TFP ROSSA: 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.
TFP ROSSA
Largest movements
- Receivables within one year +€54,417
up €54,417 (+825.8%), from €6,590 to €61,006
of which Trade receivables: +€51,241
- Deferred charges and accrued income +€53,367
up €53,367 (+143.3%), from €37,244 to €90,612
- Tangible fixed assets -€7,624
down €7,624 (-26.4%), from €28,865 to €21,241
of which Furniture and vehicles: -€4,450
- Other debts +€80,500
up €80,500 (+180.9%), from €44,500 to €125,000
- Trade debts +€72,900
up €72,900 (+181.3%), from €40,214 to €113,114
- Profit (loss) carried forward -€60,498
down €60,498 (-62.4%), from -€96,922 to -€157,420
- Tax, wage and social debts +€12,116
up €12,116 (+35.1%), from €34,471 to €46,588
of which Taxes: +€6,283
- Debts after one year -€4,146
down €4,146 (-36.3%), from €11,408 to €7,263
- Gross operating margin +€54,878
up €54,878 (+40.8%), from €134,585 to €189,463
- Staff costs +€52,756
up €52,756 (+32.1%), from €164,430 to €217,186
- Financial charges +€4,563
up €4,563 (+40.4%), from €11,289 to €15,852
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 | €97,977 | €198,956 | +€100,979 | +103.1% |
| Fixed assets | 21/28 | €33,985 | €25,092 | -€8,893 | -26.2% |
| Intangible fixed assets | 21 | €5,120 | €3,851 | -€1,269 | -24.8% |
| Tangible fixed assets | 22/27 | €28,865 | €21,241 | -€7,624 | -26.4% |
| Plant, machinery and equipment | 23 | €8,570 | €9,232 | +€663 | +7.7% |
| Furniture and vehicles | 24 | €16,458 | €12,008 | -€4,450 | -27.0% |
| Assets under construction and advance payments | 27 | €3,837 | - | -€3,837 | |
| Current assets | 29/58 | €63,993 | €173,865 | +€109,872 | +171.7% |
| Stocks and contracts in progress | 3 | €9,360 | €10,200 | +€840 | +9.0% |
| Stocks | 30/36 | €9,360 | €10,200 | +€840 | +9.0% |
| Amounts receivable within one year | 40/41 | €6,590 | €61,006 | +€54,417 | +825.8% |
| Trade receivables | 40 | €5,709 | €56,949 | +€51,241 | +897.6% |
| Other amounts receivable | 41 | €881 | €4,057 | +€3,176 | +360.5% |
| Cash at bank and in hand | 54/58 | €10,799 | €12,047 | +€1,248 | +11.6% |
| Deferred charges and accrued income | 490/1 | €37,244 | €90,612 | +€53,367 | +143.3% |
| Total equity and liabilities | 10/49 | €97,977 | €198,956 | +€100,979 | +103.1% |
| Equity | 10/15 | -€36,922 | -€97,420 | -€60,498 | -163.9% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,922 | -€157,420 | -€60,498 | -62.4% |
| Amounts payable | 17/49 | €134,900 | €296,376 | +€161,477 | +119.7% |
| Amounts payable after more than one year | 17 | €11,408 | €7,263 | -€4,146 | -36.3% |
| Financial debts | 170/4 | €11,408 | €7,263 | -€4,146 | -36.3% |
| Amounts payable within one year | 42/48 | €123,179 | €288,848 | +€165,668 | +134.5% |
| Current portion of amounts payable after more than one year | 42 | €3,994 | €4,146 | +€152 | +3.8% |
| Trade debts | 44 | €40,214 | €113,114 | +€72,900 | +181.3% |
| Suppliers | 440/4 | €40,214 | €113,114 | +€72,900 | +181.3% |
| Taxes, remuneration and social security | 45 | €34,471 | €46,588 | +€12,116 | +35.1% |
| Taxes | 450/3 | €1,652 | €7,935 | +€6,283 | +380.4% |
| Remuneration and social security | 454/9 | €32,820 | €38,652 | +€5,833 | +17.8% |
| Other amounts payable | 47/48 | €44,500 | €125,000 | +€80,500 | +180.9% |
| Accrued charges and deferred income | 492/3 | €312 | €266 | -€46 | -14.7% |
| Non-recurring operating income | 76A | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €164,430 | €217,186 | +€52,756 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,738 | €7,480 | +€742 | +11.0% |
| Other operating charges | 640/8 | €2,065 | €2,290 | +€225 | +10.9% |
| Non-recurring operating charges | 66A | €23,888 | €7,456 | -€16,432 | -68.8% |
| Gross operating margin | 9900 | €134,585 | €189,463 | +€54,878 | +40.8% |
| Operating profit (loss) | 9901 | -€62,536 | -€44,949 | +€17,587 | +28.1% |
| Financial income | 75/76B | €52 | €417 | +€365 | +708.9% |
| Recurring financial income | 75 | €52 | €417 | +€365 | +708.9% |
| Financial charges | 65/66B | €11,289 | €15,852 | +€4,563 | +40.4% |
| Recurring financial charges | 65 | €11,289 | €15,852 | +€4,563 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€73,773 | -€60,384 | +€13,389 | +18.1% |
| Income taxes | 67/77 | - | €114 | +€114 | |
| Profit (loss) for the period | 9904 | -€73,773 | -€60,498 | +€13,275 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,773 | -€60,498 | +€13,275 | +18.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.