TETRAM: what changed
TETRAM
Largest movements
- Financial fixed assets +€39,260
up €39,260 (+3,166%), from €1,240 to €40,500
- Receivables within one year +€12,948
up €12,948 (+21.3%), from €60,792 to €73,740
of which Other amounts receivable: +€10,281
- Cash +€4,539
up €4,539 (+6.1%), from €74,122 to €78,660
mainly Net result for the year (+€82,361) and Depreciation (+€7,296)
- Tangible fixed assets -€3,361
down €3,361 (-20.7%), from €16,239 to €12,878
of which Furniture and vehicles: -€3,361
- Reserves +€82,361
up €82,361 (+94.0%), from €87,631 to €169,992
- Other debts -€29,651
down €29,651 (-96.8%), from €30,638 to €987
- Gross operating margin +€84,803
up €84,803 (+70.5%), from €120,315 to €205,118
- Taxes +€24,915
up €24,915 (+238%), from €10,476 to €35,390
- Depreciation +€2,598
up €2,598 (+55.3%), from €4,698 to €7,296
- Other operating charges -€2,224
down €2,224 (-73.5%), from €3,026 to €803
- Financial charges -€2,072
down €2,072 (-96.1%), from €2,157 to €85
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,170 | €223,323 | +€53,153 | +31.2% |
| Fixed assets | 21/28 | €17,479 | €53,378 | +€35,899 | +205% |
| Tangible fixed assets | 22/27 | €16,239 | €12,878 | -€3,361 | -20.7% |
| Furniture and vehicles | 24 | €16,239 | €12,878 | -€3,361 | -20.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,240 | €40,500 | +€39,260 | +3,166% |
| Current assets | 29/58 | €152,691 | €169,945 | +€17,254 | +11.3% |
| Amounts receivable within one year | 40/41 | €60,792 | €73,740 | +€12,948 | +21.3% |
| Trade receivables | 40 | €58,134 | €60,801 | +€2,667 | +4.6% |
| Other amounts receivable | 41 | €2,659 | €12,940 | +€10,281 | +387% |
| Current investments | 50/53 | €7,289 | €7,329 | +€39 | +0.5% |
| Cash at bank and in hand | 54/58 | €74,122 | €78,660 | +€4,539 | +6.1% |
| Deferred charges and accrued income | 490/1 | €10,487 | €10,215 | -€272 | -2.6% |
| Total equity and liabilities | 10/49 | €170,170 | €223,323 | +€53,153 | +31.2% |
| Equity | 10/15 | €94,631 | €176,992 | +€82,361 | +87.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €87,631 | €169,992 | +€82,361 | +94.0% |
| Distributable reserves | 133 | €87,631 | €169,992 | +€82,361 | +94.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,540 | €46,331 | -€29,209 | -38.7% |
| Amounts payable within one year | 42/48 | €75,540 | €46,331 | -€29,209 | -38.7% |
| Trade debts | 44 | €7,064 | €6,611 | -€453 | -6.4% |
| Suppliers | 440/4 | €7,064 | €6,611 | -€453 | -6.4% |
| Taxes, remuneration and social security | 45 | €37,838 | €38,733 | +€896 | +2.4% |
| Taxes | 450/3 | €17,078 | €23,193 | +€6,115 | +35.8% |
| Remuneration and social security | 454/9 | €20,759 | €15,540 | -€5,219 | -25.1% |
| Other amounts payable | 47/48 | €30,638 | €987 | -€29,651 | -96.8% |
| Remuneration, social security and pensions | 62 | €78,493 | €80,160 | +€1,667 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,698 | €7,296 | +€2,598 | +55.3% |
| Other operating charges | 640/8 | €3,026 | €803 | -€2,224 | -73.5% |
| Gross operating margin | 9900 | €120,315 | €205,118 | +€84,803 | +70.5% |
| Operating profit (loss) | 9901 | €34,098 | €116,860 | +€82,762 | +243% |
| Financial income | 75/76B | €660 | €976 | +€317 | +48.0% |
| Recurring financial income | 75 | €660 | €976 | +€317 | +48.0% |
| Financial charges | 65/66B | €2,157 | €85 | -€2,072 | -96.1% |
| Recurring financial charges | 65 | €2,157 | €85 | -€2,072 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | €32,601 | €117,751 | +€85,151 | +261% |
| Income taxes | 67/77 | €10,476 | €35,390 | +€24,915 | +238% |
| Profit (loss) for the period | 9904 | €22,125 | €82,361 | +€60,236 | +272% |
| Profit (loss) for the period to be appropriated | 9905 | €22,125 | €82,361 | +€60,236 | +272% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.