T & T CLEAN: 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 & T CLEAN
Largest movements
- Cash +€121,538
up €121,538 (+90.9%), from €133,717 to €255,255
mainly Net result for the year (+€99,337) and Tax, wage and social debts (+€63,310)
- Reserves +€90,000
up €90,000 (+122%), from €73,946 to €163,946
of which Distributable reserves: +€90,000
- Tax, wage and social debts +€63,310
up €63,310 (+28.8%), from €220,067 to €283,377
of which Taxes: +€64,654
- Other debts -€41,399
down €41,399 (-88.0%), from €47,061 to €5,662
- Trade debts +€16,280
up €16,280 (+16.6%), from €98,067 to €114,347
- Debts after one year -€11,171
down €11,171 (-76.8%), from €14,544 to €3,373
- Gross operating margin +€61,426
up €61,426 (+5.4%), from €1.1m to €1.2m
- Taxes +€46,486
up €46,486 (+481%), from €9,671 to €56,157
- Staff costs -€31,928
down €31,928 (-3.0%), from €1.0m to €1.0m
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.
Derived cash bridge
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 | €760,102 | €897,656 | +€137,554 | +18.1% |
| Fixed assets | 21/28 | €164,597 | €171,208 | +€6,611 | +4.0% |
| Tangible fixed assets | 22/27 | €163,027 | €165,368 | +€2,341 | +1.4% |
| Land and buildings | 22 | €144,055 | €134,305 | -€9,750 | -6.8% |
| Plant, machinery and equipment | 23 | €7,950 | €5,792 | -€2,158 | -27.1% |
| Furniture and vehicles | 24 | €11,022 | €25,271 | +€14,249 | +129% |
| Financial fixed assets | 28 | €1,570 | €5,840 | +€4,270 | +272% |
| Current assets | 29/58 | €595,505 | €726,448 | +€130,943 | +22.0% |
| Amounts receivable within one year | 40/41 | €453,818 | €457,541 | +€3,723 | +0.8% |
| Trade receivables | 40 | €405,418 | €437,185 | +€31,767 | +7.8% |
| Other amounts receivable | 41 | €48,400 | €20,356 | -€28,044 | -57.9% |
| Cash at bank and in hand | 54/58 | €133,717 | €255,255 | +€121,538 | +90.9% |
| Deferred charges and accrued income | 490/1 | €7,970 | €13,652 | +€5,682 | +71.3% |
| Total equity and liabilities | 10/49 | €760,102 | €897,656 | +€137,554 | +18.1% |
| Equity | 10/15 | €334,813 | €434,150 | +€99,337 | +29.7% |
| Contributions | 10/11 | €13,924 | €13,924 | = | 0.0% |
| Capital | 10 | €13,924 | €13,924 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €4,676 | €4,676 | = | 0.0% |
| Reserves | 13 | €73,946 | €163,946 | +€90,000 | +122% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,086 | €32,086 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €130,000 | +€90,000 | +225% |
| Profit (loss) carried forward | 14 | €246,943 | €256,280 | +€9,337 | +3.8% |
| Amounts payable | 17/49 | €425,289 | €463,506 | +€38,217 | +9.0% |
| Amounts payable after more than one year | 17 | €14,544 | €3,373 | -€11,171 | -76.8% |
| Financial debts | 170/4 | €14,544 | €3,373 | -€11,171 | -76.8% |
| Amounts payable within one year | 42/48 | €410,745 | €459,383 | +€48,638 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €45,550 | €55,997 | +€10,447 | +22.9% |
| Trade debts | 44 | €98,067 | €114,347 | +€16,280 | +16.6% |
| Suppliers | 440/4 | €98,067 | €114,347 | +€16,280 | +16.6% |
| Taxes, remuneration and social security | 45 | €220,067 | €283,377 | +€63,310 | +28.8% |
| Taxes | 450/3 | €26,605 | €91,259 | +€64,654 | +243% |
| Remuneration and social security | 454/9 | €193,462 | €192,118 | -€1,344 | -0.7% |
| Other amounts payable | 47/48 | €47,061 | €5,662 | -€41,399 | -88.0% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Remuneration, social security and pensions | 62 | €1,048,282 | €1,016,354 | -€31,928 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,166 | €19,158 | -€4,008 | -17.3% |
| Other operating charges | 640/8 | €5,652 | €3,028 | -€2,624 | -46.4% |
| Gross operating margin | 9900 | €1,133,740 | €1,195,166 | +€61,426 | +5.4% |
| Operating profit (loss) | 9901 | €56,640 | €156,626 | +€99,986 | +177% |
| Financial income | 75/76B | €789 | €1,398 | +€609 | +77.2% |
| Recurring financial income | 75 | €789 | €1,398 | +€609 | +77.2% |
| Financial charges | 65/66B | €5,513 | €2,530 | -€2,983 | -54.1% |
| Recurring financial charges | 65 | €5,513 | €2,530 | -€2,983 | -54.1% |
| Profit (loss) for the period before taxes | 9903 | €51,916 | €155,494 | +€103,578 | +200% |
| Income taxes | 67/77 | €9,671 | €56,157 | +€46,486 | +481% |
| Profit (loss) for the period | 9904 | €42,245 | €99,337 | +€57,092 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €42,245 | €99,337 | +€57,092 | +135% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.