T-Group: 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-Group
Largest movements
- Receivables within one year +€3,226
up €3,226 (+20.0%), from €16,168 to €19,394
of which Trade receivables: +€3,135
- Cash +€1,849
up €1,849 (+38.7%), from €4,777 to €6,625
mainly Tax, wage and social debts (+€7,516) and Net result for the year (+€3,149)
- Deferred charges and accrued income -€643
no longer reported in 2024 (was €643)
- Tax, wage and social debts +€7,516
up €7,516 (+137%), from €5,500 to €13,016
of which Taxes: +€4,116
- Reserves +€6,246
new in 2024: €6,246
- Trade debts -€5,607
no longer reported in 2024 (was €5,607)
- Profit (loss) carried forward -€3,096
no longer reported in 2024 (was €3,096)
- Other debts -€812
down €812 (-21.9%), from €3,709 to €2,897
- Gross operating margin -€674
down €674 (-9.8%), from €6,849 to €6,175
- Other operating charges -€605
down €605 (-60.6%), from €998 to €393
- Depreciation +€296
up €296 (+123%), from €240 to €537
- Financial charges -€222
down €222 (-14.5%), from €1,525 to €1,304
- Staff costs -€215
no longer reported in 2024 (was €215)
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 | €22,972 | €27,158 | +€4,186 | +18.2% |
| Fixed assets | 21/28 | €1,385 | €1,139 | -€246 | -17.8% |
| Tangible fixed assets | 22/27 | €1,385 | €1,139 | -€246 | -17.8% |
| Plant, machinery and equipment | 23 | €1,134 | €943 | -€191 | -16.8% |
| Furniture and vehicles | 24 | €251 | €196 | -€55 | -22.0% |
| Current assets | 29/58 | €21,587 | €26,019 | +€4,432 | +20.5% |
| Amounts receivable within one year | 40/41 | €16,168 | €19,394 | +€3,226 | +20.0% |
| Trade receivables | 40 | €13,737 | €16,872 | +€3,135 | +22.8% |
| Other amounts receivable | 41 | €2,431 | €2,522 | +€91 | +3.8% |
| Cash at bank and in hand | 54/58 | €4,777 | €6,625 | +€1,849 | +38.7% |
| Deferred charges and accrued income | 490/1 | €643 | - | -€643 | |
| Total equity and liabilities | 10/49 | €22,972 | €27,158 | +€4,186 | +18.2% |
| Equity | 10/15 | €8,096 | €11,246 | +€3,149 | +38.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,246 | +€6,246 | |
| Distributable reserves | 133 | - | €6,246 | +€6,246 | |
| Profit (loss) carried forward | 14 | €3,096 | - | -€3,096 | |
| Amounts payable | 17/49 | €14,876 | €15,913 | +€1,037 | +7.0% |
| Amounts payable within one year | 42/48 | €14,876 | €15,913 | +€1,037 | +7.0% |
| Financial debts | 43 | €60 | - | -€60 | |
| Credit institutions | 430/8 | €60 | - | -€60 | |
| Trade debts | 44 | €5,607 | - | -€5,607 | |
| Suppliers | 440/4 | €5,607 | - | -€5,607 | |
| Taxes, remuneration and social security | 45 | €5,500 | €13,016 | +€7,516 | +137% |
| Taxes | 450/3 | €4,200 | €8,316 | +€4,116 | +98.0% |
| Remuneration and social security | 454/9 | €1,300 | €4,700 | +€3,400 | +262% |
| Other amounts payable | 47/48 | €3,709 | €2,897 | -€812 | -21.9% |
| Remuneration, social security and pensions | 62 | €215 | - | -€215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €537 | +€296 | +123% |
| Other operating charges | 640/8 | €998 | €393 | -€605 | -60.6% |
| Gross operating margin | 9900 | €6,849 | €6,175 | -€674 | -9.8% |
| Operating profit (loss) | 9901 | €5,396 | €5,245 | -€150 | -2.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,525 | €1,304 | -€222 | -14.5% |
| Recurring financial charges | 65 | €1,525 | €1,304 | -€222 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €3,871 | €3,942 | +€71 | +1.8% |
| Income taxes | 67/77 | €774 | €793 | +€19 | +2.4% |
| Profit (loss) for the period | 9904 | €3,096 | €3,149 | +€53 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,096 | €3,149 | +€53 | +1.7% |
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 13 October 2026 via checked.be.