T.L GROUPE: what changed
T.L GROUPE
Largest movements
- Cash +€18,460
up €18,460 (+37.8%), from €48,849 to €67,309
mainly Depreciation (+€31,723) and Trade debts (+€14,040)
- Tangible fixed assets -€14,515
down €14,515 (-10.2%), from €142,301 to €127,786
of which Furniture and vehicles: -€9,362
- Receivables within one year +€5,656
up €5,656 (+7.2%), from €78,043 to €83,699
of which Trade receivables: +€6,959
- Trade debts +€14,040
up €14,040 (+14.6%), from €96,411 to €110,451
- Profit (loss) carried forward +€12,145
up €12,145 (+23.7%), from €51,328 to €63,473
- Debts after one year -€10,729
down €10,729 (-15.5%), from €69,335 to €58,606
of which Financial debts: -€8,729
- Turnover -€137,753
down €137,753 (-29.5%), from €466,799 to €329,046
- Purchases and services -€97,818
down €97,818 (-29.4%), from €332,602 to €234,784
- Gross operating margin -€44,278
down €44,278 (-32.0%), from €138,541 to €94,262
- Staff costs -€28,094
down €28,094 (-39.1%), from €71,875 to €43,781
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 | €270,063 | €280,240 | +€10,177 | +3.8% |
| Fixed assets | 21/28 | €142,301 | €127,786 | -€14,515 | -10.2% |
| Tangible fixed assets | 22/27 | €142,301 | €127,786 | -€14,515 | -10.2% |
| Plant, machinery and equipment | 23 | €12,183 | €8,901 | -€3,282 | -26.9% |
| Furniture and vehicles | 24 | €47,297 | €37,934 | -€9,362 | -19.8% |
| Other tangible fixed assets | 26 | €82,821 | €80,950 | -€1,871 | -2.3% |
| Current assets | 29/58 | €127,762 | €152,454 | +€24,692 | +19.3% |
| Amounts receivable within one year | 40/41 | €78,043 | €83,699 | +€5,656 | +7.2% |
| Trade receivables | 40 | €57,627 | €64,586 | +€6,959 | +12.1% |
| Other amounts receivable | 41 | €20,417 | €19,113 | -€1,304 | -6.4% |
| Cash at bank and in hand | 54/58 | €48,849 | €67,309 | +€18,460 | +37.8% |
| Deferred charges and accrued income | 490/1 | €870 | €1,447 | +€576 | +66.2% |
| Total equity and liabilities | 10/49 | €270,063 | €280,240 | +€10,177 | +3.8% |
| Equity | 10/15 | €53,328 | €65,473 | +€12,145 | +22.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,328 | €63,473 | +€12,145 | +23.7% |
| Amounts payable | 17/49 | €216,735 | €214,767 | -€1,968 | -0.9% |
| Amounts payable after more than one year | 17 | €69,335 | €58,606 | -€10,729 | -15.5% |
| Financial debts | 170/4 | €11,153 | €2,424 | -€8,729 | -78.3% |
| Other amounts payable | 178/9 | €58,182 | €56,182 | -€2,000 | -3.4% |
| Amounts payable within one year | 42/48 | €147,400 | €156,161 | +€8,761 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €9,509 | €8,559 | -€950 | -10.0% |
| Trade debts | 44 | €96,411 | €110,451 | +€14,040 | +14.6% |
| Suppliers | 440/4 | €96,411 | €110,451 | +€14,040 | +14.6% |
| Taxes, remuneration and social security | 45 | €38,485 | €36,338 | -€2,147 | -5.6% |
| Taxes | 450/3 | €12,943 | €13,823 | +€880 | +6.8% |
| Remuneration and social security | 454/9 | €25,542 | €22,515 | -€3,027 | -11.9% |
| Other amounts payable | 47/48 | €2,996 | €814 | -€2,182 | -72.8% |
| Turnover | 70 | €466,799 | €329,046 | -€137,753 | -29.5% |
| Non-recurring operating income | 76A | €4,343 | - | -€4,343 | |
| Goods, raw materials, services and sundry goods | 60/61 | €332,602 | €234,784 | -€97,818 | -29.4% |
| Remuneration, social security and pensions | 62 | €71,875 | €43,781 | -€28,094 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,875 | €31,723 | +€3,848 | +13.8% |
| Other operating charges | 640/8 | €774 | €868 | +€94 | +12.1% |
| Gross operating margin | 9900 | €138,541 | €94,262 | -€44,278 | -32.0% |
| Operating profit (loss) | 9901 | €38,016 | €17,890 | -€20,126 | -52.9% |
| Financial income | 75/76B | - | €1,138 | +€1,138 | |
| Recurring financial income | 75 | - | €1,138 | +€1,138 | |
| Financial charges | 65/66B | €551 | €2,232 | +€1,682 | +305% |
| Recurring financial charges | 65 | €551 | €2,232 | +€1,682 | +305% |
| Profit (loss) for the period before taxes | 9903 | €37,466 | €16,796 | -€20,670 | -55.2% |
| Income taxes | 67/77 | €7,801 | €4,650 | -€3,150 | -40.4% |
| Profit (loss) for the period | 9904 | €29,665 | €12,145 | -€17,520 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,665 | €12,145 | -€17,520 | -59.1% |
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 4 November 2026 via checked.be.