TC BW: 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.
TC BW
Largest movements
- Receivables within one year -€16,352
down €16,352 (-62.0%), from €26,366 to €10,014
of which Other amounts receivable: -€16,235
- Tangible fixed assets -€15,676
down €15,676 (-41.4%), from €37,820 to €22,144
- Cash +€1,725
up €1,725 (+7.6%), from €22,840 to €24,566
mainly Receivables within one year (+€16,352) and Depreciation (+€15,676)
- Financial fixed assets +€1,600
up €1,600 (+25.5%), from €6,269 to €7,869
- Trade debts -€21,719
down €21,719 (-69.2%), from €31,366 to €9,646
- Profit (loss) carried forward -€14,784
down €14,784 (-27.1%), from €54,561 to €39,777
- Other debts +€6,000
new in 2024: €6,000
- Tax, wage and social debts +€2,473
up €2,473 (+81.6%), from €3,031 to €5,503
of which Remuneration and social security: +€2,088
- Gross operating margin -€14,496
down €14,496 (-21.4%), from €67,786 to €53,290
- Staff costs -€14,019
down €14,019 (-24.9%), from €56,239 to €42,221
- Depreciation +€8,302
up €8,302 (+112.6%), from €7,373 to €15,676
- Taxes +€4,661
up €4,661 (+164.6%), from €2,833 to €7,494
- Other operating charges +€1,365
up €1,365 (+157.2%), from €868 to €2,233
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 | €95,958 | €67,927 | -€28,031 | -29.2% |
| Fixed assets | 21/28 | €44,089 | €30,013 | -€14,076 | -31.9% |
| Tangible fixed assets | 22/27 | €37,820 | €22,144 | -€15,676 | -41.4% |
| Furniture and vehicles | 24 | €37,820 | €22,144 | -€15,676 | -41.4% |
| Financial fixed assets | 28 | €6,269 | €7,869 | +€1,600 | +25.5% |
| Current assets | 29/58 | €51,869 | €37,914 | -€13,955 | -26.9% |
| Amounts receivable within one year | 40/41 | €26,366 | €10,014 | -€16,352 | -62.0% |
| Trade receivables | 40 | €117 | - | -€117 | |
| Other amounts receivable | 41 | €26,249 | €10,014 | -€16,235 | -61.9% |
| Cash at bank and in hand | 54/58 | €22,840 | €24,566 | +€1,725 | +7.6% |
| Deferred charges and accrued income | 490/1 | €2,662 | €3,335 | +€672 | +25.2% |
| Total equity and liabilities | 10/49 | €95,958 | €67,927 | -€28,031 | -29.2% |
| Equity | 10/15 | €61,561 | €46,777 | -€14,784 | -24.0% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,561 | €39,777 | -€14,784 | -27.1% |
| Amounts payable | 17/49 | €34,396 | €21,150 | -€13,247 | -38.5% |
| Amounts payable within one year | 42/48 | €34,396 | €21,150 | -€13,247 | -38.5% |
| Trade debts | 44 | €31,366 | €9,646 | -€21,719 | -69.2% |
| Suppliers | 440/4 | €31,366 | €9,646 | -€21,719 | -69.2% |
| Taxes, remuneration and social security | 45 | €3,031 | €5,503 | +€2,473 | +81.6% |
| Taxes | 450/3 | €176 | €561 | +€385 | +218.0% |
| Remuneration and social security | 454/9 | €2,854 | €4,942 | +€2,088 | +73.2% |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €56,239 | €42,221 | -€14,019 | -24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,373 | €15,676 | +€8,302 | +112.6% |
| Other operating charges | 640/8 | €868 | €2,233 | +€1,365 | +157.2% |
| Non-recurring operating charges | 66A | €38 | €116 | +€78 | +205.3% |
| Gross operating margin | 9900 | €67,786 | €53,290 | -€14,496 | -21.4% |
| Operating profit (loss) | 9901 | €3,268 | -€6,955 | -€10,223 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €325 | €335 | +€10 | +3.2% |
| Recurring financial charges | 65 | €325 | €335 | +€10 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €2,947 | -€7,290 | -€10,237 | |
| Income taxes | 67/77 | €2,833 | €7,494 | +€4,661 | +164.6% |
| Profit (loss) for the period | 9904 | €114 | -€14,784 | -€14,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €114 | -€14,784 | -€14,898 |
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 10 October 2026 via checked.be.