TNG Solutions: 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.
TNG Solutions
Largest movements
- Tangible fixed assets +€390,861
up €390,861 (+114%), from €342,559 to €733,419
of which Land and buildings: +€410,839
- Receivables within one year -€54,973
down €54,973 (-91.9%), from €59,830 to €4,857
of which Trade receivables: -€48,182
- Cash -€18,611
down €18,611 (-7.0%), from €265,572 to €246,961
mainly Investment in fixed assets (net) (-€431,450) and Contributions, distributions and other (-€250,000)
- Other debts +€355,515
up €355,515 (+70,030%), from €508 to €356,023
- Reserves -€225,689
down €225,689 (-44.6%), from €506,052 to €280,363
- Debts after one year +€141,585
up €141,585 (+126%), from €112,091 to €253,676
- Tax, wage and social debts +€33,034
up €33,034 (+1,091%), from €3,027 to €36,061
of which Taxes: +€35,534
- Gross operating margin -€101,214
down €101,214 (-55.1%), from €183,607 to €82,393
- Taxes -€28,343
down €28,343 (-73.6%), from €38,526 to €10,183
- Depreciation +€21,492
up €21,492 (+113%), from €19,097 to €40,589
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 | €671,227 | €986,885 | +€315,658 | +47.0% |
| Fixed assets | 21/28 | €342,559 | €733,419 | +€390,861 | +114% |
| Tangible fixed assets | 22/27 | €342,559 | €733,419 | +€390,861 | +114% |
| Land and buildings | 22 | €225,807 | €636,646 | +€410,839 | +182% |
| Plant, machinery and equipment | 23 | €2,307 | €3,579 | +€1,272 | +55.1% |
| Furniture and vehicles | 24 | €86,795 | €69,300 | -€17,495 | -20.2% |
| Other tangible fixed assets | 26 | €27,650 | €23,895 | -€3,755 | -13.6% |
| Current assets | 29/58 | €328,668 | €253,465 | -€75,203 | -22.9% |
| Amounts receivable within one year | 40/41 | €59,830 | €4,857 | -€54,973 | -91.9% |
| Trade receivables | 40 | €48,222 | €40 | -€48,182 | -99.9% |
| Other amounts receivable | 41 | €11,608 | €4,817 | -€6,791 | -58.5% |
| Cash at bank and in hand | 54/58 | €265,572 | €246,961 | -€18,611 | -7.0% |
| Deferred charges and accrued income | 490/1 | €3,266 | €1,648 | -€1,619 | -49.6% |
| Total equity and liabilities | 10/49 | €671,227 | €986,885 | +€315,658 | +47.0% |
| Equity | 10/15 | €524,652 | €298,963 | -€225,689 | -43.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €506,052 | €280,363 | -€225,689 | -44.6% |
| Distributable reserves | 133 | €506,052 | €280,363 | -€225,689 | -44.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €146,575 | €687,922 | +€541,347 | +369% |
| Amounts payable after more than one year | 17 | €112,091 | €253,676 | +€141,585 | +126% |
| Financial debts | 170/4 | €112,091 | €253,676 | +€141,585 | +126% |
| Amounts payable within one year | 42/48 | €34,484 | €434,246 | +€399,762 | +1,159% |
| Current portion of amounts payable after more than one year | 42 | €27,581 | €36,068 | +€8,487 | +30.8% |
| Financial debts | 43 | €1,301 | €3,157 | +€1,856 | +143% |
| Credit institutions | 430/8 | €1,301 | €0 | -€1,301 | -100% |
| Other loans | 439 | - | €3,157 | +€3,157 | |
| Trade debts | 44 | €2,067 | €2,938 | +€871 | +42.1% |
| Suppliers | 440/4 | €2,067 | €2,938 | +€871 | +42.1% |
| Taxes, remuneration and social security | 45 | €3,027 | €36,061 | +€33,034 | +1,091% |
| Taxes | 450/3 | €527 | €36,061 | +€35,534 | +6,746% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts payable | 47/48 | €508 | €356,023 | +€355,515 | +70,030% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,097 | €40,589 | +€21,492 | +113% |
| Other operating charges | 640/8 | €1,779 | €2,840 | +€1,061 | +59.6% |
| Gross operating margin | 9900 | €183,607 | €82,393 | -€101,214 | -55.1% |
| Operating profit (loss) | 9901 | €162,731 | €38,963 | -€123,768 | -76.1% |
| Financial income | 75/76B | €5 | €1 | -€4 | -72.6% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -72.6% |
| Financial charges | 65/66B | €2,759 | €4,471 | +€1,712 | +62.0% |
| Recurring financial charges | 65 | €2,759 | €4,471 | +€1,712 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €159,977 | €34,494 | -€125,483 | -78.4% |
| Income taxes | 67/77 | €38,526 | €10,183 | -€28,343 | -73.6% |
| Profit (loss) for the period | 9904 | €121,451 | €24,311 | -€97,140 | -80.0% |
| Profit (loss) for the period to be appropriated | 9905 | €121,451 | €24,311 | -€97,140 | -80.0% |
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 21 October 2026 via checked.be.