T.S.C. CONSTRUCTIONS: 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.S.C. CONSTRUCTIONS
Largest movements
- Receivables within one year +€9,854
up €9,854 (+16.5%), from €59,671 to €69,525
of which Trade receivables: +€12,232
- Tangible fixed assets -€3,635
down €3,635 (-4.6%), from €79,724 to €76,089
of which Furniture and vehicles: -€3,635
- Other debts +€80,073
up €80,073 (+96.8%), from €82,694 to €162,767
- Debts after one year -€53,862
no longer reported in 2023 (was €53,862)
- Tax, wage and social debts -€19,118
no longer reported in 2023 (was €19,118)
- Profit (loss) carried forward -€6,192
down €6,192 (-71.5%), from €8,661 to €2,469
- Trade debts +€3,138
up €3,138 (+12.4%), from €25,403 to €28,541
- Turnover -€99,332
down €99,332 (-79.8%), from €124,532 to €25,200
- Gross operating margin -€66,281
down €66,281, from €23,853 to -€42,428
- Financial income +€48,421
new in 2023: €48,421
of which Non-recurring financial income: +€48,383
- Purchases and services -€33,051
down €33,051 (-32.8%), from €100,679 to €67,628
- Staff costs -€9,396
no longer reported in 2023 (was €9,396)
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 | €218,742 | €222,780 | +€4,038 | +1.8% |
| Fixed assets | 21/28 | €79,724 | €76,089 | -€3,635 | -4.6% |
| Tangible fixed assets | 22/27 | €79,724 | €76,089 | -€3,635 | -4.6% |
| Land and buildings | 22 | €72,712 | €72,712 | = | 0.0% |
| Furniture and vehicles | 24 | €7,012 | €3,377 | -€3,635 | -51.8% |
| Current assets | 29/58 | €139,018 | €146,691 | +€7,673 | +5.5% |
| Stocks and contracts in progress | 3 | €39,349 | €39,349 | = | 0.0% |
| Stocks | 30/36 | €39,349 | €39,349 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €59,671 | €69,525 | +€9,854 | +16.5% |
| Trade receivables | 40 | €57,293 | €69,525 | +€12,232 | +21.3% |
| Other amounts receivable | 41 | €2,378 | - | -€2,378 | |
| Cash at bank and in hand | 54/58 | €39,998 | €37,816 | -€2,182 | -5.5% |
| Deferred charges and accrued income | 490/1 | - | €1 | +€1 | |
| Total equity and liabilities | 10/49 | €218,742 | €222,780 | +€4,038 | +1.8% |
| Equity | 10/15 | €37,664 | €31,472 | -€6,192 | -16.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,411 | €10,411 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,552 | €8,552 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,661 | €2,469 | -€6,192 | -71.5% |
| Amounts payable | 17/49 | €181,078 | €191,308 | +€10,230 | +5.6% |
| Amounts payable after more than one year | 17 | €53,862 | - | -€53,862 | |
| Financial debts | 170/4 | €53,862 | - | -€53,862 | |
| Amounts payable within one year | 42/48 | €127,215 | €191,308 | +€64,093 | +50.4% |
| Trade debts | 44 | €25,403 | €28,541 | +€3,138 | +12.4% |
| Suppliers | 440/4 | €25,403 | €28,541 | +€3,138 | +12.4% |
| Taxes, remuneration and social security | 45 | €19,118 | - | -€19,118 | |
| Taxes | 450/3 | €19,118 | - | -€19,118 | |
| Other amounts payable | 47/48 | €82,694 | €162,767 | +€80,073 | +96.8% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Turnover | 70 | €124,532 | €25,200 | -€99,332 | -79.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €100,679 | €67,628 | -€33,051 | -32.8% |
| Remuneration, social security and pensions | 62 | €9,396 | - | -€9,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,664 | €3,634 | -€2,030 | -35.8% |
| Other operating charges | 640/8 | €4,086 | €1,415 | -€2,671 | -65.4% |
| Gross operating margin | 9900 | €23,853 | -€42,428 | -€66,281 | |
| Operating profit (loss) | 9901 | €4,707 | -€47,477 | -€52,184 | |
| Financial income | 75/76B | - | €48,421 | +€48,421 | |
| Recurring financial income | 75 | - | €38 | +€38 | |
| Non-recurring financial income | 76B | - | €48,383 | +€48,383 | |
| Financial charges | 65/66B | €7,324 | €7,136 | -€188 | -2.6% |
| Recurring financial charges | 65 | €7,324 | €7,136 | -€188 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,617 | -€6,192 | -€3,575 | -136.6% |
| Profit (loss) for the period | 9904 | -€2,617 | -€6,192 | -€3,575 | -136.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,617 | -€6,192 | -€3,575 | -136.6% |
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 9 October 2026 via checked.be.