TAZ EXPRESS: 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.
TAZ EXPRESS
Largest movements
- Tangible fixed assets +€3,000
new in 2024: €3,000
- Stocks and contracts -€2,325
down €2,325 (-28.7%), from €8,100 to €5,775
- Receivables within one year -€2,242
no longer reported in 2024 (was €2,242)
- Cash -€973
down €973 (-39.3%), from €2,473 to €1,500
mainly Net result for the year (-€34,401) and Investment in fixed assets (net) (-€6,000)
- Profit (loss) carried forward -€34,401
down €34,401 (-1,815%), from -€1,895 to -€36,296
- Trade debts +€25,810
up €25,810 (+385%), from €6,710 to €32,521
- Tax, wage and social debts +€6,050
new in 2024: €6,050
of which Taxes: +€5,746
- Staff costs +€38,570
new in 2024: €38,570
- Purchases and services -€14,541
down €14,541 (-5.5%), from €262,315 to €247,773
- Turnover -€9,803
down €9,803 (-3.7%), from €266,695 to €256,892
- Gross operating margin +€4,738
up €4,738 (+108%), from €4,380 to €9,118
- Depreciation +€3,000
new in 2024: €3,000
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.
Derived cash bridge
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 | €12,815 | €10,275 | -€2,540 | -19.8% |
| Fixed assets | 21/28 | - | €3,000 | +€3,000 | |
| Tangible fixed assets | 22/27 | - | €3,000 | +€3,000 | |
| Leasing and similar rights | 25 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €12,815 | €7,275 | -€5,540 | -43.2% |
| Stocks and contracts in progress | 3 | €8,100 | €5,775 | -€2,325 | -28.7% |
| Stocks | 30/36 | €8,100 | €5,775 | -€2,325 | -28.7% |
| Amounts receivable within one year | 40/41 | €2,242 | - | -€2,242 | |
| Other amounts receivable | 41 | €2,242 | - | -€2,242 | |
| Cash at bank and in hand | 54/58 | €2,473 | €1,500 | -€973 | -39.3% |
| Total equity and liabilities | 10/49 | €12,815 | €10,275 | -€2,540 | -19.8% |
| Equity | 10/15 | €6,105 | -€28,296 | -€34,401 | |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,895 | -€36,296 | -€34,401 | -1,815% |
| Amounts payable | 17/49 | €6,710 | €38,571 | +€31,860 | +475% |
| Amounts payable within one year | 42/48 | €6,710 | €38,571 | +€31,860 | +475% |
| Trade debts | 44 | €6,710 | €32,521 | +€25,810 | +385% |
| Suppliers | 440/4 | €6,710 | €32,521 | +€25,810 | +385% |
| Taxes, remuneration and social security | 45 | - | €6,050 | +€6,050 | |
| Taxes | 450/3 | - | €5,746 | +€5,746 | |
| Remuneration and social security | 454/9 | - | €304 | +€304 | |
| Turnover | 70 | €266,695 | €256,892 | -€9,803 | -3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €262,315 | €247,773 | -€14,541 | -5.5% |
| Remuneration, social security and pensions | 62 | - | €38,570 | +€38,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,000 | +€3,000 | |
| Other operating charges | 640/8 | €270 | €350 | +€80 | +29.6% |
| Non-recurring operating charges | 66A | €208 | - | -€208 | |
| Gross operating margin | 9900 | €4,380 | €9,118 | +€4,738 | +108% |
| Operating profit (loss) | 9901 | €3,902 | -€32,801 | -€36,704 | |
| Financial charges | 65/66B | €320 | €1,599 | +€1,279 | +400% |
| Recurring financial charges | 65 | €320 | €1,599 | +€1,279 | +400% |
| Profit (loss) for the period before taxes | 9903 | €3,582 | -€34,401 | -€37,983 | |
| Profit (loss) for the period | 9904 | €3,582 | -€34,401 | -€37,983 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,582 | -€34,401 | -€37,983 |
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 16 October 2026 via checked.be.