TE TRANSPORTGROUP: 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.
TE TRANSPORTGROUP
Largest movements
- Receivables within one year +€11,838
up €11,838 (+20.6%), from €57,554 to €69,392
of which Other amounts receivable: +€16,000
- Cash -€1,423
down €1,423 (-79.7%), from €1,786 to €363
mainly Receivables within one year (-€11,838) and Other debts (-€2,384)
- Trade debts +€13,102
up €13,102 (+205%), from €6,396 to €19,498
- Other debts -€2,384
no longer reported in 2024 (was €2,384)
- Profit (loss) carried forward -€947
new in 2024: -€947
- Gross operating margin -€49,877
down €49,877 (-99.3%), from €50,231 to €354
- Taxes -€13,340
no longer reported in 2024 (was €13,340)
- Financial income +€644
new in 2024: €644
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 | €59,535 | €69,828 | +€10,292 | +17.3% |
| Fixed assets | 21/28 | €196 | €73 | -€124 | -63.0% |
| Tangible fixed assets | 22/27 | €196 | €73 | -€124 | -63.0% |
| Furniture and vehicles | 24 | €196 | €73 | -€124 | -63.0% |
| Current assets | 29/58 | €59,339 | €69,755 | +€10,416 | +17.6% |
| Amounts receivable within one year | 40/41 | €57,554 | €69,392 | +€11,838 | +20.6% |
| Trade receivables | 40 | €56,894 | €52,732 | -€4,162 | -7.3% |
| Other amounts receivable | 41 | €660 | €16,660 | +€16,000 | +2,424% |
| Cash at bank and in hand | 54/58 | €1,786 | €363 | -€1,423 | -79.7% |
| Total equity and liabilities | 10/49 | €59,535 | €69,828 | +€10,292 | +17.3% |
| Equity | 10/15 | €36,959 | €36,012 | -€947 | -2.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €34,459 | €34,459 | = | 0.0% |
| Distributable reserves | 133 | €34,459 | €34,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€947 | -€947 | |
| Amounts payable | 17/49 | €22,577 | €33,816 | +€11,239 | +49.8% |
| Amounts payable within one year | 42/48 | €22,577 | €33,816 | +€11,239 | +49.8% |
| Trade debts | 44 | €6,396 | €19,498 | +€13,102 | +205% |
| Suppliers | 440/4 | €6,396 | €19,498 | +€13,102 | +205% |
| Taxes, remuneration and social security | 45 | €13,797 | €14,318 | +€521 | +3.8% |
| Taxes | 450/3 | €13,797 | €14,318 | +€521 | +3.8% |
| Other amounts payable | 47/48 | €2,384 | - | -€2,384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €175 | €124 | -€51 | -29.3% |
| Other operating charges | 640/8 | €1,966 | €1,777 | -€190 | -9.7% |
| Gross operating margin | 9900 | €50,231 | €354 | -€49,877 | -99.3% |
| Operating profit (loss) | 9901 | €48,090 | -€1,547 | -€49,637 | |
| Financial income | 75/76B | - | €644 | +€644 | |
| Recurring financial income | 75 | - | €644 | +€644 | |
| Financial charges | 65/66B | €291 | €44 | -€247 | -85.0% |
| Recurring financial charges | 65 | €291 | €44 | -€247 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €47,799 | -€947 | -€48,745 | |
| Income taxes | 67/77 | €13,340 | - | -€13,340 | |
| Profit (loss) for the period | 9904 | €34,459 | -€947 | -€35,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,459 | -€947 | -€35,405 |
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 23 October 2026 via checked.be.