T.P. Construct: what changed
Two fiscal 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.P. Construct
Largest movements
- Cash +€21,410
new in 2024: €21,410
mainly Trade debts (+€37,229) and Net result for the year (+€10,474)
- Receivables within one year +€16,956
up €16,956 (+33.9%), from €50,089 to €67,045
of which Trade receivables: +€12,794
- Tangible fixed assets +€8,204
up €8,204 (+42.9%), from €19,125 to €27,329
of which Furniture and vehicles: +€8,729
- Trade debts +€37,229
up €37,229 (+674.0%), from €5,523 to €42,752
- Profit (loss) carried forward +€10,474
up €10,474 (+24.2%), from €43,352 to €53,825
- Short-term financial debts -€4,339
no longer reported in 2024 (was €4,339)
- Tax, wage and social debts +€3,207
up €3,207 (+53.4%), from €6,000 to €9,207
of which Taxes: +€3,000
- Gross operating margin +€40,866
up €40,866 (+274.2%), from €14,905 to €55,771
- Write-downs +€16,500
new in 2024: €16,500
- Staff costs +€7,691
new in 2024: €7,691
- Taxes +€6,083
up €6,083 (+304.2%), from €2,000 to €8,083
- Depreciation +€1,731
up €1,731 (+27.8%), from €6,218 to €7,949
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 | €69,214 | €115,784 | +€46,570 | +67.3% |
| Fixed assets | 21/28 | €19,125 | €27,329 | +€8,204 | +42.9% |
| Tangible fixed assets | 22/27 | €19,125 | €27,329 | +€8,204 | +42.9% |
| Plant, machinery and equipment | 23 | €5,657 | €5,133 | -€525 | -9.3% |
| Furniture and vehicles | 24 | €13,467 | €22,196 | +€8,729 | +64.8% |
| Current assets | 29/58 | €50,089 | €88,455 | +€38,366 | +76.6% |
| Amounts receivable within one year | 40/41 | €50,089 | €67,045 | +€16,956 | +33.9% |
| Trade receivables | 40 | €30,232 | €43,026 | +€12,794 | +42.3% |
| Other amounts receivable | 41 | €19,857 | €24,019 | +€4,162 | +21.0% |
| Cash at bank and in hand | 54/58 | - | €21,410 | +€21,410 | |
| Total equity and liabilities | 10/49 | €69,214 | €115,784 | +€46,570 | +67.3% |
| Equity | 10/15 | €53,352 | €63,825 | +€10,474 | +19.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,352 | €53,825 | +€10,474 | +24.2% |
| Amounts payable | 17/49 | €15,862 | €51,958 | +€36,096 | +227.6% |
| Amounts payable within one year | 42/48 | €15,862 | €51,958 | +€36,096 | +227.6% |
| Financial debts | 43 | €4,339 | - | -€4,339 | |
| Credit institutions | 430/8 | €4,339 | - | -€4,339 | |
| Trade debts | 44 | €5,523 | €42,752 | +€37,229 | +674.0% |
| Suppliers | 440/4 | €5,523 | €42,752 | +€37,229 | +674.0% |
| Taxes, remuneration and social security | 45 | €6,000 | €9,207 | +€3,207 | +53.4% |
| Taxes | 450/3 | €6,000 | €9,000 | +€3,000 | +50.0% |
| Remuneration and social security | 454/9 | - | €207 | +€207 | |
| Non-recurring operating income | 76A | €0 | €0 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €7,691 | +€7,691 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,218 | €7,949 | +€1,731 | +27.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,500 | +€16,500 | |
| Other operating charges | 640/8 | €1,561 | €2,634 | +€1,073 | +68.7% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €14,905 | €55,771 | +€40,866 | +274.2% |
| Operating profit (loss) | 9901 | €7,125 | €20,996 | +€13,871 | +194.7% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €1,917 | €2,439 | +€523 | +27.3% |
| Recurring financial charges | 65 | €1,917 | €2,439 | +€523 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €5,229 | €18,557 | +€13,328 | +254.9% |
| Income taxes | 67/77 | €2,000 | €8,083 | +€6,083 | +304.2% |
| Profit (loss) for the period | 9904 | €3,229 | €10,474 | +€7,245 | +224.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,229 | €10,474 | +€7,245 | +224.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.