TLAY WAY: 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.
TLAY WAY
Largest movements
- Tangible fixed assets -€5,188
down €5,188 (-24.6%), from €21,062 to €15,874
- Receivables within one year +€4,080
up €4,080 (+45.1%), from €9,045 to €13,125
of which Trade receivables: +€3,161
- Cash -€913
down €913 (-41.4%), from €2,208 to €1,295
mainly Receivables within one year (-€4,080) and Debts after one year (-€3,369)
- Debts after one year -€3,369
down €3,369 (-28.3%), from €11,885 to €8,516
- Other debts +€1,496
up €1,496 (+45.3%), from €3,307 to €4,803
- Trade debts -€774
down €774 (-48.5%), from €1,597 to €823
- Profit (loss) carried forward +€626
up €626 (+29.0%), from €2,157 to €2,783
- Turnover -€10,373
down €10,373 (-23.8%), from €43,617 to €33,244
- Purchases and services -€9,925
down €9,925 (-27.8%), from €35,715 to €25,790
- Other operating charges +€835
up €835 (+166%), from €502 to €1,337
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 | €32,315 | €30,294 | -€2,021 | -6.3% |
| Fixed assets | 21/28 | €21,062 | €15,874 | -€5,188 | -24.6% |
| Tangible fixed assets | 22/27 | €21,062 | €15,874 | -€5,188 | -24.6% |
| Furniture and vehicles | 24 | €21,062 | €15,874 | -€5,188 | -24.6% |
| Current assets | 29/58 | €11,253 | €14,419 | +€3,167 | +28.1% |
| Amounts receivable within one year | 40/41 | €9,045 | €13,125 | +€4,080 | +45.1% |
| Trade receivables | 40 | €5,814 | €8,975 | +€3,161 | +54.4% |
| Other amounts receivable | 41 | €3,230 | €4,150 | +€919 | +28.5% |
| Cash at bank and in hand | 54/58 | €2,208 | €1,295 | -€913 | -41.4% |
| Total equity and liabilities | 10/49 | €32,315 | €30,294 | -€2,021 | -6.3% |
| Equity | 10/15 | €12,157 | €12,783 | +€626 | +5.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Contributions outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,157 | €2,783 | +€626 | +29.0% |
| Amounts payable | 17/49 | €20,158 | €17,511 | -€2,647 | -13.1% |
| Amounts payable after more than one year | 17 | €11,885 | €8,516 | -€3,369 | -28.3% |
| Financial debts | 170/4 | €11,885 | €8,516 | -€3,369 | -28.3% |
| Amounts payable within one year | 42/48 | €8,273 | €8,995 | +€722 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €3,369 | €3,369 | = | 0.0% |
| Trade debts | 44 | €1,597 | €823 | -€774 | -48.5% |
| Suppliers | 440/4 | €1,597 | €823 | -€774 | -48.5% |
| Other amounts payable | 47/48 | €3,307 | €4,803 | +€1,496 | +45.3% |
| Turnover | 70 | €43,617 | €33,244 | -€10,373 | -23.8% |
| Non-recurring operating income | 76A | - | €1,057 | +€1,057 | |
| Goods, raw materials, services and sundry goods | 60/61 | €35,715 | €25,790 | -€9,925 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,876 | €5,188 | +€312 | +6.4% |
| Other operating charges | 640/8 | €502 | €1,337 | +€835 | +166% |
| Gross operating margin | 9900 | €8,597 | €8,510 | -€86 | -1.0% |
| Operating profit (loss) | 9901 | €3,219 | €1,986 | -€1,233 | -38.3% |
| Financial charges | 65/66B | €1,062 | €1,360 | +€298 | +28.0% |
| Recurring financial charges | 65 | €1,062 | €1,360 | +€298 | +28.0% |
| Profit (loss) for the period before taxes | 9903 | €2,157 | €626 | -€1,531 | -71.0% |
| Profit (loss) for the period | 9904 | €2,157 | €626 | -€1,531 | -71.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,157 | €626 | -€1,531 | -71.0% |
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 14 October 2026 via checked.be.