TSDE: 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.
TSDE
Largest movements
- Cash +€327
up €327 (+48.5%), from €674 to €1,001
mainly Other debts (+€1,700)
- Other debts +€1,700
up €1,700 (+89.5%), from €1,900 to €3,600
- Profit (loss) carried forward -€1,373
down €1,373 (-32.5%), from -€4,226 to -€5,599
- Other operating charges -€121
down €121 (-20.6%), from €586 to €465
- Gross operating margin +€64
up €64 (+6.6%), from -€971 to -€908
- Financial charges -€58
no longer reported in 2025 (was €58)
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 | €674 | €1,001 | +€327 | +48.5% |
| Current assets | 29/58 | €674 | €1,001 | +€327 | +48.5% |
| Cash at bank and in hand | 54/58 | €674 | €1,001 | +€327 | +48.5% |
| Total equity and liabilities | 10/49 | €674 | €1,001 | +€327 | +48.5% |
| Equity | 10/15 | -€1,226 | -€2,599 | -€1,373 | -112.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,226 | -€5,599 | -€1,373 | -32.5% |
| Amounts payable | 17/49 | €1,900 | €3,600 | +€1,700 | +89.5% |
| Amounts payable within one year | 42/48 | €1,900 | €3,600 | +€1,700 | +89.5% |
| Other amounts payable | 47/48 | €1,900 | €3,600 | +€1,700 | +89.5% |
| Other operating charges | 640/8 | €586 | €465 | -€121 | -20.6% |
| Gross operating margin | 9900 | -€971 | -€908 | +€64 | +6.6% |
| Operating profit (loss) | 9901 | -€1,558 | -€1,373 | +€185 | +11.9% |
| Financial charges | 65/66B | €58 | - | -€58 | |
| Recurring financial charges | 65 | €58 | - | -€58 | |
| Profit (loss) for the period before taxes | 9903 | -€1,616 | -€1,373 | +€243 | +15.0% |
| Profit (loss) for the period | 9904 | -€1,616 | -€1,373 | +€243 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,616 | -€1,373 | +€243 | +15.0% |
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 12 October 2026 via checked.be.