TTC RA: 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.
TTC RA
Largest movements
- Cash -€5,535
down €5,535 (-71.3%), from €7,761 to €2,226
mainly Tax, wage and social debts (-€3,574) and Stocks and contracts (-€2,967)
- Stocks and contracts +€2,967
up €2,967 (+22.8%), from €13,011 to €15,978
- Tax, wage and social debts -€3,574
down €3,574 (-91.9%), from €3,887 to €313
- Reserves +€1,644
up €1,644 (+15.2%), from €10,827 to €12,471
- Trade debts -€560
down €560 (-12.7%), from €4,405 to €3,845
- Gross operating margin +€2,406
up €2,406, from -€320 to €2,086
- Taxes +€313
new in 2024: €313
- Financial charges -€78
down €78 (-40.2%), from €194 to €116
- Other operating charges +€50
new in 2024: €50
- Financial income -€34
down €34 (-47.9%), from €71 to €37
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 | €24,119 | €21,629 | -€2,490 | -10.3% |
| Current assets | 29/58 | €24,119 | €21,629 | -€2,490 | -10.3% |
| Stocks and contracts in progress | 3 | €13,011 | €15,978 | +€2,967 | +22.8% |
| Stocks | 30/36 | €13,011 | €15,978 | +€2,967 | +22.8% |
| Amounts receivable within one year | 40/41 | €3,334 | €3,280 | -€54 | -1.6% |
| Trade receivables | 40 | €1,468 | €2,072 | +€604 | +41.1% |
| Other amounts receivable | 41 | €1,866 | €1,208 | -€658 | -35.3% |
| Cash at bank and in hand | 54/58 | €7,761 | €2,226 | -€5,535 | -71.3% |
| Deferred charges and accrued income | 490/1 | €13 | €145 | +€132 | +1015.4% |
| Total equity and liabilities | 10/49 | €24,119 | €21,629 | -€2,490 | -10.3% |
| Equity | 10/15 | €15,827 | €17,471 | +€1,644 | +10.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,827 | €12,471 | +€1,644 | +15.2% |
| Distributable reserves | 133 | €10,827 | €12,471 | +€1,644 | +15.2% |
| Amounts payable | 17/49 | €8,292 | €4,158 | -€4,134 | -49.9% |
| Amounts payable within one year | 42/48 | €8,292 | €4,158 | -€4,134 | -49.9% |
| Trade debts | 44 | €4,405 | €3,845 | -€560 | -12.7% |
| Suppliers | 440/4 | €4,405 | €3,845 | -€560 | -12.7% |
| Taxes, remuneration and social security | 45 | €3,887 | €313 | -€3,574 | -91.9% |
| Taxes | 450/3 | €3,887 | €313 | -€3,574 | -91.9% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | -€320 | €2,086 | +€2,406 | |
| Operating profit (loss) | 9901 | -€320 | €2,036 | +€2,356 | |
| Financial income | 75/76B | €71 | €37 | -€34 | -47.9% |
| Recurring financial income | 75 | €71 | €37 | -€34 | -47.9% |
| Financial charges | 65/66B | €194 | €116 | -€78 | -40.2% |
| Recurring financial charges | 65 | €194 | €116 | -€78 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | -€443 | €1,957 | +€2,400 | |
| Income taxes | 67/77 | - | €313 | +€313 | |
| Profit (loss) for the period | 9904 | -€443 | €1,644 | +€2,087 | |
| Profit (loss) for the period to be appropriated | 9905 | -€443 | €1,644 | +€2,087 |
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 10 October 2026 via checked.be.