Tjolders: 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.
Tjolders
Largest movements
- Cash +€20,923
up €20,923 (+396%), from €5,288 to €26,211
mainly Other debts (+€13,224) and Receivables within one year (+€6,520)
- Receivables within one year -€6,520
down €6,520 (-70.3%), from €9,273 to €2,753
of which Trade receivables: -€5,883
- Tangible fixed assets -€6,195
down €6,195 (-39.0%), from €15,902 to €9,707
- Stocks and contracts -€612
down €612 (-3.5%), from €17,355 to €16,744
- Other debts +€13,224
up €13,224 (+105%), from €12,600 to €25,824
- Profit (loss) carried forward -€4,033
down €4,033, from €703 to -€3,330
- Trade debts -€2,995
down €2,995 (-84.9%), from €3,527 to €533
- Tax, wage and social debts +€1,420
up €1,420 (+144%), from €988 to €2,408
- Depreciation +€3,686
up €3,686 (+147%), from €2,509 to €6,195
- Financial charges +€1,974
up €1,974 (+14,265%), from €14 to €1,988
- Gross operating margin +€1,132
up €1,132 (+31.6%), from €3,577 to €4,709
- Financial income +€278
up €278 (+36,052%), from €1 to €278
- Other operating charges +€93
up €93 (+12.6%), from €743 to €837
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 | €47,819 | €55,435 | +€7,616 | +15.9% |
| Fixed assets | 21/28 | €15,902 | €9,707 | -€6,195 | -39.0% |
| Tangible fixed assets | 22/27 | €15,902 | €9,707 | -€6,195 | -39.0% |
| Plant, machinery and equipment | 23 | €15,902 | €9,707 | -€6,195 | -39.0% |
| Current assets | 29/58 | €31,916 | €45,728 | +€13,812 | +43.3% |
| Stocks and contracts in progress | 3 | €17,355 | €16,744 | -€612 | -3.5% |
| Stocks | 30/36 | €17,355 | €16,744 | -€612 | -3.5% |
| Amounts receivable within one year | 40/41 | €9,273 | €2,753 | -€6,520 | -70.3% |
| Trade receivables | 40 | €8,396 | €2,513 | -€5,883 | -70.1% |
| Other amounts receivable | 41 | €878 | €240 | -€638 | -72.6% |
| Cash at bank and in hand | 54/58 | €5,288 | €26,211 | +€20,923 | +396% |
| Deferred charges and accrued income | 490/1 | - | €20 | +€20 | |
| Total equity and liabilities | 10/49 | €47,819 | €55,435 | +€7,616 | +15.9% |
| Equity | 10/15 | €30,703 | €26,670 | -€4,033 | -13.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €703 | -€3,330 | -€4,033 | |
| Amounts payable | 17/49 | €17,116 | €28,765 | +€11,650 | +68.1% |
| Amounts payable within one year | 42/48 | €17,116 | €28,765 | +€11,650 | +68.1% |
| Trade debts | 44 | €3,527 | €533 | -€2,995 | -84.9% |
| Suppliers | 440/4 | €3,527 | €533 | -€2,995 | -84.9% |
| Taxes, remuneration and social security | 45 | €988 | €2,408 | +€1,420 | +144% |
| Taxes | 450/3 | €988 | €2,408 | +€1,420 | +144% |
| Other amounts payable | 47/48 | €12,600 | €25,824 | +€13,224 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,509 | €6,195 | +€3,686 | +147% |
| Other operating charges | 640/8 | €743 | €837 | +€93 | +12.6% |
| Gross operating margin | 9900 | €3,577 | €4,709 | +€1,132 | +31.6% |
| Operating profit (loss) | 9901 | €324 | -€2,323 | -€2,648 | |
| Financial income | 75/76B | €1 | €278 | +€278 | +36,052% |
| Recurring financial income | 75 | €1 | €278 | +€278 | +36,052% |
| Financial charges | 65/66B | €14 | €1,988 | +€1,974 | +14,265% |
| Recurring financial charges | 65 | €14 | €1,988 | +€1,974 | +14,265% |
| Profit (loss) for the period before taxes | 9903 | €311 | -€4,033 | -€4,344 | |
| Income taxes | 67/77 | €80 | €0 | -€80 | -100% |
| Profit (loss) for the period | 9904 | €231 | -€4,033 | -€4,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €231 | -€4,033 | -€4,265 |
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 20 October 2026 via checked.be.