TLSV: 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.
TLSV
Largest movements
- Receivables within one year -€52
no longer reported in 2025 (was €52)
- Profit (loss) carried forward -€534
down €534 (-12.8%), from -€4,161 to -€4,694
- Other debts +€510
up €510 (+19.0%), from €2,684 to €3,194
- Trade debts -€29
no longer reported in 2025 (was €29)
- Gross operating margin +€690
up €690 (+62.4%), from -€1,106 to -€416
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52 | - | -€52 | |
| Current assets | 29/58 | €52 | - | -€52 | |
| Amounts receivable within one year | 40/41 | €52 | - | -€52 | |
| Other amounts receivable | 41 | €52 | - | -€52 | |
| Total equity and liabilities | 10/49 | €52 | - | -€52 | |
| Equity | 10/15 | -€2,661 | -€3,194 | -€534 | -20.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,161 | -€4,694 | -€534 | -12.8% |
| Amounts payable | 17/49 | €2,712 | €3,194 | +€482 | +17.8% |
| Amounts payable within one year | 42/48 | €2,712 | €3,194 | +€482 | +17.8% |
| Trade debts | 44 | €29 | - | -€29 | |
| Suppliers | 440/4 | €29 | - | -€29 | |
| Other amounts payable | 47/48 | €2,684 | €3,194 | +€510 | +19.0% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Non-recurring operating charges | 66A | - | €52 | +€52 | |
| Gross operating margin | 9900 | -€1,106 | -€416 | +€690 | +62.4% |
| Operating profit (loss) | 9901 | -€1,170 | -€534 | +€636 | +54.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,170 | -€534 | +€636 | +54.4% |
| Profit (loss) for the period | 9904 | -€1,170 | -€534 | +€636 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,170 | -€534 | +€636 | +54.4% |
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 12 October 2026 via checked.be.