TST CONSULT: 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.
TST CONSULT
Largest movements
- Cash -€8,536
down €8,536 (-50.8%), from €16,812 to €8,277
mainly Net result for the year (-€10,967) and Investment in fixed assets (net) (-€625)
- Tangible fixed assets -€248
down €248 (-7.7%), from €3,232 to €2,983
of which Plant, machinery and equipment: -€700
- Profit (loss) carried forward -€10,967
down €10,967 (-91.3%), from €12,011 to €1,044
- Trade debts +€2,311
up €2,311 (+131.8%), from €1,754 to €4,065
- Other debts -€317
down €317 (-48.7%), from €651 to €334
- Gross operating margin -€31,563
down €31,563, from €21,512 to -€10,050
- Taxes -€3,016
no longer reported in 2025 (was €3,016)
- Depreciation +€606
up €606 (+226.0%), from €268 to €874
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 | €20,432 | €11,459 | -€8,973 | -43.9% |
| Fixed assets | 21/28 | €3,232 | €2,983 | -€248 | -7.7% |
| Tangible fixed assets | 22/27 | €3,232 | €2,983 | -€248 | -7.7% |
| Plant, machinery and equipment | 23 | €3,232 | €2,532 | -€700 | -21.7% |
| Furniture and vehicles | 24 | - | €452 | +€452 | |
| Current assets | 29/58 | €17,200 | €8,476 | -€8,724 | -50.7% |
| Amounts receivable within one year | 40/41 | €388 | €199 | -€189 | -48.7% |
| Other amounts receivable | 41 | €388 | €199 | -€189 | -48.7% |
| Cash at bank and in hand | 54/58 | €16,812 | €8,277 | -€8,536 | -50.8% |
| Total equity and liabilities | 10/49 | €20,432 | €11,459 | -€8,973 | -43.9% |
| Equity | 10/15 | €15,011 | €4,044 | -€10,967 | -73.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,011 | €1,044 | -€10,967 | -91.3% |
| Amounts payable | 17/49 | €5,421 | €7,415 | +€1,994 | +36.8% |
| Amounts payable within one year | 42/48 | €5,421 | €7,415 | +€1,994 | +36.8% |
| Trade debts | 44 | €1,754 | €4,065 | +€2,311 | +131.8% |
| Suppliers | 440/4 | €1,754 | €4,065 | +€2,311 | +131.8% |
| Taxes, remuneration and social security | 45 | €3,016 | €3,016 | = | 0.0% |
| Taxes | 450/3 | €3,016 | €3,016 | = | 0.0% |
| Other amounts payable | 47/48 | €651 | €334 | -€317 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €874 | +€606 | +226.0% |
| Other operating charges | 640/8 | €107 | - | -€107 | |
| Gross operating margin | 9900 | €21,512 | -€10,050 | -€31,563 | |
| Operating profit (loss) | 9901 | €21,138 | -€10,924 | -€32,062 | |
| Financial charges | 65/66B | €116 | €43 | -€73 | -62.9% |
| Recurring financial charges | 65 | €116 | €43 | -€73 | -62.9% |
| Profit (loss) for the period before taxes | 9903 | €21,022 | -€10,967 | -€31,989 | |
| Income taxes | 67/77 | €3,016 | - | -€3,016 | |
| Profit (loss) for the period | 9904 | €18,006 | -€10,967 | -€28,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,006 | -€10,967 | -€28,973 |
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 5 October 2026 via checked.be.