TPH
InactiveFinancials · financial year 2024, abbreviated format
Turnover
≈ €140,000
Estimated: probably between €76,000 and €270,000
Total assets
€1.6m▲ 9.1%
2023 · €1.4m
Net result
€179,538
2023 · -€5,526
Working capital
€1.4m
2023 · -€7,026
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result returns to profit in 2024: €38,390 after a loss of €4,144 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.04m
2024
Net result€0.2m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.6m
2024
Equity€1.4m
2024
Debt€0.2m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€1.4m
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result-€0.05m--€0.003m▲ 93.9%-€0.004m▼ 5.7%-€0.005m▼ 52.1%-€0.002m▲ 67.9%-€0.004m▼ 141%€0.04m
Net result€0.06m-€0.05m▼ 15.1%€0.06m▲ 20.9%€0.4m▲ 664%€0.05m▼ 89.2%-€0.006m€0.2m
Equity€1.0m-€1.1m▲ 4.6%€1.1m▲ 5.4%€1.6m▲ 38.8%€1.2m▼ 23.6%€1.2m▼ 0.5%€1.4m▲ 15.0%
Total assets€1.3m-€1.3m▼ 2.1%€1.3m▼ 0.2%€1.7m▲ 29.2%€1.7m▼ 0.2%€1.4m▼ 14.8%€1.6m▲ 9.1%
Debt€0.3m-€0.2m▼ 25.2%€0.2m▼ 27.0%€0.1m▼ 37.1%€0.5m▲ 358%€0.2m▼ 51.5%€0.2m▼ 21.9%
Working capital€0.03m-€0.02m▼ 7.9%€0.03m▲ 28.8%€0.4m▲ 13×-€0.002m-€0.007m▼ 368%€1.4m
Staff (FTE)00
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Why a figure moved sharply
- 2022 Net result -89% on 2021. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1,500 ▼ 99.9%
Current assets
€1.6m ▲ 603%
Equity and liabilities €1.6m
Equity
€1.4m ▲ 15.0%
Debt
€177,563 ▼ 21.9%
Debt's share of the balance-sheet total falls from 16.0% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
8.73▲
2023 · 0.97
Debt to equity
0.13▼
2023 · 0.19
ROE
13.1%▲
2023 · -0.5%
ROA
11.6%▲
2023 · -0.4%
Debt ≤ 1 year
€177,563▼
2023 · €227,474
Income taxes
€8,877
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €969 | €970 | €1,069 | €1,193 | ▲ 11.5% |
| Gross operating margin9900 | -€54,433 | -€2,364 | -€2,553 | -€4,387 | -€749 | -€3,075 | €39,582 | - |
| Operating profit (loss)9901 | -€54,883 | -€3,330 | -€3,521 | -€5,356 | -€1,719 | -€4,144 | €38,390 | - |
| Financial income75/76B | - | - | - | €446,965 | €51,200 | €0 | €150,315 | - |
| Recurring financial income75 | €129,920 | €54,546 | €64,107 | €446,965 | €51,200 | €0 | €150,315 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | €150,315 | - |
| Financial charges65/66B | - | - | - | €2,728 | €1,992 | €1,381 | €289 | ▼ 79.0% |
| Recurring financial charges65 | €19,067 | €3,673 | €3,104 | €2,728 | €1,992 | €1,381 | €289 | ▼ 79.0% |
| Profit (loss) for the period before taxes9903 | €55,970 | €47,543 | €57,482 | €438,881 | €47,489 | -€5,526 | €188,415 | - |
| Income taxes67/77 | - | - | - | - | - | - | €8,877 | - |
| Profit (loss) for the period9904 | €55,970 | €47,543 | €57,482 | €438,881 | €47,489 | -€5,526 | €179,538 | - |
| Profit (loss) for the period to be appropriated9905 | €55,970 | €47,543 | €57,482 | €438,881 | €47,489 | -€5,526 | €179,538 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.3m | €1.3m | €1.3m | €1.7m | €1.7m | €1.4m | €1.6m | ▲ 9.1% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €0.002m | ▼ 99.9% |
| Financial fixed assets28 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | €0.002m | ▼ 99.9% |
| Current assets29/58 | €0.1m | €0.1m | €0.09m | €0.5m | €0.5m | €0.2m | €1.6m | ▲ 603% |
| Amounts receivable within one year40/41 | - | - | €0.02m | €0.02m | €0.4m | €0.2m | €1.5m | ▲ 619% |
| Trade receivables40 | - | - | - | - | - | - | €0.04m | - |
| Other amounts receivable41 | - | - | - | €0.02m | €0.4m | €0.2m | €1.5m | ▲ 599% |
| Cash at bank and in hand54/58 | €0.06m | €0.04m | €0.01m | €0.008m | €0.002m | €0.005m | €0.002m | ▼ 55.3% |
| Deferred charges and accrued income490/1 | - | - | - | €0.4m | €0.05m | €0 | - | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.3m | €1.7m | €1.7m | €1.4m | €1.6m | ▲ 9.1% |
| Equity10/15 | €1.0m | €1.1m | €1.1m | €1.6m | €1.2m | €1.2m | €1.4m | ▲ 15.0% |
| Contributions10/11 | €0.9m | €0.9m | - | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Reserves13 | €0.006m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €0.009m | €0.009m | €0.009m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | - | - | €0.009m | - |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €0.2m | €0.7m | €0.3m | €0.3m | €0.5m | ▲ 62.8% |
| Amounts payable17/49 | €0.3m | €0.2m | €0.2m | €0.1m | €0.5m | €0.2m | €0.2m | ▼ 21.9% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.05m | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.05m | - | - | - | - |
| Amounts payable within one year42/48 | €0.1m | €0.07m | €0.06m | €0.05m | €0.5m | €0.2m | €0.2m | ▼ 21.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.05m | €0 | - | - |
| Trade debts44 | €0.02m | €0.006m | €0.005m | - | €52 | €0 | €0.001m | - |
| Suppliers440/4 | - | - | - | - | €52 | €0 | €0.001m | - |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €0.009m | - |
| Taxes450/3 | - | - | - | - | - | - | €0.009m | - |
| Other amounts payable47/48 | - | - | - | - | €0.4m | €0.2m | €0.2m | ▼ 26.4% |
| Accrued charges and deferred income492/3 | - | - | - | €27 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.06m | €0.05m | €0.06m | €0.4m | €0.05m | -€0.006m | €0.2m | - |
| Operating cash flow (approximation) | €0.06m | €0.05m | €0.06m | €0.4m | €0.05m | -€0.006m | €0.2m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €1.2m | - |
| Change in cash | - | -€0.02m | -€0.03m | -€0.004m | -€0.005m | €0.003m | -€0.003m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 18-07-2025 | 2025-00291441 |
| 31-12-2023 | abbreviated format | 27-07-2024 | 2024-00298685 |
| 31-12-2022 | abbreviated format | 30-08-2023 | 2023-00399451 |
| 31-12-2021 | micro format | 26-07-2022 | 2022-20274778 |
| 31-12-2020 | micro format | 23-07-2021 | 2021-39100119 |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48000221 |
| 31-12-2018 | micro format | 31-07-2019 | 2019-43900527 |
| 31-12-2017 | abbreviated format | 10-08-2018 | 2018-44800184 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.