TEWE: 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.
TEWE
Largest movements
- Receivables within one year +€2,761
up €2,761 (+467.6%), from €590 to €3,351
of which Trade receivables: +€3,000
- Cash -€432
down €432 (-87.0%), from €497 to €65
mainly Receivables within one year (-€2,761) and Net result for the year (-€763)
- Trade debts +€2,592
up €2,592 (+155.7%), from €1,665 to €4,257
- Profit (loss) carried forward -€763
down €763 (-1.1%), from -€68,807 to -€69,570
- Other debts +€500
up €500 (+5.5%), from €9,155 to €9,655
- Gross operating margin -€1,434
down €1,434, from €1,277 to -€158
- Financial charges +€65
up €65 (+311.6%), from €21 to €86
- Other operating charges +€14
up €14 (+2.8%), from €505 to €520
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,472 | €17,800 | +€2,329 | +15.1% |
| Current assets | 29/58 | €15,472 | €17,800 | +€2,329 | +15.1% |
| Stocks and contracts in progress | 3 | €14,384 | €14,384 | = | 0.0% |
| Stocks | 30/36 | €14,384 | €14,384 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €590 | €3,351 | +€2,761 | +467.6% |
| Trade receivables | 40 | €304 | €3,304 | +€3,000 | +985.7% |
| Other amounts receivable | 41 | €286 | €47 | -€239 | -83.5% |
| Cash at bank and in hand | 54/58 | €497 | €65 | -€432 | -87.0% |
| Total equity and liabilities | 10/49 | €15,472 | €17,800 | +€2,329 | +15.1% |
| Equity | 10/15 | €4,289 | €3,525 | -€763 | -17.8% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €1,096 | €1,096 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,096 | €1,096 | = | 0.0% |
| Legal reserve | 130 | €1,096 | €1,096 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,807 | -€69,570 | -€763 | -1.1% |
| Amounts payable | 17/49 | €11,183 | €14,275 | +€3,092 | +27.6% |
| Amounts payable within one year | 42/48 | €11,183 | €14,275 | +€3,092 | +27.6% |
| Trade debts | 44 | €1,665 | €4,257 | +€2,592 | +155.7% |
| Suppliers | 440/4 | €1,665 | €4,257 | +€2,592 | +155.7% |
| Advances received on contracts in progress | 46 | €363 | €363 | = | 0.0% |
| Other amounts payable | 47/48 | €9,155 | €9,655 | +€500 | +5.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €1,277 | -€158 | -€1,434 | |
| Operating profit (loss) | 9901 | €771 | -€678 | -€1,449 | |
| Financial charges | 65/66B | €21 | €86 | +€65 | +311.6% |
| Recurring financial charges | 65 | €21 | €86 | +€65 | +311.6% |
| Profit (loss) for the period before taxes | 9903 | €750 | -€763 | -€1,514 | |
| Profit (loss) for the period | 9904 | €750 | -€763 | -€1,514 | |
| Profit (loss) for the period to be appropriated | 9905 | €750 | -€763 | -€1,514 |
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 9 October 2026 via checked.be.