TBSA: 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.
TBSA
Largest movements
- Tangible fixed assets -€9,545
down €9,545 (-24.0%), from €39,746 to €30,201
of which Leasing and similar rights: -€7,626
- Stocks and contracts +€6,360
up €6,360 (+1682.1%), from €378 to €6,738
- Receivables within one year -€4,476
down €4,476 (-87.5%), from €5,116 to €640
of which Other amounts receivable: -€4,318
- Cash -€3,326
down €3,326 (-63.9%), from €5,207 to €1,881
mainly Debts after one year (-€7,443) and Stocks and contracts (-€6,360)
- Debts after one year -€7,443
down €7,443 (-27.0%), from €27,573 to €20,130
- Profit (loss) carried forward +€3,110
up €3,110 (+11.9%), from -€26,058 to -€22,948
- Tax, wage and social debts -€3,054
down €3,054 (-75.8%), from €4,029 to €975
- Other debts -€2,431
down €2,431 (-15.3%), from €15,838 to €13,407
- Trade debts -€1,701
down €1,701 (-34.3%), from €4,959 to €3,258
- Gross operating margin +€11,530
up €11,530 (+246.6%), from €4,675 to €16,206
- Other operating charges -€3,695
down €3,695 (-66.9%), from €5,525 to €1,830
- Depreciation +€3,388
up €3,388 (+55.0%), from €6,156 to €9,545
- Taxes -€547
down €547 (-86.8%), from €630 to €83
- Financial income -€485
down €485 (-89.6%), from €541 to €56
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 | €52,058 | €40,865 | -€11,193 | -21.5% |
| Fixed assets | 21/28 | €39,806 | €30,261 | -€9,545 | -24.0% |
| Tangible fixed assets | 22/27 | €39,746 | €30,201 | -€9,545 | -24.0% |
| Plant, machinery and equipment | 23 | €2,736 | €1,908 | -€828 | -30.3% |
| Furniture and vehicles | 24 | €3,078 | €1,988 | -€1,091 | -35.4% |
| Leasing and similar rights | 25 | €33,932 | €26,306 | -€7,626 | -22.5% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €12,252 | €10,604 | -€1,649 | -13.5% |
| Stocks and contracts in progress | 3 | €378 | €6,738 | +€6,360 | +1682.1% |
| Stocks | 30/36 | €378 | €6,738 | +€6,360 | +1682.1% |
| Amounts receivable within one year | 40/41 | €5,116 | €640 | -€4,476 | -87.5% |
| Trade receivables | 40 | €755 | €597 | -€158 | -20.9% |
| Other amounts receivable | 41 | €4,361 | €43 | -€4,318 | -99.0% |
| Cash at bank and in hand | 54/58 | €5,207 | €1,881 | -€3,326 | -63.9% |
| Deferred charges and accrued income | 490/1 | €1,551 | €1,344 | -€206 | -13.3% |
| Total equity and liabilities | 10/49 | €52,058 | €40,865 | -€11,193 | -21.5% |
| Equity | 10/15 | -€7,458 | -€4,348 | +€3,110 | +41.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,058 | -€22,948 | +€3,110 | +11.9% |
| Amounts payable | 17/49 | €59,516 | €45,213 | -€14,303 | -24.0% |
| Amounts payable after more than one year | 17 | €27,573 | €20,130 | -€7,443 | -27.0% |
| Financial debts | 170/4 | €27,573 | €20,130 | -€7,443 | -27.0% |
| Amounts payable within one year | 42/48 | €31,943 | €25,083 | -€6,861 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €7,117 | €7,443 | +€325 | +4.6% |
| Trade debts | 44 | €4,959 | €3,258 | -€1,701 | -34.3% |
| Suppliers | 440/4 | €4,959 | €3,258 | -€1,701 | -34.3% |
| Taxes, remuneration and social security | 45 | €4,029 | €975 | -€3,054 | -75.8% |
| Taxes | 450/3 | €4,029 | €975 | -€3,054 | -75.8% |
| Other amounts payable | 47/48 | €15,838 | €13,407 | -€2,431 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,156 | €9,545 | +€3,388 | +55.0% |
| Other operating charges | 640/8 | €5,525 | €1,830 | -€3,695 | -66.9% |
| Gross operating margin | 9900 | €4,675 | €16,206 | +€11,530 | +246.6% |
| Operating profit (loss) | 9901 | -€7,006 | €4,831 | +€11,837 | |
| Financial income | 75/76B | €541 | €56 | -€485 | -89.6% |
| Recurring financial income | 75 | €541 | €56 | -€485 | -89.6% |
| Financial charges | 65/66B | €1,381 | €1,694 | +€313 | +22.6% |
| Recurring financial charges | 65 | €1,381 | €1,694 | +€313 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,846 | €3,193 | +€11,039 | |
| Income taxes | 67/77 | €630 | €83 | -€547 | -86.8% |
| Profit (loss) for the period | 9904 | -€8,476 | €3,110 | +€11,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,476 | €3,110 | +€11,586 |
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 29 September 2026 via checked.be.