TESTIFLEX: 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.
TESTIFLEX
Largest movements
- Receivables after one year -€10,523
down €10,523 (-5.8%), from €182,316 to €171,793
- Cash +€8,908
up €8,908 (+975.1%), from €914 to €9,821
mainly Receivables after one year (+€10,523) and Debts after one year (+€10,000)
- Deferred charges and accrued income +€6,466
up €6,466 (+164.9%), from €3,921 to €10,386
- Stocks and contracts -€3,097
no longer reported in 2025 (was €3,097)
- Reserves -€16,691
down €16,691 (-14.9%), from €112,069 to €95,378
- Debts after one year +€10,000
up €10,000 (+9.3%), from €107,000 to €117,000
- Trade debts +€7,847
up €7,847 (+452.5%), from €1,734 to €9,581
- Gross operating margin -€26,242
down €26,242 (-84.9%), from €30,918 to €4,676
- Other operating charges -€20,349
down €20,349 (-91.4%), from €22,259 to €1,911
- Financial income +€6,059
up €6,059 (+138.0%), from €4,391 to €10,450
- Financial charges +€1,427
up €1,427 (+26.0%), from €5,492 to €6,919
- Taxes -€1,296
down €1,296 (-71.9%), from €1,802 to €506
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 | €246,358 | €249,288 | +€2,931 | +1.2% |
| Fixed assets | 21/28 | €21,918 | €21,110 | -€808 | -3.7% |
| Tangible fixed assets | 22/27 | €21,918 | €21,110 | -€808 | -3.7% |
| Plant, machinery and equipment | 23 | €1,202 | €2,414 | +€1,212 | +100.9% |
| Furniture and vehicles | 24 | €6,494 | €6,252 | -€242 | -3.7% |
| Other tangible fixed assets | 26 | €14,222 | €12,444 | -€1,778 | -12.5% |
| Current assets | 29/58 | €224,440 | €228,179 | +€3,739 | +1.7% |
| Amounts receivable after more than one year | 29 | €182,316 | €171,793 | -€10,523 | -5.8% |
| Other amounts receivable | 291 | €182,316 | €171,793 | -€10,523 | -5.8% |
| Stocks and contracts in progress | 3 | €3,097 | - | -€3,097 | |
| Stocks | 30/36 | €3,097 | - | -€3,097 | |
| Amounts receivable within one year | 40/41 | €34,193 | €36,178 | +€1,985 | +5.8% |
| Trade receivables | 40 | €30,979 | €32,186 | +€1,207 | +3.9% |
| Other amounts receivable | 41 | €3,214 | €3,992 | +€778 | +24.2% |
| Cash at bank and in hand | 54/58 | €914 | €9,821 | +€8,908 | +975.1% |
| Deferred charges and accrued income | 490/1 | €3,921 | €10,386 | +€6,466 | +164.9% |
| Total equity and liabilities | 10/49 | €246,358 | €249,288 | +€2,931 | +1.2% |
| Equity | 10/15 | €130,669 | €113,978 | -€16,691 | -12.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,069 | €95,378 | -€16,691 | -14.9% |
| Distributable reserves | 133 | €112,069 | €95,378 | -€16,691 | -14.9% |
| Amounts payable | 17/49 | €115,689 | €135,310 | +€19,622 | +17.0% |
| Amounts payable after more than one year | 17 | €107,000 | €117,000 | +€10,000 | +9.3% |
| Financial debts | 170/4 | €107,000 | €117,000 | +€10,000 | +9.3% |
| Amounts payable within one year | 42/48 | €8,689 | €18,310 | +€9,622 | +110.7% |
| Trade debts | 44 | €1,734 | €9,581 | +€7,847 | +452.5% |
| Suppliers | 440/4 | €1,734 | €9,581 | +€7,847 | +452.5% |
| Taxes, remuneration and social security | 45 | €6,955 | €8,730 | +€1,775 | +25.5% |
| Taxes | 450/3 | €6,955 | €8,730 | +€1,775 | +25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,093 | €5,480 | +€387 | +7.6% |
| Other operating charges | 640/8 | €22,259 | €1,911 | -€20,349 | -91.4% |
| Gross operating margin | 9900 | €30,918 | €4,676 | -€26,242 | -84.9% |
| Operating profit (loss) | 9901 | €3,566 | -€2,715 | -€6,280 | |
| Financial income | 75/76B | €4,391 | €10,450 | +€6,059 | +138.0% |
| Recurring financial income | 75 | €4,391 | €10,450 | +€6,059 | +138.0% |
| Financial charges | 65/66B | €5,492 | €6,919 | +€1,427 | +26.0% |
| Recurring financial charges | 65 | €5,492 | €6,919 | +€1,427 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €2,464 | €816 | -€1,648 | -66.9% |
| Income taxes | 67/77 | €1,802 | €506 | -€1,296 | -71.9% |
| Profit (loss) for the period | 9904 | €662 | €309 | -€353 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €662 | €309 | -€353 | -53.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.