TSK GYPROC: what changed
Two fiscal 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.
TSK GYPROC
Largest movements
- Stocks and contracts -€24,680
down €24,680 (-35.5%), from €69,430 to €44,750
- Receivables within one year -€19,710
down €19,710 (-4.3%), from €460,026 to €440,316
of which Trade receivables: -€32,269
- Tangible fixed assets -€11,683
down €11,683 (-47.2%), from €24,770 to €13,087
of which Furniture and vehicles: -€9,527
- Trade debts -€86,256
down €86,256 (-38.0%), from €226,836 to €140,580
- Short-term financial debts +€64,000
up €64,000 (+266.7%), from €24,000 to €88,000
- Tax, wage and social debts -€43,296
down €43,296 (-71.7%), from €60,366 to €17,070
of which Taxes: -€48,558
- Profit (loss) carried forward +€21,932
up €21,932 (+12.2%), from €179,093 to €201,025
- Other debts -€10,000
no longer reported in 2024 (was €10,000)
- Gross operating margin -€7,565
down €7,565 (-11.4%), from €66,410 to €58,845
- Taxes +€2,364
up €2,364 (+28.1%), from €8,411 to €10,775
- Depreciation -€1,189
down €1,189 (-6.0%), from €19,680 to €18,491
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.
Cash bridge derived
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 | €575,373 | €520,850 | -€54,523 | -9.5% |
| Fixed assets | 21/28 | €38,331 | €26,648 | -€11,683 | -30.5% |
| Tangible fixed assets | 22/27 | €24,770 | €13,087 | -€11,683 | -47.2% |
| Plant, machinery and equipment | 23 | €10,993 | €8,837 | -€2,157 | -19.6% |
| Furniture and vehicles | 24 | €13,777 | €4,250 | -€9,527 | -69.1% |
| Financial fixed assets | 28 | €13,561 | €13,561 | = | 0.0% |
| Current assets | 29/58 | €537,042 | €494,202 | -€42,840 | -8.0% |
| Stocks and contracts in progress | 3 | €69,430 | €44,750 | -€24,680 | -35.5% |
| Stocks | 30/36 | €69,430 | €44,750 | -€24,680 | -35.5% |
| Amounts receivable within one year | 40/41 | €460,026 | €440,316 | -€19,710 | -4.3% |
| Trade receivables | 40 | €456,642 | €424,373 | -€32,269 | -7.1% |
| Other amounts receivable | 41 | €3,383 | €15,943 | +€12,560 | +371.2% |
| Cash at bank and in hand | 54/58 | €3,811 | €4,669 | +€857 | +22.5% |
| Deferred charges and accrued income | 490/1 | €3,775 | €4,467 | +€693 | +18.4% |
| Total equity and liabilities | 10/49 | €575,373 | €520,850 | -€54,523 | -9.5% |
| Equity | 10/15 | €249,818 | €271,750 | +€21,932 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €64,525 | €64,525 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,665 | €62,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | €179,093 | €201,025 | +€21,932 | +12.2% |
| Amounts payable | 17/49 | €325,555 | €249,100 | -€76,455 | -23.5% |
| Amounts payable within one year | 42/48 | €324,646 | €249,100 | -€75,546 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €3,444 | €3,450 | +€5 | +0.2% |
| Financial debts | 43 | €24,000 | €88,000 | +€64,000 | +266.7% |
| Credit institutions | 430/8 | €24,000 | €88,000 | +€64,000 | +266.7% |
| Trade debts | 44 | €226,836 | €140,580 | -€86,256 | -38.0% |
| Suppliers | 440/4 | €226,836 | €140,580 | -€86,256 | -38.0% |
| Taxes, remuneration and social security | 45 | €60,366 | €17,070 | -€43,296 | -71.7% |
| Taxes | 450/3 | €53,318 | €4,760 | -€48,558 | -91.1% |
| Remuneration and social security | 454/9 | €7,048 | €12,310 | +€5,262 | +74.7% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Accrued charges and deferred income | 492/3 | €909 | - | -€909 | |
| Non-recurring operating income | 76A | €6,742 | €2,893 | -€3,849 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,680 | €18,491 | -€1,189 | -6.0% |
| Other operating charges | 640/8 | €3,011 | €2,904 | -€107 | -3.5% |
| Gross operating margin | 9900 | €66,410 | €58,845 | -€7,565 | -11.4% |
| Operating profit (loss) | 9901 | €43,719 | €37,449 | -€6,270 | -14.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €4,102 | €4,744 | +€641 | +15.6% |
| Recurring financial charges | 65 | €4,102 | €4,494 | +€391 | +9.5% |
| Non-recurring financial charges | 66B | - | €250 | +€250 | |
| Profit (loss) for the period before taxes | 9903 | €39,617 | €32,707 | -€6,910 | -17.4% |
| Income taxes | 67/77 | €8,411 | €10,775 | +€2,364 | +28.1% |
| Profit (loss) for the period | 9904 | €31,206 | €21,932 | -€9,274 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,206 | €21,932 | -€9,274 | -29.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.