T.I.P.: 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.I.P.
Largest movements
- Receivables within one year +€80,094
up €80,094 (+10.0%), from €801,078 to €881,172
of which Trade receivables: +€80,267
- Debts after one year +€106,624
up €106,624 (+12.3%), from €868,708 to €975,332
of which Financial debts: +€106,624
- Profit (loss) carried forward -€46,094
down €46,094 (-46.0%), from -€100,217 to -€146,311
- Trade debts +€35,883
up €35,883 (+357.7%), from €10,032 to €45,916
- Taxes -€59,888
down €59,888 (-100.0%), from €59,888 to €0
- Gross operating margin -€36,518
down €36,518 (-1979.5%), from -€1,845 to -€38,363
- Financial charges +€1,118
up €1,118 (+49.6%), from €2,252 to €3,371
- Depreciation -€437
down €437 (-13.5%), from €3,240 to €2,804
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €856,157 | €944,464 | +€88,307 | +10.3% |
| Fixed assets | 21/28 | €11,931 | €13,091 | +€1,160 | +9.7% |
| Tangible fixed assets | 22/27 | €11,130 | €12,290 | +€1,160 | +10.4% |
| Plant, machinery and equipment | 23 | €10,405 | €11,855 | +€1,450 | +13.9% |
| Furniture and vehicles | 24 | €725 | €435 | -€290 | -40.0% |
| Financial fixed assets | 28 | €802 | €802 | = | 0.0% |
| Current assets | 29/58 | €844,226 | €931,373 | +€87,147 | +10.3% |
| Amounts receivable within one year | 40/41 | €801,078 | €881,172 | +€80,094 | +10.0% |
| Trade receivables | 40 | €765,395 | €845,662 | +€80,267 | +10.5% |
| Other amounts receivable | 41 | €35,683 | €35,510 | -€173 | -0.5% |
| Cash at bank and in hand | 54/58 | €39,598 | €46,651 | +€7,053 | +17.8% |
| Deferred charges and accrued income | 490/1 | €3,550 | €3,550 | = | 0.0% |
| Total equity and liabilities | 10/49 | €856,157 | €944,464 | +€88,307 | +10.3% |
| Equity | 10/15 | -€79,766 | -€125,860 | -€46,094 | -57.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,217 | -€146,311 | -€46,094 | -46.0% |
| Amounts payable | 17/49 | €935,923 | €1,070,324 | +€134,401 | +14.4% |
| Amounts payable after more than one year | 17 | €868,708 | €975,332 | +€106,624 | +12.3% |
| Financial debts | 170/4 | €867,908 | €974,532 | +€106,624 | +12.3% |
| Other amounts payable | 178/9 | €800 | €800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €67,215 | €94,992 | +€27,777 | +41.3% |
| Financial debts | 43 | €10,340 | €10,586 | +€245 | +2.4% |
| Credit institutions | 430/8 | €10,340 | €10,586 | +€245 | +2.4% |
| Trade debts | 44 | €10,032 | €45,916 | +€35,883 | +357.7% |
| Suppliers | 440/4 | €10,032 | €45,916 | +€35,883 | +357.7% |
| Advances received on contracts in progress | 46 | €2,613 | €2,613 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €44,229 | €35,877 | -€8,352 | -18.9% |
| Taxes | 450/3 | €44,229 | €35,877 | -€8,352 | -18.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,240 | €2,804 | -€437 | -13.5% |
| Other operating charges | 640/8 | €1,370 | €1,557 | +€187 | +13.6% |
| Gross operating margin | 9900 | -€1,845 | -€38,363 | -€36,518 | -1979.5% |
| Operating profit (loss) | 9901 | -€6,455 | -€42,723 | -€36,268 | -561.9% |
| Financial income | 75/76B | €48 | €0 | -€48 | -100.0% |
| Recurring financial income | 75 | €48 | €0 | -€48 | -100.0% |
| Financial charges | 65/66B | €2,252 | €3,371 | +€1,118 | +49.6% |
| Recurring financial charges | 65 | €2,252 | €3,371 | +€1,118 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,659 | -€46,094 | -€37,435 | -432.3% |
| Income taxes | 67/77 | €59,888 | €0 | -€59,888 | -100.0% |
| Profit (loss) for the period | 9904 | -€68,548 | -€46,094 | +€22,454 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,548 | -€46,094 | +€22,454 | +32.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.