TensorWorks: 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.
TensorWorks
Largest movements
- Cash +€55,830
up €55,830 (+163%), from €34,187 to €90,017
mainly Net result for the year (+€61,999) and Depreciation (+€4,883)
- Receivables within one year +€8,034
up €8,034 (+70.3%), from €11,426 to €19,460
of which Trade receivables: +€6,600
- Tangible fixed assets -€3,880
down €3,880 (-29.2%), from €13,304 to €9,424
- Profit (loss) carried forward +€61,999
up €61,999 (+108%), from €57,352 to €119,351
- Tax, wage and social debts -€2,102
down €2,102 (-75.5%), from €2,785 to €683
- Turnover +€13,934
up €13,934 (+10.8%), from €129,375 to €143,309
- Purchases and services +€12,416
up €12,416 (+27.6%), from €45,019 to €57,436
- Depreciation -€3,872
down €3,872 (-44.2%), from €8,755 to €4,883
- Other operating charges -€3,470
down €3,470 (-88.7%), from €3,911 to €441
- Taxes +€2,430
up €2,430 (+17.0%), from €14,338 to €16,768
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 | €60,855 | €121,166 | +€60,311 | +99.1% |
| Fixed assets | 21/28 | €13,304 | €9,424 | -€3,880 | -29.2% |
| Tangible fixed assets | 22/27 | €13,304 | €9,424 | -€3,880 | -29.2% |
| Furniture and vehicles | 24 | €13,304 | €9,424 | -€3,880 | -29.2% |
| Current assets | 29/58 | €47,551 | €111,743 | +€64,192 | +135% |
| Amounts receivable within one year | 40/41 | €11,426 | €19,460 | +€8,034 | +70.3% |
| Trade receivables | 40 | €6,000 | €12,600 | +€6,600 | +110% |
| Other amounts receivable | 41 | €5,426 | €6,860 | +€1,434 | +26.4% |
| Cash at bank and in hand | 54/58 | €34,187 | €90,017 | +€55,830 | +163% |
| Deferred charges and accrued income | 490/1 | €1,938 | €2,266 | +€328 | +16.9% |
| Total equity and liabilities | 10/49 | €60,855 | €121,166 | +€60,311 | +99.1% |
| Equity | 10/15 | €57,852 | €119,851 | +€61,999 | +107% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,352 | €119,351 | +€61,999 | +108% |
| Amounts payable | 17/49 | €3,003 | €1,315 | -€1,688 | -56.2% |
| Amounts payable within one year | 42/48 | €3,003 | €1,315 | -€1,688 | -56.2% |
| Trade debts | 44 | €218 | €632 | +€413 | +189% |
| Suppliers | 440/4 | €218 | €632 | +€413 | +189% |
| Taxes, remuneration and social security | 45 | €2,785 | €683 | -€2,102 | -75.5% |
| Taxes | 450/3 | €2,785 | €683 | -€2,102 | -75.5% |
| Turnover | 70 | €129,375 | €143,309 | +€13,934 | +10.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,019 | €57,436 | +€12,416 | +27.6% |
| Remuneration, social security and pensions | 62 | - | €1,737 | +€1,737 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,755 | €4,883 | -€3,872 | -44.2% |
| Other operating charges | 640/8 | €3,911 | €441 | -€3,470 | -88.7% |
| Gross operating margin | 9900 | €84,356 | €85,873 | +€1,518 | +1.8% |
| Operating profit (loss) | 9901 | €71,690 | €78,813 | +€7,123 | +9.9% |
| Financial charges | 65/66B | - | €45 | +€45 | |
| Recurring financial charges | 65 | - | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €71,690 | €78,768 | +€7,078 | +9.9% |
| Income taxes | 67/77 | €14,338 | €16,768 | +€2,430 | +17.0% |
| Profit (loss) for the period | 9904 | €57,352 | €61,999 | +€4,648 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €57,352 | €61,999 | +€4,648 | +8.1% |
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 30 October 2026 via checked.be.