THE NEW TEA COLLECTION: 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.
THE NEW TEA COLLECTION
Largest movements
- Tangible fixed assets -€13,466
down €13,466 (-2.1%), from €626,644 to €613,178
of which Land and buildings: -€24,316
- Stocks and contracts +€11,036
up €11,036 (+38.6%), from €28,626 to €39,662
- Cash +€8,278
up €8,278 (+31.1%), from €26,661 to €34,939
mainly Depreciation (+€28,943) and Trade debts (+€13,091)
- Debts after one year -€17,564
down €17,564 (-2.9%), from €609,349 to €591,784
- Trade debts +€13,091
up €13,091 (+58.6%), from €22,331 to €35,422
- Profit (loss) carried forward +€8,401
up €8,401 (+14.7%), from -€56,966 to -€48,565
- Gross operating margin +€6,262
up €6,262 (+10.0%), from €62,920 to €69,182
- Staff costs +€6,072
up €6,072 (+233%), from €2,605 to €8,677
- Depreciation +€1,447
up €1,447 (+5.3%), from €27,496 to €28,943
- Financial charges -€929
down €929 (-4.8%), from €19,226 to €18,297
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.
Derived cash bridge
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 | €694,288 | €701,073 | +€6,785 | +1.0% |
| Fixed assets | 21/28 | €626,644 | €613,178 | -€13,466 | -2.1% |
| Tangible fixed assets | 22/27 | €626,644 | €613,178 | -€13,466 | -2.1% |
| Land and buildings | 22 | €624,956 | €600,640 | -€24,316 | -3.9% |
| Plant, machinery and equipment | 23 | €1,687 | €12,537 | +€10,850 | +643% |
| Current assets | 29/58 | €67,644 | €87,895 | +€20,251 | +29.9% |
| Stocks and contracts in progress | 3 | €28,626 | €39,662 | +€11,036 | +38.6% |
| Stocks | 30/36 | €28,626 | €39,662 | +€11,036 | +38.6% |
| Amounts receivable within one year | 40/41 | €10,752 | €11,461 | +€710 | +6.6% |
| Trade receivables | 40 | €10,669 | €11,461 | +€792 | +7.4% |
| Other amounts receivable | 41 | €82 | - | -€82 | |
| Cash at bank and in hand | 54/58 | €26,661 | €34,939 | +€8,278 | +31.1% |
| Deferred charges and accrued income | 490/1 | €1,606 | €1,833 | +€227 | +14.2% |
| Total equity and liabilities | 10/49 | €694,288 | €701,073 | +€6,785 | +1.0% |
| Equity | 10/15 | €1,839 | €10,239 | +€8,401 | +457% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €18,805 | €18,805 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €14,805 | €14,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,966 | -€48,565 | +€8,401 | +14.7% |
| Amounts payable | 17/49 | €692,449 | €690,833 | -€1,616 | -0.2% |
| Amounts payable after more than one year | 17 | €609,349 | €591,784 | -€17,564 | -2.9% |
| Financial debts | 170/4 | €609,349 | €591,784 | -€17,564 | -2.9% |
| Amounts payable within one year | 42/48 | €82,874 | €99,049 | +€16,175 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €46,711 | €51,341 | +€4,630 | +9.9% |
| Trade debts | 44 | €22,331 | €35,422 | +€13,091 | +58.6% |
| Suppliers | 440/4 | €22,331 | €35,422 | +€13,091 | +58.6% |
| Taxes, remuneration and social security | 45 | €6,086 | €6,587 | +€501 | +8.2% |
| Taxes | 450/3 | €3,589 | €3,509 | -€79 | -2.2% |
| Remuneration and social security | 454/9 | €2,497 | €3,077 | +€581 | +23.3% |
| Other amounts payable | 47/48 | €7,746 | €5,700 | -€2,046 | -26.4% |
| Accrued charges and deferred income | 492/3 | €227 | - | -€227 | |
| Remuneration, social security and pensions | 62 | €2,605 | €8,677 | +€6,072 | +233% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,496 | €28,943 | +€1,447 | +5.3% |
| Other operating charges | 640/8 | €4,580 | €4,774 | +€193 | +4.2% |
| Gross operating margin | 9900 | €62,920 | €69,182 | +€6,262 | +10.0% |
| Operating profit (loss) | 9901 | €28,238 | €26,788 | -€1,450 | -5.1% |
| Financial income | 75/76B | €0 | €155 | +€155 | +32,970% |
| Recurring financial income | 75 | €0 | €155 | +€155 | +32,970% |
| Financial charges | 65/66B | €19,226 | €18,297 | -€929 | -4.8% |
| Recurring financial charges | 65 | €19,226 | €18,297 | -€929 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €9,012 | €8,647 | -€366 | -4.1% |
| Income taxes | 67/77 | €237 | €246 | +€9 | +3.7% |
| Profit (loss) for the period | 9904 | €8,775 | €8,401 | -€374 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,775 | €8,401 | -€374 | -4.3% |
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 26 October 2026 via checked.be.