TS Events: 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.
TS Events
Largest movements
- Cash +€8,822
up €8,822 (+28.0%), from €31,497 to €40,320
mainly Net result for the year (+€15,185) and Receivables within one year (+€7,028)
- Receivables within one year -€7,028
down €7,028 (-73.6%), from €9,548 to €2,520
of which Trade receivables: -€7,028
- Tangible fixed assets +€1,657
up €1,657 (+24.7%), from €6,713 to €8,371
of which Plant, machinery and equipment: +€2,719
- Reserves +€15,185
up €15,185 (+86.2%), from €17,614 to €32,799
- Other debts -€11,893
down €11,893 (-73.0%), from €16,287 to €4,394
- Gross operating margin +€13,732
up €13,732 (+103%), from €13,355 to €27,087
- Depreciation +€1,619
up €1,619 (+71.1%), from €2,276 to €3,895
- Taxes +€1,575
up €1,575 (+35.1%), from €4,482 to €6,057
- Financial income -€707
down €707 (-100.0%), from €707 to €0
- Financial charges +€691
up €691 (+86.7%), from €797 to €1,488
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 | €48,683 | €51,954 | +€3,271 | +6.7% |
| Fixed assets | 21/28 | €6,713 | €8,371 | +€1,657 | +24.7% |
| Tangible fixed assets | 22/27 | €6,713 | €8,371 | +€1,657 | +24.7% |
| Plant, machinery and equipment | 23 | €5,046 | €7,766 | +€2,719 | +53.9% |
| Furniture and vehicles | 24 | €1,667 | €605 | -€1,062 | -63.7% |
| Current assets | 29/58 | €41,969 | €43,584 | +€1,614 | +3.8% |
| Stocks and contracts in progress | 3 | €924 | €743 | -€181 | -19.6% |
| Stocks | 30/36 | €924 | €743 | -€181 | -19.6% |
| Amounts receivable within one year | 40/41 | €9,548 | €2,520 | -€7,028 | -73.6% |
| Trade receivables | 40 | €7,028 | - | -€7,028 | |
| Other amounts receivable | 41 | €2,520 | €2,520 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €31,497 | €40,320 | +€8,822 | +28.0% |
| Total equity and liabilities | 10/49 | €48,683 | €51,954 | +€3,271 | +6.7% |
| Equity | 10/15 | €20,956 | €36,141 | +€15,185 | +72.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €17,614 | €32,799 | +€15,185 | +86.2% |
| Distributable reserves | 133 | €17,614 | €32,799 | +€15,185 | +86.2% |
| Profit (loss) carried forward | 14 | €1,842 | €1,842 | = | 0.0% |
| Amounts payable | 17/49 | €27,727 | €15,814 | -€11,914 | -43.0% |
| Amounts payable within one year | 42/48 | €27,727 | €15,814 | -€11,914 | -43.0% |
| Trade debts | 44 | €5,627 | €5,463 | -€164 | -2.9% |
| Suppliers | 440/4 | €5,627 | €5,463 | -€164 | -2.9% |
| Taxes, remuneration and social security | 45 | €5,813 | €5,957 | +€144 | +2.5% |
| Taxes | 450/3 | €5,813 | €5,957 | +€144 | +2.5% |
| Other amounts payable | 47/48 | €16,287 | €4,394 | -€11,893 | -73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,276 | €3,895 | +€1,619 | +71.1% |
| Other operating charges | 640/8 | €613 | €462 | -€151 | -24.6% |
| Gross operating margin | 9900 | €13,355 | €27,087 | +€13,732 | +103% |
| Operating profit (loss) | 9901 | €10,466 | €22,730 | +€12,264 | +117% |
| Financial income | 75/76B | €707 | €0 | -€707 | -100.0% |
| Recurring financial income | 75 | €707 | €0 | -€707 | -100.0% |
| Financial charges | 65/66B | €797 | €1,488 | +€691 | +86.7% |
| Recurring financial charges | 65 | €797 | €1,488 | +€691 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €10,376 | €21,242 | +€10,866 | +105% |
| Income taxes | 67/77 | €4,482 | €6,057 | +€1,575 | +35.1% |
| Profit (loss) for the period | 9904 | €5,894 | €15,185 | +€9,291 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €5,894 | €15,185 | +€9,291 | +158% |
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.