TETRASOFT: 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.
TETRASOFT
Largest movements
- Receivables within one year +€31,568
up €31,568 (+143.7%), from €21,966 to €53,534
of which Trade receivables: +€29,301
- Cash -€17,941
down €17,941 (-35.5%), from €50,475 to €32,534
mainly Contributions, distributions and other (-€59,121) and Receivables within one year (-€31,568)
- Tangible fixed assets -€8,062
down €8,062 (-28.6%), from €28,213 to €20,151
- Profit (loss) carried forward -€38,121
down €38,121 (-82.8%), from €46,063 to €7,942
- Reserves +€33,656
up €33,656 (+18.4%), from €182,526 to €216,182
- Accrued charges and deferred income +€5,189
up €5,189 (+66.2%), from €7,836 to €13,025
- Tax, wage and social debts +€2,962
up €2,962 (+13.1%), from €22,597 to €25,559
- Gross operating margin -€42,532
down €42,532 (-34.3%), from €124,028 to €81,496
- Taxes -€13,553
down €13,553 (-50.8%), from €26,661 to €13,108
- Depreciation +€3,412
up €3,412 (+34.7%), from €9,843 to €13,255
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €280,663 | €284,749 | +€4,086 | +1.5% |
| Fixed assets | 21/28 | €31,439 | €21,277 | -€10,162 | -32.3% |
| Intangible fixed assets | 21 | €2,100 | - | -€2,100 | |
| Tangible fixed assets | 22/27 | €28,213 | €20,151 | -€8,062 | -28.6% |
| Furniture and vehicles | 24 | €28,213 | €20,151 | -€8,062 | -28.6% |
| Financial fixed assets | 28 | €1,126 | €1,126 | = | 0.0% |
| Current assets | 29/58 | €249,224 | €263,472 | +€14,248 | +5.7% |
| Amounts receivable within one year | 40/41 | €21,966 | €53,534 | +€31,568 | +143.7% |
| Trade receivables | 40 | €21,444 | €50,745 | +€29,301 | +136.6% |
| Other amounts receivable | 41 | €522 | €2,789 | +€2,267 | +434.3% |
| Current investments | 50/53 | €176,783 | €177,404 | +€621 | +0.4% |
| Cash at bank and in hand | 54/58 | €50,475 | €32,534 | -€17,941 | -35.5% |
| Total equity and liabilities | 10/49 | €280,663 | €284,749 | +€4,086 | +1.5% |
| Equity | 10/15 | €247,181 | €242,716 | -€4,465 | -1.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €182,526 | €216,182 | +€33,656 | +18.4% |
| Distributable reserves | 133 | €182,526 | €216,182 | +€33,656 | +18.4% |
| Profit (loss) carried forward | 14 | €46,063 | €7,942 | -€38,121 | -82.8% |
| Amounts payable | 17/49 | €33,482 | €42,033 | +€8,551 | +25.5% |
| Amounts payable within one year | 42/48 | €25,646 | €29,008 | +€3,362 | +13.1% |
| Trade debts | 44 | €3,049 | €3,449 | +€400 | +13.1% |
| Suppliers | 440/4 | €3,049 | €3,449 | +€400 | +13.1% |
| Taxes, remuneration and social security | 45 | €22,597 | €25,559 | +€2,962 | +13.1% |
| Taxes | 450/3 | €22,597 | €25,559 | +€2,962 | +13.1% |
| Accrued charges and deferred income | 492/3 | €7,836 | €13,025 | +€5,189 | +66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,843 | €13,255 | +€3,412 | +34.7% |
| Other operating charges | 640/8 | €1,862 | €1,032 | -€830 | -44.6% |
| Gross operating margin | 9900 | €124,028 | €81,496 | -€42,532 | -34.3% |
| Operating profit (loss) | 9901 | €112,323 | €67,209 | -€45,114 | -40.2% |
| Financial income | 75/76B | €626 | €890 | +€264 | +42.2% |
| Recurring financial income | 75 | €626 | €890 | +€264 | +42.2% |
| Financial charges | 65/66B | €442 | €335 | -€107 | -24.2% |
| Recurring financial charges | 65 | €442 | €335 | -€107 | -24.2% |
| Profit (loss) for the period before taxes | 9903 | €112,507 | €67,764 | -€44,743 | -39.8% |
| Income taxes | 67/77 | €26,661 | €13,108 | -€13,553 | -50.8% |
| Profit (loss) for the period | 9904 | €85,846 | €54,656 | -€31,190 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €85,846 | €54,656 | -€31,190 | -36.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.