Tenuco: 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.
Tenuco
Largest movements
- Receivables after one year -€19,948
down €19,948 (-17.3%), from €115,610 to €95,662
- Reserves -€24,078
down €24,078 (-32.2%), from €74,719 to €50,641
- Other debts +€5,341
up €5,341 (+12.2%), from €43,758 to €49,100
- Trade debts -€1,443
no longer reported in 2025 (was €1,443)
- Gross operating margin +€2,412
up €2,412 (+92.4%), from -€2,612 to -€199
- Financial income -€229
down €229 (-7.8%), from €2,941 to €2,711
- Financial charges +€144
up €144 (+6.7%), from €2,134 to €2,277
- Other operating charges -€59
down €59 (-13.2%), from €446 to €387
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.
Derived cash bridge
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 | €122,172 | €101,862 | -€20,310 | -16.6% |
| Fixed assets | 21/28 | €6,200 | €6,200 | = | 0.0% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €115,972 | €95,662 | -€20,310 | -17.5% |
| Amounts receivable after more than one year | 29 | €115,610 | €95,662 | -€19,948 | -17.3% |
| Other amounts receivable | 291 | €115,610 | €95,662 | -€19,948 | -17.3% |
| Cash at bank and in hand | 54/58 | €362 | - | -€362 | |
| Total equity and liabilities | 10/49 | €122,172 | €101,862 | -€20,310 | -16.6% |
| Equity | 10/15 | €76,971 | €52,740 | -€24,231 | -31.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,719 | €50,641 | -€24,078 | -32.2% |
| Distributable reserves | 133 | €74,719 | €50,641 | -€24,078 | -32.2% |
| Profit (loss) carried forward | 14 | -€3,949 | -€4,101 | -€152 | -3.9% |
| Amounts payable | 17/49 | €45,201 | €49,122 | +€3,921 | +8.7% |
| Amounts payable within one year | 42/48 | €45,201 | €49,122 | +€3,921 | +8.7% |
| Financial debts | 43 | - | €23 | +€23 | |
| Credit institutions | 430/8 | - | €23 | +€23 | |
| Trade debts | 44 | €1,443 | - | -€1,443 | |
| Suppliers | 440/4 | €1,443 | - | -€1,443 | |
| Other amounts payable | 47/48 | €43,758 | €49,100 | +€5,341 | +12.2% |
| Non-recurring operating income | 76A | - | €708 | +€708 | |
| Other operating charges | 640/8 | €446 | €387 | -€59 | -13.2% |
| Gross operating margin | 9900 | -€2,612 | -€199 | +€2,412 | +92.4% |
| Operating profit (loss) | 9901 | -€3,058 | -€587 | +€2,471 | +80.8% |
| Financial income | 75/76B | €2,941 | €2,711 | -€229 | -7.8% |
| Recurring financial income | 75 | €2,941 | €2,711 | -€229 | -7.8% |
| Financial charges | 65/66B | €2,134 | €2,277 | +€144 | +6.7% |
| Recurring financial charges | 65 | €2,134 | €2,277 | +€144 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,251 | -€152 | +€2,099 | +93.2% |
| Profit (loss) for the period | 9904 | -€2,251 | -€152 | +€2,099 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,251 | -€152 | +€2,099 | +93.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.