TES.INFIS: 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.
TES.INFIS
Largest movements
- Receivables within one year +€79,866
up €79,866 (+68.4%), from €116,719 to €196,585
of which Other amounts receivable: +€50,452
- Cash +€37,938
up €37,938 (+342.2%), from €11,086 to €49,023
mainly Net result for the year (+€94,748) and Trade debts (+€27,621)
- Deferred charges and accrued income +€24,776
up €24,776 (+21821.3%), from €114 to €24,889
- Tangible fixed assets +€8,405
up €8,405 (+43.3%), from €19,430 to €27,834
of which Plant, machinery and equipment: +€5,911
- Profit (loss) carried forward +€94,748
up €94,748 (+97.8%), from €96,900 to €191,648
- Trade debts +€27,621
up €27,621 (+160.5%), from €17,209 to €44,829
- Tax, wage and social debts +€21,196
up €21,196 (+70.1%), from €30,240 to €51,436
- Accrued charges and deferred income +€7,419
new in 2025: €7,419
- Gross operating margin +€48,732
up €48,732 (+64.6%), from €75,415 to €124,147
- Taxes +€14,518
up €14,518 (+84.7%), from €17,144 to €31,662
- Financial income +€2,034
up €2,034 (+33.7%), from €6,032 to €8,066
- Depreciation +€1,868
up €1,868 (+81.1%), from €2,303 to €4,171
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 | €147,348 | €298,332 | +€150,984 | +102.5% |
| Fixed assets | 21/28 | €19,430 | €27,834 | +€8,405 | +43.3% |
| Tangible fixed assets | 22/27 | €19,430 | €27,834 | +€8,405 | +43.3% |
| Plant, machinery and equipment | 23 | €15,829 | €21,740 | +€5,911 | +37.3% |
| Furniture and vehicles | 24 | €3,601 | €6,094 | +€2,493 | +69.2% |
| Current assets | 29/58 | €127,919 | €270,498 | +€142,579 | +111.5% |
| Amounts receivable within one year | 40/41 | €116,719 | €196,585 | +€79,866 | +68.4% |
| Trade receivables | 40 | €14,286 | €43,700 | +€29,414 | +205.9% |
| Other amounts receivable | 41 | €102,434 | €152,886 | +€50,452 | +49.3% |
| Cash at bank and in hand | 54/58 | €11,086 | €49,023 | +€37,938 | +342.2% |
| Deferred charges and accrued income | 490/1 | €114 | €24,889 | +€24,776 | +21821.3% |
| Total equity and liabilities | 10/49 | €147,348 | €298,332 | +€150,984 | +102.5% |
| Equity | 10/15 | €99,900 | €194,648 | +€94,748 | +94.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,900 | €191,648 | +€94,748 | +97.8% |
| Amounts payable | 17/49 | €47,448 | €103,684 | +€56,236 | +118.5% |
| Amounts payable within one year | 42/48 | €47,448 | €96,265 | +€48,817 | +102.9% |
| Trade debts | 44 | €17,209 | €44,829 | +€27,621 | +160.5% |
| Suppliers | 440/4 | €17,209 | €44,829 | +€27,621 | +160.5% |
| Taxes, remuneration and social security | 45 | €30,240 | €51,436 | +€21,196 | +70.1% |
| Taxes | 450/3 | €30,240 | €51,436 | +€21,196 | +70.1% |
| Accrued charges and deferred income | 492/3 | - | €7,419 | +€7,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,303 | €4,171 | +€1,868 | +81.1% |
| Other operating charges | 640/8 | €1,289 | €1,472 | +€182 | +14.2% |
| Gross operating margin | 9900 | €75,415 | €124,147 | +€48,732 | +64.6% |
| Operating profit (loss) | 9901 | €71,822 | €118,504 | +€46,682 | +65.0% |
| Financial income | 75/76B | €6,032 | €8,066 | +€2,034 | +33.7% |
| Recurring financial income | 75 | €6,032 | €8,066 | +€2,034 | +33.7% |
| Financial charges | 65/66B | €218 | €161 | -€57 | -26.0% |
| Recurring financial charges | 65 | €218 | €161 | -€57 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €77,637 | €126,410 | +€48,773 | +62.8% |
| Income taxes | 67/77 | €17,144 | €31,662 | +€14,518 | +84.7% |
| Profit (loss) for the period | 9904 | €60,493 | €94,748 | +€34,255 | +56.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,493 | €94,748 | +€34,255 | +56.6% |
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 8 October 2026 via checked.be.