Tse-tu: 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.
Tse-tu
Largest movements
- Receivables within one year +€1,536
up €1,536 (+29.3%), from €5,240 to €6,776
of which Other amounts receivable: +€1,536
- Cash -€313
down €313 (-45.1%), from €696 to €382
mainly Receivables within one year (-€1,536) and Tax, wage and social debts (-€11)
- Deferred charges and accrued income -€131
no longer reported in 2023 (was €131)
- Profit (loss) carried forward +€562
up €562 (+4.0%), from -€14,180 to -€13,618
- Trade debts +€541
up €541 (+85.5%), from €633 to €1,175
- Gross operating margin -€1,240
down €1,240 (-53.7%), from €2,310 to €1,070
- Depreciation -€851
no longer reported in 2023 (was €851)
- Other operating charges -€128
down €128 (-14.9%), from €854 to €726
- Financial income +€30
up €30 (+12.0%), from €249 to €279
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,066 | €7,158 | +€1,092 | +18.0% |
| Current assets | 29/58 | €6,066 | €7,158 | +€1,092 | +18.0% |
| Amounts receivable within one year | 40/41 | €5,240 | €6,776 | +€1,536 | +29.3% |
| Trade receivables | 40 | €926 | €926 | = | 0.0% |
| Other amounts receivable | 41 | €4,313 | €5,849 | +€1,536 | +35.6% |
| Cash at bank and in hand | 54/58 | €696 | €382 | -€313 | -45.1% |
| Deferred charges and accrued income | 490/1 | €131 | - | -€131 | |
| Total equity and liabilities | 10/49 | €6,066 | €7,158 | +€1,092 | +18.0% |
| Equity | 10/15 | €4,406 | €4,968 | +€562 | +12.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €36 | €36 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36 | €36 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36 | €36 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,180 | -€13,618 | +€562 | +4.0% |
| Amounts payable | 17/49 | €1,660 | €2,190 | +€530 | +31.9% |
| Amounts payable within one year | 42/48 | €1,660 | €2,190 | +€530 | +31.9% |
| Trade debts | 44 | €633 | €1,175 | +€541 | +85.5% |
| Suppliers | 440/4 | €633 | €1,175 | +€541 | +85.5% |
| Taxes, remuneration and social security | 45 | €66 | €55 | -€11 | -16.7% |
| Taxes | 450/3 | €66 | €55 | -€11 | -16.7% |
| Other amounts payable | 47/48 | €961 | €961 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €851 | - | -€851 | |
| Other operating charges | 640/8 | €854 | €726 | -€128 | -14.9% |
| Gross operating margin | 9900 | €2,310 | €1,070 | -€1,240 | -53.7% |
| Operating profit (loss) | 9901 | €606 | €344 | -€262 | -43.2% |
| Financial income | 75/76B | €249 | €279 | +€30 | +12.0% |
| Recurring financial income | 75 | €249 | €279 | +€30 | +12.0% |
| Financial charges | 65/66B | €59 | €61 | +€2 | +3.4% |
| Recurring financial charges | 65 | €59 | €61 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €795 | €562 | -€234 | -29.4% |
| Profit (loss) for the period | 9904 | €795 | €562 | -€234 | -29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €795 | €562 | -€234 | -29.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.