Tetradium: 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.
Tetradium
Largest movements
- Cash +€35,946
up €35,946 (+105.0%), from €34,246 to €70,192
mainly Net result for the year (+€51,913) and Tax, wage and social debts (+€22,943)
- Tangible fixed assets +€28,423
up €28,423 (+190.4%), from €14,927 to €43,350
of which Land and buildings: +€34,420
- Receivables within one year +€3,980
up €3,980 (+11.6%), from €34,423 to €38,403
- Reserves +€51,080
up €51,080 (+163.2%), from €31,297 to €82,377
- Tax, wage and social debts +€22,943
up €22,943 (+99.0%), from €23,179 to €46,122
- Trade debts -€15,739
down €15,739 (-97.7%), from €16,115 to €375
- Other debts +€10,340
up €10,340 (+96.8%), from €10,679 to €21,019
- Gross operating margin +€38,963
up €38,963 (+87.0%), from €44,803 to €83,766
- Depreciation +€9,418
up €9,418 (+2815.6%), from €334 to €9,752
- Taxes +€9,103
up €9,103 (+74.3%), from €12,255 to €21,358
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 | €84,769 | €153,393 | +€68,624 | +81.0% |
| Fixed assets | 21/28 | €14,927 | €43,350 | +€28,423 | +190.4% |
| Tangible fixed assets | 22/27 | €14,927 | €43,350 | +€28,423 | +190.4% |
| Land and buildings | 22 | - | €34,420 | +€34,420 | |
| Furniture and vehicles | 24 | €14,927 | €8,930 | -€5,996 | -40.2% |
| Current assets | 29/58 | €69,843 | €110,043 | +€40,200 | +57.6% |
| Amounts receivable within one year | 40/41 | €34,423 | €38,403 | +€3,980 | +11.6% |
| Trade receivables | 40 | €34,423 | €38,403 | +€3,980 | +11.6% |
| Cash at bank and in hand | 54/58 | €34,246 | €70,192 | +€35,946 | +105.0% |
| Deferred charges and accrued income | 490/1 | €1,173 | €1,448 | +€274 | +23.4% |
| Total equity and liabilities | 10/49 | €84,769 | €153,393 | +€68,624 | +81.0% |
| Equity | 10/15 | €34,797 | €85,877 | +€51,080 | +146.8% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €31,297 | €82,377 | +€51,080 | +163.2% |
| Distributable reserves | 133 | €31,297 | €82,377 | +€51,080 | +163.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,973 | €67,516 | +€17,543 | +35.1% |
| Amounts payable within one year | 42/48 | €49,973 | €67,516 | +€17,543 | +35.1% |
| Trade debts | 44 | €16,115 | €375 | -€15,739 | -97.7% |
| Suppliers | 440/4 | €16,115 | €375 | -€15,739 | -97.7% |
| Taxes, remuneration and social security | 45 | €23,179 | €46,122 | +€22,943 | +99.0% |
| Taxes | 450/3 | €23,179 | €46,122 | +€22,943 | +99.0% |
| Other amounts payable | 47/48 | €10,679 | €21,019 | +€10,340 | +96.8% |
| Remuneration, social security and pensions | 62 | - | €271 | +€271 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €334 | €9,752 | +€9,418 | +2815.6% |
| Other operating charges | 640/8 | €72 | €400 | +€327 | +451.9% |
| Gross operating margin | 9900 | €44,803 | €83,766 | +€38,963 | +87.0% |
| Operating profit (loss) | 9901 | €44,396 | €73,343 | +€28,946 | +65.2% |
| Financial charges | 65/66B | €12 | €72 | +€60 | +510.8% |
| Recurring financial charges | 65 | €12 | €72 | +€60 | +510.8% |
| Profit (loss) for the period before taxes | 9903 | €44,384 | €73,271 | +€28,886 | +65.1% |
| Income taxes | 67/77 | €12,255 | €21,358 | +€9,103 | +74.3% |
| Profit (loss) for the period | 9904 | €32,130 | €51,913 | +€19,784 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,130 | €51,913 | +€19,784 | +61.6% |
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.