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T3ACK: 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.

What changed

T3ACK

BE 0768.401.039
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€995
2023 · €797+€199
Equity
€21,873
2023 · €20,878+€995
Cash
€79,171
2023 · €67,114+€12,057
Balance sheet total
€130,266
2023 · €121,569+€8,697

Largest movements

2023 to 2024
Assets
  • Cash +€12,057

    up €12,057 (+18.0%), from €67,114 to €79,171

    mainly Trade debts (+€14,054) and Depreciation (+€11,077)

  • Receivables within one year -€3,441

    down €3,441 (-11.4%), from €30,063 to €26,622

    of which Trade receivables: -€3,441

Equity and liabilities
  • Trade debts +€14,054

    up €14,054 (+21.9%), from €64,044 to €78,098

  • Debts after one year -€8,648

    down €8,648 (-66.3%), from €13,036 to €4,388

  • Accrued charges and deferred income +€2,900

    up €2,900, from €0 to €2,900

Income statement
  • Gross operating margin +€2,172

    up €2,172 (+17.7%), from €12,277 to €14,449

  • Financial income -€1,040

    down €1,040 (-100.0%), from €1,040 to €0

  • Other operating charges +€980

    up €980 (+218.6%), from €448 to €1,428

  • Depreciation +€300

    up €300 (+2.8%), from €10,777 to €11,077

  • Taxes -€195

    down €195 (-84.5%), from €230 to €36

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €797
Gross operating margin +€2,172
Depreciation -€300
Other operating charges -€980
Financial income -€1,040
Financial charges +€152
Taxes +€195
Result 2024 €995

Cash bridge derived

cash 2023 to 2024

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.

From operations +€32,350
Investment -€11,158
Financing -€9,135
Cash 2023 €67,114
Net result for the year +€995
Depreciation +€11,077
Receivables within one year +€3,441
Trade debts +€14,054
Tax, wage and social debts -€195
Other debts +€77
Accrued charges and deferred income +€2,900
Investment in fixed assets (net) -€11,158
Debts after one year -€8,648
Current portion of long-term debt +€168
Short-term financial debts -€655
Cash 2024 €79,171
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €121,569 €130,266 +€8,697 +7.2%
Fixed assets 21/28 €24,392 €24,473 +€81 +0.3%
Tangible fixed assets 22/27 €24,392 €24,473 +€81 +0.3%
Plant, machinery and equipment 23 €24,392 €24,473 +€81 +0.3%
Other tangible fixed assets 26 €0 - =
Current assets 29/58 €97,177 €105,793 +€8,617 +8.9%
Amounts receivable within one year 40/41 €30,063 €26,622 -€3,441 -11.4%
Trade receivables 40 €30,063 €26,622 -€3,441 -11.4%
Other amounts receivable 41 €0 - =
Cash at bank and in hand 54/58 €67,114 €79,171 +€12,057 +18.0%
Deferred charges and accrued income 490/1 €0 - =
Total equity and liabilities 10/49 €121,569 €130,266 +€8,697 +7.2%
Equity 10/15 €20,878 €21,873 +€995 +4.8%
Contributions 10/11 €18,830 €18,830 = 0.0%
Profit (loss) carried forward 14 €2,048 €3,043 +€995 +48.6%
Amounts payable 17/49 €100,691 €108,393 +€7,702 +7.6%
Amounts payable after more than one year 17 €13,036 €4,388 -€8,648 -66.3%
Financial debts 170/4 €13,036 €4,388 -€8,648 -66.3%
Amounts payable within one year 42/48 €87,655 €101,105 +€13,450 +15.3%
Current portion of amounts payable after more than one year 42 €8,480 €8,648 +€168 +2.0%
Financial debts 43 €655 €0 -€655 -100.0%
Credit institutions 430/8 €655 €0 -€655 -100.0%
Trade debts 44 €64,044 €78,098 +€14,054 +21.9%
Suppliers 440/4 €64,044 €78,098 +€14,054 +21.9%
Taxes, remuneration and social security 45 €230 €36 -€195 -84.5%
Taxes 450/3 €230 €36 -€195 -84.5%
Other amounts payable 47/48 €14,246 €14,323 +€77 +0.5%
Accrued charges and deferred income 492/3 €0 €2,900 +€2,900
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,777 €11,077 +€300 +2.8%
Other operating charges 640/8 €448 €1,428 +€980 +218.6%
Gross operating margin 9900 €12,277 €14,449 +€2,172 +17.7%
Operating profit (loss) 9901 €1,052 €1,944 +€892 +84.8%
Financial income 75/76B €1,040 €0 -€1,040 -100.0%
Recurring financial income 75 €1,040 €0 -€1,040 -100.0%
Financial charges 65/66B €1,065 €913 -€152 -14.2%
Recurring financial charges 65 €1,065 €913 -€152 -14.2%
Profit (loss) for the period before taxes 9903 €1,027 €1,031 +€4 +0.4%
Income taxes 67/77 €230 €36 -€195 -84.5%
Profit (loss) for the period 9904 €797 €995 +€199 +24.9%
Profit (loss) for the period to be appropriated 9905 €797 €995 +€199 +24.9%

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 30 September 2026 via checked.be.