TTT CYCLING: 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.
TTT CYCLING
Largest movements
- Cash -€875
no longer reported in 2025 (was €875)
mainly Net result for the year (-€2,624) and Deferred charges and accrued income (-€378)
- Deferred charges and accrued income +€378
new in 2025: €378
- Receivables within one year -€292
down €292 (-3.2%), from €9,003 to €8,711
- Profit (loss) carried forward -€2,624
down €2,624 (-5.9%), from -€44,536 to -€47,159
- Trade debts +€953
new in 2025: €953
- Accrued charges and deferred income +€886
new in 2025: €886
- Gross operating margin -€1,820
new in 2025: -€1,820
- Other operating charges +€800
new in 2025: €800
- Financial charges -€500
down €500 (-99.3%), from €504 to €4
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 | €9,878 | €9,089 | -€789 | -8.0% |
| Current assets | 29/58 | €9,878 | €9,089 | -€789 | -8.0% |
| Amounts receivable within one year | 40/41 | €9,003 | €8,711 | -€292 | -3.2% |
| Other amounts receivable | 41 | €9,003 | €8,711 | -€292 | -3.2% |
| Cash at bank and in hand | 54/58 | €875 | - | -€875 | |
| Deferred charges and accrued income | 490/1 | - | €378 | +€378 | |
| Total equity and liabilities | 10/49 | €9,878 | €9,089 | -€789 | -8.0% |
| Equity | 10/15 | -€41,536 | -€44,159 | -€2,624 | -6.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,536 | -€47,159 | -€2,624 | -5.9% |
| Amounts payable | 17/49 | €51,414 | €53,249 | +€1,835 | +3.6% |
| Amounts payable within one year | 42/48 | €51,414 | €52,362 | +€949 | +1.8% |
| Trade debts | 44 | - | €953 | +€953 | |
| Suppliers | 440/4 | - | €953 | +€953 | |
| Other amounts payable | 47/48 | €51,414 | €51,410 | -€4 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €886 | +€886 | |
| Other operating charges | 640/8 | - | €800 | +€800 | |
| Gross operating margin | 9900 | - | -€1,820 | -€1,820 | |
| Operating profit (loss) | 9901 | - | -€2,620 | -€2,620 | |
| Financial charges | 65/66B | €504 | €4 | -€500 | -99.3% |
| Recurring financial charges | 65 | €504 | €4 | -€500 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | -€504 | -€2,624 | -€2,119 | -420% |
| Profit (loss) for the period | 9904 | -€504 | -€2,624 | -€2,119 | -420% |
| Profit (loss) for the period to be appropriated | 9905 | -€504 | -€2,624 | -€2,119 | -420% |
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 28 October 2026 via checked.be.