Tanghe & Compeers: 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.
Tanghe & Compeers
Largest movements
- Receivables within one year +€61,982
up €61,982 (+92.8%), from €66,798 to €128,780
of which Other amounts receivable: +€60,935
- Cash +€14,770
up €14,770 (+241%), from €6,124 to €20,894
mainly Net result for the year (+€68,407) and Depreciation (+€31,341)
- Intangible fixed assets -€12,359
down €12,359 (-13.5%), from €91,657 to €79,297
- Current investments -€6,999
down €6,999 (-46.5%), from €15,052 to €8,053
- Reserves +€59,007
up €59,007 (+69.9%), from €84,469 to €143,476
- Debts after one year -€37,497
down €37,497 (-19.7%), from €190,526 to €153,029
of which Financial debts: -€36,937
- Tax, wage and social debts +€28,440
up €28,440 (+67.9%), from €41,860 to €70,299
of which Remuneration and social security: +€15,140
- Trade debts +€11,208
up €11,208 (+80.1%), from €13,999 to €25,207
- Accrued charges and deferred income -€8,819
down €8,819 (-86.9%), from €10,153 to €1,334
- Staff costs -€97,714
down €97,714 (-48.7%), from €200,515 to €102,801
- Taxes +€26,094
up €26,094 (+871%), from €2,995 to €29,089
- Gross operating margin -€6,107
down €6,107 (-2.4%), from €255,133 to €249,027
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €384,885 | €434,652 | +€49,767 | +12.9% |
| Fixed assets | 21/28 | €288,734 | €272,295 | -€16,439 | -5.7% |
| Intangible fixed assets | 21 | €91,657 | €79,297 | -€12,359 | -13.5% |
| Tangible fixed assets | 22/27 | €194,478 | €190,398 | -€4,080 | -2.1% |
| Land and buildings | 22 | €168,182 | €163,104 | -€5,078 | -3.0% |
| Plant, machinery and equipment | 23 | €7,399 | €10,688 | +€3,289 | +44.5% |
| Furniture and vehicles | 24 | €18,896 | €16,606 | -€2,291 | -12.1% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €96,151 | €162,357 | +€66,206 | +68.9% |
| Amounts receivable within one year | 40/41 | €66,798 | €128,780 | +€61,982 | +92.8% |
| Trade receivables | 40 | €50,427 | €51,474 | +€1,047 | +2.1% |
| Other amounts receivable | 41 | €16,371 | €77,306 | +€60,935 | +372% |
| Current investments | 50/53 | €15,052 | €8,053 | -€6,999 | -46.5% |
| Cash at bank and in hand | 54/58 | €6,124 | €20,894 | +€14,770 | +241% |
| Deferred charges and accrued income | 490/1 | €8,177 | €4,630 | -€3,547 | -43.4% |
| Total equity and liabilities | 10/49 | €384,885 | €434,652 | +€49,767 | +12.9% |
| Equity | 10/15 | €84,839 | €143,846 | +€59,007 | +69.6% |
| Contributions | 10/11 | €370 | €370 | = | 0.0% |
| Reserves | 13 | €84,469 | €143,476 | +€59,007 | +69.9% |
| Distributable reserves | 133 | €84,469 | €143,476 | +€59,007 | +69.9% |
| Amounts payable | 17/49 | €300,046 | €290,806 | -€9,241 | -3.1% |
| Amounts payable after more than one year | 17 | €190,526 | €153,029 | -€37,497 | -19.7% |
| Financial debts | 170/4 | €188,641 | €151,704 | -€36,937 | -19.6% |
| Other amounts payable | 178/9 | €1,885 | €1,325 | -€560 | -29.7% |
| Amounts payable within one year | 42/48 | €99,367 | €136,443 | +€37,076 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €36,009 | €36,937 | +€928 | +2.6% |
| Financial debts | 43 | €7,500 | - | -€7,500 | |
| Credit institutions | 430/8 | €7,500 | - | -€7,500 | |
| Trade debts | 44 | €13,999 | €25,207 | +€11,208 | +80.1% |
| Suppliers | 440/4 | €13,999 | €25,207 | +€11,208 | +80.1% |
| Taxes, remuneration and social security | 45 | €41,860 | €70,299 | +€28,440 | +67.9% |
| Taxes | 450/3 | €29,857 | €43,157 | +€13,300 | +44.5% |
| Remuneration and social security | 454/9 | €12,003 | €27,142 | +€15,140 | +126% |
| Other amounts payable | 47/48 | - | €4,000 | +€4,000 | |
| Accrued charges and deferred income | 492/3 | €10,153 | €1,334 | -€8,819 | -86.9% |
| Non-recurring operating income | 76A | €7,553 | - | -€7,553 | |
| Remuneration, social security and pensions | 62 | €200,515 | €102,801 | -€97,714 | -48.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,371 | €31,341 | -€30 | -0.1% |
| Other operating charges | 640/8 | €8,028 | €5,487 | -€2,541 | -31.7% |
| Non-recurring operating charges | 66A | €649 | - | -€649 | |
| Gross operating margin | 9900 | €255,133 | €249,027 | -€6,107 | -2.4% |
| Operating profit (loss) | 9901 | €14,570 | €109,397 | +€94,827 | +651% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Financial charges | 65/66B | €13,244 | €11,901 | -€1,343 | -10.1% |
| Recurring financial charges | 65 | €13,244 | €11,901 | -€1,343 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €1,332 | €97,497 | +€96,165 | +7,220% |
| Income taxes | 67/77 | €2,995 | €29,089 | +€26,094 | +871% |
| Profit (loss) for the period | 9904 | -€1,663 | €68,407 | +€70,070 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,663 | €68,407 | +€70,070 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.