TS ADVICE: 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 ADVICE
Largest movements
- Cash +€67,842
up €67,842 (+51.0%), from €132,957 to €200,799
mainly Other debts (+€99,604) and Net result for the year (+€65,924)
- Deferred charges and accrued income -€3,105
down €3,105 (-25.0%), from €12,406 to €9,301
- Other debts +€99,604
up €99,604 (+3483.9%), from €2,859 to €102,463
- Profit (loss) carried forward -€52,556
down €52,556 (-36.5%), from €143,979 to €91,423
- Tax, wage and social debts +€18,139
up €18,139 (+121.1%), from €14,981 to €33,120
of which Taxes: +€18,139
- Gross operating margin -€4,776
down €4,776 (-5.2%), from €91,690 to €86,914
- Taxes -€1,007
down €1,007 (-5.5%), from €18,240 to €17,233
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 | €166,105 | €230,230 | +€64,125 | +38.6% |
| Fixed assets | 21/28 | €2,592 | €1,605 | -€987 | -38.1% |
| Tangible fixed assets | 22/27 | €2,192 | €1,205 | -€987 | -45.0% |
| Furniture and vehicles | 24 | €2,192 | €1,205 | -€987 | -45.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €163,513 | €228,625 | +€65,112 | +39.8% |
| Amounts receivable within one year | 40/41 | €18,150 | €18,525 | +€375 | +2.1% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | - | €375 | +€375 | |
| Cash at bank and in hand | 54/58 | €132,957 | €200,799 | +€67,842 | +51.0% |
| Deferred charges and accrued income | 490/1 | €12,406 | €9,301 | -€3,105 | -25.0% |
| Total equity and liabilities | 10/49 | €166,105 | €230,230 | +€64,125 | +38.6% |
| Equity | 10/15 | €146,979 | €94,423 | -€52,556 | -35.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,979 | €91,423 | -€52,556 | -36.5% |
| Amounts payable | 17/49 | €19,127 | €135,807 | +€116,680 | +610.0% |
| Amounts payable within one year | 42/48 | €19,082 | €135,807 | +€116,725 | +611.7% |
| Trade debts | 44 | €1,242 | €224 | -€1,018 | -82.0% |
| Suppliers | 440/4 | €1,242 | €224 | -€1,018 | -82.0% |
| Taxes, remuneration and social security | 45 | €14,981 | €33,120 | +€18,139 | +121.1% |
| Taxes | 450/3 | €14,981 | €33,120 | +€18,139 | +121.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,859 | €102,463 | +€99,604 | +3483.9% |
| Accrued charges and deferred income | 492/3 | €45 | - | -€45 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €987 | +€218 | +28.3% |
| Other operating charges | 640/8 | €64 | €484 | +€420 | +658.6% |
| Gross operating margin | 9900 | €91,690 | €86,914 | -€4,776 | -5.2% |
| Operating profit (loss) | 9901 | €90,857 | €85,443 | -€5,414 | -6.0% |
| Financial income | 75/76B | €261 | €360 | +€99 | +38.0% |
| Recurring financial income | 75 | €261 | €360 | +€99 | +38.0% |
| Financial charges | 65/66B | €3,095 | €2,646 | -€449 | -14.5% |
| Recurring financial charges | 65 | €3,095 | €2,646 | -€449 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €88,023 | €83,157 | -€4,866 | -5.5% |
| Income taxes | 67/77 | €18,240 | €17,233 | -€1,007 | -5.5% |
| Profit (loss) for the period | 9904 | €69,783 | €65,924 | -€3,859 | -5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,783 | €65,924 | -€3,859 | -5.5% |
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 4 October 2026 via checked.be.