TESGUYLAR: 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.
TESGUYLAR
Largest movements
- Cash +€7,643
up €7,643 (+331%), from €2,310 to €9,953
mainly Other debts (+€15,000)
- Other debts +€15,000
up €15,000 (+4.5%), from €332,648 to €347,648
- Profit (loss) carried forward -€7,357
down €7,357 (-74.7%), from -€9,850 to -€17,207
- Gross operating margin +€351
up €351 (+4.9%), from -€7,119 to -€6,767
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 | €435,328 | €442,970 | +€7,643 | +1.8% |
| Formation expenses | 20 | €1,363 | €1,363 | = | 0.0% |
| Fixed assets | 21/28 | €431,654 | €431,654 | = | 0.0% |
| Tangible fixed assets | 22/27 | €431,654 | €431,654 | = | 0.0% |
| Land and buildings | 22 | €431,654 | €431,654 | = | 0.0% |
| Current assets | 29/58 | €2,310 | €9,953 | +€7,643 | +331% |
| Cash at bank and in hand | 54/58 | €2,310 | €9,953 | +€7,643 | +331% |
| Total equity and liabilities | 10/49 | €435,328 | €442,970 | +€7,643 | +1.8% |
| Equity | 10/15 | €102,680 | €95,323 | -€7,357 | -7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €50,530 | €50,530 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €44,330 | €44,330 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,850 | -€17,207 | -€7,357 | -74.7% |
| Amounts payable | 17/49 | €332,648 | €347,648 | +€15,000 | +4.5% |
| Amounts payable within one year | 42/48 | €332,648 | €347,648 | +€15,000 | +4.5% |
| Other amounts payable | 47/48 | €332,648 | €347,648 | +€15,000 | +4.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€7,119 | -€6,767 | +€351 | +4.9% |
| Operating profit (loss) | 9901 | -€7,632 | -€7,295 | +€337 | +4.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €66 | €63 | -€4 | -5.3% |
| Recurring financial charges | 65 | €66 | €63 | -€4 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,698 | -€7,357 | +€341 | +4.4% |
| Profit (loss) for the period | 9904 | -€7,698 | -€7,357 | +€341 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,698 | -€7,357 | +€341 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.