T.C.T. HORECA: 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.
T.C.T. HORECA
Largest movements
- Receivables within one year -€24,257
down €24,257 (-98.3%), from €24,688 to €431
of which Trade receivables: -€24,177
- Intangible fixed assets -€18,500
down €18,500 (-13.5%), from €137,158 to €118,658
- Tangible fixed assets +€2,841
up €2,841 (+21.0%), from €13,547 to €16,388
of which Other tangible fixed assets: +€3,265
- Tax, wage and social debts -€21,392
down €21,392 (-20.9%), from €102,287 to €80,895
of which Taxes: -€10,735
- Profit (loss) carried forward -€19,301
down €19,301, from €1,067 to -€18,234
- Other debts +€10,800
up €10,800 (+960%), from €1,125 to €11,925
- Trade debts -€10,710
down €10,710 (-47.7%), from €22,458 to €11,748
- Gross operating margin -€77,105
down €77,105 (-51.9%), from €148,491 to €71,386
- Staff costs -€27,220
down €27,220 (-31.6%), from €86,019 to €58,799
- Taxes -€9,849
down €9,849 (-100%), from €9,849 to €0
- Other operating charges +€7,260
new in 2025: €7,260
- Depreciation +€2,413
up €2,413 (+12.0%), from €20,175 to €22,588
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,673 | €136,070 | -€40,604 | -23.0% |
| Fixed assets | 21/28 | €151,087 | €135,428 | -€15,659 | -10.4% |
| Intangible fixed assets | 21 | €137,158 | €118,658 | -€18,500 | -13.5% |
| Tangible fixed assets | 22/27 | €13,547 | €16,388 | +€2,841 | +21.0% |
| Furniture and vehicles | 24 | €1,727 | €1,303 | -€424 | -24.6% |
| Other tangible fixed assets | 26 | €11,820 | €15,085 | +€3,265 | +27.6% |
| Financial fixed assets | 28 | €383 | €383 | = | 0.0% |
| Current assets | 29/58 | €25,586 | €642 | -€24,945 | -97.5% |
| Amounts receivable within one year | 40/41 | €24,688 | €431 | -€24,257 | -98.3% |
| Trade receivables | 40 | €24,571 | €394 | -€24,177 | -98.4% |
| Other amounts receivable | 41 | €117 | €37 | -€80 | -68.5% |
| Cash at bank and in hand | 54/58 | €383 | €211 | -€172 | -44.9% |
| Deferred charges and accrued income | 490/1 | €516 | €0 | -€516 | -100% |
| Total equity and liabilities | 10/49 | €176,673 | €136,070 | -€40,604 | -23.0% |
| Equity | 10/15 | €50,803 | €31,502 | -€19,301 | -38.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,136 | €31,136 | = | 0.0% |
| Distributable reserves | 133 | €31,136 | €31,136 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,067 | -€18,234 | -€19,301 | |
| Amounts payable | 17/49 | €125,870 | €104,568 | -€21,302 | -16.9% |
| Amounts payable within one year | 42/48 | €125,870 | €104,568 | -€21,302 | -16.9% |
| Trade debts | 44 | €22,458 | €11,748 | -€10,710 | -47.7% |
| Suppliers | 440/4 | €22,458 | €11,748 | -€10,710 | -47.7% |
| Taxes, remuneration and social security | 45 | €102,287 | €80,895 | -€21,392 | -20.9% |
| Taxes | 450/3 | €77,305 | €66,570 | -€10,735 | -13.9% |
| Remuneration and social security | 454/9 | €24,982 | €14,325 | -€10,657 | -42.7% |
| Other amounts payable | 47/48 | €1,125 | €11,925 | +€10,800 | +960% |
| Remuneration, social security and pensions | 62 | €86,019 | €58,799 | -€27,220 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,175 | €22,588 | +€2,413 | +12.0% |
| Other operating charges | 640/8 | - | €7,260 | +€7,260 | |
| Gross operating margin | 9900 | €148,491 | €71,386 | -€77,105 | -51.9% |
| Operating profit (loss) | 9901 | €42,298 | -€17,260 | -€59,558 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,173 | €2,041 | -€1,132 | -35.7% |
| Recurring financial charges | 65 | €3,173 | €2,041 | -€1,132 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €39,125 | -€19,301 | -€58,427 | |
| Income taxes | 67/77 | €9,849 | €0 | -€9,849 | -100% |
| Profit (loss) for the period | 9904 | €29,276 | -€19,301 | -€48,577 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,276 | -€19,301 | -€48,577 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.