TG Audit: 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 Audit
Largest movements
- Tangible fixed assets +€50,190
up €50,190 (+1,539%), from €3,260 to €53,451
- Cash -€22,254
down €22,254 (-18.8%), from €118,102 to €95,848
mainly Contributions, distributions and other (-€103,061) and Investment in fixed assets (net) (-€62,894)
- Other debts +€24,741
up €24,741 (+39.3%), from €62,900 to €87,642
- Tax, wage and social debts +€4,983
up €4,983 (+20.2%), from €24,629 to €29,612
- Gross operating margin +€22,333
up €22,333 (+17.3%), from €129,019 to €151,351
- Financial income -€2,536
down €2,536 (-92.2%), from €2,751 to €214
- Depreciation +€2,495
up €2,495 (+24.4%), from €10,208 to €12,703
- Taxes +€2,257
up €2,257 (+6.9%), from €32,928 to €35,185
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 | €158,331 | €187,938 | +€29,607 | +18.7% |
| Fixed assets | 21/28 | €3,800 | €53,990 | +€50,190 | +1,321% |
| Tangible fixed assets | 22/27 | €3,260 | €53,451 | +€50,190 | +1,539% |
| Furniture and vehicles | 24 | €3,260 | €53,451 | +€50,190 | +1,539% |
| Financial fixed assets | 28 | €539 | €539 | = | 0.0% |
| Current assets | 29/58 | €154,531 | €133,948 | -€20,583 | -13.3% |
| Amounts receivable within one year | 40/41 | €37 | €299 | +€262 | +700% |
| Trade receivables | 40 | €37 | €299 | +€262 | +700% |
| Current investments | 50/53 | €36,000 | €37,500 | +€1,500 | +4.2% |
| Cash at bank and in hand | 54/58 | €118,102 | €95,848 | -€22,254 | -18.8% |
| Deferred charges and accrued income | 490/1 | €392 | €300 | -€92 | -23.4% |
| Total equity and liabilities | 10/49 | €158,331 | €187,938 | +€29,607 | +18.7% |
| Equity | 10/15 | €70,000 | €70,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €88,331 | €117,938 | +€29,607 | +33.5% |
| Amounts payable within one year | 42/48 | €88,331 | €117,938 | +€29,607 | +33.5% |
| Trade debts | 44 | €801 | €684 | -€117 | -14.7% |
| Suppliers | 440/4 | €801 | €684 | -€117 | -14.7% |
| Taxes, remuneration and social security | 45 | €24,629 | €29,612 | +€4,983 | +20.2% |
| Taxes | 450/3 | €24,629 | €29,612 | +€4,983 | +20.2% |
| Other amounts payable | 47/48 | €62,900 | €87,642 | +€24,741 | +39.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,208 | €12,703 | +€2,495 | +24.4% |
| Other operating charges | 640/8 | €1,779 | €574 | -€1,205 | -67.7% |
| Gross operating margin | 9900 | €129,019 | €151,351 | +€22,333 | +17.3% |
| Operating profit (loss) | 9901 | €117,032 | €138,074 | +€21,042 | +18.0% |
| Financial income | 75/76B | €2,751 | €214 | -€2,536 | -92.2% |
| Recurring financial income | 75 | €2,751 | €214 | -€2,536 | -92.2% |
| Financial charges | 65/66B | €116 | €43 | -€73 | -62.9% |
| Recurring financial charges | 65 | €116 | €43 | -€73 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €119,667 | €138,246 | +€18,579 | +15.5% |
| Income taxes | 67/77 | €32,928 | €35,185 | +€2,257 | +6.9% |
| Profit (loss) for the period | 9904 | €86,739 | €103,061 | +€16,322 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,739 | €103,061 | +€16,322 | +18.8% |
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 22 October 2026 via checked.be.