TS-244: 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.
TS-244
Largest movements
- Receivables within one year -€145,050
down €145,050 (-98.2%), from €147,682 to €2,632
of which Trade receivables: -€143,040
- Cash +€2,563
up €2,563 (+104.8%), from €2,447 to €5,010
mainly Receivables within one year (+€145,050) and Tax, wage and social debts (+€7,808)
- Other debts -€138,000
down €138,000 (-83.5%), from €165,200 to €27,200
- Profit (loss) carried forward -€7,808
down €7,808 (-22.7%), from -€34,440 to -€42,248
- Tax, wage and social debts +€7,808
up €7,808, from €0 to €7,808
of which Taxes: +€7,808
- Trade debts -€4,150
down €4,150 (-44.3%), from €9,368 to €5,218
- Purchases and services -€188,618
down €188,618 (-96.4%), from €195,743 to €7,125
- Turnover -€98,432
down €98,432 (-100.0%), from €98,432 to €0
- Gross operating margin -€46,581
down €46,581 (-96.4%), from €48,296 to €1,715
- Staff costs -€36,359
down €36,359 (-100.0%), from €36,359 to €0
- Taxes +€7,808
new in 2025: €7,808
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 | €150,129 | €7,978 | -€142,150 | -94.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €150,129 | €7,978 | -€142,150 | -94.7% |
| Amounts receivable within one year | 40/41 | €147,682 | €2,632 | -€145,050 | -98.2% |
| Trade receivables | 40 | €144,886 | €1,845 | -€143,040 | -98.7% |
| Other amounts receivable | 41 | €2,796 | €786 | -€2,010 | -71.9% |
| Cash at bank and in hand | 54/58 | €2,447 | €5,010 | +€2,563 | +104.8% |
| Deferred charges and accrued income | 490/1 | €0 | €337 | +€337 | |
| Total equity and liabilities | 10/49 | €150,129 | €7,978 | -€142,150 | -94.7% |
| Equity | 10/15 | -€24,440 | -€32,248 | -€7,808 | -31.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,440 | -€42,248 | -€7,808 | -22.7% |
| Amounts payable | 17/49 | €174,568 | €40,226 | -€134,342 | -77.0% |
| Amounts payable within one year | 42/48 | €174,568 | €40,226 | -€134,342 | -77.0% |
| Trade debts | 44 | €9,368 | €5,218 | -€4,150 | -44.3% |
| Suppliers | 440/4 | €9,368 | €5,218 | -€4,150 | -44.3% |
| Taxes, remuneration and social security | 45 | €0 | €7,808 | +€7,808 | |
| Taxes | 450/3 | €0 | €7,808 | +€7,808 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €165,200 | €27,200 | -€138,000 | -83.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €98,432 | €0 | -€98,432 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €195,743 | €7,125 | -€188,618 | -96.4% |
| Remuneration, social security and pensions | 62 | €36,359 | €0 | -€36,359 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €7,583 | €640 | -€6,943 | -91.6% |
| Gross operating margin | 9900 | €48,296 | €1,715 | -€46,581 | -96.4% |
| Operating profit (loss) | 9901 | €4,354 | €1,076 | -€3,279 | -75.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,529 | €1,076 | -€454 | -29.7% |
| Recurring financial charges | 65 | €1,529 | €1,076 | -€454 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €2,825 | -€0 | -€2,825 | |
| Income taxes | 67/77 | - | €7,808 | +€7,808 | |
| Profit (loss) for the period | 9904 | €2,825 | -€7,808 | -€10,633 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,825 | -€7,808 | -€10,633 |
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 7 October 2026 via checked.be.