TETRAHEDRON: 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.
TETRAHEDRON
Largest movements
- Current investments +€29,999
up €29,999 (+120%), from €25,026 to €55,025
- Cash +€12,427
up €12,427 (+33.8%), from €36,804 to €49,231
mainly Net result for the year (+€138,889) and Depreciation (+€46,441)
- Tangible fixed assets -€11,546
down €11,546 (-2.7%), from €429,478 to €417,932
of which Furniture and vehicles: -€9,686
- Reserves +€85,032
up €85,032 (+31.2%), from €272,512 to €357,544
- Debts after one year -€34,611
down €34,611 (-17.6%), from €197,084 to €162,473
- Tax, wage and social debts -€33,343
down €33,343 (-55.7%), from €59,824 to €26,481
- Trade debts +€29,090
new in 2025: €29,090
- Short-term financial debts -€25,090
no longer reported in 2025 (was €25,090)
- Gross operating margin +€71,261
up €71,261 (+43.9%), from €162,413 to €233,674
- Taxes +€8,504
up €8,504 (+27.3%), from €31,152 to €39,656
- Depreciation +€6,148
up €6,148 (+15.3%), from €40,293 to €46,441
- Financial income -€5,735
down €5,735 (-78.0%), from €7,352 to €1,617
- Financial charges +€3,480
up €3,480 (+67.5%), from €5,153 to €8,633
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 | €608,765 | €640,416 | +€31,651 | +5.2% |
| Fixed assets | 21/28 | €429,478 | €417,932 | -€11,546 | -2.7% |
| Tangible fixed assets | 22/27 | €429,478 | €417,932 | -€11,546 | -2.7% |
| Land and buildings | 22 | €399,658 | €397,798 | -€1,860 | -0.5% |
| Furniture and vehicles | 24 | €29,820 | €20,134 | -€9,686 | -32.5% |
| Current assets | 29/58 | €179,287 | €222,484 | +€43,197 | +24.1% |
| Amounts receivable within one year | 40/41 | €111,583 | €113,228 | +€1,645 | +1.5% |
| Trade receivables | 40 | €351 | - | -€351 | |
| Other amounts receivable | 41 | €111,232 | €113,228 | +€1,996 | +1.8% |
| Current investments | 50/53 | €25,026 | €55,025 | +€29,999 | +120% |
| Cash at bank and in hand | 54/58 | €36,804 | €49,231 | +€12,427 | +33.8% |
| Deferred charges and accrued income | 490/1 | €5,874 | €5,000 | -€874 | -14.9% |
| Total equity and liabilities | 10/49 | €608,765 | €640,416 | +€31,651 | +5.2% |
| Equity | 10/15 | €291,112 | €376,144 | +€85,032 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €272,512 | €357,544 | +€85,032 | +31.2% |
| Distributable reserves | 133 | €272,512 | €357,544 | +€85,032 | +31.2% |
| Amounts payable | 17/49 | €317,653 | €264,272 | -€53,381 | -16.8% |
| Amounts payable after more than one year | 17 | €197,084 | €162,473 | -€34,611 | -17.6% |
| Financial debts | 170/4 | €197,084 | €162,473 | -€34,611 | -17.6% |
| Amounts payable within one year | 42/48 | €119,069 | €100,299 | -€18,770 | -15.8% |
| Current portion of amounts payable after more than one year | 42 | €34,155 | €44,728 | +€10,573 | +31.0% |
| Financial debts | 43 | €25,090 | - | -€25,090 | |
| Credit institutions | 430/8 | €25,090 | - | -€25,090 | |
| Trade debts | 44 | - | €29,090 | +€29,090 | |
| Suppliers | 440/4 | - | €29,090 | +€29,090 | |
| Taxes, remuneration and social security | 45 | €59,824 | €26,481 | -€33,343 | -55.7% |
| Taxes | 450/3 | €59,824 | €26,481 | -€33,343 | -55.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,293 | €46,441 | +€6,148 | +15.3% |
| Other operating charges | 640/8 | €946 | €1,672 | +€726 | +76.7% |
| Gross operating margin | 9900 | €162,413 | €233,674 | +€71,261 | +43.9% |
| Operating profit (loss) | 9901 | €121,174 | €185,561 | +€64,387 | +53.1% |
| Financial income | 75/76B | €7,352 | €1,617 | -€5,735 | -78.0% |
| Recurring financial income | 75 | €7,352 | €1,617 | -€5,735 | -78.0% |
| Financial charges | 65/66B | €5,153 | €8,633 | +€3,480 | +67.5% |
| Recurring financial charges | 65 | €5,153 | €8,633 | +€3,480 | +67.5% |
| Profit (loss) for the period before taxes | 9903 | €123,373 | €178,545 | +€55,172 | +44.7% |
| Income taxes | 67/77 | €31,152 | €39,656 | +€8,504 | +27.3% |
| Profit (loss) for the period | 9904 | €92,221 | €138,889 | +€46,668 | +50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,221 | €138,889 | +€46,668 | +50.6% |
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 30 October 2026 via checked.be.