TEST & CO: 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.
TEST & CO
Largest movements
- Tangible fixed assets -€2,032
down €2,032 (-4.1%), from €49,082 to €47,050
of which Land and buildings: -€1,345
- Profit (loss) carried forward -€3,698
down €3,698, from €1,968 to -€1,730
- Other debts +€2,031
up €2,031 (+4.7%), from €43,234 to €45,265
- Tax, wage and social debts -€1,689
no longer reported in 2025 (was €1,689)
- Trade debts +€1,071
up €1,071 (+1,085%), from €99 to €1,170
- Purchases and services -€48,687
no longer reported in 2025 (was €48,687)
- Turnover -€46,512
no longer reported in 2025 (was €46,512)
- Gross operating margin -€2,451
down €2,451, from €924 to -€1,526
- Depreciation +€1,244
up €1,244 (+158%), from €787 to €2,032
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 | €49,990 | €47,705 | -€2,285 | -4.6% |
| Fixed assets | 21/28 | €49,082 | €47,050 | -€2,032 | -4.1% |
| Tangible fixed assets | 22/27 | €49,082 | €47,050 | -€2,032 | -4.1% |
| Land and buildings | 22 | €44,043 | €42,698 | -€1,345 | -3.1% |
| Furniture and vehicles | 24 | €186 | - | -€186 | |
| Other tangible fixed assets | 26 | €4,852 | €4,352 | -€500 | -10.3% |
| Current assets | 29/58 | €908 | €655 | -€253 | -27.9% |
| Amounts receivable within one year | 40/41 | €435 | €278 | -€158 | -36.2% |
| Other amounts receivable | 41 | €435 | €278 | -€158 | -36.2% |
| Cash at bank and in hand | 54/58 | €473 | €377 | -€96 | -20.3% |
| Total equity and liabilities | 10/49 | €49,990 | €47,705 | -€2,285 | -4.6% |
| Equity | 10/15 | €4,968 | €1,270 | -€3,698 | -74.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,968 | -€1,730 | -€3,698 | |
| Amounts payable | 17/49 | €45,022 | €46,435 | +€1,413 | +3.1% |
| Amounts payable within one year | 42/48 | €45,022 | €46,435 | +€1,413 | +3.1% |
| Trade debts | 44 | €99 | €1,170 | +€1,071 | +1,085% |
| Suppliers | 440/4 | €99 | €1,170 | +€1,071 | +1,085% |
| Taxes, remuneration and social security | 45 | €1,689 | - | -€1,689 | |
| Taxes | 450/3 | €1,689 | - | -€1,689 | |
| Other amounts payable | 47/48 | €43,234 | €45,265 | +€2,031 | +4.7% |
| Turnover | 70 | €46,512 | - | -€46,512 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,687 | - | -€48,687 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €2,032 | +€1,244 | +158% |
| Other operating charges | 640/8 | €58 | - | -€58 | |
| Gross operating margin | 9900 | €924 | -€1,526 | -€2,451 | |
| Operating profit (loss) | 9901 | €79 | -€3,558 | -€3,637 | |
| Financial income | 75/76B | €40 | - | -€40 | |
| Recurring financial income | 75 | €40 | - | -€40 | |
| Financial charges | 65/66B | €47 | €109 | +€62 | +134% |
| Recurring financial charges | 65 | €47 | €109 | +€62 | +134% |
| Profit (loss) for the period before taxes | 9903 | €72 | -€3,667 | -€3,740 | |
| Income taxes | 67/77 | €112 | €31 | -€82 | -72.8% |
| Profit (loss) for the period | 9904 | -€40 | -€3,698 | -€3,658 | -9,131% |
| Profit (loss) for the period to be appropriated | 9905 | -€40 | -€3,698 | -€3,658 | -9,131% |
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 13 October 2026 via checked.be.