TEAK DE LOOZ: 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.
TEAK DE LOOZ
Largest movements
- Cash -€3,108
down €3,108 (-7.0%), from €44,332 to €41,224
mainly Debts after one year (-€2,500) and Net result for the year (-€608)
- Debts after one year -€2,500
down €2,500 (-16.1%), from €15,548 to €13,048
- Profit (loss) carried forward -€608
down €608 (-5.5%), from -€11,092 to -€11,700
- Depreciation -€6,219
no longer reported in 2024 (was €6,219)
- Gross operating margin -€1,055
down €1,055, from €604 to -€451
- Financial charges +€14
up €14 (+17.3%), from €81 to €95
of which Financial charges: +€14
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 | €44,340 | €41,232 | -€3,108 | -7.0% |
| Current assets | 29/58 | €44,340 | €41,232 | -€3,108 | -7.0% |
| Amounts receivable within one year | 40/41 | €8 | €8 | = | 0.0% |
| Other amounts receivable | 41 | €8 | €8 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €44,332 | €41,224 | -€3,108 | -7.0% |
| Total equity and liabilities | 10/49 | €44,340 | €41,232 | -€3,108 | -7.0% |
| Equity | 10/15 | €7,508 | €6,900 | -€608 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€11,092 | -€11,700 | -€608 | -5.5% |
| Amounts payable | 17/49 | €36,832 | €34,332 | -€2,500 | -6.8% |
| Amounts payable after more than one year | 17 | €15,548 | €13,048 | -€2,500 | -16.1% |
| Financial debts | 170/4 | €15,548 | €13,048 | -€2,500 | -16.1% |
| Amounts payable within one year | 42/48 | €21,284 | €21,284 | = | 0.0% |
| Other amounts payable | 47/48 | €21,284 | €21,284 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,219 | - | -€6,219 | |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €604 | -€451 | -€1,055 | |
| Operating profit (loss) | 9901 | -€5,677 | -€513 | +€5,164 | +91.0% |
| Financial charges | 65/66B | €81 | €95 | +€14 | +17.3% |
| Recurring financial charges | 65 | €81 | €95 | +€14 | +17.3% |
| Non-recurring financial charges | 66B | €81 | €95 | +€14 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,758 | -€608 | +€5,150 | +89.4% |
| Profit (loss) for the period | 9904 | -€5,758 | -€608 | +€5,150 | +89.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,758 | -€608 | +€5,150 | +89.4% |
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 19 October 2026 via checked.be.