TEYSEN ENGINEERING: 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.
TEYSEN ENGINEERING
Largest movements
- Cash +€43,611
up €43,611 (+55.3%), from €78,791 to €122,402
mainly Net result for the year (+€57,547) and Tax, wage and social debts (+€2,420)
- Receivables within one year +€1,483
up €1,483 (+12.4%), from €11,920 to €13,402
of which Trade receivables: +€1,451
- Profit (loss) carried forward +€56,714
up €56,714 (+170%), from €33,400 to €90,114
- Other debts -€11,959
down €11,959 (-37.6%), from €31,775 to €19,816
- Tax, wage and social debts +€2,420
up €2,420 (+11.1%), from €21,867 to €24,287
of which Taxes: +€2,402
- Trade debts -€1,965
down €1,965 (-28.9%), from €6,803 to €4,838
- Gross operating margin +€27,591
up €27,591 (+55.8%), from €49,438 to €77,028
- Taxes +€5,934
up €5,934 (+64.7%), from €9,172 to €15,106
- Other operating charges -€2,268
down €2,268 (-84.2%), from €2,693 to €425
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 | €94,045 | €139,255 | +€45,209 | +48.1% |
| Fixed assets | 21/28 | €2,447 | €2,795 | +€348 | +14.2% |
| Tangible fixed assets | 22/27 | €2,447 | €2,795 | +€348 | +14.2% |
| Plant, machinery and equipment | 23 | €2,447 | €2,795 | +€348 | +14.2% |
| Current assets | 29/58 | €91,599 | €136,460 | +€44,861 | +49.0% |
| Amounts receivable within one year | 40/41 | €11,920 | €13,402 | +€1,483 | +12.4% |
| Trade receivables | 40 | €11,920 | €13,371 | +€1,451 | +12.2% |
| Other amounts receivable | 41 | - | €32 | +€32 | |
| Cash at bank and in hand | 54/58 | €78,791 | €122,402 | +€43,611 | +55.3% |
| Deferred charges and accrued income | 490/1 | €888 | €656 | -€232 | -26.1% |
| Total equity and liabilities | 10/49 | €94,045 | €139,255 | +€45,209 | +48.1% |
| Equity | 10/15 | €33,600 | €90,314 | +€56,714 | +169% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,400 | €90,114 | +€56,714 | +170% |
| Amounts payable | 17/49 | €60,445 | €48,941 | -€11,505 | -19.0% |
| Amounts payable within one year | 42/48 | €60,445 | €48,941 | -€11,505 | -19.0% |
| Trade debts | 44 | €6,803 | €4,838 | -€1,965 | -28.9% |
| Suppliers | 440/4 | €6,803 | €4,838 | -€1,965 | -28.9% |
| Taxes, remuneration and social security | 45 | €21,867 | €24,287 | +€2,420 | +11.1% |
| Taxes | 450/3 | €19,533 | €21,935 | +€2,402 | +12.3% |
| Remuneration and social security | 454/9 | €2,334 | €2,352 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €31,775 | €19,816 | -€11,959 | -37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €732 | +€462 | +171% |
| Other operating charges | 640/8 | €2,693 | €425 | -€2,268 | -84.2% |
| Gross operating margin | 9900 | €49,438 | €77,028 | +€27,591 | +55.8% |
| Operating profit (loss) | 9901 | €46,474 | €75,872 | +€29,397 | +63.3% |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.7% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.7% |
| Financial charges | 65/66B | €3,085 | €3,219 | +€134 | +4.3% |
| Recurring financial charges | 65 | €3,085 | €3,219 | +€134 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €43,405 | €72,653 | +€29,248 | +67.4% |
| Income taxes | 67/77 | €9,172 | €15,106 | +€5,934 | +64.7% |
| Profit (loss) for the period | 9904 | €34,233 | €57,547 | +€23,314 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €34,233 | €57,547 | +€23,314 | +68.1% |
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 24 October 2026 via checked.be.