TS EXPERTS: 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 EXPERTS
Largest movements
- Cash -€2,969
down €2,969 (-96.4%), from €3,081 to €112
mainly Net result for the year (-€33,074) and Receivables within one year (-€1,470)
- Tangible fixed assets -€1,956
down €1,956 (-36.3%), from €5,391 to €3,435
- Receivables within one year +€1,470
up €1,470 (+155.7%), from €944 to €2,413
of which Other amounts receivable: +€1,285
- Profit (loss) carried forward -€33,074
down €33,074 (-22.7%), from -€145,799 to -€178,873
- Other debts +€29,888
up €29,888 (+22.2%), from €134,532 to €164,420
- Trade debts -€273
no longer reported in 2025 (was €273)
- Gross operating margin -€1,104
down €1,104 (-3.8%), from -€29,410 to -€30,514
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 | €9,416 | €5,961 | -€3,456 | -36.7% |
| Fixed assets | 21/28 | €5,391 | €3,435 | -€1,956 | -36.3% |
| Tangible fixed assets | 22/27 | €5,391 | €3,435 | -€1,956 | -36.3% |
| Furniture and vehicles | 24 | €5,391 | €3,435 | -€1,956 | -36.3% |
| Current assets | 29/58 | €4,025 | €2,526 | -€1,499 | -37.3% |
| Amounts receivable within one year | 40/41 | €944 | €2,413 | +€1,470 | +155.7% |
| Trade receivables | 40 | - | €184 | +€184 | |
| Other amounts receivable | 41 | €944 | €2,229 | +€1,285 | +136.2% |
| Cash at bank and in hand | 54/58 | €3,081 | €112 | -€2,969 | -96.4% |
| Total equity and liabilities | 10/49 | €9,416 | €5,961 | -€3,456 | -36.7% |
| Equity | 10/15 | -€127,199 | -€160,273 | -€33,074 | -26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,799 | -€178,873 | -€33,074 | -22.7% |
| Amounts payable | 17/49 | €136,615 | €166,233 | +€29,618 | +21.7% |
| Amounts payable within one year | 42/48 | €136,615 | €166,233 | +€29,618 | +21.7% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €273 | - | -€273 | |
| Suppliers | 440/4 | €273 | - | -€273 | |
| Taxes, remuneration and social security | 45 | €1,810 | €1,810 | = | 0.0% |
| Taxes | 450/3 | €1,810 | €1,810 | = | 0.0% |
| Other amounts payable | 47/48 | €134,532 | €164,420 | +€29,888 | +22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,151 | €1,956 | -€195 | -9.1% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€29,410 | -€30,514 | -€1,104 | -3.8% |
| Operating profit (loss) | 9901 | -€31,945 | -€32,857 | -€912 | -2.9% |
| Financial charges | 65/66B | €213 | €216 | +€4 | +1.7% |
| Recurring financial charges | 65 | €213 | €216 | +€4 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€32,158 | -€33,074 | -€916 | -2.8% |
| Profit (loss) for the period | 9904 | -€32,158 | -€33,074 | -€916 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,158 | -€33,074 | -€916 | -2.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.