TLVM: 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.
TLVM
Largest movements
- Cash -€4,265
down €4,265 (-9.4%), from €45,242 to €40,977
mainly Net result for the year (-€4,265)
- Profit (loss) carried forward -€4,265
down €4,265 (-63.1%), from -€6,758 to -€11,023
- Gross operating margin +€2,497
up €2,497 (+37.2%), from -€6,707 to -€4,211
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 | €45,242 | €40,977 | -€4,265 | -9.4% |
| Current assets | 29/58 | €45,242 | €40,977 | -€4,265 | -9.4% |
| Cash at bank and in hand | 54/58 | €45,242 | €40,977 | -€4,265 | -9.4% |
| Total equity and liabilities | 10/49 | €45,242 | €40,977 | -€4,265 | -9.4% |
| Equity | 10/15 | €45,242 | €40,977 | -€4,265 | -9.4% |
| Contributions | 10/11 | €52,000 | €52,000 | = | 0.0% |
| Outside capital | 11 | €52,000 | €52,000 | = | 0.0% |
| Other | 1109/19 | €52,000 | €52,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,758 | -€11,023 | -€4,265 | -63.1% |
| Gross operating margin | 9900 | -€6,707 | -€4,211 | +€2,497 | +37.2% |
| Operating profit (loss) | 9901 | -€6,707 | -€4,211 | +€2,497 | +37.2% |
| Financial charges | 65/66B | €51 | €54 | +€3 | +5.9% |
| Recurring financial charges | 65 | €51 | €54 | +€3 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,758 | -€4,265 | +€2,494 | +36.9% |
| Profit (loss) for the period | 9904 | -€6,758 | -€4,265 | +€2,494 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,758 | -€4,265 | +€2,494 | +36.9% |
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 8 October 2026 via checked.be.