T.B.I.: 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.
T.B.I.
Largest movements
- Receivables within one year +€67,600
up €67,600 (+42.4%), from €159,556 to €227,157
of which Trade receivables: +€66,600
- Tangible fixed assets -€57,712
down €57,712 (-19.4%), from €298,158 to €240,447
of which Furniture and vehicles: -€38,419
- Cash +€34,057
up €34,057 (+50.4%), from €67,633 to €101,690
mainly Depreciation (+€59,130) and Trade debts (+€56,230)
- Stocks and contracts -€18,398
down €18,398 (-29.5%), from €62,381 to €43,983
- Trade debts +€56,230
up €56,230 (+36.8%), from €152,643 to €208,872
- Debts after one year -€54,278
down €54,278 (-32.0%), from €169,503 to €115,225
- Profit (loss) carried forward +€35,148
up €35,148 (+42,378%), from €83 to €35,231
- Tax, wage and social debts -€11,880
down €11,880 (-19.6%), from €60,613 to €48,733
of which Taxes: -€6,902
- Gross operating margin +€43,994
up €43,994 (+51.3%), from €85,708 to €129,703
- Staff costs -€13,413
down €13,413 (-51.8%), from €25,914 to €12,501
- Taxes +€12,832
up €12,832 (+676%), from €1,898 to €14,730
- Depreciation +€6,987
up €6,987 (+13.4%), from €52,142 to €59,130
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 | €610,848 | €633,297 | +€22,449 | +3.7% |
| Fixed assets | 21/28 | €299,455 | €241,464 | -€57,992 | -19.4% |
| Intangible fixed assets | 21 | €1,031 | €751 | -€280 | -27.2% |
| Tangible fixed assets | 22/27 | €298,158 | €240,447 | -€57,712 | -19.4% |
| Land and buildings | 22 | €163,288 | €146,369 | -€16,919 | -10.4% |
| Plant, machinery and equipment | 23 | €9,571 | €7,197 | -€2,374 | -24.8% |
| Furniture and vehicles | 24 | €125,300 | €86,881 | -€38,419 | -30.7% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €311,393 | €391,833 | +€80,440 | +25.8% |
| Stocks and contracts in progress | 3 | €62,381 | €43,983 | -€18,398 | -29.5% |
| Stocks | 30/36 | €62,381 | €43,983 | -€18,398 | -29.5% |
| Amounts receivable within one year | 40/41 | €159,556 | €227,157 | +€67,600 | +42.4% |
| Trade receivables | 40 | €156,026 | €222,626 | +€66,600 | +42.7% |
| Other amounts receivable | 41 | €3,531 | €4,531 | +€1,000 | +28.3% |
| Cash at bank and in hand | 54/58 | €67,633 | €101,690 | +€34,057 | +50.4% |
| Deferred charges and accrued income | 490/1 | €21,823 | €19,004 | -€2,819 | -12.9% |
| Total equity and liabilities | 10/49 | €610,848 | €633,297 | +€22,449 | +3.7% |
| Equity | 10/15 | €173,284 | €208,432 | +€35,148 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €154,601 | €154,601 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,527 | €17,527 | = | 0.0% |
| Distributable reserves | 133 | €135,215 | €135,215 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83 | €35,231 | +€35,148 | +42,378% |
| Amounts payable | 17/49 | €437,564 | €424,865 | -€12,699 | -2.9% |
| Amounts payable after more than one year | 17 | €169,503 | €115,225 | -€54,278 | -32.0% |
| Financial debts | 170/4 | €169,503 | €115,225 | -€54,278 | -32.0% |
| Amounts payable within one year | 42/48 | €268,061 | €309,640 | +€41,579 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €52,005 | €47,850 | -€4,156 | -8.0% |
| Trade debts | 44 | €152,643 | €208,872 | +€56,230 | +36.8% |
| Suppliers | 440/4 | €152,643 | €208,872 | +€56,230 | +36.8% |
| Taxes, remuneration and social security | 45 | €60,613 | €48,733 | -€11,880 | -19.6% |
| Taxes | 450/3 | €52,352 | €45,450 | -€6,902 | -13.2% |
| Remuneration and social security | 454/9 | €8,261 | €3,283 | -€4,978 | -60.3% |
| Other amounts payable | 47/48 | €2,800 | €4,185 | +€1,385 | +49.5% |
| Non-recurring operating income | 76A | - | €509 | +€509 | |
| Remuneration, social security and pensions | 62 | €25,914 | €12,501 | -€13,413 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,142 | €59,130 | +€6,987 | +13.4% |
| Other operating charges | 640/8 | €2,600 | €3,727 | +€1,127 | +43.3% |
| Non-recurring operating charges | 66A | €62 | - | -€62 | |
| Gross operating margin | 9900 | €85,708 | €129,703 | +€43,994 | +51.3% |
| Operating profit (loss) | 9901 | €4,989 | €54,345 | +€49,356 | +989% |
| Financial income | 75/76B | €3,334 | €3,086 | -€248 | -7.4% |
| Recurring financial income | 75 | €3,334 | €3,086 | -€248 | -7.4% |
| Financial charges | 65/66B | €6,342 | €7,553 | +€1,211 | +19.1% |
| Recurring financial charges | 65 | €6,342 | €7,553 | +€1,211 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | €1,981 | €49,878 | +€47,897 | +2,418% |
| Income taxes | 67/77 | €1,898 | €14,730 | +€12,832 | +676% |
| Profit (loss) for the period | 9904 | €83 | €35,148 | +€35,065 | +42,278% |
| Profit (loss) for the period to be appropriated | 9905 | €83 | €35,148 | +€35,065 | +42,278% |
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.