TESSINO: 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.
TESSINO
Largest movements
- Cash -€13,659
down €13,659 (-85.0%), from €16,074 to €2,415
mainly Debts after one year (-€13,453) and Net result for the year (-€10,517)
- Tangible fixed assets -€11,826
down €11,826 (-4.1%), from €286,544 to €274,718
- Debts after one year -€13,453
down €13,453 (-62.8%), from €21,420 to €7,967
- Profit (loss) carried forward -€10,517
down €10,517 (-130%), from -€8,084 to -€18,601
- Other debts +€5,000
up €5,000 (+4.4%), from €113,189 to €118,189
- Gross operating margin +€2,319
up €2,319 (+78.0%), from €2,971 to €5,291
- Other operating charges +€874
up €874 (+38.2%), from €2,287 to €3,161
- Financial charges -€238
down €238 (-22.5%), from €1,059 to €820
- Depreciation +€175
up €175 (+1.5%), from €11,651 to €11,826
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 | €308,667 | €284,364 | -€24,303 | -7.9% |
| Fixed assets | 21/28 | €286,544 | €274,718 | -€11,826 | -4.1% |
| Tangible fixed assets | 22/27 | €286,544 | €274,718 | -€11,826 | -4.1% |
| Land and buildings | 22 | €286,544 | €274,718 | -€11,826 | -4.1% |
| Current assets | 29/58 | €22,122 | €9,646 | -€12,477 | -56.4% |
| Amounts receivable within one year | 40/41 | €5,927 | €7,151 | +€1,224 | +20.7% |
| Trade receivables | 40 | €1,191 | €2,199 | +€1,008 | +84.7% |
| Other amounts receivable | 41 | €4,736 | €4,952 | +€216 | +4.6% |
| Cash at bank and in hand | 54/58 | €16,074 | €2,415 | -€13,659 | -85.0% |
| Deferred charges and accrued income | 490/1 | €121 | €79 | -€42 | -34.5% |
| Total equity and liabilities | 10/49 | €308,667 | €284,364 | -€24,303 | -7.9% |
| Equity | 10/15 | €153,496 | €142,979 | -€10,517 | -6.9% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €449 | €449 | = | 0.0% |
| Non-distributable reserves | 130/1 | €449 | €449 | = | 0.0% |
| Legal reserve | 130 | €449 | €449 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,084 | -€18,601 | -€10,517 | -130% |
| Amounts payable | 17/49 | €155,171 | €141,385 | -€13,786 | -8.9% |
| Amounts payable after more than one year | 17 | €21,420 | €7,967 | -€13,453 | -62.8% |
| Financial debts | 170/4 | €21,420 | €7,967 | -€13,453 | -62.8% |
| Amounts payable within one year | 42/48 | €133,606 | €133,418 | -€188 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €13,198 | €13,453 | +€255 | +1.9% |
| Trade debts | 44 | €4,385 | €1,775 | -€2,610 | -59.5% |
| Suppliers | 440/4 | €4,385 | €1,775 | -€2,610 | -59.5% |
| Advances received on contracts in progress | 46 | €2,834 | - | -€2,834 | |
| Other amounts payable | 47/48 | €113,189 | €118,189 | +€5,000 | +4.4% |
| Accrued charges and deferred income | 492/3 | €145 | - | -€145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,651 | €11,826 | +€175 | +1.5% |
| Other operating charges | 640/8 | €2,287 | €3,161 | +€874 | +38.2% |
| Gross operating margin | 9900 | €2,971 | €5,291 | +€2,319 | +78.0% |
| Operating profit (loss) | 9901 | -€10,967 | -€9,696 | +€1,271 | +11.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,059 | €820 | -€238 | -22.5% |
| Recurring financial charges | 65 | €1,059 | €820 | -€238 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,018 | -€10,517 | +€1,502 | +12.5% |
| Profit (loss) for the period | 9904 | -€12,018 | -€10,517 | +€1,502 | +12.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,018 | -€10,517 | +€1,502 | +12.5% |
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 18 October 2026 via checked.be.