TBLI: what changed
Two fiscal 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.
TBLI
Largest movements
- Receivables within one year +€415,571
up €415,571 (+337.1%), from €123,276 to €538,847
of which Trade receivables: +€409,900
- Cash +€13,793
up €13,793 (+2138.4%), from €645 to €14,438
mainly Trade debts (+€415,264) and Other debts (+€74,083)
- Trade debts +€415,264
new in 2024: €415,264
- Other debts +€74,083
up €74,083 (+95.4%), from €77,639 to €151,722
- Advances received -€47,829
no longer reported in 2024 (was €47,829)
- Profit (loss) carried forward -€11,232
down €11,232 (-72.1%), from -€15,587 to -€26,819
- Staff costs +€26,684
up €26,684 (+75.1%), from €35,545 to €62,229
- Gross operating margin -€12,870
down €12,870 (-16.3%), from €78,988 to €66,118
- Other operating charges +€2,704
new in 2024: €2,704
- Depreciation +€798
up €798 (+102.3%), from €780 to €1,578
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 | €133,808 | €564,037 | +€430,229 | +321.5% |
| Fixed assets | 21/28 | €9,887 | €10,753 | +€866 | +8.8% |
| Tangible fixed assets | 22/27 | €837 | €1,703 | +€866 | +103.5% |
| Plant, machinery and equipment | 23 | €837 | €1,703 | +€866 | +103.5% |
| Financial fixed assets | 28 | €9,050 | €9,050 | -€0 | 0.0% |
| Current assets | 29/58 | €123,921 | €553,285 | +€429,364 | +346.5% |
| Amounts receivable within one year | 40/41 | €123,276 | €538,847 | +€415,571 | +337.1% |
| Trade receivables | 40 | €107,707 | €517,607 | +€409,900 | +380.6% |
| Other amounts receivable | 41 | €15,569 | €21,241 | +€5,672 | +36.4% |
| Cash at bank and in hand | 54/58 | €645 | €14,438 | +€13,793 | +2138.4% |
| Total equity and liabilities | 10/49 | €133,808 | €564,037 | +€430,229 | +321.5% |
| Equity | 10/15 | €5,313 | -€5,919 | -€11,232 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,587 | -€26,819 | -€11,232 | -72.1% |
| Amounts payable | 17/49 | €128,495 | €569,957 | +€441,462 | +343.6% |
| Amounts payable within one year | 42/48 | €128,375 | €569,837 | +€441,462 | +343.9% |
| Financial debts | 43 | €2,907 | €55 | -€2,852 | -98.1% |
| Credit institutions | 430/8 | €2,907 | €55 | -€2,852 | -98.1% |
| Trade debts | 44 | - | €415,264 | +€415,264 | |
| Suppliers | 440/4 | - | €415,264 | +€415,264 | |
| Advances received on contracts in progress | 46 | €47,829 | - | -€47,829 | |
| Taxes, remuneration and social security | 45 | - | €2,795 | +€2,795 | |
| Taxes | 450/3 | - | €551 | +€551 | |
| Remuneration and social security | 454/9 | - | €2,244 | +€2,244 | |
| Other amounts payable | 47/48 | €77,639 | €151,722 | +€74,083 | +95.4% |
| Accrued charges and deferred income | 492/3 | €120 | €120 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €35,545 | €62,229 | +€26,684 | +75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €780 | €1,578 | +€798 | +102.3% |
| Other operating charges | 640/8 | - | €2,704 | +€2,704 | |
| Non-recurring operating charges | 66A | - | €10,604 | +€10,604 | |
| Gross operating margin | 9900 | €78,988 | €66,118 | -€12,870 | -16.3% |
| Operating profit (loss) | 9901 | €42,663 | -€10,996 | -€53,659 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €594 | €240 | -€354 | -59.6% |
| Recurring financial charges | 65 | €594 | €240 | -€354 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €42,069 | -€11,233 | -€53,302 | |
| Profit (loss) for the period | 9904 | €42,069 | -€11,233 | -€53,302 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,069 | -€11,233 | -€53,302 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.