X - TENSION: 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.
X - TENSION
Largest movements
- Cash -€651
down €651 (-68.6%), from €948 to €297
mainly Net result for the year (-€8,312) and Deferred charges and accrued income (-€560)
- Deferred charges and accrued income +€560
new in 2025: €560
- Receivables within one year +€312
up €312 (+108%), from €289 to €602
- Profit (loss) carried forward -€8,312
down €8,312 (-24.5%), from -€33,881 to -€42,192
- Other debts +€7,057
up €7,057 (+38.3%), from €18,417 to €25,474
- Trade debts +€1,257
up €1,257 (+7.6%), from €16,459 to €17,716
- Gross operating margin -€3,963
down €3,963 (-105%), from -€3,767 to -€7,730
- Other operating charges -€591
down €591 (-72.5%), from €816 to €224
- Financial charges -€390
down €390 (-73.8%), from €528 to €139
- Financial income -€247
no longer reported in 2025 (was €247)
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 | €22,538 | €22,541 | +€3 | 0.0% |
| Fixed assets | 21/28 | €1,300 | €1,081 | -€219 | -16.8% |
| Tangible fixed assets | 22/27 | €469 | €250 | -€219 | -46.7% |
| Plant, machinery and equipment | 23 | €469 | €250 | -€219 | -46.7% |
| Financial fixed assets | 28 | €831 | €831 | = | 0.0% |
| Current assets | 29/58 | €21,238 | €21,459 | +€222 | +1.0% |
| Stocks and contracts in progress | 3 | €20,000 | €20,000 | = | 0.0% |
| Stocks | 30/36 | €20,000 | €20,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €289 | €602 | +€312 | +108% |
| Other amounts receivable | 41 | €289 | €602 | +€312 | +108% |
| Cash at bank and in hand | 54/58 | €948 | €297 | -€651 | -68.6% |
| Deferred charges and accrued income | 490/1 | - | €560 | +€560 | |
| Total equity and liabilities | 10/49 | €22,538 | €22,541 | +€3 | 0.0% |
| Equity | 10/15 | -€13,430 | -€21,741 | -€8,312 | -61.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,881 | -€42,192 | -€8,312 | -24.5% |
| Amounts payable | 17/49 | €35,968 | €44,282 | +€8,314 | +23.1% |
| Amounts payable within one year | 42/48 | €35,968 | €44,282 | +€8,314 | +23.1% |
| Trade debts | 44 | €16,459 | €17,716 | +€1,257 | +7.6% |
| Suppliers | 440/4 | €16,459 | €17,716 | +€1,257 | +7.6% |
| Taxes, remuneration and social security | 45 | €1,092 | €1,092 | = | 0.0% |
| Taxes | 450/3 | €1,092 | €1,092 | = | 0.0% |
| Other amounts payable | 47/48 | €18,417 | €25,474 | +€7,057 | +38.3% |
| Non-recurring operating income | 76A | €4,132 | - | -€4,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188 | €219 | +€31 | +16.6% |
| Other operating charges | 640/8 | €816 | €224 | -€591 | -72.5% |
| Gross operating margin | 9900 | -€3,767 | -€7,730 | -€3,963 | -105% |
| Operating profit (loss) | 9901 | -€4,770 | -€8,173 | -€3,403 | -71.3% |
| Financial income | 75/76B | €247 | - | -€247 | |
| Recurring financial income | 75 | €247 | - | -€247 | |
| Financial charges | 65/66B | €528 | €139 | -€390 | -73.8% |
| Recurring financial charges | 65 | €528 | €139 | -€390 | -73.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,051 | -€8,312 | -€3,260 | -64.5% |
| Profit (loss) for the period | 9904 | -€5,051 | -€8,312 | -€3,260 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,051 | -€8,312 | -€3,260 | -64.5% |
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 23 October 2026 via checked.be.