T & T CREATION: 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 CREATION
Largest movements
- Receivables within one year +€6,222
up €6,222 (+38.7%), from €16,080 to €22,302
of which Trade receivables: +€5,991
- Cash -€1,776
down €1,776 (-29.2%), from €6,079 to €4,303
mainly Advances received (-€7,000) and Receivables within one year (-€6,222)
- Advances received -€7,000
no longer reported in 2024 (was €7,000)
- Other debts +€6,661
up €6,661 (+187%), from €3,564 to €10,225
- Trade debts +€6,124
up €6,124 (+175%), from €3,508 to €9,633
- Tax, wage and social debts -€1,713
down €1,713 (-27.2%), from €6,294 to €4,580
of which Remuneration and social security: -€2,624
- Profit (loss) carried forward +€375
up €375 (+31.0%), from -€1,208 to -€833
- Turnover -€61,293
no longer reported in 2024 (was €61,293)
- Staff costs +€31,737
up €31,737 (+99.1%), from €32,018 to €63,754
- Gross operating margin +€30,198
up €30,198 (+86.1%), from €35,081 to €65,279
- Purchases and services -€26,212
no longer reported in 2024 (was €26,212)
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 | €22,158 | €26,605 | +€4,446 | +20.1% |
| Current assets | 29/58 | €22,158 | €26,605 | +€4,446 | +20.1% |
| Amounts receivable within one year | 40/41 | €16,080 | €22,302 | +€6,222 | +38.7% |
| Trade receivables | 40 | €15,000 | €20,991 | +€5,991 | +39.9% |
| Other amounts receivable | 41 | €1,080 | €1,311 | +€231 | +21.4% |
| Cash at bank and in hand | 54/58 | €6,079 | €4,303 | -€1,776 | -29.2% |
| Total equity and liabilities | 10/49 | €22,158 | €26,605 | +€4,446 | +20.1% |
| Equity | 10/15 | €1,792 | €2,167 | +€375 | +20.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,208 | -€833 | +€375 | +31.0% |
| Amounts payable | 17/49 | €20,366 | €24,437 | +€4,071 | +20.0% |
| Amounts payable within one year | 42/48 | €20,366 | €24,437 | +€4,071 | +20.0% |
| Trade debts | 44 | €3,508 | €9,633 | +€6,124 | +175% |
| Suppliers | 440/4 | €3,508 | €9,633 | +€6,124 | +175% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €6,294 | €4,580 | -€1,713 | -27.2% |
| Taxes | 450/3 | €1,855 | €2,766 | +€910 | +49.1% |
| Remuneration and social security | 454/9 | €4,438 | €1,814 | -€2,624 | -59.1% |
| Other amounts payable | 47/48 | €3,564 | €10,225 | +€6,661 | +187% |
| Turnover | 70 | €61,293 | - | -€61,293 | |
| Goods, raw materials, services and sundry goods | 60/61 | €26,212 | - | -€26,212 | |
| Remuneration, social security and pensions | 62 | €32,018 | €63,754 | +€31,737 | +99.1% |
| Other operating charges | 640/8 | €100 | - | -€100 | |
| Gross operating margin | 9900 | €35,081 | €65,279 | +€30,198 | +86.1% |
| Operating profit (loss) | 9901 | €2,963 | €1,525 | -€1,439 | -48.5% |
| Financial charges | 65/66B | €21 | €226 | +€205 | +976% |
| Recurring financial charges | 65 | €21 | €226 | +€205 | +976% |
| Profit (loss) for the period before taxes | 9903 | €2,942 | €1,299 | -€1,644 | -55.9% |
| Income taxes | 67/77 | €607 | €924 | +€317 | +52.3% |
| Profit (loss) for the period | 9904 | €2,336 | €375 | -€1,961 | -84.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,336 | €375 | -€1,961 | -84.0% |
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 17 October 2026 via checked.be.