TSV TRANSPORTS: 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.
TSV TRANSPORTS
Largest movements
- Receivables within one year -€73,886
down €73,886 (-91.4%), from €80,843 to €6,957
of which Other amounts receivable: -€49,851
- Deferred charges and accrued income -€22,626
no longer reported in 2023 (was €22,626)
- Tangible fixed assets -€10,167
down €10,167 (-44.3%), from €22,958 to €12,792
- Cash +€6,019
up €6,019 (+660%), from €912 to €6,930
mainly Receivables within one year (+€73,886) and Other debts (+€35,339)
- Tax, wage and social debts -€50,966
down €50,966 (-75.7%), from €67,365 to €16,399
of which Taxes: -€45,908
- Trade debts -€49,654
down €49,654 (-89.6%), from €55,448 to €5,794
- Profit (loss) carried forward -€35,378
down €35,378 (-129%), from -€27,404 to -€62,782
- Other debts +€35,339
up €35,339 (+122%), from €28,930 to €64,269
- Turnover -€352,677
down €352,677 (-70.2%), from €502,420 to €149,742
- Purchases and services -€297,705
down €297,705 (-63.4%), from €469,289 to €171,584
- Gross operating margin -€54,972
down €54,972, from €33,131 to -€21,841
- Staff costs -€37,976
down €37,976 (-98.6%), from €38,522 to €547
- Financial charges -€6,493
down €6,493 (-87.9%), from €7,390 to €897
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 | €127,339 | €26,679 | -€100,659 | -79.0% |
| Fixed assets | 21/28 | €22,958 | €12,792 | -€10,167 | -44.3% |
| Tangible fixed assets | 22/27 | €22,958 | €12,792 | -€10,167 | -44.3% |
| Furniture and vehicles | 24 | €22,958 | €12,792 | -€10,167 | -44.3% |
| Current assets | 29/58 | €104,381 | €13,888 | -€90,493 | -86.7% |
| Amounts receivable within one year | 40/41 | €80,843 | €6,957 | -€73,886 | -91.4% |
| Trade receivables | 40 | €30,992 | €6,957 | -€24,035 | -77.6% |
| Other amounts receivable | 41 | €49,851 | - | -€49,851 | |
| Cash at bank and in hand | 54/58 | €912 | €6,930 | +€6,019 | +660% |
| Deferred charges and accrued income | 490/1 | €22,626 | - | -€22,626 | |
| Total equity and liabilities | 10/49 | €127,339 | €26,679 | -€100,659 | -79.0% |
| Equity | 10/15 | -€24,404 | -€59,782 | -€35,378 | -145% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,404 | -€62,782 | -€35,378 | -129% |
| Amounts payable | 17/49 | €151,743 | €86,462 | -€65,281 | -43.0% |
| Amounts payable within one year | 42/48 | €151,743 | €86,462 | -€65,281 | -43.0% |
| Trade debts | 44 | €55,448 | €5,794 | -€49,654 | -89.6% |
| Suppliers | 440/4 | €55,448 | €5,794 | -€49,654 | -89.6% |
| Taxes, remuneration and social security | 45 | €67,365 | €16,399 | -€50,966 | -75.7% |
| Taxes | 450/3 | €58,379 | €12,471 | -€45,908 | -78.6% |
| Remuneration and social security | 454/9 | €8,986 | €3,928 | -€5,058 | -56.3% |
| Other amounts payable | 47/48 | €28,930 | €64,269 | +€35,339 | +122% |
| Turnover | 70 | €502,420 | €149,742 | -€352,677 | -70.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €469,289 | €171,584 | -€297,705 | -63.4% |
| Remuneration, social security and pensions | 62 | €38,522 | €547 | -€37,976 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,542 | €10,167 | +€2,625 | +34.8% |
| Other operating charges | 640/8 | €7,081 | €1,927 | -€5,154 | -72.8% |
| Gross operating margin | 9900 | €33,131 | -€21,841 | -€54,972 | |
| Operating profit (loss) | 9901 | -€20,015 | -€34,481 | -€14,467 | -72.3% |
| Financial charges | 65/66B | €7,390 | €897 | -€6,493 | -87.9% |
| Recurring financial charges | 65 | €7,390 | €897 | -€6,493 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€27,404 | -€35,378 | -€7,974 | -29.1% |
| Profit (loss) for the period | 9904 | -€27,404 | -€35,378 | -€7,974 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,404 | -€35,378 | -€7,974 | -29.1% |
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 25 October 2026 via checked.be.