T.J.P. EXPRESS: 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.J.P. EXPRESS
Largest movements
- Cash +€8,286
up €8,286 (+89.3%), from €9,282 to €17,568
mainly Net result for the year (+€14,910) and Investment in fixed assets (net) (+€9,729)
- Financial fixed assets -€8,151
down €8,151 (-81.2%), from €10,036 to €1,885
- Tangible fixed assets -€5,499
down €5,499 (-17.0%), from €32,274 to €26,775
of which Leasing and similar rights: -€26,492
- Deferred charges and accrued income -€3,297
down €3,297 (-26.5%), from €12,444 to €9,146
- Debts after one year -€16,005
no longer reported in 2025 (was €16,005)
- Profit (loss) carried forward +€14,910
up €14,910 (+96.9%), from -€15,394 to -€483
- Current portion of long-term debt -€6,773
no longer reported in 2025 (was €6,773)
- Other debts -€4,985
down €4,985 (-99.7%), from €5,000 to €15
- Trade debts +€3,271
up €3,271 (+112%), from €2,924 to €6,196
- Gross operating margin +€19,279
up €19,279 (+32.7%), from €59,045 to €78,324
- Depreciation -€5,747
down €5,747 (-59.4%), from €9,668 to €3,921
- Financial charges +€3,326
up €3,326 (+81.5%), from €4,081 to €7,407
- Staff costs +€2,310
up €2,310 (+5.3%), from €43,328 to €45,638
- Taxes -€957
no longer reported in 2025 (was €957)
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 | €81,317 | €72,250 | -€9,067 | -11.1% |
| Fixed assets | 21/28 | €42,310 | €28,660 | -€13,650 | -32.3% |
| Tangible fixed assets | 22/27 | €32,274 | €26,775 | -€5,499 | -17.0% |
| Land and buildings | 22 | €5,318 | €4,796 | -€522 | -9.8% |
| Furniture and vehicles | 24 | €464 | €21,979 | +€21,514 | +4,634% |
| Leasing and similar rights | 25 | €26,492 | - | -€26,492 | |
| Financial fixed assets | 28 | €10,036 | €1,885 | -€8,151 | -81.2% |
| Current assets | 29/58 | €39,007 | €43,591 | +€4,584 | +11.8% |
| Amounts receivable within one year | 40/41 | €17,282 | €16,877 | -€405 | -2.3% |
| Trade receivables | 40 | €16,674 | €16,188 | -€486 | -2.9% |
| Other amounts receivable | 41 | €607 | €689 | +€81 | +13.4% |
| Cash at bank and in hand | 54/58 | €9,282 | €17,568 | +€8,286 | +89.3% |
| Deferred charges and accrued income | 490/1 | €12,444 | €9,146 | -€3,297 | -26.5% |
| Total equity and liabilities | 10/49 | €81,317 | €72,250 | -€9,067 | -11.1% |
| Equity | 10/15 | €41,384 | €56,294 | +€14,910 | +36.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,177 | €38,177 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,994 | €1,994 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,994 | €1,994 | = | 0.0% |
| Tax-exempt reserves | 132 | €36,183 | €36,183 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,394 | -€483 | +€14,910 | +96.9% |
| Amounts payable | 17/49 | €39,934 | €15,957 | -€23,977 | -60.0% |
| Amounts payable after more than one year | 17 | €16,005 | - | -€16,005 | |
| Financial debts | 170/4 | €16,005 | - | -€16,005 | |
| Amounts payable within one year | 42/48 | €23,928 | €15,957 | -€7,972 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €6,773 | - | -€6,773 | |
| Trade debts | 44 | €2,924 | €6,196 | +€3,271 | +112% |
| Suppliers | 440/4 | €2,924 | €6,196 | +€3,271 | +112% |
| Taxes, remuneration and social security | 45 | €9,231 | €9,746 | +€516 | +5.6% |
| Taxes | 450/3 | €5,110 | €5,101 | -€10 | -0.2% |
| Remuneration and social security | 454/9 | €4,120 | €4,645 | +€525 | +12.7% |
| Other amounts payable | 47/48 | €5,000 | €15 | -€4,985 | -99.7% |
| Non-recurring operating income | 76A | - | €14,690 | +€14,690 | |
| Remuneration, social security and pensions | 62 | €43,328 | €45,638 | +€2,310 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,668 | €3,921 | -€5,747 | -59.4% |
| Other operating charges | 640/8 | €6,350 | €6,636 | +€286 | +4.5% |
| Gross operating margin | 9900 | €59,045 | €78,324 | +€19,279 | +32.7% |
| Operating profit (loss) | 9901 | -€301 | €22,128 | +€22,429 | |
| Financial income | 75/76B | - | €190 | +€190 | |
| Recurring financial income | 75 | - | €190 | +€190 | |
| Financial charges | 65/66B | €4,081 | €7,407 | +€3,326 | +81.5% |
| Recurring financial charges | 65 | €4,081 | €7,407 | +€3,326 | +81.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,383 | €14,910 | +€19,293 | |
| Income taxes | 67/77 | €957 | - | -€957 | |
| Profit (loss) for the period | 9904 | -€5,339 | €14,910 | +€20,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,339 | €14,910 | +€20,249 |
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 18 October 2026 via checked.be.