TEA-ENERGY: 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.
TEA-ENERGY
Largest movements
- Cash -€82,958
down €82,958 (-13.0%), from €640,302 to €557,344
mainly Provisions (-€76,121) and Other debts (-€72,853)
- Receivables within one year +€44,030
up €44,030 (+13.4%), from €328,508 to €372,538
of which Other amounts receivable: +€127,465
- Tangible fixed assets +€39,861
up €39,861 (+260%), from €15,323 to €55,183
of which Furniture and vehicles: +€39,968
- Stocks and contracts +€12,345
up €12,345 (+260%), from €4,750 to €17,095
- Trade debts +€163,380
up €163,380 (+36.4%), from €448,381 to €611,761
- Provisions -€76,121
down €76,121 (-100%), from €76,121 to €0
- Other debts -€72,853
down €72,853 (-98.6%), from €73,903 to €1,050
- Gross operating margin -€41,769
down €41,769 (-64.7%), from €64,601 to €22,833
- Provisions -€21,366
down €21,366 (-39.0%), from -€54,755 to -€76,121
- Financial charges +€19,156
up €19,156 (+2,153%), from €890 to €20,045
- Taxes -€6,055
down €6,055 (-69.2%), from €8,754 to €2,699
- Financial income +€5,036
up €5,036 (+5,091%), from €99 to €5,135
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 | €1,006,833 | €1,011,136 | +€4,303 | +0.4% |
| Fixed assets | 21/28 | €33,273 | €64,159 | +€30,886 | +92.8% |
| Intangible fixed assets | 21 | €17,950 | €8,975 | -€8,975 | -50.0% |
| Tangible fixed assets | 22/27 | €15,323 | €55,183 | +€39,861 | +260% |
| Plant, machinery and equipment | 23 | €387 | €280 | -€107 | -27.7% |
| Furniture and vehicles | 24 | €14,935 | €54,904 | +€39,968 | +268% |
| Current assets | 29/58 | €973,560 | €946,977 | -€26,583 | -2.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €4,750 | €17,095 | +€12,345 | +260% |
| Stocks | 30/36 | €4,750 | €17,095 | +€12,345 | +260% |
| Amounts receivable within one year | 40/41 | €328,508 | €372,538 | +€44,030 | +13.4% |
| Trade receivables | 40 | €320,109 | €236,674 | -€83,435 | -26.1% |
| Other amounts receivable | 41 | €8,399 | €135,864 | +€127,465 | +1,518% |
| Cash at bank and in hand | 54/58 | €640,302 | €557,344 | -€82,958 | -13.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,006,833 | €1,011,136 | +€4,303 | +0.4% |
| Equity | 10/15 | €394,989 | €395,766 | +€777 | +0.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €244,989 | €245,766 | +€777 | +0.3% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €229,989 | €230,766 | +€777 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €76,121 | €0 | -€76,121 | -100% |
| Provisions for liabilities and charges | 160/5 | €76,121 | €0 | -€76,121 | -100% |
| Pensions and similar obligations | 160 | €76,121 | €0 | -€76,121 | -100% |
| Amounts payable | 17/49 | €535,723 | €615,370 | +€79,647 | +14.9% |
| Amounts payable within one year | 42/48 | €533,023 | €615,370 | +€82,347 | +15.4% |
| Trade debts | 44 | €448,381 | €611,761 | +€163,380 | +36.4% |
| Suppliers | 440/4 | €448,381 | €611,761 | +€163,380 | +36.4% |
| Taxes, remuneration and social security | 45 | €10,739 | €2,559 | -€8,180 | -76.2% |
| Taxes | 450/3 | €8,897 | €2,559 | -€6,338 | -71.2% |
| Remuneration and social security | 454/9 | €1,841 | €0 | -€1,841 | -100% |
| Other amounts payable | 47/48 | €73,903 | €1,050 | -€72,853 | -98.6% |
| Accrued charges and deferred income | 492/3 | €2,700 | €0 | -€2,700 | -100% |
| Non-recurring operating income | 76A | - | €7,831 | +€7,831 | |
| Remuneration, social security and pensions | 62 | €58,295 | €56,858 | -€1,437 | -2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,133 | €23,074 | +€4,940 | +27.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€54,755 | -€76,121 | -€21,366 | -39.0% |
| Other operating charges | 640/8 | €2,165 | €637 | -€1,528 | -70.6% |
| Gross operating margin | 9900 | €64,601 | €22,833 | -€41,769 | -64.7% |
| Operating profit (loss) | 9901 | €40,764 | €18,386 | -€22,378 | -54.9% |
| Financial income | 75/76B | €99 | €5,135 | +€5,036 | +5,091% |
| Recurring financial income | 75 | €99 | €5,135 | +€5,036 | +5,091% |
| Financial charges | 65/66B | €890 | €20,045 | +€19,156 | +2,153% |
| Recurring financial charges | 65 | €890 | €20,045 | +€19,156 | +2,153% |
| Profit (loss) for the period before taxes | 9903 | €39,973 | €3,476 | -€36,497 | -91.3% |
| Income taxes | 67/77 | €8,754 | €2,699 | -€6,055 | -69.2% |
| Profit (loss) for the period | 9904 | €31,220 | €777 | -€30,442 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,220 | €777 | -€30,442 | -97.5% |
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 15 October 2026 via checked.be.