Tentoo Payroll Services: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
What changed
Tentoo Payroll Services
NACE 78.200, Temporary employment agencies and other provision of personnel
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.0m
2024 · -€135,335-€872,640
Equity
€76,388
2024 · €1.1m-€1.0m
Cash
€1.4m
2024 · €2.1m-€650,540
Balance sheet total
€3.4m
2024 · €4.4m-€992,732
Largest movements
Assets
- Cash -€650,540
down €650,540 (-31.5%), from €2.1m to €1.4m
mainly Other debts (-€1.5m) and Net result for the year (-€1.0m)
- Receivables within one year -€321,545
down €321,545 (-14.7%), from €2.2m to €1.9m
of which Trade receivables: -€577,641
Equity and liabilities
- Debts after one year +€1.5m
up €1.5m, from €0 to €1.5m
- Other debts -€1.5m
down €1.5m (-95.2%), from €1.5m to €74,407
- Profit (loss) carried forward -€1.0m
down €1.0m (-77.3%), from -€1.3m to -€2.3m
- Tax, wage and social debts -€305,837
down €305,837 (-21.0%), from €1.5m to €1.2m
of which Remuneration and social security: -€259,205
- Provisions +€268,054
new in 2025: €268,054
Income statement
- Write-downs +€783,908
up €783,908, from -€26,403 to €757,504
- Staff costs +€733,425
up €733,425 (+4.8%), from €15.3m to €16.1m
- Turnover +€498,529
up €498,529 (+3.0%), from €16.4m to €16.9m
- Services and other goods -€308,035
down €308,035 (-26.6%), from €1.2m to €850,764
- Provisions +€268,054
new in 2025: €268,054
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€135,335
Turnover
+€498,529
Other operating income
-€16,549
Services and other goods
+€308,035
Staff costs
-€733,425
Depreciation
+€33,740
Write-downs
-€783,908
Provisions
-€268,054
Other operating charges
+€17,023
Other operating items
+€64,384
Financial income
+€28,640
Financial charges
-€1,573
Taxes
-€19,482
Result 2025
-€1.0m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€2.2m
Investment
-€6,817
Financing
+€1.5m
Cash 2024
€2.1m
From operations (derived)
-€2.2m
Net result for the year
-€1.0m
Depreciation
+€17,527
Receivables within one year
+€321,545
Deferred charges and accrued income
+€9,938
Provisions
+€268,054
Trade debts
+€24,227
Tax, wage and social debts
-€305,837
Other debts
-€1.5m
Accrued charges and deferred income
-€13,621
Investment (derived)
-€6,817
Investment in fixed assets (net)
-€6,817
Financing
+€1.5m
Debts after one year
+€1.5m
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,377,271 | €3,384,540 | -€992,732 | -22.7% |
| Fixed assets | 21/28 | €66,579 | €55,869 | -€10,710 | -16.1% |
| Intangible fixed assets | 21 | €15,715 | €1,117 | -€14,598 | -92.9% |
| Tangible fixed assets | 22/27 | €3,924 | €5,262 | +€1,338 | +34.1% |
| Plant, machinery and equipment | 23 | €3,924 | €5,262 | +€1,338 | +34.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €46,940 | €49,490 | +€2,550 | +5.4% |
| Other financial fixed assets | 284/8 | €46,940 | €49,490 | +€2,550 | +5.4% |
| Amounts receivable and cash guarantees | 285/8 | €46,940 | €49,490 | +€2,550 | +5.4% |
| Current assets | 29/58 | €4,310,692 | €3,328,670 | -€982,022 | -22.8% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €2,181,263 | €1,859,719 | -€321,545 | -14.7% |
| Trade receivables | 40 | €2,181,263 | €1,603,622 | -€577,641 | -26.5% |
| Other amounts receivable | 41 | €0 | €256,096 | +€256,096 | |
| Cash at bank and in hand | 54/58 | €2,067,087 | €1,416,548 | -€650,540 | -31.5% |
| Deferred charges and accrued income | 490/1 | €62,342 | €52,404 | -€9,938 | -15.9% |
| Total equity and liabilities | 10/49 | €4,377,271 | €3,384,540 | -€992,732 | -22.7% |
