TESTARODA: 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.
TESTARODA
Largest movements
- Tangible fixed assets -€51,812
down €51,812 (-4.4%), from €1.2m to €1.1m
of which Land and buildings: -€38,217
- Profit (loss) carried forward -€29,442
down €29,442 (-8.6%), from -€340,501 to -€369,943
- Debts after one year -€23,892
down €23,892 (-5.3%), from €449,315 to €425,423
- Other debts -€16,796
down €16,796 (-2.0%), from €832,292 to €815,496
- Financial charges -€57,008
down €57,008 (-74.7%), from €76,347 to €19,339
- Other operating charges -€50,483
down €50,483 (-82.3%), from €61,352 to €10,869
- Depreciation +€18,347
up €18,347 (+43.4%), from €42,247 to €60,594
- Gross operating margin +€14,024
up €14,024 (+158.2%), from €8,863 to €22,887
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 | €1,183,192 | €1,127,566 | -€55,626 | -4.7% |
| Fixed assets | 21/28 | €1,179,637 | €1,125,325 | -€54,312 | -4.6% |
| Tangible fixed assets | 22/27 | €1,177,137 | €1,125,325 | -€51,812 | -4.4% |
| Land and buildings | 22 | €1,117,761 | €1,079,544 | -€38,217 | -3.4% |
| Furniture and vehicles | 24 | €59,376 | €45,781 | -€13,595 | -22.9% |
| Financial fixed assets | 28 | €2,500 | - | -€2,500 | |
| Current assets | 29/58 | €3,555 | €2,241 | -€1,314 | -37.0% |
| Cash at bank and in hand | 54/58 | €3,555 | €2,241 | -€1,314 | -37.0% |
| Total equity and liabilities | 10/49 | €1,183,192 | €1,127,566 | -€55,626 | -4.7% |
| Equity | 10/15 | -€140,501 | -€169,943 | -€29,442 | -21.0% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,501 | -€369,943 | -€29,442 | -8.6% |
| Amounts payable | 17/49 | €1,323,693 | €1,297,509 | -€26,184 | -2.0% |
| Amounts payable after more than one year | 17 | €449,315 | €425,423 | -€23,892 | -5.3% |
| Financial debts | 170/4 | €449,315 | €425,423 | -€23,892 | -5.3% |
| Amounts payable within one year | 42/48 | €874,378 | €867,941 | -€6,437 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €23,892 | €23,892 | = | 0.0% |
| Trade debts | 44 | €18,194 | €28,553 | +€10,359 | +56.9% |
| Suppliers | 440/4 | €18,194 | €28,553 | +€10,359 | +56.9% |
| Other amounts payable | 47/48 | €832,292 | €815,496 | -€16,796 | -2.0% |
| Accrued charges and deferred income | 492/3 | - | €4,145 | +€4,145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,247 | €60,594 | +€18,347 | +43.4% |
| Other operating charges | 640/8 | €61,352 | €10,869 | -€50,483 | -82.3% |
| Gross operating margin | 9900 | €8,863 | €22,887 | +€14,024 | +158.2% |
| Operating profit (loss) | 9901 | -€94,736 | -€48,576 | +€46,160 | +48.7% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €76,347 | €19,339 | -€57,008 | -74.7% |
| Recurring financial charges | 65 | €76,347 | €19,339 | -€57,008 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | -€171,076 | -€67,915 | +€103,161 | +60.3% |
| Profit (loss) for the period | 9904 | -€171,076 | -€67,915 | +€103,161 | +60.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,076 | -€67,915 | +€103,161 | +60.3% |
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.