TechTransit Solutions: 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.
TechTransit Solutions
Largest movements
- Tangible fixed assets -€45,618
no longer reported in 2023 (was €45,618)
- Receivables within one year -€19,194
down €19,194 (-73.7%), from €26,043 to €6,849
of which Trade receivables: -€14,332
- Stocks and contracts -€15,254
no longer reported in 2023 (was €15,254)
- Cash -€7,166
down €7,166 (-25.5%), from €28,076 to €20,910
mainly Debts after one year (-€30,433) and Net result for the year (-€29,358)
- Debts after one year -€30,433
no longer reported in 2023 (was €30,433)
- Profit (loss) carried forward -€29,358
new in 2023: -€29,358
- Current portion of long-term debt -€11,929
no longer reported in 2023 (was €11,929)
- Trade debts -€9,799
down €9,799 (-89.2%), from €10,986 to €1,187
- Tax, wage and social debts -€5,713
down €5,713 (-91.9%), from €6,214 to €501
of which Taxes: -€5,213
- Gross operating margin -€70,638
down €70,638, from €45,613 to -€25,025
- Depreciation -€12,724
no longer reported in 2023 (was €12,724)
- Staff costs -€1,239
no longer reported in 2023 (was €1,239)
- Financial charges -€937
down €937 (-50.2%), from €1,868 to €930
- Taxes -€501
no longer reported in 2023 (was €501)
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 | €114,992 | €27,759 | -€87,233 | -75.9% |
| Fixed assets | 21/28 | €45,618 | - | -€45,618 | |
| Tangible fixed assets | 22/27 | €45,618 | - | -€45,618 | |
| Furniture and vehicles | 24 | €45,618 | - | -€45,618 | |
| Current assets | 29/58 | €69,374 | €27,759 | -€41,615 | -60.0% |
| Stocks and contracts in progress | 3 | €15,254 | - | -€15,254 | |
| Stocks | 30/36 | €15,254 | - | -€15,254 | |
| Amounts receivable within one year | 40/41 | €26,043 | €6,849 | -€19,194 | -73.7% |
| Trade receivables | 40 | €14,332 | - | -€14,332 | |
| Other amounts receivable | 41 | €11,711 | €6,849 | -€4,862 | -41.5% |
| Cash at bank and in hand | 54/58 | €28,076 | €20,910 | -€7,166 | -25.5% |
| Total equity and liabilities | 10/49 | €114,992 | €27,759 | -€87,233 | -75.9% |
| Equity | 10/15 | €55,429 | €26,071 | -€29,358 | -53.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,829 | €36,829 | = | 0.0% |
| Distributable reserves | 133 | €36,829 | €36,829 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€29,358 | -€29,358 | |
| Amounts payable | 17/49 | €59,563 | €1,688 | -€57,875 | -97.2% |
| Amounts payable after more than one year | 17 | €30,433 | - | -€30,433 | |
| Financial debts | 170/4 | €30,433 | - | -€30,433 | |
| Amounts payable within one year | 42/48 | €29,130 | €1,688 | -€27,442 | -94.2% |
| Current portion of amounts payable after more than one year | 42 | €11,929 | - | -€11,929 | |
| Trade debts | 44 | €10,986 | €1,187 | -€9,799 | -89.2% |
| Suppliers | 440/4 | €10,986 | €1,187 | -€9,799 | -89.2% |
| Taxes, remuneration and social security | 45 | €6,214 | €501 | -€5,713 | -91.9% |
| Taxes | 450/3 | €5,714 | €501 | -€5,213 | -91.2% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Remuneration, social security and pensions | 62 | €1,239 | - | -€1,239 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,724 | - | -€12,724 | |
| Other operating charges | 640/8 | €1,071 | €1,262 | +€191 | +17.9% |
| Non-recurring operating charges | 66A | - | €2,158 | +€2,158 | |
| Gross operating margin | 9900 | €45,613 | -€25,025 | -€70,638 | |
| Operating profit (loss) | 9901 | €30,579 | -€28,446 | -€59,025 | |
| Financial income | 75/76B | €38 | €18 | -€19 | -51.8% |
| Recurring financial income | 75 | €38 | €18 | -€19 | -51.8% |
| Financial charges | 65/66B | €1,868 | €930 | -€937 | -50.2% |
| Recurring financial charges | 65 | €1,868 | €930 | -€937 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €28,749 | -€29,358 | -€58,107 | |
| Income taxes | 67/77 | €501 | - | -€501 | |
| Profit (loss) for the period | 9904 | €28,248 | -€29,358 | -€57,606 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,248 | -€29,358 | -€57,606 |
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 7 October 2026 via checked.be.