TVT-rent: 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.
TVT-rent
Largest movements
- Cash -€6,559
down €6,559 (-76.9%), from €8,530 to €1,971
mainly Net result for the year (-€18,778) and Investment in fixed assets (net) (-€8,338)
- Receivables within one year -€2,328
down €2,328 (-70.8%), from €3,288 to €960
of which Other amounts receivable: -€2,055
- Tangible fixed assets -€1,460
down €1,460 (-4.4%), from €33,428 to €31,968
of which Plant, machinery and equipment: -€3,315
- Deferred charges and accrued income -€635
down €635 (-44.9%), from €1,414 to €779
- Profit (loss) carried forward -€18,778
down €18,778 (-76.3%), from -€24,601 to -€43,380
- Other debts +€7,231
up €7,231 (+10.1%), from €71,262 to €78,493
- Depreciation +€2,307
up €2,307 (+29.4%), from €7,860 to €10,167
- Other operating charges +€1,337
up €1,337 (+169%), from €790 to €2,128
- Gross operating margin +€762
up €762 (+10.7%), from -€7,122 to -€6,360
- Taxes -€184
no longer reported in 2023 (was €184)
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 | €48,051 | €36,700 | -€11,351 | -23.6% |
| Fixed assets | 21/28 | €34,820 | €32,990 | -€1,830 | -5.3% |
| Intangible fixed assets | 21 | €1,393 | €1,023 | -€370 | -26.6% |
| Tangible fixed assets | 22/27 | €33,428 | €31,968 | -€1,460 | -4.4% |
| Plant, machinery and equipment | 23 | €19,056 | €15,740 | -€3,315 | -17.4% |
| Furniture and vehicles | 24 | €14,372 | €16,227 | +€1,855 | +12.9% |
| Current assets | 29/58 | €13,231 | €3,710 | -€9,521 | -72.0% |
| Amounts receivable within one year | 40/41 | €3,288 | €960 | -€2,328 | -70.8% |
| Trade receivables | 40 | €1,024 | €751 | -€273 | -26.7% |
| Other amounts receivable | 41 | €2,263 | €209 | -€2,055 | -90.8% |
| Cash at bank and in hand | 54/58 | €8,530 | €1,971 | -€6,559 | -76.9% |
| Deferred charges and accrued income | 490/1 | €1,414 | €779 | -€635 | -44.9% |
| Total equity and liabilities | 10/49 | €48,051 | €36,700 | -€11,351 | -23.6% |
| Equity | 10/15 | -€24,501 | -€43,280 | -€18,778 | -76.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,601 | -€43,380 | -€18,778 | -76.3% |
| Amounts payable | 17/49 | €72,553 | €79,980 | +€7,427 | +10.2% |
| Amounts payable within one year | 42/48 | €72,553 | €79,980 | +€7,427 | +10.2% |
| Trade debts | 44 | €1,262 | €1,468 | +€206 | +16.3% |
| Suppliers | 440/4 | €1,262 | €1,468 | +€206 | +16.3% |
| Taxes, remuneration and social security | 45 | €28 | €19 | -€9 | -33.3% |
| Taxes | 450/3 | €28 | €19 | -€9 | -33.3% |
| Other amounts payable | 47/48 | €71,262 | €78,493 | +€7,231 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,860 | €10,167 | +€2,307 | +29.4% |
| Other operating charges | 640/8 | €790 | €2,128 | +€1,337 | +169% |
| Gross operating margin | 9900 | -€7,122 | -€6,360 | +€762 | +10.7% |
| Operating profit (loss) | 9901 | -€15,773 | -€18,655 | -€2,882 | -18.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €146 | €123 | -€23 | -15.9% |
| Recurring financial charges | 65 | €146 | €123 | -€23 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,919 | -€18,778 | -€2,859 | -18.0% |
| Income taxes | 67/77 | €184 | - | -€184 | |
| Profit (loss) for the period | 9904 | -€16,103 | -€18,778 | -€2,675 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,103 | -€18,778 | -€2,675 | -16.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.