TESTA ROSSI SERVICES: 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 ROSSI SERVICES
Largest movements
- Tangible fixed assets -€48,029
down €48,029 (-18.8%), from €255,328 to €207,299
- Stocks and contracts -€37,425
down €37,425 (-13.3%), from €282,337 to €244,912
- Cash +€24,127
up €24,127 (+83.5%), from €28,912 to €53,039
mainly Depreciation (+€63,747) and Stocks and contracts (+€37,425)
- Receivables within one year -€8,517
down €8,517 (-30.3%), from €28,065 to €19,548
of which Trade receivables: -€22,250
- Debts after one year -€58,379
down €58,379 (-54.2%), from €107,779 to €49,400
- Profit (loss) carried forward -€14,095
down €14,095, from €9,828 to -€4,267
- Staff costs +€58,771
up €58,771 (+15.2%), from €385,619 to €444,390
- Gross operating margin +€13,510
up €13,510 (+2.7%), from €491,780 to €505,290
- Taxes -€9,032
down €9,032 (-98.3%), from €9,189 to €158
- Depreciation +€7,869
up €7,869 (+14.1%), from €55,878 to €63,747
- Other operating charges -€5,678
down €5,678 (-81.6%), from €6,959 to €1,282
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 | €599,528 | €525,350 | -€74,178 | -12.4% |
| Fixed assets | 21/28 | €255,328 | €207,299 | -€48,029 | -18.8% |
| Tangible fixed assets | 22/27 | €255,328 | €207,299 | -€48,029 | -18.8% |
| Land and buildings | 22 | €165,942 | €143,833 | -€22,109 | -13.3% |
| Plant, machinery and equipment | 23 | €37,779 | €35,870 | -€1,909 | -5.1% |
| Furniture and vehicles | 24 | €20,467 | €12,000 | -€8,467 | -41.4% |
| Leasing and similar rights | 25 | €31,141 | €15,596 | -€15,545 | -49.9% |
| Current assets | 29/58 | €344,200 | €318,051 | -€26,149 | -7.6% |
| Stocks and contracts in progress | 3 | €282,337 | €244,912 | -€37,425 | -13.3% |
| Stocks | 30/36 | €282,337 | €244,912 | -€37,425 | -13.3% |
| Amounts receivable within one year | 40/41 | €28,065 | €19,548 | -€8,517 | -30.3% |
| Trade receivables | 40 | €22,250 | - | -€22,250 | |
| Other amounts receivable | 41 | €5,815 | €19,548 | +€13,733 | +236% |
| Cash at bank and in hand | 54/58 | €28,912 | €53,039 | +€24,127 | +83.5% |
| Deferred charges and accrued income | 490/1 | €4,886 | €552 | -€4,334 | -88.7% |
| Total equity and liabilities | 10/49 | €599,528 | €525,350 | -€74,178 | -12.4% |
| Equity | 10/15 | €256,429 | €242,334 | -€14,095 | -5.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €228,001 | €228,001 | = | 0.0% |
| Distributable reserves | 133 | €228,001 | €228,001 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,828 | -€4,267 | -€14,095 | |
| Amounts payable | 17/49 | €343,099 | €283,016 | -€60,083 | -17.5% |
| Amounts payable after more than one year | 17 | €107,779 | €49,400 | -€58,379 | -54.2% |
| Financial debts | 170/4 | €107,779 | €49,400 | -€58,379 | -54.2% |
| Amounts payable within one year | 42/48 | €235,018 | €233,616 | -€1,402 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €71,805 | €69,362 | -€2,444 | -3.4% |
| Trade debts | 44 | €34,585 | €36,081 | +€1,496 | +4.3% |
| Suppliers | 440/4 | €34,585 | €36,081 | +€1,496 | +4.3% |
| Taxes, remuneration and social security | 45 | €36,253 | €41,593 | +€5,340 | +14.7% |
| Taxes | 450/3 | €19,356 | €12,490 | -€6,867 | -35.5% |
| Remuneration and social security | 454/9 | €16,897 | €29,104 | +€12,206 | +72.2% |
| Other amounts payable | 47/48 | €92,375 | €86,580 | -€5,794 | -6.3% |
| Accrued charges and deferred income | 492/3 | €302 | - | -€302 | |
| Remuneration, social security and pensions | 62 | €385,619 | €444,390 | +€58,771 | +15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,878 | €63,747 | +€7,869 | +14.1% |
| Other operating charges | 640/8 | €6,959 | €1,282 | -€5,678 | -81.6% |
| Gross operating margin | 9900 | €491,780 | €505,290 | +€13,510 | +2.7% |
| Operating profit (loss) | 9901 | €43,323 | -€4,129 | -€47,452 | |
| Financial income | 75/76B | €0 | €4,325 | +€4,325 | +43,248,000% |
| Recurring financial income | 75 | €0 | €3,175 | +€3,175 | +31,750,700% |
| Non-recurring financial income | 76B | - | €1,150 | +€1,150 | |
| Financial charges | 65/66B | €16,058 | €14,133 | -€1,925 | -12.0% |
| Recurring financial charges | 65 | €16,058 | €14,133 | -€1,925 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €27,265 | -€13,937 | -€41,203 | |
| Income taxes | 67/77 | €9,189 | €158 | -€9,032 | -98.3% |
| Profit (loss) for the period | 9904 | €18,076 | -€14,095 | -€32,171 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,076 | -€14,095 | -€32,171 |
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 17 October 2026 via checked.be.