TEASETAB: 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.
TEASETAB
Largest movements
- Receivables within one year +€24,907
up €24,907 (+142.0%), from €17,540 to €42,447
- Tangible fixed assets -€13,312
down €13,312 (-16.8%), from €79,132 to €65,820
- Cash -€6,345
down €6,345 (-2.9%), from €216,539 to €210,194
mainly Contributions, distributions and other (-€45,061) and Receivables within one year (-€24,907)
- Debts after one year -€10,304
down €10,304 (-59.8%), from €17,243 to €6,938
- Reserves +€6,375
up €6,375 (+1.9%), from €334,655 to €341,030
- Tax, wage and social debts +€5,094
up €5,094 (+27.0%), from €18,860 to €23,954
of which Taxes: +€5,094
- Gross operating margin -€16,192
down €16,192 (-14.0%), from €115,626 to €99,434
- Taxes -€4,018
down €4,018 (-15.9%), from €25,281 to €21,263
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.
Cash bridge derived
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 | €390,059 | €395,025 | +€4,966 | +1.3% |
| Fixed assets | 21/28 | €79,132 | €65,820 | -€13,312 | -16.8% |
| Tangible fixed assets | 22/27 | €79,132 | €65,820 | -€13,312 | -16.8% |
| Land and buildings | 22 | €6,740 | €6,031 | -€710 | -10.5% |
| Plant, machinery and equipment | 23 | €30,359 | €24,368 | -€5,990 | -19.7% |
| Furniture and vehicles | 24 | €42,033 | €35,421 | -€6,612 | -15.7% |
| Current assets | 29/58 | €310,928 | €329,205 | +€18,277 | +5.9% |
| Amounts receivable within one year | 40/41 | €17,540 | €42,447 | +€24,907 | +142.0% |
| Trade receivables | 40 | €17,540 | €42,447 | +€24,907 | +142.0% |
| Current investments | 50/53 | €76,848 | €74,558 | -€2,290 | -3.0% |
| Cash at bank and in hand | 54/58 | €216,539 | €210,194 | -€6,345 | -2.9% |
| Deferred charges and accrued income | 490/1 | - | €2,006 | +€2,006 | |
| Total equity and liabilities | 10/49 | €390,059 | €395,025 | +€4,966 | +1.3% |
| Equity | 10/15 | €334,655 | €341,030 | +€6,375 | +1.9% |
| Reserves | 13 | €334,655 | €341,030 | +€6,375 | +1.9% |
| Distributable reserves | 133 | €334,655 | €341,030 | +€6,375 | +1.9% |
| Amounts payable | 17/49 | €55,404 | €53,995 | -€1,409 | -2.5% |
| Amounts payable after more than one year | 17 | €17,243 | €6,938 | -€10,304 | -59.8% |
| Financial debts | 170/4 | €17,243 | €6,938 | -€10,304 | -59.8% |
| Amounts payable within one year | 42/48 | €38,161 | €47,057 | +€8,895 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €10,182 | €10,304 | +€122 | +1.2% |
| Trade debts | 44 | €2,254 | €2,233 | -€21 | -0.9% |
| Suppliers | 440/4 | €2,254 | €2,233 | -€21 | -0.9% |
| Taxes, remuneration and social security | 45 | €18,860 | €23,954 | +€5,094 | +27.0% |
| Taxes | 450/3 | €16,460 | €21,554 | +€5,094 | +31.0% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €6,866 | €10,565 | +€3,699 | +53.9% |
| Remuneration, social security and pensions | 62 | €3,638 | €3,638 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,331 | €22,339 | +€1,008 | +4.7% |
| Other operating charges | 640/8 | €841 | €451 | -€390 | -46.4% |
| Gross operating margin | 9900 | €115,626 | €99,434 | -€16,192 | -14.0% |
| Operating profit (loss) | 9901 | €89,816 | €73,005 | -€16,810 | -18.7% |
| Financial income | 75/76B | - | €204 | +€204 | |
| Recurring financial income | 75 | - | €204 | +€204 | |
| Financial charges | 65/66B | €610 | €510 | -€99 | -16.3% |
| Recurring financial charges | 65 | €610 | €510 | -€99 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €89,206 | €72,699 | -€16,507 | -18.5% |
| Income taxes | 67/77 | €25,281 | €21,263 | -€4,018 | -15.9% |
| Profit (loss) for the period | 9904 | €63,925 | €51,436 | -€12,489 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,925 | €51,436 | -€12,489 | -19.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.