256 | -€192,722 | -13.3% |
| Financial debts | 170/4 | €1,447,979 | €1,255,256 | -€192,722 | -13.3% |
| Other loans | 174 | €1,447,979 | €1,255,256 | -€192,722 | -13.3% |
| Amounts payable within one year | 42/48 | €1,692,625 | €1,586,796 | -€105,829 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €188,297 | €192,722 | +€4,425 | +2.4% |
| Trade debts | 44 | €497,872 | €409,692 | -€88,180 | -17.7% |
| Suppliers | 440/4 | €497,872 | €409,692 | -€88,180 | -17.7% |
| Taxes, remuneration and social security | 45 | €387,298 | €349,208 | -€38,090 | -9.8% |
| Taxes | 450/3 | €117,554 | €98,305 | -€19,250 | -16.4% |
| Remuneration and social security | 454/9 | €269,744 | €250,904 | -€18,840 | -7.0% |
| Other amounts payable | 47/48 | €619,157 | €635,173 | +€16,016 | +2.6% |
| Accrued charges and deferred income | 492/3 | €30,267 | €25,478 | -€4,789 | -15.8% |
| Operating income | 70/76A | €14,393,967 | €14,662,896 | +€268,929 | +1.9% |
| Turnover | 70 | €13,746,002 | €13,940,402 | +€194,400 | +1.4% |
| Other operating income | 74 | €643,966 | €722,494 | +€78,529 | +12.2% |
| Non-recurring operating income | 76A | €4,000 | €0 | -€4,000 | -100.0% |
| Operating charges | 60/66A | €13,267,355 | €13,625,033 | +€357,679 | +2.7% |
| Goods for resale, raw materials and consumables | 60 | €9,006,947 | €9,051,905 | +€44,958 | +0.5% |
| Purchases | 600/8 | €8,950,661 | €9,791,263 | +€840,602 | +9.4% |
| Change in stocks: decrease (increase) | 609 | €56,285 | -€739,358 | -€795,643 | |
| Services and other goods | 61 | €2,072,194 | €2,244,163 | +€171,969 | +8.3% |
| Remuneration, social security and pensions | 62 | €1,983,936 | €2,020,630 | +€36,694 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,856 | €263,184 | +€29,327 | +12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€67,895 | €6,285 | +€74,180 | |
| Other operating charges | 640/8 | €38,317 | €38,867 | +€551 | +1.4% |
| Operating profit (loss) | 9901 | €1,126,613 | €1,037,863 | -€88,750 | -7.9% |
| Financial income | 75/76B | €44,280 | €29,890 | -€14,391 | -32.5% |
| Recurring financial income | 75 | €44,280 | €29,890 | -€14,391 | -32.5% |
| Income from current assets | 751 | €26,203 | €14,766 | -€11,437 | -43.6% |
| Other financial income | 752/9 | €18,077 | €15,123 | -€2,954 | -16.3% |
| Financial charges | 65/66B | €57,516 | €53,795 | -€3,721 | -6.5% |
| Recurring financial charges | 65 | €57,516 | €53,795 | -€3,721 | -6.5% |
| Debt charges | 650 | €42,776 | €38,453 | -€4,324 | -10.1% |
| Other financial charges | 652/9 | €14,740 | €15,343 | +€603 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €1,113,377 | €1,013,957 | -€99,420 | -8.9% |
| Transfer from deferred taxes | 780 | €193 | €193 | = | 0.0% |
| Income taxes | 67/77 | €291,256 | €266,177 | -€25,079 | -8.6% |
| Taxes | 670/3 | €291,256 | €266,177 | -€25,079 | -8.6% |
| Profit (loss) for the period | 9904 | €822,315 | €747,974 | -€74,341 | -9.0% |
| Transfer from tax-exempt reserves | 789 | €579 | €579 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €822,894 | €748,553 | -€74,341 | -9.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.