TESET: 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.
TESET
Largest movements
- Cash -€36,154
down €36,154 (-57.7%), from €62,626 to €26,471
mainly Net result for the year (-€28,433) and Trade debts (-€8,605)
- Receivables within one year +€2,503
up €2,503 (+38.3%), from €6,543 to €9,047
- Profit (loss) carried forward -€28,433
down €28,433 (-2.1%), from -€1.3m to -€1.4m
- Trade debts -€8,605
down €8,605 (-31.3%), from €27,488 to €18,883
- Accrued charges and deferred income +€3,387
up €3,387 (+11248.1%), from €30 to €3,417
- Gross operating margin -€3,497
down €3,497 (-15.0%), from -€23,290 to -€26,787
- Other operating charges +€306
up €306 (+28.8%), from €1,061 to €1,367
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,530 | €36,880 | -€33,651 | -47.7% |
| Fixed assets | 21/28 | €1,362 | €1,362 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,362 | €1,362 | = | 0.0% |
| Land and buildings | 22 | €1,362 | €1,362 | = | 0.0% |
| Current assets | 29/58 | €69,169 | €35,518 | -€33,651 | -48.7% |
| Amounts receivable within one year | 40/41 | €6,543 | €9,047 | +€2,503 | +38.3% |
| Other amounts receivable | 41 | €6,543 | €9,047 | +€2,503 | +38.3% |
| Cash at bank and in hand | 54/58 | €62,626 | €26,471 | -€36,154 | -57.7% |
| Total equity and liabilities | 10/49 | €70,530 | €36,880 | -€33,651 | -47.7% |
| Equity | 10/15 | -€256,987 | -€285,420 | -€28,433 | -11.1% |
| Contributions | 10/11 | €1,041,153 | €1,041,153 | = | 0.0% |
| Capital | 10 | €1,041,153 | €1,041,153 | = | 0.0% |
| Issued capital | 100 | €1,041,153 | €1,041,153 | = | 0.0% |
| Reserves | 13 | €35,100 | €35,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,100 | €35,100 | = | 0.0% |
| Legal reserve | 130 | €35,100 | €35,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,333,240 | -€1,361,673 | -€28,433 | -2.1% |
| Amounts payable | 17/49 | €327,518 | €322,300 | -€5,218 | -1.6% |
| Amounts payable after more than one year | 17 | €300,000 | €300,000 | = | 0.0% |
| Financial debts | 170/4 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,488 | €18,883 | -€8,605 | -31.3% |
| Trade debts | 44 | €27,488 | €18,883 | -€8,605 | -31.3% |
| Suppliers | 440/4 | €27,488 | €18,883 | -€8,605 | -31.3% |
| Accrued charges and deferred income | 492/3 | €30 | €3,417 | +€3,387 | +11248.1% |
| Other operating charges | 640/8 | €1,061 | €1,367 | +€306 | +28.8% |
| Gross operating margin | 9900 | -€23,290 | -€26,787 | -€3,497 | -15.0% |
| Operating profit (loss) | 9901 | -€24,352 | -€28,154 | -€3,802 | -15.6% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €381 | €309 | -€72 | -18.8% |
| Recurring financial charges | 65 | €381 | €309 | -€72 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€24,732 | -€28,433 | -€3,701 | -15.0% |
| Profit (loss) for the period | 9904 | -€24,732 | -€28,433 | -€3,701 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,732 | -€28,433 | -€3,701 | -15.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.