TEQ - EVENTS: 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.
TEQ - EVENTS
Largest movements
- Cash +€2,744
up €2,744 (+194%), from €1,415 to €4,158
mainly Other debts (+€9,963) and Tax, wage and social debts (+€7,178)
- Receivables within one year +€2,650
up €2,650 (+10.2%), from €25,863 to €28,513
of which Trade receivables: +€2,650
- Profit (loss) carried forward -€11,747
down €11,747 (-24.2%), from -€48,504 to -€60,251
- Other debts +€9,963
up €9,963 (+155%), from €6,433 to €16,396
- Tax, wage and social debts +€7,178
up €7,178 (+77.1%), from €9,305 to €16,483
of which Remuneration and social security: +€8,868
- Gross operating margin -€3,090
down €3,090 (-37.0%), from -€8,356 to -€11,445
- Financial charges -€281
down €281 (-60.7%), from €463 to €182
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 | €28,278 | €33,672 | +€5,394 | +19.1% |
| Fixed assets | 21/28 | €1,000 | €1,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | - | €0 | = | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €27,278 | €32,672 | +€5,394 | +19.8% |
| Amounts receivable within one year | 40/41 | €25,863 | €28,513 | +€2,650 | +10.2% |
| Trade receivables | 40 | €19,510 | €22,160 | +€2,650 | +13.6% |
| Other amounts receivable | 41 | €6,354 | €6,354 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,415 | €4,158 | +€2,744 | +194% |
| Total equity and liabilities | 10/49 | €28,278 | €33,672 | +€5,394 | +19.1% |
| Equity | 10/15 | €12,215 | €468 | -€11,747 | -96.2% |
| Reserves | 13 | €60,719 | €60,719 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €60,719 | €60,719 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €60,719 | €60,719 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€48,504 | -€60,251 | -€11,747 | -24.2% |
| Amounts payable | 17/49 | €16,063 | €33,204 | +€17,141 | +107% |
| Amounts payable within one year | 42/48 | €15,738 | €32,879 | +€17,141 | +109% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €9,305 | €16,483 | +€7,178 | +77.1% |
| Taxes | 450/3 | €3,615 | €1,925 | -€1,690 | -46.8% |
| Remuneration and social security | 454/9 | €5,690 | €14,558 | +€8,868 | +156% |
| Other amounts payable | 47/48 | €6,433 | €16,396 | +€9,963 | +155% |
| Accrued charges and deferred income | 492/3 | €325 | €325 | = | 0.0% |
| Other operating charges | 640/8 | €227 | €120 | -€107 | -47.1% |
| Gross operating margin | 9900 | -€8,356 | -€11,445 | -€3,090 | -37.0% |
| Operating profit (loss) | 9901 | -€8,583 | -€11,565 | -€2,983 | -34.8% |
| Financial charges | 65/66B | €463 | €182 | -€281 | -60.7% |
| Recurring financial charges | 65 | €463 | €182 | -€281 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,045 | -€11,747 | -€2,702 | -29.9% |
| Profit (loss) for the period | 9904 | -€9,045 | -€11,747 | -€2,702 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,045 | -€11,747 | -€2,702 | -29.9% |
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 26 October 2026 via checked.be.