Tetrax Consulting: 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.
Tetrax Consulting
Largest movements
- Cash +€29,586
up €29,586 (+92.0%), from €32,150 to €61,737
mainly Net result for the year (+€68,052) and Other debts (+€31,882)
- Tangible fixed assets +€6,630
up €6,630 (+45.9%), from €14,444 to €21,074
of which Furniture and vehicles: +€8,864
- Receivables within one year +€2,635
up €2,635 (+22.2%), from €11,885 to €14,520
of which Trade receivables: +€4,770
- Other debts +€31,882
up €31,882 (+131%), from €24,407 to €56,289
- Tax, wage and social debts +€26,282
up €26,282 (+495%), from €5,313 to €31,595
- Profit (loss) carried forward -€18,948
down €18,948 (-75.9%), from €24,959 to €6,011
- Taxes +€13,687
up €13,687 (+133%), from €10,313 to €24,000
- Depreciation +€2,308
up €2,308 (+88.7%), from €2,601 to €4,909
- Gross operating margin -€1,739
down €1,739 (-1.7%), from €99,471 to €97,731
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 | €58,480 | €97,330 | +€38,851 | +66.4% |
| Fixed assets | 21/28 | €14,444 | €21,074 | +€6,630 | +45.9% |
| Tangible fixed assets | 22/27 | €14,444 | €21,074 | +€6,630 | +45.9% |
| Plant, machinery and equipment | 23 | €5,748 | €3,514 | -€2,234 | -38.9% |
| Furniture and vehicles | 24 | €8,696 | €17,560 | +€8,864 | +102% |
| Current assets | 29/58 | €44,036 | €76,257 | +€32,221 | +73.2% |
| Amounts receivable within one year | 40/41 | €11,885 | €14,520 | +€2,635 | +22.2% |
| Trade receivables | 40 | €9,750 | €14,520 | +€4,770 | +48.9% |
| Other amounts receivable | 41 | €2,135 | - | -€2,135 | |
| Cash at bank and in hand | 54/58 | €32,150 | €61,737 | +€29,586 | +92.0% |
| Total equity and liabilities | 10/49 | €58,480 | €97,330 | +€38,851 | +66.4% |
| Equity | 10/15 | €26,959 | €8,011 | -€18,948 | -70.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,959 | €6,011 | -€18,948 | -75.9% |
| Amounts payable | 17/49 | €31,520 | €89,319 | +€57,799 | +183% |
| Amounts payable within one year | 42/48 | €31,520 | €89,319 | +€57,799 | +183% |
| Trade debts | 44 | €1,801 | €1,435 | -€366 | -20.3% |
| Suppliers | 440/4 | €1,801 | €1,435 | -€366 | -20.3% |
| Taxes, remuneration and social security | 45 | €5,313 | €31,595 | +€26,282 | +495% |
| Taxes | 450/3 | €5,313 | €31,595 | +€26,282 | +495% |
| Other amounts payable | 47/48 | €24,407 | €56,289 | +€31,882 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,601 | €4,909 | +€2,308 | +88.7% |
| Other operating charges | 640/8 | €569 | €520 | -€49 | -8.7% |
| Gross operating margin | 9900 | €99,471 | €97,731 | -€1,739 | -1.7% |
| Operating profit (loss) | 9901 | €96,300 | €92,303 | -€3,998 | -4.2% |
| Financial income | 75/76B | €177 | - | -€177 | |
| Recurring financial income | 75 | €177 | - | -€177 | |
| Financial charges | 65/66B | €479 | €251 | -€228 | -47.7% |
| Recurring financial charges | 65 | €479 | €251 | -€228 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €95,999 | €92,052 | -€3,946 | -4.1% |
| Income taxes | 67/77 | €10,313 | €24,000 | +€13,687 | +133% |
| Profit (loss) for the period | 9904 | €85,686 | €68,052 | -€17,634 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,686 | €68,052 | -€17,634 | -20.6% |
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 25 October 2026 via checked.be.