TeTraSo: 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.
TeTraSo
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€32,824
down €32,824 (-39.4%), from €83,276 to €50,451
mainly Current investments (-€50,000) and Investment in fixed assets (net) (-€5,500)
- Receivables within one year +€2,703
up €2,703 (+332%), from €814 to €3,517
of which Trade receivables: +€2,655
- Deferred charges and accrued income -€2,200
no longer reported in 2025 (was €2,200)
- Reserves +€16,693
up €16,693 (+48.0%), from €34,780 to €51,473
- Tax, wage and social debts +€2,275
up €2,275 (+12.3%), from €18,475 to €20,749
- Gross operating margin -€10,547
down €10,547 (-26.6%), from €39,724 to €29,177
- Taxes -€3,461
down €3,461 (-30.7%), from €11,292 to €7,831
- Financial income +€578
up €578 (+1,925,667%), from €0 to €578
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 | €107,315 | €125,600 | +€18,284 | +17.0% |
| Fixed assets | 21/28 | €21,025 | €21,632 | +€606 | +2.9% |
| Tangible fixed assets | 22/27 | €21,025 | €21,632 | +€606 | +2.9% |
| Land and buildings | 22 | €10,979 | €14,931 | +€3,952 | +36.0% |
| Plant, machinery and equipment | 23 | €7,798 | €4,709 | -€3,089 | -39.6% |
| Furniture and vehicles | 24 | €2,248 | €1,991 | -€257 | -11.4% |
| Current assets | 29/58 | €86,290 | €103,968 | +€17,678 | +20.5% |
| Amounts receivable within one year | 40/41 | €814 | €3,517 | +€2,703 | +332% |
| Trade receivables | 40 | €754 | €3,408 | +€2,655 | +352% |
| Other amounts receivable | 41 | €61 | €108 | +€48 | +78.9% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €83,276 | €50,451 | -€32,824 | -39.4% |
| Deferred charges and accrued income | 490/1 | €2,200 | - | -€2,200 | |
| Total equity and liabilities | 10/49 | €107,315 | €125,600 | +€18,284 | +17.0% |
| Equity | 10/15 | €39,780 | €56,473 | +€16,693 | +42.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,780 | €51,473 | +€16,693 | +48.0% |
| Distributable reserves | 133 | €34,780 | €51,473 | +€16,693 | +48.0% |
| Amounts payable | 17/49 | €67,535 | €69,127 | +€1,592 | +2.4% |
| Amounts payable within one year | 42/48 | €65,845 | €67,435 | +€1,590 | +2.4% |
| Trade debts | 44 | €165 | - | -€165 | |
| Suppliers | 440/4 | €165 | - | -€165 | |
| Taxes, remuneration and social security | 45 | €18,475 | €20,749 | +€2,275 | +12.3% |
| Taxes | 450/3 | €18,475 | €20,749 | +€2,275 | +12.3% |
| Other amounts payable | 47/48 | €47,205 | €46,686 | -€519 | -1.1% |
| Accrued charges and deferred income | 492/3 | €1,691 | €1,692 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,636 | €4,894 | +€258 | +5.6% |
| Other operating charges | 640/8 | €141 | €199 | +€59 | +41.8% |
| Gross operating margin | 9900 | €39,724 | €29,177 | -€10,547 | -26.6% |
| Operating profit (loss) | 9901 | €34,947 | €24,084 | -€10,863 | -31.1% |
| Financial income | 75/76B | €0 | €578 | +€578 | +1,925,667% |
| Recurring financial income | 75 | €0 | €578 | +€578 | +1,925,667% |
| Financial charges | 65/66B | €127 | €138 | +€12 | +9.1% |
| Recurring financial charges | 65 | €127 | €138 | +€12 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €34,820 | €24,523 | -€10,297 | -29.6% |
| Income taxes | 67/77 | €11,292 | €7,831 | -€3,461 | -30.7% |
| Profit (loss) for the period | 9904 | €23,528 | €16,693 | -€6,836 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,528 | €16,693 | -€6,836 | -29.1% |
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 23 October 2026 via checked.be.