TCrew: 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.
TCrew
Largest movements
- Cash +€446,984
up €446,984 (+233%), from €192,021 to €639,006
mainly Trade debts (+€190,765) and Tax, wage and social debts (+€171,892)
- Receivables after one year +€161,163
up €161,163 (+977%), from €16,500 to €177,663
- Receivables within one year +€52,317
up €52,317 (+7.5%), from €698,744 to €751,061
of which Trade receivables: +€181,156
- Tangible fixed assets +€44,778
up €44,778 (+49.8%), from €89,948 to €134,725
of which Leasing and similar rights: +€54,849
- Deferred charges and accrued income -€17,208
down €17,208 (-70.8%), from €24,317 to €7,110
- Trade debts +€190,765
up €190,765 (+49.6%), from €384,898 to €575,663
- Tax, wage and social debts +€171,892
up €171,892 (+50.1%), from €342,947 to €514,839
of which Taxes: +€126,091
- Short-term financial debts +€108,026
up €108,026 (+257%), from €41,974 to €150,000
- Other debts +€103,600
new in 2024: €103,600
- Reserves +€66,968
up €66,968 (+234%), from €28,619 to €95,587
of which Distributable reserves: +€66,968
- Gross operating margin +€369,996
up €369,996 (+32.6%), from €1.1m to €1.5m
- Staff costs +€272,056
up €272,056 (+25.2%), from €1.1m to €1.4m
- Taxes +€32,880
up €32,880 (+160%), from €20,604 to €53,484
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 | €1,023,885 | €1,711,919 | +€688,034 | +67.2% |
| Fixed assets | 21/28 | €92,302 | €137,079 | +€44,778 | +48.5% |
| Tangible fixed assets | 22/27 | €89,948 | €134,725 | +€44,778 | +49.8% |
| Land and buildings | 22 | €76,730 | €66,465 | -€10,265 | -13.4% |
| Plant, machinery and equipment | 23 | - | €4,878 | +€4,878 | |
| Furniture and vehicles | 24 | €13,218 | €8,533 | -€4,684 | -35.4% |
| Leasing and similar rights | 25 | - | €54,849 | +€54,849 | |
| Financial fixed assets | 28 | €2,354 | €2,354 | = | 0.0% |
| Current assets | 29/58 | €931,583 | €1,574,839 | +€643,256 | +69.0% |
| Amounts receivable after more than one year | 29 | €16,500 | €177,663 | +€161,163 | +977% |
| Trade receivables | 290 | €16,500 | €177,663 | +€161,163 | +977% |
| Amounts receivable within one year | 40/41 | €698,744 | €751,061 | +€52,317 | +7.5% |
| Trade receivables | 40 | €551,698 | €732,855 | +€181,156 | +32.8% |
| Other amounts receivable | 41 | €147,046 | €18,206 | -€128,840 | -87.6% |
| Cash at bank and in hand | 54/58 | €192,021 | €639,006 | +€446,984 | +233% |
| Deferred charges and accrued income | 490/1 | €24,317 | €7,110 | -€17,208 | -70.8% |
| Total equity and liabilities | 10/49 | €1,023,885 | €1,711,919 | +€688,034 | +67.2% |
| Equity | 10/15 | €192,768 | €259,735 | +€66,968 | +34.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,619 | €95,587 | +€66,968 | +234% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,759 | €93,727 | +€66,968 | +250% |
| Profit (loss) carried forward | 14 | €157,949 | €157,949 | = | 0.0% |
| Amounts payable | 17/49 | €831,117 | €1,452,183 | +€621,066 | +74.7% |
| Amounts payable after more than one year | 17 | €52,209 | €87,353 | +€35,144 | +67.3% |
| Financial debts | 170/4 | €52,209 | €87,353 | +€35,144 | +67.3% |
| Amounts payable within one year | 42/48 | €778,643 | €1,363,612 | +€584,969 | +75.1% |
| Current portion of amounts payable after more than one year | 42 | €8,824 | €19,511 | +€10,686 | +121% |
| Financial debts | 43 | €41,974 | €150,000 | +€108,026 | +257% |
| Credit institutions | 430/8 | €41,974 | €150,000 | +€108,026 | +257% |
| Trade debts | 44 | €384,898 | €575,663 | +€190,765 | +49.6% |
| Suppliers | 440/4 | €384,898 | €575,663 | +€190,765 | +49.6% |
| Taxes, remuneration and social security | 45 | €342,947 | €514,839 | +€171,892 | +50.1% |
| Taxes | 450/3 | €212,041 | €338,133 | +€126,091 | +59.5% |
| Remuneration and social security | 454/9 | €130,906 | €176,706 | +€45,800 | +35.0% |
| Other amounts payable | 47/48 | - | €103,600 | +€103,600 | |
| Accrued charges and deferred income | 492/3 | €265 | €1,218 | +€953 | +360% |
| Remuneration, social security and pensions | 62 | €1,079,463 | €1,351,519 | +€272,056 | +25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,992 | €14,208 | +€3,216 | +29.3% |
| Other operating charges | 640/8 | €8,531 | €5,523 | -€3,008 | -35.3% |
| Gross operating margin | 9900 | €1,135,912 | €1,505,908 | +€369,996 | +32.6% |
| Operating profit (loss) | 9901 | €36,927 | €134,659 | +€97,732 | +265% |
| Financial income | 75/76B | - | €2,294 | +€2,294 | |
| Recurring financial income | 75 | - | €2,294 | +€2,294 | |
| Financial charges | 65/66B | €4,976 | €16,501 | +€11,525 | +232% |
| Recurring financial charges | 65 | €4,976 | €16,501 | +€11,525 | +232% |
| Profit (loss) for the period before taxes | 9903 | €31,951 | €120,452 | +€88,501 | +277% |
| Income taxes | 67/77 | €20,604 | €53,484 | +€32,880 | +160% |
| Profit (loss) for the period | 9904 | €11,347 | €66,968 | +€55,621 | +490% |
| Profit (loss) for the period to be appropriated | 9905 | €11,347 | €66,968 | +€55,621 | +490% |
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.