TEARDROP: 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.
TEARDROP
Largest movements
- Receivables within one year +€31,680
up €31,680 (+37.6%), from €84,345 to €116,025
of which Other amounts receivable: +€34,645
- Cash +€13,046
up €13,046 (+7247533.3%), from €0 to €13,046
mainly Net result for the year (+€16,469) and Tax, wage and social debts (+€14,824)
- Deferred charges and accrued income +€4,026
up €4,026 (+2759.0%), from €146 to €4,172
- Reserves +€16,469
up €16,469 (+88.3%), from €18,644 to €35,113
- Tax, wage and social debts +€14,824
up €14,824 (+75.5%), from €19,625 to €34,449
of which Remuneration and social security: +€9,905
- Debts after one year +€7,451
new in 2024: €7,451
- Short-term financial debts +€5,123
new in 2024: €5,123
- Trade debts +€3,064
up €3,064 (+6.9%), from €44,222 to €47,286
- Gross operating margin +€55,875
up €55,875 (+213.6%), from €26,157 to €82,031
- Staff costs +€41,695
new in 2024: €41,695
- Write-downs +€16,234
new in 2024: €16,234
- Financial charges +€4,054
up €4,054 (+4115.8%), from €98 to €4,152
- Financial income +€3,914
up €3,914 (+2682.3%), from €146 to €4,060
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 | €84,491 | €133,242 | +€48,751 | +57.7% |
| Current assets | 29/58 | €84,491 | €133,242 | +€48,751 | +57.7% |
| Amounts receivable within one year | 40/41 | €84,345 | €116,025 | +€31,680 | +37.6% |
| Trade receivables | 40 | €75,132 | €72,167 | -€2,965 | -3.9% |
| Other amounts receivable | 41 | €9,213 | €43,858 | +€34,645 | +376.1% |
| Cash at bank and in hand | 54/58 | €0 | €13,046 | +€13,046 | +7247533.3% |
| Deferred charges and accrued income | 490/1 | €146 | €4,172 | +€4,026 | +2759.0% |
| Total equity and liabilities | 10/49 | €84,491 | €133,242 | +€48,751 | +57.7% |
| Equity | 10/15 | €20,644 | €37,113 | +€16,469 | +79.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,644 | €35,113 | +€16,469 | +88.3% |
| Distributable reserves | 133 | €18,644 | €35,113 | +€16,469 | +88.3% |
| Amounts payable | 17/49 | €63,847 | €96,129 | +€32,282 | +50.6% |
| Amounts payable after more than one year | 17 | - | €7,451 | +€7,451 | |
| Financial debts | 170/4 | - | €7,451 | +€7,451 | |
| Amounts payable within one year | 42/48 | €63,847 | €88,678 | +€24,831 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,820 | +€1,820 | |
| Financial debts | 43 | - | €5,123 | +€5,123 | |
| Credit institutions | 430/8 | - | €5,123 | +€5,123 | |
| Trade debts | 44 | €44,222 | €47,286 | +€3,064 | +6.9% |
| Suppliers | 440/4 | €44,222 | €47,286 | +€3,064 | +6.9% |
| Taxes, remuneration and social security | 45 | €19,625 | €34,449 | +€14,824 | +75.5% |
| Taxes | 450/3 | €18,331 | €23,249 | +€4,918 | +26.8% |
| Remuneration and social security | 454/9 | €1,294 | €11,199 | +€9,905 | +765.5% |
| Remuneration, social security and pensions | 62 | - | €41,695 | +€41,695 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,234 | +€16,234 | |
| Other operating charges | 640/8 | €321 | €315 | -€6 | -2.0% |
| Gross operating margin | 9900 | €26,157 | €82,031 | +€55,875 | +213.6% |
| Operating profit (loss) | 9901 | €25,836 | €23,788 | -€2,048 | -7.9% |
| Financial income | 75/76B | €146 | €4,060 | +€3,914 | +2682.3% |
| Recurring financial income | 75 | €146 | €4,060 | +€3,914 | +2682.3% |
| Financial charges | 65/66B | €98 | €4,152 | +€4,054 | +4115.8% |
| Recurring financial charges | 65 | €98 | €4,152 | +€4,054 | +4115.8% |
| Profit (loss) for the period before taxes | 9903 | €25,883 | €23,695 | -€2,188 | -8.5% |
| Income taxes | 67/77 | €7,239 | €7,226 | -€13 | -0.2% |
| Profit (loss) for the period | 9904 | €18,644 | €16,469 | -€2,175 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €18,644 | €16,469 | -€2,175 | -11.7% |
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 9 October 2026 via checked.be.