T & P Management: 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 & P Management
Largest movements
- Tangible fixed assets -€42,433
down €42,433 (-10.3%), from €410,503 to €368,071
of which Furniture and vehicles: -€21,806
- Receivables within one year +€26,380
up €26,380 (+182%), from €14,495 to €40,874
of which Other amounts receivable: +€13,788
- Cash +€21,948
up €21,948 (+110%), from €19,883 to €41,831
- Profit (loss) carried forward +€70,433
up €70,433 (+27.4%), from €257,123 to €327,556
- Debts after one year -€52,695
down €52,695 (-15.4%), from €341,978 to €289,282
- Tax, wage and social debts +€25,929
up €25,929 (+189%), from €13,697 to €39,626
- Current portion of long-term debt -€16,713
down €16,713 (-28.7%), from €58,236 to €41,523
- Other debts -€16,321
down €16,321 (-17.4%), from €93,747 to €77,426
- Gross operating margin -€20,508
down €20,508 (-12.0%), from €171,193 to €150,685
- Depreciation +€20,355
up €20,355 (+92.2%), from €22,077 to €42,433
- Taxes -€13,979
down €13,979 (-40.3%), from €34,710 to €20,732
- Financial charges -€2,327
down €2,327 (-15.5%), from €14,969 to €12,642
- Other operating charges +€1,880
up €1,880 (+73.3%), from €2,566 to €4,446
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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €798,676 | €806,184 | +€7,507 | +0.9% |
| Fixed assets | 21/28 | €761,665 | €719,233 | -€42,433 | -5.6% |
| Tangible fixed assets | 22/27 | €410,503 | €368,071 | -€42,433 | -10.3% |
| Land and buildings | 22 | €362,073 | €341,446 | -€20,627 | -5.7% |
| Furniture and vehicles | 24 | €48,430 | €26,624 | -€21,806 | -45.0% |
| Financial fixed assets | 28 | €351,162 | €351,162 | = | 0.0% |
| Current assets | 29/58 | €37,011 | €86,951 | +€49,940 | +135% |
| Amounts receivable within one year | 40/41 | €14,495 | €40,874 | +€26,380 | +182% |
| Trade receivables | 40 | €12,495 | €25,086 | +€12,591 | +101% |
| Other amounts receivable | 41 | €2,000 | €15,788 | +€13,788 | +689% |
| Cash at bank and in hand | 54/58 | €19,883 | €41,831 | +€21,948 | +110% |
| Deferred charges and accrued income | 490/1 | €2,633 | €4,246 | +€1,613 | +61.2% |
| Total equity and liabilities | 10/49 | €798,676 | €806,184 | +€7,507 | +0.9% |
| Equity | 10/15 | €277,583 | €348,016 | +€70,433 | +25.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €257,123 | €327,556 | +€70,433 | +27.4% |
| Amounts payable | 17/49 | €521,093 | €458,168 | -€62,926 | -12.1% |
| Amounts payable after more than one year | 17 | €341,978 | €289,282 | -€52,695 | -15.4% |
| Financial debts | 170/4 | €341,978 | €289,282 | -€52,695 | -15.4% |
| Amounts payable within one year | 42/48 | €174,231 | €168,886 | -€5,346 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €58,236 | €41,523 | -€16,713 | -28.7% |
| Financial debts | 43 | €295 | €389 | +€94 | +32.0% |
| Credit institutions | 430/8 | €295 | €389 | +€94 | +32.0% |
| Trade debts | 44 | €8,256 | €9,921 | +€1,665 | +20.2% |
| Suppliers | 440/4 | €8,256 | €9,921 | +€1,665 | +20.2% |
| Taxes, remuneration and social security | 45 | €13,697 | €39,626 | +€25,929 | +189% |
| Taxes | 450/3 | €13,697 | €39,626 | +€25,929 | +189% |
| Other amounts payable | 47/48 | €93,747 | €77,426 | -€16,321 | -17.4% |
| Accrued charges and deferred income | 492/3 | €4,884 | €0 | -€4,884 | -100% |
| Non-recurring operating income | 76A | €6,348 | - | -€6,348 | |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,077 | €42,433 | +€20,355 | +92.2% |
| Other operating charges | 640/8 | €2,566 | €4,446 | +€1,880 | +73.3% |
| Gross operating margin | 9900 | €171,193 | €150,685 | -€20,508 | -12.0% |
| Operating profit (loss) | 9901 | €146,550 | €103,806 | -€42,744 | -29.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €14,969 | €12,642 | -€2,327 | -15.5% |
| Recurring financial charges | 65 | €14,969 | €12,642 | -€2,327 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €131,581 | €91,164 | -€40,417 | -30.7% |
| Income taxes | 67/77 | €34,710 | €20,732 | -€13,979 | -40.3% |
| Profit (loss) for the period | 9904 | €96,871 | €70,433 | -€26,438 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €96,871 | €70,433 | -€26,438 | -27.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.