Toennaer Glas Construct: 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.
Toennaer Glas Construct
Largest movements
- Receivables within one year +€40,308
up €40,308 (+128%), from €31,419 to €71,726
of which Trade receivables: +€41,895
- Cash +€1,057
up €1,057 (+26.9%), from €3,933 to €4,990
mainly Other debts (+€26,084) and Trade debts (+€13,780)
- Other debts +€26,084
new in 2024: €26,084
- Trade debts +€13,780
up €13,780 (+70.7%), from €19,493 to €33,273
- Profit (loss) carried forward +€4,028
up €4,028, from -€3,339 to €689
- Tax, wage and social debts -€2,468
down €2,468 (-34.9%), from €7,081 to €4,613
of which Taxes: -€2,641
- Gross operating margin +€14,538
up €14,538, from -€1,818 to €12,720
- Staff costs +€955
up €955 (+14.0%), from €6,802 to €7,756
- Financial charges +€650
up €650 (+387%), from €168 to €818
- Other operating charges +€425
up €425 (+47.3%), from €899 to €1,324
- Depreciation -€299
no longer reported in 2024 (was €299)
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 | €35,363 | €76,787 | +€41,424 | +117% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €35,363 | €76,787 | +€41,424 | +117% |
| Amounts receivable within one year | 40/41 | €31,419 | €71,726 | +€40,308 | +128% |
| Trade receivables | 40 | €5,840 | €47,735 | +€41,895 | +717% |
| Other amounts receivable | 41 | €25,579 | €23,991 | -€1,587 | -6.2% |
| Cash at bank and in hand | 54/58 | €3,933 | €4,990 | +€1,057 | +26.9% |
| Deferred charges and accrued income | 490/1 | €10 | €71 | +€60 | +578% |
| Total equity and liabilities | 10/49 | €35,363 | €76,787 | +€41,424 | +117% |
| Equity | 10/15 | €8,789 | €12,817 | +€4,028 | +45.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €12,028 | €12,028 | = | 0.0% |
| Distributable reserves | 133 | €12,028 | €12,028 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,339 | €689 | +€4,028 | |
| Amounts payable | 17/49 | €26,573 | €63,970 | +€37,396 | +141% |
| Amounts payable within one year | 42/48 | €26,573 | €63,970 | +€37,396 | +141% |
| Trade debts | 44 | €19,493 | €33,273 | +€13,780 | +70.7% |
| Suppliers | 440/4 | €19,493 | €33,273 | +€13,780 | +70.7% |
| Taxes, remuneration and social security | 45 | €7,081 | €4,613 | -€2,468 | -34.9% |
| Taxes | 450/3 | €7,081 | €4,440 | -€2,641 | -37.3% |
| Remuneration and social security | 454/9 | - | €173 | +€173 | |
| Other amounts payable | 47/48 | - | €26,084 | +€26,084 | |
| Remuneration, social security and pensions | 62 | €6,802 | €7,756 | +€955 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €299 | - | -€299 | |
| Other operating charges | 640/8 | €899 | €1,324 | +€425 | +47.3% |
| Gross operating margin | 9900 | -€1,818 | €12,720 | +€14,538 | |
| Operating profit (loss) | 9901 | -€9,818 | €3,639 | +€13,457 | |
| Financial income | 75/76B | €1,353 | €1,255 | -€99 | -7.3% |
| Recurring financial income | 75 | €1,353 | €1,255 | -€99 | -7.3% |
| Financial charges | 65/66B | €168 | €818 | +€650 | +387% |
| Recurring financial charges | 65 | €168 | €818 | +€650 | +387% |
| Profit (loss) for the period before taxes | 9903 | -€8,632 | €4,076 | +€12,708 | |
| Income taxes | 67/77 | - | €48 | +€48 | |
| Profit (loss) for the period | 9904 | -€8,632 | €4,028 | +€12,661 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,632 | €4,028 | +€12,661 |
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 18 October 2026 via checked.be.