TL SOINS: 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 SOINS
Largest movements
- Receivables within one year +€25,306
up €25,306 (+18.9%), from €133,558 to €158,863
of which Other amounts receivable: +€35,848
- Cash -€17,923
down €17,923 (-89.1%), from €20,121 to €2,198
mainly Net result for the year (-€27,166) and Receivables within one year (-€25,306)
- Tangible fixed assets -€7,064
down €7,064 (-32.1%), from €21,990 to €14,926
of which Plant, machinery and equipment: -€6,159
- Other debts +€27,202
up €27,202 (+868%), from €3,135 to €30,337
- Profit (loss) carried forward -€27,166
down €27,166 (-21.7%), from €125,301 to €98,134
- Gross operating margin -€201,796
down €201,796, from €185,528 to -€16,268
- Purchases and services +€179,047
new in 2025: €179,047
- Turnover +€146,230
new in 2025: €146,230
- Taxes -€39,416
down €39,416 (-98.9%), from €39,851 to €435
- Depreciation -€3,662
down €3,662 (-35.9%), from €10,208 to €6,546
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 | €175,669 | €175,988 | +€319 | +0.2% |
| Fixed assets | 21/28 | €21,990 | €14,926 | -€7,064 | -32.1% |
| Tangible fixed assets | 22/27 | €21,990 | €14,926 | -€7,064 | -32.1% |
| Plant, machinery and equipment | 23 | €21,085 | €14,926 | -€6,159 | -29.2% |
| Furniture and vehicles | 24 | €905 | €0 | -€905 | -100% |
| Current assets | 29/58 | €153,679 | €161,062 | +€7,383 | +4.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €133,558 | €158,863 | +€25,306 | +18.9% |
| Trade receivables | 40 | €19,070 | €8,529 | -€10,542 | -55.3% |
| Other amounts receivable | 41 | €114,487 | €150,335 | +€35,848 | +31.3% |
| Cash at bank and in hand | 54/58 | €20,121 | €2,198 | -€17,923 | -89.1% |
| Total equity and liabilities | 10/49 | €175,669 | €175,988 | +€319 | +0.2% |
| Equity | 10/15 | €127,301 | €100,134 | -€27,166 | -21.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €125,301 | €98,134 | -€27,166 | -21.7% |
| Amounts payable | 17/49 | €48,368 | €75,854 | +€27,485 | +56.8% |
| Amounts payable within one year | 42/48 | €47,868 | €75,854 | +€27,985 | +58.5% |
| Trade debts | 44 | €1,019 | €1,728 | +€709 | +69.6% |
| Suppliers | 440/4 | €1,019 | €1,728 | +€709 | +69.6% |
| Taxes, remuneration and social security | 45 | €43,714 | €43,789 | +€75 | +0.2% |
| Taxes | 450/3 | €43,669 | €40,273 | -€3,396 | -7.8% |
| Remuneration and social security | 454/9 | €45 | €3,515 | +€3,470 | +7,691% |
| Other amounts payable | 47/48 | €3,135 | €30,337 | +€27,202 | +868% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Turnover | 70 | - | €146,230 | +€146,230 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €179,047 | +€179,047 | |
| Remuneration, social security and pensions | 62 | €0 | €161 | +€161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,208 | €6,546 | -€3,662 | -35.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,397 | - | -€3,397 | |
| Other operating charges | 640/8 | €6,672 | €3,328 | -€3,343 | -50.1% |
| Gross operating margin | 9900 | €185,528 | -€16,268 | -€201,796 | |
| Operating profit (loss) | 9901 | €165,251 | -€26,304 | -€191,555 | |
| Financial charges | 65/66B | €100 | €428 | +€328 | +329% |
| Recurring financial charges | 65 | €100 | €428 | +€328 | +329% |
| Profit (loss) for the period before taxes | 9903 | €165,151 | -€26,731 | -€191,883 | |
| Income taxes | 67/77 | €39,851 | €435 | -€39,416 | -98.9% |
| Profit (loss) for the period | 9904 | €125,301 | -€27,166 | -€152,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €125,301 | -€27,166 | -€152,467 |
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 15 October 2026 via checked.be.