TXG: 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.
TXG
Largest movements
- Receivables within one year -€15,503
no longer reported in 2024 (was €15,503)
- Cash -€729
down €729 (-42.0%), from €1,738 to €1,009
mainly Net result for the year (-€71,252) and Accrued charges and deferred income (-€4,362)
- Profit (loss) carried forward -€31,252
down €31,252 (-154%), from -€20,338 to -€51,590
- Tax, wage and social debts +€12,281
up €12,281 (+60.5%), from €20,294 to €32,576
of which Remuneration and social security: +€14,021
- Other debts +€5,821
new in 2024: €5,821
- Accrued charges and deferred income -€4,362
no longer reported in 2024 (was €4,362)
- Trade debts +€1,279
up €1,279 (+10.7%), from €11,922 to €13,202
- Staff costs +€35,487
up €35,487 (+68.5%), from €51,826 to €87,314
- Turnover -€17,700
down €17,700 (-20.9%), from €84,655 to €66,955
- Gross operating margin -€16,937
down €16,937 (-51.1%), from €33,126 to €16,189
- Other operating charges -€1,638
no longer reported in 2024 (was €1,638)
- Purchases and services -€1,146
down €1,146 (-2.2%), from €51,913 to €50,766
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.
Derived cash bridge
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 | €17,241 | €1,009 | -€16,232 | -94.1% |
| Current assets | 29/58 | €17,241 | €1,009 | -€16,232 | -94.1% |
| Amounts receivable within one year | 40/41 | €15,503 | - | -€15,503 | |
| Other amounts receivable | 41 | €15,503 | - | -€15,503 | |
| Cash at bank and in hand | 54/58 | €1,738 | €1,009 | -€729 | -42.0% |
| Total equity and liabilities | 10/49 | €17,241 | €1,009 | -€16,232 | -94.1% |
| Equity | 10/15 | -€19,338 | -€50,590 | -€31,252 | -162% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | - | -€1,000 | |
| Other | 1109/19 | €1,000 | - | -€1,000 | |
| Profit (loss) carried forward | 14 | -€20,338 | -€51,590 | -€31,252 | -154% |
| Amounts payable | 17/49 | €36,579 | €51,599 | +€15,020 | +41.1% |
| Amounts payable within one year | 42/48 | €32,217 | €51,599 | +€19,382 | +60.2% |
| Trade debts | 44 | €11,922 | €13,202 | +€1,279 | +10.7% |
| Suppliers | 440/4 | €11,922 | €13,202 | +€1,279 | +10.7% |
| Taxes, remuneration and social security | 45 | €20,294 | €32,576 | +€12,281 | +60.5% |
| Taxes | 450/3 | €8,389 | €6,649 | -€1,739 | -20.7% |
| Remuneration and social security | 454/9 | €11,906 | €25,926 | +€14,021 | +118% |
| Other amounts payable | 47/48 | - | €5,821 | +€5,821 | |
| Accrued charges and deferred income | 492/3 | €4,362 | - | -€4,362 | |
| Turnover | 70 | €84,655 | €66,955 | -€17,700 | -20.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €51,913 | €50,766 | -€1,146 | -2.2% |
| Remuneration, social security and pensions | 62 | €51,826 | €87,314 | +€35,487 | +68.5% |
| Other operating charges | 640/8 | €1,638 | - | -€1,638 | |
| Gross operating margin | 9900 | €33,126 | €16,189 | -€16,937 | -51.1% |
| Operating profit (loss) | 9901 | -€20,338 | -€71,124 | -€50,787 | -250% |
| Financial charges | 65/66B | - | €128 | +€128 | |
| Recurring financial charges | 65 | - | €128 | +€128 | |
| Profit (loss) for the period before taxes | 9903 | -€20,338 | -€71,252 | -€50,914 | -250% |
| Profit (loss) for the period | 9904 | -€20,338 | -€71,252 | -€50,914 | -250% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,338 | -€71,252 | -€50,914 | -250% |
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 27 October 2026 via checked.be.