TE Solutions: 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.
TE Solutions
Largest movements
- Receivables within one year +€9,067
up €9,067 (+470.3%), from €1,928 to €10,996
of which Trade receivables: +€7,752
- Stocks and contracts -€5,668
down €5,668 (-33.5%), from €16,914 to €11,246
of which Contracts in progress: -€4,989
- Deferred charges and accrued income -€3,658
down €3,658 (-23.5%), from €15,536 to €11,879
- Cash +€3,149
up €3,149 (+300.9%), from €1,046 to €4,195
mainly Stocks and contracts (+€5,668) and Deferred charges and accrued income (+€3,658)
- Tangible fixed assets -€2,280
down €2,280 (-29.8%), from €7,642 to €5,362
- Reserves +€2,976
up €2,976 (+33.5%), from €8,873 to €11,848
- Other debts -€2,233
down €2,233 (-8.0%), from €27,977 to €25,743
- Tax, wage and social debts -€977
down €977 (-37.0%), from €2,642 to €1,665
- Trade debts +€845
up €845 (+27.5%), from €3,076 to €3,921
- Gross operating margin +€4,909
up €4,909 (+91.9%), from €5,343 to €10,252
- Financial charges +€1,165
up €1,165 (+52.6%), from €2,214 to €3,379
- Taxes +€630
up €630 (+166.9%), from €378 to €1,008
- Depreciation +€337
up €337 (+17.4%), from €1,943 to €2,280
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 | €43,067 | €43,678 | +€610 | +1.4% |
| Fixed assets | 21/28 | €7,642 | €5,362 | -€2,280 | -29.8% |
| Tangible fixed assets | 22/27 | €7,642 | €5,362 | -€2,280 | -29.8% |
| Plant, machinery and equipment | 23 | €7,642 | €5,362 | -€2,280 | -29.8% |
| Current assets | 29/58 | €35,425 | €38,315 | +€2,890 | +8.2% |
| Stocks and contracts in progress | 3 | €16,914 | €11,246 | -€5,668 | -33.5% |
| Stocks | 30/36 | €4,425 | €3,746 | -€679 | -15.3% |
| Contracts in progress | 37 | €12,489 | €7,500 | -€4,989 | -39.9% |
| Amounts receivable within one year | 40/41 | €1,928 | €10,996 | +€9,067 | +470.3% |
| Trade receivables | 40 | €1,534 | €9,285 | +€7,752 | +505.4% |
| Other amounts receivable | 41 | €395 | €1,710 | +€1,316 | +333.5% |
| Cash at bank and in hand | 54/58 | €1,046 | €4,195 | +€3,149 | +300.9% |
| Deferred charges and accrued income | 490/1 | €15,536 | €11,879 | -€3,658 | -23.5% |
| Total equity and liabilities | 10/49 | €43,067 | €43,678 | +€610 | +1.4% |
| Equity | 10/15 | €9,373 | €12,348 | +€2,976 | +31.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €8,873 | €11,848 | +€2,976 | +33.5% |
| Distributable reserves | 133 | €8,873 | €11,848 | +€2,976 | +33.5% |
| Amounts payable | 17/49 | €33,695 | €31,329 | -€2,366 | -7.0% |
| Amounts payable within one year | 42/48 | €33,695 | €31,329 | -€2,366 | -7.0% |
| Trade debts | 44 | €3,076 | €3,921 | +€845 | +27.5% |
| Suppliers | 440/4 | €3,076 | €3,921 | +€845 | +27.5% |
| Taxes, remuneration and social security | 45 | €2,642 | €1,665 | -€977 | -37.0% |
| Taxes | 450/3 | €2,642 | €1,665 | -€977 | -37.0% |
| Other amounts payable | 47/48 | €27,977 | €25,743 | -€2,233 | -8.0% |
| Non-recurring operating income | 76A | - | €18,945 | +€18,945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,943 | €2,280 | +€337 | +17.4% |
| Other operating charges | 640/8 | €567 | €610 | +€42 | +7.5% |
| Gross operating margin | 9900 | €5,343 | €10,252 | +€4,909 | +91.9% |
| Operating profit (loss) | 9901 | €2,833 | €7,362 | +€4,529 | +159.8% |
| Financial income | 75/76B | €102 | €0 | -€102 | -100.0% |
| Recurring financial income | 75 | €102 | €0 | -€102 | -100.0% |
| Financial charges | 65/66B | €2,214 | €3,379 | +€1,165 | +52.6% |
| Recurring financial charges | 65 | €2,214 | €3,379 | +€1,165 | +52.6% |
| Profit (loss) for the period before taxes | 9903 | €722 | €3,984 | +€3,262 | +451.7% |
| Income taxes | 67/77 | €378 | €1,008 | +€630 | +166.9% |
| Profit (loss) for the period | 9904 | €344 | €2,976 | +€2,631 | +764.2% |
| Profit (loss) for the period to be appropriated | 9905 | €344 | €2,976 | +€2,631 | +764.2% |
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 12 October 2026 via checked.be.