TL BUSINESS: 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.
TL BUSINESS
Largest movements
- Receivables within one year +€26,813
up €26,813 (+569%), from €4,715 to €31,527
of which Other amounts receivable: +€14,734
- Profit (loss) carried forward +€54,180
up €54,180, from -€28,488 to €25,692
- Other debts -€17,996
no longer reported in 2025 (was €17,996)
- Trade debts -€9,300
down €9,300 (-99.0%), from €9,398 to €98
- Gross operating margin +€83,615
up €83,615, from -€27,637 to €55,978
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 | €4,906 | €31,790 | +€26,884 | +548% |
| Current assets | 29/58 | €4,906 | €31,790 | +€26,884 | +548% |
| Stocks and contracts in progress | 3 | €28 | - | -€28 | |
| Stocks | 30/36 | €28 | - | -€28 | |
| Amounts receivable within one year | 40/41 | €4,715 | €31,527 | +€26,813 | +569% |
| Trade receivables | 40 | - | €12,078 | +€12,078 | |
| Other amounts receivable | 41 | €4,715 | €19,449 | +€14,734 | +313% |
| Cash at bank and in hand | 54/58 | €163 | €262 | +€99 | +61.1% |
| Total equity and liabilities | 10/49 | €4,906 | €31,790 | +€26,884 | +548% |
| Equity | 10/15 | -€22,488 | €31,692 | +€54,180 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,488 | €25,692 | +€54,180 | |
| Amounts payable | 17/49 | €27,394 | €98 | -€27,296 | -99.6% |
| Amounts payable within one year | 42/48 | €27,394 | €98 | -€27,296 | -99.6% |
| Trade debts | 44 | €9,398 | €98 | -€9,300 | -99.0% |
| Suppliers | 440/4 | €9,398 | €98 | -€9,300 | -99.0% |
| Other amounts payable | 47/48 | €17,996 | - | -€17,996 | |
| Other operating charges | 640/8 | €1,482 | €1,349 | -€133 | -9.0% |
| Gross operating margin | 9900 | -€27,637 | €55,978 | +€83,615 | |
| Operating profit (loss) | 9901 | -€29,120 | €54,628 | +€83,748 | |
| Financial charges | 65/66B | €179 | €448 | +€270 | +151% |
| Recurring financial charges | 65 | €179 | €448 | +€270 | +151% |
| Profit (loss) for the period before taxes | 9903 | -€29,298 | €54,180 | +€83,478 | |
| Profit (loss) for the period | 9904 | -€29,298 | €54,180 | +€83,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,298 | €54,180 | +€83,478 |
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 27 October 2026 via checked.be.