TAYSEER: 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.
TAYSEER
Largest movements
- Financial fixed assets +€550,000
new in 2024: €550,000
- Receivables within one year +€343,000
up €343,000 (+553.4%), from €61,982 to €404,982
of which Trade receivables: +€343,000
- Debts after one year +€553,762
up €553,762 (+139.4%), from €397,390 to €951,152
- Trade debts +€99,604
up €99,604 (+164.9%), from €60,390 to €159,994
of which Suppliers: +€99,604
- Profit (loss) carried forward +€87,216
up €87,216 (+230.5%), from €37,841 to €125,057
- Tax, wage and social debts +€60,543
up €60,543 (+228.6%), from €26,486 to €87,029
of which Taxes: +€30,543
- Other debts +€44,621
up €44,621 (+39.4%), from €113,230 to €157,851
- Gross operating margin +€112,416
up €112,416 (+201.8%), from €55,696 to €168,111
- Financial charges +€28,190
up €28,190, from -€1,440 to €26,750
- Depreciation +€18,046
up €18,046 (+298.0%), from €6,055 to €24,102
- Taxes +€13,476
up €13,476 (+121.8%), from €11,067 to €24,543
- Other operating charges +€3,328
up €3,328 (+153.2%), from €2,172 to €5,500
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 | €655,181 | €1,527,678 | +€872,497 | +133.2% |
| Fixed assets | 21/28 | €562,674 | €1,102,200 | +€539,526 | +95.9% |
| Tangible fixed assets | 22/27 | €562,674 | €552,200 | -€10,474 | -1.9% |
| Land and buildings | 22 | €550,188 | €533,538 | -€16,650 | -3.0% |
| Furniture and vehicles | 24 | €12,486 | €18,662 | +€6,176 | +49.5% |
| Financial fixed assets | 28 | - | €550,000 | +€550,000 | |
| Current assets | 29/58 | €92,507 | €425,478 | +€332,971 | +359.9% |
| Amounts receivable within one year | 40/41 | €61,982 | €404,982 | +€343,000 | +553.4% |
| Trade receivables | 40 | €54,918 | €397,918 | +€343,000 | +624.6% |
| Other amounts receivable | 41 | €7,064 | €7,064 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,525 | €20,496 | -€10,029 | -32.9% |
| Total equity and liabilities | 10/49 | €655,181 | €1,527,678 | +€872,497 | +133.2% |
| Equity | 10/15 | €37,841 | €125,057 | +€87,216 | +230.5% |
| Profit (loss) carried forward | 14 | €37,841 | €125,057 | +€87,216 | +230.5% |
| Amounts payable | 17/49 | €617,340 | €1,402,621 | +€785,281 | +127.2% |
| Amounts payable after more than one year | 17 | €397,390 | €951,152 | +€553,762 | +139.4% |
| Financial debts | 170/4 | €397,390 | €951,152 | +€553,762 | +139.4% |
| Amounts payable within one year | 42/48 | €219,950 | €451,469 | +€231,518 | +105.3% |
| Current portion of amounts payable after more than one year | 42 | €19,845 | €46,595 | +€26,750 | +134.8% |
| Trade debts | 44 | €60,390 | €159,994 | +€99,604 | +164.9% |
| Suppliers | 440/4 | €2,726 | €102,330 | +€99,604 | +3654.5% |
| Bills of exchange payable | 441 | €57,664 | €57,664 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €26,486 | €87,029 | +€60,543 | +228.6% |
| Taxes | 450/3 | €26,367 | €56,910 | +€30,543 | +115.8% |
| Remuneration and social security | 454/9 | €119 | €30,119 | +€30,000 | +25210.1% |
| Other amounts payable | 47/48 | €113,230 | €157,851 | +€44,621 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,055 | €24,102 | +€18,046 | +298.0% |
| Other operating charges | 640/8 | €2,172 | €5,500 | +€3,328 | +153.2% |
| Gross operating margin | 9900 | €55,696 | €168,111 | +€112,416 | +201.8% |
| Operating profit (loss) | 9901 | €47,468 | €138,509 | +€91,042 | +191.8% |
| Financial charges | 65/66B | -€1,440 | €26,750 | +€28,190 | |
| Recurring financial charges | 65 | -€1,440 | €26,750 | +€28,190 | |
| Profit (loss) for the period before taxes | 9903 | €48,907 | €111,759 | +€62,852 | +128.5% |
| Income taxes | 67/77 | €11,067 | €24,543 | +€13,476 | +121.8% |
| Profit (loss) for the period | 9904 | €37,841 | €87,216 | +€49,376 | +130.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,841 | €87,216 | +€49,376 | +130.5% |
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 12 October 2026 via checked.be.