TEVADENT: 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.
What changed
TEVADENT
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,200
2024 · €28,561-€7,361
Equity
€786,228
2024 · €765,029+€21,200
Cash
€202,506
2024 · €190,789+€11,717
Balance sheet total
€1.6m
2024 · €1.6m-€40,059
Largest movements
Assets
- Tangible fixed assets -€60,231
down €60,231 (-5.2%), from €1.2m to €1.1m
of which Land and buildings: -€55,003
Equity and liabilities
- Debts after one year -€53,714
down €53,714 (-7.2%), from €747,580 to €693,867
- Reserves +€21,200
up €21,200 (+3.0%), from €703,055 to €724,255
of which Distributable reserves: +€24,262
Income statement
- Gross operating margin -€9,255
down €9,255 (-7.5%), from €122,780 to €113,526
- Taxes -€1,372
down €1,372 (-10.4%), from €13,180 to €11,808
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.
Result 2024
€28,561
Gross operating margin
-€9,255
Depreciation
+€31
Provisions
-€496
Other operating charges
-€326
Financial income
+€391
Financial charges
+€922
Taxes
+€1,372
Result 2025
€21,200
Cash bridge derived
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.
From operations
+€64,505
Investment
€0
Financing
-€52,788
Cash 2024
€190,789
From operations (derived)
+€64,505
Net result for the year
+€21,200
Depreciation
+€60,231
Receivables within one year
-€13,451
Deferred charges and accrued income
+€4,997
Provisions
-€785
Trade debts
-€259
Tax, wage and social debts
-€7,427
Financing
-€52,788
Debts after one year
-€53,714
Current portion of long-term debt
+€926
Cash 2025
€202,506
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,598,809 | €1,558,750 | -€40,059 | -2.5% |
| Fixed assets | 21/28 | €1,159,063 | €1,098,832 | -€60,231 | -5.2% |
| Tangible fixed assets | 22/27 | €1,159,063 | €1,098,832 | -€60,231 | -5.2% |
| Land and buildings | 22 | €1,125,980 | €1,070,978 | -€55,003 | -4.9% |
| Plant, machinery and equipment | 23 | €13,085 | €9,244 | -€3,841 | -29.4% |
| Furniture and vehicles | 24 | €19,998 | €18,610 | -€1,388 | -6.9% |
| Current assets | 29/58 | €439,746 | €459,918 | +€20,171 | +4.6% |
| Amounts receivable after more than one year | 29 | €230,000 | €230,000 | = | 0.0% |
| Other amounts receivable | 291 | €230,000 | €230,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,690 | €17,141 | +€13,451 | +364.5% |
| Trade receivables | 40 | €1,135 | €8,722 | +€7,587 | +668.5% |
| Other amounts receivable | 41 | €2,555 | €8,419 | +€5,864 | +229.5% |
| Cash at bank and in hand | 54/58 | €190,789 | €202,506 | +€11,717 | +6.1% |
| Deferred charges and accrued income | 490/1 | €15,267 | €10,271 | -€4,997 | -32.7% |
| Total equity and liabilities | 10/49 | €1,598,809 | €1,558,750 | -€40,059 | -2.5% |
| Equity | 10/15 | €765,029 | €786,228 | +€21,200 | +2.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €703,055 | €724,255 | +€21,200 | +3.0% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €70,436 | €67,373 | -€3,062 | -4.3% |
| Distributable reserves | 133 | €626,320 | €650,582 | +€24,262 | +3.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €18,051 | €17,267 | -€785 | -4.3% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Deferred taxes | 168 | €18,051 | €17,267 | -€785 | -4.3% |
| Amounts payable | 17/49 | €815,729 | €755,255 | -€60,474 | -7.4% |
| Amounts payable after more than one year | 17 | €747,580 | €693,867 | -€53,714 | -7.2% |
| Financial debts | 170/4 | €747,580 | €693,867 | -€53,714 | -7.2% |
| Amounts payable within one year | 42/48 | €68,149 | €61,388 | -€6,761 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €58,312 | €59,238 | +€926 | +1.6% |
| Trade debts | 44 | €2,409 | €2,150 | -€259 | -10.7% |
| Suppliers | 440/4 | €2,409 | €2,150 | -€259 | -10.7% |
| Taxes, remuneration and social security | 45 | €7,427 | €0 | -€7,427 | -100.0% |
| Taxes | 450/3 | €7,427 | €0 | -€7,427 | -100.0% |
| Non-recurring operating income | 76A | - | €4,822 | +€4,822 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,262 | €60,231 | -€31 | -0.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€496 | €0 | +€496 | |
| Other operating charges | 640/8 | €10,150 | €10,476 | +€326 | +3.2% |
| Gross operating margin | 9900 | €122,780 | €113,526 | -€9,255 | -7.5% |
| Operating profit (loss) | 9901 | €52,865 | €42,819 | -€10,046 | -19.0% |
| Financial income | 75/76B | €2,614 | €3,005 | +€391 | +15.0% |
| Recurring financial income | 75 | €2,614 | €3,005 | +€391 | +15.0% |
| Financial charges | 65/66B | €14,522 | €13,601 | -€922 | -6.3% |
| Recurring financial charges | 65 | €14,522 | €13,601 | -€922 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €40,956 | €32,223 | -€8,733 | -21.3% |
| Transfer from deferred taxes | 780 | €785 | €785 | = | 0.0% |
| Income taxes | 67/77 | €13,180 | €11,808 | -€1,372 | -10.4% |
| Profit (loss) for the period | 9904 | €28,561 | €21,200 | -€7,361 | -25.8% |
| Transfer from tax-exempt reserves | 789 | €3,062 | €3,062 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,623 | €24,262 | -€7,361 | -23.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.