T.R.D.B.: 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.R.D.B.
Largest movements
- Current investments -€82,995
down €82,995 (-100%), from €82,995 to €0
- Cash +€56,715
up €56,715 (+1,802%), from €3,147 to €59,862
mainly Current investments (+€82,995) and Depreciation (+€20,593)
- Tangible fixed assets -€20,593
down €20,593 (-25.0%), from €82,220 to €61,627
of which Furniture and vehicles: -€20,200
- Receivables within one year +€2,388
up €2,388 (+3.8%), from €62,491 to €64,879
of which Trade receivables: +€5,500
- Tax, wage and social debts -€26,432
down €26,432 (-100%), from €26,432 to €0
- Reserves -€6,818
down €6,818 (-3.6%), from €189,439 to €182,621
of which Tax-exempt reserves: -€6,818
- Profit (loss) carried forward -€5,032
new in 2023: -€5,032
- Trade debts -€3,930
down €3,930 (-98.2%), from €4,001 to €72
- Gross operating margin -€19,416
down €19,416 (-66.8%), from €29,084 to €9,668
- Taxes +€3,533
up €3,533, from -€867 to €2,667
- Other operating charges -€407
down €407 (-49.2%), from €827 to €420
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
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 | €235,161 | €190,676 | -€44,484 | -18.9% |
| Fixed assets | 21/28 | €86,528 | €65,935 | -€20,593 | -23.8% |
| Tangible fixed assets | 22/27 | €82,220 | €61,627 | -€20,593 | -25.0% |
| Plant, machinery and equipment | 23 | €1,419 | €1,027 | -€393 | -27.7% |
| Furniture and vehicles | 24 | €80,800 | €60,600 | -€20,200 | -25.0% |
| Financial fixed assets | 28 | €4,308 | €4,308 | = | 0.0% |
| Current assets | 29/58 | €148,633 | €124,741 | -€23,892 | -16.1% |
| Amounts receivable within one year | 40/41 | €62,491 | €64,879 | +€2,388 | +3.8% |
| Trade receivables | 40 | €3,000 | €8,500 | +€5,500 | +183% |
| Other amounts receivable | 41 | €59,491 | €56,379 | -€3,112 | -5.2% |
| Current investments | 50/53 | €82,995 | €0 | -€82,995 | -100% |
| Cash at bank and in hand | 54/58 | €3,147 | €59,862 | +€56,715 | +1,802% |
| Total equity and liabilities | 10/49 | €235,161 | €190,676 | -€44,484 | -18.9% |
| Equity | 10/15 | €195,637 | €183,786 | -€11,850 | -6.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €189,439 | €182,621 | -€6,818 | -3.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,273 | €20,455 | -€6,818 | -25.0% |
| Distributable reserves | 133 | €160,307 | €160,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,032 | -€5,032 | |
| Provisions and deferred taxes | 16 | €9,091 | €6,818 | -€2,273 | -25.0% |
| Deferred taxes | 168 | €9,091 | €6,818 | -€2,273 | -25.0% |
| Amounts payable | 17/49 | €30,433 | €72 | -€30,361 | -99.8% |
| Amounts payable within one year | 42/48 | €30,433 | €72 | -€30,361 | -99.8% |
| Trade debts | 44 | €4,001 | €72 | -€3,930 | -98.2% |
| Suppliers | 440/4 | €4,001 | €72 | -€3,930 | -98.2% |
| Taxes, remuneration and social security | 45 | €26,432 | €0 | -€26,432 | -100% |
| Taxes | 450/3 | €26,432 | €0 | -€26,432 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,743 | €20,593 | -€151 | -0.7% |
| Other operating charges | 640/8 | €827 | €420 | -€407 | -49.2% |
| Gross operating margin | 9900 | €29,084 | €9,668 | -€19,416 | -66.8% |
| Operating profit (loss) | 9901 | €7,514 | -€11,345 | -€18,858 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €192 | €112 | -€81 | -41.9% |
| Recurring financial charges | 65 | €192 | €112 | -€81 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €7,328 | -€11,456 | -€18,785 | |
| Transfer from deferred taxes | 780 | €2,273 | €2,273 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | -€867 | €2,667 | +€3,533 | |
| Profit (loss) for the period | 9904 | €10,468 | -€11,850 | -€22,318 | |
| Transfer from tax-exempt reserves | 789 | €6,818 | €6,818 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €17,286 | -€5,032 | -€22,318 |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.