TLS Technics: what changed
Two fiscal 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.
TLS Technics
Largest movements
- Receivables after one year +€43,500
new in 2025: €43,500
- Cash +€39,222
up €39,222 (+34.1%), from €115,022 to €154,244
mainly Net result for the year (+€67,341) and Receivables within one year (+€31,850)
- Receivables within one year -€31,850
down €31,850 (-77.1%), from €41,323 to €9,473
of which Trade receivables: -€33,788
- Tangible fixed assets -€22,456
down €22,456 (-29.7%), from €75,591 to €53,135
of which Furniture and vehicles: -€17,369
- Profit (loss) carried forward +€67,341
up €67,341 (+44.0%), from €153,168 to €220,509
- Tax, wage and social debts -€28,099
down €28,099 (-62.0%), from €45,327 to €17,228
- Debts after one year -€8,159
down €8,159 (-43.3%), from €18,849 to €10,691
- Trade debts -€2,833
down €2,833 (-66.4%), from €4,268 to €1,435
- Gross operating margin +€21,488
up €21,488 (+24.3%), from €88,419 to €109,907
- Taxes +€4,446
up €4,446 (+30.4%), from €14,602 to €19,048
- Depreciation +€1,863
up €1,863 (+9.0%), from €20,593 to €22,456
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.
Cash bridge derived
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 | €231,936 | €260,522 | +€28,586 | +12.3% |
| Fixed assets | 21/28 | €75,591 | €53,135 | -€22,456 | -29.7% |
| Tangible fixed assets | 22/27 | €75,591 | €53,135 | -€22,456 | -29.7% |
| Plant, machinery and equipment | 23 | €22,520 | €17,432 | -€5,087 | -22.6% |
| Furniture and vehicles | 24 | €53,071 | €35,702 | -€17,369 | -32.7% |
| Current assets | 29/58 | €156,345 | €207,387 | +€51,042 | +32.6% |
| Amounts receivable after more than one year | 29 | - | €43,500 | +€43,500 | |
| Other amounts receivable | 291 | - | €43,500 | +€43,500 | |
| Amounts receivable within one year | 40/41 | €41,323 | €9,473 | -€31,850 | -77.1% |
| Trade receivables | 40 | €33,818 | €31 | -€33,788 | -99.9% |
| Other amounts receivable | 41 | €7,505 | €9,443 | +€1,938 | +25.8% |
| Cash at bank and in hand | 54/58 | €115,022 | €154,244 | +€39,222 | +34.1% |
| Deferred charges and accrued income | 490/1 | - | €170 | +€170 | |
| Total equity and liabilities | 10/49 | €231,936 | €260,522 | +€28,586 | +12.3% |
| Equity | 10/15 | €155,668 | €223,009 | +€67,341 | +43.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,168 | €220,509 | +€67,341 | +44.0% |
| Amounts payable | 17/49 | €76,268 | €37,513 | -€38,756 | -50.8% |
| Amounts payable after more than one year | 17 | €18,849 | €10,691 | -€8,159 | -43.3% |
| Financial debts | 170/4 | €18,849 | €10,691 | -€8,159 | -43.3% |
| Amounts payable within one year | 42/48 | €57,419 | €26,822 | -€30,597 | -53.3% |
| Current portion of amounts payable after more than one year | 42 | €7,824 | €8,159 | +€335 | +4.3% |
| Trade debts | 44 | €4,268 | €1,435 | -€2,833 | -66.4% |
| Suppliers | 440/4 | €4,268 | €1,435 | -€2,833 | -66.4% |
| Taxes, remuneration and social security | 45 | €45,327 | €17,228 | -€28,099 | -62.0% |
| Taxes | 450/3 | €45,327 | €17,228 | -€28,099 | -62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,593 | €22,456 | +€1,863 | +9.0% |
| Other operating charges | 640/8 | €776 | €878 | +€101 | +13.0% |
| Gross operating margin | 9900 | €88,419 | €109,907 | +€21,488 | +24.3% |
| Operating profit (loss) | 9901 | €67,049 | €86,573 | +€19,524 | +29.1% |
| Financial income | 75/76B | €426 | €1,492 | +€1,066 | +250.6% |
| Recurring financial income | 75 | €426 | €1,492 | +€1,066 | +250.6% |
| Financial charges | 65/66B | €2,061 | €1,675 | -€386 | -18.7% |
| Recurring financial charges | 65 | €2,061 | €1,675 | -€386 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €65,413 | €86,390 | +€20,976 | +32.1% |
| Income taxes | 67/77 | €14,602 | €19,048 | +€4,446 | +30.4% |
| Profit (loss) for the period | 9904 | €50,811 | €67,341 | +€16,530 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €50,811 | €67,341 | +€16,530 | +32.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.