TEWEE: 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.
TEWEE
Largest movements
- Cash +€4,329
up €4,329 (+37.1%), from €11,683 to €16,012
mainly Net result for the year (+€6,669) and Depreciation (+€787)
- Receivables within one year +€1,118
up €1,118 (+93.2%), from €1,200 to €2,318
- Reserves +€5,836
up €5,836 (+68.6%), from €8,512 to €14,349
- Gross operating margin -€3,033
down €3,033 (-24.7%), from €12,289 to €9,256
- Taxes -€640
down €640 (-26.4%), from €2,427 to €1,786
- Depreciation +€459
up €459 (+140.2%), from €327 to €787
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 | €15,570 | €21,130 | +€5,560 | +35.7% |
| Fixed assets | 21/28 | €2,431 | €2,566 | +€135 | +5.5% |
| Tangible fixed assets | 22/27 | €2,431 | €2,566 | +€135 | +5.5% |
| Plant, machinery and equipment | 23 | €1,442 | €1,105 | -€337 | -23.4% |
| Furniture and vehicles | 24 | €989 | €1,461 | +€472 | +47.7% |
| Current assets | 29/58 | €13,139 | €18,564 | +€5,425 | +41.3% |
| Amounts receivable within one year | 40/41 | €1,200 | €2,318 | +€1,118 | +93.2% |
| Trade receivables | 40 | €1,200 | €2,318 | +€1,118 | +93.2% |
| Cash at bank and in hand | 54/58 | €11,683 | €16,012 | +€4,329 | +37.1% |
| Deferred charges and accrued income | 490/1 | €256 | €234 | -€22 | -8.7% |
| Total equity and liabilities | 10/49 | €15,570 | €21,130 | +€5,560 | +35.7% |
| Equity | 10/15 | €10,512 | €16,349 | +€5,836 | +55.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €8,512 | €14,349 | +€5,836 | +68.6% |
| Distributable reserves | 133 | €8,512 | €14,349 | +€5,836 | +68.6% |
| Amounts payable | 17/49 | €5,058 | €4,781 | -€277 | -5.5% |
| Amounts payable within one year | 42/48 | €4,047 | €3,883 | -€164 | -4.0% |
| Trade debts | 44 | €102 | €104 | +€2 | +1.5% |
| Suppliers | 440/4 | €102 | €104 | +€2 | +1.5% |
| Taxes, remuneration and social security | 45 | €3,076 | €2,878 | -€198 | -6.4% |
| Taxes | 450/3 | €3,076 | €2,878 | -€198 | -6.4% |
| Other amounts payable | 47/48 | €869 | €902 | +€33 | +3.8% |
| Accrued charges and deferred income | 492/3 | €1,011 | €898 | -€113 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €327 | €787 | +€459 | +140.2% |
| Other operating charges | 640/8 | €101 | - | -€101 | |
| Gross operating margin | 9900 | €12,289 | €9,256 | -€3,033 | -24.7% |
| Operating profit (loss) | 9901 | €11,861 | €8,470 | -€3,391 | -28.6% |
| Financial charges | 65/66B | €122 | €14 | -€108 | -88.5% |
| Recurring financial charges | 65 | €122 | €14 | -€108 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €11,739 | €8,456 | -€3,283 | -28.0% |
| Income taxes | 67/77 | €2,427 | €1,786 | -€640 | -26.4% |
| Profit (loss) for the period | 9904 | €9,312 | €6,669 | -€2,643 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,312 | €6,669 | -€2,643 | -28.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.