TG: 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.
TG
Largest movements
- Cash +€12,083
up €12,083 (+2,267%), from €533 to €12,616
mainly Receivables within one year (+€8,848) and Net result for the year (+€8,707)
- Receivables within one year -€8,848
down €8,848 (-87.2%), from €10,150 to €1,302
of which Trade receivables: -€8,916
- Tangible fixed assets -€2,159
down €2,159 (-39.0%), from €5,534 to €3,375
of which Furniture and vehicles: -€1,378
- Reserves +€8,707
up €8,707 (+18.2%), from €47,938 to €56,645
- Other debts -€5,209
down €5,209 (-100%), from €5,209 to €0
- Tax, wage and social debts -€1,823
down €1,823 (-31.4%), from €5,798 to €3,975
of which Remuneration and social security: -€2,100
- Gross operating margin +€902
up €902 (+6.7%), from €13,534 to €14,435
- Financial income +€284
up €284, from €0 to €284
- Other operating charges +€262
up €262 (+55.2%), from €475 to €738
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 | €60,578 | €61,995 | +€1,417 | +2.3% |
| Fixed assets | 21/28 | €5,534 | €3,375 | -€2,159 | -39.0% |
| Tangible fixed assets | 22/27 | €5,534 | €3,375 | -€2,159 | -39.0% |
| Plant, machinery and equipment | 23 | €2,260 | €1,480 | -€780 | -34.5% |
| Furniture and vehicles | 24 | €3,274 | €1,895 | -€1,378 | -42.1% |
| Current assets | 29/58 | €55,044 | €58,620 | +€3,575 | +6.5% |
| Amounts receivable within one year | 40/41 | €10,150 | €1,302 | -€8,848 | -87.2% |
| Trade receivables | 40 | €10,150 | €1,234 | -€8,916 | -87.8% |
| Other amounts receivable | 41 | - | €69 | +€69 | |
| Current investments | 50/53 | €42,000 | €42,283 | +€283 | +0.7% |
| Cash at bank and in hand | 54/58 | €533 | €12,616 | +€12,083 | +2,267% |
| Deferred charges and accrued income | 490/1 | €2,361 | €2,419 | +€57 | +2.4% |
| Total equity and liabilities | 10/49 | €60,578 | €61,995 | +€1,417 | +2.3% |
| Equity | 10/15 | €48,038 | €56,745 | +€8,707 | +18.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €47,938 | €56,645 | +€8,707 | +18.2% |
| Distributable reserves | 133 | €47,938 | €56,645 | +€8,707 | +18.2% |
| Amounts payable | 17/49 | €12,541 | €5,250 | -€7,291 | -58.1% |
| Amounts payable within one year | 42/48 | €12,141 | €5,250 | -€6,891 | -56.8% |
| Trade debts | 44 | €1,134 | €1,275 | +€141 | +12.5% |
| Suppliers | 440/4 | €1,134 | €1,275 | +€141 | +12.5% |
| Taxes, remuneration and social security | 45 | €5,798 | €3,975 | -€1,823 | -31.4% |
| Taxes | 450/3 | €3,698 | €3,975 | +€277 | +7.5% |
| Remuneration and social security | 454/9 | €2,100 | €0 | -€2,100 | -100% |
| Other amounts payable | 47/48 | €5,209 | €0 | -€5,209 | -100% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,023 | €2,159 | +€136 | +6.7% |
| Other operating charges | 640/8 | €475 | €738 | +€262 | +55.2% |
| Gross operating margin | 9900 | €13,534 | €14,435 | +€902 | +6.7% |
| Operating profit (loss) | 9901 | €11,036 | €11,539 | +€503 | +4.6% |
| Financial income | 75/76B | €0 | €284 | +€284 | |
| Recurring financial income | 75 | €0 | €284 | +€284 | |
| Financial charges | 65/66B | €56 | €108 | +€52 | +93.8% |
| Recurring financial charges | 65 | €56 | €108 | +€52 | +93.8% |
| Profit (loss) for the period before taxes | 9903 | €10,980 | €11,715 | +€735 | +6.7% |
| Income taxes | 67/77 | €3,087 | €3,008 | -€79 | -2.6% |
| Profit (loss) for the period | 9904 | €7,893 | €8,707 | +€814 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,893 | €8,707 | +€814 | +10.3% |
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.