TETRAKTIS: 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.
TETRAKTIS
Largest movements
- Receivables within one year -€6,246
down €6,246 (-18.4%), from €34,025 to €27,779
of which Trade receivables: -€6,036
- Tangible fixed assets +€5,507
up €5,507 (+13.8%), from €39,766 to €45,273
- Cash -€1,448
down €1,448 (-10.6%), from €13,650 to €12,202
mainly Investment in fixed assets (net) (-€25,139) and Accrued charges and deferred income (-€17,571)
- Reserves +€24,634
up €24,634 (+123%), from €20,075 to €44,710
- Accrued charges and deferred income -€17,571
no longer reported in 2025 (was €17,571)
- Tax, wage and social debts -€9,610
down €9,610 (-47.2%), from €20,356 to €10,746
- Other debts +€3,236
up €3,236 (+46.6%), from €6,950 to €10,186
- Trade debts -€2,600
down €2,600 (-88.5%), from €2,937 to €337
- Gross operating margin +€18,966
up €18,966 (+49.4%), from €38,431 to €57,396
- Depreciation +€7,280
up €7,280 (+58.9%), from €12,352 to €19,632
- Taxes +€3,353
up €3,353 (+39.6%), from €8,462 to €11,815
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 | €97,890 | €95,979 | -€1,911 | -2.0% |
| Fixed assets | 21/28 | €49,841 | €55,347 | +€5,507 | +11.0% |
| Tangible fixed assets | 22/27 | €39,766 | €45,273 | +€5,507 | +13.8% |
| Furniture and vehicles | 24 | €39,766 | €45,273 | +€5,507 | +13.8% |
| Financial fixed assets | 28 | €10,074 | €10,074 | = | 0.0% |
| Current assets | 29/58 | €48,050 | €40,632 | -€7,418 | -15.4% |
| Amounts receivable within one year | 40/41 | €34,025 | €27,779 | -€6,246 | -18.4% |
| Trade receivables | 40 | €33,815 | €27,779 | -€6,036 | -17.8% |
| Other amounts receivable | 41 | €211 | - | -€211 | |
| Cash at bank and in hand | 54/58 | €13,650 | €12,202 | -€1,448 | -10.6% |
| Deferred charges and accrued income | 490/1 | €375 | €651 | +€276 | +73.6% |
| Total equity and liabilities | 10/49 | €97,890 | €95,979 | -€1,911 | -2.0% |
| Equity | 10/15 | €50,075 | €74,710 | +€24,634 | +49.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €20,075 | €44,710 | +€24,634 | +123% |
| Distributable reserves | 133 | €20,075 | €44,710 | +€24,634 | +123% |
| Amounts payable | 17/49 | €47,815 | €21,270 | -€26,545 | -55.5% |
| Amounts payable within one year | 42/48 | €30,244 | €21,270 | -€8,974 | -29.7% |
| Trade debts | 44 | €2,937 | €337 | -€2,600 | -88.5% |
| Suppliers | 440/4 | €2,937 | €337 | -€2,600 | -88.5% |
| Taxes, remuneration and social security | 45 | €20,356 | €10,746 | -€9,610 | -47.2% |
| Taxes | 450/3 | €20,356 | €10,746 | -€9,610 | -47.2% |
| Other amounts payable | 47/48 | €6,950 | €10,186 | +€3,236 | +46.6% |
| Accrued charges and deferred income | 492/3 | €17,571 | - | -€17,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,352 | €19,632 | +€7,280 | +58.9% |
| Other operating charges | 640/8 | €1,007 | €728 | -€279 | -27.7% |
| Gross operating margin | 9900 | €38,431 | €57,396 | +€18,966 | +49.4% |
| Operating profit (loss) | 9901 | €25,071 | €37,036 | +€11,965 | +47.7% |
| Financial charges | 65/66B | €507 | €587 | +€80 | +15.9% |
| Recurring financial charges | 65 | €507 | €587 | +€80 | +15.9% |
| Profit (loss) for the period before taxes | 9903 | €24,565 | €36,449 | +€11,885 | +48.4% |
| Income taxes | 67/77 | €8,462 | €11,815 | +€3,353 | +39.6% |
| Profit (loss) for the period | 9904 | €16,103 | €24,634 | +€8,531 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,103 | €24,634 | +€8,531 | +53.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.