T.C.G.: 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.C.G.
Largest movements
- Tangible fixed assets -€24,451
down €24,451 (-30.3%), from €80,589 to €56,138
of which Furniture and vehicles: -€21,400
- Deferred charges and accrued income -€17,646
down €17,646 (-85.2%), from €20,705 to €3,059
- Receivables within one year -€4,886
down €4,886 (-90.5%), from €5,397 to €511
of which Other amounts receivable: -€3,886
- Cash +€1,554
up €1,554 (+6.8%), from €23,010 to €24,564
mainly Other debts (+€62,464) and Depreciation (+€31,650)
- Profit (loss) carried forward -€75,635
down €75,635, from €73,916 to -€1,719
- Other debts +€62,464
up €62,464 (+10,788%), from €579 to €63,043
- Tax, wage and social debts -€15,297
no longer reported in 2024 (was €15,297)
- Current portion of long-term debt -€10,401
down €10,401 (-69.0%), from €15,072 to €4,671
- Debts after one year -€4,671
no longer reported in 2024 (was €4,671)
- Gross operating margin -€39,097
down €39,097, from €3,308 to -€35,789
- Turnover -€29,485
down €29,485 (-24.0%), from €123,067 to €93,582
- Purchases and services +€8,256
up €8,256 (+6.8%), from €121,115 to €129,371
- Other operating charges +€5,677
up €5,677 (+337%), from €1,683 to €7,360
- Depreciation +€4,541
up €4,541 (+16.8%), from €27,109 to €31,650
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 | €129,701 | €84,272 | -€45,429 | -35.0% |
| Fixed assets | 21/28 | €80,589 | €56,138 | -€24,451 | -30.3% |
| Tangible fixed assets | 22/27 | €80,589 | €56,138 | -€24,451 | -30.3% |
| Plant, machinery and equipment | 23 | €19,780 | €14,272 | -€5,508 | -27.8% |
| Furniture and vehicles | 24 | €60,809 | €39,409 | -€21,400 | -35.2% |
| Other tangible fixed assets | 26 | - | €2,457 | +€2,457 | |
| Current assets | 29/58 | €49,112 | €28,134 | -€20,978 | -42.7% |
| Amounts receivable within one year | 40/41 | €5,397 | €511 | -€4,886 | -90.5% |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €4,397 | €511 | -€3,886 | -88.4% |
| Cash at bank and in hand | 54/58 | €23,010 | €24,564 | +€1,554 | +6.8% |
| Deferred charges and accrued income | 490/1 | €20,705 | €3,059 | -€17,646 | -85.2% |
| Total equity and liabilities | 10/49 | €129,701 | €84,272 | -€45,429 | -35.0% |
| Equity | 10/15 | €90,116 | €14,481 | -€75,635 | -83.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €14,200 | €14,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Distributable reserves | 133 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,916 | -€1,719 | -€75,635 | |
| Amounts payable | 17/49 | €39,585 | €69,791 | +€30,206 | +76.3% |
| Amounts payable after more than one year | 17 | €4,671 | - | -€4,671 | |
| Financial debts | 170/4 | €4,671 | - | -€4,671 | |
| Amounts payable within one year | 42/48 | €34,914 | €69,791 | +€34,877 | +99.9% |
| Current portion of amounts payable after more than one year | 42 | €15,072 | €4,671 | -€10,401 | -69.0% |
| Trade debts | 44 | €3,966 | €2,077 | -€1,889 | -47.6% |
| Suppliers | 440/4 | €3,966 | €2,077 | -€1,889 | -47.6% |
| Taxes, remuneration and social security | 45 | €15,297 | - | -€15,297 | |
| Taxes | 450/3 | €15,297 | - | -€15,297 | |
| Other amounts payable | 47/48 | €579 | €63,043 | +€62,464 | +10,788% |
| Turnover | 70 | €123,067 | €93,582 | -€29,485 | -24.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €121,115 | €129,371 | +€8,256 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,109 | €31,650 | +€4,541 | +16.8% |
| Other operating charges | 640/8 | €1,683 | €7,360 | +€5,677 | +337% |
| Gross operating margin | 9900 | €3,308 | -€35,789 | -€39,097 | |
| Operating profit (loss) | 9901 | -€25,484 | -€74,799 | -€49,315 | -194% |
| Financial income | 75/76B | €96 | €1 | -€95 | -99.0% |
| Recurring financial income | 75 | €96 | €1 | -€95 | -99.0% |
| Financial charges | 65/66B | €776 | €837 | +€61 | +7.9% |
| Recurring financial charges | 65 | €776 | €837 | +€61 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,164 | -€75,635 | -€49,471 | -189% |
| Profit (loss) for the period | 9904 | -€26,164 | -€75,635 | -€49,471 | -189% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,164 | -€75,635 | -€49,471 | -189% |
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 30 October 2026 via checked.be.