TAD SERVICES: 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.
TAD SERVICES
Largest movements
- Cash +€16,423
up €16,423 (+154.4%), from €10,638 to €27,061
mainly Tax, wage and social debts (+€19,151) and Investment in fixed assets (net) (+€14,000)
- Financial fixed assets -€14,000
no longer reported in 2024 (was €14,000)
- Tangible fixed assets -€12,100
down €12,100 (-20.9%), from €57,875 to €45,775
- Receivables within one year +€5,354
up €5,354 (+20.5%), from €26,076 to €31,430
of which Trade receivables: +€5,245
- Tax, wage and social debts +€19,151
up €19,151 (+369.0%), from €5,190 to €24,341
of which Taxes: +€10,432
- Debts after one year -€17,984
down €17,984 (-63.4%), from €28,347 to €10,363
- Trade debts -€14,880
down €14,880 (-47.1%), from €31,599 to €16,719
- Profit (loss) carried forward +€10,413
up €10,413 (+59.3%), from €17,552 to €27,965
- Current portion of long-term debt -€1,105
down €1,105 (-9.3%), from €11,893 to €10,788
- Turnover +€180,428
up €180,428 (+215.2%), from €83,859 to €264,287
- Purchases and services +€138,742
up €138,742 (+220.8%), from €62,830 to €201,572
- Gross operating margin +€41,686
up €41,686 (+198.2%), from €21,029 to €62,715
- Staff costs +€30,196
new in 2024: €30,196
- Depreciation +€9,475
up €9,475 (+361.0%), from €2,625 to €12,100
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 | €108,589 | €104,266 | -€4,323 | -4.0% |
| Fixed assets | 21/28 | €71,875 | €45,775 | -€26,100 | -36.3% |
| Tangible fixed assets | 22/27 | €57,875 | €45,775 | -€12,100 | -20.9% |
| Furniture and vehicles | 24 | €57,875 | €45,775 | -€12,100 | -20.9% |
| Financial fixed assets | 28 | €14,000 | - | -€14,000 | |
| Current assets | 29/58 | €36,714 | €58,491 | +€21,777 | +59.3% |
| Amounts receivable within one year | 40/41 | €26,076 | €31,430 | +€5,354 | +20.5% |
| Trade receivables | 40 | €17,739 | €22,984 | +€5,245 | +29.6% |
| Other amounts receivable | 41 | €8,337 | €8,446 | +€109 | +1.3% |
| Cash at bank and in hand | 54/58 | €10,638 | €27,061 | +€16,423 | +154.4% |
| Total equity and liabilities | 10/49 | €108,589 | €104,266 | -€4,323 | -4.0% |
| Equity | 10/15 | €30,816 | €41,229 | +€10,413 | +33.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €864 | €864 | = | 0.0% |
| Non-distributable reserves | 130/1 | €864 | €864 | = | 0.0% |
| Reserves not available under the articles | 1311 | €864 | €864 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,552 | €27,965 | +€10,413 | +59.3% |
| Amounts payable | 17/49 | €77,773 | €63,037 | -€14,736 | -18.9% |
| Amounts payable after more than one year | 17 | €28,347 | €10,363 | -€17,984 | -63.4% |
| Financial debts | 170/4 | €28,347 | €10,363 | -€17,984 | -63.4% |
| Amounts payable within one year | 42/48 | €48,682 | €51,848 | +€3,166 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €11,893 | €10,788 | -€1,105 | -9.3% |
| Trade debts | 44 | €31,599 | €16,719 | -€14,880 | -47.1% |
| Suppliers | 440/4 | €31,599 | €16,719 | -€14,880 | -47.1% |
| Taxes, remuneration and social security | 45 | €5,190 | €24,341 | +€19,151 | +369.0% |
| Taxes | 450/3 | €5,190 | €15,622 | +€10,432 | +201.0% |
| Remuneration and social security | 454/9 | - | €8,719 | +€8,719 | |
| Accrued charges and deferred income | 492/3 | €744 | €826 | +€82 | +11.0% |
| Turnover | 70 | €83,859 | €264,287 | +€180,428 | +215.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €62,830 | €201,572 | +€138,742 | +220.8% |
| Remuneration, social security and pensions | 62 | - | €30,196 | +€30,196 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,625 | €12,100 | +€9,475 | +361.0% |
| Other operating charges | 640/8 | €1,853 | €4,425 | +€2,572 | +138.8% |
| Gross operating margin | 9900 | €21,029 | €62,715 | +€41,686 | +198.2% |
| Operating profit (loss) | 9901 | €16,551 | €15,994 | -€557 | -3.4% |
| Financial charges | 65/66B | €583 | €2,415 | +€1,832 | +314.2% |
| Recurring financial charges | 65 | €583 | €2,415 | +€1,832 | +314.2% |
| Profit (loss) for the period before taxes | 9903 | €15,968 | €13,579 | -€2,389 | -15.0% |
| Income taxes | 67/77 | €3,428 | €3,166 | -€262 | -7.6% |
| Profit (loss) for the period | 9904 | €12,540 | €10,413 | -€2,127 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,540 | €10,413 | -€2,127 | -17.0% |
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 11 October 2026 via checked.be.