TESTEREP: 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.
What changed
TESTEREP
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-
not filed
Equity
€60,344
2024 · €60,344
Cash
€312
2024 · €136+€176
Balance sheet total
€3.3m
2024 · €3.1m+€177,182
Largest movements
Assets
- Stocks and contracts +€174,883
up €174,883 (+5.6%), from €3.1m to €3.3m
Equity and liabilities
- Other debts +€203,021
up €203,021 (+7.8%), from €2.6m to €2.8m
Income statement
- Gross operating margin +€6,302
up €6,302 (+7.1%), from €89,287 to €95,589
- Financial charges +€6,269
up €6,269 (+7.1%), from €88,172 to €94,441
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,147,777 | €3,324,958 | +€177,182 | +5.6% |
| Current assets | 29/58 | €3,147,777 | €3,324,958 | +€177,182 | +5.6% |
| Stocks and contracts in progress | 3 | €3,146,349 | €3,321,232 | +€174,883 | +5.6% |
| Contracts in progress | 37 | €3,146,349 | €3,321,232 | +€174,883 | +5.6% |
| Amounts receivable within one year | 40/41 | €1,291 | €3,414 | +€2,123 | +164.4% |
| Other amounts receivable | 41 | €1,291 | €3,414 | +€2,123 | +164.4% |
| Cash at bank and in hand | 54/58 | €136 | €312 | +€176 | +129.2% |
| Total equity and liabilities | 10/49 | €3,147,777 | €3,324,958 | +€177,182 | +5.6% |
| Equity | 10/15 | €60,344 | €60,344 | = | 0.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,156 | -€1,156 | = | 0.0% |
| Amounts payable | 17/49 | €3,087,432 | €3,264,614 | +€177,182 | +5.7% |
| Amounts payable within one year | 42/48 | €3,087,432 | €3,264,614 | +€177,182 | +5.7% |
| Trade debts | 44 | €480,406 | €454,567 | -€25,839 | -5.4% |
| Suppliers | 440/4 | €480,406 | €454,567 | -€25,839 | -5.4% |
| Other amounts payable | 47/48 | €2,607,027 | €2,810,048 | +€203,021 | +7.8% |
| Other operating charges | 640/8 | €1,116 | €1,148 | +€33 | +3.0% |
| Gross operating margin | 9900 | €89,287 | €95,589 | +€6,302 | +7.1% |
| Operating profit (loss) | 9901 | €88,172 | €94,441 | +€6,269 | +7.1% |
| Financial charges | 65/66B | €88,172 | €94,441 | +€6,269 | +7.1% |
| Recurring financial charges | 65 | €88,172 | €94,441 | +€6,269 | +7.1% |
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 3 October 2026 via checked.be.