TSJOOZZZ: 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.
TSJOOZZZ
Largest movements
- Cash -€32,545
down €32,545 (-87.5%), from €37,213 to €4,668
mainly Other debts (-€17,253) and Net result for the year (-€15,634)
- Receivables within one year -€11,631
down €11,631 (-49.5%), from €23,516 to €11,885
of which Trade receivables: -€14,626
- Tangible fixed assets +€1,248
up €1,248 (+3.1%), from €40,575 to €41,823
of which Plant, machinery and equipment: +€1,818
- Other debts -€17,253
down €17,253 (-96.9%), from €17,802 to €549
- Profit (loss) carried forward -€15,634
down €15,634, from €6,246 to -€9,388
- Tax, wage and social debts -€5,553
down €5,553 (-63.4%), from €8,753 to €3,200
of which Taxes: -€8,753
- Trade debts -€4,488
no longer reported in 2025 (was €4,488)
- Gross operating margin -€42,889
down €42,889, from €40,603 to -€2,286
- Taxes -€7,948
down €7,948 (-94.1%), from €8,450 to €502
- Depreciation +€4,177
up €4,177 (+51.9%), from €8,051 to €12,228
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 | €101,304 | €58,376 | -€42,928 | -42.4% |
| Fixed assets | 21/28 | €40,575 | €41,823 | +€1,248 | +3.1% |
| Tangible fixed assets | 22/27 | €40,575 | €41,823 | +€1,248 | +3.1% |
| Plant, machinery and equipment | 23 | €6,571 | €8,389 | +€1,818 | +27.7% |
| Furniture and vehicles | 24 | €34,004 | €33,434 | -€570 | -1.7% |
| Current assets | 29/58 | €60,729 | €16,553 | -€44,176 | -72.7% |
| Amounts receivable within one year | 40/41 | €23,516 | €11,885 | -€11,631 | -49.5% |
| Trade receivables | 40 | €19,466 | €4,840 | -€14,626 | -75.1% |
| Other amounts receivable | 41 | €4,050 | €7,045 | +€2,995 | +74.0% |
| Cash at bank and in hand | 54/58 | €37,213 | €4,668 | -€32,545 | -87.5% |
| Total equity and liabilities | 10/49 | €101,304 | €58,376 | -€42,928 | -42.4% |
| Equity | 10/15 | €70,261 | €54,627 | -€15,634 | -22.3% |
| Reserves | 13 | €64,015 | €64,015 | = | 0.0% |
| Distributable reserves | 133 | €64,015 | €64,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,246 | -€9,388 | -€15,634 | |
| Amounts payable | 17/49 | €31,043 | €3,749 | -€27,294 | -87.9% |
| Amounts payable within one year | 42/48 | €31,043 | €3,749 | -€27,294 | -87.9% |
| Trade debts | 44 | €4,488 | - | -€4,488 | |
| Suppliers | 440/4 | €4,488 | - | -€4,488 | |
| Taxes, remuneration and social security | 45 | €8,753 | €3,200 | -€5,553 | -63.4% |
| Taxes | 450/3 | €8,753 | - | -€8,753 | |
| Remuneration and social security | 454/9 | - | €3,200 | +€3,200 | |
| Other amounts payable | 47/48 | €17,802 | €549 | -€17,253 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,051 | €12,228 | +€4,177 | +51.9% |
| Other operating charges | 640/8 | €141 | €546 | +€405 | +287% |
| Gross operating margin | 9900 | €40,603 | -€2,286 | -€42,889 | |
| Operating profit (loss) | 9901 | €32,411 | -€15,060 | -€47,471 | |
| Financial charges | 65/66B | €68 | €72 | +€4 | +5.9% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €32,343 | -€15,132 | -€47,475 | |
| Income taxes | 67/77 | €8,450 | €502 | -€7,948 | -94.1% |
| Profit (loss) for the period | 9904 | €23,893 | -€15,634 | -€39,527 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,893 | -€15,634 | -€39,527 |
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 25 October 2026 via checked.be.