LONGTAIN TUBES: 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.
LONGTAIN TUBES
Largest movements
- Receivables within one year -€1.6m
down €1.6m (-57.1%), from €2.9m to €1.2m
- Cash +€1.1m
up €1.1m (+387%), from €285,303 to €1.4m
mainly Receivables within one year (+€1.6m) and Other debts (+€5,086)
- Trade debts -€373,756
no longer reported in 2024 (was €373,756)
- Profit (loss) carried forward -€177,020
down €177,020 (-52.6%), from -€336,339 to -€513,359
- Purchases and services +€106,385
up €106,385 (+148%), from €71,654 to €178,039
- Gross operating margin -€102,845
down €102,845 (-144%), from -€71,654 to -€174,499
- Other operating charges -€7,188
down €7,188 (-87.8%), from €8,184 to €996
- Financial charges -€5,404
down €5,404 (-94.7%), from €5,704 to €300
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 | €3,173,752 | €2,628,062 | -€545,690 | -17.2% |
| Current assets | 29/58 | €3,173,752 | €2,628,062 | -€545,690 | -17.2% |
| Amounts receivable within one year | 40/41 | €2,888,449 | €1,238,464 | -€1.6m | -57.1% |
| Other amounts receivable | 41 | €2,888,449 | €1,238,464 | -€1.6m | -57.1% |
| Cash at bank and in hand | 54/58 | €285,303 | €1,389,598 | +€1.1m | +387% |
| Total equity and liabilities | 10/49 | €3,173,752 | €2,628,062 | -€545,690 | -17.2% |
| Equity | 10/15 | €2,799,996 | €2,622,976 | -€177,020 | -6.3% |
| Contributions | 10/11 | €936,335 | €936,335 | = | 0.0% |
| Capital | 10 | €936,335 | €936,335 | = | 0.0% |
| Issued capital | 100 | €936,335 | €936,335 | = | 0.0% |
| Reserves | 13 | €2,200,000 | €2,200,000 | = | 0.0% |
| Distributable reserves | 133 | €2,200,000 | €2,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€336,339 | -€513,359 | -€177,020 | -52.6% |
| Amounts payable | 17/49 | €373,756 | €5,086 | -€368,670 | -98.6% |
| Amounts payable within one year | 42/48 | €373,756 | €5,086 | -€368,670 | -98.6% |
| Trade debts | 44 | €373,756 | - | -€373,756 | |
| Suppliers | 440/4 | €373,756 | - | -€373,756 | |
| Other amounts payable | 47/48 | - | €5,086 | +€5,086 | |
| Non-recurring operating income | 76A | - | €3,540 | +€3,540 | |
| Goods, raw materials, services and sundry goods | 60/61 | €71,654 | €178,039 | +€106,385 | +148% |
| Other operating charges | 640/8 | €8,184 | €996 | -€7,188 | -87.8% |
| Gross operating margin | 9900 | -€71,654 | -€174,499 | -€102,845 | -144% |
| Operating profit (loss) | 9901 | -€79,838 | -€175,495 | -€95,657 | -120% |
| Financial charges | 65/66B | €5,704 | €300 | -€5,404 | -94.7% |
| Recurring financial charges | 65 | €5,704 | €300 | -€5,404 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€85,542 | -€175,795 | -€90,253 | -106% |
| Income taxes | 67/77 | €384 | €1,225 | +€841 | +219% |
| Profit (loss) for the period | 9904 | -€85,926 | -€177,020 | -€91,094 | -106% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,926 | -€177,020 | -€91,094 | -106% |
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.