T-Source: what changed
Two fiscal 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-Source
Largest movements
- Cash +€42,257
up €42,257 (+257.9%), from €16,382 to €58,639
mainly Net result for the year (+€39,288) and Receivables within one year (+€10,285)
- Current investments +€12,000
up €12,000 (+80.0%), from €15,000 to €27,000
- Receivables within one year -€10,285
down €10,285 (-53.3%), from €19,306 to €9,021
of which Other amounts receivable: -€7,765
- Tangible fixed assets -€9,525
down €9,525 (-22.7%), from €42,049 to €32,524
- Profit (loss) carried forward +€38,455
up €38,455 (+2582.2%), from €1,489 to €39,944
- Tax, wage and social debts -€4,790
down €4,790 (-95.0%), from €5,040 to €250
- Gross operating margin +€14,405
up €14,405 (+31.2%), from €46,200 to €60,606
- Depreciation +€4,708
up €4,708 (+97.7%), from €4,817 to €9,525
- Taxes +€1,681
up €1,681 (+18.4%), from €9,114 to €10,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,281 | €127,184 | +€33,903 | +36.3% |
| Fixed assets | 21/28 | €42,049 | €32,524 | -€9,525 | -22.7% |
| Tangible fixed assets | 22/27 | €42,049 | €32,524 | -€9,525 | -22.7% |
| Furniture and vehicles | 24 | €42,049 | €32,524 | -€9,525 | -22.7% |
| Current assets | 29/58 | €51,232 | €94,660 | +€43,428 | +84.8% |
| Amounts receivable within one year | 40/41 | €19,306 | €9,021 | -€10,285 | -53.3% |
| Trade receivables | 40 | €10,080 | €7,560 | -€2,520 | -25.0% |
| Other amounts receivable | 41 | €9,226 | €1,461 | -€7,765 | -84.2% |
| Current investments | 50/53 | €15,000 | €27,000 | +€12,000 | +80.0% |
| Cash at bank and in hand | 54/58 | €16,382 | €58,639 | +€42,257 | +257.9% |
| Deferred charges and accrued income | 490/1 | €544 | - | -€544 | |
| Total equity and liabilities | 10/49 | €93,281 | €127,184 | +€33,903 | +36.3% |
| Equity | 10/15 | €86,689 | €125,144 | +€38,455 | +44.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €79,200 | €79,200 | = | 0.0% |
| Distributable reserves | 133 | €79,200 | €79,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,489 | €39,944 | +€38,455 | +2582.2% |
| Amounts payable | 17/49 | €6,592 | €2,040 | -€4,552 | -69.1% |
| Amounts payable within one year | 42/48 | €6,464 | €2,040 | -€4,425 | -68.4% |
| Trade debts | 44 | €864 | €1,460 | +€595 | +68.9% |
| Suppliers | 440/4 | €864 | €1,460 | +€595 | +68.9% |
| Taxes, remuneration and social security | 45 | €5,040 | €250 | -€4,790 | -95.0% |
| Taxes | 450/3 | €5,040 | €250 | -€4,790 | -95.0% |
| Other amounts payable | 47/48 | €560 | €330 | -€230 | -41.0% |
| Accrued charges and deferred income | 492/3 | €127 | - | -€127 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,817 | €9,525 | +€4,708 | +97.7% |
| Other operating charges | 640/8 | €326 | €766 | +€440 | +134.9% |
| Gross operating margin | 9900 | €46,200 | €60,606 | +€14,405 | +31.2% |
| Operating profit (loss) | 9901 | €41,057 | €50,315 | +€9,258 | +22.5% |
| Financial income | 75/76B | €90 | €232 | +€142 | +158.4% |
| Recurring financial income | 75 | €90 | €232 | +€142 | +158.4% |
| Financial charges | 65/66B | €333 | €464 | +€132 | +39.5% |
| Recurring financial charges | 65 | €333 | €464 | +€132 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €40,814 | €50,082 | +€9,268 | +22.7% |
| Income taxes | 67/77 | €9,114 | €10,794 | +€1,681 | +18.4% |
| Profit (loss) for the period | 9904 | €31,701 | €39,288 | +€7,588 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,701 | €39,288 | +€7,588 | +23.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.