NEW T&B: what changed
NEW T&B
Largest movements
- Receivables within one year -€14,797
down €14,797 (-85.9%), from €17,225 to €2,428
of which Other amounts receivable: -€16,317
- Cash +€8,931
up €8,931 (+55.5%), from €16,084 to €25,015
mainly Receivables within one year (+€14,797) and Trade debts (+€7,291)
- Deferred charges and accrued income +€3,018
new in 2024: €3,018
- Tangible fixed assets +€2,608
up €2,608 (+103%), from €2,539 to €5,147
of which Plant, machinery and equipment: +€2,017
- Profit (loss) carried forward -€15,591
down €15,591, from €14,907 to -€684
- Trade debts +€7,291
up €7,291 (+403%), from €1,808 to €9,099
- Debts after one year +€6,000
new in 2024: €6,000
- Advances received +€4,000
new in 2024: €4,000
- Current portion of long-term debt -€3,713
no longer reported in 2024 (was €3,713)
- Staff costs +€14,682
up €14,682 (+20.3%), from €72,390 to €87,072
- Taxes +€5,895
up €5,895 (+138%), from €4,260 to €10,155
- Depreciation -€5,277
down €5,277 (-82.5%), from €6,393 to €1,116
- Other operating charges +€3,051
new in 2024: €3,051
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,589 | €45,348 | -€241 | -0.5% |
| Fixed assets | 21/28 | €9,144 | €11,752 | +€2,608 | +28.5% |
| Tangible fixed assets | 22/27 | €2,539 | €5,147 | +€2,608 | +103% |
| Plant, machinery and equipment | 23 | €2,038 | €4,055 | +€2,017 | +99.0% |
| Furniture and vehicles | 24 | €501 | €1,092 | +€591 | +118% |
| Financial fixed assets | 28 | €6,605 | €6,605 | = | 0.0% |
| Current assets | 29/58 | €36,445 | €33,596 | -€2,849 | -7.8% |
| Stocks and contracts in progress | 3 | €3,136 | €3,135 | -€1 | 0.0% |
| Stocks | 30/36 | €3,136 | €3,135 | -€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €17,225 | €2,428 | -€14,797 | -85.9% |
| Trade receivables | 40 | €122 | €1,642 | +€1,520 | +1,246% |
| Other amounts receivable | 41 | €17,103 | €786 | -€16,317 | -95.4% |
| Cash at bank and in hand | 54/58 | €16,084 | €25,015 | +€8,931 | +55.5% |
| Deferred charges and accrued income | 490/1 | - | €3,018 | +€3,018 | |
| Total equity and liabilities | 10/49 | €45,589 | €45,348 | -€241 | -0.5% |
| Equity | 10/15 | €33,507 | €17,916 | -€15,591 | -46.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,907 | -€684 | -€15,591 | |
| Amounts payable | 17/49 | €12,082 | €27,432 | +€15,350 | +127% |
| Amounts payable after more than one year | 17 | - | €6,000 | +€6,000 | |
| Other amounts payable | 178/9 | - | €6,000 | +€6,000 | |
| Amounts payable within one year | 42/48 | €12,082 | €21,432 | +€9,350 | +77.4% |
| Current portion of amounts payable after more than one year | 42 | €3,713 | - | -€3,713 | |
| Trade debts | 44 | €1,808 | €9,099 | +€7,291 | +403% |
| Suppliers | 440/4 | €1,808 | €9,099 | +€7,291 | +403% |
| Advances received on contracts in progress | 46 | - | €4,000 | +€4,000 | |
| Taxes, remuneration and social security | 45 | €3,500 | €6,859 | +€3,359 | +96.0% |
| Taxes | 450/3 | - | €1,590 | +€1,590 | |
| Remuneration and social security | 454/9 | €3,500 | €5,269 | +€1,769 | +50.5% |
| Other amounts payable | 47/48 | €3,061 | €1,474 | -€1,587 | -51.8% |
| Remuneration, social security and pensions | 62 | €72,390 | €87,072 | +€14,682 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,393 | €1,116 | -€5,277 | -82.5% |
| Other operating charges | 640/8 | - | €3,051 | +€3,051 | |
| Gross operating margin | 9900 | €85,815 | €86,054 | +€239 | +0.3% |
| Operating profit (loss) | 9901 | €7,032 | -€5,185 | -€12,217 | |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €584 | €251 | -€333 | -57.0% |
| Recurring financial charges | 65 | €584 | €251 | -€333 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €6,457 | -€5,436 | -€11,893 | |
| Income taxes | 67/77 | €4,260 | €10,155 | +€5,895 | +138% |
| Profit (loss) for the period | 9904 | €2,197 | -€15,591 | -€17,788 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,197 | -€15,591 | -€17,788 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.