TRSHANA: 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.
TRSHANA
Largest movements
- Receivables within one year -€35,448
down €35,448 (-10.1%), from €352,076 to €316,629
of which Other amounts receivable: -€26,073
- Cash -€19,823
down €19,823 (-96.4%), from €20,572 to €749
mainly Tax, wage and social debts (-€50,194) and Net result for the year (-€25,267)
- Tangible fixed assets -€8,620
down €8,620 (-23.3%), from €36,969 to €28,349
of which Furniture and vehicles: -€6,558
- Tax, wage and social debts -€50,194
down €50,194 (-67.7%), from €74,132 to €23,939
- Profit (loss) carried forward -€25,267
down €25,267 (-11.3%), from €223,893 to €198,626
- Trade debts +€17,570
up €17,570 (+17.0%), from €103,093 to €120,663
- Accrued charges and deferred income -€6,000
no longer reported in 2024 (was €6,000)
- Gross operating margin -€109,412
down €109,412, from €75,183 to -€34,229
- Taxes -€20,455
no longer reported in 2024 (was €20,455)
- Other operating charges -€1,583
down €1,583 (-84.6%), from €1,870 to €287
- Depreciation -€989
down €989 (-10.3%), from €9,609 to €8,620
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 | €409,618 | €345,727 | -€63,891 | -15.6% |
| Fixed assets | 21/28 | €36,969 | €28,349 | -€8,620 | -23.3% |
| Tangible fixed assets | 22/27 | €36,969 | €28,349 | -€8,620 | -23.3% |
| Land and buildings | 22 | €18,294 | €16,232 | -€2,062 | -11.3% |
| Furniture and vehicles | 24 | €18,675 | €12,118 | -€6,558 | -35.1% |
| Current assets | 29/58 | €372,649 | €317,378 | -€55,271 | -14.8% |
| Amounts receivable within one year | 40/41 | €352,076 | €316,629 | -€35,448 | -10.1% |
| Trade receivables | 40 | €11,486 | €2,111 | -€9,375 | -81.6% |
| Other amounts receivable | 41 | €340,590 | €314,518 | -€26,073 | -7.7% |
| Cash at bank and in hand | 54/58 | €20,572 | €749 | -€19,823 | -96.4% |
| Total equity and liabilities | 10/49 | €409,618 | €345,727 | -€63,891 | -15.6% |
| Equity | 10/15 | €226,393 | €201,126 | -€25,267 | -11.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €223,893 | €198,626 | -€25,267 | -11.3% |
| Amounts payable | 17/49 | €183,225 | €144,601 | -€38,624 | -21.1% |
| Amounts payable within one year | 42/48 | €177,225 | €144,601 | -€32,624 | -18.4% |
| Trade debts | 44 | €103,093 | €120,663 | +€17,570 | +17.0% |
| Suppliers | 440/4 | €103,093 | €120,663 | +€17,570 | +17.0% |
| Taxes, remuneration and social security | 45 | €74,132 | €23,939 | -€50,194 | -67.7% |
| Taxes | 450/3 | €74,132 | €23,939 | -€50,194 | -67.7% |
| Accrued charges and deferred income | 492/3 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,609 | €8,620 | -€989 | -10.3% |
| Other operating charges | 640/8 | €1,870 | €287 | -€1,583 | -84.6% |
| Gross operating margin | 9900 | €75,183 | -€34,229 | -€109,412 | |
| Operating profit (loss) | 9901 | €63,704 | -€43,137 | -€106,841 | |
| Financial income | 75/76B | €17,224 | €17,957 | +€733 | +4.3% |
| Recurring financial income | 75 | €17,224 | €17,957 | +€733 | +4.3% |
| Financial charges | 65/66B | €703 | €87 | -€616 | -87.6% |
| Recurring financial charges | 65 | €703 | €87 | -€616 | -87.6% |
| Profit (loss) for the period before taxes | 9903 | €80,225 | -€25,267 | -€105,492 | |
| Income taxes | 67/77 | €20,455 | - | -€20,455 | |
| Profit (loss) for the period | 9904 | €59,770 | -€25,267 | -€85,037 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,770 | -€25,267 | -€85,037 |
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.