TED: 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.
TED
Largest movements
- Cash +€1,755
up €1,755 (+777.3%), from €226 to €1,981
mainly Net result for the year (+€5,169) and Trade debts (+€4,484)
- Financial fixed assets +€800
new in 2024: €800
- Other debts -€7,157
down €7,157 (-71.3%), from €10,032 to €2,875
- Profit (loss) carried forward +€5,169
up €5,169 (+17.1%), from -€30,156 to -€24,987
- Trade debts +€4,484
up €4,484 (+308.8%), from €1,452 to €5,936
- Gross operating margin +€7,213
up €7,213, from -€143 to €7,070
- Taxes -€1,055
no longer reported in 2024 (was €1,055)
- Other operating charges -€495
down €495 (-21.0%), from €2,354 to €1,859
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 | €5,096 | €7,656 | +€2,560 | +50.2% |
| Fixed assets | 21/28 | - | €800 | +€800 | |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €5,096 | €6,856 | +€1,760 | +34.5% |
| Amounts receivable within one year | 40/41 | €4,870 | €4,875 | +€5 | +0.1% |
| Trade receivables | 40 | €4,870 | €4,870 | = | 0.0% |
| Other amounts receivable | 41 | - | €5 | +€5 | |
| Cash at bank and in hand | 54/58 | €226 | €1,981 | +€1,755 | +777.3% |
| Total equity and liabilities | 10/49 | €5,096 | €7,656 | +€2,560 | +50.2% |
| Equity | 10/15 | -€9,696 | -€4,527 | +€5,169 | +53.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,156 | -€24,987 | +€5,169 | +17.1% |
| Amounts payable | 17/49 | €14,791 | €12,183 | -€2,609 | -17.6% |
| Amounts payable within one year | 42/48 | €14,791 | €12,183 | -€2,609 | -17.6% |
| Trade debts | 44 | €1,452 | €5,936 | +€4,484 | +308.8% |
| Suppliers | 440/4 | €1,452 | €5,936 | +€4,484 | +308.8% |
| Taxes, remuneration and social security | 45 | €3,308 | €3,372 | +€65 | +2.0% |
| Taxes | 450/3 | €908 | €972 | +€65 | +7.1% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €10,032 | €2,875 | -€7,157 | -71.3% |
| Other operating charges | 640/8 | €2,354 | €1,859 | -€495 | -21.0% |
| Gross operating margin | 9900 | -€143 | €7,070 | +€7,213 | |
| Operating profit (loss) | 9901 | -€2,497 | €5,210 | +€7,708 | |
| Financial charges | 65/66B | €39 | €42 | +€3 | +6.5% |
| Recurring financial charges | 65 | €39 | €42 | +€3 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,536 | €5,169 | +€7,705 | |
| Income taxes | 67/77 | €1,055 | - | -€1,055 | |
| Profit (loss) for the period | 9904 | -€3,592 | €5,169 | +€8,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,592 | €5,169 | +€8,760 |
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.