TEALOU: what changed
Two fiscal 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.
TEALOU
Largest movements
- Cash +€21,344
up €21,344 (+92.9%), from €22,982 to €44,326
mainly Tax, wage and social debts (+€15,701) and Depreciation (+€11,321)
- Tangible fixed assets -€11,076
down €11,076 (-20.7%), from €53,462 to €42,386
of which Furniture and vehicles: -€7,001
- Receivables within one year -€3,966
down €3,966 (-18.6%), from €21,329 to €17,363
of which Trade receivables: -€2,856
- Tax, wage and social debts +€15,701
up €15,701 (+281.6%), from €5,576 to €21,277
of which Taxes: +€13,843
- Debts after one year -€13,013
down €13,013 (-33.0%), from €39,398 to €26,385
- Profit (loss) carried forward +€1,366
up €1,366 (+3.3%), from €41,406 to €42,773
- Other debts +€1,151
new in 2023: €1,151
- Gross operating margin -€14,840
down €14,840 (-24.9%), from €59,623 to €44,782
- Staff costs +€4,519
up €4,519 (+62.8%), from €7,196 to €11,715
- Depreciation +€2,548
up €2,548 (+29.1%), from €8,772 to €11,321
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,944 | €105,001 | +€6,057 | +6.1% |
| Formation expenses | 20 | €521 | €276 | -€245 | -47.0% |
| Fixed assets | 21/28 | €54,112 | €43,036 | -€11,076 | -20.5% |
| Tangible fixed assets | 22/27 | €53,462 | €42,386 | -€11,076 | -20.7% |
| Plant, machinery and equipment | 23 | €34,712 | €30,637 | -€4,075 | -11.7% |
| Furniture and vehicles | 24 | €18,750 | €11,749 | -€7,001 | -37.3% |
| Financial fixed assets | 28 | €650 | €650 | = | 0.0% |
| Current assets | 29/58 | €44,311 | €61,688 | +€17,377 | +39.2% |
| Amounts receivable within one year | 40/41 | €21,329 | €17,363 | -€3,966 | -18.6% |
| Trade receivables | 40 | €20,022 | €17,166 | -€2,856 | -14.3% |
| Other amounts receivable | 41 | €1,307 | €197 | -€1,110 | -84.9% |
| Cash at bank and in hand | 54/58 | €22,982 | €44,326 | +€21,344 | +92.9% |
| Total equity and liabilities | 10/49 | €98,944 | €105,001 | +€6,057 | +6.1% |
| Equity | 10/15 | €44,406 | €45,773 | +€1,366 | +3.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,406 | €42,773 | +€1,366 | +3.3% |
| Amounts payable | 17/49 | €54,537 | €59,228 | +€4,691 | +8.6% |
| Amounts payable after more than one year | 17 | €39,398 | €26,385 | -€13,013 | -33.0% |
| Financial debts | 170/4 | €39,398 | €26,385 | -€13,013 | -33.0% |
| Amounts payable within one year | 42/48 | €15,139 | €32,843 | +€17,704 | +116.9% |
| Current portion of amounts payable after more than one year | 42 | €7,753 | €8,106 | +€353 | +4.6% |
| Trade debts | 44 | €1,810 | €2,309 | +€499 | +27.6% |
| Suppliers | 440/4 | €1,810 | €2,309 | +€499 | +27.6% |
| Taxes, remuneration and social security | 45 | €5,576 | €21,277 | +€15,701 | +281.6% |
| Taxes | 450/3 | €5,576 | €19,420 | +€13,843 | +248.3% |
| Remuneration and social security | 454/9 | - | €1,857 | +€1,857 | |
| Other amounts payable | 47/48 | - | €1,151 | +€1,151 | |
| Remuneration, social security and pensions | 62 | €7,196 | €11,715 | +€4,519 | +62.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,772 | €11,321 | +€2,548 | +29.1% |
| Other operating charges | 640/8 | €206 | €206 | = | 0.0% |
| Non-recurring operating charges | 66A | €13,376 | €7,432 | -€5,944 | -44.4% |
| Gross operating margin | 9900 | €59,623 | €44,782 | -€14,840 | -24.9% |
| Operating profit (loss) | 9901 | €30,073 | €14,109 | -€15,964 | -53.1% |
| Financial income | 75/76B | €40 | €21 | -€19 | -46.7% |
| Recurring financial income | 75 | €40 | €21 | -€19 | -46.7% |
| Financial charges | 65/66B | €1,557 | €2,070 | +€513 | +32.9% |
| Recurring financial charges | 65 | €1,557 | €2,070 | +€513 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €28,556 | €12,061 | -€16,495 | -57.8% |
| Income taxes | 67/77 | €10,923 | €10,694 | -€229 | -2.1% |
| Profit (loss) for the period | 9904 | €17,633 | €1,366 | -€16,267 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,633 | €1,366 | -€16,267 | -92.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.