Tongda Distribution: 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.
Tongda Distribution
Largest movements
- Receivables within one year +€418,911
up €418,911 (+68.1%), from €615,517 to €1.0m
of which Trade receivables: +€412,976
- Cash -€34,807
down €34,807 (-50.2%), from €69,362 to €34,555
mainly Receivables within one year (-€418,911) and Other debts (-€139,986)
- Trade debts +€416,500
up €416,500 (+86.6%), from €480,962 to €897,463
- Other debts -€139,986
down €139,986 (-53.8%), from €260,000 to €120,014
- Profit (loss) carried forward +€82,039
up €82,039, from -€80,489 to €1,550
- Tax, wage and social debts +€26,557
up €26,557 (+134%), from €19,833 to €46,390
of which Remuneration and social security: +€26,137
- Staff costs +€161,906
up €161,906 (+173%), from €93,490 to €255,395
- Gross operating margin +€146,139
up €146,139 (+74.4%), from €196,404 to €342,543
- Other operating charges -€137,794
down €137,794 (-99.7%), from €138,248 to €453
- Taxes +€3,997
new in 2024: €3,997
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 | €765,307 | €1,150,416 | +€385,110 | +50.3% |
| Fixed assets | 21/28 | €80,427 | €80,735 | +€307 | +0.4% |
| Tangible fixed assets | 22/27 | €82 | €390 | +€307 | +373% |
| Furniture and vehicles | 24 | €82 | €390 | +€307 | +373% |
| Financial fixed assets | 28 | €80,345 | €80,345 | = | 0.0% |
| Current assets | 29/58 | €684,879 | €1,069,682 | +€384,803 | +56.2% |
| Amounts receivable within one year | 40/41 | €615,517 | €1,034,429 | +€418,911 | +68.1% |
| Trade receivables | 40 | €567,453 | €980,429 | +€412,976 | +72.8% |
| Other amounts receivable | 41 | €48,065 | €54,000 | +€5,935 | +12.3% |
| Cash at bank and in hand | 54/58 | €69,362 | €34,555 | -€34,807 | -50.2% |
| Deferred charges and accrued income | 490/1 | €0 | €698 | +€698 | |
| Total equity and liabilities | 10/49 | €765,307 | €1,150,416 | +€385,110 | +50.3% |
| Equity | 10/15 | -€30,489 | €51,550 | +€82,039 | |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€80,489 | €1,550 | +€82,039 | |
| Amounts payable | 17/49 | €795,795 | €1,098,867 | +€303,071 | +38.1% |
| Amounts payable within one year | 42/48 | €795,795 | €1,098,867 | +€303,071 | +38.1% |
| Trade debts | 44 | €480,962 | €897,463 | +€416,500 | +86.6% |
| Suppliers | 440/4 | €480,962 | €897,463 | +€416,500 | +86.6% |
| Advances received on contracts in progress | 46 | €35,000 | €35,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €19,833 | €46,390 | +€26,557 | +134% |
| Taxes | 450/3 | €3,577 | €3,997 | +€420 | +11.7% |
| Remuneration and social security | 454/9 | €16,256 | €42,393 | +€26,137 | +161% |
| Other amounts payable | 47/48 | €260,000 | €120,014 | -€139,986 | -53.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €93,490 | €255,395 | +€161,906 | +173% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €246 | +€94 | +62.4% |
| Other operating charges | 640/8 | €138,248 | €453 | -€137,794 | -99.7% |
| Gross operating margin | 9900 | €196,404 | €342,543 | +€146,139 | +74.4% |
| Operating profit (loss) | 9901 | -€35,485 | €86,449 | +€121,934 | |
| Financial income | 75/76B | €885 | €255 | -€630 | -71.1% |
| Recurring financial income | 75 | €885 | €255 | -€630 | -71.1% |
| Financial charges | 65/66B | €646 | €668 | +€22 | +3.5% |
| Recurring financial charges | 65 | €646 | €668 | +€22 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€35,246 | €86,036 | +€121,281 | |
| Income taxes | 67/77 | - | €3,997 | +€3,997 | |
| Profit (loss) for the period | 9904 | -€35,246 | €82,039 | +€117,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,246 | €82,039 | +€117,284 |
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 14 October 2026 via checked.be.