Tissabo: 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.
What changed
Tissabo
NACE 47.120, Other non-specialised retail sale
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€53,634
2023 · -€13,536-€40,098
Equity
€929,904
2023 · €983,539-€53,635
Cash
€255,180
2023 · €255,179+€1
Balance sheet total
€6.4m
2023 · €4.9m+€1.5m
Largest movements
Assets
- Receivables within one year +€1.6m
up €1.6m (+76.3%), from €2.1m to €3.6m
- Tangible fixed assets -€75,365
down €75,365 (-3.1%), from €2.5m to €2.4m
of which Land and buildings: -€97,391
Equity and liabilities
- Trade debts +€1.3m
up €1.3m (+59.5%), from €2.2m to €3.5m
- Other debts +€549,843
new in 2024: €549,843
- Short-term financial debts -€253,575
no longer reported in 2024 (was €253,575)
- Accrued charges and deferred income -€206,649
down €206,649 (-27.8%), from €743,829 to €537,180
- Tax, wage and social debts +€129,035
up €129,035 (+162%), from €79,747 to €208,782
of which Taxes: +€208,782
Income statement
- Taxes +€69,217
new in 2024: €69,217
- Gross operating margin +€52,383
up €52,383 (+19.2%), from €272,860 to €325,243
- Staff costs +€37,370
up €37,370 (+35.9%), from €104,152 to €141,522
- Financial charges -€37,221
down €37,221 (-62.7%), from €59,335 to €22,114
of which Financial charges: -€37,221
- Financial income -€35,940
no longer reported in 2024 (was €35,940)
of which Financial income: -€35,940
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.
Result 2023
-€13,536
Gross operating margin
+€52,383
Staff costs
-€37,370
Depreciation
+€2,846
Other operating charges
+€10,128
Other operating items
-€149
Financial income
-€35,940
Financial charges
+€37,221
Taxes
-€69,217
Result 2024
-€53,634
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€284,526
Investment
-€30,949
Financing
-€253,576
Cash 2023
€255,179
From operations (derived)
+€284,526
Net result for the year
-€53,634
Depreciation
+€106,314
Stocks and contracts
+€35,530
Receivables within one year
-€1.6m
Trade debts
+€1.3m
Tax, wage and social debts
+€129,035
Other debts
+€549,843
Accrued charges and deferred income
-€206,649
Investment (derived)
-€30,949
Investment in fixed assets (net)
-€30,949
Financing
-€253,576
Short-term financial debts
-€253,575
Contributions, distributions and other
-€1
Cash 2024
€255,180
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,887,483 | €6,351,053 | +€1.5m | +29.9% |
| Fixed assets | 21/28 | €2,451,736 | €2,376,371 | -€75,365 | -3.1% |
| Tangible fixed assets | 22/27 | €2,451,686 | €2,376,321 | -€75,365 | -3.1% |
| Land and buildings | 22 | €2,448,135 | €2,350,744 | -€97,391 | -4.0% |
| Plant, machinery and equipment | 23 | €2,212 | €2,019 | -€193 | -8.7% |
| Furniture and vehicles | 24 | €1,339 | €23,558 | +€22,219 | +1,659% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €2,435,747 | €3,974,682 | +€1.5m | +63.2% |
| Stocks and contracts in progress | 3 | €117,556 | €82,026 | -€35,530 | -30.2% |
| Stocks | 30/36 | €117,556 | €82,026 | -€35,530 | -30.2% |
| Amounts receivable within one year | 40/41 | €2,063,012 | €3,637,476 | +€1.6m | +76.3% |
| Trade receivables | 40 | €2,063,012 | €3,637,476 | +€1.6m | +76.3% |
| Cash at bank and in hand | 54/58 | €255,179 | €255,180 | +€1 | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €4,887,483 | €6,351,053 | +€1.5m | +29.9% |
| Equity | 10/15 | €983,539 | €929,904 | -€53,635 | -5.5% |
| Contributions | 10/11 | €521,999 | €521,999 | = | 0.0% |
| Capital | 10 | €521,999 | €521,999 | = | 0.0% |
| Issued capital | 100 | €521,999 | €521,999 | = | 0.0% |
| Reserves | 13 | €246,128 | €246,127 | -€1 | 0.0% |
| Non-distributable reserves | 130/1 | €53,695 | €53,694 | -€1 | 0.0% |
| Legal reserve | 130 | €87 | €87 | = | 0.0% |
| Reserves not available under the articles | 1311 | €53,608 | €53,607 | -€1 | 0.0% |
| Tax-exempt reserves | 132 | €23,063 | €23,063 | = | 0.0% |
| Distributable reserves | 133 | €169,370 | €169,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215,412 | €161,778 | -€53,634 | -24.9% |
| Provisions and deferred taxes | 16 | €93,301 | €93,301 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €93,301 | €93,301 | = | 0.0% |
| Major repairs and maintenance | 162 | €93,301 | €93,301 | = | 0.0% |
| Amounts payable | 17/49 | €3,810,643 | €5,327,848 | +€1.5m | +39.8% |
| Amounts payable after more than one year | 17 | €39,413 | €39,413 | = | 0.0% |
| Financial debts | 170/4 | €39,413 | €39,413 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,027,401 | €4,751,255 | +€1.7m | +56.9% |
| Financial debts | 43 | €253,575 | - | -€253,575 | |
| Credit institutions | 430/8 | €253,575 | - | -€253,575 | |
| Trade debts | 44 | €2,184,066 | €3,482,617 | +€1.3m | +59.5% |
| Suppliers | 440/4 | €2,184,066 | €3,482,617 | +€1.3m | +59.5% |
| Advances received on contracts in progress | 46 | €510,013 | €510,013 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €79,747 | €208,782 | +€129,035 | +162% |
| Taxes | 450/3 | - | €208,782 | +€208,782 | |
| Remuneration and social security | 454/9 | €79,747 | - | -€79,747 | |
| Other amounts payable | 47/48 | - | €549,843 | +€549,843 | |
| Accrued charges and deferred income | 492/3 | €743,829 | €537,180 | -€206,649 | -27.8% |
| Remuneration, social security and pensions | 62 | €104,152 | €141,522 | +€37,370 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,160 | €106,314 | -€2,846 | -2.6% |
| Other operating charges | 640/8 | €49,689 | €39,561 | -€10,128 | -20.4% |
| Non-recurring operating charges | 66A | - | €149 | +€149 | |
| Gross operating margin | 9900 | €272,860 | €325,243 | +€52,383 | +19.2% |
| Operating profit (loss) | 9901 | €9,859 | €37,697 | +€27,838 | +282% |
| Financial income | 75/76B | €35,940 | - | -€35,940 | |
| Recurring financial income | 75 | €35,940 | - | -€35,940 | |
| Non-recurring financial income | 76B | €35,940 | - | -€35,940 | |
| Financial charges | 65/66B | €59,335 | €22,114 | -€37,221 | -62.7% |
| Recurring financial charges | 65 | €59,335 | €22,114 | -€37,221 | -62.7% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€13,536 | €15,583 | +€29,119 | |
| Income taxes | 67/77 | - | €69,217 | +€69,217 | |
| Profit (loss) for the period | 9904 | -€13,536 | -€53,634 | -€40,098 | -296% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,536 | -€53,634 | -€40,098 | -296% |
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 17 October 2026 via checked.be.