TT 12: 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.
TT 12
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€9,086
up €9,086, from -€3,800 to €5,286
- Other operating charges -€1,470
down €1,470 (-100.0%), from €1,470 to €0
- Financial charges -€1,094
down €1,094 (-91.3%), from €1,198 to €104
- Taxes -€483
down €483, from €450 to -€33
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €996,981 | €1,002,091 | +€5,110 | +0.5% |
| Fixed assets | 21/28 | €796,906 | €796,906 | = | 0.0% |
| Tangible fixed assets | 22/27 | €796,906 | €796,906 | = | 0.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €796,906 | €796,906 | = | 0.0% |
| Current assets | 29/58 | €200,075 | €205,185 | +€5,110 | +2.6% |
| Amounts receivable after more than one year | 29 | €180,000 | €185,000 | +€5,000 | +2.8% |
| Trade receivables | 290 | €180,000 | €185,000 | +€5,000 | +2.8% |
| Amounts receivable within one year | 40/41 | €1,636 | €8,470 | +€6,834 | +417.6% |
| Trade receivables | 40 | €325 | €8,470 | +€8,145 | +2506.2% |
| Other amounts receivable | 41 | €1,311 | €0 | -€1,311 | -100.0% |
| Cash at bank and in hand | 54/58 | €18,430 | €11,715 | -€6,715 | -36.4% |
| Deferred charges and accrued income | 490/1 | €8 | €0 | -€8 | -100.0% |
| Total equity and liabilities | 10/49 | €996,981 | €1,002,091 | +€5,110 | +0.5% |
| Equity | 10/15 | €974,621 | €979,860 | +€5,240 | +0.5% |
| Contributions | 10/11 | €993,600 | €993,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,979 | -€13,740 | +€5,240 | +27.6% |
| Amounts payable | 17/49 | €22,360 | €22,231 | -€129 | -0.6% |
| Amounts payable within one year | 42/48 | €22,360 | €21,231 | -€1,129 | -5.1% |
| Trade debts | 44 | €829 | €0 | -€829 | -100.0% |
| Suppliers | 440/4 | €829 | €0 | -€829 | -100.0% |
| Taxes, remuneration and social security | 45 | €500 | €540 | +€40 | +8.0% |
| Taxes | 450/3 | €500 | €540 | +€40 | +8.0% |
| Other amounts payable | 47/48 | €21,031 | €20,691 | -€340 | -1.6% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,470 | €0 | -€1,470 | -100.0% |
| Gross operating margin | 9900 | -€3,800 | €5,286 | +€9,086 | |
| Operating profit (loss) | 9901 | -€5,270 | €5,286 | +€10,556 | |
| Financial income | 75/76B | €49 | €25 | -€24 | -48.7% |
| Recurring financial income | 75 | €49 | €25 | -€24 | -48.7% |
| Financial charges | 65/66B | €1,198 | €104 | -€1,094 | -91.3% |
| Recurring financial charges | 65 | €1,198 | €104 | -€1,094 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,419 | €5,207 | +€11,626 | |
| Income taxes | 67/77 | €450 | -€33 | -€483 | |
| Profit (loss) for the period | 9904 | -€6,869 | €5,240 | +€12,109 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,869 | €5,240 | +€12,109 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.