TYD: 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.
TYD
Largest movements
- Financial fixed assets -€20,000
down €20,000 (-95.7%), from €20,900 to €900
- Receivables within one year -€15,451
down €15,451 (-4.8%), from €318,760 to €303,309
of which Other amounts receivable: -€69,490
- Profit (loss) carried forward -€55,297
down €55,297 (-37.9%), from -€145,988 to -€201,285
- Debts after one year -€33,790
down €33,790 (-39.6%), from €85,362 to €51,572
- Trade debts +€30,031
up €30,031 (+87.7%), from €34,225 to €64,256
- Other debts +€22,657
up €22,657 (+13.9%), from €162,989 to €185,647
- Gross operating margin -€124,424
down €124,424 (-90.5%), from €137,413 to €12,989
- Other operating charges -€43,055
down €43,055 (-97.9%), from €43,991 to €936
- Staff costs -€39,992
down €39,992 (-61.7%), from €64,829 to €24,838
- Taxes +€33,190
up €33,190 (+3,971%), from €836 to €34,026
- Financial charges -€2,771
down €2,771 (-52.9%), from €5,238 to €2,467
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 | €347,907 | €310,270 | -€37,637 | -10.8% |
| Fixed assets | 21/28 | €26,220 | €3,755 | -€22,465 | -85.7% |
| Tangible fixed assets | 22/27 | €5,320 | €2,855 | -€2,465 | -46.3% |
| Plant, machinery and equipment | 23 | €4,010 | €1,930 | -€2,080 | -51.9% |
| Furniture and vehicles | 24 | €1,310 | €925 | -€386 | -29.4% |
| Financial fixed assets | 28 | €20,900 | €900 | -€20,000 | -95.7% |
| Current assets | 29/58 | €321,687 | €306,515 | -€15,171 | -4.7% |
| Amounts receivable within one year | 40/41 | €318,760 | €303,309 | -€15,451 | -4.8% |
| Trade receivables | 40 | €89,031 | €143,070 | +€54,039 | +60.7% |
| Other amounts receivable | 41 | €229,729 | €160,239 | -€69,490 | -30.2% |
| Cash at bank and in hand | 54/58 | €108 | €880 | +€773 | +717% |
| Deferred charges and accrued income | 490/1 | €2,819 | €2,326 | -€493 | -17.5% |
| Total equity and liabilities | 10/49 | €347,907 | €310,270 | -€37,637 | -10.8% |
| Equity | 10/15 | €21,712 | -€33,585 | -€55,297 | |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €2,700 | €2,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,700 | €2,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,700 | €2,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,988 | -€201,285 | -€55,297 | -37.9% |
| Amounts payable | 17/49 | €326,195 | €343,856 | +€17,661 | +5.4% |
| Amounts payable after more than one year | 17 | €85,362 | €51,572 | -€33,790 | -39.6% |
| Financial debts | 170/4 | €85,362 | €51,572 | -€33,790 | -39.6% |
| Amounts payable within one year | 42/48 | €240,833 | €292,283 | +€51,451 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €33,324 | €33,790 | +€466 | +1.4% |
| Financial debts | 43 | €198 | - | -€198 | |
| Credit institutions | 430/8 | €198 | - | -€198 | |
| Trade debts | 44 | €34,225 | €64,256 | +€30,031 | +87.7% |
| Suppliers | 440/4 | €34,225 | €64,256 | +€30,031 | +87.7% |
| Taxes, remuneration and social security | 45 | €10,096 | €8,591 | -€1,505 | -14.9% |
| Taxes | 450/3 | €2,339 | €8,591 | +€6,252 | +267% |
| Remuneration and social security | 454/9 | €7,757 | - | -€7,757 | |
| Other amounts payable | 47/48 | €162,989 | €185,647 | +€22,657 | +13.9% |
| Non-recurring operating income | 76A | €54,669 | €4,789 | -€49,881 | -91.2% |
| Remuneration, social security and pensions | 62 | €64,829 | €24,838 | -€39,992 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,565 | €2,465 | -€100 | -3.9% |
| Other operating charges | 640/8 | €43,991 | €936 | -€43,055 | -97.9% |
| Non-recurring operating charges | 66A | €224,067 | €3,634 | -€220,432 | -98.4% |
| Gross operating margin | 9900 | €137,413 | €12,989 | -€124,424 | -90.5% |
| Operating profit (loss) | 9901 | -€198,039 | -€18,884 | +€179,154 | +90.5% |
| Financial income | 75/76B | €1,186 | €80 | -€1,106 | -93.2% |
| Recurring financial income | 75 | €1,186 | €80 | -€1,106 | -93.2% |
| Financial charges | 65/66B | €5,238 | €2,467 | -€2,771 | -52.9% |
| Recurring financial charges | 65 | €5,238 | €2,467 | -€2,771 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | -€202,091 | -€21,271 | +€180,819 | +89.5% |
| Income taxes | 67/77 | €836 | €34,026 | +€33,190 | +3,971% |
| Profit (loss) for the period | 9904 | -€202,926 | -€55,297 | +€147,629 | +72.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,926 | -€55,297 | +€147,629 | +72.8% |
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 31 October 2026 via checked.be.