Testa Fresca: 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.
Testa Fresca
Largest movements
- Cash +€266,084
up €266,084 (+375%), from €70,924 to €337,008
mainly Current investments (+€201,818) and Net result for the year (+€65,888)
- Current investments -€201,818
down €201,818 (-100%), from €201,818 to €0
- Deferred charges and accrued income -€5,000
down €5,000 (-100%), from €5,000 to €0
- Reserves +€65,888
up €65,888 (+25.8%), from €255,334 to €321,222
- Gross operating margin -€257,713
down €257,713 (-77.1%), from €334,270 to €76,557
- Taxes -€61,973
down €61,973 (-79.0%), from €78,445 to €16,471
- Financial income +€6,574
new in 2025: €6,574
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 | €277,742 | €339,222 | +€61,480 | +22.1% |
| Fixed assets | 21/28 | - | €1,854 | +€1,854 | |
| Tangible fixed assets | 22/27 | - | €1,854 | +€1,854 | |
| Furniture and vehicles | 24 | - | €1,854 | +€1,854 | |
| Current assets | 29/58 | €277,742 | €337,368 | +€59,626 | +21.5% |
| Amounts receivable within one year | 40/41 | - | €359 | +€359 | |
| Other amounts receivable | 41 | - | €359 | +€359 | |
| Current investments | 50/53 | €201,818 | €0 | -€201,818 | -100% |
| Cash at bank and in hand | 54/58 | €70,924 | €337,008 | +€266,084 | +375% |
| Deferred charges and accrued income | 490/1 | €5,000 | €0 | -€5,000 | -100% |
| Total equity and liabilities | 10/49 | €277,742 | €339,222 | +€61,480 | +22.1% |
| Equity | 10/15 | €256,334 | €322,222 | +€65,888 | +25.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €255,334 | €321,222 | +€65,888 | +25.8% |
| Distributable reserves | 133 | €255,334 | €321,222 | +€65,888 | +25.8% |
| Amounts payable | 17/49 | €21,408 | €17,000 | -€4,408 | -20.6% |
| Amounts payable within one year | 42/48 | €19,590 | €17,000 | -€2,590 | -13.2% |
| Trade debts | 44 | €2,632 | €128 | -€2,505 | -95.1% |
| Suppliers | 440/4 | €2,632 | €128 | -€2,505 | -95.1% |
| Taxes, remuneration and social security | 45 | €15,218 | €16,872 | +€1,655 | +10.9% |
| Taxes | 450/3 | €13,968 | €15,622 | +€1,655 | +11.8% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €1,740 | €0 | -€1,740 | -100% |
| Accrued charges and deferred income | 492/3 | €1,818 | €0 | -€1,818 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1 | +€1 | |
| Other operating charges | 640/8 | €437 | €520 | +€82 | +18.8% |
| Gross operating margin | 9900 | €334,270 | €76,557 | -€257,713 | -77.1% |
| Operating profit (loss) | 9901 | €333,833 | €76,036 | -€257,797 | -77.2% |
| Financial income | 75/76B | - | €6,574 | +€6,574 | |
| Recurring financial income | 75 | - | €6,574 | +€6,574 | |
| Financial charges | 65/66B | €54 | €251 | +€198 | +368% |
| Recurring financial charges | 65 | €54 | €251 | +€198 | +368% |
| Profit (loss) for the period before taxes | 9903 | €333,779 | €82,359 | -€251,420 | -75.3% |
| Income taxes | 67/77 | €78,445 | €16,471 | -€61,973 | -79.0% |
| Profit (loss) for the period | 9904 | €255,334 | €65,888 | -€189,446 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €255,334 | €65,888 | -€189,446 | -74.2% |
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 21 October 2026 via checked.be.