TESKA: 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.
TESKA
Largest movements
- Cash -€78,202
down €78,202 (-68.9%), from €113,515 to €35,313
mainly Current investments (-€61,121) and Trade debts (-€42,731)
- Current investments +€61,121
up €61,121 (+35.1%), from €174,295 to €235,416
- Trade debts -€42,731
down €42,731 (-92.2%), from €46,339 to €3,608
- Reserves +€29,084
up €29,084 (+22.4%), from €129,764 to €158,848
- Other debts -€6,923
down €6,923 (-25.0%), from €27,703 to €20,779
- Tax, wage and social debts +€4,784
up €4,784 (+42.2%), from €11,342 to €16,126
of which Taxes: +€4,769
- Gross operating margin -€4,323
down €4,323 (-9.3%), from €46,285 to €41,963
- Taxes -€1,662
down €1,662 (-10.6%), from €15,749 to €14,087
- Financial income -€1,047
down €1,047 (-24.1%), from €4,348 to €3,301
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 | €309,790 | €294,002 | -€15,787 | -5.1% |
| Fixed assets | 21/28 | €3,408 | €3,408 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,408 | €3,408 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,408 | €3,408 | = | 0.0% |
| Current assets | 29/58 | €306,382 | €290,594 | -€15,787 | -5.2% |
| Amounts receivable within one year | 40/41 | €16,168 | €17,462 | +€1,294 | +8.0% |
| Trade receivables | 40 | €10,120 | €10,323 | +€202 | +2.0% |
| Other amounts receivable | 41 | €6,048 | €7,139 | +€1,092 | +18.1% |
| Current investments | 50/53 | €174,295 | €235,416 | +€61,121 | +35.1% |
| Cash at bank and in hand | 54/58 | €113,515 | €35,313 | -€78,202 | -68.9% |
| Deferred charges and accrued income | 490/1 | €2,404 | €2,404 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €309,790 | €294,002 | -€15,787 | -5.1% |
| Equity | 10/15 | €174,406 | €203,490 | +€29,084 | +16.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €129,764 | €158,848 | +€29,084 | +22.4% |
| Distributable reserves | 133 | €129,764 | €158,848 | +€29,084 | +22.4% |
| Profit (loss) carried forward | 14 | €26,042 | €26,042 | = | 0.0% |
| Amounts payable | 17/49 | €135,384 | €90,513 | -€44,871 | -33.1% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,384 | €40,513 | -€44,871 | -52.6% |
| Trade debts | 44 | €46,339 | €3,608 | -€42,731 | -92.2% |
| Suppliers | 440/4 | €46,339 | €3,608 | -€42,731 | -92.2% |
| Taxes, remuneration and social security | 45 | €11,342 | €16,126 | +€4,784 | +42.2% |
| Taxes | 450/3 | €8,592 | €13,362 | +€4,769 | +55.5% |
| Remuneration and social security | 454/9 | €2,750 | €2,764 | +€14 | +0.5% |
| Other amounts payable | 47/48 | €27,703 | €20,779 | -€6,923 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | - | -€190 | |
| Other operating charges | 640/8 | €591 | €794 | +€203 | +34.4% |
| Gross operating margin | 9900 | €46,285 | €41,963 | -€4,323 | -9.3% |
| Operating profit (loss) | 9901 | €45,504 | €41,168 | -€4,336 | -9.5% |
| Financial income | 75/76B | €4,348 | €3,301 | -€1,047 | -24.1% |
| Recurring financial income | 75 | €4,348 | €3,301 | -€1,047 | -24.1% |
| Financial charges | 65/66B | €1,374 | €1,299 | -€76 | -5.5% |
| Recurring financial charges | 65 | €1,374 | €1,299 | -€76 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €48,478 | €43,171 | -€5,307 | -10.9% |
| Income taxes | 67/77 | €15,749 | €14,087 | -€1,662 | -10.6% |
| Profit (loss) for the period | 9904 | €32,729 | €29,084 | -€3,645 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,729 | €29,084 | -€3,645 | -11.1% |
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 7 October 2026 via checked.be.