TA Finances: 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.
TA Finances
Largest movements
- Receivables within one year -€79,209
down €79,209 (-95.2%), from €83,246 to €4,037
of which Trade receivables: -€77,419
- Cash -€7,339
down €7,339 (-99.9%), from €7,347 to €8
mainly Other debts (-€93,793) and Trade debts (-€2,262)
- Tangible fixed assets -€1,241
no longer reported in 2024 (was €1,241)
- Other debts -€93,793
down €93,793 (-17.4%), from €538,890 to €445,097
- Profit (loss) carried forward +€8,266
up €8,266 (+1.1%), from -€739,721 to -€731,455
- Trade debts -€2,262
down €2,262 (-67.5%), from €3,349 to €1,087
- Financial charges -€649,878
no longer reported in 2024 (was €649,878)
of which Non-recurring financial charges: -€641,934
- Financial income +€341,934
up €341,934 (+114.0%), from €300,000 to €641,934
of which Financial income: +€641,934
- Write-downs +€82,503
up €82,503, from -€82,084 to €419
- Other operating charges -€79,531
down €79,531 (-96.4%), from €82,469 to €2,937
- Gross operating margin -€65,058
down €65,058 (-83.5%), from €77,921 to €12,863
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 | €91,834 | €4,045 | -€87,789 | -95.6% |
| Fixed assets | 21/28 | €1,241 | - | -€1,241 | |
| Tangible fixed assets | 22/27 | €1,241 | - | -€1,241 | |
| Furniture and vehicles | 24 | €1,241 | - | -€1,241 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €90,593 | €4,045 | -€86,548 | -95.5% |
| Amounts receivable within one year | 40/41 | €83,246 | €4,037 | -€79,209 | -95.2% |
| Trade receivables | 40 | €77,419 | - | -€77,419 | |
| Other amounts receivable | 41 | €5,827 | €4,037 | -€1,790 | -30.7% |
| Cash at bank and in hand | 54/58 | €7,347 | €8 | -€7,339 | -99.9% |
| Total equity and liabilities | 10/49 | €91,834 | €4,045 | -€87,789 | -95.6% |
| Equity | 10/15 | -€450,405 | -€442,139 | +€8,266 | +1.8% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €226,816 | €226,816 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €220,566 | €220,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€739,721 | -€731,455 | +€8,266 | +1.1% |
| Amounts payable | 17/49 | €542,239 | €446,184 | -€96,055 | -17.7% |
| Amounts payable within one year | 42/48 | €542,239 | €446,184 | -€96,055 | -17.7% |
| Trade debts | 44 | €3,349 | €1,087 | -€2,262 | -67.5% |
| Suppliers | 440/4 | €3,349 | €1,087 | -€2,262 | -67.5% |
| Other amounts payable | 47/48 | €538,890 | €445,097 | -€93,793 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €576 | €1,241 | +€665 | +115.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€82,084 | €419 | +€82,503 | |
| Other operating charges | 640/8 | €82,469 | €2,937 | -€79,531 | -96.4% |
| Non-recurring operating charges | 66A | €300,000 | €641,934 | +€341,934 | +114.0% |
| Gross operating margin | 9900 | €77,921 | €12,863 | -€65,058 | -83.5% |
| Operating profit (loss) | 9901 | -€223,040 | -€633,668 | -€410,628 | -184.1% |
| Financial income | 75/76B | €300,000 | €641,934 | +€341,934 | +114.0% |
| Recurring financial income | 75 | €0 | €641,934 | +€641,934 | +3209669900.0% |
| Non-recurring financial income | 76B | €300,000 | €641,934 | +€341,934 | +114.0% |
| Financial charges | 65/66B | €649,878 | - | -€649,878 | |
| Recurring financial charges | 65 | €7,944 | - | -€7,944 | |
| Non-recurring financial charges | 66B | €641,934 | - | -€641,934 | |
| Profit (loss) for the period before taxes | 9903 | -€572,917 | €8,266 | +€581,183 | |
| Profit (loss) for the period | 9904 | -€572,917 | €8,266 | +€581,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€572,917 | €8,266 | +€581,183 |
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 11 October 2026 via checked.be.