| Equity | 10/15 | €1,084,363 | €76,388 | -€1.0m | -93.0% |
| Contributions | 10/11 | €2,367,000 | €2,367,000 | = | 0.0% |
| Capital | 10 | €2,367,000 | €2,367,000 | = | 0.0% |
| Issued capital | 100 | €2,367,000 | €2,367,000 | = | 0.0% |
| Reserves | 13 | €22,035 | €22,035 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,035 | €22,035 | = | 0.0% |
| Legal reserve | 130 | €22,035 | €22,035 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,304,673 | -€2,312,647 | -€1.0m | -77.3% |
| Provisions and deferred taxes | 16 | - | €268,054 | +€268,054 | |
| Provisions for liabilities and charges | 160/5 | - | €268,054 | +€268,054 | |
| Other liabilities and charges | 164/5 | - | €268,054 | +€268,054 | |
| Amounts payable | 17/49 | €3,292,909 | €3,040,098 | -€252,811 | -7.7% |
| Amounts payable after more than one year | 17 | €0 | €1,513,304 | +€1.5m | |
| Other amounts payable | 178/9 | €0 | €1,513,304 | +€1.5m | |
| Amounts payable within one year | 42/48 | €3,202,179 | €1,449,684 | -€1.8m | -54.7% |
| Trade debts | 44 | €200,391 | €224,618 | +€24,227 | +12.1% |
| Suppliers | 440/4 | €200,391 | €224,618 | +€24,227 | +12.1% |
| Taxes, remuneration and social security | 45 | €1,456,496 | €1,150,659 | -€305,837 | -21.0% |
| Taxes | 450/3 | €467,090 | €420,459 | -€46,631 | -10.0% |
| Remuneration and social security | 454/9 | €989,406 | €730,200 | -€259,205 | -26.2% |
| Other amounts payable | 47/48 | €1,545,292 | €74,407 | -€1.5m | -95.2% |
| Accrued charges and deferred income | 492/3 | €90,730 | €77,109 | -€13,621 | -15.0% |
| Operating income | 70/76A | €16,490,040 | €16,972,020 | +€481,980 | +2.9% |
| Turnover | 70 | €16,431,426 | €16,929,955 | +€498,529 | +3.0% |
| Other operating income | 74 | €58,614 | €42,065 | -€16,549 | -28.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €16,593,812 | €17,956,017 | +€1.4m | +8.2% |
| Services and other goods | 61 | €1,158,798 | €850,764 | -€308,035 | -26.6% |
| Remuneration, social security and pensions | 62 | €15,319,188 | €16,052,613 | +€733,425 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,267 | €17,527 | -€33,740 | -65.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€26,403 | €757,504 | +€783,908 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €268,054 | +€268,054 | |
| Other operating charges | 640/8 | €26,578 | €9,555 | -€17,023 | -64.0% |
| Non-recurring operating charges | 66A | €64,384 | €0 | -€64,384 | -100% |
| Operating profit (loss) | 9901 | -€103,772 | -€983,996 | -€880,225 | -848% |
| Financial income | 75/76B | €28,318 | €56,958 | +€28,640 | +101% |
| Recurring financial income | 75 | €28,318 | €56,958 | +€28,640 | +101% |
| Income from current assets | 751 | €0 | - | = | |
| Other financial income | 752/9 | €28,318 | €56,958 | +€28,640 | +101% |
| Financial charges | 65/66B | €59,882 | €61,454 | +€1,573 | +2.6% |
| Recurring financial charges | 65 | €59,882 | €61,454 | +€1,573 | +2.6% |
| Debt charges | 650 | €57,241 | €58,334 | +€1,093 | +1.9% |
| Other financial charges | 652/9 | €2,641 | €3,120 | +€480 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€135,335 | -€988,492 | -€853,157 | -630% |
| Income taxes | 67/77 | €0 | €19,482 | +€19,482 | |
| Taxes | 670/3 | €0 | €19,482 | +€19,482 | |
| Profit (loss) for the period | 9904 | -€135,335 | -€1,007,975 | -€872,640 | -645% |
| Profit (loss) for the period to be appropriated | 9905 | -€135,335 | -€1,007,975 | -€872,640 | -645% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.