La Tramontane: 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.
La Tramontane
Largest movements
- Receivables after one year +€111,697
up €111,697 (+3.1%), from €3.7m to €3.8m
- Tangible fixed assets -€71,812
down €71,812 (-11.5%), from €626,665 to €554,853
- Other debts -€207,936
down €207,936 (-89.1%), from €233,429 to €25,494
- Debts after one year +€178,020
up €178,020 (+3.0%), from €5.9m to €6.1m
- Short-term financial debts +€102,210
up €102,210 (+3.8%), from €2.7m to €2.8m
- Financial income -€420,815
down €420,815 (-73.0%), from €576,254 to €155,439
- Financial charges +€287,398
up €287,398 (+42.3%), from €679,164 to €966,562
- Gross operating margin -€82,490
down €82,490 (-8.4%), from €977,232 to €894,743
- Other operating charges -€10,372
down €10,372 (-94.5%), from €10,976 to €604
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,196,521 | €5,275,140 | +€78,619 | +1.5% |
| Fixed assets | 21/28 | €626,665 | €554,853 | -€71,812 | -11.5% |
| Tangible fixed assets | 22/27 | €626,665 | €554,853 | -€71,812 | -11.5% |
| Land and buildings | 22 | €626,665 | €554,853 | -€71,812 | -11.5% |
| Current assets | 29/58 | €4,569,856 | €4,720,287 | +€150,431 | +3.3% |
| Amounts receivable after more than one year | 29 | €3,652,854 | €3,764,551 | +€111,697 | +3.1% |
| Trade receivables | 290 | €3,652,854 | €3,764,551 | +€111,697 | +3.1% |
| Amounts receivable within one year | 40/41 | €789,572 | €789,814 | +€242 | 0.0% |
| Other amounts receivable | 41 | €789,572 | €789,814 | +€242 | 0.0% |
| Cash at bank and in hand | 54/58 | €164 | €374 | +€210 | +128% |
| Deferred charges and accrued income | 490/1 | €127,266 | €165,547 | +€38,281 | +30.1% |
| Total equity and liabilities | 10/49 | €5,196,521 | €5,275,140 | +€78,619 | +1.5% |
| Equity | 10/15 | -€3,640,702 | -€3,629,499 | +€11,203 | +0.3% |
| Contributions | 10/11 | €2,570,310 | €2,570,310 | = | 0.0% |
| Capital | 10 | €2,570,310 | €2,570,310 | = | 0.0% |
| Issued capital | 100 | €2,570,310 | €2,570,310 | = | 0.0% |
| Reserves | 13 | €242,223 | €242,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €242,223 | €242,223 | = | 0.0% |
| Legal reserve | 130 | €242,223 | €242,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,453,235 | -€6,442,032 | +€11,203 | +0.2% |
| Amounts payable | 17/49 | €8,837,223 | €8,904,639 | +€67,415 | +0.8% |
| Amounts payable after more than one year | 17 | €5,882,485 | €6,060,505 | +€178,020 | +3.0% |
| Financial debts | 170/4 | €5,882,485 | €6,060,505 | +€178,020 | +3.0% |
| Amounts payable within one year | 42/48 | €2,953,256 | €2,843,476 | -€109,780 | -3.7% |
| Financial debts | 43 | €2,705,347 | €2,807,557 | +€102,210 | +3.8% |
| Credit institutions | 430/8 | €2,705,347 | €2,807,557 | +€102,210 | +3.8% |
| Trade debts | 44 | €4,371 | €316 | -€4,055 | -92.8% |
| Suppliers | 440/4 | €4,371 | €316 | -€4,055 | -92.8% |
| Taxes, remuneration and social security | 45 | €10,108 | €10,108 | = | 0.0% |
| Taxes | 450/3 | €10,108 | €10,108 | = | 0.0% |
| Other amounts payable | 47/48 | €233,429 | €25,494 | -€207,936 | -89.1% |
| Accrued charges and deferred income | 492/3 | €1,483 | €658 | -€825 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,517 | €71,812 | -€2,705 | -3.6% |
| Other operating charges | 640/8 | €10,976 | €604 | -€10,372 | -94.5% |
| Gross operating margin | 9900 | €977,232 | €894,743 | -€82,490 | -8.4% |
| Operating profit (loss) | 9901 | €891,739 | €822,327 | -€69,412 | -7.8% |
| Financial income | 75/76B | €576,254 | €155,439 | -€420,815 | -73.0% |
| Recurring financial income | 75 | €576,254 | €155,439 | -€420,815 | -73.0% |
| Financial charges | 65/66B | €679,164 | €966,562 | +€287,398 | +42.3% |
| Recurring financial charges | 65 | €679,164 | €966,562 | +€287,398 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €788,829 | €11,203 | -€777,626 | -98.6% |
| Profit (loss) for the period | 9904 | €788,829 | €11,203 | -€777,626 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €788,829 | €11,203 | -€777,626 | -98.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.