TECHNICAL CONSULTING ASSOCIATES: 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.
TECHNICAL CONSULTING ASSOCIATES
Largest movements
- Tangible fixed assets +€37,742
up €37,742 (+152%), from €24,896 to €62,638
of which Furniture and vehicles: +€38,283
- Receivables within one year +€28,897
up €28,897 (+18.4%), from €157,190 to €186,087
of which Other amounts receivable: +€30,928
- Cash -€6,884
down €6,884 (-18.9%), from €36,339 to €29,455
mainly Investment in fixed assets (net) (-€53,764) and Receivables within one year (-€28,897)
- Trade debts +€45,279
up €45,279 (+466%), from €9,709 to €54,987
- Tax, wage and social debts +€11,504
up €11,504 (+36.5%), from €31,519 to €43,023
- Profit (loss) carried forward +€2,972
up €2,972 (+1.9%), from €156,567 to €159,539
- Other operating charges +€2,667
up €2,667 (+47.1%), from €5,661 to €8,328
- Taxes -€1,864
down €1,864 (-8.5%), from €21,864 to €20,000
- Depreciation -€1,531
down €1,531 (-8.7%), from €17,554 to €16,022
- Financial charges -€824
down €824 (-79.9%), from €1,032 to €207
- Financial income +€705
up €705 (+9.6%), from €7,355 to €8,060
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.
Derived cash bridge
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 | €218,545 | €278,300 | +€59,755 | +27.3% |
| Fixed assets | 21/28 | €25,016 | €62,758 | +€37,742 | +151% |
| Tangible fixed assets | 22/27 | €24,896 | €62,638 | +€37,742 | +152% |
| Furniture and vehicles | 24 | €20,502 | €58,785 | +€38,283 | +187% |
| Other tangible fixed assets | 26 | €4,394 | €3,853 | -€541 | -12.3% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €193,529 | €215,542 | +€22,013 | +11.4% |
| Amounts receivable within one year | 40/41 | €157,190 | €186,087 | +€28,897 | +18.4% |
| Trade receivables | 40 | €20,689 | €18,658 | -€2,031 | -9.8% |
| Other amounts receivable | 41 | €136,501 | €167,429 | +€30,928 | +22.7% |
| Cash at bank and in hand | 54/58 | €36,339 | €29,455 | -€6,884 | -18.9% |
| Total equity and liabilities | 10/49 | €218,545 | €278,300 | +€59,755 | +27.3% |
| Equity | 10/15 | €177,268 | €180,240 | +€2,972 | +1.7% |
| Contributions | 10/11 | €6,594 | €6,594 | = | 0.0% |
| Capital | 10 | €6,594 | - | -€6,594 | |
| Issued capital | 100 | €19,000 | - | -€19,000 | |
| Uncalled capital | 101 | €12,406 | - | -€12,406 | |
| Reserves | 13 | €14,107 | €14,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | - | -€1,900 | |
| Legal reserve | 130 | €1,900 | - | -€1,900 | |
| Distributable reserves | 133 | €12,207 | €14,107 | +€1,900 | +15.6% |
| Profit (loss) carried forward | 14 | €156,567 | €159,539 | +€2,972 | +1.9% |
| Amounts payable | 17/49 | €41,277 | €98,059 | +€56,782 | +138% |
| Amounts payable within one year | 42/48 | €41,277 | €98,059 | +€56,782 | +138% |
| Financial debts | 43 | €49 | €49 | = | 0.0% |
| Credit institutions | 430/8 | €49 | €49 | = | 0.0% |
| Trade debts | 44 | €9,709 | €54,987 | +€45,279 | +466% |
| Suppliers | 440/4 | €9,709 | €54,987 | +€45,279 | +466% |
| Taxes, remuneration and social security | 45 | €31,519 | €43,023 | +€11,504 | +36.5% |
| Taxes | 450/3 | €31,519 | €43,023 | +€11,504 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,554 | €16,022 | -€1,531 | -8.7% |
| Other operating charges | 640/8 | €5,661 | €8,328 | +€2,667 | +47.1% |
| Gross operating margin | 9900 | €39,701 | €39,470 | -€232 | -0.6% |
| Operating profit (loss) | 9901 | €16,487 | €15,120 | -€1,367 | -8.3% |
| Financial income | 75/76B | €7,355 | €8,060 | +€705 | +9.6% |
| Recurring financial income | 75 | €7,355 | €8,060 | +€705 | +9.6% |
| Financial charges | 65/66B | €1,032 | €207 | -€824 | -79.9% |
| Recurring financial charges | 65 | €1,032 | €207 | -€824 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €22,811 | €22,972 | +€162 | +0.7% |
| Income taxes | 67/77 | €21,864 | €20,000 | -€1,864 | -8.5% |
| Profit (loss) for the period | 9904 | €947 | €2,972 | +€2,025 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €947 | €2,972 | +€2,025 | +214% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.