TESHIMA: 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.
TESHIMA
Largest movements
- Receivables within one year -€68,787
down €68,787 (-78.9%), from €87,190 to €18,403
- Stocks and contracts +€44,887
up €44,887 (+129.2%), from €34,743 to €79,630
- Tangible fixed assets -€2,879
down €2,879 (-17.8%), from €16,188 to €13,309
- Trade debts -€62,355
down €62,355 (-82.5%), from €75,611 to €13,256
- Debts after one year +€38,344
up €38,344 (+2315.3%), from €1,656 to €40,000
of which Other amounts payable: +€40,000
- Other debts -€26,211
down €26,211 (-52.5%), from €49,930 to €23,719
- Profit (loss) carried forward +€23,648
up €23,648, from -€12,642 to €11,006
- Current portion of long-term debt -€7,788
down €7,788 (-82.5%), from €9,444 to €1,656
- Gross operating margin +€66,100
up €66,100, from -€33,613 to €32,488
- Depreciation -€8,850
down €8,850 (-58.2%), from €15,199 to €6,349
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,346 | €111,567 | -€26,779 | -19.4% |
| Fixed assets | 21/28 | €16,413 | €13,534 | -€2,879 | -17.5% |
| Tangible fixed assets | 22/27 | €16,188 | €13,309 | -€2,879 | -17.8% |
| Furniture and vehicles | 24 | €16,188 | €13,309 | -€2,879 | -17.8% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €121,933 | €98,033 | -€23,900 | -19.6% |
| Stocks and contracts in progress | 3 | €34,743 | €79,630 | +€44,887 | +129.2% |
| Stocks | 30/36 | €34,743 | €79,630 | +€44,887 | +129.2% |
| Amounts receivable within one year | 40/41 | €87,190 | €18,403 | -€68,787 | -78.9% |
| Trade receivables | 40 | €87,190 | €18,403 | -€68,787 | -78.9% |
| Total equity and liabilities | 10/49 | €138,346 | €111,567 | -€26,779 | -19.4% |
| Equity | 10/15 | -€4,582 | €19,066 | +€23,648 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,642 | €11,006 | +€23,648 | |
| Amounts payable | 17/49 | €142,928 | €92,501 | -€50,427 | -35.3% |
| Amounts payable after more than one year | 17 | €1,656 | €40,000 | +€38,344 | +2315.3% |
| Financial debts | 170/4 | €1,656 | - | -€1,656 | |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €141,272 | €52,501 | -€88,770 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €9,444 | €1,656 | -€7,788 | -82.5% |
| Financial debts | 43 | €5,656 | €12,028 | +€6,372 | +112.7% |
| Credit institutions | 430/8 | €5,656 | €12,028 | +€6,372 | +112.7% |
| Trade debts | 44 | €75,611 | €13,256 | -€62,355 | -82.5% |
| Suppliers | 440/4 | €75,611 | €13,256 | -€62,355 | -82.5% |
| Taxes, remuneration and social security | 45 | €631 | €1,842 | +€1,211 | +191.9% |
| Taxes | 450/3 | €631 | €1,842 | +€1,211 | +191.9% |
| Other amounts payable | 47/48 | €49,930 | €23,719 | -€26,211 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,199 | €6,349 | -€8,850 | -58.2% |
| Other operating charges | 640/8 | €223 | €485 | +€262 | +117.5% |
| Gross operating margin | 9900 | -€33,613 | €32,488 | +€66,100 | |
| Operating profit (loss) | 9901 | -€49,034 | €25,654 | +€74,688 | |
| Financial charges | 65/66B | €1,937 | €1,812 | -€124 | -6.4% |
| Recurring financial charges | 65 | €1,937 | €1,812 | -€124 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€50,971 | €23,841 | +€74,812 | |
| Income taxes | 67/77 | €120 | €193 | +€74 | +61.5% |
| Profit (loss) for the period | 9904 | -€51,091 | €23,648 | +€74,739 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,091 | €23,648 | +€74,739 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.